Global Sleep Apnea Device Market is expected to have a market value of USD 7,683.72 Million by 2027.
In sleep apnea, a person's breathing is interrupted in sleep. Untreated sleep apnea can cause chronic disorders, such as high blood pressure, cardiovascular diseases, obesity, and neurological conditions.
Key Players
MRFR recognizes the following companies as the Key Players in the global Sleep Apnea Device Market— Koninklijke Philips (Netherlands), ResMed (US), LivaNova (UK), Compumedics (Australia), Nihon Kohden (Japan), GE Healthcare (US), Natus Medica (US), BMC Medical (China), Cadwell (US), and Curative Medical (US).
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Segment Analysis
Global Sleep Apnea Device Market has been segmented into Type and End User. The global sleep apnea device market, by type, has been segmented into therapeutic and diagnostic device. Based on therapeutic device, the market has been segmented into positive airway pressure devices, facial interfaces, accessories, oral appliances, adaptive servo-ventilators, surgical devices. Positive airway pressure devices is further classified as automatic positive airway pressure devices, bilevel positive airway pressure devices and continuous positive airway pressure devices. The facial interface type is further segmented into full-face masks, nasal pillow masks, and nasal masks. The accessories type is classified as humidifier accessories, power accessories, transportation accessories, communication accessories, and chin restraints. Oral appliances type is further categorized into mandibular advancement devices and tongue-retaining devices. By diagnostic device type, it is segmented as polysomnography devices, home sleep testing devices, pulse oximeters, and sleep screening devices. The market for the global sleep apnea device market, by end user, is bifurcated into home care settings, sleep laboratories, and others.
Regional Analysis
Global Sleep Apnea Device Market, based on region, has been divided into the Americas, Europe, Asia-Pacific, and Middle East & Africa.
The Americas has been segmented into North America and Latin America, with the North America market further divided into the US and Canada. The Americas led the market and accounted for the largest share in 2019 due to a well-established healthcare system, rising number of patients with lung disease, and technological advancements in sleep apnea devices.
The European sleep apnea device market has been further segmented into Western Europe and Eastern Europe. The Western Europe Sleep Apnea Device market has further been classified into Germany, France, the UK, Italy, Spain, and the rest of Western Europe. The presence of a vast patient pool in European countries and the number of market players involved in product launch and approval is expected to propel the demand for sleep apnea devices during the forecast period, thus fueling the market growth in the European region.
The sleep apnea device market in Asia-Pacific has been segmented into China, India, Japan, South Korea, Australia, and the rest of Asia-Pacific. Asia-Pacific is expected to register the highest growth rate over the forecast period from 2020 to 2027. In addition, the rising pool of patients with respiratory diseases and technological advancements is expected to contribute to the growth of the market in Asia-Pacific countries.
The Middle East & Africa sleep apnea device market is segmented into the Middle East and Africa. The increasing number of smokers and other patient populations suffering from lung disease in the region is expected to fuel the market growth of the region.
Key Findings of the Study
Global Sleep Apnea Device Market is estimated to reach USD 7,683.72 Million by 2027 at a CAGR of 6.52% during the assessment period of 2020 to 2027.
The Americas accounted for the largest share of the global sleep apnea device market due to the presence of key players in the US, product clearances from regulatory authorities, and high uptake rate.
Based on type, the therapeutic device segment accounted for the largest market share of 6.1% in 2019.
On the basis of the diagnostic device by type, the polysomnography segment is expected to be the fastest-growing segment during the forecast period at a CAGR of 6.62%
Based on therapeutic devices, the positive air pressure device segment is likely to dominate the market at a CAGR of 7.43% during the review period.
Based on the positive air pressure device, by type, the automatic positive air pressure device segment is likely to dominate at a CAGR of 8.04% during the forecast period.
Based on accessories, the humidifier segment was the largest and to be the fastest-growing segment at a CAGR of 3.6% during the forecast period.
On the basis of end-user, the home care settings segment is likely to register a CAGR of 6.19% during the assessment period.
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Research Nester published a report titled “Sleep Apnea Device Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the sleep apnea device market in terms of market segmentation by product type, end user, and by region.Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.The sleep apnea device market is estimated to occupy a sizeable amount of revenue by growing at a significant CAGR during the forecast period, i.e., 2021 – 2029, owing to the rising occurrence of undiagnosed sleep apnea, major lifestyle changes and increasing usage of oral applications.
Apart from these, growing capital funding by leading medical companies for developing effective devices for sleeping disorders is also expected to drive market growth.The market is segmented by product type and end user.
Based on product type, the segment for therapeutic devices is anticipated to grab the largest market share during the forecast period on the back of escalating application of nasal, oral and chin-strap devices and high availability of cutting-edge medical appliances.
Furthermore, the sleep masks segment is projected to grow at the highest rate, which can be credited to the rise in adoption of CPAP machines.Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-183Geographically, the sleep apnea device market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa.
North America region is evaluated to grab the largest share in the market during the forecast period attributing to the increasing prevalence of sleep disorders and strong presence of market players.
Moreover, the market in Asia Pacific is assessed to grow by the highest rate in the future owing to the large patient pool and growing geriatric population.Increasing Incidences of Sleep Apnea to Boost Market GrowthSleep apnea is a serious disorder which is gaining wide recognition globally since the last few years.
Research Nester published a report titled “Sleep Apnea Device Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the sleep apnea device market in terms of market segmentation by product type, end user, and by region.Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.The sleep apnea device market is estimated to occupy a sizeable amount of revenue by growing at a significant CAGR during the forecast period, i.e., 2021 – 2029, owing to the rising occurrence of undiagnosed sleep apnea, major lifestyle changes and increasing usage of oral applications.
Apart from these, growing capital funding by leading medical companies for developing effective devices for sleeping disorders is also expected to drive market growth.The market is segmented by product type and end user.
Furthermore, the sleep masks segment is projected to grow at the highest rate, which can be credited to the rise in adoption of CPAP machines.Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-183Geographically, the sleep apnea device market is segmented into five major regions, namely North America, Europe, Latin America, Asia Pacific, and the Middle East & Africa.
North America region is evaluated to grab the largest share in the market during the forecast period attributing to the increasing prevalence of sleep disorders and strong presence of market players.
Moreover, the market in Asia Pacific is assessed to grow by the highest rate in the future owing to the large patient pool and growing geriatric population.Increasing Incidences of Sleep Apnea to Boost Market GrowthSleep apnea is a serious disorder which is gaining wide recognition globally since the last few years.
This is the major factor expected to fuel the market in the near future.“The Final Report will cover the impact analysis of COVID-19 on this industry.”Download/Request Sample Copy of Strategic Report: https://www.researchnester.com/sample-request-183However, costly diagnosis and treatment for sleep apnea is expected to operate as key restraint to the growth of the sleep apnea device market over the forecast period.This report also provides the existing competitive scenario of some of the key players of the sleep apnea device market which includes company profiling of Koninklijke Philips N.V. (AMS: PHIA), ResMed Corp. (NYSE: RMD), Fisher & Paykel Healthcare Limited (NZE: FPH), Cadwell Industries Inc., GENERAL ELECTRIC COMPANY (NYSE: GE), BMC Medical Co., Ltd., Becton, Dickinson and Company (NYSE: BDX), Natus Medical Incorporated (NASDAQ: NTUS), Invacare Corporation (NYSE: IVC), Compumedics Limited (ASX: CMP), and others.
Geographically, global Sleep Apnea Diagnostic Device market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including PhilipsWeinmann GeraeteMallinckrodtResMed LimitedCompumedicsWatermark MedicalEmbla SystemsMRA Medical(Spiro Medical)WideMedCADWELL LABORATORIESSOMNOmedicsBMC MedicalCurative MedicalHuanan MedicalContec MedicalDownload FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-sleep-apnea-diagnostic-device-2018-546 On the basis of product, we research the production, revenue, price, market share and growth rate, primarily split into Type IType II For the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Sleep Apnea Diagnostic Device for each application, including Application 1Application 2 Production, consumption, revenue, market share and growth rate are the key targets for Sleep Apnea Diagnostic Device from 2013 to 2024 (forecast) in these regions ChinaUSAEuropeJapanKoreaIndiaSoutheast AsiaSouth America If you have any special requirements, please let us know and we will offer you the report as you want.
Get the Complete Report & TOC @ https://www.grandresearchstore.com/life-sciences/global-sleep-apnea-diagnostic-device-2018-546Table of contentTable of Contents1 Report Overview1.1 Definition and Specification1.2 Report Overview1.2.1 Manufacturers Overview1.2.2 Regions Overview1.2.3 Type Overview1.2.4 Application Overview1.3 Industrial Chain1.3.1 Sleep Apnea Diagnostic Device Overall Industrial Chain1.3.2 Upstream1.3.3 Downstream1.4 Industry Situation1.4.1 Industrial Policy1.4.2 Product Preference1.4.3 Economic/Political Environment1.5 SWOT Analysis2 Market Analysis by Types2.1 Overall Market Performance2.1.1 Product Type Market Performance (Volume)2.1.2 Product Type Market Performance (Value)2.2 China Sleep Apnea Diagnostic Device Market Performance2.3 USA Sleep Apnea Diagnostic Device Market Performance2.4 Europe Sleep Apnea Diagnostic Device Market Performance2.5 Japan Sleep Apnea Diagnostic Device Market Performance2.6 Korea Sleep Apnea Diagnostic Device Market Performance2.7 India Sleep Apnea Diagnostic Device Market Performance2.8 Southeast Asia Sleep Apnea Diagnostic Device Market Performance2.9 South America Sleep Apnea Diagnostic Device Market Performance3 Product Application Market3.1 Overall Market Performance (Volume)3.2 China Sleep Apnea Diagnostic Device Market Performance (Volume)3.3 USA Sleep Apnea Diagnostic Device Market Performance (Volume)3.4 Europe Sleep Apnea DiaCONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store/
