Global Sleep Apnea Diagnostic And Therapeutic Market Trends 2019-2027 - PowerPoint PPT Presentation

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Global Sleep Apnea Diagnostic And Therapeutic Market Trends 2019-2027

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The global sleep apnea diagnostic and therapeutic market is anticipated to grow at an estimated CAGR of 6.72% between 2019-2027. – PowerPoint PPT presentation

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Title: Global Sleep Apnea Diagnostic And Therapeutic Market Trends 2019-2027


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GLOBAL SLEEP APNEA DIAGNOSTIC AND THERAPEUTIC
MARKET
FORECAST 2019-2027
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  • The disorder of sleep apnea occurs when a
    patients breathing patterns during sleep
    decreases or pauses momentarily (called apnea)
    for 10 seconds or longer and it can occur 30
    times or more in an hour.
  • The global sleep apnea diagnostic and therapeutic
    market is anticipated to generate revenue of
    9,986 million by 2027 and will grow at an
    estimated CAGR of 6.72 between 2019 and 2027.
  • Increase in the number of shift workers, the
    rising prevalence of sleep apnea and the
    technological advancements are mainly driving the
    market growth.

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  • Obesity is considered a major risk factor in the
    development and progression of sleep apnea.
  • The prevalence of sleep apnea in obese patients
    is almost two-fold higher than the normal case.
    Some of the factors that are expected to
    contribute to the sleeping disorders in the
    elderly population are retirements, various
    cognitive problems, excessive daytime sleepiness,
    and many more.
  • The medical devices are specialized equipment
    that requires government approval for their sale.
    Obtaining approval can be a time-consuming and
    high-cost procedure, which can affect market
    growth. The need for RD efforts and low heat
    resistance are the major factors hindering the
    sleep apnea diagnostic and therapeutic market.

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The Global Sleep Apnea Diagnostic and
Therapeutic Market is estimated to grow at a CAGR
of 6.72 between 2019 and 2027.
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The North America market for sleep apnea
diagnostic and therapeutic services are expected
to proliferate at a CAGR of 6.00 during the
forecasting years of 2019-2027.
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The Europe Market for Sleep Apnea Diagnostic and
Therapeutic Market is proliferating at a CAGR of
6.15 during the forecasting years of 2019-2027.
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The Asia Pacific Sleep Apnea Diagnostic and
Therapeutic Market is estimated to grow from xx
million in 2018 to xx million by 2027, at a CAGR
of 8.67 between 2019 and 2027.
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The major market players operating in the market
are CareFusion (Merged With Becton Dickinson),
Koninklijke Philips N.V. (Philips), Resmed Inc.,
Nihon Kohden Corporation, Medtronic PLC, Smiths
Group PLC (Smiths Medical), Itamar Medical Ltd.,
Invacare Corp., Fisher Paykel Healthcare, Drive
Devilbiss Healthcare, Cadwell, GE Healthcare,
Teleflex, Braebon Medical Corporation and
Somnomedics. These market players follow several
key developmental strategies and focus on
launching innovative diagnosis products to cater
to patients as well as medical professionals
requirements and to strengthen their market share.
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