Increasing older population and changing lifestyle of people are expected to drive the demand for Sleep Apnea Device Market in the forecast period, 2023-2027.
According to TechSci Research report, “United Kingdom Sleep Device Apnea Market- By Region, Competition Forecast and Opportunities, 2017-2027”, The United Kingdom Sleep Apnea Device Market is anticipated to grow at an impressive rate in the forecast period, 2023-2027. The sleep Apnea Device Market is expected to increase due to the growing older population, unhealthy food habits, and a Switch in sleep hours. Sleep apnea is one of the region's common and unknowable sleep disorders. Peoples are not much aware of the problem even though they face the issues, but recent accidents due to sleep apnea consider this issue. Investing more in awareness, diagnosis, and treatment of obstructive sleep apnea could protect the NHS up to 28m Euro and avoid up to 40,000 traffic accidents per year. Government or peoples are now apprehensive about the problem and taking preventive measures to reduce the outcome. The growing awareness about sleep apnea syndrome is driving people into hospitals. Thus, it directly impacts the growth of Sleep apnea devices as the demand for treatment increases.
Urbanization and modernization led worlds to connect in their time zone, with more physical movement. Due to this, people are working at night and affecting their sleep cycle, which is one of the main reasons for Sleep apnea, anxiety, and other serious. Almost 75% of people are facing hypertension & sleep disorder and are taking medication at hospitals. This data represents emerges of the number of patients in the upcoming year and impacts the sleep apnea growth in the region. Furthermore, the increasing population, consumption of alcohol & tobacco, innovation in the device, and other habits are reasons for sleep apnea syndrome and impact the increasing demand of the sleep apnea market. Thus, the abovementioned factors will drive the growth and directly impact the United Kingdom Sleep Apnea Device Market growth.
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The United Kingdom Sleep Apnea Device Market is segmented based on type, indication and end user.
Based on the Sleep Apnea Device type, the market is split into therapeutic and diagnostic. The therapeutic segment is expected to hold the largest market share in 2022. The growing figure of diagnosed patients undertaking treatment in hospitals and clinics, including CPAP therapy, is responsible for the therapeutic segment. Almost 95% of a patient taking treatment preferred CPAP therapy for diagnosis.
Based on the end-user type, the market is divided into hospitals & clinics, homecare, and others. As per estimates, the homecare segment is going to experience the highest market share during the forecast period. Due to the current scenario and other factors, marketers focus on introducing new portable devices. The increased supply of portable devices is driving more share as it is easy to transport and store at home. Thus, patients prefer homecare devices for OSA treatment at home and hold most of the market share.
Based on indication type, the market is split into animal obstructive sleep apnea and central sleep apnea. Obstructive sleep apnea is expected to account for a significant market share over the next projected years. As many patients are visiting the hospital and taking adequate treatment at the initial stage doesn’t create a situation to reach an extreme stage. The increasing awareness about the syndrome is responsible for the large market share of obstructive sleep apnea.
Major operating companies operating in United Kingdom Sleep Apnea Device Market are:
- ResMed UK Limited
- Philips Medical Systems UK Limited
- Invacare UK Limited
- Drive DeVilbiss Limited
- Intus Healthcare Limited
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"The London region is expected to dominate the United Kingdom market in the coming years due to its massive population and changing lifestyle. People in this region are expected to have many patients due to changes in lifestyle directed to an increase in cases of obesity, Blood pressure, anxiety, and other problems. All the problems are common symptoms of sleep apnea syndrome and lead to severe health issues. Increasing awareness about sleep apnea and increasing health issues related to allergies, obesity, tonsils, and anxiety are the major factor driving the market growth of the sleep apnea market. United Kingdom government is planning to invest almost 260 million euros in R&D of the healthcare sector by UK government to enhance the existing process and devices. Thus, this step is expected to increase sleep apnea devices' market share.
The demand for Positive Airway Pressure Devices is expected to increase in the project year in the United Kingdom due to their compatibility and outcome after use. Inclinations towards the use of advanced, comfortable, and better devices by the patient and forced manufacturers & government to invest in R&D and is expected to impact market growth and create favorable conditions to propel the United Kingdom Sleep Apnea Device Market growth till 2027.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“United Kingdom Sleep Apnea Device Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 By Type (Therapeutic, and Diagnostic), By Organic Amendments (Obstructive Sleep Apnea, and Central Sleep Apnea), By End User (Hospitals & Clinics, Homecare, and Others), By Method Type (Positive Airway Pressure Devices, Facial Interfaces, Oral Appliances, Adaptive Servo-Ventilators, and Others), By Device Type (Polysomnography Devices, Home Sleep Testing Devices, Sleep Screening Devices, Oximeters, Others), By Region, Competition Forecast and Opportunities, 2027, has evaluated the future growth potential of united kingdom sleep apnea device market and provides statistics & information on market size, structure, and future market growth. the report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in United Kingdom sleep Apnea Device market.
Mr. Ken Mathews
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