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Sleep Disorder Market Size

  • Report ID: GMI5172
  • Published Date: Mar 2023
  • Report Format: PDF

Sleep Disorder Market Size

Sleep Disorder Market size was worth over USD 22.5 billion in 2022 and is poised to depict significant growth at more than 12% CAGR from 2023 to 2032 owing to the rising prevalence of sleep disorders worldwide

 

Sleep Disorder Market Overview

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The upsurge in the number of patients experiencing sleep apnea and other co-morbidities is among the major factors affecting the demand for therapeutic and diagnostic equipment due to their dependability and ergonomic design that assist patients in performing an easy sleep test. The American Sleep Association estimates that between 50 and 70 million individuals in the U.S. suffer from sleep disorders. These illnesses commonly coexist with issues such as anxiety, depression, and posttraumatic stress disorder (PTSD). This high incidence rate is also associated with the rising adoption of a sedentary lifestyle, which is expected to drive market size.

 

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

Global market for sleep disorder exceeded USD 22.5 billion in 2022 and is set to grow at over 12% CAGR through 2032, driven by the rising prevalence of sleep disorders worldwide.

Therapeutics segment generated more than USD 8.5 billion in 2022 and is expected to grow significantly through 2032, owing to the growing popularity of oral appliance therapy.

North American sleep disorder market is poised to exhibit over 11.5% CAGR through 2032 attributed to the high prevalence of sleep disorders.

Fisher & Paykel Healthcare, Koninklijke Philips N.V., Invacare Corporation, Teleflex Inc., ResMed Inc., and Natus Medical Inc., among others, are the major player engaged in the sleep disorder industry.

Sleep Disorder Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 629
  • Countries covered: 29
  • Pages: 250
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