Sleep Apnea Devices Market Size, Share, Analysis Report

Sleep Apnea Devices Market By Product Analysis (Therapeutic Devices, Diagnostic Devices); By End User Analysis (Sleep Laboratories and Hospitals, Home Care Settings) and By Regional Analysis – Global Forecast by

The Global Sleep Apnea Devices Market is expected to be around US$ 9.90 Billion by 2028 at a CAGR of 7.5% in the given forecast period.

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MARKET SNAPSHOT

Major Players

Study period:

2023-2028

Base Year:

2022

CAGR:

7

Fastest Growing Market:

APAC

Largest Market:

North America

REPORT DESCRIPTION

The world is going sleepless because of certain reasons that are directly affecting the quality of sleep of the individuals because of which the market for sleep apnea devices are growing globally. So to overcome this various companies have introduced certain device that helps the individual to sleep without any obstruction. The main cause of sleep apnea is the obesity, change in lifestyle such as drinking alcohol, smoking and irregular sleep. The general conditions related with disorder are respiratory diseases, congestive heart failure, stroke, atrial fibrillation, and type 2 diabetes and hypertension. There are many cases that are unattained and undiagnosed due to lack of knowledge and information relating to sleep apneas effects and symptoms. An undiagnosed case worsens the conditions of the patients and may cause severe hypertension and other diseases. So to maintain healthy lifestyle diagnostics of sleep apnea is important. Accordingly the doctor prescribes the medicines and devices on the severity of the patient. At present home testing that is compact and easy to use is prescribed to its counterpart conventional device.

How Big is the Global Sleep Apnea Devices Market?

The Global Sleep Apnea Devices Market is expected to be around US$ 9.90 Billion by 2028 at a CAGR of 7.5% in the given forecast period.

The major driving factors of Global Sleep Apnea Devices Market are as follows:

  • Growing Awareness Regarding the ILL Effects of Untreated Sleep Apnea in North America
  • Growing Usage of Oral Appliances
  • Technological Advancements
  • Disability Tax Credit for Sleep Apnea in Canada
  • Large Pool of Undiagnosed Sleep Apnea Patients

The restraining factors of Global Sleep Apnea Devices Market are as follows:

  • Lack of Patient Compliance
  • Alternative Treatments for Sleep Apnea

The Global Sleep Apnea Devices Market is segmented on the lines of its product, end user and regional. Based on product segmentation it covers therapeutic devices, diagnostic devices. Based on end user segmentation it covers sleep laboratories and hospitals, home care settings.The Global Sleep Apnea Devices Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:
1) An overview of the global market for Global Sleep Apnea Devices Market and related technologies.
2) Analyses of global market trends, with data from 2021, estimates for 2022 and 2023, and projections of compound annual growth rates (CAGRs) through 2028.
3) Identifications of new market opportunities and targeted promotional plans for Global Sleep Apnea Devices Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets on Global Sleep Apnea Devices Market with the reasons given for variations in the growth of the industry in certain regions.
 
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include SomnoMed Ltd. (Australia), Compumedics Limited (Australia), Weinmann Medical Devices GmbH (Germany), Whole You, Inc. (U.S.), BMC Medical Co., Ltd. (China) and DeVilbiss Healthcare (U.S.), and Braebon Medical Corporation (Canada). ResMed, Inc. (U.S.), Philips Healthcare (Netherlands), and Fisher & Paykel Healthcare Ltd. (New Zealand).Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
 
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Global Sleep Apnea Devices Market has been segmented as below:

By Product Analysis:

  • Therapeutic Devices
  • Diagnostic Devices

By End User Analysis:

  • Sleep Laboratories and Hospitals
  • Home Care Settings

By Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Reasons to Buy this Report:
 
1) Obtain the most up to date information available on all  Global Sleep Apnea Devices Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Sleep Apnea Devices Market data.
4) Assess your competitor’s refining portfolio and its evolution.

