Global sleep apnea diagnostics market size to record 6.8% CAGR through 2027 - GlobeNewswire

Global sleep apnea diagnostics market size to record 6.8% CAGR through 2027 - GlobeNewswire


Global sleep apnea diagnostics market size to record 6.8% CAGR through 2027 - GlobeNewswire

Posted: 03 May 2021 02:00 AM PDT

Selbyville, Delaware, May 03, 2021 (GLOBE NEWSWIRE) -- The report states that global sleep apnea diagnostics market size was remunerated USD 112.9 million in 2019 and is expected to record 6.8% CAGR over 2020-2027, amassing USD 191.1 million by the end of the forecast period.

Moving ahead, the document hosts intricate details about this business sphere through various segments such as type, application, and geographical bifurcation. All factors contributing to each segment's development are considered when determining the best growth avenues for the upcoming years. Moreover, the major contenders are profiled with respect to their investment discretion, positioning, and other financial attributes.

Technological advancements in the field and increasing pervasiveness of sleep apnea owing to booming elderly population are key factors driving the market growth.

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For the record, a study conducted by ResMed Inc. in 2018, sleep apnea affected over 936 million people worldwide, depicting a ten times higher count than previous estimates. In addition, the European Respiratory Society predicted that sleep apnea will affect 13% to 32% of Europe's aging population by 2020.

Notably, sleep-disordered breathing (SDB) or sleep apnea is a potentially serious sleep condition in which inhaling of oxygen stops and starts frequently. It happens when the upper airway gets clogged while sleeping, resulting in reduced airflow.

As a result, patients with sleep apnea are opting for a sleep apnea test, which is a highly simplified breathing monitoring solution that can track breathing and oxygen levels while a person sleeps, adding impetus to the overall market development.

Additionally, actigraphy devices are gaining traction in the global sleep apnea diagnostics industry. It is a wearable device worn on the wrist that detects physical activity and provides objective information on sleep patterns in the patients' normal sleeping environment.

Coming to the factors restraining the market expansion, lack of reimbursement for the devices along with their high cost are likely to hamper business dynamics in the upcoming years.

To access a sample copy or view this report in detail along with the table of contents, please click the link below:

https://www.marketstudyreport.com/reports/global-sleep-apnea-diagnostics-market-size-research

Regional terrain summary

Speaking of the geographical ambit, Latin America, Europe, North America, and Asia Pacific are the top contributors to the overall sleep apnea diagnostics market value. Among them, North America holds a major portion of the industry share owing to better accessibility to reimbursement facilities, strong presence of major vendors, and technologically developed healthcare facilities.

Meanwhile, Asia Pacific sleep apnea diagnostics industry is poised to amass notable gains through 2027, creditable to economic progress in developing nations like India and China, improving healthcare infrastructure, and rising prevalence of sleep apnea disorder.

Global Sleep Apnea Diagnostics Market by Product Type (Value, USD Million, 2017-2027)

  • Finger Tip Oximeter·Oximeter
    ·Respiratory Polygraph
    ·Actigraphy Monitoring Device
    ·Sleep Apnea Screening Device
    ·Polysomnography Device (PSG)
    ·Others

Global Sleep Apnea Diagnostics Market by End-Use (Value, USD Million, 2017-2027)
·Home Care Settings
·Hospitals & Sleep Laboratories
Global Sleep Apnea Diagnostics Market Regional Landscape Fragmentation (Value, USD Million, 2017-2027)
North America

  • Canada
  • United States

Europe

  • Italy
  • Spain
  • France
  • Germany
  • United Kingdom
  • Rest of Europe

Asia Pacific

  • Australia
  • Japan
  • India
  • China
  • Rest of Asia Pacific

Latin America

  • Mexico
  • Brazil

Rest of the World

Global Sleep Apnea Diagnostics Market Top Vendors (Value, USD Million, 2017-2027)
·Somonomedics GmbH 

  • Smith Group plc
  • ResMed Inc.
  • Nihon Kohden Corp.
  • Natus Medical Inc.
  • Mindray Medical International Ltd.
  • Medtronic plc
  • Koninklijke Philips N.V.
  • Devilbiss Healthcare LLC
  • Cadwell Industries Inc.

