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Sleep Apnea Devices Market Size, Share, Growth, and Forecast to 2029 | DataMIntelligence

April 8th, 2022 DataM Intelligence Releases

Market Overview

The global market value of sleep apnea devices from home care settings/individuals is estimated to grow at a CAGR of 6.8% during the forecast period (2022-2029) to reach a market value of USD XX million by 2029.

Sleep Apnea is a respiratory disorder caused due to disruption of breathing during sleeping commonly observed in obesity people and diabetes patients resulting in loud snoring due to blockage of air during breathing. Smoking, alcohol consumption, improper sleeping habits, hereditary, usage of medicines with sedative effects lead to sleep apnea.

There are three types of sleep apnea namely obstructive sleep apnea, central sleep apnea and mixed sleep apnea. In obstructive sleep apnea throat muscles relax intermittently and blocks the air passage during sleep.

There are several types of sleep apnea, but the most common is obstructive sleep apnea. This type of apnea occurs when your throat muscles intermittently relax and block your airway during sleep. A noticeable sign of obstructive sleep apnea is snoring. central sleep apnea occurs when human brain stops sending proper signals to the muscles that control breathing and mixed sleep apnea combination of both.

At present, abundant sleeping gadgets and a new-fangled raft of technology is assisting people with sleep apnea condition. Several features are

 

Download Sample Brochure @ https://www.datamintelligence.com/download-sample/sleep-apnea-devices-market

 

Market Dynamics:-

Increasing Awareness Among the Patient Population

Increasing the awareness and improving the diagnosis and treatment of sleep disorders necessitates a multipronged effort that includes three key components: public education, training for health professionals, and surveillance and monitoring.

Clinicians frequently recommend a good night’s sleep for their patients but rarely focus on the issue when seeing them in the clinical setting. Sleep problems may also be increasing in developing nations as a recent study suggested that almost 17% of patients surveyed across eight countries in Asia and Africa reported trouble with sleep (as per NCBI).

 

COVID-19 Impact Analysis

The growth of the sleep apnea devices market has massively increased due to the sudden outbreak of the COVID-19 pandemic. In 2020, companies faced certain operational and logistic challenges due to the imposition of nationwide lockdowns. However, eventually, the massive influx of COVID-19 patients and the adverse impact of the virus on sleep apnea patients led to a rise in the demand for and production of sleep apnea devices, such as PAP devices, masks, and sleep ventilators.

The trend is shifting towards mHealth apps for remote monitoring of sleep, enhancement of patient outcomes, and real-time screening of patient data. Detection of symptoms of SA are done by the built-in sensor technology available in smartphones.

 

Market Segmentation

  • By Device Type
  • By Distribution Channel
  • By Region

 

By Device Type – Therapeutic Devices

Therapeutic devices are registering robust growth over the forecast period due to increasing patient awareness levels. According to American Sleep Apnea Association in 2018, it is estimated that XX million Americans suffer from sleep apnea and XX% of adults aged 30-70 years have obstructive sleep apnea.

Therapeutic devices are further categorized into PAP devices, facial interfaces, oral appliances, adaptive servo-ventilators and others. PAP devices dominate therapeutic devices segment as they have the facility of adjusting pressure and auto adjustments can be made based on patients need and sleep stage. CPAP, Bi Level PAP, Auto CPAP and ASV are the most common used PAP devices.

Increasing awareness of these disorders, the increasing availability of technologically advanced devices, the growing number of local government efforts, and patient dedication to effective care are all aspects that are projected to generate lucrative prospects for device makers which will result in increasing the growth of the segment.

 

Geographical Analysis

South America sleep apnea devices market has the moderate growth rate owing to the factor such as shorter sleep duration, high healthcare expenditure and increasing prevalence of sleep apnea in the region.

The geriatric population in the Brazil along with high number of obese adults is one of the factors responsible for the rising prevalence of sleep disorders in the country. Furthermore, the inadequate sleep has an economic burden in the country.

 

Competitive Analysis

The sleep apnea devices market is fragmented in nature with the presence of various international as well as regional players. Some of the leading players operating in the market are Philips Healthcare, Cadwell Laboratories Inc., Fisher & Paykel Healthcare Limited, Natus Medical Incorporated, ResMed, Nihon Kohden Corporation, Invacare Corporation, keepMED Ltd., Sleep score, BMC Medical CO., Ltd, ImThera Medical Inc. and others.

With the rising technological advancements and product innovations, mid-size and small-scale companies are increasing their market presence by introducing new devices into the market at competitive prices.

 

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About Us:

DataM Intelligence was established on an elemental idea of publishing Advanced Market Research Reports with precise data points & utmost accuracy that will accelerate the decision-making in designing disruptive solutions.

 

Media Contact:

Name: Sai Kiran
Company: DataM Intelligence
Contact No: +1 8774414866
Email us: info@datamintelligence.com

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