DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/5dzz2t/strategic_analysis) has announced the addition of Frost & Sullivan's new report "Strategic Analysis of Sleep Apnea Diagnostic and Sleep Services Market in Europe" to their offering.
This Frost & Sullivan research service titled Strategic Analysis of Sleep Apnea Diagnostic and Sleep Services Market in Europe identifies key industry challenges, market drivers and restraints. It offers an in-depth competitive analysis, provides revenue forecasts and assesses current and future growth opportunities. In this research, Frost & Sullivan's expert analysts thoroughly examine the following market sectors: sleep apnea diagnostics and sleep services.
Market Overview
Rising Awareness to Boost Sleep Apnea Diagnostics and Sleep Services Market
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. 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 the analyst of this research. 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.
Innovative, Cost-effective Solutions to Gain Success
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 the analyst. This adversely affects investments and has the potential to negatively influence market growth.
Market Sectors
Expert Frost & Sullivan analysts thoroughly examine the following market sectors in this research:
- Sleep apnea diagnostics
- Sleep services
By Geographical Region
- United Kingdom (U.K.)
- Germany
- France
- Spain
- Italy
- Scandinavia (Sweden, Norway, Denmark and Finland)
- Benelux (Belgium, Netherlands and Luxembourg)
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Source: Frost & Sullivan