Global Sleep Apnea Devices Market
Forecast and Trends
of the key factors influencing market growth is the growing prevalence of
obstructive sleep apnea (OSA) among the worldwide population. Also, growing
awareness regarding the target condition, early disease diagnosis, rising
patient adherence for positive airway pressure devices, and growing medical
coverage for sleep apnea devices are further expected to drive the market growth
over the forecast period.
the entrance of technologically advanced products by market participants
directed at improving patient safety, comfort, and adoption is expected to
improve treatment rates, especially in developed countries. For example, North
America is one of the most organized markets for sleep apnea devices, due to
high product adoption combined with government initiatives intended at reducing
the healthcare burden associated with sleep apnea. Also, the availability of
reimbursement policies that reduce the out of pocket expenditure is one of the
main factors driving the global sleep apnea devices market growth.
awareness linked to sleep disorders in lower and middle-income nations and
severe compliance standards set by third-party payers that leads to limited
reimbursement is obstructing the market growth. Also, the inconvenience caused
by sleep apnea devices to the wearer while sleeping and the high cost of these
devices are also restricting their adoption in developing and underdeveloped
Sleep Apnea Devices Market: Overview
Sleep apnea is a potentially bad sleep
disorder which occurs when a person's breathing during sleep is disturbed.
People with uncontrolled sleep apnea avoid breathing repeatedly, often hundreds
of times throughout the night, throughout their sleep. There are two forms of
apnea for sleep: obstructive, and central. The more severe of both is
obstructive sleep apnea (OSA). Obstructive sleep apnea is distinguished by
frequent periods of total or partial blockage of the upper airways during
sleep. The diaphragm and chest muscles function faster during an apnea event,
as the urge to expand the airway rises. Normally breathing returns with a
sudden scream, or body shake. These events can interfere with sound sleep,
decrease the flow of oxygen to vital organs, and lead to heart rhythm
number of Undiagnosed Sleep Apnea Patients
Sleep apnea is a very prevalent disorder
that increases cardiovascular and metabolic disease-related morbidity and
mortality, contributes to the risk of the motor vehicle and occupational
accidents, and reduces occupational productivity. The repeated episodes of
upper airway obstruction that characterize OSA have been attributed to both
anatomic loads (e.g., retrognathia, micrognathia, excess pharyngeal mucosal
tissues, large parapharyngeal fat pads) on the upper airway and impairments in
neuromuscular responses. Potential treatments for OSA can be considered in
light of the mechanisms identified to be important in its pathogenesis.
Global Sleep Apnea Devices Market: Product
on product, the global Sleep Apnea Devices market segmented into Therapeutic,
and Diagnostic. The therapeutic devices product type segment is expected to
dominate the market due to increasing disease awareness among patients,
availability of advanced technological products, and growing market
competition. For instance, Philips Respironics introduced DreamStation Go,
which is a travel-friendly positive airway pressure (PAP) device for the active
patient population. In March 2019, ResMed acquired HB Healthcare to strengthen
its distribution network in the Asia Pacific. These initiatives adopted by
companies to be at the lead are driving the growth of the segment.
Global Sleep Apnea Devices Market: End-Use
on End-Use, the global Sleep Apnea Devices market segmented into Sleep
Laboratories and Hospitals, and Home Care Settings/Individuals. Home Care
Settings/Individuals segment is expected to grow at significant rate due to an
increase in the number of sleep disorder patients globally. An increasing
number of undiagnosed sleep apnea sufferers, the developing reimbursement
scenario for these sleep devices, and the increase in usage of oral appliances
are some of the key factors which are anticipated to fuel the market growth
during the projected period.
Global Sleep Apnea Devices Market: Regional
Based on region, the global Sleep Apnea Devices market
segmented into North America, Europe, Asia Pacific, Latin America, and Middle
East & Africa. North America is expected to dominate the global sleep apnea
devices market during the forecast period. Increasing awareness of sleep apnea,
large patient pool, and presence of international manufacturers are expected to
strengthen the market share of this region. Furthermore, the number of
therapeutic tests conducted in the North America region for confirming the
presence of sleep apnea is rapidly growing as a large number of people are more
concerned regarding the health risks emerging out of this condition, thus
propelling the market growth over the forecast period.
The major players in the global Sleep Apnea Devices are Curative
Medical Inc., Philips Respironics, ResMed, Fisher & Paykel Healthcare,
Cadwell Laboratories, and Invacare Corporation, ResMed, Philips Respironics and other prominent players.
Ø April, 2020: Royal
Philips, a global leader in health technology, announced that it can help
general practitioners and healthcare institutions manage the increased patient
flows resulting from the COVID-19 outbreak through a dedicated and scalable
telehealth solution that facilitates the use of online screening, follow-up
questionnaires and monitoring, and external call center collaborations. It aims
to prevent unnecessary visits to general practitioners and hospitals and
enables the remote monitoring of the vast majority of COVID-19 patients that
are in quarantine at home.
Ø March, 2020: Invacare
Corporation announced the launch of the Invacare® AVIVA™ FX Power Wheelchair,
setting a new standard for the front-wheel drive power mobility market. The
power wheelchair will be available for order on Friday, March 6, 2020.
Airway Pressure (PAP) Devices
Laboratories and Hospitals
Ø North America
Ø Asia Pacific
Ø Latin America
Ø Middle East &
The objective of the Study:
Ø To analyze and forecast the global Sleep Apnea
Devices Market size of the market in terms of value.
Ø To examine the careful market segmentation and
forecast the market size, in terms of value, based on the region by segmenting.
Ø The Global Sleep Apnea Devices Market segmented
into five regions, namely, North America, Europe, Asia Pacific, Latin America,
Middle East & Africa and their leading countries.
Ø To outline, categorized, and forecast the global Sleep
Apnea Devices Market based on the product and end-use.
Ø To examine competitive developments like
technological advancement, services, and regulative framework within the global
Sleep Apnea Devices Market.
Ø To highlight the impact analysis of the factors
affecting the market dynamics such as drivers, restraints, opportunities, and
Ø To strategically profile the key players and
comprehensively analyze their market shares along with detailing the
competitive landscape for market leaders.