A recent report published by Infinium Global Research on sleep
apnea devices market provides in depth analysis of segments and sub-segments in
global as well as regional sleep apnea devices market. The study also
highlights the impact of drivers, restraints and macro indicators on the global
and regional sleep apnea devices market over the short term as well as long
term. The report is a comprehensive presentation of trends, forecast and dollar
values of global sleep apnea devices market. According to report the global
sleep apnea devices market is projected to grow at a CAGR of 7.8% over the
forecast period of 2017-2023.
Sleep apnea is a severe sleep disorder that occurs when a person's breathing is disturbed during sleep. People with untreated sleep apnea stop breathing frequently during their sleep. This means the brain and the rest of the body may not get enough oxygen for normal function. There are three types of sleep apnea, namely obstructive sleep apnea (OSA), Complex sleep apnea and Central sleep apnea. Among these, OSA is the most common of the two forms of apnea and is caused by blockage of airway, generally when the soft tissue in the back of the throat collapses during sleep. Central sleep apnea is less common type, occurs when the brain fails to signal the muscles that control breathing. Whereas, complex sleep apnea is combination of both OSA and central sleep apnea. Treatment options available for sleep apnea include, CPAP, dental devices, implants, surgery and other breathing devices such as Expiratory positive airway pressure (EPAP), Bilevel positive airway pressure (BPAP), and Adaptive servo-ventilation (ASV).
Market
Insights
Some of the key factors attributing for an
attractive growth of this market include rising awareness among the population
about sleep disorders, increasing prevalence of respiratory disorders, growing
usage of oral appliances for the treatment, rise in base of aging population,
large number of patient population in the emerging countries with unmet medical
needs and changing lifestyle habits. However, there are certain restraining
factors which could hamper the growth of the market, which includes availability
of alternative treatment options for the sleep apnea and lack of patient
acquiescence.
Segment Covered
The report on global sleep apnea devices market covers segments
such as, product and end user. On the basis of product the global sleep apnea
devices market is categorized into therapeutic devices and diagnostic devices.
On the basis of end user the global sleep apnea devices market is categorized
into home care settings and sleep laboratories and hospitals.
Geographic Coverage
The report provides regional analysis covering geographies such as
North America, Europe, Asia-Pacific, and Rest of the World. In this section the
key trends and market size for each geography is provided over the period of
2015 - 2023.
Figure 2: Global Sleep Apnea Devices
Market by Region, CAGR % 2017-2023
The countries covered in the North America
region include the U.S., Canada, and Mexico; while Asia-Pacific includes China,
Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K.,
France, Spain, and Rest of Europe are included in the European region. The U.S.
drives the growth in the North America region as it is the largest market in
the region. The Asia-pacific region offers a substantial potential for the
market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a
growth at a CAGR of x.x% over the period of 2017 - 2023.
Companies Profiled:
The report provides profiles of the companies in the global sleep
apnea devices market such as, Compumedics Limited, GE Healthcare, Invacare
Corporation, Weinmann Medical Devices GmbH, Cadwell Laboratories, Braebon
Medical, Philips Respironics, Carefusion, ResMed, Inc and Fisher & Paykel
Healthcare.
Report Highlights:
The report provides deep insights on demand forecasts, market
trends and micro and macro indicators. In addition, this report provides
insights on the factors that are driving and restraining the global sleep apnea
devices market. Moreover, IGR-Growth Matrix analysis given in the report brings
an insight on the investment areas that existing or new market players can
consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of sleep apnea devices
market. Moreover, the study highlights current market trends and provides
forecast from 2017 to 2023. We also have highlighted future trends in the sleep
apnea devices market that will impact the demand during the forecast period.
Moreover, the competitive analysis given in each regional market brings an
insight on the market share of the leading players. This report will help
manufacturers, suppliers and distributors of the sleep apnea devices market to
understand the present and future trends in this market and formulate their
strategies accordingly.
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