Bharat Book Bureau Provides the Trending Market Research Report on “Sleep Labs in America: An Industry Analysis” under Energy & Utility category. The report provides information on industry overview, market size, latest developments, industry trends, Key Manufacturers, global presence, and their future prospects.
First launched in 1977, there are now an estimated 4,700 “sleep labs or centers” in the United States. These labs perform sleep studies and help design treatment programs for insomniacs and those with sleep apnea and other conditions.
The total overall sleep aids market consists of Rx and OTC medications, premium mattresses, high tech pillows, CPAP devices, white noise machines, smartphone apps, and more. All of this has become a $28.6 billion a year industry. Sleep labs account for $4.3 billion of this total.
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A total of 58% of Americans are estimated to experience insomnia symptoms or sleep disorders. As obesity rates climb, Americans age, and stress increases, more people are developing sleep apnea, restless leg syndrome and other sleep disorders. Most of those with sleep apnea are undiagnosed, providing ample growth for tests by sleep labs. Some consolidation has taken place but patient volumes are increasing.
The study includes: market size estimates for 1995-2017, with 2018 and 2023 Forecasts, an Overview of the total sleep market (status reports for the mattress and pillows market, sleep medications, CPAP devices and retail sleep aids), sleep lab chain competitor profiles, a discussions of market nature & structure, history and evolution, reimbursement issues and the effect of Medicare rulings regarding home testing. The report also includes key sleep lab metrics such as patient volumes, bed counts, pricing, patient mix, and much more.
Company profiles for: SleepMed, Sleep Holdings, Foundation Surgery Associates, Novasom, and Nocturna.
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