The latest market report published by Credence Research, Inc. “Global Actigraphy Sensors and PSG Devices Market: Growth, Prospects, and Competitive Analysis, 2016 – 2030“. The global actigraphy sensors and PSG devices market generated revenue of around USD 1,354.8 million in 2022 and is anticipated to grow a CAGR of over 4.80% during the forecast period from 2017 to 2030 to reach around USD 1,794.91 million in 2030.

The latest market report published by Credence Research, Inc. “Global Actigraphy Sensors and PSG Devices Market: Growth, Prospects, and Competitive Analysis, 2016 – 2030”. The global actigraphy sensors and PSG devices market generated revenue of around USD 1,354.8 million in 2022 and is anticipated to grow a CAGR of over 4.80% during the forecast period from 2017 to 2030 to reach around USD 1,794.91 million in 2030.

Actigraphy sensors collect and analyze the physical movements of individuals suffering from a range of sleeping disorders. Furthermore, they collect information by monitoring body movements during the REM cycle. The global actigraphy sensors and PSG devices market is expected to be driven by rising demand for these devices during COVID-19 and increasing life expectancy among the US senior population. Additionally, factors such as the number of populations suffering from sleeping disorders and the increasing prevalence of insomnia will fuel the market’s growth in terms of sales.

The global actigraphy sensors and PSG devices market is bifurcated into Product Type, Technology, Distribution Channel, and Geography. Based on product type, the market is categorized into actigraphy devices and polysomnography devices. Based on technology, the global market is segmented into wireless, USB, GPS, and others (USB and Bluetooth LE, USB-to-lrDA). Based on distribution channel, the market can be categorized into retail stores, online retail stores, pharmacies, hospitals, diagnostic laboratories, and homecare settings. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

In 2022, North America was expected to contribute the largest actigraphy sensors and PSG devices market share in sales and revenue. Factors such as rising investments from prominent players towards their R&D departments and rising demand from inorganic growth strategies will fuel market growth in the region. Also, the rising working population has led to a stressful lifestyle will lead to inflated sales. During the forecast period, the United States will be the largest contributor to the North American region due to the increasing demand for these devices due to a modern lifestyle and rising disorders arising from minor sleep disturbances.

There are various types of actigraphy sensors available in the market, such as wrist-worn, ankle-worn, and waist-worn. Among these, wrist-worn sensors are the most widely used type as they are more comfortable to wear and offer better accuracy. PSG devices are also used for the diagnosis of sleep disorders. These devices measure different parameters, such as brain activity, eye movement, muscle activity, heart rate, and respiration.

Why to Buy This Report-

The report provides a qualitative and quantitative analysis of the global actigraphy sensors and PSG devices by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2017-2021, base year- 2022, and forecast period 2017-2030.
The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level.
In-depth analysis of the global actigraphy sensors and PSG devices segmentation based on products, procedures, applications, end user, and regional integration.
The global actigraphy sensors and PSG devices report also includes analyzing the global, regional, and country levels, key market trends, significant players analysis, market growth strategies, and key application areas.

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