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Home Sleep Screening Devices Market is Expected to Expand at an 8.4% CAGR Over 2018 to 2028 – Future Market Insights

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According to the latest research by Future Market Insights (FMI), global sales of home sleep screening devices exceeded the revenues worth US$ 2.3 billion in 2018. Toward 2019, FMI expects the revenue to observe robust increase by around 7%. According to the report, a majority of revenue through sales of home sleep devices will be generated by retail stores, the most preferred distribution channel for home sleep screening devices manufacturers, followed by the online sales segment.

In terms of revenue, the wearable sleep screening devices account for the revenue share of over 65% in the overall home sleep screening devices market. However, the increasing affordability and adoption of non-wearable devices for continuous sleep tracking without physical contact with the device is estimated to fuel the growth of the non-wearable home sleep screening devices segment in the near future.

Despite the fact that the rates of insurance reimbursement for home sleep studies are low, the convenience and portability offered by these devices compensate for the lack of reimbursement. A growing trend of using wearables as lifestyle devices is facilitating the demand for home sleep screening devices, and this is among the factors boosting the revenue generation of the home sleep screening devices market.

Request a Sample Report with Table of Contents and Figureshttps://www.futuremarketinsights.com/reports/sample/rep-gb-8715

Prevalence of Sleep Related Disorders & Rising Number of Manufacturing Players Accelerating Market Reach of Home Sleep Screening Devices 

The growing demand for sleep studies with home sleep screening devices can be attributed to the growing prescription numbers for home sleep tracking. Sleep disorders are affecting a large pool of population, which has boosted the awareness about these disorders and other related ailments. Increase in the prevalence of sleep disorders has led to an expansion of private care centres and hospitals. These sleep centres have increased awareness among people about the importance of tracking sleep patterns for better sleep. This is driving the usage of home sleep screening devices for sleep disorder cases, and subsequently increasing the revenue generation of the home sleep screening devices market.

Increasing number of manufacturers in the home sleep screening devices landscape and growing awareness among patients about sleep-related disorders will fuel the demand for home sleep screening devices across the globe. There has been a consistent increase in the number of local manufacturers of sleep tracker systems, as well as the availability of different types of trackers such as wristbands, headbands, tracker masks, and ring devices. This enables customers to choose from a range of products depending on the data they want to analyze and the type of wearable preferred by them, based on which they can opt for a product based on their affordability as well as medical feasibility. This is majorly contributing to the growth of the home sleep screening devices market.

Preview analysis of Home Sleep Screening Devices Market is segmented by (Product Type – sleep monitors, wearables, non-wearables & smart sleep equipment; Application – insomnia, sleep apnea, narcolepsy, sleep deprivation, circadian rhythm disorders & others; Distribution Channel – pharmacy, retail stores, online sales, hypermarkets and supermarkets & others;) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 – 2028: https://www.futuremarketinsights.com/reports/home-sleep-screening-devices-market

Advancing Sleep Tracking Technology to Uplift Sales Potential of Sleep Screening Devices

The technology utilised in home sleep screening devices is based on the mapping of the REM sleep, heal rate, respiration patterns, and deep sleep. However, new home sleep screening devices are incorporating the same technology as the one used in Actigraphy and polysomnography devices. The growing trend of utilising a sleep tracker as a lifestyle accessory is estimated to promote the growth of the home sleep screening devices market.

Technological advancements in smart home sleep screening devices have led to the creation of hybrid devices that not only track activity, but also track sleeping patterns. These smart home sleep screening devices are capable of tracking fitness aspects such as the distance walked, calories consumed, heart rate monitoring, and can also track sleep patterns such as deep & light sleep and REM.

Research Reports

Vision Screeners Market CAGR Projected to Grow at 6% Through 2029

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Vision Screeners Market CAGR Projected to Grow at 6% Through 2029 1

Global vision screener sales are likely to near US$ 500 Mn by the end of 2019. According to a new research intelligence study presented by Future Market Insights (FMI), the market for vision screeners will continue to witness an average 5.5% Y-o-Y growth in the revenues in 2019 and ahead. As reported by the study, more than a third of overall sales of vision screeners is targeted to a variety of vision screening tests, followed by color vision tests.

While portable or handheld vision screening devices have been sought after over the years, it is more likely that the vision screening software will experience rapid gains in coming years, as a result of brisk technological penetration. Moreover, as key manufacturers are investing considerable efforts in technological innovations of vision screeners, table-top variants are also likely to see healthy sales growth in the near future. Currently, more than 50% of the total sales are accounted by portable or handheld devices that are used during vision screening procedures, as per the report.

Download the Sample copy of Report with Table of Contents and Figureshttps://www.futuremarketinsights.com/reports/sample/rep-gb-5032

The rising prevalence of vision problems, advancements in technology, increasing healthcare spending, and the growing prevalence of diabetes constitute some of the key factors responsible for driving the global vision screeners market revenues. In addition to some of the most commonplace vision disorders, newly establishing problems such as digital eye strain (more popularly, computer vision syndrome) are strongly necessitating the demand for efficient vision screening tests, particularly among the younger population. This, according to FMI’s analysis, will drive sales of vision screeners in the forthcoming years.

