Sleep apnea market to reach $6.8 billion, study says

Wednesday, December 23, 2015

SAN FRANCISCO – The global sleep apnea device market is expected to reach $6.8 billion by 2020, according to a new study by Grand View Research. The driving force behind the trend: rising prevalence of sleep related conditions coupled with lifestyle associated disorders; sleep apnea comorbidities such as hypertension, diabetes, obesity, congestive heart failure, and atrial fibrillation; and an aging population. Advancements in technology, such as such as devices that do not require a mask, machine, and external power source, are also expected to increase market demand.