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Get more details @ http://bit.ly/2cBYcev <br>The industry is highly competitive due to the presence of established players. Some of the substitutes for sleep apnea include tongue retracting devices, jaw repositioning devices and tissue removal systems.
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Sleep Apnea Devices Market Share, Industry Analysis, Research Report by 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024
KeyInsights from Sleep Apnea Devices Market: • Rapid advancements in technology for sleep apnea devices coupled with growing geriatric population across the world should drive the global sleep apnea devices market growth over the forecast period. • Rising prevalence of sleep apnea disorder with changing lifestyle habits such as unhealthy sleep patterns, smoking and excess alcohol consumption causes sleep related disorder and further drive industry growth. • Growing government initiatives for increasing awareness levels among people regarding sleep related diseases due to growing incidence of Obstructive Sleep Apnea (OSA) across the world. • Rising advancement in technology for sleep apnea devices will ensure effective diagnosis and treatment which will enhance patient outcomes and upsurge demand for the product. • Therapeutic devices accounted for significant revenue share in 2016. Increasing demand for highly effective therapeutic devices such as oral appliances, Adaptive Servo-Ventilation (ASV), oxygen devices and various other will drive industry growth over the forecast period.
Continued... • Positive airway pressure (PAP) therapeutic device will witness robust growth over the forecast timeframe. • CPAP device is cost effective and improves sleepiness, hypertension, and various cardiovascular diseases. Such factors should drive industry growth. • U.S. sleep apnea devices market size should witness robust growth over the forecast period. • UK should witness robust growth in sleep apnea devices market over the forecast period. Increasing funding on research activities and rising patient awareness levels regarding treatment for snoring and sleep should drive industry growth in the coming years. • India sleep apnea devices market should grow at significant rate over the forecast period. The growth is attributed to increasing prevalence of sleep apnea disorder and growing government initiatives to increase awareness. • Some of the key players operating in sleep apnea devices includes Philips, Braebon Medical, Compumedics, ResMed, GE Healthcare, Cadwell Laboratories, Invacare, Carefusion and Fisher & Paykel Healthcare.
U.S. Sleep Apnea Devices Market, By Product, 2013 – 2024 (USD Million)
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