Sleep Disorder Clinics
Between 50.0 and 70.0 million Americans have chronic sleep disorders, underpinning revenue growth for the Sleep Disorder Clinics industry. Sleep clinics have gained exposure due to the rising number of sleep disorders brought on by electronic stimuli in the form of laptops and smartphones. Research findings show that the light emitted from these gadgets limits the release of melatonin, a hormone that regulates sleep. As usage of the devices increases, so do sleep issues that require attention from industry clinics. Moreover, health insurance policies are increasingly covering all or at least part of the costs of tests, diagnoses and treatments provided by sleep disorder clinics. The industry is forecast to continue expanding over the five years to 2023. Rising private and public health insurance coverage, coupled with continuous research on the effects of sleep deprivation, will likely keep industry growth strong. While awareness grows, habits like using light-emitting electronics before bed are unlikely to subside, creating more sleep issues and demand for sleep clinic services.
Establishments in this industry are devoted to the diagnosis and care of outpatients with disorders that affect, disrupt or more generally involve sleep. Common sleep disorders include insomnia, sleep apnea, restless leg syndrome and sleepwalking. Industry clinics are often associated with hospitals or medical schools.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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