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: