The major factors driving the growth of the sleep apnea devices market are primarily a large pool of undiagnosed sleep apnea patients, growing awareness about the ill effects of untreated sleep apnea, growing usage of oral appliances, technological advancements in sleep apnea devices, considerable venture capital funding, and an increasing number of companies venturing into sleep apnea and oral appliances markets.
The global sleep apnea devices market is expected to reach USD 7.5 billion by 2024 from USD 4.5 billion in 2019 at a CAGR of 10.7%.
The study involved four major activities in estimating the current market size for sleep apnea devices. Exhaustive secondary research was done to collect information on the market and its different sub-segments.
The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter market breakdown and data triangulation was used to estimate the market size of segments and sub-segments.
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The therapeutic devices segment accounted for the largest market share during the forecast period.
On the basis of type, the sleep apnea devices market has been segmented into therapeutic devices and diagnostic devices. The therapeutic devices segment accounted for the largest share of the market during the forecast period and is projected to register the highest CAGR during the forecast period. The key factors contributing to this growth are the increasing number of undiagnosed sleep apnea patients across the globe and the improving reimbursement scenario for these devices. Moreover, there is also an inclination towards adoption of oral appliances considering the high rate of non-compliance with PAP devices.
Key Questions Addressed by the Report:
# Which type segment will dominate the sleep apnea devices market in the future?
# Emerging countries have immense opportunities for the growth and adoption of sleep apnea devices, therefore will this scenario continue in the next five years?
# Where will all the advancements in technology offered by various companies take the industry in the mid to long term?
# What are the upcoming alternative therapies and devices related to the same in the sleep apnea devices market?
Home care settings/individuals projected to grow at the highest CAGR in the global sleep apnea devices market during the forecast period
On the basis of end user, the sleep apnea devices market has been segmented into sleep laboratories & hospitals and home care settings/individuals. The sleep laboratories & hospitals segment accounted for the largest share of the market in 2018, while home care settings/individuals end-user segment is projected to grow at the highest CAGR during the forecast period. This high growth is likely driven by factors such as the rising preference for home sleep testing by both patients and private insurance companies, along with the favorable reimbursement scenario for home sleep testing.
Recent Developments:
# In 2019, ResMed (US) launched AirFit N30i, its first top-of-head-connected nasal CPAP mask, across the US with a newly designed nasal cradle cushion that sits just under the wearer’s nose.
# In 2016, Koninklijke Philips (Netherlands) launched its Dream Family solution which comprises of a DreamWear mask, DreamStation PAP device, and DreamMapper patient engagement app.
North America is expected to dominate the sleep apnea devices market during the forecast period
On the basis of region, North America accounted for the largest share of the global sleep apnea devices market in 2018, whereas, the Asia Pacific region registered the highest CAGR during the forecast period. North American accounted for the largest share owing to factors like an increase in the number of patients diagnosed with sleep apnea in the region, growth in awareness initiatives being taken by various government and non-government organizations, availability of adequate funding for research and development, and substantial growth in the usage of oral appliances in the region.
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Major Leaders:
Major players operating in the sleep apnea devices market include ResMed (US), Koninklijke Philips (Netherlands), Fisher & Paykel Healthcare (New Zealand), SomnoMed (US), Oventus Medical (Australia), Compumedics (Australia), Löwenstein Medical (Germany), Drive DeVilbiss Healthcare (US), BMC Medical (China), Braebon Medical (Canada), and Panthera Dental (Canada).
The major players in the sleep apnea devices market include ResMed (US), Koninklijke Philips (Netherlands), and Fisher & Paykel Healthcare (New Zealand). Analysis of the market developments between 2016 and 2019 revealed that several growth strategies such as partnerships & agreements, expansions, service launches, and strategic acquisitions were adopted by the market players to strengthen their product portfolios and maintain a competitive position in the sleep apnea devices market.
Sleep Apnea Devices Industry is Expecting Major Revenue Growth by 2024
Sleep Apnea Devices Market is expected to display higher growth rate over the next seven years.
Rapid surge in the sleep apnea devices industry is credited to increasing life expectancy and ever-growing geriatric population.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/sleep-apnea-devices-market/request-sample The key driving factors responsible for the growth of Sleep Apnea Devices market : Elderly population is increasingly prone towards sleeping disorders because of comorbidities associated with apnea.
