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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 offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Key Buyers Chapter

Market share concentration within the Sleep Disorder Clinics industry is low; combined, the top four players account for less than 4.0% of revenue. Most sleep disorder clinics cater to their local geographical market, much in the same way that hospitals, specialty doctors and primary care physicians do. Additionally, most industry participants have no more than a handful of locations, limiting their presence in the industry.

IBISWorld expects concentration to increase over the next five years. Larger players that are able to expand their facilities, take on more patients and open additional locations will likely grow their operations faster than their competitors... 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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