Report Format: PDF
Published Date: Dec-2017 | 131 Pages | Report ID: ARS00134
Global Sleep Apnea Market Size is estimated to cross USD xx. xx Billion by 2025 from an estimated USD 5.15 Billion in 2016. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 7.5% during the forecast period, i.e. 2017-2025.
Global Sleep Apnea Market Growth Opportunities (Revenue, Growth) By 2017-2025
Sleep apnea is as known as a disorder which occurs when a person's breathing is interrupted during sleep. It is characterized with the help of loud snoring, gasping for air during sleep, waking with dry mouth, and morning headache. Major causing factors are excess weight gain, being older, smoking, and high blood pressure.
Market Dynamics
Sleep apnea market is considered to grow at a significantly in the coming years. The market growth is primarily driven by the growing geriatric population as there is increasing life expectations across the globe. Similarly, increasing prevalence of sleep apnea in the elderly population, and increasing arousal frequency due to insufficient oxygen intake to support the market growth in the coming years. Furthermore, rising concern of sleeping disorder, and increasing obesity rate in the coming years to also support the industry growth.
In addition, the continuous product development and increasing demand for these devices globally also contributing to the growth of the market. However, the stringent government policies would hamper the growth of the market.
Segment Analysis
Based on the product type, the sleep apnea market segmented as therapeutic devices (continuous positive airway pressure, automatic positive airway pressure device, oxygen devices, oral appliances), and diagnostic devices (polysomnography (PSG) device, oximeter). Therapeutic devices segmented is accounted to be the fastest growing segment.
On the basis of end use, the sleep apnea market is segmented as Sleep Laboratories & Hospitals, and Home Healthcare. Sleep Laboratories & Hospitals segment to grow significantly in the coming years due to increasing diagnosis rate of sleep apnea.
Regional Analysis
North America to hold the largest market share in this industry, owning to the large pool of key players in this region, and increasing health standards for the safety of individual in this region. Additionally, increased awareness for sleep apnea treatment in this region to support the market growth in the coming years.
Global Sleep Apnea Market Size, Share Analysis By Region 2017
On the other hand, Asia Pacific is supposed to grow at a faster rate owning to the increasing rate of geriatric population. Additionally, increasing disposable income in the developing countries like India, and China, to strongly support the market growth during the forecast period. Middle East and Africa market gaining attraction of the investment for the companies for more scope in the regions and expected to rise healthy growth over the forecast period.
Global Sleep Apnea Market Study Objective
1. To forecast the market size of sleep apnea market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of sleep apnea market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of sleep apnea market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of sleep apnea market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the sleep apnea market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of sleep apnea market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of sleep apnea market commercially.
Key Players
Major players operating in global sleep apnea market include Koninklijke Philips (Netherlands), ResMed (U.S.), Fisher & Paykel Healthcare (New Zealand), SomnoMed (Australia), Whole You (U.S.), BMC Medical (China), Braebon Medical (Canada), Compumedics (Australia),Drive DeVilbiss Healthcare (U.S.), and Löwenstein Medical (Germany).
Global Sleep Apnea Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast.
The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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