Top 4 Things to Know About the Global Sleep Apnea Devices Market
The sleep apnea device market has undergone rapid transformation, driven by growing awareness about the consequences associated with disruptive or poor sleep conditions. Sleep apnea is a severe sleeping disorder in which a person experiences interruptive breathing or loud snoring. Long-term untreated or undiagnosed sleep apnea can cause several health problems, such as daytime sleepiness, cognitive impairment, fatigue, and metabolic disorders.
The development of groundbreaking sleep apnea devices, including auto-adjusting pressure machines, bilevel positive airway pressure machines, continuous airway pressure machines, and implantable devices, makes it easier to treat patients with disruptive sleep issues.
Having witnessed remarkable growth, the sleep apnea device market size is estimated to be worth USD 13.5 billion in 2024. The market is poised to grow substantially at a high CAGR of 4.94% from 2023-2035, according to Roots Analysis. Further, the growth in the sleep apnea devices market is likely to be the result of increasing cases of sleeping disorder patients and a rising demand for advanced devices to treat patients.
Based on the latest market insight from the Roots Analysis market research report, here`s a look at the top four factors that are shaping the sleep apnea device market in 2024 and beyond.