Sleep Apnea Devices Market Expected to reach USD 14,119.5 million by 2024 A Report by top competitors like Koninklijke Philips, Natus Medical Incorporated, Nihon Kohden and Others
An explanation of marketplace definition, classifications, applications, commitments and market trends has been furnished in this marketplace record. It provides facts on all recent trends, product launches, joint ventures, mergers and acquisitions by using the diverse key players and brands that dominate the market. The employer profiles of these key players are blanketed on this document.
The CAGR ranges and revenue for the historical 12 months 2016, the bottom year 2017 and the forecast period for the Sleep Apnea Devices marketplace among 2018 and 2025 are supplied in the above cited file.
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Key Players in Sleep Apnea Device Market:
• Koninklijke Philips N.V. dominated the sleep apnea devices market in 2016
• Natus Medical Incorporated
• Nihon Kohden
• CareFusion Corporation
• Curative Medical
• Fisher and Paykel Healthcare Limited
• BMC Medical
• Compumedics Limited
• DeVilbiss Healthcare
• Global Medical Holdings
• Itamar Medical
• Weinmann Medical Technology
• Cleveland Medical Devices
• SOMNOmedics GmbH
• Deymed Diagnostic
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Key Drivers in Sleep Apnea Devices Market:
Some of the major factors driving the market for sleep apnea devices market are technological advancement, increasing prevalence of sleep apnea, rising geriatric population, and changing lifestyle, rising acceptance of home healthcare, increasing awareness of health, changing lifestyles, increasing aging population, rising prevalence of sleep disorder, improving diagnosis rates, introduction to new technologies which improves patient comfort, increasing healthcare spending, improving healthcare infrastructure, rising disposable income.
• Globally diagnostic device is driving the market with highest market share along with the highest CAGR.
• Fingertip Pulse Oximeter is dominating the Pulse Oximeters Market.
• Hospitals segment is dominating the global sleep apnea devices market in 2016 and this segment is expected to grow at the highest CAGR in the forecast period.
Global Sleep Apnea Devices Market Segmentation:
• The global sleep apnea device market is segmented on the basis of product type, end user and geography.
• On the basis of type, sleep apnea device market is categorized into: diagnostic devices and therapeutic devices. In 2017, diagnostic devices segment is expected to dominate the market with 60.3% market share.
• On the basis of product type, the diagnostic sleep apnea device market is segmented into polysomnography devices, respiratory polygraphs, pulse oximeters and actigraph systems. Polysomnograph segment is expected to dominate the market in future along with the highest growing CAGR of 10.3% in the forecast period. On the basis of product type, the therapeutic sleep apnea devices are segmented into positive airway pressure devices (PAP), continuous positive airway pressure devices (CPAP), automatically adjusting positive airway pressure devices (APAP), masks, adaptive servo ventilation, airway clearance system, oxygen concentrators, oral appliances and accessories.
• On the basis of end users, the global sleep apnea devices market is further segmented into hospitals, sleep clinics, community healthcare and home healthcare.In 2017, the hospitals segment dominates the global sleep apnea device market.
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