The Sleep Apnea Devices Market Report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Sleep Apnea Devices Industry Report covers the present scenario and the growth prospects of the Sleep Apnea Devices Market for 2017-2021. The research was conducted using an objective combination of primary and secondary information including inputs from key participants in the Sleep Apnea Devices industry.
Sleep Apnea Devices Market is poised to reach USD 6.70 billion by 2021 with 7.8% CAGR during the forecast period of 2016-2021
Sleep Apnea Devices Market analysis is provided for global market including development trends by regions, competitive analysis of the Sleep Apnea Devices market. Sleep Apnea Devices Industry report focuses on the major drivers and restraints for the key players.
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In 2015, ResMed, Inc. (U.S.), Philips Healthcare (Netherlands), and Fisher & Paykel Healthcare Ltd. (New Zealand) dominated the global sleep apnea devices market. The other players include SomnoMed Ltd. (Australia), Compumedics Limited (Australia), Weinmann Medical Devices GmbH (Germany), Whole You, Inc. (U.S.), BMC Medical Co., Ltd. (China), DeVilbiss Healthcare (U.S.), and Braebon Medical Corporation (Canada).
Sleep Apnea Devices Market DRIVERS:
- Growing awareness regarding the ill effects of untreated sleep apnea in North America
- Growing usage of oral appliances
- Technological advancements
- Disability Tax Credit for sleep apnea in Canada
- Large pool of undiagnosed sleep apnea patients
Sleep Apnea Devices Market RESTRAINTS:
- Alternative treatments for sleep apnea
Sleep Apnea Devices Market OPPORTUNITIES:
- Emerging markets in developing countries
- Influx of VC funding
- Companies venturing into the sleep apnea and oral appliances market
Sleep Apnea Devices Market CHALLENGE:
- Lack of patient compliance
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Sleep Apnea Devices Market Segmentation Based On Region:
- North America: 51.9%
- Europe: 32.6%
- APAC: 10.5%
- RoW: 5.0%
Sleep Apnea Devices Market Segmentation Based On Application:
On the basis of end user, the home care settings segment is estimated to account for the largest share of the global market in 2016. The high growth of this segment can be attributed to the preference for home care in sleep apnea diagnosed patients.
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Sleep Apnea Devices Market Segmentation Based On Technology:
On the basis of product, the therapeutic devices segment is expected to command the largest share of the global sleep apnea devices market, in 2016; it is also expected to grow at the highest CAGR during the forecast period. The large market share of this segment can be attributed to the wide use of these compact devices in the treatment of sleep apnea.
Sleep Apnea Devices Market Segmentation Based On End-User:
No. of Pages: 179
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