Actigraphy Sensors & PSG Devices is Expected to Showcase a CAGR of Around 5% Due to the Growing Cases of Sleep Disor

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Actigraphy Sensors & PSG Devices market is expected to grow at a CAGR of around 5% from 2022-2030.

According to a new report published by UnivDatos Markets Insights, the Actigraphy Sensors PSG Devices market is expected to grow at a CAGR of around 5% from 2022-2030. The analysis has been segmented into Product Type (Actigraphy Devices and Polysomnography Devices); Technology (Wireless, USB, and GPS); Region/Country.

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The actigraphy sensors PSG devices market report has been aggregated by collecting informative data on various dynamics such as market drivers, restraints, and opportunities. This innovative report makes use of several analyses to get a closer outlook on the actigraphy sensors PSG devices market. The actigraphy sensors PSG devices market report offers a detailed analysis of the latest industry developments and trending factors in the market that are influencing the market growth. Furthermore, this statistical market research repository examines and estimates the actigraphy sensors PSG devices market at the global and regional levels.

Key Market Dynamics

With the rising reception of remote clinical hardware, patients can now utilize actigraphy sensors and PSG gadgets at home, disposing of the requirement for medical clinic visits. As a result, there has been an increase in the demand for PSG devices and portable, wireless, and wearable actigraphy sensors that can send real-time data to healthcare providers.

As a result, manufacturers are now concentrating on creating more advanced and user-friendly devices that can seamlessly integrate with other wireless diagnostic tools and medical equipment, such as mobile apps and EHR systems. The use of wireless actigraphy sensors and PSG devices has also been accelerated by the rise of telemedicine and remote patient monitoring (RPM). Doctors can use telemedicine to remotely track their patients' sleep patterns, diagnose sleep disorders, and offer treatment recommendations without having to take their patients to a clinic or hospital.


FIG. 1 Global Actigraphy Sensors PSG Devices Market Revenue, by Region 2021 (% Share)

Source: UnivDatos Market Insights

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COVID-19 Impact

The COVID-19 pandemic has had a significant impact on the actigraphy sensors and PSG devices market. With many people unable or unwilling to visit healthcare facilities in person, the adoption of remote monitoring technologies has accelerated, including for sleep disorders. This has led to increased demand for actigraphy sensors and PSG devices that can be used for remote monitoring and diagnosis, driving growth in the market.

The global Actigraphy Sensors PSG Devices market report is studied thoroughly with several aspects that would help stakeholders in making their decisions more curated.

Based on product type, the market is segmented into actigraphy devices and polysomnography devices. The actigraphy segment held a significant share of the market in 2021 mainly owing to the increasing prevalence of sleep disorders, the growing interest in health and wellness tracking, and the affordability and accessibility of these devices.

On the basis of technology, the market is categorized into wireless, USB, and GPS. Among these, the wireless technology segment catered to a dominating share of the market in 2021 and is expected to grow at a robust CAGR during the forecast period.

Actigraphy Sensors PSG Devices Market Geographical Segmentation Includes:

North America (U.S., Canada, and the Rest of North America)

Europe (Germany, UK, France, Italy, Spain, Rest of Europe)

Asia-Pacific (China, India, Japan, and Rest of Asia-Pacific)

Rest of the World

North America catered to a significant share of the global actigraphy sensors PSG devices market in 2021. The high prevalence of sleep disorders, the growing interest in health and wellness tracking, and the availability of advanced healthcare technology are all factors contributing to the high demand for actigraphy sensors in North America. Furthermore, the region has a highly advanced healthcare technology industry, with many companies focused on developing and improving healthcare devices and software. This has led to the development of advanced actigraphy sensors that offer more accurate data and better analysis capabilities, further driving demand in the region.

List of key start-ups in the North America Region:

Company Name

Company Logo

Year of Establishment

Biofourmis

2015

Consumer Sleep Solutions LLC

2016

Spry

2013

AliveCor, Inc.

2011

The major players targeting the Global Actigraphy Sensors PSG Devices market:

Comments

Company Name

Company Logo

Revenue (2021)

SOMNOmedics GmbH

USD XX Bn

ResMed

USD XX Bn

Recorders Medicare Systems Private Limited

USD XX Bn

Natus Medical Incorporated

USD XX Bn

Medisana GmbH

USD XX Bn

Koninklijke Philips N.V.

USD XX Bn

Garmin Ltd.

USD XX Bn

Fitbit

USD XX Bn

Compumedics Limited

USD XX Bn

Activinsights Ltd.

USD XX Bn