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Chapter 1 INTRODUCTION    
1.1    Key Take Aways    
    1.2    Report Description    
    1.3    Markets Covered    
    1.4    Stakeholders    
    1.5    Research Methodology    
        1.5.1    Market Size    
        1.5.2    Market Share    
        1.5.3    Key Data Points From Secondary Sources    
        1.5.4    Key Data Points From Primary Sources
 

2 Research Methodology 
    2.1 Research Methodology Steps 
    2.2 Secondary and Primary Research Methodology 
           2.2.1 Secondary Research
                    2.2.1.1 Key Data From Secondary Sources
           2.2.2 Primary Research
                    2.2.2.1 Key Data From Primary Sources
                    2.2.2.2 Key Insights From Primary Sources
                    2.2.2.3 Key Industry Insights
    2.3 Market Size Estimation Methodology 
    2.4 Market Data Validation and Triangulation 
    2.5 Assumptions for the Study

 

3 Executive Summary 
    3.1 Introduction 
    3.2 Conclusion

 

4 Premium Insights 
    4.1 Sleep Apnea Devices: Market Overview 
    4.2 Global Sleep Apnea Devices Market, By Product, 2022 vs 2027
    4.3 Global Sleep Apnea Therapeutic Devices Market Size, By Type, 2022 vs 2027
    4.4 Geographic Snapshot: Sleep Apnea Diagnostic Devices Market, By Type, 2020
    4.5 Global Sleep Apnea Devices Market Size, By End User, 2022 vs 2027
    4.6 Geographical Snapshot: Sleep Apnea Devices Market

 

5 Market Overview 
    5.1 Introduction 
    5.2 Market Dynamics 
           5.2.1 Drivers
                    5.2.1.1 Growing Awareness Regarding the ILL Effects of Untreated Sleep Apnea in North America
                    5.2.1.2 Growing Usage of Oral Appliances
                    5.2.1.3 Technological Advancements
                    5.2.1.4 Disability Tax Credit for Sleep Apnea in Canada
                    5.2.1.5 Large Pool of Undiagnosed Sleep Apnea Patients
           5.2.2 Restraint
                    5.2.2.1 Alternative Treatments for Sleep Apnea
           5.2.3 Opportunities
                    5.2.3.1 Emerging Markets in Developing Countries
                    5.2.3.2 Influx of VC Funding
                    5.2.3.3 Companies Venturing Into the Sleep Apnea and Oral Appliances Market
           5.2.4 Challenge
                    5.2.4.1 Lack of Patient Compliance

 

6 Global Sleep Devices Market, By Product 
    6.1 Introduction 
    6.2 Sleep Apnea Therapeutic Devices Market 
           6.2.1 Positive Airway Pressure (PAP) Devices
                    6.2.1.1 CPAP Devices
                    6.2.1.2 APAP Devices
                    6.2.1.3 BPAP Devices
           6.2.2 Facial Interfaces
                    6.2.2.1 Masks
                               6.2.2.1.1 Nasal Masks
                               6.2.2.1.2 Nasal Pillow Masks
                               6.2.2.1.3 Full-Face Masks
           6.2.3 Adaptive Servo-Ventilation Instruments (ASV)
           6.2.4 Airway Clearance Systems
           6.2.5 Oxygen Concentrators
                    6.2.5.1 Stationary Concentrators
                    6.2.5.2 Portable Concentrators
           6.2.6 Accessories
                    6.2.6.1 Pillows
                    6.2.6.2 Chin Restraints
                    6.2.6.3 Mask Cleaning Wipes
                    6.2.6.4 Other Accessories
           6.2.7 Oral Appliances
                    6.2.7.1 Mandibular Advancement Devices
                    6.2.7.2 Tongue Retaining Devices
    6.3 Sleep Apnea Diagnostic Devices Market 
           6.3.1 Polysomnography Devices
                    6.3.1.1 Ambulatory PSG Devices
                    6.3.1.2 Clinical PSG Devices
           6.3.2 Respiratory Polygraphs
           6.3.3 Single-Channel Screening Devices (Pulse Oximeters)
                    6.3.3.1 Fingertip Pulse Oximeters
                    6.3.3.2 Handheld Pulse Oximeters
                    6.3.3.3 Wrist-Worn Pulse Oximeters
                    6.3.3.4 Tabletop Pulse Oximeters
           6.3.4 Actigraphy Systems

 

