Sleep apnea is a serious sleep disorder that causes breathing disruptions during sleep. It is largely underdiagnosed as many people are unaware that they have it. Sleep apnea implants are medical devices used to treat sleep apnea and help improve quality of life. Implants work by applying mild pressure to keep the airway open during sleep. Growing awareness about sleep disorders and increased obesity rates that act as a risk factor for sleep apnea are expected to drive demand for sleep apnea implants in the coming years. Moreover, development of innovative new implant technologies is further expanding treatment options for patients.
Market Dynamics:
The global sleep apnea implants market is driven by rising prevalence of obesity and other risk factors associated with sleep apnea. According to the American Academy of Sleep Medicine, over 25 million Americans have sleep apnea but a majority remain undiagnosed. Meanwhile, obesity rates have doubled globally since 1980 according to the WHO with over 650 million adults classified as obese today. Obesity is a leading cause of sleep apnea due to excess weight putting pressure on the airway during sleep. Growing awareness about sleep disorders and their association with cardiovascular and metabolic complications is also fueling patient visits to doctors and diagnoses. However, high costs associated with surgical sleep apnea treatments act as a key restraint for widespread adoption. On the other hand, ongoing innovations focused on developing less invasive and more comfortable implant technologies are expected to present lucrative opportunities. New generation implants aim to provide an affordable and effective alternative to CPAP masks.
Key Features of the Study:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook