The global sleep apnea implants market is anticipated to grow at a CAGR of 10.6% during the forecast period (2024-2031). The rising geriatric population creating demand for global sleep apnea implants market during the forecast period. As per the study conducted by European Respiratory Society, the obstructive sleep apnea is a common disorder in older people, 13%-32% of people over 65 yrs old are highly susceptible to sleep apnea. According to United Nations, Department of Economic and Social Affairs report for World Population Ageing 2019, by 2050, 1 in 6 people in the world will be over the age of 65, up from 1 in 11 in 2019.
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In line with this, there were 703 million persons aged 65 years or over in the world in 2019. The number of older persons is projected to double to 1.5 billion in 2050. Globally, the share of the population aged 65 years or over increased from 6.0% in 1990 to 9.0% in 2019. That proportion is projected to rise further to 16.0% by 2050, so that one in six people in the world will be aged 65 years or over. Though, geriatric populations are more vulnerable to sleep apnea it creates considerable demands for advanced treatments.
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Market Coverage
- Segment Covered-
o By Type
o By Indication Type
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- 3B Medical, Inc., Circadiance LLC., DeVilbiss Healthcare LLC, Fisher & Paykel Healthcare Ltd., Invacare Corp., ResMed Inc., Somnetics International, Inc., and so on.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Sleep Apnea Implants Market Report Segment
By Type
- Hypoglossal Neurostimulation Devices
- Phrenic Nerve Stimulator
- Palatal Implants
By Indication Type
- Obstructive Sleep Apnea
- Central Sleep Apnea
By End-User
- Hospitals & Clinics
- Homecare
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