As per this study the Global Sleep Apnea Device Market was valued USD XX MN (by revenue) in 2021 and is anticipated to reach USD XX MN by 2027 with a CAGR of XX%.
Sleep apnea is the common sleep disorder causing partial or complete obstruction in breathing through upper airway. Sleep apnea devices are specially designed to treat the medical condition and offer relief from sleep obstruction. Various types of devices are available such as mandibular advancement device (MAD), tongue retaining device, positive airway pressure device, facial interfaces, accessories, and others.
The growing prevalence of sleep apnea, breathing disorders leading to cardiovascular diseases is driving the market growth. Growing awareness regarding risk associated with untreated sleep apnea is boosting the adoption of sleep apnea devices. Also, rise in geriatric population, changing lifestyle and increasing inclination towards home healthcare services and devices are further fueling the market demand. Moreover, ongoing development of advanced products coupled with increasing adoption of non-invasive treatments is likely to augment the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of sleep apnea device.
The broad sleep apnea device market has been sub-grouped into diagnostic device and therapeutic devices. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Diagnostic Device
By Therapeutic Device
- Polysomnography Devices
- Pulse Oximeters
- Actigraphy Devices
- Positive Airway Pressure (PAP) Devices
- Continuous Positive Airway Pressure (CPAP) Devices
- Bi-level Positive Airway Pressure (BiPAP) Devices
- Auto Positive Airway Pressure (APAP)
- Adaptive Servo Ventilation (ASV) Devices
- Oxygen Concentrators
- Oxygen Devices
- Portable Oxygen Concentrators
- Liquid Portable Oxygen
- Oral Appliances
- Masks & Accessories
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for sleep apnea device in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Sleep Apnea Device Market Share by Region (Representative Graph)
The report also covers a detailed competitive landscape including company profiles of key players operating in the global market. The key players in the sleep apnea device market include Cadwell Laboratories Inc., Fisher & Paykel Healthcare Limited, Invacare Corporation, MedTech, Natus Medical Incorporated, Nihon Kohden Corporation, Philips Healthcare, ResMed and SleepScore among others. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.