Global sleep apnea devices market is
expected to reach over USD 7,991.2 Million by 2022 according to a new report by
Grand View Research Inc. Technological advancements pertaining to the
development of novel PAP devices and PAP masks which are portable, highly
efficient and are easy to use is expected to positively reinforce market
growth.
The U.S. has one of the highest numbers of
people suffering from sleep apnea. In 2014, as per the National Sleep
Foundation, more than 18 million adults across different age groups have sleep
apnea and nearly two to three percent cases are related to childhood OSA and
the numbers are much higher in children with habitual snoring. The increasing
prevalence of sleep apnea in co-morbidities and subsequent increase in the
diagnosis and treatment rate is a major factor expected to boost the product
sales over the next seven years.
The most common conditions associated with
this disorder include respiratory diseases, stroke, atrial fibrillation,
coronary artery disease, congestive heart failure, hypertension, obesity and
type II diabetes. The conditions such as COPD, asthma, and other respiratory
disorders are significantly contributing to the growth in the number of
obstructive sleep apnea (OSA) cases. Key reasons attributing to the
aforementioned medical condition include obesity, rising air pollution levels,
and life style factors such as smoking, substance abuse and lack of early stage
diagnosis. As per data published by theAmerican Thoracic Society (ATS), nearly
50% of the patients reported a significant disturbance in sleep quality and
quality of life. The patients suffering from COPD are reported to have the
higher chances of daytime sleepiness, insomnia and nightmares compared to the
general population.
The sleep apnea devices market is expected
to increase at a rapid pace over the forecast period an account of high
prevalence of sleep apnea in geriatric population coupled with increasing
instances of sleep apnea in co-morbidities.
On the basis of product, the market is
segmented as therapeutics and diagnostics devices. In terms of revenues, the
therapeutics segment accounted for the maximum share of over 47% and in terms
of volumes, this segment accounted for over 63% respectively. The therapeutics
devices segment is expected to continue its strong growth with a CAGR of 9.2%
for revenues and a CAGR of 10.7% for volumes over the forecast period.
Furthermore, the rise in demand for CPAP,
BiPAP, APAP devices, oral appliances and CPAP masks such as the full face
masks, nasal masks, and other products is expected to provide lucrative
opportunities for the market expansion over the forecast period.
Full Research
Report On Sleep Apnea Devices Market Analysis:
http://www.grandviewresearch.com/industry-analysis/sleep-apnea-devices-market
http://www.grandviewresearch.com/industry-analysis/sleep-apnea-devices-market
Further key findings from the study suggest:
·
In 2014, North America
dominated the sleep apnea devices market with the maximum volume share of 37%.
The presence of advanced healthcare infrastructure, reimbursement structure,
high prevalence and treatment rates for sleep disorders and COPD and the
significant rise in geriatric population are amongst the key reasons for the
high share.
·
The Asia pacific sleep apnea
devices market is expected to be the fastest growing region with a CAGR of
10.9% in terms volume for the next seven years. Rising geriatric population,
high target disease prevalence rates, deteriorating life style and sleep
patterns are expected to act as high impact drivers for the market growth in
this region. Moreover, increasing awareness about sleep disorders and the
establishment of several sleep testing labs and service centers is expected to
boost the usage rates over the forecast period.
·
Key market players include
ResMed, Phillips Healthcare, ImThera Medical Inc., Invacare Corporation, BMC
Medical Co.Ltd., Compumedics Limited, GE Healthcare, Braebon Medical
Corporation, Fisher & Paykel Healthcare, Nihon Kohden, Cadwell Laboratories,
and Curative Medical Inc.
