The Global Sleep Apnea Device Market is expected to reach an approximate CAGR of 7.8% during the forecast period. Globally the market for Sleep Apnea Devices is increasing rapidly due to growth in the increasing number of patients for sleep apnea on account of increasing obesity problems globally and also due to the increasing number of Obstructive Sleep Apnea (OSA) patients along with the increasing aging population.
Sleep Apnea Devices Market – Key Players
Some of the key players in this market are: ResMed (U.S), Fisher & Paykel Healthcare Limited (New Zealand), Koninklijke Philips N.V. (Netherlands), GE Healthcare (U.S), Braebon Medical Corporation (Canada), ImThera Medical Inc. (U.s), Cadwell Industries, Inc (U.S), Invacare Corporation (U.s), BMC Medical Co, Ltd (China), Curative Medical (U.S) and others.
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Industry/Innovation/Related News:
February 22, 2018 – Zennea Technologies (Canada), has won itself title of a notable start up by securing the best overall prize for itself. The value money is $35,000 & awarded by the annual Coast Capital Savings Venture Prize competition that awards entrepreneurialism for its new development of a portable battery-operated device – “sleep wearables”. The device is smaller, yet, helps reduce snoring. The company hopes that “sleep wearables” will become an alternative to large CPAP machines.
Sleep Apnea Devices Market – Highlights
Accrediting the traction, Sleep Apnea Devices Market is currently vibrating with and the growth prospects the market is demonstrating globally, Market Research Future (MRFR) has recently published a brilliant study report giving out the complete market prognosis up till 2022. According to MRFR, the Global Sleep Apnea Devices Market gaining further prominence will demonstrate a spectacular growth by 2022, posting a striking CAGR during 2017 – 2022.
Sleep Apnea Devices are basically these therapeutic devices used to give some relief to the people suffering from the serious disorder known as Sleep Apnea. Various types of devices are available to treat sleep breathing disorders. Although, every device has its own set of pros & cons, all these Sleep Apnea Devices are effectively providing a significant amount of relief and evade further complications by treating causative factors of Sleep Apnea.
Sleep Apnea Devices Market – Regional Analysis
North America market dominates the Global Sleep Apnea Devices Market with the significant market share. While Europe & Asia Pacific stand at the second & third positions respectively in terms of the market share.
Factors such as, advancements in technology, coupled with the prevailing disorders associated with sleep, availability of advanced infrastructure and growing awareness towards the advantages & efficacies of these Devices are attributing to the growth of North America and Europe Market.
Asia-Pacific market is expected to be the fastest growing market for Sleep Apnea Devices. However high cost associated with the purchase and implementation of these devices is impeding the regional market growth.
Sleep Apnea Devices Market – Segments
For the convenience of the report and enhanced understanding; the report – Sleep Apnea Devices market is segmented in to 3 key dynamics
By Products: Comprises Mouth Devices {MAD (mandibular advancement device) & Tongue Retaining Device}, CPAP (Continuous Positive Airway) Devices, Position Pillows, Bumper Belt, Oral Appliance Mask & etc.
By End Users: Cognitive Care Centers, Hospitals/clinics, Research Institutes, among others.
By Regions: Europe, North America, APAC and Rest of the World.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Continued….
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