7 Global Sleep Devices Market, By End User 
    7.1 Introduction 
    7.2 Home Care Setting 
    7.3 Sleep Laboratories and Hospitals

 

8 Sleep Apnea Devices Market, By Region 
    8.1 Introduction 
    8.2 North America 
           8.2.1 U.S.
                    8.2.1.1 Rising Prevalence of Sleep Apnea in the U.S.
                    8.2.1.2 Shifting Trends in Sleep Testing in the U.S.
                    8.2.1.3 Growing Awareness of Sleep Apnea
                    8.2.1.4 Rising Availability of Grants and Funding
                    8.2.1.5 Increasing Attention to Sleep Apnea in Pediatrics
                    8.2.1.6 Strategic Developments in the U.S. Market By Industry Players
           8.2.2 Canada
                    8.2.2.1 Government Initiatives in Canada
                    8.2.2.2 Rising Incidence of Sleep Apnea in Canada
    8.3 Europe 
           8.3.1 Germany
                    8.3.1.1 Focus of Domestic and International Players on Germany
           8.3.2 U.K.
                    8.3.2.1 Large Pool of Patients Along With Growing Funds for Sleep Apnea in the U.K.
                    8.3.2.2 Launch of New and Comprehensive Osa Toolkit in the U.K.
           8.3.3 RoE
                    8.3.3.1 Varying Reimbursements in RoE Countries
                    8.3.3.2 Strict Mandates in France
    8.4 Asia-Pacific 
           8.4.1 Japan
                    8.4.1.1 Focus of Cardiologists on Treating Sleep Disorders in Heart Patients
                    8.4.1.2 Unfavorable Market Scenario in Japan
                    8.4.1.3 Inadequate Sas Screening Initiatives in Japan
           8.4.2 China
                    8.4.2.1 Awareness of Sleep Disorders and Rise in the Number of Sleep Clinics
           8.4.3 RoAPAC
                    8.4.3.1 Awareness Programs in India
                    8.4.3.2 Awareness Initiatives in Australia and New Zealand
                    8.4.3.3 Lack of Reimbursement for Oral Appliances
    8.5 RoW 
           8.5.1 Weak Economy and Low Consumer Buying Power

 

9 Competitive Landscape 
    9.1 Overview 
    9.2 Market Share Analysis 
           9.2.1 Introduction
           9.2.2 Sleep Apnea Devices Market Share Analysis, By Key Player (2015)
           9.2.3 Resmed, Inc. (U.S.)
           9.2.4 Philips Healthcare (Netherlands)
           9.2.5 Fisher & Paykel Healthcare Ltd. (New Zealand)
    9.3 Competitive Situation and Trends 
           9.3.1 Product Launches
           9.3.2 Agreements and Contracts
           9.3.3 Acquisitions
           9.3.4 Other Strategies

 

10 Company Profiles
     10.1 Introduction 
     10.2 Resmed, Inc. 
     10.3 Philips Healthcare 
     10.4 Fisher & Paykel Healthcare Ltd. 
     10.5 Somnomed Limited 
     10.6 Compumedics Limited 
     10.7 Weinmann Medical Devices GmbH 
     10.8 Whole You, Inc. 
     10.9 Devilbiss Healthcare LLC 
     10.10 BMC Medical Co., Ltd. 
     10.11 Braebon Medical Corporation

The Global Sleep Apnea Devices Market has been segmented as below:

By Product Analysis:

  • Therapeutic Devices
  • Diagnostic Devices

By End User Analysis:

  • Sleep Laboratories and Hospitals
  • Home Care Settings

By Regional Analysis:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

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The market is expected to grow at a CAGR of 7.5% during the study period (2023-2028)
The Global Sleep Apnea Devices Market is expected to be around US$ 9.80 Billion by 2028.
The segment included in Sleep Apnea Devices Market is Product Type, End user and region.
Some key players operating in the Sleep Apnea Devices Market include SomnoMed Ltd. (Australia), Compumedics Limited (Australia), Weinmann Medical Devices GmbH (Germany), Whole You, Inc. (U.S.), BMC Medical Co., Ltd. (China) and DeVilbiss Healthcare (U.S.), and Braebon Medical Corporation (Canada)
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