Sleep Apnea Devices Market: Product Developments Strategies By Industry Professionals | ResMed Inc., Koninklijke Philips N.V., Fisher & Paykel, Braebon Medical Corporation, BMC Medical Co., Ltd., SomnoMed Limited, ON Medical Devices
In North America, the growth of the market is attributed to presence of key players, extensive use of diagnostic and therapeutic devices for sleep apnea and focus on early diagnosis and treatment of chronic diseases. Furthermore, people in the US are now aware about the importance of diagnosis of sleep apnea among the children, which further influences the market growth. New product launch by market players such as BMC, ResMed and Fisher & Paykel Healthcare Limited boost the growth of the market. For instance, in April 2016, BMC launched Polypro sleep monitoring device which is a home sleep testing device and portable PSG. The product is easily accessible in sleep labs because of the mobile application of Polypro.
The major companies profiled in the Sleep Apnea Devices Market include ResMed Inc., Koninklijke Philips N.V., Fisher & Paykel, Braebon Medical Corporation, Compumedics Limited, BMC Medical Co., Ltd., Fisher & Paykel Healthcare Limited, SomnoMed Limited, Weinmann Emergency Medical Technology GmbH + Co. KG, Devilbiss Healthcare LLC and others.
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Key Benefits of Sleep Apnea Devices Market to 2018 - 2025:
oSave and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the sleep apnea market.
oHighlights key business priorities in order to assist companies to realign their business strategies.
oThe key findings and recommendations highlight crucial progressive industry trends in the global sleep apnea market, thereby allowing players across the value chain to develop effective long-term strategies.
oDevelop/modify business expansion plans by using substantial growth offering developed and emerging markets.
oScrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
oEnhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Sleep Apnea Devices Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Sleep Apnea Devices Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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The report offers key drivers that 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.
The report segments the global Sleep Apnea Devices market as follows:
By Diagnostic Device
- Polysomnography Devices
- Respiratory Polygraphs
- Actigraphy Systems
- Single-Channel Screening (Oximeters) Devices
By Therapeutic Device
- Facial Interfaces
- Adaptive Servo-Ventilation Instruments (ASV)
- Positive Airway Pressure (PAP) Devices
- Oxygen Concentrators
- Airway Clearance Systems
- Oral Appliances
- Home Healthcare
- Sleep Laboratories & Hospitals
Asia Pacific is expected to be the fastest growing market, with China, Japan and India being the largest contributors to the growth of the market. In Asia Pacific, the market is driven by rising prevalence of sleep disorder and key market players focusing on Asia Pacific for tapping new markets and strengthening their geographical presence. In July, 2016, Dehaier Medical Systems entered into a partnership with China Sciences Group to provide its wearable sleep apnea products to provide to the pension and health industry.
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The report provides a detailed overview of the industry including both qualitative and quantitative information.
It provides overview and forecast of the global Sleep Apnea Devices Market based on various segments.
The Sleep Apnea Devices Market by each region is later sub-segmented by respective countries and segments.
The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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. We are a specialist in Technology, Semiconductors, Healthcare, Manufacturing, Automotive and Defense.
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