Global Sleep Apnea Diagnostic and Therapeutic Devices Market to Register at a CAGR of 7.8% by 2019

Transparency Market Research Report Added “Sleep Apnea Diagnostic and Therapeutic Devices Market” to its database.

Sleep Apnea Diagnostic and Therapeutic Devices Market: Overview

Rapid pace of technological developments in the field of sleep apnea devices has ensured introduction of efficient diagnosis and treatment methodologies that has rendered enhanced patient outcomes. The sleep apnea devices market is witnessing impressive growth globally majorly due to tremendous demand for novel and innovative diagnostic and efficient treatment methodologies. Treatment of sleep disorders is essential in order to ensure healthy lifestyle. The speedy growth of the overall medical device industry is considered to be a major driving force for the growth of the sleep apnea diagnostic and therapeutic devices market.

The report analyzes the global market for sleep apnea devices by two major segments namely diagnostic and therapeutic devices. Also, a detailed geographical landscape has been provided. The diagnostic devices segment has been further categorized into four major diagnostic devices namely actigraphy systems, polysomnography devices, respiratory polygraph and single channel screening devices (pulse oximeters). Therapeutic devices segment has been further classified into five major devices namely, airway clearance systems, adaptive servo-ventilators (ASV), positive airway pressure (PAP) devices, oral appliances and oxygen devices.

All the above mentioned segments are analyzed on the basis of market size in terms of USD million and their forecasts for the period 2013 to 2019 have also been provided. The CAGR (%) for each market segment has been estimated for the forecast period 2013 to 2019, considering 2012 as the base year.

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Sleep Apnea Diagnostic and Therapeutic Devices Market: Segments

Sleep apnea devices market can be analyzed by diagnostic and therapeutic devices and geography. Diagnostic devices segment is further classified into four major types. Actigraphy devices are anticipated to grow at a highest CAGR of over 7% followed by respiratory polygraph throughout the forecast period from 2013 to 2019. The major reason being the compact nature of these devices and these devices support home testing with high reliability. In addition, rapid pace of technological advances and increased preference for portable and mobile devices further fuel the growth of the market. This can be evident from some of the technologically advanced development of efficient and compatible actigraphy systems along with development of various forms of pulse oximeters.

Innovation and novelty in design and features of therapeutic devices provide lucrative growth prospects for the sleep apnea devices market. This can be evident from the introduction of implantable devices based on neurostimulation along with development of portable and highly mobile treatment devices such as CPAP device developed by Human Design Medical Company. All these factors encourage the growth and uptake of these devices worldwide. Positive airway pressure (PAP) devices and oral appliances are estimated to record highest growth rates during the forecast period. The major reason being the development of custom made devices depending on the nature of symptoms and patient compliance.

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