Press release
Sleep Apnea Device Market Report 2019: Competitive Analysis By Koninklijke Philips N.V., Natus Medical Incorporated, Nihon Kohden, CareFusion Corporation, Curative Medical, ResMed and others
Global Sleep Apnea Device market research report makes use of SWOT analysis and Porter’s Five Forces analysis to disclose the strengths, weaknesses, opportunities, and threats in the Healthcare industry. This Sleep Apnea Device report highlights all-inclusive professional study of the healthcare industry which focuses on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. All this data and information serves businesses refine their strategic decision making. Strategic planning helps businesses improve and enhance their products which customers will prefer to buy. Thus, the sleep apnea device report is a great source of an in-depth market analysis to prosper in this competitive environment.
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Market Analysis:
Global Sleep Apnea Devices Industry is expected to reach USD 14,119.5 million by 2024 from USD 7,800.0 million in 2016, at a CAGR of 7.7% in the forecast period 2017 to 2024. The new market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Key Players:
Koninklijke Philips N.V. dominated the sleep apnea devices market in 2016, followed by Natus Medical Incorporated, and Nihon Kohden along with others such as CareFusion Corporation, Curative Medical Inc., ResMed, Fisher and Paykel Healthcare Limited., SomnoMed, BMC Medical Co., Ltd., Compumedics Limited, NatusMedical Inc., DeVilbiss Healthcare, Global Medical Holdings, Itamar Medical Ltd., Weinmann Medical Technology, Cleveland Medical Devices Inc., SOMNOmedics GmbH, Deymed Diagnostic, NovaSom, and Medtronic.
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TABLE OF CONTENTS
1 INTRODUCTION
2 MARKET SEGMENTATION
3 MARKET OVERVIEW
4 EXECUTIVE SUMMARY
5 PREMIUM INSIGHTS
6 GLOBAL SLEEP APNEA DEVICES MARKET, BY PRODUCT
7 GLOBAL SLEEP APNEA DEVICES MARKET, BY THERAPY
8 GLOBAL SLEEP APNEA DEVICES MARKET, BY APLLICATION
9 GLOBAL SLEEP APNEA DEVICES MARKET, BY TECHNOLOGY
10 GLOBAL SLEEP APNEA DEVICES MARKET: GEOGRAPHY
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Key Drivers:
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.
The advancement in the technologies and also increasing alternative options of devices for treatment of sleep apnea is adding to the driving factors of market.
• Increasing number of people suffering from sleep apnea helps in driving the market.
• Increased awareness of sleep related disorders and better technology to diagnose obstructive sleep apnea (OSA) will majorly help in driving the market.
Global Sleep Apnea Devices Market Segmentation:
Segmentation
Product type, end user, geography
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.
Product type
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.
End users
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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