North America Sleep Apnea Devices Market Opportunities, Emerging Investors, Top Key Players, Target Audience and Forecast
The North America Sleep Apnea Devices Market is expected to reach US$ 3,705.8 Mn in 2025 from US$ 2,102.4 Mn in 2017. The market is estimated to grow with a CAGR of 7.6% from 2018-2025.
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The growth of the sleep apnea devices market is driven by factors such as technological advancements and the rising geriatric population. However, challenges such as lack of patient compliance and the economic burden of sleep apnea may impact market expansion in the region.
Advancements in the field of biology have significantly improved various medical devices, including oral appliances for sleep apnea treatment. In recent years, industry players have introduced innovative sleep apnea devices. For instance, in October 2015, Whole You, Inc. launched a new line of oral appliances for snoring and obstructive sleep apnea, along with its first denture product, NEXTEETH. This product utilizes CAD/CAM technology and advanced materials to provide a precise fit and a thinner palatal plate for enhanced comfort.
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Author’s Bio:
Suryakant Gadekar
Senior Market Research Expert at Business Market Insights
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