Global Sleep Apnea Devices Market
Global Sleep Apnea Devices Market was valued at USD 4.2 billion in 2021 which expected to reach USD 9.5 billion by 2027, at a CAGR 8.57% , from 2022-2027.
A sleep disorder known as sleep apnea causes disturbed and irregular breathing patterns in the affected person when their breathing stops for at least 10 seconds. The condition lowers the blood's oxygen saturation as it flows throughout the body. In order to treat central sleep apnea syndrome, complicated sleep apnea syndrome, and obstructive sleep apnea syndrome, sleep apnea devices are typically employed as therapeutic and diagnostic equipment.
Market Drivers
Lack of awareness among people and a poor presentation of (OSA Obstructive Sleep Apnea), the rising prevalence of apnea in the older population still goes undiagnosed as OSA (OSA Obstructive Sleep Apnea). It is anticipated that the growing prevalence of sleep problems would be influenced by the ageing global geriatric population's longer life expectancy. For instance, According to the (2019) United Nations World Population Ageing Report, 703 million people worldwide are 65 years of age or older. The share of the global elderly population is predicted to double from 12% in 2015 to 22% in 2050, reaching 2 billion people, according to estimates from the World Health Organization (WHO).
In 2020, 13.0% to 32.0% of the world's elderly population will be affected with OSA (OSA Obstructive Sleep Apnea), which is becoming common. As a result, it is projected that the usage of sleep apnea devices would increase due to the growing senior population and greater awareness. Sleep apnea is becoming more common due to changing lifestyles, as well as the rising frequency of obesity and hypertension.
Market Restraints
There are several factors that can impact the growth and development of the restraint sleep apnea devices market, including: High Cost of Device and Lack of awareness. Sleep apnea devices can be expensive, which can limit their adoption by patients who cannot afford them. Insurance coverage can help reduce costs, but not all insurance plans cover the full cost of these devices. Furthermore, many people who suffer from sleep apnea are unaware of the available treatments and may not know that restraint sleep apnea devices exist. This lack of awareness can limit the demand for these devices.
Market Segmentation
Global Sleep Apnea Devices Market is segmented into product type such as Devices, and Therapy. By Disease Type, market is segmented into Obstructive Sleep Apnea Syndrome, Central Sleep Apnea Syndrome, and Complex Sleep Apnea Syndrome.
By Patient Demographics Pediatric, Geriatric, Adult. Also, market is segmented into end user such as Hospital/Clinics, Diagnostic Centers, Ambulatory Care Centers, Specialty Care Center, and Home Healthcare.
Regional Analysis
Global Sleep Apnea Devices Market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
The market was dominated by the North American segment because of Changes in lifestyle, rising disposable income, the presence of well-known players, an increase in the number of obese people, an increase in the prevalence of respiratory disorders, increased awareness of OSA, and supportive government measures are some of the main drivers of growth. Philips Respironics, Somnetics International Inc., and ResMed are a few of the significant players operating in North America. These businesses are well-known in the market and have established supply and distribution networks all over North America.
Key Players
ResMed, Phillips Respironics, Fisher & Paykel Healthcare Limited, Curative Medical, Inc., Invacare Corporation, Somnetics International, Inc, BMC Medical Co., Ltd., Natus Medical Incorporated, SOMNOmedics GmbH, Compumedics Limited, etc.
