Sleep Apnea Device Market: Information By Type (Diagnostic Devices and Therapeutic Devices), By End User (Home Care Settings and Sleep Laboratories & Hospitals) and Region (Americas, Europe, Asia-Pacific and the Middle East & Africa) - Forecast till 2027
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However, the sleep apnea devices market has a chance to find obstacles in the shape of ignorance. In developing and under-developed countries, people either ignore it or are not aware of the disease, which may hold back the sleep apnea devices market growth.
Sleep Apnea Devices Market Segmentation:
The global sleep apnea device market has been studied by MRFR experts on the basis of type and end-user. This segmentation aims to reveal a detailed analysis of various aspects to boost the sleep apnea devices market in finding better growth.
By type, the report on the sleep apnea device market includes therapeutic and diagnostic sleep apnea devices. The therapeutic device segment comprises Positive Airway Pressure (PAP) devices, Continuous Positive Airway Pressure (CPAP), accessories, oral appliances, Adaptive Servo-Ventilators (ASV), facial interfaces (mask), and other therapeutic devices like oxygen concentrators and airway clearance systems. The therapeutic device segment had the largest sleep apnea devices market share in 2016 better patient compliance and improvement in technologies to inspire this segment’s growth. The diagnostic device segment includes Polysomnographs (PSG) and oximeter.
By end-user, the global study on the sleep apnea device market includes hospitals, sleep laboratories, and home care. The home care/individual segment has the opportunity to garner maximum speed during the forecast period.
Sleep Apnea Devices Market Regional Outlook:
Various trends and inclusion of top-end models would ensure that the North American sleep apnea devices market retains its dominance. The global sleep apnea devices market trends point at companies from the region as major influencers. In Canada and the US, increasing market expenditure is expected to help the market make progress. In Asia Pacific, an increase in the identification of the disease is slated to open up opportunities for expansion.
Sleep Apnea Devices Market Competitive Analysis:
The sleep apnea devices market growth depends on the strategic moves launched by companies like Cadwell Laboratories Inc, MedTech, Fisher & Paykel Healthcare Limited, Consumer Sleep Solution LLC, Invacare Corporation, Natus Medical Incorporated, Nihon Kohden Corporation, Philips Healthcare, Resmed Inc, Koninklijke Philips, SomnoMed, Compumedics, Lowenstein Medical, Drive Devilbiss Healthcare, BMC Medical, and Braebon Medical Corporation.
Sleep Apnea Devices Industry News:
Researchers launched a new way of finding sleep apnea. That is through an app ‘ApneaTracker’, that monitors snoring using a microphone and the sleeping position of the user with sensors of a smartphone or smartwatch.
Sommetrics, Inc., a prominent company dedicated to improving sleep patterns, declared that it filed an application with the FDA for Emergency Use Authorization for their latest product aerSleep® II that aims at simplifying sleep process of patients affected by the COVID-19.
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NOTE: Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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