Therapeutic segment to dominate the United States Sleep Apnea Devices Market
Increasing geriatric
population and surge in prevalence of lifestyle disorders is expected to drive
the demand for United States sleep apnea devices market for the forecast period.
According to TechSci Research report, “United
States Sleep Apnea Devices Market By Type (Therapeutic v/s Diagnostic) By
End User (Hospitals & Clinics, Homecare, Others) By Company, By Region,
Forecast & Opportunities, 2026”, The United States sleep apnea devices
market is expected to witness significant growth for the next five years. Sleep
apnea is potentially serious sleep disorder in which patients suffer from
irregular breathing that is breathing repeatedly starts and stops. People
suffering from obesity and hypertension are more likely to witness the sleep
apnea disease. Also, the increase in old age population who is more prone to
getting affected to sleep apnea are expected to boost the growth of sleep apnea
market for the forecast period. Sleep apnea is often associated with occurrence
of cardiovascular diseases, hypertension, obesity, and diabetes which is more
harmful for the body. Sleep apnea devices are equipment used to manage the
sleep apnea and facilitate easy breathing in patients suffering from sleep
apnea. Shift in preference of consumers towards telehealth monitoring through
mHealth apps is expected to boost the demand for sleep apnea devices market.
Men are more prone to be getting affected by sleep apnea than the females and
the presence of large patient pool in United States is creating lucrative
opportunities for the growth of the sleep apnea devices market. Surge in demand
for portable, superior and more efficient sleep apnea devices is expected to
boost the market growth for the forecast period.
The COVID-19 outbreak across the world which has been
declared as pandemic by World Health Organization has affected countries
adversely. Leading authorities in United States imposed lockdown restrictions
and released a set of precautionary measures to contain the spread of novel
coronavirus. Coronavirus affected patients started suffering from shortness of
breath along with coughing and sneezing. United States authorities increased
the capacity of hospitals as a greater number of patients were getting affected
daily and getting admitted into the hospital facilities. Quarantine and
government restrictions resulted in temporary closure of sleep clinics and
medical equipment suppliers which led to decline in sales of sleep apnea
devices. Demand for CPAP devices took a rise due to their less invasive nature
than ventilators. Therefore, the sleep apnea devices market is expected to be
impacted positively for the forecast period.
However, stringent regulatory requirements and
compliances may create hindrance in the growth of the sleep apnea devices
market.
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United
States sleep apnea devices market is segmented into type, end user, regional
distribution, and company. Based on type, market is further bifurcated into therapeutic
and diagnostic. The therapeutic segment is expected to account to hold major
market share for the forecast period, 2022-2026. Therapeutic devices include
oral devices, nasal devices, chin straps and positive airway pressure devices.
Launch of technologically advanced devices and increase in awareness about the
harmful effects of sleep apnea is fueling the market demand. Supportive
government policies to promote the healthcare infrastructure and widen the
reach of facilities to every sector of society in form of reimbursement
policies is contributing significantly to the sleep apnea devices market growth.
ResMed
Inc., Philips Healthcare USA, Fisher & Paykel Healthcare Inc., Nihon Kohden
America Inc., Invacare Corporation, Devilbiss Healthcare LLC (Medical Depot,
Inc.), GE Healthcare, Natus Medical Incorporated, Somnetics International,
Inc., Curative Medical, Inc. are the leading players operating in United States
sleep apnea devices market. Manufacturers are increasingly focusing on research
and development process to fuel higher growth in the market. To meet evolving
customer demand with respect to better efficiency and durability, several sleep
apnea devices manufacturers are coming up with their technologically advanced
offerings.
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“Manufacturers
are using advanced technologies such as use of new devices capable of signal
acquisition and analysis and use of smart phones for disease prevention which
are integrated with built-in sensors to enhance comfort and convenience of
patients and increase the possibility of sleep monitoring at homes is expected
to foster the growth of the sleep apnea devices market. Use of wireless devices
whose parameters can be changed remotely through sleep centers to perform
continuous positive airway titration and take frequent follow-ups and get regular
feedbacks for effective treatment is expected to propel the sleep apnea devices
market growth until 2026” said Mr. Karan Chechi, Research Director with
TechSci Research, a research based global management consulting firm.
“United States Sleep
Apnea Devices Market By Type (Therapeutic v/s Diagnostic) By End User
(Hospitals & Clinics, Homecare, Others) By Company, By Region, Forecast
& Opportunities, 2026” has evaluated
the future growth potential of United States sleep apnea devices market and
provided statistics & information on market size, shares, structure and
future market growth. The report intends to provide cutting-edge market
intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the of United States sleep
apnea devices market.
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