Asia-Pacific Sleep Apnea Implants Market Trends, Size, Competitive Analysis and Forecast 2021-2027
The Asia-Pacific sleep apnea market is anticipated to grow at a CAGR of 8.2% during the forecast period (2021-2027). The market in the region is largely driven by the growing prevalence of sleep disordes such as sleep apnea due to the increasing workplace stress and depression. According to the IHME, the share of the population with depression ranges mostly between 2% and 5% across Asia-Pacific in 2017. Australia has one of the highest % of populations with depression where 4.62% of people are suffering from depression. Further, the prevalence of anxiety and schizophrenia is also high in Australia where schizophrenia accounts for 0.36% of the population and anxiety accounts for 6.58% of the population according to IHME.
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These increasing numbers of mental disorders across Asia-Pacific are
increasing the incidences of sleep apnea among the patients. The Asia-Pacific
sleep apnea implants market presents future opportunities for growth as the
prevalence of sleep disorders such as sleep apnea and insomnia in emerging
economies such as India, Australia, and China. In addition, increasing the
geriatric population specially in Japan is another major reason for the growing
market. Japan’s Ministry of Health, Labour and Welfare have approved Inspire
Medical Systems Inc’s Inspire therapy for the treatment of severe to moderate
OSA in 2019. The approval of such treatment therapy is again aiding to the
market growth.
·
The
market number available for – 2020-2027
·
Base
year- 2020
·
Forecast
period- 2021-2027
Segment
Covered-
·
By Type
·
By
Indication Type
·
By
End-User
·
Competitive
Landscape- 3B Medical, Inc., Circadiance LLC., Invacare Corp., ResMed Inc.,
Somnetics International, Inc., and so on.
A full
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·
Hypoglossal
Neurostimulation Devices
·
Phrenic
Nerve Stimulator
·
Palatal
Implants
By Indication
Type
·
Obstructive
Sleep Apnea
·
Central
Sleep Apnea
By End-User
·
Hospitals
& Clinics
·
Homecare
Asia-Pacific
Sleep Apnea Implants Market Report Segment by Region
·
China
·
India
·
Japan
·
South
Korea
Rest of
Asia-Pacific
Company Profiles
·
Apex Medical Corp.
·
BMC Medical Co., Ltd.
·
Curative Medical Inc.
·
Koninklijke Philips N.V.
·
Lianluo Smart Ltd.
·
Medtronic PLC
·
Natus Medical, Inc.
·
Pacific Medico Co., Ltd.
·
ResMed Inc.
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