According to a new market research study titled, Sleep Apnea Devices Market to 2025 – Global Analysis and Forecasts by Diagnostic Devices, Therapeutic Devices and End-Users, the global sleep apnea devices market was valued at US$ 4,607.9 Mn in 2017 and is estimated to reach US$ 8,305.3 Mn by 2025. The report highlights the trends prevalent in the global sleep apnea devices market and the factors driving the market along with those that act as deterrents to its growth.
The Prominent Players in Sleep Apnea Devices Market includes:
2. Koninklijke Philips N.V.
3. Fisher & Paykel
4. Braebon Medical Corporation
5. Compumedics Limited
6. BMC Medical Co., Ltd.
7. Fisher & Paykel Healthcare Limited.
8. SomnoMed Limited
9. Weinmann Emergency Medical Technology GmbH + CO. KG
10. Devilbiss Healthcare LLC
Order a copy of “Sleep Apnea Devices Market to 2025 – Global Analysis and Forecasts by Diagnostic Devices (Polysomnography Devices, Respiratory Polygraphs, Actigraphy Systems, and Single-Channel Screening Devices); Therapeutic Devices (Facial Interfaces, Adaptive Servo-Ventilation Instruments (ASV), Positive Airway Pressure (PAP) Devices, Oxygen Concentrators, Airway Clearance Systems, Oral Appliances and Accessories); and End User (Home Healthcare and Sleep Laboratories & Hospitals)” research study at https://bit.ly/2Il9gxT
Asia Pacific is expected to be the fastest growing market, with China, Japan and India being the largest contributors to the growth of the market. In Asia Pacific, the market is driven by rising prevalence of sleep disorder and key market players focusing on Asia Pacific for tapping new markets and strengthening their geographical presence. In July, 2016, Dehaier Medical Systems entered into a partnership with China Sciences Group to provide its wearable sleep apnea products to provide to the pension and health industry.
Based on end user, the global sleep apnea devices market is segmented into hospitals and home. The hospital segment has the largest market share among the end user segment. Geographically, the market for sleep apnea devices is segmented into North America, Europe, Asia Pacific (APC), Middle East and Africa (MEA) and South and Central America (S&CAM).
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Additionally, major players in the market are engaged in research and development activities. Various players have been upgrading their product portfolio by applying for approvals. In May, 2017, ResMed launched soft CPAP Mask. With expansion activities, companies are focusing towards strengthening their customer base by providing services to varied applications. For instance, in May, 2014, SomnoMed Ltd. expanded its business in Portugal and Spain.
Sleep apnea is a disorder resulting into loud snoring, which consists of three types namely obstructive sleep apnea, central sleep apnea and complex sleep apnea syndrome. The symptoms of sleep apnea are loud snoring, variations in breathing, awaking in between of sleep, lack of attention, excess of daytime sleep, irritability and lack of sleep during night. Nasal congestion, over-weight, being older, circumference of neck, narrowed airway, habit of constant smoking and drinking, family history are various risk factors for sleep apnea.
The market for sleep apnea devices is well established in North America region, especially in the US and Canada. The market is the US is governed by the presence of key players manufacturing sleep apnea devices such CPAP devices.
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Globally, sleep apnea market exhibits potential growth in developed as well as developing regions across the globe. Further, rising prevalence of sleep apnea among adults determines the market growth. Also, the prevalence of sleep apnea is found to be increasing among the adults as well as children, across the globe. As per the American Sleep Apnea Association, in 2017, 22 million Americans suffer from sleep apnea. Another factor driving the market growth is increasing demand for Positive Airway Pressure (PAP) devices due to rising awareness about sleep disorders among the general population and availability of wide range of products in the market. However, the market is retrained by various factors such as absence of patient compliance.
In North America, the growth of the market is attributed to presence of key players, extensive use of diagnostic and therapeutic devices for sleep apnea and focus on early diagnosis and treatment of chronic diseases. Furthermore, people in the US are now aware about the importance of diagnosis of sleep apnea among the children, which further influences the market growth. New product launch by market players such as BMC, ResMed and Fisher & Paykel Healthcare Limited boost the growth of the market. For instance, in April 2016, BMC launched Polypro sleep monitoring device which is a home sleep testing device and portable PSG. The product is easily accessible in sleep labs because of the mobile application of Polypro.
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The report segments the global Sleep Apnea Devices market as follows:
Global Sleep Apnea Devices Market – By Diagnostic Device
Single-Channel Screening (Oximeters) Devices
Global Sleep Apnea Devices Market – By Therapeutic Device
Adaptive Servo-Ventilation Instruments (ASV)
Positive Airway Pressure (PAP) Devices
Airway Clearance Systems
List of Tables:
Table 1. North America Sleep Apnea Devices Market Revenue and Forecasts to 2025, by Dignostic Devices (Us$ Mn)
Table 2. North America Sleep Apnea Devices Market Volume and Forecasts to 2025, by Dignostic Devices (Units)
Table 3. North America Sleep Apnea Devices Market Revenue and Forecasts to 2025, by therapeutic Devices (Us$ Mn)
Table 4. North America Sleep Apnea Devices Market Volume and Forecasts to 2025, by therapeutic Devices (Thousand Units)
Table 5. North America Sleep Apnea Devices Market Revenue and Forecasts to 2025, by End User (Us$ Mn)
Table 6. Us Sleep Apnea Devices Market Revenue and Forecasts to 2025, by Dignostic Devices (Us$ Mn)
Table 7. Us Sleep Apnea Devices Market Volume and Forecasts to 2025, by Dignostic Devices (Units)
Table 8. Us Sleep Apnea Devices Market Revenue and Forecasts to 2025, by therapeutic Devices (Us$ Mn)
Table 9. Us Sleep Apnea Devices Market Revenue and Forecasts to 2025, by therapeutic Devices (Thousand Units)
Table 10. Us Sleep Apnea Devices Market Revenue and Forecasts to 2025, by End User (Us$ Mn)
List of Figures:
Figure 1. Asia Pacific Sleep Apnea Devices Market, Revenue (Us$ Mn), by Geography 2018 & 2025
Figure 2. Global Sleep Apnea Devices Market by Diagnostic Devices, Market Share (%), 2017
Figure 3. Global Sleep Apnea Devices Market by Absorption Rate, Market Share (%), 2017
Figure 4. Global Sleep Apnea Devices Market by End User, Market Share (%), 2017
Figure 5. Sleep Apnea Devices Market Segmentation
Figure 6. Sleep Apnea Devices Market Segmentation, by Region
Figure 7. North America Pest Analysis
Figure 8. Europe Pest Analysis
Figure 9. Asia Pacific Pest Analysis
Figure 10. Middle East & Africa Pest Analysis
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