Global Actigraphs Market, By Product Type (Watch and Fitbit), By Indication (Sleep Apnea, Insomnia, Narcolepsy, Restless Leg Syndrome, Rapid Eye Movement Behaviour Disorder, Delayed Sleep Phase Syndrome and Sleepwalking), By Application (Sleep Medicine, Sleep Disorder, Circadian Rhythm Disorder and Daytime Activity Research), By Technology Type (USB, Wireless Technology, GPS and Others), By Distribution Channel (Retail Stores, Pharmacies, Online Retail Stores, Hospitals , Homecare Settings and Diagnostic Laboratories), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights of Actigraphs Market
Data Bridge Market Research analyses that the actigraphs market will exhibit a CAGR of around 5.35% for the forecast period of 2021-2028. Rising prevalence of sleep related disorders, increased focus on research and development proficiencies in regards to medical devices and on the adoption of advanced healthcare technologies, rise in technological advancement involved in the measurement of motions to monitor daily activity, sleep patterns and tracking physical motion and rising expenditure for the development of healthcare infrastructure especially in the developing economies are the major factors attributable to the growth of actigraphs market.
Actigraphs are the devices that play an important role in the management of sleep disorders. Actigraphs are the non-invasive devices that help in keeping a track of human rest/activity cycles. An actigraph is worn like a watch on the wrist and the measurement takes about a week to chalk down the results.
Upsurge in the alterations in sleeping patterns in this fast pacing world is one of the major factors fostering the growth of the market. Unhealthy lifestyle of a major chunk of population across the globe is another market growth determinant. Increasing number of patients are seeking diagnostic services to secure accurate treatment for sleep disorders, growing knowledge in regards to the availability of various devices that help in managing sleep and rising adoption of these devices in diagnostics and their inclusion in the treatment plan are other important factors that will further generate lucrative market growth opportunities.
However, lack of awareness in the developing and underdeveloped economies will derail the market growth rate. Also, high costs associated with research and development proficiencies will further pose challenges for the market. High initial and maintenance costs will also hamper the market growth rate.
This actigraphs market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on actigraphs market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Actigraphs Market Scope and Market Size
The actigraphs market is segmented on the basis of product type, indication, application, technology type and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on product type, the actigraphs market is segmented into watch and fitbit.
- Based on the indication, the actigraphs market is segmented into sleep apnea, insomnia, narcolepsy, restless leg syndrome, rapid eye movement behaviour disorder, delayed sleep phase syndrome and sleepwalking.
- Based on technology type, the actigraphs market is segmented into USB, wireless technology, GPS and others.
- The global actigraphs market is also segmented based on application into sleep medicine, sleep disorder, circadian rhythm disorder and daytime activity research.
- Based on distribution channel, the actigraphs market is segmented into retail stores, pharmacies, online retail stores, hospitals, homecare settings and diagnostic laboratories.
Actigraphs Market Country Level Analysis
The actigraphs market is analysed and market size insights and trends are provided by country, product type, indication, application, technology type and distribution channel as referenced above.
The countries covered in the actigraphs market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the actigraphs market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period. This is because of the increasing funding for research and development activities, rising geriatric population and increase in the demand for these devices owing to Covid-19 outbreak. Asia-Pacific on the other hand is projected to exhibit the highest growth rate during the forecast period owing to the increasing public spending on wellness and rising personal disposable income.
The country section of the actigraphs market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The actigraphs market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for actigraphs market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the actigraphs market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Actigraphs Market Share Analysis
The actigraphs market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to actigraphs market.
The major players covered in the actigraphs market report are Koninklijke Philips N.V., Amazfit India, Huawei Device Co., Ltd., Sleepace., Fitbit, Inc., Apple Inc., Sony Corporation, HTC Corporation, SAMSUNG, Xiaomi Global Community, ADIDAS AG, Nike, Inc., LG Electronics., Motorola Solutions, Inc., Fossil Group, Inc., Google LLC, Polar Electro, Withings, Michael Kors, CASIO AMERICA, INC., TomTom International BV and ASUSTeK Computer Inc., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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