Global Sleep Apnea Diagnostic System Market is Expected to be Worth US$ 14,639.7 Mn, By The End of 2027

-
Sleep Apnea Diagnostic System
Sleep Apnea Diagnostic System


Polysomnography (PSG) devices, screening devices, and actigraphy monitoring devices are examples of sleep apnea diagnostic systems. Polysomnography is a type of sleep study that is used to diagnose a variety of sleep disorders. The device records brain waves, blood oxygen levels, heart rate, breathing, and eye and leg movements, among other things.

Working in shifts and stressful working environments cause sleep apnea, and various technological advancements in Sleep Apnea Diagnostic System Market are driving the growth of the global sleep apnea diagnostics market. However, the high cost of sleep apnea diagnostics and a lack of awareness about sleep apnea are limiting the market's growth. Untapped markets in developing economies, on the other hand, are expected to present lucrative opportunities during the forecast period.

The rising prevalence of sleep apnea will be a major factor driving the global Sleep Apnea Diagnostic System Market. According to a study published in July 2019 titled "Estimation of the global prevalence and burden of obstructive sleep apnea: a literature-based analysis," 936 million adults aged 30–69 years have mild to severe obstructive sleep apnea and 425 million adults aged 30–69 years have moderate to severe obstructive sleep apnea globally.

Furthermore, the high prevalence of cardiovascular disease (CVD) is expected to boost market growth. According to the American Heart Association's Heart Disease and Stroke Statistics 2018, approximately 92.1 million adults in the United States suffer from CVD or stroke-related complications. In terms of volume, North America dominated the global sleep apnea diagnostic system market in 2019, accounting for 53.5 percent of the market, followed by Asia Pacific.

The Coronavirus (COVID-19) was discovered in Wuhan, Hubei Province, China. The disease is caused by a virus called SARS-CoV-2 (severe acute respiratory syndrome coronavirus 2), which is transmitted from person to person. Restrictions on the cross-border trade of pharmaceutical ingredients and products disrupted supply chains. COVID 19 is also an infectious disease that causes flu-like symptoms such as fever, cough, and difficulty breathing. The COVID-19 pandemic has impacted the most critical areas of the Sleep Apnea Diagnostic System Market by disrupting clinical trials and drug supply to patients.

Comments

Post a Comment

Popular posts from this blog

Security Robot Market to Reach US$ 11.8 Billion by 2022

-
Image
Security Robot Market The Global Security Robot Market is estimated to be valued at US$ 11.8 billion in 2022 and is expected to exhibit a CAGR of 12.87% over the forecast period 2022 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Security robots are rapidly gaining traction due to their ability to enhance security and surveillance in various industries. These robots offer advantages such as round-the-clock monitoring, real-time video monitoring, and quick response to potential threats. The increasing need for advanced security measures to prevent theft, vandalism, and unauthorized access is driving the demand for security robots. These robots are widely used in industries such as retail, healthcare, transportation, and manufacturing to ensure the safety of assets and individuals. The market is expected to witness significant growth due to the rising security concerns and advancements in robotic technologies. Market Key Trends: One ke
Read more

Intravenous Fluid Therapy is the Fastest Growing Segment Fueling the Growth of Intravenous Solutions Market

-
Image
Intravenous Solutions Market The global Intravenous Solutions Market is estimated to be valued at US$ 577,228 bn or Million in 2023 and is expected to exhibit a CAGR of 6.1% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Intravenous solutions are fluids administered through a vein via a needle or catheter. They are often used to provide essential nutrients, medications, or fluids to patients. Common uses include rehydration, correcting electrolyte imbalances, and ensuring nutrition is delivered for patients who cannot eat or absorb nutrients through the digestive system. Market key trends: One of the major trends in the intravenous solutions market is the increasing use of intravenous fluid therapy. Intravenous fluid therapy involves the administration of aqueous solutions containing electrolytes, sugars, and medications through an intravenous catheter. It is widely used for rehydration, maintenance of f
Read more

Global Report on LED Driver Market for the Forecast Period 2023-2030

-
Image
LED Driver Market The LED Driver Market has been growing rapidly over the past few years, driven by the increasing demand for energy-efficient lighting solutions across residential, commercial, and industrial sectors. LED (light-emitting diode) lighting technology has several advantages over traditional lighting solutions such as incandescent and fluorescent lights, including longer lifespan, lower energy consumption, and lower maintenance costs. However, to power and control LED lights, an LED driver is required. The LED Driver Market was valued at USD 7.7 billion in 2020 and is expected to reach USD 10.5 billion by 2025, at a CAGR of 6.4% during the forecast period. LED drivers are electronic devices that regulate the power supply to LED lights. They convert AC voltage from a power source to DC voltage suitable for LEDs, and also provide the necessary current and voltage regulation to ensure proper functioning of the LED lights. LED drivers can be either constant current or constant
Read more