TechNavio recognizes the following companies as the key players in the Global Sleep Apnea Diagnostic and Therapeutic Devices Market: Phillips Healthcare, ResMed Inc., Fisher & Paykel Healthcare Corp., CareFusion Corp., and Natus Medical Inc.
Commenting on the report, an analyst from TechNavio’s team said: “There has been an increase in the adoption of home sleep testing devices due to the increasing inclination of patients to be tested at home for convenience reasons and to prevent the patients from experiencing the unfamiliar environment of a sleep lab for sleep apnea diagnosis. Home diagnostics devices provide accurate results for people suffering from moderate-to-severe apnea. Home testing is also considered less obtrusive as it allows the test to be done in familiar surroundings and in the patient’s own bed. It is also more advantageous to the home-bound, aged, those suffering from a chronic illness, and those who require specialized care by a family member. In addition, the home testing devices for sleep apnea are also cost-effective when compared with the cost of an in-lab sleep study. Therefore, this emerging trend can have a positive impact on the growth of the market.”
According to the report, one of the main drivers of this market is the high prevalence of sleep apnea disorders across the globe in adults and children, and the associated conditions such as hypertension, stroke, Type II diabetes or adult onset diabetes, weight gain, impotence, and cardiovascular diseases.
Further, the report states that one of the major challenges faced by the market is the lack of patient compliance with sleep apnea diagnostic and therapeutic devices. Discomfort coupled with nosebleeds, anxiety, appliance leaking, claustrophobia, nasal stuffiness contributes to patient non-compliance when using CPAP or Bi-level PAP devices.
The report also includes a discussion of the other vendors operating in this market. The other vendors in the market are Apnex Medical Inc., Cadwell Laboratories Inc., Compumedics Ltd., GE Healthcare Ltd., ImThera Medical Inc., Nihon Kohden Corp., Ventus Medical Inc., and WeinmannGerate fur Medizin GmbH + Co. KG.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-sleep-apnea-diagnostic-and-therap…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/healthcare-chemicals-food-retail
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TechNavio Announces the Publication of its Research Report -Global Sleep Apnea Diagnostic and Therapeutic Devices Market 2012- 2016
