Sleep Apnea Devices Market Recent Trends and Competitive Analysis Report 2022-2029 | DataM Intelligence

Sleep Apnea Devices Market Recent Trends and Competitive Analysis Report 2022-2029 | DataM Intelligence
Some of the key players which are contributing to the growth of the market include Philips Healthcare, Cadwell Laboratories Inc., Fisher & Paykel Healthcare Limited, Natus Medical Incorporated, ResMed, Nihon Kohden Corporation, Invacare Corporation, keepMED Ltd., Sleep score, BMC Medical CO., Ltd, ImThera Medical Inc.

Sleep Apnea Devices Market is segmented By Device Type (Diagnostic Devices, Therapeutic Devices, PAP Devices, Facial Interfaces, Oral Appliances, Adaptive servo-ventilators, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Sleep Apnea Devices Market is predicted to reach a high CAGR  of 6.2% during the forecast period (2022-2029). Sleep apnea is a potentially serious sleep disorder in which breathing repeatedly stops and starts. The goal of sleep apnea treatment is to open the airway so the patient can breathe better at night. Sleep apnea devices can help that happen. Among the most common options are CPAP machines, Facial Interfaces, Adaptive servo-ventilators, and others.

North America region holds the largest market share of the global sleep apnea devices market

The global sleep apnea devices market growth is driven by the increasing incidences of sleep apnea, a rise in the aged population, a surge in the occurrence of obesity and hypertension, and rising cognizance among the patient population in emerging economies.

Ongoing technological advancements are expected to drive the growth in the forecast period

The development of new technologies for the treatment and diagnosis of the disease is driving the market growth. Moreover, new alternatives to CPAP equipment such as nasal and oral equipment are developed for patients with low CPAP tolerance. For instance, In February 2021, GoPAPFree, a homecare oral devices manufacturer for OSA, launched O2 Vent Optima to serve as an effective and more convenient CPAP alternative. This device increases sleep apnea therapy response by 40.0%. In February 2020, Fisher and Paykel launched F&P Evora with CapFit headgear, a compact nasal mask for treating sleep apnea. The company launched this product in the markets of New Zealand, Europe, Australia, and Canada.

For instance, in 2019, ResMed launched AirFit N30i, its first top-of-head-connected nasal CPAP mask, across the U.S. with a newly designed nasal cradle cushion that sits just under the wearer’s nose. The trend is shifting towards mHealth apps for remote monitoring of sleep, enhancement of patient outcomes, and real-time screening of patient data. Detection of symptoms of sleep apnea is done by the built-in sensor technology available in smartphones. These factors are driving the market growth in the forecast period.

Download Sample Brochure @ https://www.datamintelligence.com/download-sample/sleep-apnea-devices-market

The high cost of CPAP machines is likely to hamper the market growth

For instance, a machine with a heated humidifier costs more than a machine without one. CPAP air filters can cost anywhere from $5 to $30 each, depending on the type of machine. Headgear and mask set generally cost $100 r more. Smaller pieces that need replacing more often, such as mask cushions, range from $20 to $100. The medical visits to multiple locations, the inconvenient and high cost of diagnosis, and therapy create a huge hurdle for patients. These factors will hamper the market in the forecast period.

Segment Analysis

The pulse oximeters segment is expected to hold the largest share in this market segment

The application of pulse oximetry to investigate and diagnose obstructive sleep apnea in adults and children consists of different practices.

Medtronic manufactures a pulse oximeter called Nellcor portable SpO2 patient monitoring system, PM10N. This device is ideal for instant checks and continuous monitoring in various healthcare and also home use settings. Its ergonomic shape and simple design make it intuitive to use and simple to operate. The availability of these types of devices will help with the market growth.

Competitive Landscape

The global sleep apnea devices market is highly competitive with the presence of local as well as global companies. Some of the key players which are contributing to the growth of the market include Philips Healthcare, Cadwell Laboratories Inc., Fisher & Paykel Healthcare Limited, Natus Medical Incorporated, ResMed, Nihon Kohden Corporation, Invacare Corporation, keepMED Ltd., Sleep score, BMC Medical CO., Ltd, ImThera Medical Inc., and others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of Sleep Apnea Devices globally. For instance, In February 2021, Oventus Medical launched 02Vent Optima, a customizable oral appliance therapy device that offers an alternative to CPAP therapy in the US through GoPAPfree.

Make an inquire before purchasing full report @ https://www.datamintelligence.com/enquiry/sleep-apnea-devices-market

Related Reports:

Anesthesia Devices Market is segmented by Product (Anesthesia Delivery Machines, Anesthesia Disposables & Accessories, Anesthesia Monitors, and Anesthesia Information Management Systems (AIMS), by End-User (Hospitals, Ambulatory Service Centers, Academics And Research Organizations), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Spirometers Market is Segmented By Type (Devices, PC- Based Spirometer, Portable Spirometer, Table-Top Spirometer, Consumables & Accessories),  By Technology ( Volume Measurement, Peak Flow Meters,  By Application,  COPD, Asthma, Cystic Fibrosis),  By End UserHospitalsClinical LaboratoriesHomecare SettingsIndustrial Settings), By Region (North America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029.

Additional Benefits Post Purchase:

1) Unlimited Analyst support for a period of 1 year.

2) Any query with regards to the scope offered will be addressed within 24- 48 hours.

3) An excel sheet with market numbers will be provided separately.

The Full Report has the below insights

  • The report offers a comprehensive evaluation of the market in terms of Market Value (US$) and Y-o-Y Growth Rates (%). It does so via in-depth qualitative insights, historical data (2020-2021), and verifiable projections about market size during the forecast period (2022-2029).
  • Visualize the composition of the global gall bladder cancer treatment market segmentation by Device Type, and country highlighting the key commercial assets and players.
  • Identify commercial opportunities in the global gall bladder cancer treatment market by analyzing trends and co-development deals.
  • The report also covers data insights on various industry forces such as porter’s five forces, regulations in each country, pipeline analysis, and pricing analysis.
  • Excel data sheet with thousands of data points global gall bladder cancer treatment market-level 4/5 segmentation.
  • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study. 
  • Product mapping in excel for the key product of all major market players
  • The report will provide access to approximately 50+ market data tables, 40+ figures, and close to 180 pages. 

About Us:

DataM Intelligence 4Market Research is a market intelligence platform which gives access to syndicated, customized reports and consulting to its clients at one place. As a firm with rich experience in research and consulting across multiple domains we are one stop solution that will cater to the needs of clients in key business areas. DataM Intelligence has an online platform whose coverage includes industries such as chemicals and materials, agriculture, health care services, animal feed and food & beverages among others.

 

Our platform has Insights on markets that uncover latest market research data that’s distinct from the competition. With coverage across 10 major industries in the marketplace research, DataM Intelligence benefits thousands of companies by helping them take their innovations early to the market by providing a complete view of the market with statistical forecasts. Our strategy centric framework and value-added services will let individuals and corporates with ease of access and custom personalization to research and markets.

Media Contact
Company Name: DataM Intelligence
Contact Person: Sai
Email: Send Email
Phone: +1 877 441 4866
Country: United States
Website: https://www.datamintelligence.com/research-report/sleep-apnea-devices-market