Title: Sleep Apnea Devices Market to surpass $8.5bn by 2023
1Sleep Apnea Devices Market to see growth of 7
from 2016 to 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2Key Insights from Sleep Apnea Devices Market
- Ongoing medical advancements and increasing
awareness regarding the severity of sleep apnea
is expected to be the vital factor driving sleep
apnea devices market. - Increasing lifestyle induced diseases such as
obesity and cardiovascular are giving rise to
growing prevalence of sleep apnea. A study
suggests that over 50 of the global adult
population habitually snore, which leads to
growth in the rate of obstructive sleep apnea
(OSA). - Sleep apnea devices market is at a developing
stage and will see a profitable future with
rapidly growing attention towards sleep related
disorders. - The oral appliances segment is estimated to
surpass USD 1 billion by 2023. The flexibility in
usage of this device and its generous
recommendation to large patient pool is
generating lucrative growth prospects in sleep
apnea devices market.
3Continued...
- A large pool of untapped opportunities in the
emerging nations will provide sleep apnea devices
industry with rewarding grounds over the years to
come. - China sleep apnea devices market is expected to
register to a CAGR of 11 from 2016-2023. - Japan market, contributing more than 44 of the
total regional revenue in 2015, is projected to
witness heavy gains in the coming six years. - U.S. sleep apnea devices industry is projected to
register a CAGR of 7.5 over the span of
2016-2023. - UK sleep apnea devices industry is set to grow at
a CAGR of 7 over 2016-2023. Favorable government
initiatives in this regard will surge the
industry growth. - Prominent companies operating in sleep apnea
devices market include ResMed, Carefusion,
Cadwell Laboratories, Philips Respironics,
Braebon Medical, and Compumedics.
4Germany sleep apnea devices market size, by
product, 2012-2023 (USD Million)
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6Table of Content
Chapter 1. Methodology and Scope 1.1.
Methodology 1.1.1. Initial data
exploration 1.1.2. Statistical model and
forecast 1.1.3. Industry insights and
validation 1.1.4. Research parameters and
definitions 1.2. Data Sources 1.2.1. Primary
1.2.2. Secondary Chapter 2. Executive
Summary 2.1. Sleep Apnea Devices industry 3600
synopsis, 2012 - 2023 2.1.1. Business
trends 2.1.2. Product trends 2.1.3. Regional
trends
7Table of Content
Chapter 3. Sleep Apnea Devices Industry
Insights 3.1. Industry segmentation 3.2.
Industry size and forecast, 2012 - 2023 3.3.
Industry impact forces 3.3.1. Growth
drivers 3.3.1.1. Growing geriatric population
base 3.3.1.2. Growing prevalence of sleep
apnea 3.3.1.3. Growing prevalence of sleep
apnea co-morbidities 3.3.1.4. Introduction of
technological advancements 3.3.2. Industry
pitfalls challenges 3.3.2.1. Lack of patient
compliance 3.3.2.2. Economic impact of sleep
apnea 3.4. Growth potential analysis 3.5.
Porters analysis 3.6. Company market share
analysis, 2015 3.7. PESTEL analysis
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