According to the latest report by IMARC Group, titled “Sleep Apnea Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global sleep apnea devices market exhibited moderate growth during 2015-2020. Looking forward, the global sleep apnea devices market is expected to grow at a CAGR of around 6% during the forecast period (2021-2026).

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Sleep apnea is a sleeping disorder in which the airflow to the lungs is blocked while sleeping due to muscle relaxation around the tongue and throat. It is characterized by irregular breathing, leading to an insufficient supply of oxygen to the brain. Sleep apnea devices are used for managing these sleep disorders and help the patient breathe easily. They promote a steady flow of oxygen and support the airway, which facilitates normal breathing. Sleep apnea can also be treated with the use of positive airway pressure machines that are used with breathing masks. These masks supply pressurized air that continuously flows into the throat, preventing the airway from collapsing. Nowadays, oral appliances worn in the mouth are also used as an effective first-line treatment for sleep apnea. These appliances hold the lower jaw forward, which keeps the airway open while preventing the tongue and muscle from interrupting the airflow.

Global Sleep Apnea Devices Market Trends: 

The global sleep apnea market is primarily driven by the increasing number of patients suffering from obstructive sleep apnea disorder (OSA), central sleep apnea, and complex sleep apnea syndrome. The rising awareness regarding the ill effects of untreated sleep apnea is also propelling the market growth. Besides this, the increasing prevalence of obesity, hypertension, and other comorbidities due to rapid urbanization and changing lifestyles has resulted in a significant increase in people affected by sleep apnea. The use of sleep apnea devices further reduces the amplification of cardiac diseases, diabetes, and metabolic symptoms. Furthermore, the rise in the geriatric population and increase in life expectancy is positively influencing the adoption of these devices as the elderly are more susceptible to developing sleep apnea. Moreover, technological advancements have enabled market players to launch miniaturized devices at affordable prices. On account of these factors, the market is expected to grow at a CAGR of around 6% during the forecast period (2021-2026).

Sleep Apnea Devices Market 2021-2026 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the global sleep apnea devices market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

  • BMC Medical Co.
  • Braebon Medical Corporation
  • Cadwell Laboratories Inc.
  • CareFusion Corp.
  • Curative Medical Inc.
  • Devilbiss Healthcare
  • Fisher & Paykel Healthcare
  • GE Healthcare
  • Invacare
  • Oventus Medical
  • Panthera Dental
  • ResMed
  • Somnomed Ltd.
  • Vyaire Medical Inc.
  • Whole You Inc.

Key Market Segmentation:

The report has segmented the global sleep apnea devices market on the basis of product type, end-user and region.

Breakup by Product Type:

  • Therapeutic Devices
  • Diagnostic Devices

Breakup by End-User:

  • Hospitals and Clinics
  • Sleep Laboratories
  • Homecare Settings
  • Others

Breakup by Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Explore Full Report with TOC & List of Figure: https://bit.ly/3CTEfJd

Key highlights of the report:            

  • Market Performance (2015-2020)
  • Market Outlook (2021-2026)
  • Industry Trends
  • Market Drivers and Success Factors
  • The Impact of COVID-19 on the Global Market
  • Value Chain Analysis
  • Structure of the Global Market
  • Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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