Sleep Apnea Devices Market share expected to witness 7.5% CAGR from 2017 to 2024

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Sleep Apnea Devices Market Share, Industry
Analysis, Research Report by 2024 Global Market
Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Sleep Apnea Devices Market

• Rapid advancements in technology for sleep apnea
  devices coupled with growing geriatric population
  across the world should drive the global sleep
  apnea devices market growth over the forecast
  period.
• Rising prevalence of sleep apnea disorder with
  changing lifestyle habits such as unhealthy sleep
  patterns, smoking and excess alcohol consumption
  causes sleep related disorder and further drive
  industry growth.
• Growing government initiatives for increasing
  awareness levels among people regarding sleep
  related diseases due to growing incidence of
  Obstructive Sleep Apnea (OSA) across the world.
• Rising advancement in technology for sleep apnea
  devices will ensure effective diagnosis and
  treatment which will enhance patient outcomes and
  upsurge demand for the product.
• Therapeutic devices accounted for significant
  revenue share in 2016. Increasing demand for
  highly effective therapeutic devices such as oral
  appliances, Adaptive Servo-Ventilation (ASV),
  oxygen devices and various other will drive
  industry growth over the forecast period.

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Continued...

• Positive airway pressure (PAP) therapeutic device
  will witness robust growth over the forecast
  timeframe.
• CPAP device is cost effective and improves
  sleepiness, hypertension, and various
  cardiovascular diseases. Such factors should
  drive industry growth.
• U.S. sleep apnea devices market size should
  witness robust growth over the forecast period.
• UK should witness robust growth in sleep apnea
  devices market over the forecast period.
  Increasing funding on research activities and
  rising patient awareness levels regarding
  treatment for snoring and sleep should drive
  industry growth in the coming years.
• India sleep apnea devices market should grow at
  significant rate over the forecast period. The
  growth is attributed to increasing prevalence of
  sleep apnea disorder and growing government
  initiatives to increase awareness.
• Some of the key players operating in sleep apnea
  devices includes Philips, Braebon Medical,
  Compumedics, ResMed, GE Healthcare, Cadwell
  Laboratories, Invacare, Carefusion and Fisher
  Paykel Healthcare.

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U.S. Sleep Apnea Devices Market, By Product, 2013
2024 (USD Million)

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