What is Global Actigraphy Sensors and PSG Devices Market?
The Global Actigraphy Sensors and PSG Devices Market is a rapidly expanding field that focuses on the production and distribution of actigraphy sensors and polysomnography (PSG) devices. These devices are primarily used for monitoring sleep disorders and other health conditions. Actigraphy sensors are wearable devices that measure movement and light exposure, providing valuable data on sleep patterns and circadian rhythms. On the other hand, PSG devices are used in sleep studies to record brain waves, oxygen levels in the blood, heart rate, and breathing, as well as eye and leg movements during the study. The global market for these devices is growing due to an increase in the prevalence of sleep disorders and a rise in awareness about the importance of quality sleep for overall health.
Wrist And Handband Actigraphy Devices, Wearable Actigraphy Devices in the Global Actigraphy Sensors and PSG Devices Market:
Wrist and Handband Actigraphy Devices and Wearable Actigraphy Devices are two major types of devices in the Global Actigraphy Sensors and PSG Devices Market. Wrist and Handband Actigraphy Devices are worn on the wrist or hand and measure movement and light exposure. They are often used in sleep studies to help diagnose sleep disorders. Wearable Actigraphy Devices, on the other hand, can be worn on various parts of the body and provide more comprehensive data. They can measure not only movement and light exposure but also other physiological parameters such as heart rate and body temperature. These devices are becoming increasingly popular due to their convenience and the detailed data they provide. The market for these devices is expected to grow as technology advances and the demand for comprehensive sleep studies increases.
Retail Stores, Online Retail Stores, Pharmacies, Hospitals, Diagnostic Laboratories, Homecare Settings in the Global Actigraphy Sensors and PSG Devices Market:
The Global Actigraphy Sensors and PSG Devices Market has a wide range of applications, including Retail Stores, Online Retail Stores, Pharmacies, Hospitals, Diagnostic Laboratories, and Homecare Settings. In Retail Stores and Online Retail Stores, these devices are sold directly to consumers who use them to monitor their sleep patterns and overall health. Pharmacies also sell these devices and often provide additional services such as device setup and user education. In Hospitals and Diagnostic Laboratories, these devices are used in sleep studies to diagnose sleep disorders and other health conditions. They provide valuable data that can help healthcare professionals make accurate diagnoses and develop effective treatment plans. In Homecare Settings, these devices are used by individuals who need to monitor their sleep patterns or other health conditions at home. They provide a convenient and cost-effective alternative to in-hospital sleep studies.
Global Actigraphy Sensors and PSG Devices Market Outlook:
The Global Actigraphy Sensors and PSG Devices Market has shown significant growth in recent years. In 2023, the market was valued at US$ 1313.3 million and is expected to reach US$ 1912.4 million by 2030, growing at a CAGR of 5.4% during the forecast period from 2024 to 2030. This growth can be attributed to several factors, including an increase in the prevalence of sleep disorders, a rise in awareness about the importance of quality sleep for overall health, and advancements in technology. The market is dominated by major players such as Philips, Garmin, Fitbit, ResMed, Natus Medical, Nox Medical, SOMNOmedics, Compumedics, BMC Medical, Cleveland, Cidelec, and ActiGraph, which collectively account for about 80% of the market. The largest market for these devices is in the Americas, which holds over 59% of the market share.
| Report Metric | Details |
| Report Name | Actigraphy Sensors and PSG Devices Market |
| Accounted market size in 2023 | US$ 1313.3 million |
| Forecasted market size in 2030 | US$ 1912.4 million |
| CAGR | 5.4% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | ActiGraph, Activinsights Ltd., Aetna Inc., BMC Medical Co., Cidelec, Cleveland Medical Devices Inc., Compumedics, Fitbit, Garmin Ltd., iHealth Labs Inc., Koninklijke Philips N.V., Medicom MTD, MEDISANA GmbH, Natus Medical, Nox Medical, Recorders & Medicare Systems Pvt Ltd, ResMed Inc., SOMNOmedics GmbH |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