Globally, the sleep apnea devices industry is predicted to generate massive revenue over next seven years, providing numerous opportunities for market players to invest for research and development in the market.
Rise in the level of arousal frequency and variations in sleep architecture leads to OSA, which is further responsible for the reduction in the size of upper airway lumen.
Recent technological advancement in the healthcare sector catering to patient safety and comfort is predicted to amplify device usage rates, particularly in the developed economies across the globe.
The market is mainly driven by the increasing patient pool for sleep apnea on account of increasing obesity globally, improving patient compliance owing to stringent reimbursement regulations, increasing home sleep testing as well as initiatives to increase awareness globally.Based on product, the sleep apnea devices market has been categorized into diagnostic and therapeutic devices.
During the forecast period, the market demand for therapeutic devices is expected to witness faster growth.
Therapeutic devices are further categorized into positive airway pressure (PAP) devices, facial interfaces, oral appliances, adaptive servo-ventilators (ASVs), and others.
Among all the types of therapeutic devices, PAP devices are expected to exhibit the fastest growth in the sleep apnea therapeutic devices market during the forecast period.Request to Get the Sample Pages at: https://www.psmarketresearch.com/market-analysis/sleep-apnea-devices-market/report-sampleSleep laboratories and at-home are the end users in the sleep apnea devices market, where sleep laboratories held the larger share in the market, in 2017.
This is attributable to the availability of trained staff in these laboratories who can monitor sleeping patterns effectively.During the forecast period, the sleep apnea devices market is expected to witness the fastest growth in Asia-Pacific (APAC), owing to the increasing prevalence of sleep apnea disorders, the large undiagnosed pool in countries such as India, and initiatives by the government and other private organizations to raise awareness regarding sleep disorders.Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=sleep-apnea-devices-marketIn order to increase their market share, key players in the sleep apnea devices industry are developing new products to expand their product portfolio.
For instance, in May 2018, Fisher & Paykel Healthcare launched F SleepStyle, a CPAP device used in the treatment of obstructive sleep apnea (OSA).
Sleep Apnea Devices Market is a sleep disorder that happens when an individual is having trouble in sleeping.
It leads the brain and other sections of the flesh to receive less oxygen.
There are three types of apnea for sleep, central apnea for sleep, obstructive apnea for sleep and complicated apnea for sleep.Global sleep apnea devices market is registering a substantial CAGR of 8.44% in the forecast period of 2019-2026.
This rise in the market can be attributed large population of patients who have not been diagnosed with apnea and increasing consciousness of the untreated sleep apnea's negative side effects.
Get Sample Report at : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-sleep-apnea-devices-marketCompetitive Analysis: Global Sleep Apnea Devices MarketFew of the major competitors currently working in Global Sleep Apnea Devices Market are 3B Medical, Inc., Aeroflow, Inc., A.G Industries Pvt.
Ltd., APEX MEDICAL CORP., BMC Medical Co., Ltd., Circadiance.
The latest trending report Global Sleep Apnea Devices Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Sleep Apnea Devices market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 4.1% in the forecast period of 2020 to 2025 and will expected to reach USD 6368.1 million by 2025, from USD 5428.9 million in 2019.The Sleep Apnea Devices market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/35269-sleep-apnea-device-market-analysis-reportThe major players covered in Sleep Apnea Devices are: Philips BMC Medical Fisher & Paykel Healthcare Lowenstein Medical Somnomed ResMed Huanan Medical Watermark Medical Compumedics Curative Medical Contec Medical Whole You Drive Devilbiss HealthcareBy Type, Sleep Apnea Devices market has been segmented into Therapeutic Devices Diagnostic DevicesBy Application, Sleep Apnea Devices has been segmented into: Sleep Laboratories & Hospitals Home Care/IndividualsThe report offers in-depth assessment of the growth and other aspects of the Sleep Apnea Devices market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Sleep Apnea Devices Market @ https://www.decisiondatabases.com/contact/download-sample-35269The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Sleep Apnea Devices product scope, , market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Sleep Apnea Devices, with price, sales, revenue and global market share of Sleep Apnea Devices in 2018 and 2019.Chapter 3, the Sleep Apnea Devices competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Sleep Apnea Devices breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Sleep Apnea Devices market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Sleep Apnea Devices sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Sleep Apnea Devices Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-35269Other Reports by DecisionDatabases.com:Global Sleep Apnea Therapeutic Devices Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024Global Sleep Aids Market 2019 by Company, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
The global sleep apnea devices market size is anticipated to reach USD 10.23 billion by 2026 growing at a CAGR of 7.9% from 2018 to 2026 according to a new report published by Polaris Market Research.
