Sleep Apnea Devices Market: Size, Share, Growth, Trends, and Forecasts 2016–2024
Sarasota, FL -- (SBWIRE) -- 05/04/2018 -- Global Sleep Apnea Devices Market: Overview
Sleep apnea is basically a severe sleep syndrome that mainly occurs when an individual breathing is bothered during deep sleep. Individuals with uncured sleep apnea stop breathing often during their snooze time. This means the rest of the body and brain might not get sufficient oxygen for normal functioning. There are mainly three kinds of sleep apnea, which includes complex sleep apnea, obstructive sleep apnea, and central sleep apnea.
Global Sleep Apnea Devices Market: Growth Factors
The most important aspects fuelling the development of the sleep apnea devices market are increasing the occurrence of sleep apnea globally due to the change in lifestyle, diseases like obesity, hypertension, and so on. The market players are encouraging technological advancements in the sleep apnea devices in order to increase the comfort level of the patients. Governments are taking initiatives for spreading awareness about sleep apnea; all these factors are triggering the growth of the sleep apnea devices market. Growing focus on health at home and increasing inclination for home sleep testing are likely to offer several opportunities and prospects in the years to come for the market.
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A huge count of diagnosed sleep apnea patients along with the huge health care expenditure related to untreated sleep foster the market development. Irregular compensations along with cost-effective alternative treatments and improper patient compliance for sleep apnea are the major aspects that hold back the growth of the global market.
Global Sleep Apnea Devices Market: Segmentation
The global sleep apnea devices market can be classified in terms of types, products, end-user, and region. In terms of products, the market is categorized into respiratory polygraphs, polysomnography (PSG) devices, actigraphy systems, and single-channel screening devices. The polysomnography (PSG) devices division are further fragmented into ambulatory PSG devices and clinical PSG devices, while single-channel screening devices division includes wrist-worn pulse oximeters, tabletop pulse oximeters, and pulse oximeters. In terms of types, the global sleep apnea devices market is divided into facial interfaces, positive airway pressure (PAP) device, airway clearance systems, adaptive servo-ventilation (ASV), oral appliances, and oxygen concentrators accessories. The positive airway pressure device division is fragmented into APAP devices, CPAP devices and BPAP devices. The facial interfaces division is categorized into full-face masks, masks, nasal pillow masks and nasal masks. The accessories are classified into mask, pillows, chin restraints, cleaning wipes, and others whereas oral appliances division is further bifurcated into tongue retaining device and mandibular advancement devices. The end-user is divided into sleep laboratories, home care settings, and hospitals.
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Global Sleep Apnea Devices Market: Regional Analysis
North America is expected to dominate the global sleep apnea devices market with maximum market share. The established existence of manufacturers and the large patient pool is projected to fortify the market development in this region. Technical developments in sleep apnea devices and easy accessibility of these devices such as the elastic mandibular advancements are factors driving the sleep apnea devices market in this region.
There are a wide number of people in the Asia Pacific that are still unexamined for sleep apnea which may open up opportunities for the key device manufacturers in this region. Increase in the healthcare facilities and the growing healthcare expenses are factors that are positively contributing to the market growth in the Asia Pacific.
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Global Sleep Apnea Devices Market: Competitive Players
Some of the most important market players in the global sleep apnea devices market are Resmed, Inc., Somnomed Limited, Fisher & Paykel Healthcare Ltd., Devilbiss Healthcare, Compumedics Limited, Braebon Medical Corporation, BMC Medical Co., Ltd., Whole You, Inc., Philips Healthcare, and Weinmann Medical Devices GmbH., among others.
Global Sleep Apnea Devices Market: Regional Segment Analysis
North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa