U.S. Sleep Disorders Treatment Market Worth $12.8 billion

August 29, 2024

Marketdata LLC just released a new report that investigates the U.S. sleep disorders treatment market, encompassing sleep centers (clinics or labs) and the market for CPAP devices, for people with sleep apnea and other sleep disorders.

Some report findings:

50-70 million U.S. adults have a sleep disorder, with 39 million of them having sleep apnea.
The sleep centers market is fragmented and is populated by more than 4,000 small, privately owned operations, while the CPAPs market is dominated by two large healthcare companies: ResMed and Respironics (Philips).
The sleep centers market is estimate to be worth $7.75 billion and is a mature, low-growth, low-profit market populated by small, private companies with average gross annual revenues of $1.7 million.
The CPAP devices market is estimated at $5.06 billion, and is dominated by just two companies: ResMed and Respironics (Philips).
Marketdata analysts estimate that the true number of sleep centers in the U.S. is about 4,560. The total estimated number of ACCREDITED sleep centers is at least 3,256.
Sleep centers have undergone financial stress since the 2020 Covid-19 pandemic.
Pre-COVID volumes were 70% in-lab and 30% home sleep testing (HST), according to EnsoData’s survey, which found this in-lab to home testing ratio flipped during the pandemic. It’s now 70% home tests and 30% in-center tests.
To boost profitability, sleep disorder clinics have expanded beyond traditional sleep studies. Clinics that offer a range of services such as CPAP fitting, oral appliance therapy, and behavioral sleep medicine have increased their revenues.

Learn More About This Market

Marketdata’s new report is 91 pages in length, with 20 tables and charts. Price is $995, sold at www.marketdataenterprises.com. Or, call: 813-971-8080.

The report includes extensive sleep lab metrics (avg. revenues, patient volumes, bed counts, fees, more), $ market size (sleep center revenues, CPAP sales) from 1995-2023, with 2024 and 2028 Forecasts, patient demographics, in-depth competitor profiles, analysis of market nature & structure, history and evolution, reimbursement issues and the effect of Medicare rulings regarding home testing. Sleep technician salaries, regional market potentials, state data on sleep study costs.

Company profiles for: ResMed, Respironics, SleepMed, Sleep Holdings, MedBridge Healthcare, Novasom. Koala Centers, others. Data/surveys from the National Sleep Foundation, American Society of Sleep Medicine, Sleep Review, brokerage firms, CDC, Centers for Medicare Services, etc.