Industry Analysis & Industry Trends
The industry's growth will rely on increasing research of sleep disorders and ongoing instances of sleep deprivation and insomnia. Individuals will continue to use their computers and mobile phones before bedtime, hindering sleep patterns and aiding demand for clinics. Additionally, private insurance will cover more industry services, supporting revenue growth for sleep disorder clinics.... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry into the Sleep Disorder Clinics industry are moderate. Market concentration among the top four players is low, meaning that no single provider accounts for a substantial share of revenue. New entrants can establish operations fairly easily in this type of environment. The industry is in its growth life cycle stage, meaning that the market's acceptance of its services is increasing. This factor helps create opportunities for potential entrants.
Additionally, capital investment requirements are low. Industry operators do not need to spend a large amount of money on technology to compete within the industry. Nevertheless, a talented pool of employees is necessary for sleep clinics to operate successfully... purchase to read more