Sleep Apnea Devices Market Industry Analysis, Trends & Forecast by 2022
© Olive David
Sleep Apnea Devices Market:
When airway is blocked during sleep it causes sleep Apnea. It has many negative effects if left untreated. Some of those effects are hypertension, cardiovascular diseases, impotency etc. The main cause of the problem is the oxygen deficiency. It also distorts the sleep cycle as the person is jerked awake because of the reflex action of the brain to heightened carbon dioxide levels. Sleepiness and tiredness are few symptoms of this disease. Several medical devices are used for the treatment of this disease.
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The Global Sleep Apnea Devices Market size was around USD 6.9 billion in 2017. It is expected to grow at a CAGR of 7.8% to reach USD 10.04 billion by 2022.
Growing awareness regarding hypertension and other prevalent chronic diseases, rapid advancements in technology resulting in development of enhanced and improved techniques of treatment, high stress, long working hours, and increasing cases of depression and obesity are the key factors contributing towards a high market growth. However, expensive treatment procedures and high discomfort are inhibiting the growth of this market.
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The Sleep Apnea Devices Market Growth segmentation is very detailed with respect to product and broad by end user. Classification by product entails Therapeutic devices and Diagnostic devices. Classification by therapeutic devices entails Positive Airway Pressure (PAP) Devices, Facial Interfaces, Adaptive Servo-Ventilation Instruments (ASV), Airway Clearance Systems, Oxygen Concentrators, Accessories, and Oral Appliances. Positive Airway Pressure (PAP) Devices is further sub-categorized into CPAP Devices, APAP Devices, and BPAP Devices. Facial interfaces have masks as a sub-category which is further segmented into Nasal, Nasal pillow and full-face masks. Oxygen concentrators come in two categories namely stationary and portable. There are three main categories of accessories in the market namely pillows, chin restraints, and mask cleaning wipes.
Oral appliances are of two kind’s namely mandibular advancement devices and tongue retaining devices. It is the largest market segment and also predicted to be the fastest growing market category in the forecast period. PAP accounted for the largest market share in 2016. However, oral market sub-segment is predicted to be the fastest growing market segment in the forecast period. Classification by diagnostic devices entails Polysomnography Devices, Respiratory Polygraphs, Single-Channel Screening Devices (Pulse Oximeters), and Actigraphy Systems. Polysomnography Devices are of two types ambulatory and clinical. Pulse oximeters are further classified into fingertip, handheld, wrist-worn, and table top. PSG market category captured largest market share. However, single-channel device is expected to grow fastest in the forecast period. It is painless and non-invasive which is the reason for the observable trend mentioned above.
Classification by end user entails home care settings and sleep laboratories & hospitals. Home care settings accounted for the largest market share and are expected to remain so till 2022.
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Classification by geography of Sleep Apnea Devices Market Share entails North America, Latin America, Asia Pacific, Europe, and Middle East and Africa. North America accounted for the largest market share led by US. However, Europe has been the fastest growing market in the last couple of years and its growth spurt will last till the end of 2022.
Sleep Apnea Devices Market Key players in the market include ResMed, Inc. (U.S.), Philips Healthcare (Netherlands), and Fisher & Paykel Healthcare Ltd. (New Zealand). Other players in the market include SomnoMed Ltd. (Australia), Compumedics Limited (Australia), Weinmann Medical Devices GmbH (Germany), Whole You, Inc. (U.S.).
The Scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms product type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
When airway is blocked during sleep it causes sleep Apnea. It has many negative effects if left untreated. Some of those effects are hypertension, cardiovascular diseases, impotency etc. The main cause of the problem is the oxygen deficiency. It also distorts the sleep cycle as the person is jerked awake because of the reflex action of the brain to heightened carbon dioxide levels. Sleepiness and tiredness are few symptoms of this disease. Several medical devices are used for the treatment of this disease.
Get the Complete Report & TOC @ https://www.marketdataforecast.com/market-reports/global-sleep-apnea-devices-market-5148/
The Global Sleep Apnea Devices Market size was around USD 6.9 billion in 2017. It is expected to grow at a CAGR of 7.8% to reach USD 10.04 billion by 2022.
Growing awareness regarding hypertension and other prevalent chronic diseases, rapid advancements in technology resulting in development of enhanced and improved techniques of treatment, high stress, long working hours, and increasing cases of depression and obesity are the key factors contributing towards a high market growth. However, expensive treatment procedures and high discomfort are inhibiting the growth of this market.
Download FREE Sample of this Report @ https://www.marketdataforecast.com/market-reports/global-sleep-apnea-devices-market-5148/request-sample
The Sleep Apnea Devices Market Growth segmentation is very detailed with respect to product and broad by end user. Classification by product entails Therapeutic devices and Diagnostic devices. Classification by therapeutic devices entails Positive Airway Pressure (PAP) Devices, Facial Interfaces, Adaptive Servo-Ventilation Instruments (ASV), Airway Clearance Systems, Oxygen Concentrators, Accessories, and Oral Appliances. Positive Airway Pressure (PAP) Devices is further sub-categorized into CPAP Devices, APAP Devices, and BPAP Devices. Facial interfaces have masks as a sub-category which is further segmented into Nasal, Nasal pillow and full-face masks. Oxygen concentrators come in two categories namely stationary and portable. There are three main categories of accessories in the market namely pillows, chin restraints, and mask cleaning wipes.
Oral appliances are of two kind’s namely mandibular advancement devices and tongue retaining devices. It is the largest market segment and also predicted to be the fastest growing market category in the forecast period. PAP accounted for the largest market share in 2016. However, oral market sub-segment is predicted to be the fastest growing market segment in the forecast period. Classification by diagnostic devices entails Polysomnography Devices, Respiratory Polygraphs, Single-Channel Screening Devices (Pulse Oximeters), and Actigraphy Systems. Polysomnography Devices are of two types ambulatory and clinical. Pulse oximeters are further classified into fingertip, handheld, wrist-worn, and table top. PSG market category captured largest market share. However, single-channel device is expected to grow fastest in the forecast period. It is painless and non-invasive which is the reason for the observable trend mentioned above.
Classification by end user entails home care settings and sleep laboratories & hospitals. Home care settings accounted for the largest market share and are expected to remain so till 2022.
Get the Customize Report @ https://www.marketdataforecast.com/market-reports/global-sleep-apnea-devices-market-5148/customize-report
Classification by geography of Sleep Apnea Devices Market Share entails North America, Latin America, Asia Pacific, Europe, and Middle East and Africa. North America accounted for the largest market share led by US. However, Europe has been the fastest growing market in the last couple of years and its growth spurt will last till the end of 2022.
Sleep Apnea Devices Market Key players in the market include ResMed, Inc. (U.S.), Philips Healthcare (Netherlands), and Fisher & Paykel Healthcare Ltd. (New Zealand). Other players in the market include SomnoMed Ltd. (Australia), Compumedics Limited (Australia), Weinmann Medical Devices GmbH (Germany), Whole You, Inc. (U.S.).
The Scope of the report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms product type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases