Healthcare Industry Sleep Apnea Devices Market Analysis 2020
Your Catalyst To a Lucrative Business
Sleep Apnea Devices Market Size, Market Share, Analysis, Growth,
Industry Trends And Forecasts to 2020: Hexa Research
" Sleep apnea devices market is expected to grow over the
forecast period owing to the increasing prevalence
cardiovascular diseases, incidence of sleep apnea and rising
obesity."
The global Sleep Apnea Devices Market is projected to reach approximately USD 7 billion by 2020. The market
was valued at nearly USD 2 billion in 2013. It may expand at a CAGR over 10% during the forecast period (2014
to 2020). High incidence of sleep related & lifestyle disorders drives product demand. Demand may surge
considerably over the forecast period due to prevalence of lifestyle disorders triggered by sleep apnea. These
lifestyle disorders are hypertension, atrial fibrillation, diabetes, obesity, and congestive heart failure among
others. Growing geriatric population is also a key market driver since sleep disorders are common among the
elderly. Improvements in healthcare infrastructure and awareness about type II diabetes, hypertension, and
stroke could positively impact the industry over the next couple of years.
The global Sleep Apnea Devices Market is segmented on the basis of products and regions. Based on products,
the industry is bifurcated into diagnostic devices and therapeutic devices. Diagnostic devices are further
segmented into actigraphy systems, PSG (polysomnography) devices, single channel screening devices (or pulse
oximeters), and respiratory polygraph. Over the past couple of years, demand for PSG devices has been quite
high. This attributes to the fact that for sleep tests, patients prefer their homes to the laborat ories. Besides
being cost effective, PSG devices rank high on convenience.
Browse Details of Report @ https://www.hexaresearch.com/research-report/sleep-apnea-devices-industry
Follow Us: