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Sleep Disorder Clinics in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Sleep Disorder Clinics Market Research Report | Life Sciences | Health Practitioners | Aug 2014

Rest easy: Growing awareness and coverage of disorders will support demand for clinics

IBISWorld’s Sleep Disorder Clinics market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 09-14
9.8%
Annual Growth 14-19
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Profit
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Employment
61,380
Businesses
1,630
Industry Analysis & Industry Trends

In the past five years, revenue has grown rapidly. Sleep clinics have gained exposure during the period 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 melatonin release, a hormone that regulates sleep. As usage of 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 and, as more patients have been able to gain greater access to specialized sleep clinics, industry revenue grows.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Sleep Disorder Clinics industry is growing quickly. During the 10 years to 2019, IBISWorld forecasts that the industry's value added, which measures the value that the industry adds to the overall economy, will grow at an average annual rate of 10.8%. This rate is significantly faster than the growth rate of GDP over the same period, which is projected at 2.5% per year on average, indicating a growth life cycle stage for the industry.

The number of sleep clinics is also on the rise. Over the five years to 2014, the number of locations is expected to increase at an average annual rate of 6.2% to 3,456. The trend is anticipated to continue into the next five years, with the number of establishments growing an average 6.2% per year to 4,677 by 2019... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Sleep Disorder Clinics Industry?

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.

Industry Products
Physician consultationsDiagnostic in-lab and in-home sleep testingContinuous positive airway pressure (CPAP) therapy Sleep research
 
Industry Activities
Providing physician consultationsProviding diagnostic in-lab and home sleep testingProviding continuous positive airway pressure (CPAP) therapy Performing sleep research


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