Sleep Study Equipment Market

By Product Type;

Diagnostic Devices, -[Actigraphs, Polysomnography (PSG) Device, Respiratory Polygraphs, Pulse Oximeters], Therapeutic Devices -[Positive Airway Pressure (PAP) Devices, (CPAP, APAP, Bi-PAP), Oral Devices, Nasal Devices, Chin Straps] and Sleep Apnea Masks

By End Use;

Hospitals & Sleep Labs and Home Care

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn007605659 Published Date: August, 2025 Updated Date: September, 2025

Sleep Study Equipment Market Overview

Sleep Study Equipment Market (USD Million)

Sleep Study Equipment Market was valued at USD 5374.14 million in the year 2024. The size of this market is expected to increase to USD 8629.69 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.


Sleep Study Equipment Market

*Market size in USD million

CAGR 7.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)7.0 %
Market Size (2024)USD 5374.14 Million
Market Size (2031)USD 8629.69 Million
Market ConcentrationMedium
Report Pages322
5374.14
2024
8629.69
2031

Major Players

  • Philips Healthcare
  • ResMed Inc.
  • Natus Medical Incorporated
  • Nihon Kohden Corporation
  • SOMNOmedics GmbH
  • Compumedics Limited
  • Fisher & Paykel Healthcare Limited
  • Itamar Medical Ltd.
  • Medicom MTD Ltd.
  • Cadwell Industries, Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Sleep Study Equipment Market

Fragmented - Highly competitive market without dominant players


The Sleep Study Equipment Market is expanding rapidly as the prevalence of sleep disorders continues to rise and the need for precise diagnostic tools grows stronger. More than 60% of healthcare facilities are adopting polysomnography systems to analyze sleep cycles effectively. Increasing awareness of sleep-related health complications and improved diagnostic infrastructure are driving widespread adoption of innovative solutions.

Technological Integration Enhancing Accuracy
The industry is witnessing accelerated adoption of wireless monitoring systems, wearable technologies, and AI-powered analytics to deliver more accurate diagnoses. Around 55% of manufacturers are investing in intelligent diagnostic solutions that capture and analyze real-time patient data. Enhanced cloud-based platforms and data-driven technologies have strengthened diagnostic accuracy and streamlined patient monitoring.

Rising Adoption of Portable Sleep Study Devices
There has been a notable shift toward portable and home-based sleep testing equipment, now representing nearly 48% of total usage. These devices provide patients with greater convenience, ensuring effective monitoring outside hospital environments. Manufacturers are introducing compact, versatile, and cost-efficient solutions that offer high diagnostic performance and reduce dependency on full-scale clinical facilities.

Integration of AI and Remote Monitoring
The introduction of AI-based diagnostics and remote monitoring technologies is revolutionizing patient care. Over 50% of providers now use connected sleep study devices that transmit data instantly to physicians for timely analysis. These developments enhance patient engagement, reduce diagnostic delays, and promote data-centric healthcare solutions, marking a key transformation in the industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Sleep Study Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements in Sleep Study Equipment
        2. Increasing Awareness about Sleep Disorders
        3. Growing Geriatric Population
      2. Restraints
        1. High Cost of Sleep Study Equipment
        2. Limited Reimbursement Policies
        3. Lack of Skilled Professionals
      3. Opportunities
        1. Emerging Markets in Developing Countries
        2. Telemedicine and Remote Monitoring Trends
        3. Integration of AI and Machine Learning
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Sleep Study Equipment Market, By Product Type;, 2021 - 2031 (USD Million)

      1. Diagnostic Devices

        1. Actigraphs

        2. Polysomnography (PSG) Device

        3. Respiratory Polygraphs

        4. Pulse Oximeters

      2. Therapeutic Devices

        1. Positive Airway Pressure (PAP) Devices

          1. CPAP

          2. APAP

          3. Bi-PAP

        2. Oral Devices

        3. Nasal Devices

        4. Chin Straps

      3. Sleep Apnea Masks

    2. Sleep Study Equipment Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Sleep Clinics & Laboratories
      3. In-House
    3. Sleep Study Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Philips Healthcare
      2. ResMed Inc.
      3. Natus Medical Incorporated
      4. Nihon Kohden Corporation
      5. SOMNOmedics GmbH
      6. Compumedics Limited
      7. Fisher & Paykel Healthcare Limited
      8. Itamar Medical Ltd.
      9. Medicom MTD Ltd.
      10. Cadwell Industries, Inc.
  7. Analyst Views
  8. Future Outlook of the Market