Ambulatory Polysomnography System Market Size, Share, Industry, Forecast and Outlook (2024-2031)

Global Ambulatory Polysomnography Systems Market is segmented By Product Type (Up To 12 Channels, Up To 24 Channels, Up To 32 Channels, Above 32 channels) By Application (Obstructive sleep apnea, Chronic insomnia, Narcolepsy, Others) By End-User (Hospitals, Home care settings, Others) and By Region (North America, Europe, South America, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Report Overview

Global Ambulatory Polysomnography Systems Market reached US$ YY million in 2023 and is expected to reach US$ YY million by 2031, growing at a CAGR of 7.2% during the forecast period 2024-2031.

Ambulatory polysomnography systems are portable and lightweight devices, allowing patients to perform sleep tests outside of a typical sleep laboratory or clinical environment, such as in their own homes. Ambulatory polysomnography (Amb-PSG), or type II PSG, allows one to diagnose other sleep comorbidities with the advantage of characterizing sleep stages and measuring arousals, total sleep time (TST), and an accurate respiratory disturbance index (RDI).

Ambulatory polysomnography (PSG) is introduced as a new method for assessing sleep bruxism. Nocturnal recordings of masseter electromyography (EMG), electro-encephalography, electro-oculography, electrocardiography, thoracic effort, and body position allow for the detection of typical nocturnal masseter activity as well as the determination of sleep stages.

Market Summary

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Market Dynamics

Drivers

Rise in the Prevalence of Obstructive Sleep Disorders

The demand for the ambulatory polysomnography systems market is driven by multiple factors. Approximately 1 billion of the world's population of 7.3 billion people, between the ages of 30 and 69 years, are estimated to have the most common type of sleep-disordered breathing, obstructive sleep apnoea (OSA). OSA prevalence is rising and affects all countries. The increase in prevalence is driven by the global increase in obesity, the major risk factor for OSA.2-6 In this review, we examine contributing factors, the burden of disease, approaches, and challenges in addressing the global burden of OSA.

Furthermore, ambulatory polysomnography systems are also driven by various factors like advancements in the systems, strategic partnerships with key players, and others to help the market grow during the forecast period.

For instance, a recent United Nations study revealed that the number of people 65 and older worldwide is expected to triple in the upcoming years in January 2023. It is projected that 1.6 billion individuals over 65 will exist by 2050, accounting for more than 16% of the global population.

Sleep disorders such as sleep apnea are correlated with aging. As a result, there is a growing demand for sleep apnea devices including tests and diagnostics tools such as ambulatory PSG devices to meet the specific sleep demands of older individuals. All the factors are expected to continue to fuel the market progress.

Improvements in technology in the sleep care industry might be regarded as a driving force in the ambulatory polysomnography (PSG) systems market. The market is continuously expanding as a result of several breakthrough technologies, such as portable devices, smartphone applications, telemedicine, and so on. Wireless and portable polysomnography systems, such as Nox Medical's Nox A1s PSG, have profited from R&D. Wireless capabilities provide patients with a sense of independence by allowing them to move freely throughout the night while being diagnosed. This will have a positive impact on the ambulatory polysomnography (PSG) systems market.

Restraints

Factors such as the high cost of the devices, the majority of the population, especially in rural regions, is not aware of the serious implications of sleep apnea. If sleep disorders are not treated, they can lead to chronic conditions such as heart failure, stroke, high blood pressure, diabetes, and obesity. 

This can further lead to severe health conditions such as uncontrolled blood pressure, heart attack, weakened and narrow blood vessels of kidneys, and aneurysms. The lack of awareness about sleeping disorders in a significant chunk of the population is expected to hamper the market.

Market Segmentation Analysis

The ambulatory polysomnography systems market is segmented based on product type, application, end-user and region.

The up to 12 channels segment accounted for approximately 34.5% of the ambulatory polysomnography systems  market share

The up to 12 channels segment is expected to hold the largest market share over the forecast period. Ambulatory PSG systems with up to 12 channels provide a wide range of physiological data, including EEG, EOG, EMG, EMG, EMG, and more, enabling healthcare providers to accurately evaluate a patient's sleep, thereby enhancing their overall patient care.

