Trending News: Sleep Apnea Devices Market 2020 | Industry Trends, COVID-19 Impact Analysis, Share, Size, Demand and Future Scope – IMARC Group

Trending News: Sleep Apnea Devices Market 2020 | Industry Trends, COVID-19 Impact Analysis, Share, Size, Demand and Future Scope - IMARC Group

Sleep Apnea Devices Market 2020 | Industry Trends, COVID-19 Impact Analysis, Share, Size, Demand and Future Scope
The global sleep apnea devices market to reach a value of USD 7.7 Billion by 2025, registering a CAGR of around 7% during 2020-2025.

Sleep apnea devices enable people to breathe easily while sleeping. They help in treating sleep apnea, a disorder in which the breathing of an individual is interrupted during sleep and is usually accompanied by loud snoring. Sleep apnea devices increase the air pressure in the throat to prevent the airway from collapsing when an individual inhales.

Market Trends

The rising incidences of sleep apnea are among the primary factors that are escalating the demand for sleep apnea devices. Moreover, governments of various countries are undertaking initiatives to help patients who suffer from obstructive sleep apnea (OSA). Additionally, many companies are making continuous improvements and advancements in sleep apnea devices, which are expected to provide a positive impact on the market in the coming years. For instance, ResMed Corp, a medical equipment company based in California, designed AirFitN30i, a nasal cradle mask that allows individuals to switch positions comfortably while sleeping.

Note: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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Market Segmentation:

Market Breakup by Product Type

Therapeutic Devices
Diagnostic Devices

Market Breakup by End-User

Hospitals and Clinics
Sleep Laboratories
Homecare Settings
Others

Market Breakup by Region

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Some of the major players operating in the industry worldwide include BMC Medical Co., Braebon Medical Corporation, Cadwell Laboratories, CareFusion Corp. (NYSE : CFN)., Curative Medical, Devilbiss Healthcare, Fisher & Paykel Healthcare Corp Ltd (OTCMKTS: FSPKF), GE Healthcare (GE), Invacare Corporation (NYSE: IVC), Oventus Medical, Panthera Dental, ResMed, Somnomed Ltd., Vyaire Medical Inc., Whole You Inc., etc.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/sleep-apnea-devices-market

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