Inadequate Effectiveness of Vision Screening Tests Prevails in Developing Asian Markets

Accounting for a collective value share of over 60%, North America and Europe will continue to lead the pack in global vision screeners market. In addition to early adoption of advanced technologies and high awareness about vision problems and the significance of vision screening, the growth of market in these regions has been prominently attributed to the rapid consolidation of healthcare facilities within these regions.

Preview analysis of Vision Screeners Market is segmented by (Product Type – Table-Top Vision Screeners, Portable/Handheld Vision Screeners & Vision Screening Software; Technology – Digital Vision Screeners & Computer-Based Vision Screeners; Application – Vision Screening Tests, Color Vision Test, Binocular Testing & Others; End User – Hospital Outpatient, Physician Practice (Primary Care Physicians), Specialty Clinics, Ambulatory Surgical Centers & Educational Institutes/Schools;) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 – 2029: https://www.futuremarketinsights.com/reports/vision-screeners-market

On the other hand, dearth of skilled and trained professionals in the field of vision screening will remain the prime factor restraining vision screeners adoption across developing Asian countries. Relatively lesser competency to professionally and accurately assess vision screening results continues to pose significant barriers in the growth path of market within Asia Pacific (APAC).

According to the report, a sizeable number of vision screening tests cannot be performed on children who have reading problems such as hyperopia or astigmatism. As a result, the ineffectiveness of vision screeners continues to negatively influence the number of parents opting for pediatric vision screening tests, which is further a significant factor deterring the revenues of vision screeners market in APAC.

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Pediatric Vision Screening Emerging as a Prime Focus Area for Innovations

Some of the key players competing in the global vision screeners market landscape include Hill-Rom Holdings, Inc. (Welch Allyn), Essilor International S.A. (Stereo Optical Company Inc.), Adaptica S.r.l., OCULUS Surgical, Inc., Plusoptix Inc., Honeywell International Inc., FIM Medical SAS, SHANGHAI TOP VIEW INDUSTRIAL CO., LTD., Thomson Screening Solutions Ltd., and Keystone View. While a majority of these companies are concentrating in technological upgrades of the current offerings, augmented investments targeting FDA approvals will be an important strategy.

Moreover, multiple longstanding challenges prevailing in children’s vision screening are highly likely to push the scope for innovations, which would help overcome the challenges and extend the efficiency of vision screening – specifically for children. The FMI study reveals how the companies that are manufacturing, supplying, and distributing vision screeners are strategizing on the growing traction in the pediatric patients segment.

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Research Reports

Fifth Wheel Coupling Market – Global Industry Analysis, Trends, Production, Revenue, Gross Margin Analysis and Forecast 2021-2028|Key Top Players- SAF Holland, JOST Werke AG, Guangdong Fuwa Engineering Group Co., Ltd., Sohshin Co. Ltd.

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Fifth Wheel Coupling Market – Global Industry Analysis, Trends, Production, Revenue, Gross Margin Analysis and Forecast 2021-2028|Key Top Players- SAF Holland, JOST Werke AG, Guangdong Fuwa Engineering Group Co., Ltd., Sohshin Co. Ltd. 2

 

Future Market Insights has adopted multi-disciplinary approach to shed light on the evolution of the Fifth Wheel Coupling Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2017, and key prospects over the forecast period 2018 to 2028.

Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Future Market Insights to arrive at various estimations and projections of the Fifth Wheel Coupling Market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Fifth Wheel Coupling Market.

For more insights into the Market, Request a Sample of this [email protected] https://www.futuremarketinsights.com/reports/sample/rep-gb-6035

Impact of COVID-19 on Industry

The automotive market growth is anticipated to be hampered owing to the unprecedented COVID-19 pandemic. The market growth declined drastically when the manufacturing units experienced shutdowns for months and a deficiency in raw materials supply and shortage of human resources Owing to the ongoing crisis caused by the COVID-19 pandemic, the production, and supply chain activities have seen a minor slump. However, the market is likely to face a swift turnaround as the economy starts to stabilize.

Key Players

Some of the prominent players identified in the global Fifth Wheel Coupling market are as mentioned below:

  • SAF Holland
  • JOST Werke AG
  • Guangdong Fuwa Engineering Group Co., Ltd.
  • Sohshin Co. Ltd.
  • Zhenjiang Baohua Semi-Trailer Parts Co. Ltd
  • Fontaine Fifth Wheel
  • Tulga Fifth Wheel Co.
  • RSB Group
  • Hunger Hydraulics Group
  • ACCL (PL Haulwel Trailers )
  • TITGEMEYER Group
  • FOSHAN YONGLITAI AXLE CO.,LTD.
  • Xiamen Wondee Autoparts Co., Ltd.
  • Shandong Fuhua Axle Co., Ltd.
  • Land Transport Equipment Co.,Ltd

Market Taxonomy

By Product Type

  • Compensating
  • Semioscillating
  • Fully Oscillating

By Operation

  • Hydraulic
  • Pneumatic
  • Mechanical

By Capacity

  • Below 20 Tons
  • Between 20 – 30 Tons
  • Between 30 – 45 Tons
  • Above 45 Tons

By Material Type

  • Cast Steel
  • Cast Iron
  • Fabricated Steel
  • Aluminum
  • Others (Pressed Steel, Stamped steel, etc.)

