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Sleep Apnea Devices Market Size, Share 2020 By Development, Trend, Key Manufacturers like GE Healthcare, Invacare Corporation, Itamar Medical Ltd., Curative Medical Inc., Philips Healthcare

03-05-2020 12:32 PM CET | Health & Medicine

Press release from: marketstudyreport.com

Sleep Apnea Devices Market Size, Share 2020 By Development,

The report is a comprehensive exploration of global Sleep Apnea Devices market offering growth rates, size of the industry, competitive landscape information, factors to the contributing growth of the global Sleep Apnea Devices market and more.

Considering the geographical landscape, the U.S. sleep apnea devices market generated a revenue of USD 2 billion in 2018 and is expected to see considerable growth during the study period. Growing availability of sleep treatments coupled with presence of key manufacturers is fueling the regional growth.

Technologically advanced sleep apnea devices will play a major role in augmenting the business landscape in the years to come. Moreover, poor sleep cycles due to factors such as alcohol intake is increasing the number of sleeping disorder cases, thereby boosting the demand for sleep apnea devices.

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Rising prevalence of sleeping disorders around the world is the key factor driving the growth of sleep apnea devices market. Sleep apnea is a short-term sleep disorder wherein breathing is repeatedly interrupted during sleep. If untreated, can lead to long-term disorders such as diabetes and cardiovascular diseases.

Based on the product type, airway clearance system segment is estimated to grow with a 6.0% CAGR during the forecast period. The increasing prevalence of sleeping disorders paired with growing consumer awareness about these devices will promote the segmental growth.

On the contrary, the high cost associated with sleep apnea devices and therapeutics coupled with stringent regulations will negatively affect the sleep apnea devices market in the coming years.
With respect to diagnostics, polysomnography (PSG) device segment registered a revenue of USD 770.1 million in 2018.
The segmental growth can be attributed to the rising demand for superior, efficient, and portable sleep apnea devices.
The industry leaders in sleep apnea devices market are BMC Medical Co. Ltd., Becton Dickinson, Cadwell Laboratories Inc., Compumedics Limited, Braebon Medical Corporation, ImThera Medical Inc., Fisher & Paykel Healthcare, GE Healthcare, Invacare Corporation, Itamar Medical Ltd., Curative Medical Inc., Philips Healthcare and Natus Medical Inc.

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Question & Answers: Sleep apnea devices market

Q1: Which factors will fuel the growth of sleep apnea devices market?

A: Rising prevalence of sleeping disorders around the world is the key factor driving the growth of sleep apnea devices market. Sleep apnea is a short-term sleep disorder wherein breathing is repeatedly interrupted during sleep. If untreated, can lead to long-term disorders such as diabetes and cardiovascular diseases.

Technologically advanced sleep apnea devices will play a major role in augmenting the business landscape in the years to come. Moreover, poor sleep cycles due to factors such as alcohol intake is increasing the number of sleeping disorder cases, thereby boosting the demand for sleep apnea devices.

Q2: Which factors will deter the growth of sleep apnea devices market?

A: The high cost associated with sleep apnea devices and therapeutics coupled with stringent regulations will negatively affect the sleep apnea devices market in the coming years.

Q3: Will the U.S. emerge as a lucrative growth avenue for sleep apnea devices market?

A: The U.S. sleep apnea devices market generated a revenue of USD 2 billion in 2018 and is expected to see considerable growth during the study period. Growing availability of sleep treatments coupled with presence of key manufacturers is fueling the regional growth.

Q4: Which companies have their stake in sleep apnea devices market?

A: The competitive hierarchy of sleep apnea devices market includes BMC Medical Co. Ltd., Becton Dickinson, Cadwell Laboratories Inc., Compumedics Limited, Braebon Medical Corporation, ImThera Medical Inc., Fisher & Paykel Healthcare, GE Healthcare, Invacare Corporation, Itamar Medical Ltd., Curative Medical Inc., Philips Healthcare and Natus Medical Inc.

Complete Report at: https://www.marketstudyreport.com/reports/sleep-apnea-devices-market

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