Press release
Sleep Apnea Devices Market Competitive Landscape Analysis with its Growth Factors by 2025 - BMC Medical, Fisher & Paykel Healthcare Limited, SomnoMed Limited, Weinmann Emergency Medical Technology, Devilbiss Healthcare
According to a new market research study titled 'Sleep Apnea Devices Market to 2025 - Global Analysis and Forecasts by Diagnostic Devices, Therapeutic Devices and End-Users, the global sleep apnea devices market was valued at US$ 4,607.9 Mn in 2017 and is estimated to reach US$ 8,305.3 Mn by 2025. The report highlights the trends prevalent in the global sleep apnea devices market and the factors driving the market along with those that act as deterrents to its growth.Increasing use of oral appliances, availability of wide range of diagnostic and therapeutic devices for sleep apnea are major factors driving the growth of the sleep apnea devices market during the forecast period. Additionally, favorable reimbursement policies for CPAP devices in developed regions such as Europe also fuels the market growth. In Germany, nearly 60% of CPAP treatment costs are reimbursed with the patient paying a small amount out of pocket.
Globally, sleep apnea market exhibits potential growth in developed as well as developing regions across the globe. Further, rising prevalence of sleep apnea among adults determines the market growth. Also, the prevalence of sleep apnea is found to be increasing among the adults as well as children, across the globe. As per the American Sleep Apnea Association, in 2017, 22 million Americans suffer from sleep apnea. Another factor driving the market growth is increasing demand for Positive Airway Pressure (PAP) devices due to rising awareness about sleep disorders among the general population and availability of wide range of products in the market. However, the market is retrained by various factors such as absence of patient compliance.
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Global Sleep Apnea Devices Market - By Diagnostic Device
Polysomnography Devices
Respiratory Polygraphs
Actigraphy Systems
Single-Channel Screening (Oximeters) Devices
Global Sleep Apnea Devices Market - By Therapeutic Device
-Facial Interfaces
-Adaptive Servo-Ventilation Instruments (ASV)
-Positive Airway Pressure (PAP) Devices
-Oxygen Concentrators
-Airway Clearance Systems
-Oral Appliances
-Accessories
Global Sleep Apnea Devices Market - By End-User
-Home Healthcare
-Sleep Laboratories & Hospitals
Global Sleep Apnea Devices Market - By Geography
-North America
-US
-Canada
-Mexico
-Europe
-UK
-Germany
-France
-Asia Pacific (APAC)
-Japan
-China
-India
-Middle East & Africa (MEA)
-South Africa
-UAE
-South America (SAM)
-Brazil
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The sleep apnea devices market is estimated to grow at a CAGR of 7.9% during the forecast period from 2018 to 2025. The market for sleep apnea devices is estimated to reach US$ 8,305.3 Mn in 2025.
The market for sleep apnea devices is witnessing a potential growth rate during the previous years and is expected to witness similar trend in the coming years. Additionally, major players in the market are engaged in research and development activities. Various players have been upgrading their product portfolio by applying for approvals. In May, 2017, ResMed launched soft CPAP Mask. With expansion activities, companies are focusing towards strengthening their customer base by providing services to varied applications. For instance, in May, 2014, SomnoMed Ltd. expanded its business in Portugal and Spain.
The market for sleep apnea devices is well established in North America region, especially in the US and Canada. The market is the US is governed by the presence of key players manufacturing sleep apnea devices such CPAP devices.
Table of Contents
1 Global Sleep Apnea Devices Market Introduction
1.1 Scope of the Study
1.2 the insight Partners Research Report Guidance
2 Global Sleep Apnea Devices Market Key Takeaways
3 Global Sleep Apnea Devices Market Market Landscape
3.1 Overview
3.2 Market Segmentation
3.3 Global Sleep Apnea Devices Market by Diagnostic Devices
3.4 Global Sleep Apnea Devices Market by therapeutic Devices
3.5 Global Sleep Apnea Devices Market by End User
3.6 Global Sleep Apnea Devices Market by Geography
3.7 Pest Analysis
3.7.1 North America Pest Analysis
3.7.2 Europe Pest Analysis
3.7.3 Asia Pacific Pest Analysis
3.7.4 Middle East & Africa“ Pest Analysis
3.7.5 South & Central America Pest Analysis
4 Global Sleep Apnea Devices Market Key Market Dynamics
4.1 Key Market Drivers
4.1.1 increased Usage of Oral Devices
4.1.2 Technological Developments
4.1.3 Rising Geriatric Population
4.2 Key Market Restraints
4.2.1 Absence of Patient Compliance
4.3 Key Market Opportunities
4.3.1 Emerging Markets in Developing Countries
4.4 Future Trends
4.4.1 Telemedicine
4.5 Impact Analysis
5 Global Sleep Apnea Devices Market – Global
5.1 Global Sleep Apnea Devices Market Revenue Forecasts and Analysis
5.2 Global Sleep Apnea Market, by Geography - Forecasts and Analysis
5.3 Market Positioning
5.4 Performance of Key Players
5.4.1 Resmed
5.4.2 Koninklijke Philips N.V.
5.5 Expert Opinions
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About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.
Contact us –
Contact Person : Sameer Joshi
Phone : +1-646-491-9876
Email Id : sam@theinsightpartners.com
Website: https://www.theinsightpartners.com
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