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The global sleep apnea devices market was valued at USD 4.35 billion in 2018 and is expected to reach USD 8.81 billion in 2026, growing at a CAGR of 9.2% during the forecast period.<br><br>Sleep apnea is defined as a chronic respiratory sleep disorder which is normally characterized by breathing irregularities or disruptions during sleep. Sleep apnea indicates symptoms such as shallow breathing and incidences of frequent breaks and pauses in breathing while the patient is asleep.
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Sleep Apnea Devices Market 2020 Industry Outlook, Emerging Trends and Top Players Technological advancements in terms of modern healthcare devices which is coupled with ever increasing need for detecting and treating challenging disorders are some of the major factors driving the global sleep apnea devices market The global sleep apnea devices market was valued at USD 4.35 billion in 2018 and is expected to reach USD 8.81 billion in 2026, growing at a CAGR of 9.2% during the forecast period. Sleep apnea is defined as a human breathing disorder which results in symptoms such as loud snoring and choking during sleeping. Sleep apnea usually consists of three types which include obstructive sleep apnea, central sleep apnea, and complex sleep apnea syndrome. Fluctuation in breathing, loud snoring, occasional choking or snorting, lack of sleep and conscious attention, etc. are some of the major symptoms of sleep apnea disorder. Sleep apnea usually occurs due to obese physical structure, the large circumference of the neck, smoking and drinking habits, among others. Sleep apnea devices are developed in order to trace and treat this disorder as it is very difficult to detect with normal methods. Get a Sample Copy @https://www.alltheresearch.com/sample-request/229 The sleep apnea devices industry is primarily driven by an increase in the obese population and growing awareness for better health. Moreover, the availability of large venture capital funds to develop and offer the most efficient and technologically sound sleep apnea device is further propelling the industry growth. Key industry players are increasingly focusing on untapped markets in developing regions such as China and India to gain industry stronghold. The Covid19 pandemic is causing a ripple effect on the global economy and we are analyzing its impact on markets – both from the supply side and the demand side. With the entire ecosystem in view, we are mapping strategies necessary to survive and thrive in this scenario. Connect with our Analyst to understand the impact and be smart in redefining business strategies. https://www.alltheresearch.com/impactC19-request/229 Key Findings: • Based on the type, the diagnostic devices segment is estimated to lead the market in 2018 • Based on diagnostic devices sub-type, the polysomnography devices segment is expected to grow at the highest CAGR of around 14% during the forecast period • Based on the therapeutic devices sub-type, the oral appliances and accessories segment is anticipated to grow at the fastest rate of 13% during the forecast period
• Based on end user, the sleep laboratories & hospitals segment came out as a leading sector for the global sleep apnea devices market by accounting more than 78% of the total market, in 2018 • On the basis of region, North America region which is fueled by growth in banking and online retail segment, accounted largest market share globally by contributing more than 37% share in 2018 Recent News: • In July 2019, US based sleep apnea devices solution provider ResMed announced launch of AirFit N30i, which is its first top-of-head-connected nasal CPAP mask • In May 2016, Koninklijke Philips (Netherlands) introduced its sleep apnea device solutions in form of DreamWear mask, DreamStation PAP device, and DreamMapper patient engagement app Speak to Our Expert @ https://www.alltheresearch.com/speak-to-analyst/229 About AlltheResearch: AllTheResearch was formed with the aim of making market research a significant tool for managing breakthroughs in the industry. As a leading market research provider, the firm empowers its global clients with business-critical research solutions. The outcome of our study of numerous companies that rely on market research and consulting data for their decision- making made us realise, that it’s not just sheer data-points, but the right analysis that creates a difference. For all your Research needs, reach out to us at: 39180 Liberty Street Suite 110, Fremont, CA 94538, USA Contact Person: Rohit B. Email: contactus@alltheresearch.com US: 1-888-691-6870
