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2026 Projections: Sleep Apnea Devices Market Report & Key players - Fisher & Paykel Healthcare, Koninklijke Philips, ResMed, Compumedics, Whole You, BMC Medical, Braebon Medical, Löwenstein Medical, Drive DeVilbiss Healthcare and SomnoMed

05-12-2020 08:51 PM CET | Health & Medicine

Press release from: Market Study Report LLC

2026 Projections: Sleep Apnea Devices Market Report & Key

Market Study Report adds 'Sleep Apnea Devices Market Report 2020-2026' that offers an exhaustive coverage of the industry with brief analysis, data charts, figures, statistics that help take business decisions, company profiles and more.

The global sleep apnea devices market size is anticipated to reach USD 10.23 billion by 2026 growing at a CAGR of 7.9% from 2018 to 2026 according to a new report published by The marker research report. The report provides insights on the current market scenario and the future prospects. In 2017, the Positive airway pressure (PAP) dominated the global Sleep Apnea Devices industry, in terms of revenue. North America was to be the leading contributor to the global market revenue in 2017.

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Asia Pacific market is anticipated to be the fastest growing industry during the forecast period. Growing number of clinics and large number of undiagnosed patient pool are expected to form lucrative growth opportunity in the market. Key players present in this region are focusing on constructing favorable policies towards enhancing the consumer pool through introduction of advanced as and cost-effective devices which in turn is expected to provide robust growth opportunities in the market during the forecast period. The North America was estimated to hold the highest market share during 2017. The large market share is majorly attributed to due to the high occurrence of Sleep-Disordered Breathing (SDB).

The research report is segmented the global Sleep Apnea Devices market on the basis of diagnostic devices, therapeutic devices, end user:
Sleep Apnea Devices Diagnostic Devices Outlook
o Polysomnography Devices (PSG)
o Respiratory polygraphs
o Pulse Oximeters
o Actigraphy Devices

Sleep Apnea Devices Therapeutic Devices Outlook
o Positive Airway Pressure (PAP) Devices
o Oxygen Devices
o Oral Appliances
o Adaptive Servo Ventilation (ASV) Devices

Sleep Apnea Devices End User Outlook
o Hospitals & Sleep Laboratories
o Home care settings

Sleep apnea is an ailment which befalls when the brain as well as body obtain inadequate amount of oxygen where breathing process is interfered while sleeping. Obstructive Sleep Apnea (OSA) is the most common type of sleep apnea which is majorly triggered by airway blockage. Other forms of sleep apnea are central sleep apnea, and complex sleep apnea syndrome. In order to avoid such disease, it is essential to perform diagnostic tests on the patient to classify the appropriate therapeutic devices for treatment. Sleep apnea is extensively observed in the elderly population. There are multiple instances where sleep apnea is kept un-diagnosed due to factors such as non-specific exhibition of the disorder and lack of awareness amongst the patients.

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The sleep apnea diagnosis industry has witnessed rapid surge during the past decade. The growth is been attributed to the continuous development in sleep apnea device usage. According to the World Health Organization (WHO) reports, about 100 million individuals are suffering from sleep apnea. In addition, obstructive sleep apnea and is a chronic disease that unfavorably affects health. According to the National Healthy Sleep Awareness Project reports, around 25 million people are affected by this disease alone in the U.S.

Prominent Players in the market are:
The well-known companies profiled in the Sleep Apnea Devices market report include
o Fisher & Paykel Healthcare (New Zealand)
o Koninklijke Philips (Netherlands)
o ResMed (US)
o Compumedics (Australia)
o Whole You (US)
o BMC Medical (China)
o Braebon Medical (Canada)
o Löwenstein Medical (Germany)
o Drive DeVilbiss Healthcare (US)
o SomnoMed (Australia).

These companies launch new products and collaborate with other leaders in the market to innovate and launch new products to meet the increasing needs and requirements of consumers.

Related Report:
Global Smart Insulin Pens Market Growth 2019-2024

According to this study, over the next five years the Smart Insulin Pens market will register a 8.9% CAGR in terms of revenue, the global market size will reach US$ 12 million by 2024, from US$ 9 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Smart Insulin Pens business.

https://www.marketstudyreport.com/reports/global-smart-insulin-pens-market-growth-2019-2024?utm_source=Openpr.com&utm_medium=TS

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