Sleep Service Providers Market

Market Overview

Sleep study/polysomnography is a type of test conducted to diagnose sleep disorders. Sleep study test records brain waves, oxygen level in blood, heart rate, and breathing, and eye and leg movements. A sleep study is usually conducted in a laboratory/clinic and in home care settings. A sleep study is conducted to diagnose various sleep disorder conditions such as sleep apnea, periodic limb movement disorder, narcolepsy, REM, sleep behavior disorder, unexplained chronic insomnia, and others.

This study considers the revenue generated through sleep services conducted across clinics as well as in home care settings. The report also includes physician cost and out-of-pocket cost incurred by the patient. However, the report does not consider the cost of medication prescribed for the patient after diagnosis.

Fathoming the Depth of Sleep Service Providers market

A sleep study is usually conducted in clinics and home care settings. In the U.S., a high cost of sleep testing is a matter of concern for patients undergoing sleep testing. As such, the sleep testing services market represent itself as one among the premium services in the healthcare sector, especially in the U.S. Thus, the overall cost of in-lab sleep testing services is substantially high in the U.S. The scenario is similar in the Australian market, as sleep testing services providers follow a similar cost pattern as the U.S. However, sleep testing services across European and Asian countries is quite affordable for patients. Hence, the sleep services market is expected to witness promising revenue growth in these regions.

Competitive Landscape

Some of the key sleep clinics profiled in the report are Midwest Sleep Services Inc., SleepMed Inc., SOVA Sleep Services Inc., Medical Service Company, Sleep Services Australia, Genesis SleepCare, St. Luke’s Center of Sleep Medicine, Total Sleep Holdings Plc., and Carolinas Sleep Services.

The global sleep testing services market is segmented on the basis of: