Sleep apnea is a medical condition that is associated with the disturbance in the sleeping pattern caused by difficulty in breathing while sleeping. This can happen multiple times during the night and people with loud snoring habits are most vulnerable to sleep apnea. This condition is difficult to detect as it occurs during the night and this cannot be diagnosed during routine hospital visits. Apnea is the squeezing of air that passes the blockage while breathing and results in loud snoring. These blockages are mostly occurred in overweight and obese people. People suffering from diabetes are more likely to be victims of sleep apnea. Three major types of sleep apnea are obstructive sleep apnea (OSA), central sleep apnea (CSA) and mixed sleep apnea. Obstructive sleep apnea is the most common type of sleep apnea in which the breathing is disturbed by blockage of airflow.
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Apart from obesity, various factors such as smoking, hereditary existence, menopause, consumption of medicines with sedative effects, having a long neck, alcohol consumption, and improper sleeping habits are also responsible for the prevalence of this disorder. Sleep apnea mainly occurs among the geriatric population and obese people. Oventus Inc. suggests that OSA prevails in approximately 3% to 7% of adult men and 2% to 5% of adult females. In addition to this, 50% of the general population are snorers indicating the fact that this population is potential buyers of sleep apnea devices. Around 100 million people across the globe are suspected to suffer from OSA in 2014, though the majority of this population remains undiagnosed. There are multiple treatment options available for sleep apnea such as natural recovery by changing everyday habits and lifestyle, as well as the use of sleep apnea devices such as continuous positive airway pressure (CPAP) devices or wearable forms such as mandibular advancement devices (MAD), position pillows, dental devices or tongue retaining devices. It can be treated via the surgical method in most cases.
Positive Airway Pressure (PAP) devices segment to account for the highest share of the global sleep apnea devices market:
The global sleep apnea devices market can be segmented based on product type and end-users.
Based on product type, the global market can be segmented as:
- Therapeutic devices
- PAP devices
- Facial interfaces
- Oxygen concentrators
- Adaptive servo-ventilation instruments
- Airway clearance systems
- Diagnostic devices- These are further sub-segmented as:
- Polysomnography (PSG) devices
- Respiratory polygraphs
- Single-channel screening devices
- Actigraphy systems
Based on the end-user, the global market can be segmented as:
- Home Care Settings
- Sleep Laboratories
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The North American share to contribute the highest of the sleep apnea devices market
North America dominates the overall sleep apnea devices market, followed by Europe and the Asia Pacific respectively. Rising awareness among the populace and favorable reimbursement scenario in the North America market is a major factor propelling market growth. Other factors such as venture capital funding, new legislation of PAP devices and growth of funding and grants for development in manufacturing units of sleep apnea devices are some of the other major factors boosting the market growth across various European countries.
The well-established presence of multiple sleep apnea treating devices results in the dominance of ResMed Inc (US) on global sleep apnea devices market
The global sleep apnea devices market is prominently driven by key players such as ResMed Inc., Phillips Healthcare, Fisher and Paykel Healthcare Ltd. These companies have their products selling over several countries, prominently in US and Europe, and has established a dominance in the field of sleep apnea devices industry due to their high investments in R&D and distribution force of strong sales. The following are the other players in the global sleep apnea devices market which include SomnoMed Ltd., Weinmann Medical Devices GmbH, Compumedics Ltd., Whole You Inc., BMC Medical Co. Ltd, and Braebon Medical Corporation.
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