The report “Global Sleep Apnea Devices Market: by Segment (Diagnostic and Therapeutic Devices) – Trends and Forecasts till 2019” is expected to reach a value of $27,423.4 million by 2019, estimated to grow at a CAGR of 16.6% from 2014 to 2019.
Browse through the TOC of “Global Sleep Apnea Devices Market: by Segment (Diagnostic and Therapeutic Devices) – Trends and Forecasts till 2019” for an analysis of industry trends and segments, with the help of various tables and figures.
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Sleep apnea is a sleep disorder characterized by abnormal pauses in breathing or instances of abnormally low breathing during sleep. There are three basic forms of sleep apnea, namely Central Sleep Apnea (CSA), Obstructive Sleep Apnea (OSA), and Complex/Mixed sleep apnea, constituting 0.4%, 84%, and 15% of the total cases, respectively. The penetration level of sleep apnea diagnosis as well as therapy remains low globally, due to a lack of adequate awareness among both patients and physicians. However, due to the association of co-morbidities such as drug-resistant hypertension, congestive heart failure, type 2 diabetes, and stroke with sleep apnea, awareness of the disease is gradually increasing.
The global sleep apnea devices market is mainly driven by the colossal pool of sleep apnea patients, increasing awareness, growing use of oral appliances, and technological advancements. The market is dominated by North America, followed by Europe, Asia, and Rest of the World (RoW). North America will continue to lead the sleep apnea devices market in the near future, followed by Europe. As reimbursement policies have become more consistent across the European countries, sustained steady growth is expected.
The Asian region’s contribution to the global sleep apnea devices market is expected to pick up in the coming years, as the medical condition has now been recognized, both by patients and the medical fraternity. Moreover, growth in the Asian market is likely to be propelled by a large untapped patient base, gradual increasing awareness, rising affluence, growth in the number of sleep labs in sleep centers and hospitals, and an influx of well-established players.
The global sleep apnea devices market is segmented on the basis of type into sleep apnea diagnostics devices and sleep apnea therapeutic devices. On the basis of geography, the report analyzes major regions and countries such as the North America, Europe, Asia, and ROW.
This report also includes the market share, value chain analyses, and market metrics such as drivers, restraints, and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market.
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