Sleep Apnea Devices Market Size To Reach USD 13,386.5 Million by 2030: P&S Intelligence
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The therapeutic devices category holds the larger share, and it is predicted to grow at a CAGR of about 9% in the years to come. This is mainly credited to the escalating count of OSA cases across the globe.
Moreover, the PAP devices sub-category accounted for an about 35% share of the revenue in 2022. Due to their advantages over other sleep apnea devices, these devices are the most frequently recommended by doctors.
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North America Has Highest Demand for Sleep Apnea Treatment
The North American market for sleep apnea devices holds an around 45% share, credited to the surging cases of sleeping disorders. This is itself due to the rising incidence of heart diseases and obesity, which lead to a high risk of sleep apnea.
Furthermore, the fastest-growing market is APAC, mainly ascribed to the changes in the lifestyle patterns and diet and the surge in the prevalence of OSA. Moreover, the increasing geriatric population is more prone to such conditions owing to the presence of various comorbid diseases in this demographic, which will influence the requirement for diagnostic and therapeutic devices.
Factors Pushing Demand for Sleep Apnea Devices
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Sleep Apnea Devices Market Report Coverage
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