Sleep Apnea Treatment Devices Market Growth, Size, Analysis, Outlook by Trends, Opportunities and Forecast to 2028

The global sleep apnea treatment devices market size was USD 4.82 billion in 2018 and is projected to reach USD 8.97 billion by 2026, exhibiting a CAGR of 8.2% during the forecast period.

The Sleep Apnea Treatment Devices Market report contains detailed information on factors influencing demand, growth, opportunities, challenges, and restraints. It provides detailed information about the structure and prospects for global and regional industries. In addition, the report includes data on research & development, new product launches, product responses from the global and local markets by leading players. The structured analysis offers a graphical representation and a diagrammatic breakdown of the The Sleep Apnea Treatment Devices Market by region.

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Increasing resistance among patients using continuous positive airway pressure (CPAP) devices has been pivotal in the development of new alternatives for sleep apnea treatment. Non-adherence among patients is due to discomfort caused by the CPAP mask and the machine wires that can be cumbersome for a patient to manage while sleeping. It is estimated by various studies that the compliance rate for CPAP users, or those who are prescribed with CPAP and actually use it, has declined to 50.0%.

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Pre-Post COVID-19 Impact on Global Sleep Apnea Treatment Devices Market

COVID-19 is an infectious disease caused by the most recently discovered novel corona virus. Largely unknown before the outbreak began in Wuhan (China) in December 2019, COVID-19 has moved from a regional crisis to a global pandemic in just a matter of a few weeks.

In addition, production and supply chain delays were also witnessed during the second quarter which poised a challenge to the Sleep Apnea Treatment Devices Market, since end-user industries were still not operating at their full capacity.

Who are the Major Sleep Apnea Treatment Devices Market Vendors?

• ResMed
• Koninklijke Philips N.V.
• Fisher & Paykel Healthcare Limited.
• SomnoMed
• Oventus
• BMC Medical Co., Ltd.
• Glidewell
• DeVilbiss Healthcare
• Braebon Medical Corporation
• Other Players

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Secondary Research:

This research study made extensive use of secondary sources, directories, and databases such as Hoover’s, Bloomberg BusinessWeek, Factiva, and OneSource to identify and collect information useful for a technical, market-oriented, and commercial study of the global market. Other secondary sources included company annual reports, press releases, and investor presentations, white papers, certified publications, articles by recognized authors, manufacturer associations, trade directories, and databases.

Primary Research:

Various sources from both the supply and demand sides were interviewed during the primary research process to obtain qualitative and quantitative information for this report. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, distributors, technology developers, researchers, and organizations from all segments of the value chain of this industry. To obtain and verify critical qualitative and quantitative information, in-depth interviews were conducted with a variety of primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants.

Estimation of Market Size

The total size of the Sleep Apnea Treatment Devices Market was estimated and validated using both top-down and bottom-up approaches. These methods were also widely used to estimate the size of various market sub segments. The following research methodologies were used to estimate market size:

Extensive secondary research was used to identify the industry’s key players.

The revenues generated by the market’s leading players in molecular diagnostics have been determined through primary and secondary research.

All percentage shares, splits, and breakdowns were calculated using secondary sources and confirmed using primary sources.

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