The rise of obstructive sleep disorder remains a major challenge for millions of Americans. According to Nature, and Science of Sleep scientific journal, the disorder is on the rise. According to 11 studies published between 1993, to 2013, the disorder affects 17% to 22% each year.
The consequences of it remain a major challenge for individuals, healthcare professionals, industries, and policy makers. For example, the nature and science of sleep journal attributes many long-term health consequences including rising accidents, fatigue, heart disorders, metabolic disorders, and even cognitive impairment to lack of sleep. Moreover, the disorder is also a major reason for loss in productivity, and rise in number of accidents.
The common symptoms of the disorder also include irritability, headaches, memory loss, among others. Moreover, research also shows patients continue to struggle with available means of treatment including first-line therapy.
On the other hand, lack of awareness, and adherence remain challenge to therapies like CPAP, and oral appliance therapy and upper airway surgery promise rising efficacy, thanks to more clinical data. The rising awareness of disorders like Obstructive Sleep Apnea, and growing cases of the disorder, and rising efficacy of treatments will likely drive major growth for the sleep apnea devices market in near future.
According to the Centre for Disease Prevention, and Control, adults who were short sleepers, with less than 7 hours of sleep, witnessed major health issues including obesity, higher smoking rates, physical inactivity, among others. Moreover, adults with more than 7 hours of sleep also reported less chronic problems as compared to adults with fewer than 7 hours of sleep.
Now, this may not point direct causality, however, chronic illnesses promise a major concern in countries like the US, thanks to growing healthcare costs, and rising elderly population. Hence, cheap, effective, and robust healthcare solutions are needed to solve disorders like OSA. Moreover, rising number of technological devices like sleeping masks with personalized shape, and size promise further growth for the sleep apnea devices market in near future.
Rising association of OSA with chronic illnesses, accidents, and loss of productivity has forced favorable reimbursement scenarios for OSA. Moreover, the sleep apnea devices remain a relatively cheaper treatment options for chronically-ill patients, as compared to conventional surgeries, and other therapies.
Moreover, standardization of sleep apnea test, and its growing acceptance at laboratories also remain a promising driver for growth for players in the sleep apnea devices market. The oral devices segment remains most popular among patients; however, the rising awareness about growing treatment option remains a promising future prospect.
The global data suggests there may be as many over 900 million patients suffering from sleep apnea. Moreover, the data is estimated to be 10 times higher than previously reported research. Furthermore, nearly 22 million Americans are reported to experience severe conditions of sleep apnea, with the conditions affecting nearly 2 million adults in the UK.
In large population countries like India, and China, the diagnosis rate remain lower than 1%, promising a major potential push for diagnosis, and subsequent treatment. The rising efficacy, and awareness will likely drive major growth for the sleep apnea devices market.
The sleep apnea devices market report is segmented as below:
By End User
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Based on type, the Sleep Apnea Devices market is segmented into Therapeutic Devices and Diagnostic Devices.
The end-use segments in Sleep Apnea Devices market are Sleep Laboratories and Hospitals & Home Care Settings/Individuals.
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