Sleep Apnea Market is expected to witness a CAGR of 7.5% during the forecast period| Key Players - CADWELL LABORATORIES INC., SLEEPSCORE, INVACARE CORPORATION, NATUS MEDICAL INCORPORATED, PHILIPS HEALTHCARE, amongst others

Market Analysis:

Europe Expected to Grow at High CAGR
North America dominates the global market due to the high incidence of sleep-disordered breathing (SDB) in the United States. The European region is projected to register the highest CAGR during the forecast period, due to the use of noninvasive and painless cardio-respiratory monitors that are used to assess the oxygen saturation level of arterial blood.

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It has been observed that one in every five adults have mild obstructive sleep apnea (OSA) and one in fifteen adults have moderate to severe obstructive sleep apnea (OSA). The number of OSA patients is increasing with the aging population and growing levels of obesity. The prevalence of OSA is approximately 3% to 7% in adult men and 2% to 5% in adult women, in the general population. Additionally, up to 50% of the adult populations are snorers, which is an indicator of the presence of OSA and a significant social problem. Thus, increasing incidence of the sleep apnea is fuelling the growth of the sleep apnea devices market. Additionally, increasing awareness among the patient population in developing countries, favorable government initiatives, and upcoming technological advancements, are also driving the sleep apnea devices market.

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Market Segments:
Sleep Apnea Market is segmented by:
1. Diagnostic Devices: Polysomnography Devices (PSG), Pulse Oximeters, Actigraphy Devices
2. Therapeutic Devices: Positive Airway Pressure (PAP) Devices, Adaptive Servo Ventilation (ASV) Devices, Oxygen Devices, Oral Appliances, Masks & Accessories
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments in the Market
January 2018: ResMed joined MedTech Europe, to make innovative medical technology and health solutions that are available to people
November 2017: SleepScore Labs launched advanced sleep improvement system

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