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Europe Sleep Apnea Market is predicted to reach USD 2.28 Billion by 2023.

 



(Medical-NewsWire.com, September 21, 2018 ) In the year 2018, Europe Sleep Apnea Market was valued at USD 2.01 Billion. By the year 2023, it is expected to reach USD 2.28 Billion at pace of 2.57% CAGR.

Sleep apnea is a chronic respiratory sleep disorder that is commonly occurred by disruption of breathing while sleeping. The symptoms caused due to sleep apnea are loud snoring, variations in breathing, awaking in between of sleep, lack of attention, excess of daytime sleep, irritability and lack of sleep during night.

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Underlying Causes

The growth for Sleep Apnea market is driven due to factors like increasing geriatric population, rising prevalence of Obstructive Sleep Apnea, hypertension, heart diseases, and other disorders, growing number of cases of depression and obesity, and increasing awareness about Sleep Apnea Devices among people. In addition, advancement of technologies, rising healthcare expenditure, and rising focus to improve the techniques of treatment are expected to drive the market growth. However, high cost of treatment is the major restraning factor which is expected to hinder the growth rate for Europe Sleep Apnea Devices market during the forecast period.

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Geographic Segmentation:

Based on geography the Europe Sleep Apnea market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. European regions like U.K. and Germany are rapidly growing due to rising prevalence of sleep disorders and growing awareness among patients which is expected to witness high growth rate for Europe Sleep Apnea Market during the forecast period.

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Key Players:

Leading companies for Europe Sleep Apnea market are ResMed, Inc. (U.S.), Philips Healthcare (Netherlands), and Fisher & Paykel Healthcare Ltd. (New Zealand), SomnoMed Ltd. (Australia), Compumedics Limited (Australia), Weinmann Medical Devices GmbH (Germany), and Whole You Inc. (U.S.)



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Source: EmailWire.Com

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