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 Investment Chapter
The Sleep Disorders Clinics industry has a low level of capital intensity. IBISWorld estimates that for every dollar spent on wages, industry operators will spend $0.07 in capital investment. Capital investment is mainly in medical equipment and technology. Over the past five years, capital investment has remained steady; in 2009, for every dollar spent on wages, industry operators also spent about $0.07 in capital investment. Capital requirements have remained low because they are relatively minor compared to labor needs.
Perceived quality is important in the healthcare sector and particularly significant within the industry, since sleep disorder services are viewed as less essential than certain other healthcare services... purchase to read more