Table of Content:

Chapter 1. Executive Summary

1.1.         Market Snapshot

1.2.         Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)

1.2.1.     Sleep Apnea Diagnostics Market, by Region, 2018-2027 (USD Million)

1.2.2.     Sleep Apnea Diagnostics Market, by Product Type, 2018-2027 (USD Million)

1.2.3.     Sleep Apnea Diagnostics Market, by End-Use, 2018-2027 (USD Million)

1.3.         Key Trends

1.4.         Estimation Methodology

1.5.         Research Assumption

Chapter 2. Global Sleep Apnea Diagnostics Market Definition and Scope

2.1.         Objective of the Study

2.2.         Market Definition & Scope

2.2.1.     Scope of the Study

2.2.2.     Industry Evolution

2.3.         Years Considered for the Study

2.4.         Currency Conversion Rates

Chapter 3. Global Sleep Apnea Diagnostics Market Dynamics    

3.1.         Sleep Apnea Diagnostics Market Impact Analysis (2018-2027)

3.1.1.     Market Drivers

3.1.2.     Market Challenges

3.1.3.     Market Opportunities

Chapter 4. Global Sleep Apnea Diagnostics Market Industry Analysis

4.1.         Porter's 5 Force Model

4.2.         PEST Analysis

4.2.1.     Political

4.2.2.     Economical

4.2.3.     Social

4.2.4.     Technological

4.3.         Investment Adoption Model

4.4.         Analyst Recommendation & Conclusion

Chapter 5. Global Sleep Apnea Diagnostics Market, by Product Type

5.1.         Market Snapshot

5.2.         Global Sleep Apnea Diagnostics Market by Product Type, Performance - Potential Analysis

5.3.         Global Sleep Apnea Diagnostics Market Estimates & Forecasts by Product Type 2017-2027 (USD Million)

5.4.         Sleep Apnea Diagnostics Market, Sub Segment Analysis

5.4.1.     Polysomnography Device (PSG)

5.4.2.     Sleep Apnea Screening Device

5.4.3.     Actigraphy Monitoring Device

5.4.4.     Respiratory Polygraph

5.4.5.     Oximeter

5.4.6.     Finger Tip Oximeter

5.4.7.     Others

Chapter 6. Global Sleep Apnea Diagnostics Market, by End-Use         

6.1.         Market Snapshot

6.2.         Global Sleep Apnea Diagnostics Market by End-Use, Performance - Potential Analysis

6.3.         Global Sleep Apnea Diagnostics Market Estimates & Forecasts by End-Use 2017-2027 (USD Million)

6.4.         Sleep Apnea Diagnostics Market, Sub Segment Analysis

6.4.1.     Hospitals & Sleep Laboratories

6.4.2.     Home Care Settings

Chapter 7. Global Sleep Apnea Diagnostics Market, Regional Analysis

Related Report:

Home Sleep Apnea Testing Devices Market Size, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 - 2025

Global Home sleep apnea testing devices market size  is expected to exceed USD 1.4 billion by 2025. Rising number of people suffering from sleep apnea disorders will majorly drive the home sleep apnea testing devices market growth over the projected timeframe. Canada home sleep apnea testing devices market is estimated to witness more than 19% CAGR over the analysis period. As per the recent study conducted by the Public Health Agency of Canada, currently over 5.5 million Canadian adults are either suffering or are at very high risk of developing sleep apnea disorder in the future. In addition, around 80% of the sleep apnea patient population is estimated to be undiagnosed till date. Hence, growing prevalence of obstructive sleep apnea and large number of undiagnosed patient population in the country will serve as high impact rendering factors in the home sleep apnea testing devices industry growth.

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Federal government rethinking use of controversial polygraph test - CBC.ca

Posted: 15 Dec 2020 12:00 AM PST

The federal government is reviewing its use of so-called lie detector tests in security screenings as a new report called out the controversial practice.

