Title: Sleep apnea devices industry analysis research and trends report for 2021- 2027
1sleep apnea devices market trends research and
projections for 2021- 2027
- A research study conducted by Global Market
Insights, Inc., suggests that sleep apnea devices
market is likely to exceed the 11.6 billion mark
by 2027, in terms of revenue. Rising geriatric
population base, new technological advancements
and availability of insurance coverage for
treatment of sleep apnea other sleep disorders
are some of the prominent factors that will
support projected industry growth. - The requirement for advanced sleep apnea devices
is expected to growth as a result of growing
number of sleep disorders patients worldwide.
Companies manufacturer these devices are
constantly focusing on upgrading used technology
to enhance treatment outcomes. Types of sleep
apnea treatments that are currently available in
the market include CPAP (Continuous Positive
Airway Pressure), Mandibular Advancement Device
(MAD), and Tongue Retaining Device.
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2- Organizations like the U.S. Health Maintenance
Organization, Medicare and Preferred Provider
Organization provide insurance coverage for sleep
studies, sleep apnea, and continuous positive
airway pressure therapy. Obstructive sleep apnea
is a common disorder in older people of over 65
years of age.
- The prevalence of sleep apnea increases with age,
although the severity of the disorder, as well as
the morbidity and mortality associated with it,
may decrease in elderly. A decline in cognitive
functioning in older adults with sleep apnea may
resemble dementia. Hence, an intensifying
prevalence of chronic conditions associated with
sleep ailments is expected to boost the adoption
of sleep apnea devices.
- Preference for sleep apnea treatment is
intensifying across home care settings. Estimates
indicate that the home care settings
individuals category is expected to witness rapid
growth at 9.5 CAGR during the forecast
timeframe. Major aspects supporting this growth
include the adoption of oral appliances in the
home care settings, easy treatment availability,
and emergence of telemedicine remote care for
sleep apnea. Use of smart phones-based technology
for monitoring sleep apnea treatment has also
improved the comfort and convenience of in-home
sleep apnea treatment.
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4- Some of the key players operating in the sleep
apnea devices market include BMC Medical,
Weinmann Medical Devices, CareFusion Corporation,
Nihon Kohden, Natus Medical, Compumedics, Cadwell
Laboratories, SOMNOmedics, Philips Healthcare,
Braebon Medical, Fisher Paykel Healthcare, GE
Healthcare, ImThera Medical, Somnetics
International, Invacare Corporation, Curative
Medical, Itamar Medical, ResMed, and Teleflex.
Research and development activities are carried
out in large by these firms for introducing novel
sleep apnea devices for patients.
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5Latest Research Report On sleep apnea devices
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sis/sleep-apnea-devices-market-report
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