Furthermore, increased awareness of sleep disorders and their influence on overall wellness has led to a rise in demand for complete sleep tests. The value of precise and complete sleep evaluations is recognized by both patients and medical professionals, which has fueled the growth of up to 12 channel PSG systems segment.

The increasing demand for better (PSG) systems to provide more accurate and reliable diagnostic data for patients with sleep disorders worldwide is expected to boost the market.

For instance, in July 2022, the future of sleep medicine is wireless polysomnography. One of the world’s most portable polysomnography (PSG) systems, the Nox A1s is transforming how sleep apnea patients experience sleep studies. With wireless capabilities, the Nox A1s enable patients to maintain their sense of independence as they move freely throughout the night.

Geographical Share

North America accounted for approximately 43.3% of the ambulatory polysomnography systems  market share 

North America region is expected to hold the largest market share over the forecast period. owing to factors such as lifestyle, obesity, and aging contribute to a substantial number of individuals affected by conditions like obstructive sleep apnea (OSA), and insomnia among others. The need for accurate diagnosis and treatment drives the demand for ambulatory polysomnography systems in the region. 

Furthermore, North America boasts a well-developed healthcare infrastructure, including numerous hospitals, clinics, and sleep centers. These facilities often incorporate ambulatory PSG systems for sleep studies and diagnostics, contributing to the market's size.

For instance, in April 2023, Onera Health, a leader in transforming sleep medicine and remote monitoring, started an exclusive strategic partnership with MedBridge Healthcare, a leading provider of sleep management services including sleep screening, in-center, inpatient and home diagnostic testing and therapy coordination.

This new partnership aims to broaden access to Onera’s medical-grade PSG-as-a-Service solution, further improving the patient experience and lowering the operational burden currently faced in many sleep clinics across the US.

Moreover, North America has one of the highest reported prevalence rates of sleep disorders globally. For instance, according to the American Sleep Association [ASA), the average individual received less than seven hours of sleep every night in 2021, and 50 to 70 million individuals in the U.S. were affected by an insomnia disorder.

In addition, Onera Health invented the tiny, non-invasive Onera STS I medical gadget. In June 2021, the European CE mark was granted to the device, and in April 2022, the US Food and Drug Administration (FDA) granted clearance. 

The system enables doctors, hospitals, and sleep clinics to conduct single-night and multi-night investigations in addition to enhancing their diagnostic and monitoring capabilities for PSG and home sleep tests (HSTs). 

COVID-19 Impact Analysis

The COVID-19 pandemic significantly impacted the ambulatory polysomnography system market. Initially, the pandemic disrupted the supply chain and healthcare services, leading to a negative impact on the ambulatory polysomnography systems market. However, the pandemic also emphasized the importance of remote healthcare monitoring and diagnostics, leading to a greater focus on telemedicine and home-based care, including ambulatory PSG equipment for remote sleep monitoring.

Market Key Players

The major global players in the ambulatory polysomnography system market are Natus Medical Incorporated, Nihon Kohden Corporation, ResMed Inc, Löwenstein Medical Technology GmbH Co. KG, Neurosoft, Cadwell Industries Inc, Somnomedics Gmbh, Nox Medical, ElectraMed Corporation, Compumedics Limited among others.

Key Developments

• On August 8, 2023, Neurobit, a global leader in artificial intelligence-driven sleep health analytics, launched Neurobit PSG, an AI-enabled sleep scoring platform that is set to transform the field of sleep analysis. 
• On April 4, 2023, Onera Health, a leader in transforming sleep medicine and remote monitoring, announced an exclusive strategic partnership with MedBridge Healthcare, a leading provider of sleep management services including sleep screening, in-center, inpatient, and home diagnostic testing and therapy coordination.
• in June 2021, Onera Health, a leader in nanoelectronics and digital technologies, announced the launch of its new Polysomnography (PSG) device and received a CE Certificate of Conformity for developing innovative sleep (PSG) systems. This innovation would transform the outdated, and expensive process of traditional sleep testing.   

Why Purchase the Report?

• To visualize the ambulatory polysomnography systems market segmentation based on product type, application, end-user and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development
• Excel data sheet with numerous data points of ambulatory polysomnography systems market level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping is available in Excel consisting of key products of all the major players.

The ambulatory polysomnography system market report would provide approximately 62 tables, 54 figures, and 184 Pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies