Actigraphy Sensors and PSG Devices Market: Company Profiles Segment Size Recent Trends Industry Growth Outlook Forecast Through 2024-2031 | Koninklijke Philips N.V., Neurocare Group, Cadwell Laboratories Inc.

Actigraphy Sensors and PSG Devices Market is the focal point of DataM Intelligence's latest market research report, offering a comprehensive analysis of this dynamic sector. This in-depth study goes beyond a basic overview, exploring the intricate dynamics that shape the market. By examining regional trends, demand patterns, and potential breakthroughs, DataM Intelligence aims to empower businesses and stakeholders with valuable insights for navigating the evolving landscape. The insights from this report can illuminate pathways for informed decision-making and drive strategic growth in Actigraphy Sensors and PSG Devices Market.

Will the Actigraphy Sensors and PSG Devices Market become the sector's next big opportunity? To find out, delve into the analysis and projections for Actigraphy Sensors and PSG Devices Market. This market research study offers in-depth insights into the opportunities, challenges, and trends currently shaping the machinery landscape, enabling industry participants to make informed decisions in a dynamic environment. Take advantage of the opportunity in the Actigraphy Sensors and PSG Devices Market! (2031)

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The Global Actigraphy Sensors and PSG Devices Market reached US$ 1.35 billion in 2023 and is expected to reach US$ 2.03 billion by 2031, growing at a CAGR of 5.30% during the forecast period 2024-2031.

Key Growth Drivers in Actigraphy Sensors and PSG Devices Market:

Rise in the Prevalence of Sleep Disorders

The increasing prevalence of sleep disorders, including insomnia, sleep apnea, and restless legs syndrome, is significantly driving the market for actigraphy sensors and polysomnography (PSG) devices. As awareness of these conditions grows, so does the understanding of their profound impact on overall health, leading to an increased demand for effective diagnostic tools to monitor and manage sleep patterns.

According to the American Psychiatric Association, approximately one-third of adults experience some symptoms of insomnia. Of these, 10 to 15% report difficulties functioning during the daytime, and 4 to 22% exhibit symptoms severe enough to meet the criteria for insomnia disorder. Alarmingly, around 40 to 50% of individuals suffering from insomnia also have another mental health disorder.

DataM Intelligence profiles some of the most reputed organizations present in the Actigraphy Sensors and PSG Devices market. They are as follows:

Koninklijke Philips N.V., Neurocare Group, Cadwell Laboratories Inc., SOMNOmedics GmbH, ActiGraph LLC, Advanced Brain Monitoring Inc., Nox Medical, BMC, Cidelec, Compumedics among others.

Segment Covered in the Actigraphy Sensors and PSG Devices Market:

By Product Type: Actigraphy Sensors, Polysomnography Devices.

By Application: Sleep Monitoring, Fitness Monitoring, Disease Monitoring, Clinical Research, Others.

By Configuration: Wristband, Neck and head bands, Sensor Caps, Others.

By End-User: Hospitals and Clinics, Homecare, Others.

Regional Analysis:

The global Actigraphy Sensors and PSG Devices Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

Key Developments

In April 2022, Onera Health received clearance from the U.S. Food and Drug Administration for its non-invasive, patch-based clinical-grade medical device, the Onera STSI. This compact device is designed for polysomnography and aims to diagnose sleep disorders in various settings, including hospitals, sleep laboratories, and home environments.

Earlier, in March 2020, Nox Medical officially launched its innovative polysomnographic system, the Nox A1, in the U.S. and Canada. The Nox A1 is an advanced ambulatory PSG device that combines thoughtful design with clinical accuracy, enabling sleep labs to maximize their investments by providing multiple functions within a single device.

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Regional Analysis:

The global Actigraphy Sensors and PSG Devices Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Actigraphy Sensors and PSG Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Points Covered:

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Actigraphy Sensors and PSG Devices market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Actigraphy Sensors and PSG Devices Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The global Actigraphy Sensors and PSG Devices market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Actigraphy Sensors and PSG Devices Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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FAQ's

Q.1. What are the primary drivers of the Actigraphy Sensors and PSG Devices Industry?

Q.2. What are the main factors propelling and impeding the growth of the Actigraphy Sensors and PSG Devices market?

Q.3. What are the general structure, risks, and opportunities of the market?

Q.4. How do the prices, revenue, and sales of the leading Actigraphy Sensors and PSG Devices market firms compare?

Q.5. What are the main segments of the market and how is it divided up?

Q.6. Which companies dominate the market, and what percentage of the market do they control?

Q.7. What trends are influencing the Actigraphy Sensors and PSG Devices market now and in the future?

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