Actigraphy Devices Market Growth Accelerates: Strategic Forecast Predicts $3.6 Billion by 2029

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What Will the Actigraphy Devices Industry Market Size Be by 2025?
Recent years have seen a robust growth in the market size of actigraphy devices. The market, which stands at $2.39 billion in 2024, is projected to increase to $2.59 billion in 2025, attaining a Compound Annual Growth Rate (CAGR) of 8.3%. Factors contributing to this growth during the historic period include government efforts to encourage innovation in healthcare, the rise in funding for research into sleep and movement disorders, the expanding older population, increased demand for bespoke health care solutions, and the growing necessity for long-term health data monitoring.

What's the Long-Term Growth Forecast for the Actigraphy Devices Market Size Through 2029?
The market size of actigraphy devices is predicted to witness robust growth in the coming years, with expectations to reach $3.6 billion by the year 2029, highlighting a compound annual growth rate (CAGR) of 8.6%. The impressive growth during the prediction period is due to the increased rate of sleep disorders, enhanced consciousness about sleep health, rise in chronic ailments requiring supervision, continued clinical research on sleep and mobility disorders, and the advent of telemedicine and remote patient monitoring. The forecast period will see trends like increased demand for non-invasive monitoring gadgets, advancements in wearable technology, the integration of actigraphy with mobile health applications, improved actigraphy device capabilities for sleep pattern analysis, and incorporation with electronic health records.

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What Are the Key Growth Drivers Fueling the Actigraphy Devices Market Expansion?
The actigraphy devices market is set to expand due to the rising incidence of sleep disorders. These disorders interfere with sleep quality, timing, and duration, affecting general health and daily activities. Due to our enhanced screen time, sleep disorders have seen an increase as it interrupts the body's normal circadian rhythm by hindering melatonin generation through the extended access to blue light. Actigraphy devices are essential for addressing sleep disorders since they provide continuous, non-invasive tracking of sleep-wake cycles over a long period, supplying reliable data for accurate evaluation and treatment plans. For example, in November 2023, the National Health Service, a publicly funded healthcare system in the UK, reported that 37.8% of children aged 8 to 16 experienced sleep problems at least thrice in the past week. 76.5% of individuals likely to have mental disorders and 25.0% of those without these conditions also experienced sleep issues. Therefore, due to an increase in occurrences of sleep disorders, the actigraphy devices market is expected to grow.

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What Trends Will Shape the Actigraphy Devices Market Through 2029 and Beyond?
Leading firms in the actigraphy devices industry are prioritizing the creation of state-of-the-art products, including multisensor wearable devices for continuous, unimpeded monitoring. These sophisticated wearable devices integrate an array of sensors to concurrently track diverse physiological and environmental statistics, including movement, heart rate, body temperature, and sleep patterns. For example, ActiGraph LLC, a digital health firm based in the United States, unveiled ActiGraph LEAP, a multisensor wearable, in November 2023. ActiGraph LEAP is equipped with an extensive assortment of sensors that facilitate the continuous digital tracking of physical activities, sleep, mobility, and vital signs within a single device. This device, which aims to meet the changing requirements of demonstrating treatment effectiveness, establishes a new benchmark for patient-focused digital measurement gathering. The device's six embedded sensors can record over 25 distinct digital health metrics, encompassing heart rate, oxygen levels, blood pressure, skin temperature, as well as activity, sleep, and pace data. The collected data is effortlessly transferred to the CentrePoint platform, where it's processed with sophisticated, validated algorithms to furnish accurate insights.

How Is the Actigraphy Devices Market Segmented?
The actigraphy devices market covered in this report is segmented -

1) By Product: Wearable Actigraphy Devices, Handheld Actigraphy Devices
2) By Distribution Channel: Online, Brick And Mortar
3) By Application: Sleep Disorders Monitoring, Circadian Rhythm Disorder Monitoring, Insomnia And Restless Leg Syndrome Diagnosis, Other Applications
4) By End Use: Healthcare Providers, Research Institutions, Homecare Settings, Fitness And Sports Centers

Subsegments:
1) By Wearable Actigraphy Devices: Wrist-Worn Devices, Ankle-Worn Devices, Waist-Worn Devices, Clip-On Devices, Headband-Style Devices
2) By Handheld Actigraphy Devices: Portable Monitors, Sleep Analyzers, Multi-Parameter Trackers, Clinical Diagnostic Tools, Pediatric Handheld Units

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Which Companies Are Leading the Charge in Actigraphy Devices Market Innovation?
Major companies operating in the actigraphy devices market are Apple Inc., Google LLC, Samsung Electronics Co. Ltd., Nokia Corporation, Koninklijke Philips NV., Garmin Ltd., ResMed Inc., Nox Health, VIVISOL SRL, Compumedics Limited, Empatica Inc., ARCHIMED, Cidelec, Cleveland Medical Devices Inc., Advanced Brain Monitoring Inc., CAMNTECH LIMITED, ActivInsights Ltd, Mini Mitter Co., ActivInsights Ltd., Condor Instruments

Which Regions Are Leading the Global Actigraphy Devices Market in Revenue?
North America was the largest region in the actigraphy devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the actigraphy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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