The report ‘Sleep Apnea Devices Market Share, Size, Trends & Industry Analysis Report, By Diagnostic Devices (PSG, Respiratory polygraphs, Pulse Oximeters, Actigraphy Devices); By Therapeutic Devices (PAP, Oxygen Devices, Oral Appliances); By End User; By Region: Segment Forecast, 2018 – 2026’ provides insights on the current market scenario and the future prospects.
Sleep apnea is an ailment which befalls when the brain as well as body obtain inadequate amount of oxygen where breathing process is interfered while sleeping.
Obstructive Sleep Apnea (OSA) is the most common type of sleep apnea which is majorly triggered by airway blockage.
Moreover, technological advancements augmenting comfort and safety is expected to enhance the usage of device rates especially in developed economies such as North America, which in turn is estimated to drive the market growth.
In addition, obstructive sleep apnea and is a chronic disease that unfavorably affects health.
The latest trending report Global Sleep Apnea Devices Market 2020 by Manufacturers, Regions, Type and Application, Forecast to 2025 offered by DecisionDatabases.com is an informative study covering the market with detailed analysis.
The report will assist reader with better understanding and decision making.The global Sleep Apnea Devices market size is expected to gain market growth in the forecast period of 2020 to 2025, with a CAGR of 4.1% in the forecast period of 2020 to 2025 and will expected to reach USD 6368.1 million by 2025, from USD 5428.9 million in 2019.The Sleep Apnea Devices market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations.Browse the complete report and table of contents @ https://www.decisiondatabases.com/ip/35269-sleep-apnea-device-market-analysis-reportThe major players covered in Sleep Apnea Devices are: Philips BMC Medical Fisher & Paykel Healthcare Lowenstein Medical Somnomed ResMed Huanan Medical Watermark Medical Compumedics Curative Medical Contec Medical Whole You Drive Devilbiss HealthcareBy Type, Sleep Apnea Devices market has been segmented into Therapeutic Devices Diagnostic DevicesBy Application, Sleep Apnea Devices has been segmented into: Sleep Laboratories & Hospitals Home Care/IndividualsThe report offers in-depth assessment of the growth and other aspects of the Sleep Apnea Devices market in important countries (regions), including: North America (United States, Canada and Mexico) Europe (Germany, France, UK, Russia and Italy) Asia-Pacific (China, Japan, Korea, India and Southeast Asia) South America (Brazil, Argentina, etc.
) Middle East & Africa (Saudi Arabia, Egypt, Nigeria and South Africa)Download Free Sample Report of Global Sleep Apnea Devices Market @ https://www.decisiondatabases.com/contact/download-sample-35269The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Sleep Apnea Devices product scope, , market opportunities, market driving force and market risks.Chapter 2, to profile the top manufacturers of Sleep Apnea Devices, with price, sales, revenue and global market share of Sleep Apnea Devices in 2018 and 2019.Chapter 3, the Sleep Apnea Devices competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.Chapter 4, the Sleep Apnea Devices breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.Chapter 12, Sleep Apnea Devices market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025.Chapter 13, 14 and 15, to describe Sleep Apnea Devices sales channel, distributors, customers, research findings and conclusion, appendix and data source.Purchase the complete Global Sleep Apnea Devices Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-35269Other Reports by DecisionDatabases.com:Global Sleep Apnea Therapeutic Devices Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024Global Sleep Aids Market 2019 by Company, Regions, Type and Application, Forecast to 2024About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
We provide intellectual, precise and meaningful data at a lightning speed.For more details:DecisionDatabases.comE-Mail: [email protected]: +91 9028057900Web: https://www.decisiondatabases.com/
Sleep Apnea Devices Market is expected to display higher growth rate over the next seven years.
Rapid surge in the sleep apnea devices industry is credited to increasing life expectancy and ever-growing geriatric population.
