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Sleep Apnea Devices Market - Industry Analysis, Trends and Forecast to 2024

Global Sleep Apnea Devices Market is expected to reach USD 14,119.5 million by 2024 from USD 7,800.0 million in 2016, at a CAGR of 7.7% in the forecas
rudra pancholi | 22.08.2018
Global Sleep Apnea Devices Market by Product Type (Diagnostic Devices, Treatment Devices), By End-User (Hospitals, Home Healthcare, Sleep Treatment Facilities), By Geography (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa)

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Globally, there is an exponential rise in the cases of Obstructive Sleep Apnea (OSA) among the world population and is one of the most important factors contributing to the growth of this market. It is estimated that around 100 million people suffer from OSA across the world. The incessantly rising obese population and the increasing prevalence of co morbidities related with sleep apnea (such as drug-resistant hypertension, congestive heart failure, Type-2 diabetes, and stroke, among others) are helping the total patient pool of sleep apnea to rise in the future as well. The increase in awareness levels of patients and physicians, with respect to the diagnosis and treatment of OSA, is also an important factor for the growth of the market. The rising alertness of the benefits of these treatments and risks associated with sleep apnea has managed to grab the attention of the stakeholders of this market. Various firms and organizations are engaging in campaigns and educational workshops to increase awareness of the disease among physicians and the general public.

The global sleep apnea devices market report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market. Philips Respironics, a subsidiary of Philips Healthcare (Netherlands); ResMed; Fisher and Paykel Healthcare, Ltd.; Compumedics Limited, Carefusion Corporation, Curative Medical, Inc., BMC Medical Co., Ltd., Natus Medical Inc., DeVilbiss Healthcare, Global Medical Holdings, LLC, Itamar Medical, Ltd., and Weinmann Medical Devices GmbH & Co. KG among others, are some of the key players engaged in this market.

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