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2018 Industry Insights on Sleep Apnea Devices Market with GE Healthcare, ResMed, Fisher & Paykel Healthcare, Becton Dickinson, Natus Medical Incorporated

12-11-2018 02:06 PM CET | Health & Medicine

Press release from: Global Market Insights

Sleep Apnea Devices Market

Sleep Apnea Devices Market

Advancements in technology for sleep apnea devices led to the development of various conventional therapies for treatment of sleep apnea. Furthermore, several companies are engaged in developing advanced devices which increases demand for such devices. Large untapped opportunities in emerging nations will boost industry growth over the forecast timeframe. Rising awareness regarding sleep apnea diseases among people and favourable reimbursement scenario will improve adoption rate of devices.

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In the recent times, sleep apnea devices market has been witnessing commendable growth owing to the drastic changes in lifestyle across the globe. Add to it, the growing prevalence of obesity among the general populace has resulted in increasing incidence rate of obstructive sleep apnea. It would be prudent to mention that untreated sleep apnea is known to alleviate the occurrence of stroke, various heart diseases, and diabetes. Apparently, numerous sleep apnea devices industry players have been deploying extensive resources in an effort to develop technologically advanced devices to significantly lower the ill-effects of this disorder.

Speaking of the regional growth potential of sleep apnea devices industry, U.S. apportioned the largest revenue share in 2016, as per reliable estimates. Owing to the presence of high-grade technology products, increased investment in research and development, advanced healthcare services, and high prevalence of sleep related ailments in the nation, the requirement for novel sleep apnea devices is on the rise.

According to National Sleep Foundation, approximately 18 million American adults are struggling to cope with sleep apnea and the number of children suffering with obstructive sleep apnea has been on the rise. As a consequence, there have been numerous government initiatives that focus on promoting the benefits of utilizing advanced devices to contain the growing menace of sleep apnea. The implementation of these programs would spur the growth prospects of U.S. sleep apnea devices market.

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.

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Regarded as one of the most promising niche verticals of health and medical devices industry, sleep apnea devices market is set to witness a plethora of unique innovations in the years to come. On account of the continuous research and development programs being undertaken by foremost firms such as Fisher & Paykel Healthcare, Invacare, Cadwell Laboratories, Philips, Carefusion, Braebon Medical, ResMed, Compumedics, and GE Healthcare, the overall sleep apnea devices industry is anticipated to make remarkable headway over the estimated time frame.

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.

Browse Full Report Details @ https://www.gminsights.com/industry-analysis/sleep-apnea-devices-market-report

Sleep Apnea Devices Market by Product
o Therapeutic devices
• Adaptive Servo-Ventilation Systems
• Airway Clearance Systems
• Oral appliances
• Oxygen devices
• Positive Airway Pressure (PAP) devices

o Diagnostic devices
• Actigraphy systems
• Polysomnography (PSG) devices
• Respiratory polygraphs
• Single-channel screening devices (Pulse oximeters)

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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