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Sleep Apnea Diagnostics Market Size Analysis, Drivers, Restraints, Key Factors Forecast

11-21-2024 02:13 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

The Sleep Apnea Diagnostics Market is projected to reach US$ 685.66 million by 2028 from US$ 473.95 million in 2021; it is estimated to grow at a CAGR of 5.4% from 2021 to 2028.

Factors such as increased sleep apnea prevalence, technological developments, and rising geriatric population are boosting the sleep apnea diagnostics market growth. However, the high cost of diagnosis, and challenges in medical device industry hamper the growth of the market.

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Analysis of the Top Market Players:

1. Drive DeVilbiss International
2. ResMed Inc.
3. Nihon Kohden Corporation
4. SOMNOmedics GmbH
5. Cleveland Medical Devices Inc.
6. Koninklijke Philips N.V.
7. Cadwell Industries Inc.
8. Natus Medical Incorporated
9. Itamar Medical Ltd.
10. Compumedics Limited

In this report, the market has been segmented on the basis of:

Product [Polysomnography (PSG) Device, Home Sleep Testing Devices, Oximeter, Actigraphy Monitoring Device, and Sleep Apnea Screening Device]
End User (Hospitals and Sleep Laboratories, and Home Care Settings), and Geography

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Sleep apnea is a common type of sleep disorder that happens when an individual is having trouble in breathing during sleep where breathing repeatedly stops and starts. Sleep apnea devices are primarily provided as diagnostic and therapeutic devices in order to treat obstructive sleep apnea syndrome, central sleep apnea syndrome and complex sleep apnea syndrome. Continuous positive airway pressure is widely recommended device to treat obstructive sleep apnea.

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