Sleep Apnea Devices Market Industry Insights & Opportunity Analysis
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Sleep apnea device is a device that is used to treat sleep apnea that is a chronic respiratory sleep disorder. Sleep apnea is a severe sleep disorder and it is very essential to cure this disorder. This device helps to open up a blocked airway, prevent the airway from collapsing etc. There are various types of sleep apnea device among which continuous positive airway pressure is the most common and reliable method of treating sleep apnea.
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The continual growth of the sleep apnea devices market can be attributed to several factors which have led to wide scale adoption of these products. Factors such as growing aging population and increase in lifestyle diseases like obesity, are further expected to contribute to the stable growth of the global sleep apnea devices market from 2019 to 2030. According to the National Healthy Sleep Awareness Project in 2015, it was revealed that obstructive sleep apnea affects more than 25 million people in the U.S. and it is a chronic disease that badly affects people.
Major Key Players in Sleep Apnea Market
The prominent players in the global sleep apnea devices market are ResMed, Koninklijke Philips N.V., Fisher & Paykel Healthcare Limited, Compumedics Limited, DeVilbiss Healthcare LLC, BMC Medical Co., Ltd, VYAIRE, Curative Medical, Invacare Corporation and Somnetics International, Inc
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Sleep Apnea Devices Market by Product Type
On the basis of product type, the sleep apnea device market is segmented into therapeutic devices (adaptive servo ventilation devices, positive airway pressure devices, oral appliances, airway clearance systems, and oxygen devices) and diagnostic devices (polysomnography devices, oximeter, actigraphy devices and others).The therapeutic devices segment is estimated to account for the largest share in the global sleep apnea device market owing to the positive results of these devices for the treatment of sleep apnea and increasing number of obstructive sleep apnea cases. Amongst various therapeutic devices, oral appliances are the most effective device to treat mild to moderate sleep apnea.
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Some Key Points for TOC
1. RESEARCH METHODOLOGY
1.1. Research Framework
1.2. Data Collection Technique
1.3. Data Sources
1.3.1. Secondary Sources
1.3.2. Primary Sources
1.4. Market Estimation Methodology
1.4.1. Bottoms Up Approach
1.4.2. Top Down Approach
1.5. Data Validation and Triangulation
1.5.1. Market Forecasting Model
1.5.2. Limitations/Assumptions of the Study
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