The market size, revenue growth, and CAGR from 2022 to 2030 are all addressed in the Sleep Apnea Devices Market analysis. The research also gives significant insights into the top market players, including SWOT analysis, Porter's Five Forces analysis, and feasibility analysis to give readers a competitive edge. The study focuses on the current epidemic's most recent trends, major challenges, opportunities, and limitations.

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.

The high cost of CPAP equipment is a significant barrier to the expansion of market revenue. There are already a number of CPAP devices on the market, and while there is no standard starting price for a CPAP machine, the average price is roughly USD 400.00. A hose, mask, and even a humidifier are among the accessories that must be used with a CPAP machine. CPAP machines must be prescribed, which restricts availability and drives up cost. Considering that the great majority of sleep apnea cases are chronic, CPAP systems require continual maintenance. As a result of the high price of CPAP machines, the market revenue growth of sleep apnea devices is constrained.

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Global Sleep Apnea Devices Market Highlights:

  • Regional demand estimation and forecast
  • Product Mix Matrix
  • R&D Analysis
  • Cost-Benefit Analysis
  • Pre-commodity pricing volatility
  • Supply chain optimization analysis
  • Technological updates analysis
  • Raw Material Sourcing Strategy
  • Competitive Analysis
  • Mergers & Acquisitions
  • Location Quotients Analysis
  • Carbon Footprint Analysis
  • Patent Analysis
  • Vendor Management

Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Sleep Apnea Devices market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Sleep Apnea Devices market and pinpoint the fundamental growth trends.  

Key Companies Profiled 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

Key Parameters Analyzed in This Section:

  • Company Profiles
  • Gross Revenue
  • Profit margins
  • Product sales trends
  • Product pricing
  • Industry Analysis
  • Sales & distribution channels

Regional Segmentation:

  • North America
  • Latin America
  • Europe
  • Middle East & Africa
  • Asia Pacific

Key Points Covered in This Section:

  • Regional contribution
  • Estimated revenue generation
  • Vital data and information about the consumption rate in all the leading regional segments
  • An expected rise in market share
  • Forecast growth in the overall consumption rate

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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.

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

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Additional information offered by the report:

  • Along with a complete overview of the global Cobots market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
  • The report elaborates on the global Cobots market size and share governed by the major geographies.
  • It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
  • It further presents a detailed description of the company profiles of the key market contenders.

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