DUBLIN--(BUSINESS WIRE)--The "Global Sleep Apnea Devices Market to 2025 - Analysis and Forecasts by Diagnostic Devices, Therapeutic Devices, Positive Airway Pressure (PAP) and End User" report has been added to ResearchAndMarkets.com's offering.
The sleep apnea devices market is estimated to account for US$8,305.3 mn by the end of 2025, escalating at a CAGR of 7.9% during the forecast period from 2018 to 2025, rising from US$4,607.9 mn in 2017.
The growth of the sleep apnea devices market is attributed to the increased usage of oral devices. Additionally, technological developments increase market growth. For instance, in May 2017, Fisher & Paykel launched the advanced F&P SleepStyle CPAP Device, which is developed for usage in the diagnosis and treatment of sleep specialists and obstructive sleep apnea, or OSA, patients. Additionally, the rising geriatric population is another factor driving the growth of the market.
Strategic approaches by major players such as geographical expansion, new product launch, partnership, and collaboration in the market also accelerates the market growth. In October, 2017, ResMed presents AirFit N20 Classic nasal mask CPAP treatment at Europe region to provide patients with several options for a stable mask seal with a comfortable night's sleep.
The market for sleep apnea devices has witnessed remarkable growth opportunities in North America. Factors such as the increasing focus of market players in the US and Canada, new product developments by key players in the market and rising prevalence of sleep apnea in the US are likely to boost the growth of Sleep Apnea Devices market in North America.
The market for sleep apnea devices consists of well-recognized organizations as well as emerging companies namely
- Koninklijke Philips N.V.
- Fisher & Paykel
- Braebon Medical Corporation
- Compumedics Limited
- BMC Medical Co., Ltd.
- Fisher & Paykel Healthcare Limited.
- SomnoMed Limited
- Weinmann Emergency Medical Technology GmbH + CO. KG
- Devilbiss Healthcare LLC
Key Topics Covered:
1 Global Sleep Apnea Devices Market - Introduction
2 Global Sleep Apnea Devices Market - Key Takeaways
3 Global Sleep Apnea Devices Market - Market Landscape
4 Global Sleep Apnea Devices Market - Key Market Dynamics
5 Global Sleep Apnea Devices Market - Global
6 Global Sleep Apnea Devices Market - Regulatory Scenario
7 Global Sleep Apnea Device Market Analysis by Diagnostic Devices
8 Global Sleep Apnea Devices Market Analysis by Therapeutic Devices
9 Global Sleep Apnea Market Analysis - by End User
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