Navigation Links
Heightened Awareness, Coupled with Expanding Patient Pool, Stimulates Sleep Apnea Diagnostics and Sleep Services Market, Says Frost & Sullivan
Date:5/16/2012

LONDON, May 16, 2012 /PRNewswire/ -- The sleep apnea diagnostics devices market has witnessed a gradual increase in revenue due to heightened demand caused by improved awareness. The market is currently in the development phase of its life cycle, with growth largely dependent on the degree of awareness of sleep apnea and reimbursement policies.

New analysis from Frost & Sullivan (http://www.patientmonitoring.frost.com), Strategic Analysis of Sleep Apnea Diagnostic and Sleep Services Market in Europe, finds that the market earned revenues of $84.5 million in 2010 and estimates this to reach $151.3 million in 2017. The research covers clinical PSG, ambulatory PSG and screening devices as well as services in hospital and non-hospital based sleep labs.

"The increasing number of patients reporting sleep disorders, coupled with improved awareness about sleep-related chronic illnesses, has resulted in greater demand for sleep diagnostics and therapeutic services in Europe," notes Frost & Sullivan Research Analyst Somsainathan. "Independent sleep research organisations are aiming to create awareness and motivate investments into R&D in order to support technological advances in treating sleep disorders."

The market for sleep apnea diagnostics and sleep services in Europe is gaining momentum mainly due to the drive to improve public awareness about the ill effects of sleep disorders and their relation to other chronic health issues. Various organisations, including the World Sleep Foundation and the European Sleep Research Society, have contributed significantly to these awareness campaigns.

"Interdisciplinary studies are highlighting the need for non-independent data management software, wherein results from PSG can be integrated into one system, to provide the most effective data," remarks Somsainathan. "This demand for comprehensive solutions and systems will promote mutual alliances and partnerships with equipment manufacturers."

Sleep labs in clinics and sleep centers have been facing financial constraints, as healthcare budgets across Europe shrink. Similarly, the distribution network in Europe for diagnostic devices is unorganised and not well streamlined. There is a shortage of specialised distribution personnel in various parts of Europe, as regulations and policies differ from country to country.

"Currently, less than 3% of GDP is allocated towards healthcare, making it difficult to allocate funds for preventive treatments in cases like sleep disorders," explains Somsainathan. "This adversely affects investments and has the potential to negatively influence market growth."

It is imperative to design strategies that increase and simplify diagnosis and provide cost-effective solutions that justify the investment. It is important to boost resources, enabling companies to capitalise on the market's potential and the current requirements of the population.

"The market needs quality R&D that yields innovative products supporting cost-effective, out-of-lab diagnoses," concludes Somsainathan. "This will help meet screening demands, cut short waiting lists at sleep clinics and increase market penetration."

If you are interested in more information on this study, please send an e-mail with your contact details to Janique Morvan, Corporate Communications, at janique.morvan@frost.com.

Strategic Analysis of Sleep Apnea Diagnostic and Sleep Services Market in Europe is part of the Patient Monitoring Growth Partnership Services programme, which also includes research in the following markets: Strategic Analysis of the European Telemedicine Market, European Market for Interventional Oncology Technology, Western and Eastern European Multiparameter Patient Monitors Market and European Cardiac Patient Monitoring Solutions Outlook. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.

Strategic Analysis of Sleep Apnea Diagnostic and Sleep Services Market in Europe
M764-56

Contact:
Janique Morvan
Corporate Communications – Europe
P: +33 (0)1 42 81 20 37
M: +33 (0)6 79 22 41 42
E: janique.morvan@frost.com

http://www.frost.com


'/>"/>
SOURCE Frost & Sullivan
Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Genetic Profile Identified for Alzheimers Patients Showing Heightened Response to Acceras Breakthrough Product Axona®
2. Receptos Achieves Milestone Under License of G-Protein Coupled Receptor Crystal Structure Determination Technology
3. Reportlinker Adds Pharmaceutical Key Trends 2011 - Socio-Demographic and Economic Overview : Rising Healthcare Costs Coupled with the Economic Downturn Continue to Shape the Healthcare Landscape
4. Reportlinker Adds Sleep Disorders Market to 2017 - Generic Substitution Coupled With a Weak Pipeline Will Negatively Impact the Market
5. The Oclaro Next-Generation Orion Fiber-Coupled Diode Laser Raises the Bar for Performance, Cost and Reliability for Solid State Lasers
6. Sanofi to Acquire Pluromed, Inc., Expanding Its Presence in Biosurgery
7. Abbotts Absolute Pro® Vascular Self-Expanding Stent System Receives FDA Approval for Treatment of Iliac Artery Disease
8. FUJIFILM Medical Systems U.S.A. Adds FUJINON Endoscopy to Its Rapidly Expanding Portfolio
9. CutisPharma Launches New Prescription Mouthwash Kits Expanding Product Line
10. Mylan Committed to Expanding Access in Developing Countries to High Quality, Affordable HIV/AIDS Treatment
11. Fujifilm Highlights Comprehensive and Expanding DR Product Line at RSNA 2011
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/10/2017)... -- The Corporate Whistleblower Center says, "We are urging ... to call us anytime at 866-714-6466 if they possess ... a substantial scheme to overbill Medicare. We are ... of a medical equipment company if their employer ... practice groups with extra generous incentives to use, or ...
(Date:5/9/2017)... -- Oramed Pharmaceuticals Inc. (NASDAQ: ORMP ) ... on the development of oral drug delivery systems, ... has granted Oramed a patent titled, "Methods and ... covers Oramed,s invention of an oral glucagon-like peptide-1 ... hormone that stimulates the secretion of insulin from ...
(Date:5/6/2017)... -- May is Stroke Awareness Month and Omron Healthcare is ... to prevent a stroke: monitor and manage your blood ... Prevention, undetected and uncontrolled hypertension is a leading risk ... in personal heart health technology, recently evolved its mission ... stroke and is advancing a national public education effort ...
Breaking Medicine Technology:
(Date:5/24/2017)... ... 2017 , ... Drs. Nicholas Rallis and Chris Chondrogiannis are ... years as clinical instructors for the reputable Full Mouth Rehabilitation continuing education (CE) ... private practitioners receive cutting-edge clinical training and learn how to perform full ...
(Date:5/24/2017)... ... 24, 2017 , ... Patients who want to receive cosmetic dentistry procedures such ... Joseph Bedich for a consultation, with or without a referral. Dr. Bedich enjoys improving ... , Dr. Bedich offers a variety of cosmetic dentistry services at his ...
(Date:5/24/2017)... ... , ... Myers Jackson is well known for auctioning homes that people move ... on the planet. The luxury home market is alive and well and there are ... search of “11 Spyglass Hill Auction will enlighten you on the dynamics of how ...
(Date:5/24/2017)... ... May 24, 2017 , ... ... which the endometrial lining of the uterus spreads into the pelvic cavity, ... painful intercourse, painful periods, pelvic pain, or irregular bleeding may have Endometriosis. ...
(Date:5/24/2017)... ... May 24, 2017 , ... Accordant Technology, a trusted IT ... delivers an analytics-first approach, layered with machine learning, that provides real-time visibility into ... the cloud to the edge. Through the new partnership, customers get the real-time ...
Breaking Medicine News(10 mins):