Strategic Analysis of Sleep Apnea Diagnostic and Sleep Services Market in Europe

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The market for sleep apnea diagnostics and sleep services in Europe is gaining momentum mainly due to the growing drive to improve public awareness about the ill effects of sleep disorders and their relation to other chronic health issues. Various organizations, including the World Sleep Foundation and the European Sleep Research Society, have contributed significantly to these awareness campaigns.

Similarly, individual countries have independent sleep research organizations that aim to create awareness and to increase the demand for research and development in order to improve technological advancement in treating sleep disorders.

The sleep apnea diagnostics and sleep services market in Europe recorded revenue worth $xxx.x million in 2010. xx.x percent of these revenue were generated by the sale of Clinical PSGs, and xx.x percent of the market revenue were contributed by Ambulatory PSGs. Screening Devices contributed to x.x percent of the market revenue in Europe in 2010.

The overall market for sleep apnea diagnostics and sleep services in Europe is estimated to grow at a CAGR of x.x percent between 2010 and 2017. The majority of this growth is expected to be driven by the growth of the ambulatory segment in which many service providers and device manufacturers are investing time and money to support the usage of ambulatory devices in order to reduce the huge waiting lists in all sleep centers that are dependent on clinical PSGs.