Sleep apnea is a sleep disorder in which normal breathing get impaired. There are there main types of sleep apnea viz. central sleep apnea, obstructive sleep apnea, and complex sleep apnea. Home sleep apnea testing gives a broad spectrum to the physician about breathing pattern of patient. In the market, various home sleep apnea testing devices are available along with the well-equipped sensors and detectors. Commonly, these sleep apnea testing devices also measure the heart rate and oxygen capacity. Usually, home sleep apnea testing device capable to diagnose obstructive sleep apnea. Ignorance towards sleep apnea can lead to serious health complications, which may include heart disease, depression, trauma, etc.
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Home Sleep Apnea Testing Market: Drivers and Restraints
The rise in patient pool suffering from obesity and chronic sinus has raise the prevalence of sleep apnea. Hence, the increasing prevalence of sleep apnea throughout the globe has raise the demand for home sleep apnea testing market in last decade. Also, home sleep apnea testing is cost effective and easy method to diagnose the sleep apnea. Cost effectiveness is the key factor behind the robust growth of sleep apnea testing market. Moreover, availability of favourable reimbursement policies, as well as cover by private insurance service providers are factors expected to fuel the revenue growth of global home sleep apnea testing market. Additionally, the high focus of modern fitness centres, rehabilitation centres, and yoga centers, to aware the people about the sleep apnea will also responsible for the progress of home sleep apnea testing market. The results of home sleep apnea testing device is completely accurate and can show the false measurement which may deter the growth of home sleep apnea testing market over the forecast period.
Home Sleep Apnea Testing Market: Overview
According to the National Commission on sleep disorder research, more than 45 million people in U.S. suffering from chronic and long term sleep disorders during 2017. Recently the regulations from the regional regulatory agencies for the manufacturing of sleep device getting stricter, this may cause the barrier for the new manufactures in the sleep testing devices. Also the tough competition between the already existed market players is growing for the new product development in home sleep apnea testing devices.
Home Sleep Apnea Testing Market: Regional Overview
On a basis of region, North America, Europe, and the Asia Pacific region are expected to exhibit the strong growth potential owing to the growing awareness among the people about home-based sleep apnea testing. North America is dominant region sharing for the home sleep apnea device market which is then followed by Europe. European countries such U.K., Germany and France anticipated to contribute the major revenue share in the global home sleep apnea testing device market due to availability of favorable reimbursement scenario. Hence, Europe has become hub for the home sleep apnea testing devices manufactures. The rise in number of people suffering from sleep apnea has provide the sleep apnea especially in India and China is responsible for the robust growth of home sleep testing service market.
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Home Sleep Apnea Testing Market: Key Players
Some of the key players found across the value chain home sleep apnea testing Market are Resmed, Sleep Med Inc., NovaSom, Curative Medical Inc., and Phillips Respironics, and others.