Latest Report on Sleep Apnea Market Size & Share, Growth, Trends, and Forecast 2017 - 2025

The report analyzes and presents an overview of "Sleep Apnea Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" worldwide.

The objectives of this study are as follows:

To define, describe, and forecast the "Sleep Apnea" market by type, application, component, delivery model, end user, and region

To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders

To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)

To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies

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Sleep apnea is a life-threatening and serious sleep disorder that generally occurs when an individual’s breathing is disturbed during sleep. In individuals with sleep apnea, the tissue located behind the throat and between the mouth and the lungs briefly collapses and at times, it becomes so constricted that the breathing stops either momentarily or for longer durations and sometimes, for several minutes. During such events, the body sensors send a signal to the brain, which awakens the individual from sleep, leading to re-opening of the airways. People suffering from sleep apnea are unable to enjoy the deep level of recovery-style and restful sleep that is normally required by the body to function at an optimal capacity.

Sleep apnea has been classified into three categories viz. obstructive sleep apnea (OSA), mixed sleep apnea, and central sleep apnea (CSA). Obstructive sleep apnea (OSA) is the most prevalent type, accounting for 84% of all diagnosed cases of sleep apnea. In OSA, obstruction in the upper airway (the nose or the throat) stops the flow of air to the lungs. In central sleep apnea (CSA), the nasal airway is open, but the brain is unable to send signals to the muscles to breathe, due to which respiration does not occur. Mixed sleep apnea is a mixture of both CSA and OSA. Symptoms associated with sleep apnea include loud snoring, morning headaches, restless sleep, insomnia, and recurrent awakenings. Sleep apnea can also lead to several health issues such as high blood pressure, heart failure, stroke, irregular heartbeats, heart attacks, diabetes, and depression. The condition can be treated with the help of the continuous positive airway pressure (CPAP) treatment or sleep apnea dental devices. An individual can also be advised to undergo surgeries such as uvulopalatopharyngoplasty (UPPP) and mandibular maxillar advancement surgery.

The rising number of patients with sleep apnea across the globe is driving the sleep apnea market. According to a study conducted by the World Health Organization (WHO), the global prevalence of sleep apnea is around 100 million people. In the U.S. alone, the number of people with sleep-disordered breathing (SDB) is around 42 million. One out of five adults in the U.S. have mild OSA, while one out of 15 have moderate to severe OSA. The number is expected to increase in the next few years, primarily due to increasing incidence of sleep-related disorders. This is projected to drive the sleep apnea market from 2017 to 2025. The other factors anticipated to augment the market are increasing awareness about adverse effects of sleep apnea, growing use of oral appliances for the treatment of sleep apnea, and technological advancements resulting in the development of novel products for treating sleep apnea. On the contrary, alternative treatment options and patient compliance issues can negatively impact the market in the near future. Increasing number of companies entering the sleep apnea market and growth opportunities in emerging markets are factors projected to offer lucrative growth opportunities to manufacturers of sleep apnea treatment devices during the forecast period.

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The global sleep apnea market has been segmented based on product, end-user, and region. In terms of product, the market has been classified into positive airway pressure (PAP) devices, oral appliances, pillows, nasal straps, and other accessories. In terms of end-user, the market has been segmented into hospitals, clinics, and home care settings.

In terms of geography, the global sleep apnea market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for a leading share of the global sleep apnea market, due to increasing prevalence of sleep apnea in the region and rising investments by manufacturers for the development of novel products with enhanced features for sleep apnea treatment. The market in Asia Pacific is anticipated to register the maximum growth rate during the forecast period, due to growing awareness among patients in the region about ill-effects of untreated sleep apnea.

Key players operating in the global sleep apnea market are Resmed, Inc., Fisher & Paykel Healthcare Ltd., Somnomed Limited, Philips Healthcare, Whole You, Inc., MEDiTAS Ltd, Sleeping Well, LLC, and Tomed GmbH.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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