Sleep apnea is a severe and life-threatening sleep disorder that generally occurs when an individual's breathing is disturbed during sleep. In patients with sleep apnea, the tissue located behind the throat and between the mouth and the lungs briefly collapses, and it becomes so constricted that the breathing is momentarily stopped or for longer durations, like for several minutes. Common symptoms regarding sleep apnea are loud snoring, morning headaches, restless sleep, recurrent awakenings, and insomnia. It can also result in severe health issues such as high blood pressure, heart failure, stroke, irregular heartbeats, heart attacks, diabetes, and depression. Sleep Apnea monitoring instruments serve a diagnostic and therapeutic purpose to the patients.
MARKET DYNAMICS
The sleep apnea monitoring instruments market has shown a significant evolution over the forecast period. The rise of the sleep apnea monitoring instruments market is majorly driven by the growth in the sleep apnea devices market is attributed to factors such as the growing awareness about the ill effects of untreated sleep apnea, large pool of undiagnosed sleep apnea patients, growing usage of oral appliances, numerous technological advancements in sleep apnea devices, and the increasing number of companies venturing into sleep apnea and oral appliances markets. Moreover, with increasing obesity worldwide, the global sleep apnea patient pool is also likely to grow in the coming years. Approximately 40% of people who are obese have OSA, while about 77% of people who are morbidly obese have OSA (obstructive sleep apnea). However, the high CPAP (Continuous Positive Airway Pressure) device costs act as a restraining factor for the global sleep apnea monitoring instruments market, especially in developing countries.
MARKET SCOPE
The "Sleep Apnea Monitoring Instruments Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry's medical device, with a specific focus on the global market trend analysis. This report outlines the sleep apnea monitoring instruments market with detailed market segmentation by product, therapeutic application, and end-user. The sleep apnea monitoring instruments market is estimated to witness a high rise during the forecast period. It focuses on the vital statistics on the leading players' market status in the sleep apnea monitoring instruments market and provides key opportunities and trends in the market.
MARKET SEGMENTATION
The market is categorized based on the product, therapeutic application, and end user. Based on the product, the market is segmented as actigraphs, polysomnography (PSG) device, respiratory polygraphs, pulse oximeters, and others. Based on the therapeutic application, the segmentation of the market is into obstructive sleep apnea (OSA), central sleep apnea (CSA), and mixed sleep apnea. Based on end user, the segmentation of the market is into hospitals and clinics, sleep laboratories, home care settings, and others.
REGIONAL FRAMEWORK
The report states a detailed outline of the industry, consisting of both quantitative and qualitative information. It offers a sketch and forecast of the sleep apnea monitoring instruments market based on various segments. The report also consists of market size and forecast estimates from the year 2020 to2028with respect to five main regions, namely; North America, Asia-Pacific (APAC), Europe, Middle East, and Africa (MEA), and South & Central America (SCAM). The sleep apnea monitoring instruments market by each region is then sub-segmented into respective countries and segments. It comprises the analysis and forecast of 18 countries globally and the recent trend and opportunities prevailing in the region.
The report analyzes factors affecting the sleep apnea monitoring instruments market from both the demand and supply sides. Furthermore, it evaluates market dynamics regarding the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. It also consists of precise PEST analysis for all five regions, namely, North America, Asia Pacific, Europe, Middle East and Africa, and South & Central America, after assessing political, social, economic, and technological factors affecting the Sleep apnea monitoring instruments market in these regions.
MARKET PLAYERS
The report contains critical developments in the sleep apnea monitoring instruments market as inorganic and organic growth strategies. Several companies are pivoting on organic growth strategies like product launches, product approvals, and others, such as patents and events. Inorganic growth strategies observed were collaborations and acquisitions &partnerships. Various such activities have paved the path for elaborating the business and customer base of market players. The market players from the sleep apnea monitoring instruments market are estimated to have profitable growth opportunities in the coming years with the higher demand for sleep apnea monitoring instruments in the global market. Given below is the list of a few companies engaged in the sleep apnea monitoring instruments market.
The report also offers key players' profiles in the sleep apnea monitoring instruments market, along with their SWOT analysis and market strategies. Also, the report focuses on the key market players with information on company profiles, financial information of the last three years, components, and services provided, critical development in the past five years.
- Resmed, Inc.
- Fisher & Paykel Healthcare Limited.
- Somnomed Limited
- Koninklijke Philips N.V.
- Whole You, Inc. (Mitsui Chemicals)
- Tomed GmbH.
- Braebon Medical Corporation
- Glidewell
- Oventus
- DeVilbiss Healthcare LLC
The Insight Partner's dedicated research and the analytical team comprises of experienced professionals with advanced statistical expertise and offers several customization options in the current report.