Sleep Apnea Devices Market Global Industry Analysis, Growth, Share, Size, Trends, And Forecast 2020 – 2026

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Rising occurrence of sleep ailments such as obstructive sleep apnea (OSA) among the global population is one of the key factors contributing to the market growth.Sleep apnea, an acute sleep disorder, was discovered in 1965. It occurs when the upper airway is repetitively blocked during sleep. Initially, the only effective therapy for obstructive sleep apnea was tracheostomy that bypasses the upper airway obstruction. Launch of continuous positive airway pressure (CPAP) therapy in 1981 was a major discovery for the treatment of sleep apnea. Increasing technological advancements in the sleep apnea diagnostic and therapeutic devices will further boost market growth.In terms of end-users, the market is segregated into sleep laboratories & hospitals, individuals/personal users. The sleep laboratories & hospitals segment accounts for a major share of the sleep apnea devices market. The large share of this segment is due to the availability of a range of diagnostic devices including clinical polysomnography (PSG) devices, actigraphy systems, respiratory polygraphs, and oximeters in sleep laboratories and hospitals. The number of sleep labs and sleep tests performed using a clinical polysomnography (PSG) device globally is increasing, which in turn, is boosting the growth of the market.

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