Simplifying Sleep Apnea Devices is the Need of the Hour in a Competitive Landscape

Sleep apnea is one of the most common sleep disorders in which a person experiences brief but repeated interruption in breathing when asleep. This condition can cause oxygen starvation and, combined with sleep disturbance, become the cause for more serious health problems such as hypertension, memory loss, and heart disease. The National Sleep Foundation, a U.S.-based sleep advocacy and education organization, says that over 18 million adults in the U.S. suffer from sleep apnea. This has created a massive market for sleep apnea devices that help people suffering from this condition to cope with better with it.

With heightened awareness about this condition, sleep apnea devices are expected to account for a market worth US$6.43 bn by 2019. The market will continue to grow at a steady rate as more devices to combat sleep apnea are launched on the market, and people show more willingness to purchase them.

Affordable yet innovative products to make market more competitive

While several sleep apnea products and devices are currently available on commercial market, there is a pressing need to launch affordable and easy-to-use devices to combat this condition. Patients using the continuous positive airway pressure mask often find it difficult to deal with the straps and hose, which also cause discomfort. Innovative products are, however, being launched to address this unmet need in the sleep apnea devices market.  Airing, a sleep apnea device that’s slated to hit the commercial market in mid-2017, is being described as the first hose-less and strapless CPAP device. The global sleep apnea devices market is expected to see more such products stirring up the current status of the market.

Trends that will be most prominent in the global sleep apnea devices market

The demand for actigraphy devices is expected to be the highest over the next few years thanks to their compactness and relatively greater degree of comfort. Currently, North America and Europe collectively dominate the global sleep apnea devices market given as consumers here are more aware of the condition and the available treatments for it.

However, future investments in this market could be hampered because of the current reimbursement scenario not being very favorable.


Post a Comment

Note: only a member of this blog may post a comment.

Latest Post

Market Research Reports