Press release
Sleep Apnea Market Projected to be Resilient During 2021-2031 | Braedon Medical Corporation, SomnoMed, ResMed, Philips N.V., BMC Medical
Surging prevalence of sleep apnea and related co-morbidities along with growing awareness regarding sleep disorders is amongst the major factors stimulating the overall market growth. Technological advancement is set to propel sleep apnea devices market growth during the forecast period. These advancements in oral appliances, oxygen devices, actigraphy systems have increased the sleep disorders treatment outcome and success rate.
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The growing geriatric population due to increasing life expectancy is expected to lead to a rise in the prevalence of sleep disorders. Moreover, people with obesity and hypertension are more likely to develop sleep apnea. Aging is a major factor driving the market growth for sleep apnea devices. The elderly are the most at risk for developing this disorder.
Sleep apnea is a serious sleep disorder in which breathing repeatedly stops and starts. There are three main types of sleep apnea, obstructive sleep apnea, central sleep apnea, and complex sleep apnea syndrome.
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Key Trends and Drivers:
1.The massive pool of undiagnosed patients of sleep apnea holds tremendous potential for the sleep apnea devices market. It is expected with the ongoing awareness campaigns and efforts, the untouched patients base would be diagnosed and treated for the sleep apnea.
2.This combined with increasing number of sleep clinics and sleep technicians globally is facilitating the growth of the market.
3.People's sedentary lifestyles have resulted in an increase in the prevalence of cardiovascular illnesses, poor sleep habits, high-stress levels, and obesity.
4.Insurance coverage for treatment of sleep apnea and other sleep disorders, Product innovation strategy adopted by key industry players.
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Segmentation:
By Type
Therapeutic Devices
Positive Airway Pressure Devices
Automatic Positive Airway Pressure Devices
Continuous Positive Airway Pressure Devices
Bilevel Positive Airway Pressure Devices
Facial Interfaces
Masks
Full-Face Masks
Nasal Pillow Masks
Nasal Masks
Cushions
Oral Appliances
Mandibular Advancement Devices
Tongue-Retaining Devices
Adaptive Servo-Ventilators
Other Therapeutic Devices
Diagnostic Devices
Polysomnography Devices
Clinical PSG Devices
Home Sleep Testing Devices
Oximeters
Fingertip Oximeters
Handheld Oximeters
Wrist-Worn Oximeters
Tabletop Oximeters
By End User
Sleep Laboratories and Clinics.
Home care and other settings.
Key Players:
Key companies in this market include:
Braedon Medical Corporation
SomnoMed
ResMed Inc.
Philips N.V.
BMC Medical Co. Ltd.
Fisher & Paykel Healthcare
Advanced Brain Monitoring Inc.
Devilbiss Healthcare LLC
Whole You, Inc.
Natus Medical Incorporated
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