Report ID: SQMIG35A2796
Report ID:
SQMIG35A2796 |
Region:
Global |
Published Date: October, 2024
Pages:
219
|
Tables:
63 |
Figures:
75
Sleep Apnea Implants Market Drivers
Growing Prevalence of Sleep Apnea
Increasing the number of people suffering from sleep apnea around the world and growing awareness regarding the same are projected to bolster sales of sleep apnea implants over the coming years. As more people are diagnosed with sleep apnea, the demand for treatment of the same using sleep apnea implants is also expected to rise in the future.
Limitations of Traditional Therapies
Traditional treatments and therapies used for the treatment of sleep apnea face low adherence issues owing to discomfort and inconvenience. This is projected to promote the adoption of sleep apnea implants as they are highly effective and convenient to use whilst also being minimally invasive in nature.
Sleep Apnea Implants Market Restraints
Sleep apnea implants are quite expensive in some parts of the world and so is the cost of their implantation procedures as well. Moreover, availability of limited reimbursement policies for sleep apnea implants is also expected to further impede the overall sleep apnea implant market growth in the long run.
Stringent Regulatory Approval Procedures
Sleep apnea implants are subject to some extremely stringent regulations and clinical trials. Ensuring compliance with these strict mandates is expected to elongate the product development process and also increase time-to-market for companies resulting in a slowed overall sleep apnea implant market outlook over the coming years.
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Report ID: SQMIG35A2796