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Follow on Google News | Sleep Apnea Diagnostic Systems - Global Pipeline Analysis, Competitive LandscapeThe Global Sleep Apnea Diagnostic Systems Market is Expected to Grow at a CAGR of 4.7% from 2010 to 2017
By: Rajesh Gunnam The global sleep apnea diagnostic systems market is dominated by the CareFusion Corporation, with a 21% share followed by Philips Respironics with a share of 16%, and Embla Systems with an 8% market share. Other players with a significant presence include ResMed, Compumedics and Natus Medical. Natus Medical acquired Embla Systems in September 2011. After this acquisition, Natus is expected to emerge as a market leader in the global sleep apnea diagnostics market. Competition in the sleep apnea diagnostic systems market is intense and in order to maintain their competitiveness, companies are adopting strategies such as inorganic growth, aggressive pricing and product innovation. Product innovation including incorporation of advanced technologies and new software and applications for database management continues to drive market growth. Market players are also investing in improving their product diversity by developing products which are specifically used for screening, home sleep testing and sleep lab studies. This is expected to drive the growth of the sleep apnea diagnostic systems market in the future. The global Portable Polysomnography (PSG) market was valued at $93.7m in 2010 and is expected to grow at a CAGR of 5.8% to reach a market value of $130.7m in 2017. The rapidly growing home sleep testing market is expected to drive the growth of the portable PSG market in the future. For Sample Pages, please click or add the below link to your browser: http://globaldata.com/ The development of technologies making PSG systems portable and the incorporation of wireless communication abilities have led to the increasing use of portable PSG systems in home-based settings. The home sleep testing is more comfortable for the patient compared to sleep lab studies and is also cost-effective. The availability of reimbursement has further driven demand for home sleep testing. This has led to an increasing number of sleep centers providing home sleep testing facilities for sleep apnea diagnosis. This will drive the growth of the global sleep apnea diagnostic systems market in the future. GlobalData’s new report, “Sleep Apnea Diagnostic Systems - Global Pipeline Analysis, Competitive Landscape and Market Forecasts to 2017” provides key data, information and analysis on the global sleep apnea diagnostic systems market. The report provides market landscape, competitive landscape and market trends information on the sleep apnea diagnostic systems market. The report provides comprehensive information on the key trends affecting the market, and key analytical content on the market’s dynamics. The report also reviews the competitive landscape and technology offerings. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GlobalData’s team of industry experts. For further details, please click or add the below link to your browser: http://globaldata.com/ Visit our report store: http://www.globaldata.com/ For more details contact: pressreleases@ North America: +1 646 395 5477 Europe: Asia Pacific: # # # GlobalData is a global market intelligence services company providing information research and analysis products and services. End
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