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Sleep Apnea Implants Market Size

  • Report ID: GMI5279
  • Published Date: Sep 2024
  • Report Format: PDF

Sleep Apnea Implants Market Size

Sleep Apnea Implants Market size was valued at USD 461.2 million in 2023 and is anticipated to witness growth at a CAGR of 14.8% between 2024 and 2032. The market is experiencing growth driven by the increasing prevalence of obstructive sleep apnea, low compliance & adherence towards CPAP, and rising awareness regarding sleep apnea.

 

The surging global prevalence of obstructive sleep apnea (OSA) is significantly propelling the expansion of the sleep apnea implant market. According to the National Institutes of Health (NIH), approximately 936 million adults aged 30-69 years are affected by OSA globally. With OSA impacting diverse demographics worldwide, the demand for effective treatment solutions is intensifying. Additionally, this rising global challenge of OSA is fueling an increased demand for innovative therapies, including sleep apnea implants, which promise long-term management of the condition.
 

Furthermore, as awareness of obstructive sleep apnea and its associated health risks grows, more individuals are seeking medical evaluation and diagnosis. This has led to an increase in the identification of OSA cases, driving the demand for treatment options. Sleep apnea implants, which offer a long-term solution for patients who cannot tolerate continuous positive airway pressure (CPAP) therapy, are becoming a popular choice among diagnosed individuals.
 

Sleep apnea implants are medical devices surgically implanted in patients to treat moderate to severe cases of sleep apnea. These implants work by stimulating specific nerves, muscles, or tissues to maintain an open airway during sleep, preventing the repetitive pauses in breathing that characterize sleep apnea.

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Sleep apnea implants industry was valued at USD 461.2 million in 2023 and is anticipated to witness a CAGR of 14.8% through 2032, driven by the increasing prevalence of obstructive sleep apnea, low compliance & adherence towards CPAP, and rising awareness regarding sleep apnea.

The obstructive sleep apnea segment was valued at USD 432 million in 2023 and will grow as it provides a more comfortable and effective long-term solution, and preference among healthcare providers.

North America sleep apnea implants industry was valued at USD 358.3 million in 2023 and is predicted to record a CAGR of 14.3% through 2032, attributed to the high prevalence of sleep apnea, well-established healthcare infrastructure, and growing public awareness.

Asahi Kasei Corporation, Inspire Medical System, Medtronic plc, Nyxoah SA, and Siesta Medical, Inc. among others.

Sleep Apnea Implants Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 5
  • Tables & Figures: 100
  • Countries covered: 11
  • Pages: 100
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