Global Sleep Apnea Devices Market Forecast to 2030

The Sleep Apnea Devices Market study was developed as a result of extensive primary and secondary research, qualitative analysis, and quantitative analysis of significant market segments. Business experts have also acknowledged and verified the clever information. The report's objective is to provide more details on the general market environment for lead-free piezoelectric ceramic materials.

The global sleep apnea devices market size is expected to reach USD 12.88 Billion at a steady revenue CAGR of 6.9% in 2030, according to latest analysis by Emergen Research.  Increasing patient pool of undiagnosed sleep apnea is a major factor driving market revenue growth. For example, Obstructive Sleep Apnea (OSA), is the most common kind of sleep-disordered breathing,  which affects 37% of men and 50% of women. However, it is estimated that 80% of OSA sufferers go undiagnosed and hence untreated. African Americans, Hispanics, and Pacific Islanders are also more prone than white population to have sleep apnea. Demand for sleep apnea devices is rising as a result of large number of undiagnosed sleep apnea patients and  increasing prevalence of this disease.

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Competitive Terrain:

The global Sleep Apnea Devices industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

ResMed, Koninklijke Philips N.V., Fisher Paykel Healthcare Limited, Inspire Medical Systems, Inc., SomnoMed.com, Oventus, Compumedics Limited, Löwenstein Medical Technology GmbH + Co. KG., Drive DeVilbiss International, and BMC

Research Report on the Sleep Apnea Devices Market Addresses the Following Key Questions:

• Who are the dominant players of the Sleep Apnea Devices market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Sleep Apnea Devices market?
• What are the key growth drivers and restraining factors of the Sleep Apnea Devices market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Sleep Apnea Devices market and its key segments?

Market Overview:

The report bifurcates the Sleep Apnea Devices market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

• Type Outlook (Revenue, USD Billion; 2019–2030)
• Therapeutic Devices
• Positive Airway Pressure Devices
1. Automatic Positive Airway Pressure Devices
2. Continuous Positive Airway Pressure Devices
3. Bilevel Positive Airway Pressure Devices
• Facial Interfaces

• Masks
1. Full-Face Masks
2. Nasal Pillow Masks
3. Nasal Masks
• Cushions
• Accessories
• Oral Applications

1. Mandibular Advancement Devices
2. Tongue-Retaining Devices
• Adaptive Servo-Ventilators
• Others
• Diagnostic Devices
• Polysomnography Devices
1. Ambulatory PSG Devices
2. Clinical PSG Devices
• Home Sleep Testing Devices
• Oximeters
1. Fingertip Oximeters
2. Handheld Oximeters
3. Wrist-Worn Oximeters
4. Tabletop Oximeters
• Actigraphy Systems
• Sleep Screening Devices

• End-Use Outlook (Revenue, USD Billion; 2019–2030)
• Sleep Laboratories Hospitals
• Home Care Settings/Individuals

• Regional Outlook (Revenue, USD Billion, 2019–2030)
• North America
1. U.S.
2. Canada
3. Mexico
• Europe
1. Germany
2. UK
3. France
4. Spain
5. BENELUX
6. Rest of Europe
• Asia Pacific
1. China
2. India
3. Japan
4. South Korea
5. Rest of APAC
• Latin America
1. Brazil
2. Rest of LATAM
• Middle East Africa
1. Saudi Arabia
2. UAE
3. Israel
4. Rest of Middle East Africa

Regional Landscape section of the Sleep Apnea Devices report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Some Key Highlights From the Report

• On 18 October 2021, Candid established a strategic alliance with Vivos Therapeutics, a company that treats obstructive sleep apnea , to provide patients with a comprehensive whole-mouth treatment for OSA. This strategic alliance will deliver an adult-specific solution for detecting and treating OSA, as well as orthodontic therapy from the same provider network.
• The therapeutic devices segment is expected to account for largest revenue share during the forecast period. This is attributed to increasing number of reported patients seeking treatment in sleep clinics, including CPAP therapy and design of new digital technologies, which are intended to make therapy setup and night usage easier for patients, while also assisting physicians in providing care more effectively. For example, on 16 August 2021, ResMed, a global innovator in digital health as well as sleep apnea treatment, launched AirSense 11, the company's next-generation Positive Airway Pressure (PAP) device designed to assist hundreds of millions of individuals worldwide with sleep apnea in establishing and maintaining treatment for managing and treating obstructive sleep apnea.
• The home care settings/individuals segment is expected to register a higher revenue share during the forecast period attributed to increased investments by key market players. For example, on 03 October 2022, Acurable, a medical device business based in the UK, announced a USD 10.8 million Series A financing round led by Kibo Ventures. Mundi Ventures, Comprador Holdings, and Kindred Capital co-led the fund. This funding will be used to speed international growth of AcuPebble SA100, the company's first home sleep-testing gadget that allows users to identify and monitor obstructive sleep apnea. Thus, owing to aforementioned factors, the home care settings/individuals segment is significantly driving market revenue growth during the forecast period.
• The North America market is expected to account for largest revenue share during the forecast period. This is attributed primarily to rising cases of sleep apnea, presence of significant market participants in this region, and improving awareness and widespread use of oral sleep apnea appliances. For example, on 09 February 2021, GoPAPfree, announced the debut of its new personalized oral appliance treatment equipment, which provides an efficient and agreeable alternative to CPAP therapy for obstructive sleep apnea with at-home shaping and implementation.

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Sleep Apnea Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Points of the Geographical Analysis:

• Data and information related to the consumption rate in each region
• Estimated increase in the consumption rate
• Proposed growth of the market share of each region
• Geographical contribution to market revenue
• Expected growth rate of the regional markets

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