• September 21, 2020

Global Emerging Sleep Apnea Devices and Platforms Market Analysis and Forecast, 2020-2021 & 2030 - ResearchAndMarkets.com - Odessa American: Business

e-Edition Subscribe

Global Emerging Sleep Apnea Devices and Platforms Market Analysis and Forecast, 2020-2021 & 2030 - ResearchAndMarkets.com

Print
Font Size:
Default font size
Larger font size

Posted: Tuesday, September 15, 2020 5:22 am | Updated: 5:47 am, Tue Sep 15, 2020.

DUBLIN--(BUSINESS WIRE)--Sep 15, 2020--

The "Global Emerging Sleep Apnea Devices and Platforms Market: Analysis and Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

The overall market was estimated to be $4,882.2 million in FY2019, and it is expected to grow at a CAGR of 9.94% during the forecast period, 2021-2030.

The global emerging sleep apnea devices and platforms market is witnessing an exponential rise in the size of the market due to the ongoing COVID-19 pandemic. Presently, more than 45 companies are operating in this market, including already existing healthcare companies and emerging healthcare companies.

Moreover, during COVID-19 pandemic, various regulatory agencies such as Food and Drug Administration (FDA), U.S. and Therapeutic Goods Administration (TGA) have approved the usage of positive airway pressure (PAP) devices such as continuous positive airway pressure (CPAP) devices, bilevel positive airway pressure (BPAP) devices, and adaptive servo ventilators (ASVs) as ventilators. Additionally, the demand for oral appliances has also increased significantly due to the high risk of infection in the case of COVID-19 positive sleep apnea patients.

In the situation, the usage of a PAP device can increase the risk of infection for the patient's peers. Other devices with increased demand included home sleep testing devices and sleep apnea screening and monitoring devices and solutions. In addition to conventional devices, emerging therapeutic and diagnostic and monitoring devices have also witnessed a significant increase in demand.

Healthcare experts are continuously analyzing the impact of regulatory and industrial decisions on the global emerging sleep apnea devices and platforms market. The market is driven by certain factors, including growing awareness regarding the ill effects of untreated sleep apnea, increasing usage of oral appliances for sleep apnea treatment, rising demand for portable sleep apnea devices, and technological advancements in sleep apnea treatment and diagnosis devices and platforms.

The market is favored by the development of emerging therapeutics and diagnostic, monitoring devices and solutions, and increasing adoption of the sleep apnea devices.

Market Dynamics

Market Drivers

  • Growing Awareness Regarding the Ill Effects of Untreated Sleep Apnea
  • Increasing Usage of Oral Appliances for Sleep Apnea Treatment
  • Rising Demand for Portable Sleep Apnea Devices
  • Technological Advancements in Sleep Apnea Treatment and Diagnosis Devices and Platforms

     

Market Restraints

  • High Upfront Cost of Sleep Apnea Devices
  • Unequal Reimbursement Scenario
  • Lack of Medical Adherence to Sleep Apnea Treatment Therapy

Market Opportunities

  • Rising Demand for Home Sleep Solutions
  • Integration of Telemedicine in Sleep Apnea Treatment and Diagnosis Landscape

Company Profiles

  • ActiGraph, LLC.
  • Beddit
  • BMC Medical Co., Ltd
  • Braebon Medical Corporation
  • Cadwell Industries, Inc.
  • Circadiance
  • Cleveland Medical Devices Inc.
  • Compumedics Limited
  • Dental Arts Laboratories, Inc.
  • Dreem
  • Fisher & Paykel Healthcare Limited
  • General Electric Company
  • Glidewell
  • Inspire Medical Systems, Inc.
  • Itamar Medical Ltd.
  • Koninklijke Philips N.V.
  • LivaNova PLC
  • Lowenstein Medical GmbH & Co. KG
  • Medical Depot, Inc.
  • Medtronic plc
  • Natus Medical Incorporated
  • Nonin
  • Oura
  • PMD Device Solutions Limited
  • ProSomnus Sleep Technologies
  • Provent Sleep Therapy, LLC
  • ResMed
  • Respicardia, Inc.
  • Signifier Medical Technologies Limited
  • Smiths Group plc
  • Somnetics International, Inc.
  • SomnoMed.com
  • VYAIRE MEDICAL, INC.

For more information about this report visit https://www.researchandmarkets.com/r/1zphsa

View source version on businesswire.com:https://www.businesswire.com/news/home/20200915005658/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD:

INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 09/15/2020 06:22 AM/DISC: 09/15/2020 06:22 AM

http://www.businesswire.com/news/home/20200915005658/en

© 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Odessa, TX

Current Conditions

Clear
69°
Humidity: 58%
Winds: E at 10mph
Feels Like: 69°

Your Extended Forecast

Tomorrow

weather
High 84°/Low 54°
Clear. Lows overnight in the mid 50s.

tuesday

weather
High 85°/Low 58°
Sunshine. Highs in the mid 80s and lows in the upper 50s.

wednesday

weather
High 86°/Low 59°
Mix of sun and clouds. Highs in the mid 80s and lows in the upper 50s.
Online Features

Pet Central

pets

Having a pet is a lot of responsibility, and we’ll help by giving you lots of tips and tricks! More >>

Fitness

Fitness

Our fitness articles will help teach you how to work out with gym- and home-based exercises. More >>

Crosswords

Crosswords

Enjoy the crosswords challenge in our free daily puzzles, from the harder Sunday crossword to the quicker daily. More >>

Sudoku

Sudoku

Every Sudoku has a unique solution that can be reached logically. Enter numbers into the blank spaces so that each row, column and 3x3 box contains the numbers 1 to 9. More >>




  • ALL-ACCESS: Subscribe to our e-edition and premium website at myoaoa.com.
    You can read your daily newspaper without taking a walk to the driveway.
    Look back at yesterday's newspaper, or issues from months ago with our archive feature.
    Call circulation at 432-337-7314 to sign up today.