Respironics Ready to Reclaim Market Share of New Sleep Products

07/19/06

Findings from a recently conducted Bank of America survey, show that Respironics Inc, Murrysville, Pa, is geared up to assume leadership in the sleep therapeutic market, the Associated Press reports. The results of the survey show that Respironics’ M Series and ComfortLite 2 performed well against competing products in the categories of aesthetics, ease of use, functionality, noise level, software, humidifier, and overall satisfaction. The AP report quotes Bank of America analyst Glenn J. Novarro saying that the new products “will help reinvigorate sleep therapy sales and reaccelerate growth for the company.”