VALLEY COTTAGE, N.Y. – Future Market Insights (FMI)
recently published a detailed study on the global sales of and advancements in new-age
sleep apnea diagnostic systems, and it estimates the global sales to reach
approximately US$ 7 billion by 2029. An alarming rise in the global prevalence
of severe sleep and breathing disorders such as obstructive sleep apnea and
central sleep apnea is mainly triggering the advancements and sales of faster
and more accurate sleep apnea diagnostic systems.
Taking into consideration the rise in incidence of sleep apnea and ever-evolving healthcare sector, the FMI study estimates that the sleep apnea diagnostic systems market will expand across the world at an impressive CAGR of nearly 12% between 2019 and 2029. With the healthcare industry converging with the latest advancements in technologies, increasing focus on the technology aspect of sleep treatments and sleep apnea diagnostic systems will have a significant impact on growth prospects of the market, opines the study.
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Leading players in the sleep
apnea diagnostic systems market are focusing on improving the efficiency,
speed, and accuracy of monitoring breathing and sleep patterns to diagnose
sleep disorders by incorporating state-of-the-art technologies. In the coming
years, the rise in adoption of sleep apnea diagnostic systems in the form of
smart devices and wearable accessories is expected to underscore an important
emerging trend in the sleep apnea diagnostic systems, according to the FMI
Preference for Digital Health Tools for Home Recording Influence
The FMI study finds that the advancements in telemedicine and tech-driven models of new diagnostic systems is expected to reflect in changing trends in the sleep apnea diagnostic systems market. Patients are showing proclivity for digital healthcare devices that can enable them to diagnose sleep apnea at home, as and when they require to. This is mainly attributed to the increasing awareness about the connection of sleep apnea with other lifestyle diseases such as hypertension, high blood pressure, and cardiovascular diseases.
Preview Analysis Of2019 Analysis and Review of Sleep Apnea Diagnostic Device Market by Product – Polysomnography (Psg) Devices, Sleep Apnea Screening Devices, and Actigraphy Monitoring Devices for 2019 – 2029:https://www.futuremarketinsights.com/reports/sleep-apnea-diagnostic-system-market
In the coming years, the demand
for home sleep apnea diagnostic and testing systems is expected to increase at
a significant rate, influencing market players’ strategies and global market
dynamics. Leading stakeholders in the sleep apnea diagnostic systems market are
noticing these changes in end user requirements, which reflect in growing
preference for self-applicable recording devices and sleep apnea diagnostic
systems. A majority of market leaders are incorporating cost-effective
technologies to introduce wearable and home monitoring tools in order to stay
ahead of the curve in this landscape.
Market Leaders Target Sleep Centers and Clinics to Boost Sales
While patients are preferring home testing kits of sleep apnea diagnostic systems, the adoption of technologically advanced diagnostic devices is expected to remain highest in sleep centers and sleep clinics, projects the FMI study.
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“The implementation of next-generation sleep apnea diagnostic systems is increasing in sleep centers and sleep clinics for continuous monitoring of patients, in order to reduce the adverse impacts of the disease. With the use of sleep apnea diagnostic systems, sleep centers and clinics are aiming to reducing the incidence of cardiovascular diseases and cardio arrest among patients, ultimately to improve their clinical outcomes. This will influence emerging trends in the sleep apnea diagnostic systems market,” said the lead analyst at FMI.
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Mr. Abhishek Budholiya
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