Discover trends, market shifts, and competitive outlooks for the sleep testing services industry through 2025-2034 with The Business Research Company’s reliable data and in-depth research

How Fast Is The Sleep Testing Services Market Expected to Grow Between 2025 And 2029?

The market for sleep testing services has experienced substantial growth in the last few years. It is projected to increase from $7.72 billion in 2024 to $8.36 billion in 2025, with a compound annual growth rate (CAGR) of 8.4%. This significant growth in the historical period can be credited to a rise in awareness of sleep disorders, increased occurrences of sleep apnea, the obesity crisis, elevated stress levels, lifestyle changes, and the expansion of insurance coverage.

The market for sleep testing services is anticipated to witness substantial growth in the upcoming years, reaching $12.18 billion by 2029 with a compound annual growth rate (CAGR) of 9.8%. The projected growth within the forecast period can be linked to a heightened focus on mental health, the creation of home sleep testing equipment, a rise in insomnia cases, employer wellness initiatives, and increased efforts towards patient education and advocacy. Expected trends within this forecast period include the incorporation of wearable technology, the application of telemedicine and remote sleep consultation services, the development of advanced sleep monitoring tools, partnerships with healthcare providers, and research into sleep-related comorbid conditions.

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Which Major Market Drivers Are Expected to Boost the Growth Potential of the Sleep Testing Services Market?

The growth of the sleep testing services market is likely to be influenced by the rise in sleep disorder cases. Sleep disorders, otherwise known as sleep-wake disorders, include a range of issues linked to the nature type, volume, and timing of sleep, such as obstructive sleep apnea, parasomnias, narcolepsy, and restless leg syndrome, which often go hand in hand with physical or mental health problems like anxiety, depression, and cognitive disorders. These testing services are crucial in the treatment process of patients suffering from obstructive sleep apnea, by offering essential information for disease management and suggesting treatment methods. For example, SleepFoundation.org, a US-based charitable organization focused on providing sleep health information and comprehensive product testing, reported in May 2023 that an estimated 50 million to 70 million individuals are battling persistent sleep disorders, a tendency exacerbated by post-traumatic stress disorder (PTSD). Additionally, 70% of adults are affected by seasonal affective disorder (SAD), while insomnia that impedes daily activities impacts between 9% and 15% of the American adult population. Hence, the burgeoning number of sleep disorder cases is propelling the growth of the sleep testing services market.

Which Key Market Segments Comprise the Sleep Testing Services Market and Drive Its Revenue Growth?

The sleep testing services market covered in this report is segmented –

1) By Diagnostic Type: Home Sleep Testing, In-Lab Sleep Testing

2) By Application: Obstructive Sleep Apnea, Insomnia, Rapid Eye Movement (REM) Sleep Disorder, Restless Legs Syndrome, Narcolepsy, Circadian Rhythm Sleeping Disorders

3) By End-User: Sleep Centers, Hospitals, Home Care Settings

Subsegments:

1) By Home Sleep Testing: Portable Monitors, Oximetry Testing, Full-Body Sleep Monitors

2) By In-Lab Sleep Testing: Polysomnography (PSG), Multiple Sleep Latency Test (MSLT), Maintenance Of Wakefulness Test (MWT)

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Which Areas Are Leading Regions in the Sleep Testing Services Market Expansion Across the Globe?

North America was the largest region in the sleep testing services market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the sleep testing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Are the Key Market Trends in theSleep Testing Services Market Over the Coming Years?

The boom in product innovation is an emerging trend that is catching on in the sleep testing services market. To maintain their market position, leading companies in the sector are coming up with advanced and upgraded products, and adding new aspects to their existing ones. For example, Acurable, a medical device company based out of the UK, launched the AcuPebble SA100, an iteration of its AcuPebble device, in May 2023. This device, aimed at the US market, is slated for diagnosing obstructive sleep apnea (OSA). The AcuPebble SA100 seeks to bolster the troublesome home sleep apnea testing process, enabling swifter diagnosis, more prompt treatment and better handling of this recurring disorder.

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How Is the Sleep Testing Services Market Conceptually Defined?

Sleep testing services refer to a non-invasive, overnight examination that is performed in a sleep lab during normal sleeping hours to document the physical and mental activity that takes place when a person is sleeping to identify and treat sleep problems. Sleep testing services are used to diagnose sleep disorders and record brain waves, the oxygen level in the blood, heart rate, and breathing during sleep.

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