The National Security and Intelligence Review Agency (NSIRA), the watchdog body overseeing Canada's intelligence agencies, tabled a report on Friday which questioned the merits of polygraph tests.

The test tracks physiological factors like blood pressure and changes in pulse rate and supposedly can tell whether a person is lying. It's required for every government employee needing an enhanced top secret clearance, which applies to jobs that involve security and intelligence functions or access to intelligence sources and methodologies.

It's also used by the nation's two intelligence agencies — the Canadian Security Intelligence Service, the domestic spy agency, and the Communications Security Establishment, the foreign signals intelligence agency — on their employees, despite previous reports challenging the test's reliability.

The watchdog report concentrated on the use of polygraph tests by CSIS's internal security branch, the unit that runs personnel security screening and investigations of CSIS employees and security incidents.

It flagged a number of governance issues within the branch, including a lack of clear boundaries between polygraph and medical analyses and limited oversight of the polygraph program.

"CSIS could not justify the merits of examiners — who are not medical practitioners — to ask medical-related questions of the people they examine," says the NSIRA report.

"The review identified that polygraph examinations can have profound negative impacts on an employee's mental health if not used appropriately. Employees who spoke to NSIRA on condition of anonymity described the negative impact that their unfavourable polygraph results had on their lives."

Security standard under review 

NSIRA — the result of several intelligence-related watchdogs being merged into one body through the Liberal government's national security overhaul last year — said it brought its concerns to the attention of the Treasury Board Secretariat (TBS), the government department that oversees federal standards for security screenings.

"These issues raised in the CSIS context are related to a much broader consideration — namely, the extent to which the government's overarching policy document, the standard on security screening, provides adequate guidance for departments and agencies when they implement this safeguarding measure," reads the report.

"Although the Treasury Board Secretariat (TBS) Standard on Security Screening, created in 2014, cites the use of the polygraph as an appropriate tool for assessing candidates seeking an enhanced top secret clearance, TBS was unable to provide any policy rationale for the use of this tool."

This isn't the first instance of a Canadian intelligence oversight agency questioning the use of polygraph tests. In seven consecutive annual reports, published between 1985 to 1992, the Security Intelligence Review Committee — NSIRA's predecessor — called on CSIS to stop using the tests.

'Grave doubts'

SIRC warned of "grave doubts" about the test's accuracy, pointing out that its results can be wrong 10 per cent of the time or more. Canadian courts have refused to admit the results of polygraph tests as evidence in criminal trials. The Supreme Court of Canada has ruled that they are unreliable and risky and would not assist the court in determining a person's guilt or innocence.

A spokesperson for the Treasury Board Secretariat said the security standard, which is meant to ensure consistent and fair screening practices across government institutions, is under the microscope.

"The 2014 Standard is currently being reviewed to ensure continued relevance of all of the security screening practices set out therein, including the use of polygraphs, commensurate with the evolving risk and operating environment," said Alain Belle-Isle, spokesperson for TBS.

It's not clear when that review will be complete.

A spokesperson for CSIS said internal processes to mitigate insider threats are continuously assessed and updated.

"The 'insider threat' can be one of the most damaging threats to Canada's national security. CSIS is confident in its robust internal security measures to protect information that is highly sought and strategically invaluable in the hands of Canada's adversaries. The polygraph is one element of those measures," said John Townsend.

The security screening review comes as the government continues to face questions about the case of Cameron Ortis, the RCMP intelligence official accused of sharing confidential information and preparing to leak more.

"Several security breaches in recent years illustrate that the Canadian national security system has not been immune from the risks associated with 'insider threats,'" says the NSIRA report.

"There are real consequences when safeguarding measures fail ... There is also reputational risk to the Canadian security and intelligence community if allies perceive that the sensitive information they share with Canada, in trust, is not being adequately protected. It is therefore incumbent on the government to ensure that such information is secured from exploitation, compromise or other unauthorized disclosure."

In the immediate aftermath of his arrest in the fall of 2019, RCMP Commissioner Brenda Lucki said Ortis had a valid top secret clearance — which must be renewed every five years — but had not undergone a polygraph exam.

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