Global Sleep Apnea Devices Market Outlook, Business Standards and Development Trends Upto 2024

The global sleep apnea devices market has witnessed a high demand for diagnostic devices over the last few years, due to mounting alertness about the harmful consequences of sleep disorder and mounting government and private organizations schemes regarding sleep disorder.

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The positive airway pressure device (PAP) segment account for the major share in the sleep apnea therapeutic device market. The oral appliance segment is expected to grow at the fastest rate due to the advantage of oral appliances over other devices and increasing issues associated with PAP compliance.

The global sleep apnea devices market has also been segmented by end-user into hospitals & sleep laboratories, and homecare. The homecare category is expected to exhibit the faster growth in demand for sleep apnea devices in the market due to increasing number of patients undergoing sleep testing in at hospitals and sleep laboratories.

The huge number of undiagnosed sleep apnea patients, upsurge use of oral appliances, mounting alertness about the harmful consequences of untreated sleep apnea, and escalating occurrence of sleep apnea due to increasing lifestyle associated diseases such as obesity are the primary growth drivers for sleep apnea devices market.

Key players in the sleep apnea devices market are investing in the development of innovative and advance products, which is strengthening their position in the market.

Koninklijke Philips, BMC Medical, Fisher & Paykel Healthcare, Somnomed, Compumedics, Löwenstein Medical, Whole You, Resmed, Drive Devilbiss Healthcare, Braebon Medical are the key players offering sleep apnea devices products.

Source: VynZ Research