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Sleep Apnea Devices Market Forecast Report| Key Players: GE Healthcare, ResMed, Fisher & Paykel Healthcare, Becton Dickinson, Natus Medical Incorporated, Invacare Corporation, BMC Medical, Compumedics Limited - Official, Curative Medical Inc.

11-01-2018 02:57 PM CET | Health & Medicine

Press release from: Sleep apnea devices Market

Sleep Apnea Devices Market

Sleep Apnea Devices Market

Diagnostics devices segment of sleep apnea devices market accounted for largest revenue share in 2016 and expected to maintain its position over the forecast period. Increasing demand for early diagnosis and growing patient awareness levels is expected to improve usage rates of diagnostic devices over the forecast period. Therapeutic oral appliances market size will witness robust growth over the forecast timeframe. Thus, rising usage of oral appliances for patients, as it is highly-recommended for people suffering from mild to moderate obstructive sleep apnea and also for patients facing discomfort with CPAP therapy will increase demand for the product.

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Actigraphy systems should witness significant growth over the forecast timeframe. The growth is attributed due to increasing usage rates and cost-effective device. Furthermore, Actigraphy system monitors sleep and wake pattern or circadian rhythm of patients. Polysomnography (PSG) devices should contribute for lucrative growth due to development of advanced technology products.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. GE Healthcare
2. ResMed
3. Fisher & Paykel Healthcare
4. Becton Dickinson
5. Natus Medical Incorporated
6. Invacare Corporation
7. BMC Medical
8. Compumedics Limited - Official
9. Curative Medical Inc.

U.S. sleep apnea devices market accounted for largest regional share in 2016, due to high prevalence of sleep related diseases, advanced healthcare services, increased investment in R&D and presence of advanced technology products in the country. Moreover, presence of Medicare reimbursement policies for therapeutic devices such as CPAP (Continuous Positive Airway Pressure) device will boost sleep apnea devices market size over the forecast period.
Germany sleep apnea devices market should witness robust growth over the forecast period. Increasing prevalence of sleep disorders and early detection and diagnosis of diseases should drive industry growth. Rising awareness among patients and caregivers, growing number of cardiovascular diseases, presence of technologically advanced therapeutic and diagnostic devices will further upsurge sleep apnea devices market size.

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Rising advancement in technology for sleep apnea devices will ensure effective diagnosis and treatment which will enhance patient outcomes and upsurge demand for the product. Start-up companies are engaged in developing adjustable and automatic devices for patient comfort and also to gain revenue share.
Therapeutic devices accounted for significant revenue share in 2016. Increasing demand for highly effective therapeutic devices such as oral appliances, Adaptive Servo-Ventilation (ASV), oxygen devices and various other will drive industry growth over the forecast period.

Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.

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