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Asia-Pacific Sleep Apnea Implants Market Size, Share, Growth, Analysis and Forecast 2023-2030

11-23-2023 06:56 PM CET | Health & Medicine

Press release from: Orion Market Research

Asia-Pacific Sleep Apnea Implants Market Size, Share, Growth,

The Asia-Pacific sleep apnea market is anticipated to grow at a CAGR of 8.2% during the forecast period. The market in the region is largely driven by the growing prevalence of sleep disordes such as sleep apnea due to the increasing workplace stress and depression. According to the IHME, the share of the population with depression ranges mostly between 2% and 5% across Asia-Pacific in 2017. Australia has one of the highest % of populations with depression where 4.62% of people are suffering from depression. Further, the prevalence of anxiety and schizophrenia is also high in Australia where schizophrenia accounts for 0.36% of the population and anxiety accounts for 6.58% of the population according to IHME.

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These increasing numbers of mental disorders across Asia-Pacific are increasing the incidences of sleep apnea among the patients. The Asia-Pacific sleep apnea implants market presents future opportunities for growth as the prevalence of sleep disorders such as sleep apnea and insomnia in emerging economies such as India, Australia, and China. In addition, increasing the geriatric population specially in Japan is another major reason for the growing market. Japan's Ministry of Health, Labour and Welfare have approved Inspire Medical Systems Inc's Inspire therapy for the treatment of severe to moderate OSA in 2019. The approval of such treatment therapy is again aiding to the market growth.

Asia-Pacific Sleep Apnea Implants Market Report Segment

By Type

Hypoglossal Neurostimulation Devices
Phrenic Nerve Stimulator
Palatal Implants

By Indication Type

Obstructive Sleep Apnea
Central Sleep Apnea

By End-User

Hospitals & Clinics
Homecare

A full report of Asia-Pacific Sleep Apnea Implants Market is available at: https://www.omrglobal.com/industry-reports/asia-pacific-sleep-apnea-implants-market

Asia-Pacific Sleep Apnea Implants Market- Segment by Region

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Company Profiles

Apex Medical Corp.
BMC Medical Co., Ltd.
Curative Medical Inc.
Koninklijke Philips N.V.
Lianluo Smart Ltd.
Medtronic PLC
Natus Medical, Inc.
Pacific Medico Co., Ltd.
ResMed Inc.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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