View More Reports Of This Category By Grand View Research
At: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the Sleep
Apnea Devices market on the basis of product, technology, application, test
location, and region:
Sleep Apnea Devices Market Product Outlook, by Revenue
(USD Million, 2015 - 2022)
·
Sleep Apnea Therapeutic Devices
·
Diagnostic Devices
Sleep Apnea Therapeutic Devices Market Outlook, by
Revenue (USD Million, 2015 - 2022)
·
Airway Clearance Systems
·
Adaptive Servo-Ventilation
Systems
·
Positive Airway Pressure (PAP)
device
·
Oral Appliances
·
Oxygen Devices
·
Other Devices
Sleep Apnea Positive Airway Pressure Devices Market
Outlook, by Revenue (USD Million, 2015 - 2022)
·
Bilevel Positive Airway
Pressure (BiPAP)
·
Continuous Positive Airway
Pressure (CPAP)
·
Automatic Positive Airway
Pressure (APAP) device
Sleep Apnea Other Devices Market Outlook, by Revenue (USD
Million, 2015 - 2022)
·
Masks
·
Tubes
·
Humidifiers
·
Filters
Sleep Apnea Masks Market Outlook, by Revenue (USD
Million, 2015 - 2022)
·
Full Face Masks
·
Nasal Masks
·
Nasal Pillows
·
Nasal Prongs
·
Oral Masks
Sleep Apnea Diagnostic Devices Market Outlook, by Revenue
(USD Million, 2015 - 2022)
·
Actigraphy Systems
·
Polysomnography (PSG) device
·
Respiratory polygraphs
·
Single-channel screening
devices pulse oximeters
Sleep Apnea Market Volume, by Product, 2012 - 2020
(000’units)
·
Sleep ApneaTherapeutic Devices
·
Diagnostic Devices
Sleep Apnea TherapeuticDevicesMarket Volume, by
Product, 2012 - 2020 (000’units)
·
Airway Clearance Systems
·
Adaptive Servo-Ventilation
Systems
·
Positive Airway Pressure (PAP)
device
·
Oral Appliances
·
Oxygen Devices
·
Other Devices
Sleep Apnea Positive Airway Pressure (PAP)
deviceMarket Volume, by Product, 2012 - 2020 (000’units)
·
Bilevel Positive Airway
Pressure (BiPAP)
·
Continuous Positive Airway
Pressure (CPAP)
·
Automatic Positive Airway
Pressure (APAP) device
Sleep Apnea Other Devices Market Outlook, by
Product, 2012 - 2020 (000’units)
·
Masks
·
Tubes
·
Humidifiers
·
Filters
Sleep Apnea Masks Market Volume, by Product, 2012 - 2020
(000’units)
·
Full Face Masks
·
Nasal Masks
·
Nasal Pillows
·
Nasal Prongs
·
Oral Masks
Sleep Apnea Diagnostics Sleep Apnea Devices Market
Volume, by Product, 2012 - 2020 (000’units)
·
Actigraphy Systems
·
Polysomnography (PSG) device
·
Respiratory polygraphs
·
Single-channel screening
devices pulse oximeters
Sleep Apnea Therapeutics Sleep Apnea Devices Market ASP,
by Product, 2012 - 2020 (USD/Unit)
·
Airway Clearance Systems
·
Adaptive Servo-Ventilation
Systems
·
Positive Airway Pressure (PAP)
device
·
Oral Appliances
·
Oxygen Devices
·
Other Devices
Sleep Apnea Other Sleep Apnea Devices Market ASP, by
Product, 2012 - 2020 (USD/Unit)
·
Bilevel Positive Airway
Pressure (BiPAP)
·
Continuous Positive Airway
Pressure (CPAP)
·
Automatic Positive Airway
Pressure (APAP) device
Sleep Apnea Other Devices Market ASP, by Product,
2012 - 2020 (USD/Unit
·
Masks
·
Tubes
·
Humidifiers
·
Filters
Sleep Apnea Masks Market ASP, by Product, 2012 - 2020
(USD/Unit)
·
Full Face Masks
·
Nasal Masks
·
Nasal Pillows
·
Nasal Prongs
·
Oral Masks
Sleep Apnea Diagnostics Sleep Apnea Devices Market ASP,
by product, 2012 - 2020 (USD/Unit)
·
Actigraphy Systems
·
Polysomnography (PSG) device
·
Respiratory polygraphs
·
Single-channel screening
devices pulse oximeters
Sleep Apnea Devices Market Regional Outlook, by Revenue
(USD Million, 2015 - 2022)
·
North America
o U.S.
o Canada
o Mexico
·
Europe
o UK
o Germany
o France
·
Asia Pacific
o Japan
o China
o India
o Australia
·
RoW
o Brazil
Sleep Apnea Devices Market Regional Outlook,
by Volume, by Product, 2012 - 2020 (000’units)
·
North America
o U.S.
o Canada
o Mexico
·
Europe
o UK
o Germany
o France
·
Asia Pacific
o Japan
o China
o India
o Australia
·
RoW
o Brazil
Sleep Apnea Therapeutics Sleep Apnea
Devices Regional Outlook, by Market ASP, by Product, 2012 - 2020
(USD/Unit)
·
North America
o U.S.
o Canada
o Mexico
·
Europe
o UK
o Germany
o France
·
Asia Pacific
o Japan
o China
o India
o Australia
·
RoW
o Brazil
Access Full
Press Release of this Report: https://www.grandviewresearch.com/press-release/global-sleep-apnea-devices-market
About Grand
View Research
Grand View Research, Inc. is a U.S. based market research and consulting
company, registered in the State of California and headquartered in San
Francisco. The company provides syndicated research reports, customized
research reports, and consulting services. To help clients make informed
business decisions, we offer market intelligence studies ensuring relevant and
fact-based research across a range of industries, from technology to chemicals,
materials and healthcare.
For more
information: https://www.grandviewresearch.com/
