Sunday, 01 August 2021 03:08 GMT

Sleep Apnea Devices Market Expansion Projected To Gain An Uptick During 2021-2030


(MENAFN - America News Hour)In a recent published report, Kenneth Research has updated the market report for Sleep Apnea Devices Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Sleep Apnea Devices Market products.

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Kenneth Research has recently added a report titled Sleep Apnea Devices Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2021 2030. Factors such as the growing advancements in the development of novel drugs, coupled with the growing health infrastructure in several nations worldwide are anticipated to drive the growth of the market in the coming years. Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth.

According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.

According to Azoth Analytics research report ''  – Analysis By Diagnostic Devices (Polysomnography, Respiratory Polygraphs, Pulse Oximeter, Actigraphy Devices), By Therapeutic Devices ( CPAP, APAP, Bi-PAP, ASV, Facial Interfaces, Oral Appliances), By End User, By Region, By Country (2018 Edition): Forecast to 2023 – By Region (N. America, Europe, APAC, ROW), By Country (U.S, Canada, Germany, Mexico, Germany, France, U.K, Japan, China, India, Australia, Brazil)'', global market is projected to display a robust growth represented by a CAGR of 10.6% during 2018 – 2023.

The Final Report will cover the impact analysis of COVID-19 on this industry:

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Over the recent years, global sleep apnea devices market has been witnessing growth, on account of several driving factors including rapidly increasing prevalence of sleep related breathing disorders, rising geriatric population, increase in obese population, increasing lifestyle diseases, increasing demand for non-invasive treatment methods and new device approvals along with increasing health expenditure in developing countries. Moreover, upcoming innovations in medical technology coupled with rapidly increasing demand for home healthcare, is expected to propel the market growth of sleep apnea devices. In this research report, the market is segmented on the basis of product type as well as end user. By product type, the segment of diagnostic devices is predicted to hold its dominant position in the market. Amongst the regions, North America accounts for the largest regional share in the global sleep apnea devices market in 2018.

However, Asia Pacific is predicted to advance at the highest rate. Presence of vast consumer base, particularly in emerging nations such as China and India, in addition to growing per capita expenditure on healthcare is likely to drive the regional market.
The report titled, ''Global Sleep Apnea Devices Market – Analysis By Diagnostic Devices (Polysomnography, Respiratory Polygraphs, Pulse Oximeter, Actigraphy Devices), By Therapeutic Devices ( CPAP, APAP, Bi-PAP, ASV, Facial Interfaces, Oral Appliances), By End User, By Region, By Country (2018 Edition): Forecast to 2023 – By Region (N. America, Europe, APAC, ROW), By Country (U.S, Canada, Germany, Mexico, Germany, France, U.K, Japan, China, India, Australia, Brazil)'' has covered and analysed the potential of Sleep Apnea Devices market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, and challenges in the global sleep apnea devices market. Additionally, the report also highlights the company profiles of various leading companies across the globe along with product benchmarking. Moreover, this report has also covered global and regional market size and share by end user.

Scope of the Report
Global Sleep Apnea Devices Market (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Sleep Apnea Devices Market – Sizing, Growth, Forecast 
• Analysis By Type – Diagnostic Devices and Therapeutic Devices.
• Analysis By Diagnostic Devices (Polysomnography, Respiratory Polygraphs, Pulse Oximeter and Actigraphy Devices) 
• Analysis By Therapeutic Devices (CPAP, APAP, Bi-PAP, ASV, Facial Interfaces, Oral Appliances)
• Analysis By End User – Hospital/ Sleep Laboratories, Homecare/ Individual Use

Regional Markets  – North America, Europe, Asia-Pacific and Rest of the World (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Sleep Apnea Devices Market – Sizing, Growth, Forecast 
• Analysis By Type – Diagnostic Devices and Therapeutic Devices.
• Analysis By Diagnostic Devices (Polysomnography, Respiratory Polygraphs, Pulse Oximeter and Actigraphy Devices) 
• Analysis By Therapeutic Devices (CPAP, APAP, Bi-PAP, ASV, Facial Interfaces, Oral Appliances)
• Analysis By End User – Hospital/ Sleep Laboratories, Homecare/ Individual Use

Country Analysis  – U.S, Canada, Mexico, Germany, France, U.K, Japan, China, Japan, India, Australia and Brazil (Actual Period: 2013-2017, Forecast Period: 2018-2023)
• Sleep Apnea Devices Market – Sizing, Growth, Forecast 
• Analysis By Type – Diagnostic Devices and Therapeutic Devices.
• Analysis By Diagnostic Devices (Polysomnography, Respiratory Polygraphs, Pulse Oximeter and Actigraphy Devices) 
• Analysis By Therapeutic Devices (CPAP, APAP, Bi-PAP, ASV, Facial Interfaces, Oral Appliances)
• Analysis By End User – Hospital/ Sleep Laboratories, Homecare/ Individual Use

Other Report Highlights
• Market Dynamics – Drivers and Restraints
• Competitive Landscape
• Company Analysis – ResMed, Koninklijke Philips, Fisher & Paykel Health, SomnoMed, Compumedics, Itamar Medical Ltd., Whole You, Novasom, Lowenstein Medical, Braebon Medical.


The report could be customized according to the client's specific research requirements. No additional cost will be required to pay for limited additional research.

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products'' demand, growth and opportunities for new and existing players.

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Darlene Dooley is a research expert and freelance writer. She is very dedicated towards her work and writing. She enjoys to write on current news on any industry and conclude the news with highly professional report. She has almost 8 years of experience in the same field. She has strong professional skill in Market research, Business Strategies, online marketing, Industry analysis interested in innovative and trending technologies.

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