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Sleep Apnea Devices Market Growth, Trends And Forecasts (2017–2022)

(Medical-NewsWire.com, April 16, 2018 ) When airway is blocked during sleep it causes sleep Apnea. It has many negative effects if left untreated. Some of those effects are hypertension, cardiovascular diseases, impotency etc. The main cause of the problem is the oxygen deficiency. It also distorts the sleep cycle as the person is jerked awake because of the reflex action of the brain to heightened carbon dioxide levels. Sleepiness and tiredness are few symptoms of this disease. Several medical devices are used for the treatment of this disease.

The Global Sleep Apnea Devices market size was around USD 6.9 billion in 2017. It is expected to grow at a CAGR of 7.8% to reach USD 10.04 billion by 2022.

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Growing awareness regarding hypertension and other prevalent chronic diseases, rapid advancements in technology resulting in development of enhanced and improved techniques of treatment, high stress, long working hours, and increasing cases of depression and obesity are the key factors contributing towards a high market growth.However, expensive treatment procedures and high discomfort are inhibiting the growth of this market.

The market segmentation is very detailed with respect to product and broad by end user. Classification by product entails Therapeutic devices and Diagnostic devices. Classification by therapeutic devices entails Positive Airway Pressure (PAP) Devices, Facial Interfaces, Adaptive Servo-Ventilation Instruments (ASV), Airway Clearance Systems, Oxygen Concentrators, Accessories, and Oral Appliances. Positive Airway Pressure (PAP) Devices is further sub-categorized into CPAP Devices, APAP Devices, and BPAP Devices. Facial interfaces have masks as a sub-category which is further segmented into Nasal, Nasal pillow and full-face masks. Oxygen concentrators come in two categories namely stationary and portable. There are three main categories of accessories in the market namely pillows, chin restraints, and mask cleaning wipes.

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Oral appliances are of two kind’s namely mandibular advancement devices and tongue retaining devices. It is the largest market segment and also predicted to be the fastest growing market category in the forecast period. PAP accounted for the largest market share in 2016. However, oral market sub-segment is predicted to be the fastest growing market segment in the forecast period. Classification by diagnostic devices entails Polysomnography Devices, Respiratory Polygraphs, Single-Channel Screening Devices (Pulse Oximeters), and Actigraphy Systems.

Polysomnography Devices are of two types ambulatory and clinical. Pulse oximeters are further classified into fingertip, handheld, wrist-worn, and table top. PSG market category captured largest market share. However, single-channel device is expected to grow fastest in the forecast period. It is painless and non-invasive which is the reason for the observable trend mentioned above. Classification by end user entails home care settings and sleep laboratories & hospitals. Home care settings accounted for the largest market share and are expected to remain so till 2022.

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Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.

Contact Info:
Name: Mr. Abhishek Shukla
Email: abhishek@marketdataforecast.com
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626



Market Data Forecast.

Abhishek Shukla

+1-888-702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com

Source: EmailWire.com


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