By Sales Channel

  • OEM
  • Aftermarket

By Region

  • North America
  • Latin America
  • Western
  • Europe
  • Eastern Europe
  • China
  • SEA and Other APAC
  • Japan
  • MEA

For Information On The Research Approach Used In The Report, Request [email protected] https://www.futuremarketinsights.com/askus/rep-gb-6035

Queries Solved

  • What are the size of the overall Fifth Wheel Coupling Market in the Automotive market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Fifth Wheel Coupling Market in the Automotive market, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Fifth Wheel Coupling Market in the Automotive market?
  • What is the Fifth Wheel Coupling Market in Automotive market size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Fifth Wheel Coupling Market in the Automotive market?
  • What are the recent trends in Fifth Wheel Coupling Market in the Automotive market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Fifth Wheel Coupling Market in Automotive market growth?
  • What are the key market trends impacting the growth of the Fifth Wheel Coupling Market in the Automotive market?

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Research Reports

Automotive Sensors Market Report Analysis 2021 – 2028 | Global Industry Growth, COVID-19 Business Impact Analysis, Research Report, Trends with Top Key Players

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Automotive Sensors Market Report Analysis 2021 – 2028 | Global Industry Growth, COVID-19 Business Impact Analysis, Research Report, Trends with Top Key Players 3

Future Market Insights has adopted multi-disciplinary approach to shed light on the evolution of the Automotive Sensors Market during the historical period. The study presents a deep-dive assessment of the current growth dynamics, major avenues in the estimation year of 2018, and key prospects over the forecast period 2019 to 2028.

Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Future Market Insights to arrive at various estimations and projections of the Automotive Sensors Market, both at global and regional levels. The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Automotive Sensors Market.

For more insights into the Market, Request a Sample of this [email protected] https://www.futuremarketinsights.com/reports/sample/rep-gb-6612

Impact of COVID-19 on Industry

The automotive market growth is anticipated to be hampered owing to the unprecedented COVID-19 pandemic. The market growth declined drastically when the manufacturing units experienced shutdowns for months and a deficiency in raw materials supply and shortage of human resources Owing to the ongoing crisis caused by the COVID-19 pandemic, the production, and supply chain activities have seen a minor slump. However, the market is likely to face a swift turnaround as the economy starts to stabilize.

Key Players

Some of the prominent players identified in the global Automotive Sensors market are Continental AG, Robert Bosch GmbH, Denso Corporation, and TE Connectivity.

Automotive Sensors Market: Segmentation

The global automotive sensors market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.

Sensor Type

  • Position Sensors
    • Clutch Position Sensors
    • Gear Position Sensors
    • Throttle Position Sensors
    • Crankshaft Position Sensors
    • Steering Angle Position Sensors
    • Camshaft Position Sensors
  • Safety Sensors
    • Seat Belt Sensors
    • Brake Switch Sensors
    • Door Switch Sensors
    • ADAS Sensors
      • Blind Spot Detection
      • Night Vision Sensors
      • Light Sensors
      • Parking Sensors
      • Cruise Control
    • Impact Sensors
    • Anti-theft Sensors
    • Knock Detection Sensors
  • Level Sensors
    • Fuel Level Sensors
    • Coolant Level Sensors
    • Oil Level Sensors
  • Oxygen Sensors
  • Pressure Sensors
    • Tire Pressure Sensors
    • EGR Pressure Sensors
    • Airflow Rate Sensors
  • Temperature Sensors
    • Engine Coolant Temperature Sensors
    • Rain/humidity Sensors
    • Oil/Fuel Temperature Sensors
    • Battery Temperature Sensors
    • Air Temperature Sensors
  • Speed Sensors
    • Wheel Speed Sensors
    • Speedometer

Vehicle Type

  • Passenger Cars
    • Compact
    • Midsize
    • Luxury
    • SUVs
  • LCVs
  • HCVs

Sales Channel

  • OEMs
  • OES
  • IAM

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • South East Asia & Pacific
  • Middle East & Africa
  • Japan
  • China
  • India

For Information On The Research Approach Used In The Report, Request [email protected] https://www.futuremarketinsights.com/askus/rep-gb-6612

Queries Solved

  • What are the size of the overall Automotive Sensors Market in the Automotive market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Automotive Sensors Market in the Automotive market, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Automotive Sensors Market in the Automotive market?
  • What is the Automotive Sensors Market in Automotive market size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Automotive Sensors Market in the Automotive market?
  • What are the recent trends in Automotive Sensors Market in the Automotive market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Automotive Sensors Market in Automotive market growth?
  • What are the key market trends impacting the growth of the Automotive Sensors Market in the Automotive market?

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