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 - Industry SWOT Analysis Chapter
The Sleep Disorder Clinics industry is growing quickly. During the 10 years to 2018, IBISWorld forecasts that the industry's value added (a measure of its contribution to the US economy) will grow at an average annual rate of 9.7%. This rate is significantly faster than the growth rate of GDP over the same period (which is projected at 2.1% 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 2013, the number of locations is expected to increase at an average rate of 5.0% per year to 4,006. The trend is anticipated to continue into the next five years, with the number of establishments growing an average 4.7% per year to 5,030 by 2018... purchase to read more