Global Sleep Apnea Devices Market is valued at USD 5.75 Billion in 2018 and is expected to reach USD 10.40 Billion by 2027 with a CAGR of 6.8% over the forecast period.
Sleep Apnea Devices Market Global Size, Trends, Competitive, Historical & Forecast Analysis to 2022-2028, Increasing prevalence sleep related disease and changing human lifestyle are some of the factors responsible for the growth of Sleep Apnea devices Market.
Sleep apnea is defined as cessation of air at nose and mouth lasting at least 10 seconds while sleeping. According to a report published by World Health Organization (WHO), it is estimated that currently over 100 million people are affected by sleep apnea world-wide. Sleep apnea can affect people of all ages, including babies and children but is significantly common in people of more than forty years of age and those who are obese. So, during the study of global Sleep apnea devices market, we have considered Sleep Apnea devices and consumables to analyze the market.
Global Sleep apnea devices market report is segmented on the basis of disease type, product type, end user and by regional & country level. Based upon disease type, global Sleep Apnea devices market is classified as Obstructive, Central, and Mixed type. Based upon Product type, global Sleep Apnea devices market is classified as Diagnostic type and Therapeutic type. Based on end-user, global Sleep Apnea devices market is classified as Hospitals, Sleep Clinics, Home Care settings and others.
Global Sleep apnea devices market reports cover prominent players like
Downsides of urban lifestyle such as long working hours, over use of electronic gadgets, obesity, diabetes, stress and anxiety have resulted in increased sleep disorders, consequently driving sleep apnea devices demand. According to World Health Organization 71.3 per cent of deaths in 2016 were caused by “lifestyle diseases”. The study shows a rise from 57.6 per cent per cent in 1990.
Moreover, technological advancements and increasing investment in research & development from medical device manufacturers are continuously responsible for the growth of global sleep apnea devices market. However, a single Continuous Positive Airway Pressure (CPAP) device ranges from USD 500 to USD 3500. Therefore, high cost associated with the device and lack of knowledge amongst the users may affect the growth of Global Sleep Apnea devices market Nonetheless, untapped market and technological advancement may generate new opportunities in forecast period.
Report Analysis | Details |
---|---|
Historical data | 2016 - 2021 |
Forecast Period | 2022 - 2029 |
Market Size in 2018: | USD 5.75 Billion |
Base year considered | 2021 |
Forecast Period CAGR %: | 6.8% |
Market Size Expected in 2027: | USD 10.40 Billion |
Tables, Charts & Figures: | 175 |
Pages | 300 |
Key Players/Companies | Philips Healthcare, Lowenstein Medical Technology, ResMed, Carefusion, Cadwell, HOFFRICHTER GmBH, Weinmann Medical Technology, Breas Medical, Fisher &Paykal Healthcare, Honeywell International Inc., Medicraft Medical Systems Inc., Micomme Medical Technology, North-Southern Electronics Ltd., Sheyang RMS, Natus Medical Inc., Invacare Corporation, Compumedics Limited, and others. |
Segments Covered | By Disease Type, By Product Type, By End-User |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
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