Sleep Apnea Devices Market : Emerging Trends, Business Growth Opportunities

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Sleep Apnea Devices Market : Emerging Trends, Business Growth Opportunities
3 Min Read

The market in Europe is expected to be driven by rise in awareness about sleep apnea, increase in need of diagnostic tests

Sleep Apnea Devices Market: Introduction

According to the report, the global sleep apnea devices market was valued at US$ 7 Bn in 2020 and is projected to expand at a CAGR of 8.5% from 2021 to 2028. Sleep apnea is a serious sleep disorder, in which a person's breathing is interrupted while sleeping. Untreated sleep apnea causes people to stop breathing frequently during the night, sometimes hundreds of times. The three types of sleep apnea are obstructive, central, and mixed. Obstructive sleep apnea (OSA) is the most common of the three. Obstructive sleep apnea occurs when the upper airway is partially or completely blocked during sleep. During an apnea episode, the diaphragm and chest muscles work harder to open the airway as the pressure rises.

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Increase in Number of Undiagnosed Sleep Apnea Patients Globally

Sleep disorders, including sleep apnea, have emerged as a major public health concern in the U.S. Sleep apnea affects an estimated 22 million people in the U.S., with 80% of moderate and severe obstructive sleep apnea cases going undiagnosed. OSA, which accounts for the majority of cases, could lead to high blood pressure, chronic heart failure, atrial fibrillation, stroke, and other cardiovascular problems if left untreated. It is linked to type 2 diabetes and depression, and is a factor in a number of traffic accidents and accidents involving heavy machinery due to the persistent drowsiness experienced by many OSA patients before the disease is recognized and treated.

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Polysomnography (PSG) Devices Segment to Dominate Market

In terms of diagnostic device, the global sleep apnea devices market has been classified into actigraphy systems, polysomnography (PSG) devices, respiratory polygraph, and single-channel screening devices (pulse oximeters). The polysomnography (PSG) devices segment accounted for a major share of the global market in 2020. Polysomnography (PSG), a type of sleep study, is a multiparametric test used in sleep research and as a diagnostic tool in sleep medicine.