There is a strong pool of patients who suffer from sleep apnea disorder, with common complains being dry nasal passages, claustrophobia, difficulty in tolerating pressurized air, skin irritation from masks, and most of them are recommended for continuous positive airway (CPAP) pressure therapies. In this disorder, patients stop breathing momentarily as a result of obstructions in the airways. Some of the side effects of obstructing sleep apnea are heart attack, heart arrhythmias, high blood pressure, increased risk of diabetes, and stroke.
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According to a recent business intelligence study by TMR Research, owing to the strong patient pool, the demand in the global sleep apnea oral appliances market will increment at a notable CAGR during the forecast period of 2017 to 2025. The report is titled “Sleep Apnea Oral Appliances Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025.” The report has gauged all factors and provided figurative estimations of the demand of various segments, provided insights in which regions and countries will produce maximum demand, and profiled a number of key players in its featured chapter on competitive landscape.
Growing popularity of oral appliances in sleep apnea management, growing awareness regarding the disorder, large pool of undiagnosed patients, and recent technological advancements are some of the key factors driving the demand in the global sleep apnea oral appliances market. On the other hand, high prices of customized appliances, complexities pertaining to referral pathways, and long waiting periods are obstructing the market from attaining greater profitability. That being said, growing demand for home care on the back of increasing geriatric population is expected to open new opportunities in the near future.
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ResMed, Whole You, and SomnoMed are some of the key players operating in the global sleep apnea oral appliances market.