Request a Sample PDF Copy of This Report @ https://www.millioninsights.com/industry-reports/sleep-apnea-devices-market/request-sample The key driving factors responsible for the growth of Sleep Apnea Devices market : Elderly population is increasingly prone towards sleeping disorders because of comorbidities associated with apnea.
Globally, the sleep apnea devices industry is predicted to generate massive revenue over next seven years, providing numerous opportunities for market players to invest for research and development in the market.
Rise in the level of arousal frequency and variations in sleep architecture leads to OSA, which is further responsible for the reduction in the size of upper airway lumen.
Recent technological advancement in the healthcare sector catering to patient safety and comfort is predicted to amplify device usage rates, particularly in the developed economies across the globe.
The market is mainly driven by the increasing patient pool for sleep apnea on account of increasing obesity globally, improving patient compliance owing to stringent reimbursement regulations, increasing home sleep testing as well as initiatives to increase awareness globally.Based on product, the sleep apnea devices market has been categorized into diagnostic and therapeutic devices.
During the forecast period, the market demand for therapeutic devices is expected to witness faster growth.
Therapeutic devices are further categorized into positive airway pressure (PAP) devices, facial interfaces, oral appliances, adaptive servo-ventilators (ASVs), and others.
Among all the types of therapeutic devices, PAP devices are expected to exhibit the fastest growth in the sleep apnea therapeutic devices market during the forecast period.Request to Get the Sample Pages at: https://www.psmarketresearch.com/market-analysis/sleep-apnea-devices-market/report-sampleSleep laboratories and at-home are the end users in the sleep apnea devices market, where sleep laboratories held the larger share in the market, in 2017.
This is attributable to the availability of trained staff in these laboratories who can monitor sleeping patterns effectively.During the forecast period, the sleep apnea devices market is expected to witness the fastest growth in Asia-Pacific (APAC), owing to the increasing prevalence of sleep apnea disorders, the large undiagnosed pool in countries such as India, and initiatives by the government and other private organizations to raise awareness regarding sleep disorders.Make Enquiry Before Buying the Report: https://www.psmarketresearch.com/send-enquiry?enquiry-url=sleep-apnea-devices-marketIn order to increase their market share, key players in the sleep apnea devices industry are developing new products to expand their product portfolio.
For instance, in May 2018, Fisher & Paykel Healthcare launched F SleepStyle, a CPAP device used in the treatment of obstructive sleep apnea (OSA).
The global sleep apnea devices market size is anticipated to reach USD 10.23 billion by 2026 growing at a CAGR of 7.9% from 2018 to 2026 according to a new report published by Polaris Market Research.
The report ‘Sleep Apnea Devices Market Share, Size, Trends & Industry Analysis Report, By Diagnostic Devices (PSG, Respiratory polygraphs, Pulse Oximeters, Actigraphy Devices); By Therapeutic Devices (PAP, Oxygen Devices, Oral Appliances); By End User; By Region: Segment Forecast, 2018 – 2026’ provides insights on the current market scenario and the future prospects.
Sleep apnea is an ailment which befalls when the brain as well as body obtain inadequate amount of oxygen where breathing process is interfered while sleeping.
Obstructive Sleep Apnea (OSA) is the most common type of sleep apnea which is majorly triggered by airway blockage.
Moreover, technological advancements augmenting comfort and safety is expected to enhance the usage of device rates especially in developed economies such as North America, which in turn is estimated to drive the market growth.
In addition, obstructive sleep apnea and is a chronic disease that unfavorably affects health.
Sleep Apnea Devices Market is a sleep disorder that happens when an individual is having trouble in sleeping.
It leads the brain and other sections of the flesh to receive less oxygen.
There are three types of apnea for sleep, central apnea for sleep, obstructive apnea for sleep and complicated apnea for sleep.Global sleep apnea devices market is registering a substantial CAGR of 8.44% in the forecast period of 2019-2026.
This rise in the market can be attributed large population of patients who have not been diagnosed with apnea and increasing consciousness of the untreated sleep apnea's negative side effects.
Get Sample Report at : https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-sleep-apnea-devices-marketCompetitive Analysis: Global Sleep Apnea Devices MarketFew of the major competitors currently working in Global Sleep Apnea Devices Market are 3B Medical, Inc., Aeroflow, Inc., A.G Industries Pvt.
Ltd., APEX MEDICAL CORP., BMC Medical Co., Ltd., Circadiance.