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New report: Global sleep apnea diagnostic and therapeutic devices market forecast from 2017 to 2022

Medical Market Research

The Global Sleep Apnea Diagnostic and Therapeutic Devices Market Research Report Forecast 2017-2022 is a valuable source of insightful data for business strategists. It provides the Sleep Apnea Diagnostic and Therapeutic Devices industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable).

The primary drivers of this industry include growing awareness about hypertension, stroke, and sophisticated healthcare infrastructure and Type II mature onset diabetes. These reasons are expected to drive the industry over the forecast period.

Initialisation of advanced technology such as new and competent treatment diagnosis and methodologies has improved patient result over the past few years. Sleep apnea equipment demands are picking up owing to increasing occurrences of stress & depression, obesity, long working hours, high incidences of diabetes and rise in anxiety levels have resulted in numerous sleep disorders. 

This report studies the Global Sleep Apnea Diagnostic and Therapeutic Devices Market for the forecast period of 2016 to 2022. This market is expected to reach USD 12.70 Billion by 2022 from USD 6.59 Billion in 2016, growing at a CAGR of 12.8%.

The global sleep apnea devices market is segmented on the basis of product, end user, and region.

The prominent players in the Global Sleep Apnea Diagnostic and Therapeutic Devices Market were ResMed, Inc. (U.S.), Philips Healthcare (Netherlands), and Fisher & Paykel Healthcare Ltd.

(New Zealand) in 2015. These companies are dominant in the market mainly due to their well-established presence in the field of sleep apnea devices, presence in over 50 countries, high R&D investments, and strong sales and distribution force. Other players include SomnoMed Ltd.

(Australia), Compumedics Limited (Australia), Weinmann Medical Devices GmbH (Germany), Whole You, Inc. (U.S.), BMC Medical Co., Ltd. (China), DeVilbiss Healthcare (U.S.), and Braebon Medical Corporation (Canada).

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