Problems with
sleeping are quite common and are also referred to as a worldwide epidemic. Sleep
apnea is one such problem.
Obstructive sleep apnea is very prevalent. About eighty four percent of those
afflicted with sleep apnea are detected with obstructive sleep apnea.
Research has shown that there are around hundred million obstructive sleep
apnea cases in the world and eighty percent out of them remains undetected.
The sleep apnea
devices market is new and is achieving momentum with time. This momentum is
taking place at a quick rate, particularly in urbanized geographical regions.
The sleep apnea devices market demand is predicted to augment at a quicker
rate. This is owing to growing consciousness among patients and
doctors about this illness.
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The market is
experiencing extraordinary development across the globe owing to massive
need for advanced methodologies of treatment. It is necessary for people to
sleep well in order to make sure that they remain healthy. The rapid
expansion of the medical devicesindustry is considered to be a major
component, driving demand for the sleep apnea devices market.
The sleep apnea
devices market was found worth about USD 3, 805 million in 2012. It
is estimated to increase from 2013 to 2019, at about 8 percent CAGR. The quick
innovations in technology and growing consciousness regarding sleep apnea are
anticipated to offer huge prospects of improvement to the market. The
sleep apnea devices market is expected to witness maximum
development over the projected period.
Not agreeing to
resort to these devices for treatment, heavy uneasiness and consistency of
remedial devices are expected to prevent the approval of sleep apnea devices.
This is likely to prevent the sleep apnea devices market from growing further.
North America occupied the biggest share in the market in 2012. It was trailed
by Europe in the same year. Both these continents accounted for the lion’s share
in the sleep apnea devices market.
This is owing to
growing sleep apnea cases, rising awareness about them and increasing
acceptance of sleep apnea devices.
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