Summary

The Actigraphy Sensors & PSG Devices Market was valued at USD Million and is expected to grow at a steady rate of around 6% during the forecast period (2022-2030) owing to the growing use of wireless medical equipment and diagnostic tools in healthcare systems. Both actigraphy sensors and PSG devices are used to monitor and measure sleep and activity levels, they are used in different contexts and for different purposes. Actigraphy sensors are more commonly used in home and non-clinical settings, while PSG devices are used in clinical settings for the diagnosis and treatment of sleep disorders. Further on, PSG devices provide more detailed information on sleep architecture and stages, while actigraphy sensors provide more general information on sleep and activity levels. Additionally, growing cases of sleep disorders and the growing interest in tracking sleep and activity levels for health and wellness purposes are some of the most prominent factors driving the growth of the market. For instance, according to the National Sleep Foundation, approximately 50 to 70 million Americans have a sleep disorder, and many of these individuals could benefit from monitoring their sleep and activity levels using actigraphy sensors.

Some of the major players operating in the market include SOMNOmedics GmbH, ResMed, Recorders & Medicare Systems Private Limited, Natus Medical Incorporated, Medisana GmbH, Koninklijke Philips N.V., Garmin Ltd., Fitbit, Compumedics Limited, Activinsights Ltd. Several M&As along with partnerships have been undertaken by these players to facilitate customers with hi-tech and innovative products/technologies.

Insights Presented in the Report
“Amongst product type, the actigraphy segment held a significant share of the market in 2021”
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. Additionally, advances in technology are making actigraphy sensors more accurate and easier to use, further increasing their popularity.

“Amongst technology, wireless technology dominated the market in 2021”
On the basis of technology, the market is categorized into Wire, 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. The growth of this segment can be attributed to the factors such as convenience, ease of use, and improved data collection and analysis capabilities that wireless technology provides.

“North America Dominated the market in 2021”
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.

Reasons to buy this report:
• The study includes market sizing and forecasting analysis validated by authenticated key industry experts.
• The report presents a quick review of overall industry performance at one glance.
• The report covers an in-depth analysis of prominent industry peers with a primary focus on key business financials, product portfolios, expansion strategies, and recent developments.
• Detailed examination of drivers, restraints, key trends, and opportunities prevailing in the industry.
• The study comprehensively covers the market across different segments.
• Deep dive regional level analysis of the industry.

Customization Options:
The global actigraphy sensors & PSG devices market can further be customized as per the requirement or any other market segment. Besides this, UMI understands that you may have your own business needs, hence feel free to connect with us to get a report that completely suits your requirements.

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