Sleep Apnea Implant Market Size: Key Facts, Dynamics, Segments And Forecast Predictions Presented 2022-2031

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Shibuya-ku, Tokyo, Japan, Japan, May 30, 2022, 08:17 /Comserve / -- Sleep Apnea Implant market With Top Countries Data, industry Analysis , Size, Share, Revenue, Prominent Players, Developing Technologies, Tendencies and Forecast

The Sleep Apnea Implant Market is expected to register a CAGR of 10.5% during the forecast period. Sleep apnea implants are preferred compared to traditional CPAP devices as these devices are fully implantable with no masks, hoses which make patient easy to use and make them feel comfortable. These Implants are used for the treatment of sleep disorders like Obstructive Sleep Apnea and Central Sleep Apnea. Growth of sleep apnea implants market can be attributed to factors such as the large pool of undiagnosed sleep apnea patients and growing awareness about the ill effects of untreated sleep apnea. According to world data analysis by ResMed in 2018 indicates that sleep apnea impacts more than 936 million people worldwide, which is 10 times greater than previous estimates. In addition according to American Seep Apnea Association in United States around 22 million people affects from obstructive sleep apnea out of which 80% moderate and severe cases of OSA are undiagnosed. Moreover with the increasing obesity worldwide, the sleep apnea patient pool is also expected to grow in forecasted period, which further may increase the chances of adopting sleep apnea implants. However, high cost of sleep apnea implants may hamper the overall market to certain extent.

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Key Market Trends

Obstructive Sleep Apnea Segment is Expected to contribute higher Market Share in the Sleep Apnea Implant Market

- Obstructive Sleep Apnea is a disorder in which breathing constantly stops and start during sleep which may lead to snoring. This disorder usually happens due to throat muscles intermittently relaxing and blocking the airway during sleep.
- Growing number of patients who are not cured by continuous positive airway pressure (CPAP) devices coupled with increasing prevalence of obstructive sleep apnea is leading to adoption of sleep apnea implants. Some of the popular implantable devices in market are AIRLIFT™, remedē® System and Inspire Therapy in sleep apnea implant market.
- Hypoglossal Neurostimulation Devices are comparatively new, minimally advanced solution and a new and different approach to treating the obstructive sleep apnea disorder. These devices help in restoring the tone of upper airway dilator muscle thus preventing obstruction of airway. These devices will have lucrative opportunity in the sleep apnea implant market and is anticipated to show similar trend over the forecast period.

North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Periodgraphy Trends

North America expected to hold a major market share in the global sleep apnea implant market owing to factors such as rising prevalence of sleep apnea in the region, increasing awareness, favourable reimbursement policies, government initiatives with growing funding. For instance, in 2019 a company named Inspire medical system has received insurance coverage for most sleep apnea patients who meet eligibility requirements for Inspire from majority of healthcare payers. Moreover, changing lifestyle is also leading to rise in obesity prevalence which further result in increase in sleep apnea patient pool and thus increasing pool of patients offer growth opportunities for sleep apnea implant market.

Competitive Landscape

The Sleep Apnea Implant Market is consolidated and consists of major players. Some of the companies which are currently dominating the market are Medtronic, Respicardia,Inc., Inspire Medical Systems, Siesta Medical, Inc, LivaNova PLC and LinguaFlex.

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1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Technological Advancements in Sleep Apnea Devices
4.2.2 Large Pool of Undiagnosed Sleep Apnea Patients
4.2.3 Growing Awareness about the Ill Effects of Untreated Sleep Apnea
4.3 Market Restraints
4.3.1 High cost of Sleep Apnea Implants
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

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