Market Taxonomy
By Disease Type
• Obstructive Sleep Apnea Syndrome
• Central Sleep Apnea Syndrome
• Complex Sleep Apnea Syndrome
By Product Type
• Devices
• Therapy
By Patient Demographics
• Pediatric
• Adult
• Geriatric
By End User
• Hospital/Clinics
• Diagnostic Centers
• Ambulatory Care Centers
• Specialty Care Center
• Home Healthcare
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Sleep Apnea Devices Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Sleep Apnea Devices Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply & Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Sleep Apnea Devices Market, By Disease Type
5.1 Y-o-Y Growth Comparison, By Disease Type
5.2 Global Sleep Apnea Devices Market Share Analysis, By Disease Type
5.3 Global Sleep Apnea Devices Market Size and Forecast, By Disease Type
5.3.1 Obstructive Sleep Apnea Syndrome
5.3.2 Central Sleep Apnea Syndrome
5.3.3 Complex Sleep Apnea Syndrome
6 Global Sleep Apnea Devices Market, By Product Type
6.1 Y-o-Y Growth Comparison, By Product Type
6.2 Global Sleep Apnea Devices Market Share Analysis, By Product Type
6.3 Global Sleep Apnea Devices Market Size and Forecast, By Product Type
6.3.1 Devices
6.3.2 Therapy
7 Global Sleep Apnea Devices Market, By Patient Demographics
7.1 Y-o-Y Growth Comparison, By Patient Demographics
7.2 Global Sleep Apnea Devices Market Share Analysis, By Patient Demographics
7.3. Global Sleep Apnea Devices Market Size and Forecast, By Patient Demographics
7.3.1 Pediatric
7.3.2 Adult
7.3.3 Geriatric
8. Global Sleep Apnea Devices Market, By End User
8.1 Y-o-Y Growth Comparison, By End User
8.2 Global Sleep Apnea Devices Market Share Analysis, By End User
8.3 Global Sleep Apnea Devices Market Size and Forecast, By End User
8.3.1 Hospital/Clinics
8.3.2. Diagnostic Centers
8.3.3. Ambulatory Care Centers
8.3.4. Specialty Care Center
8.3.5. Home Healthcare
8 Global Sleep Apnea Devices Market, By Region
8.1 Global Sleep Apnea Devices Market Share Analysis, By Region
8.2 Global Sleep Apnea Devices Market Share Analysis, By Region
8.3 Global Sleep Apnea Devices Market Size and Forecast, By Region
9 North America Sleep Apnea Devices Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Sleep Apnea Devices Market Share Analysis, By Disease Type
9.3 North America Sleep Apnea Devices Market Size and Forecast, By Product Type
9.4 North America Sleep Apnea Devices Market Size and Forecast, By Patient Demographics
9.5 North America Sleep Apnea Devices Market Size and Forecast, By End User
9.6 North America Sleep Apnea Devices Market Size and Forecast, By Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
10 Europe Sleep Apnea Devices Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Sleep Apnea Devices Market Share Analysis, By Disease Type
10.3 Europe Sleep Apnea Devices Market Size and Forecast, By Product Type
10.4 Europe Sleep Apnea Devices Market Size and Forecast, By Patient Demographics
10.5 Europe Sleep Apnea Devices Market Size and Forecast, By End User
10.6 Europe Sleep Apnea Devices Market Size and Forecast, By Country
10.6.1 Germany
10.6.2 France
10.6.3 UK
10.6.4. Rest of Europe
11 Asia Pacific Sleep Apnea Devices Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Sleep Apnea Devices Market Share Analysis, By Disease Type
11.3 Asia Pacific Sleep Apnea Devices Market Size and Forecast, By Product Type
11.4 Asia Pacific Sleep Apnea Devices Market Size and Forecast, By Patient Demographics
11.5 Asia Pacific Sleep Apnea Devices Market Size and Forecast, By End User
11.6 Asia Pacific Sleep Apnea Devices Market Size and Forecast, By Country
11.6.1 China
11.6.2 Japan
11.6.3 India
11.6.4. Rest of Asia Pacific
12 Latin America Sleep Apnea Devices Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Sleep Apnea Devices Market Share Analysis, By Disease Type
12.3 Latin America Sleep Apnea Devices Market Size and Forecast, By Product Type
12.4 Latin America Sleep Apnea Devices Market Size and Forecast, Patient Demographics
12.5 Latin America Sleep Apnea Devices Market Size and Forecast, By End User
12.6 Latin America Sleep Apnea Devices Market Size and Forecast, Country
13 Middle East Sleep Apnea Devices Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Sleep Apnea Devices Market Share Analysis, By Disease Type
13.3 Middle East Sleep Apnea Devices Market Size and Forecast, By Product Type
13.4 Middle East Sleep Apnea Devices Market Size and Forecast, By Patient Demographics
13.5 Middle East Sleep Apnea Devices Market Size and Forecast, By End User
13.6 Middle East Sleep Apnea Devices Market Size and Forecast, By Country
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 ResMed
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. Phillips Respironics
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Fisher & Paykel Healthcare Limited
15.3.1 Overvie
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 Curative Medical, Inc
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Invacare Corporation
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Somnetics International, Inc
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 BMC Medical Co
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Natus Medical Incorporated
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 SOMNOmedics GmbH
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Compumedics Limited
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
