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Sleep Apnea Devices Market Worldwide Industry Analysis

The market is mainly driven by the increasing patient pool for sleep apnea on account of increasing obesity globally, improving patient compliance owing to stringent reimbursement regulations, increasing home sleep testing as well as initiatives to increase awareness globally.<br><br>Access Detailed Report Summary: https://www.psmarketresearch.com/market-analysis/sleep-apnea-devices-market<br>

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Sleep Apnea Devices Market Worldwide Industry Analysis

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  1. Sleep Apnea Devices Market to Reach Close to $6.5 Billion by 2023

  2. Sleep Apnea Devices Market Global sleep apnea devices market is expected to reach approximately $6.5 billion by 2023, according to P&S Market Research. Based on product, the sleep apnea devices market has been categorized into diagnostic and therapeutic devices. During the forecast period, the market demand for therapeutic devices is expected to witness faster growth. Therapeutic devices are further categorized into positive airway pressure (PAP) devices, facial interfaces, oral appliances, adaptive servo-ventilators (ASVs), and others. Among all the types of therapeutic devices, PAP devices are expected to exhibit the fastest growth in the sleep apnea therapeutic devices market during the forecast period. Explore Report with Detailed TOC at: https://www.psmarketresearch.com/market-analysis/sleep-apnea-devices-market

  3. Sleep Apnea Devices Market Market is predicted to witness the fastest growth in APAC For instance, in March 2018, Philips India Ltd., a subsidiary of Koninklijke Philips NV, conducted a survey “Better Sleep, Better Health: A Global Look at Why We’re Still Falling Short on Sleep”. According to it, 15,000 adults across 13 countries (U.S., U.K., Germany, Poland, France, India, China, Australia, Colombia, Argentina, Mexico, Brazil and Japan) reported certain results for sleep disorders— 61% of the respondents reported medical issues impacting sleep. Of them, insomnia afflicted 26% and snoring kept awake 21% of the respondents. Worrying (58%) and technology distractions (26%) were the other major impediments to good sleep. In India, 19% of the adults reported overlapping of work hours with normal sleep time (shift-work-sleep disorder) as a key barrier to sleep. Another 32% of the adults from India reported technology as a major sleep distractor.

  4. Sleep Apnea Devices Market Market players are focusing on product innovations to expand their business In order to increase their market share, key players in the sleep apnea devices industry are developing new products to expand their product portfolio. For instance, in May 2018, Fisher & Paykel Healthcare launched F&P SleepStyle, a CPAP device used in the treatment of obstructive sleep apnea (OSA). The device offers built-in cellular and Bluetooth connectivity options, which ensures that both patients and clinicians receive information when required. SleepStyle will be available in New Zealand and Australia in June, and in other countries, upon receipt of the relevant regulatory clearances.

  5. Sleep Apnea Devices Market Some of the other major players operating in the sleep apnea devices market are ResMed Inc., Koninklijke Philips N.V., SleepMEd Inc., SomnoMed Ltd., Compumedics Limited, Löwenstein Medical GmbH & Co. KG., BMC Medical Co. Ltd., Drive DeVilbiss Healthcare, and Braebon Medical Corporation.

  6. Sleep Apnea Devices Market Download report sample at: https://www.psmarketresearch.com/market-analysis/sleep-apnea-devices-market/report-sample

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