The sleep apnea implants market is expected to witness market growth at a rate of 5.09% in the forecast period of 2021 to 2028 and is expected to reach USD 675.19 million by 2028. Data Bridge Market Research report on sleep apnea implants market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the incidence of sleep apnea is high in the elderly population, escalating the growth of the sleep apnea implants market.
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Sleep apnea is a common form of sleep disorder that is caused when a person has trouble breathing while sleep where breathing frequently stops and starts. Sleep apnea devices are mainly offered as a diagnostic and therapeutic device in order to treat central sleep apnea syndrome, obstructive sleep apnea syndrome and complex sleep apnea syndrome.
Major factors that are expected to boost the growth of the sleep apnea implants market in the forecast period are the rise in the incidence of sleep deprivation disorders like obstructive sleep apnea (OSA). Furthermore, the huge pool of the population that are affected by sleep apnea is further anticipated to propel the growth of the sleep apnea implants market. Moreover, increase in the case of chronic diseases like cancer, arthritis, metabolic disorder, orthopedics, respiratory diseases, cardiovascular diseases, and other age-related diseases is further estimated to cushion the growth of the sleep apnea implants market. On the other hand, the rise in the price of sleep apnea implants is further projected to impede the growth of the sleep apnea implants market in the timeline period.
North America dominates the sleep apnea implants market due to the increase in the incidence of respiratory disorders. Furthermore, the rise in the alertness regarding sleep apnea and huge patient pool will further boost the growth of the sleep apnea implants market in the region during the forecast period. Asia-Pacific is projected to observe significant amount of growth in the sleep apnea implants market due to the rise in the elderly population. Moreover, the growing incidence of lifestyle diseases is further anticipated to propel the growth of the sleep apnea implants market in the region in the coming years.
The major players covered in the sleep apnea implants market report are Inspire Medical Systems, Inc., LinguaFlex, LivaNova PLC, Medtronic, Respicardia Inc., Siesta Medical Inc., Koninklijke Philips N.V., NIHON KOHDEN CORPORATION., Nyxoah SA, ResMed, Fisher & Paykel Healthcare Limited, SomnoMed, VYAIRE, DeVilbiss Healthcare LLC, Somnowell, Natus Medical Incorporated., CONTEC MEDICAL SYSTEMS CO., LTD, Cleveland Medical Devices Inc., nox medical and Advanced Brain Monitoring, Inc, among other domestic and global players
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