Sleep Apnea Devices Industry Manufacturers Analysis 2018-2022 with Philips N.V., GE Healthcare etc.
Sleep Apnea Devices Market report explores Scope of the Study as Research Objective, Assumptions and Limitations in-depth. The report gives Market Dynamics by Drivers, Restraints, Opportunities, Challenges, Macroeconomic Indicators and Technology Trends & Assessment.
Pune, India – September 28, 2018 /MarketersMedia/ —
Sleep Apnea Devices are basically these therapeutic devices used to give some relief to the people suffering from the serious disorder known as Sleep Apnea. Various types of devices are available to treat sleep breathing disorders. Although, every device has its own set of pros & cons, all these Sleep Apnea Devices are effectively providing a significant amount of relief and evade further complications by treating causative factors of Sleep Apnea.
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The Global Sleep Apnea Device Market is expected to reach an approximate CAGR of 7.8% during the forecast period. Globally the market for Sleep Apnea Devices is increasing rapidly due to growth in the increasing number of patients for sleep apnea on account of increasing obesity problems globally and also due to the increasing number of Obstructive Sleep Apnea (OSA) patients along with the increasing aging population.
Industry/Innovation/Related News:
February 22, 2018 – Zennea Technologies (Canada), has won itself title of a notable start up by securing the best overall prize for itself. The value money is $35,000 & awarded by the annual Coast Capital Savings Venture Prize competition that awards entrepreneurialism for its new development of a portable battery-operated device – “sleep wearables”. The device is smaller, yet, helps reduce snoring. The company hopes that “sleep wearables” will become an alternative to large CPAP machines.
Sleep Apnea Devices Market – Key Players
Some of the key players in this market are: ResMed (U.S), Fisher & Paykel Healthcare Limited (New Zealand), Koninklijke Philips N.V. (Netherlands), GE Healthcare (U.S), Braebon Medical Corporation (Canada), ImThera Medical Inc. (U.s), Cadwell Industries, Inc (U.S), Invacare Corporation (U.s), BMC Medical Co, Ltd (China), Curative Medical (U.S) and others.
Sleep Apnea Devices Market – Competitive Analysis
Sleep Apnea Devices Market appears to be competitive & fragmented owing to the presence of many matured & small key players accounting for a substantial market share. These market players try to gain competitive advantage through strategic partnership, acquisition, expansion, collaboration, product & technology launch. Acknowledging need of the hour, they develop a range of devices with advent technology and efficacies. For which they are adopting the technologies like IoT, robotics, nanotechnology, wearable technology & non-invasive medical technologies.
Sleep Apnea Devices Market – Segments
For the convenience of the report and enhanced understanding; the report – Sleep Apnea Devices market is segmented in to 3 key dynamics
By Products: Comprises Mouth Devices {MAD (mandibular advancement device) & Tongue Retaining Device}, CPAP (Continuous Positive Airway) Devices, Position Pillows, Bumper Belt, Oral Appliance Mask & etc.
By End Users: Cognitive Care Centers, Hospitals/clinics, Research Institutes, among others.
By Regions: Europe, North America, APAC and Rest of the World.
Sleep Apnea Devices Market – Regional Analysis
North America market dominates the Global Sleep Apnea Devices Market with the significant market share. While Europe & Asia Pacific stand at the second & third positions respectively in terms of the market share.
Factors such as, advancements in technology, coupled with the prevailing disorders associated with sleep, availability of advanced infrastructure and growing awareness towards the advantages & efficacies of these Devices are attributing to the growth of North America and Europe Market.
Asia-Pacific market is expected to be the fastest growing market for Sleep Apnea Devices. However high cost associated with the purchase and implementation of these devices is impeding the regional market growth.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Continued….
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