sleep apnea market size, demand & global opportunity analysis outlook 2021
TRANSCRIPT
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Global Sleep Apnea Market Outlook:
Industry Insights & Opportunity Evaluation,
2015-2021
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Global Sleep Apnea Market Overview
Sleep apnea is a common condition that occurs when a person's breathing is intermittent through sleep. Sleep apnea is a lingering condition and often mainly goes undiagnosed. In 2015, global sleep apnea market size was valued at USD 3.9 Billion and projected to grow at the CAGR of 7.7% during 2015-2021 to reach USD 5.5 Billion over the forecast period.
Market Segmentation
By Diagnostic Devices
Based on the diagnostic device, the global sleep apnea market has been studied on devices like:
Respiratory Polygraph
Polysomnography (PSG) Device
Actigraphy Systems
Single-Channel Screening Devices (Pulse Oximeters)
By Therapeutic Devices
On the basis of Therapeutic Devices, the global sleep apnea market is segmented as:
Adaptive Servo-Ventilation (ASV)
Airway Clearance Systems
Positive Airway Pressure (PAP) Device
Oxygen Devices
Oral Appliances
Others
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By End User
Based on the End-User, the global sleep apnea market can be defined into two categories:
Sleep Laboratories and Hospitals
Home Care Settings
By Region
On the basis of Region, the global sleep apnea market is segmented are as follows:
North America
Europe
Asia-Pacific
Middle East and North Africa
Rest of the World (RoW)
Growth Drivers and Challenges
On the back of health disorders like type obesity type II, stroke, coronary artery disease, congestive heart failure, hypertension, and atrial fibrillation, the sleep apnea market is poised to grow at a tremendous rate in near future. Globally, the change in lifestyle has made people to suffer from sleep disorders and this situation would get worsen in near future.
In addition to that, rising awareness about health and personal disposable income across the world is also expected to drive the growth of global sleep apnea market.
However, high cost associated with devices, lack of knowledge amongst the users, and scanty presence of sleep
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apnea labs would appear as the major challenge in the growth of sleep apnea device market.
Market Size
The North America is the major market in the global sleep apnea devices market, with a market share of 62.3% in the year 2015 and it is anticipated to rise over the period 2015-2021.
Europe sleep apnea market is the second largest market owing to the growing usage of therapeutic devices and existence of well-equipped sleep laboratories. The market is estimated to grow over the forecasted period.
Asia sleep apnea market is projected to be the fastest growing market it is anticipated to grow at a CAGR of 19.3% during the forecast period of 2015 to 2021.
Key Players
The major key players in the global sleep apnea market are as follows :
Philips Respironics
ResMed
Fisher
Paykel
Scope and Context
Overview of the Parent Market
Analyst View
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Market Size and Growth
North America (U.S., Canada)
Latin America (Mexico, Brazil, Rest of Latin America)
Western and Eastern Europe (Germany, Italy, Spain,
France, U.K, Benelux, Hungary, Rest Of Western
Europe, Russia Poland, Rest of Eastern Europe)
Asia-Pacific (China, India, Singapore, Japan, Australia
& New Zealand & Rest of Asia)
Rest of World
Segmentation
By Type of Drugs
By End Users
By Geography
Market Dynamics
Supply & Demand Risk
Competitive Landscape
Porter’s Five Force Model
Geographical Economic Activity
Key Players (respective SWOT Analysis) and their
Strategies and Product Portfolio
Recent Trends and Developments
Industry Growth Drivers and Challenges
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