Sleep Apnea Devices Market | Type | Size | Forecast 2018 - 2024
Added: (Wed Jan 23 2019)
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Sleep Apnea Devices Market | Type | Size | Forecast 2018 - 2024
Global Study On Sleep Apnea Devices Market Share, Trends And Analysis
Changing aspects of sleep apnea devices market
Factors responsible for growth of sleep apnea devices market include
• Speedy growth due to increasing older population joined with increased obesity levels with increasing cases of sleep apnea.
• According to WHO, between 2015 to 2030, the number of people who will cross age 60 years will grow approximately to 56%. Based on a study, the incidences of OSA range from 3% to7% in adult men while in women is to 2% to 5%. It is also said that more than 80% of patients remains undiagnosed.
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Regional analysis:
North America holds the strongest position in global sleep apnea devices market due to largest share from U.S. owing to large number of patient pool and promising reimbursement policies.
While the European market is driven by government initiatives which increase awareness about sleep apnea and adoption of novel treatment options able to create lucrative opportunities
Asia-Pacific offers profitable prospects owing to increased medical tourism in the developing countries such as South Korea, China, and India. Adoption of state-of-art technologies together with cost-effective treatments unlocks the potential of global sleep apnea devices market.
Market summary:
The key strategies adopted by the market players are mergers, acquisitions, collaborations, new product launches, etc. to gain market presence in the regions. For instance, Philips Respironics launched a new Dream family solution which had innovative mask design which helps OSA patients to feel comfortable while resting and experience an improved performance of sleep therapy in 2015.
Notable market development:
Fisher & Paykel Healthcare launched ‘F&P Brevida nasal pillow mask for the OSA treatment in 2016. This product will be initially available only in New Zealand and Australia followed by Europe and Canada.
Some of the key players in the global sleep apnea devices market are
• SomnoMed Ltd.
• ResMed, Inc
• Philips Healthcare
• Fisher & Paykel Healthcare Ltd.
• Compumedics Limited
• Braebon Medical Corporation
• Weinmann Medical Devices GmbH
• BMC Medical Co., Ltd.
• DeVilbiss Healthcare.
The global sleep apnea devices market is divided into following categories-
By Diagnostic Devices
• Polysomnography Devices (PSG)
• Pulse Oximeters and Actigraphy Devices.
By Therapeutic Devices
• Positive Airway Pressure (PAP) Devices
• Oxygen Devices
• Oral Appliances
• Adaptive Servo Ventilation (ASV) Devices
By geographical regions
• North America
• Latin America
• Europe
• The Middle East & Africa
• Asia-Pacific
For More Information: https://www.precisionbusinessinsights.com/market-reports/global-sleep-apnea-devices-market/