Rest easy: Rising access to health insurance will support demand for sleep disorder clinics

About 40.0 million Americans have chronic sleep disorders, according to the American Sleep Association, which underpins revenue growth within the Sleep Disorder Clinics industry. Sleep clinics have gained exposure due to the rising number of sleep disorders brought on by electronic stimuli in the form of laptops and smartphones. Moreover, health insurance policies are increasingly covering all or at least part of the costs of tests, diagnoses and treatments provided by sleep disorder clinics. The industry is forecast to continue expanding over the five years to 2022. Rising private and public health insurance coverage, coupled with continuous research on the effects of sleep deprivation, will likely keep industry growth strong...purchase to read more.

Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 12-17
3.6%
Forecast Growth 17-22
Profit
Employment
56,100
Businesses
2,997
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • As broadband connections grow, more people will experience sleep troubles
  • The industry is a mixed bag of nonprofit and for-profit establishments
  • Increased awareness of problems caused by poor sleep patterns will spur demand
  • 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 10.0% 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. Thi...purchase to read more.

    Additional Insights for the Sleep Disorder Clinics Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Sleep Disorder Clinics Industry are

  • Access to highly skilled workforce
  • Accreditation from authoritative source
  • Use of specialist equipment or facilities
  • IBISWorld analysts also discuss how external factors such as Federal funding for Medicare and Medicaid and Number of people with private health insurance in the Sleep Disorder Clinics industry impact industry performance..

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    What's in this report

    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 consultations
  • Diagnostic in-lab and in-home sleep testing
  • Continuous positive airway pressure (CPAP) therapy
  • Sleep research
  • Industry Activities
  • Providing physician consultations
  • Providing diagnostic in-lab and home sleep testing
  • Providing continuous positive airway pressure (CPAP) therapy
  • Performing sleep research
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Federal funding for Medicare and Medicaid
  • Number of people with private health insurance
  • Per capita disposable income
  • Number of broadband connections
  • External competition

  • Current Performance
  • A rise in demand and coverage
  • Size and profitability
  • Other trends
  • Chart: Revenue Growth

  • Industry Outlook
  • The internet’s prevalence
  • Industry structure
  • Competition
  • Table: Sleep Disorder Clinics Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Sleep Disorder Clinics Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Primary Care Doctors
  • Specialist Doctors
  • Psychiatric Hospitals
  • Consumers

  • Key Selling Industries
  • Brand Name Pharmaceutical Manufacturing
  • Generic Pharmaceutical Manufacturing
  • Medical Instrument & Supply Manufacturing
  • Office Stationery Wholesaling
  • Primary Care Doctors
  • Specialist Doctors
  • Third-Party Administrators & Insurance Claims Adjusters

  • Products & Services
  • Physician consultations
  • Diagnostic in-lab and in-home sleep testing
  • Continuous positive airway pressure (CPAP) therapy
  • Sleep research
  • Chart: Sleep Disorder Clinics Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Government (Medicare and Medicaid)
  • Patients (out-of-pocket)
  • Private insurance providers
  • Chart: Major Market Segmentation for the Sleep Disorder Clinics Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesPurchasesRent and utilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Sleep Disorder Clinics

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Sleep Disorder Clinics Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Sleep Disorder Clinics Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Sleep Disorder Clinics Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Number of people with private health insurance (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Continuous Positive Airway Pressure (Cpap)
  • Machine that helps a person with sleep apnea breathe more easily by increasing air pressure in the throat.
  • Insomnia
  • Sleep disorder that causes trouble falling asleep or staying asleep.
  • Narcolepsy
  • Sleep disorder that causes excessive sleepiness.
  • Obstructive Sleep Apnea (Osa)
  • The most common type of sleep apnea and is caused by obstruction of the upper airway.
  • Outpatient
  • A patient who receives treatment at a hospital or clinic but is not admitted overnight; a receiver of ambulatory care.
  • Polysomnography
  • Sleep study performed to diagnose sleep disorders.
  • Sleep Apnea
  • Sleep disorder caused by abnormal pauses in breathing or abnormally low breathing.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Sleep Disorder Clinics Industry Research Report offers insight into the market at the national level. Our analysis highlights macro trends in the overall sector and the micro trends faced by companies that do business in the Sleep Disorder Clinics industry. Our five-year outlook forecasts explain how the market is set to change and the product segments that will drive growth.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Sleep Disorder Clinics:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Sleep Disorder Clinics market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Sleep Disorder Clinics, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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