The global sleep apnea devices market size was valued at USD 3.8 billion in 2021, growing at a CAGR of 6.2% during the forecast period 2022-2028. Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on “Sleep Apnea Devices Market: By Type (Diagnostic Devices (Polysomnography Devices (PSG), Pulse Oximeters, and Actigraphy Devices), Therapeutic Devices (Positive Airway Pressure (PAP) Devices, Oxygen Devices, Oral Appliances, Adaptive Servo Ventilation (ASV) Devices, and Masks and Accessories), Sleep Apnea Masks), By End-User (Home Care Settings/Individuals, Sleep Laboratories & Hospitals) - Global/Region/Country Forecast to 2028.

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An overview on the Global Sleep Apnea Devices Market:
Global sleep apnea is a chronic disorder. A few major symptoms of this disorder are choking and snoring. It is characterized with repetitive obstructions in breathing during sleep. Portable home sleep diagnostic devices and polysomnography enable to diagnose the sleep apnea. Mood disorders, cardiovascular disorders, glaucoma, memory and cognitive problems are the long-term health issues associated with sleep apnea. Positive airway devices (PAP) are the first line therapy available for sleep apnea disorder. Surgery and dental appliances are the second-line treatment available if patients are not responding to the PAP therapy.

Global sleep apnea devices market anticipated to expand at considerable CAGR rate because of the growing adoption of the advanced technologies for treating sleep apnea. CPAP devices are the most commonly used devices for treating sleep apnea. The pressure delivered to the airway is similar during inhalation and exhalation. Respiratory polygraph devices and polysomnography are the diagnostic devices available. Actigraph devices are anticipated to expand at considerable CAGR rate. Such devices allow evaluate real-world sleep-wake patterns and measure motions of the body.

North America accounted for major share in the Global Sleep Apnea Devices Market:
On the basis of regional analysis, global sleep apnea devices market has been categorized into major regions such as Asia Pacific, Latin America, North America, Europe, Middle East and Europe.  Among all these regions, U.S. is accounted for major share in 2015, anticipated to continue is revenue share in North America due to increase in the patient numbers in the region. Almost 18 million people suffered from sleep apnea in the U.S. in 2012 according to National Sleep Foundation statistics. Government initiatives to increase consciousness about adoption of new treatment options and sleep apnea can create profitable opportunities over the forthcoming years and these factors fuel the Europe market. The UK also witnessed the majority of market share because of the favorable government policies and reimbursement scenario and increase in the prevalence of sleep apnea. Asia Pacific provides profitable opportunities because of the increased medical tourism in the emerging economies including India, South Korea and China.

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Competitive Analysis - Global Sleep Apnea Devices Market:
Major players working in the global sleep apnea devices market are SomnoMed Ltd, ResMed, Inc, Philips Healthcare, Fisher & Paykel Healthcare Ltd., Compumedics Limited and Braebon Medical Corporation. Key players in the market focus on following key strategies such as mergers, acquisitions and collaborations.

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