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Global Sleep Apnea Devices Market: By Diagnostic Devices: Polysomnography Devices (PSG), Pulse Oximeters, Actigraphy Devices; By Therapeutic Devices: Oxygen Devices, Oral Appliances Therapeutic Devices, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Competitive Landscape; Industry Events and Developments
Global Sleep Apnea Devices Market Outlook
The global sleep apnea devices market attained a value of about USD 8.5 billion in 2020. The sleep apnea devices market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 6.5% to reach USD 11.7 billion by 2026.
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Properties and Applications
Sleep apnea refers to a serious sleep disturbance in which respiration ceases and starts again and again. There are several treatment options for recovering from sleep apnea. The examples include wearing an oral brace, sleep apnea surgery, weight management, posture therapy, and behaviour therapy. Therefore, Hypoglossus nerve stimulation, expiratory airway pressure, positive airway pressure therapy and oral pressure therapy are some of the most common therapies for sleep apnea.
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The diagnostic devices for sleep apnea can be divided into:
- Polysomnography Devices (PSG)
- Pulse Oximeters
- Actigraphy Devices
The therapeutic devices available in the industry can be divided into the following:
- Oxygen Devices
- Oral Appliances Therapeutic Devices
- Adaptive Servo Ventilation (ASV) Devices
- Masks and Accessories
Oxygen devices are further segmented into:
- Oxygen Concentrators
- Portable Oxygen Concentrators
- Liquid Portable Oxygen
The EMR report looks into the regional markets of sleep apnea devices like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The increased geriatric population is projected to contribute to the development of obstructive sleep apnea (OSA) as a consequence of rising life expectancy. Higher prevalence of OSA in the geriatric population due to apnea-related comorbidities is anticipated to stimulate the growth of the sleep apnea devices market. Improved awareness, identification of illnesses, patient adherence, and healthcare costs are also expected to accelerate the market growth.
The prevalence of sleep apnea rises with an increased risk of other conditions such as high blood pressure, cardiac disease, diabetes as well as mental disorders, like depression and fear. Awareness of the long-term effects of sleep apnea is expected to fuel the revenue growth of the market over the forecast period.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global sleep apnea devices market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Fisher & Paykel Healthcare Limited
- Invacare Corporation
- Natus Medical Incorporated
- Cadwell Industries Inc.
- Vyaire Medical Inc.
- Nihon Kohden Corporation
- Koninklijke Philips N.V.
- ResMed Corp.
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Diagnostic Devices, Therapeutic Devices, Region |
| Breakup by Diagnostic Devices | Polysomnography Devices (PSG), Pulse Oximeters, Actigraphy Devices |
| Breakup by Therapeutic Devices | Oxygen Devices, Oral Appliances Therapeutic Devices, Adaptive Servo Ventilation (ASV) Devices, Masks and Accessories |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Fisher & Paykel Healthcare Limited, Invacare Corporation, Natus Medical Incorporated, Cadwell Industries Inc., Vyaire Medical, Inc., Nihon Kohden Corporation, Koninklijke Philips N.V., and ResMed Corp., among others. |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Sleep Apnea Devices Market Analysis
8.1 Key Industry Highlights
8.2 Global Sleep Apnea Devices Historical Market (2018-2022)
8.3 Global Sleep Apnea Devices Market Forecast (2023-2028)
8.4 Global Sleep Apnea Devices Market by Diagnostic Devices
8.4.1 Polysomnography Devices (PSG)
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Pulse Oximeters
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Actigraphy Devices
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.5 Global Sleep Apnea Devices Market by Therapeutic Devices
8.5.1 Oxygen Devices
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.1.4 Breakup by Type
8.5.1.4.1 Oxygen Concentrators
8.5.1.4.2 Portable Oxygen Concentrators
8.5.1.4.3 Liquid Portable Oxygen
8.5.2 Oral Appliances Therapeutic Devices
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Adaptive Servo Ventilation (ASV) Devices
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Masks and Accessories
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.6 Global Sleep Apnea Devices Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Competitive Landscape
12.1 Market Structure
12.2 Company Profiles
12.2.1 Fisher & Paykel Healthcare Limited
12.2.1.1 Company Overview
12.2.1.2 Product Portfolio
12.2.1.3 Demographic Reach and Achievements
12.2.1.4 Certifications
12.2.2 Invacare Corporation
12.2.2.1 Company Overview
12.2.2.2 Product Portfolio
12.2.2.3 Demographic Reach and Achievements
12.2.2.4 Certifications
12.2.3 Natus Medical Incorporated
12.2.3.1 Company Overview
12.2.3.2 Product Portfolio
12.2.3.3 Demographic Reach and Achievements
12.2.3.4 Certifications
12.2.4 Cadwell Industries Inc.
12.2.4.1 Company Overview
12.2.4.2 Product Portfolio
12.2.4.3 Demographic Reach and Achievements
12.2.4.4 Certifications
12.2.5 Vyaire Medical, Inc.
12.2.5.1 Company Overview
12.2.5.2 Product Portfolio
12.2.5.3 Demographic Reach and Achievements
12.2.5.4 Certifications
12.2.6 Nihon Kohden Corporation
12.2.6.1 Company Overview
12.2.6.2 Product Portfolio
12.2.6.3 Demographic Reach and Achievements
12.2.6.4 Certifications
12.2.7 Koninklijke Philips N.V.
12.2.7.1 Company Overview
12.2.7.2 Product Portfolio
12.2.7.3 Demographic Reach and Achievements
12.2.7.4 Certifications
12.2.8 ResMed Corp.
12.2.8.1 Company Overview
12.2.8.2 Product Portfolio
12.2.8.3 Demographic Reach and Achievements
12.2.8.4 Certifications
12.2.9 Others
13 Industry Events and Developments
List of Key Figures and Tables
1. Global Sleep Apnea Devices Market: Key Industry Highlights, 2018 and 2028
2. Global Sleep Apnea Devices Historical Market: Breakup by Diagnostic Devices (USD Million), 2018-2022
3. Global Sleep Apnea Devices Market Forecast: Breakup by Diagnostic Devices (USD Million), 2023-2028
4. Global Sleep Apnea Devices Historical Market: Breakup by Therapeutic Devices (USD Million), 2018-2022
5. Global Sleep Apnea Devices Market Forecast: Breakup by Therapeutic Devices (USD Million), 2023-2028
6. Global Sleep Apnea Devices Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Sleep Apnea Devices Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Sleep Apnea Devices Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Sleep Apnea Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Sleep Apnea Devices Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Sleep Apnea Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Sleep Apnea Devices Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Sleep Apnea Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Sleep Apnea Devices Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Sleep Apnea Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Sleep Apnea Devices Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Sleep Apnea Devices Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Sleep Apnea Devices Market Structure
Key Questions Answered in the Report
In 2020, the global sleep apnea devices market attained a value of nearly USD 8.5 billion.
The market is projected to grow at a CAGR of 6.5% between 2023 and 2028.
The major drivers of the market include the identification of illnesses, patient adherence, improving healthcare costs, awareness of the long-term effects of sleep apnea, growing usage of oral appliances, increasing number of companies venturing into the sleep apnea market, and large pool of undiagnosed sleep apnea patients.
The increased geriatric population and improved awareness are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The diagnostic devices for sleep apnea are polysomnography devices (PSG), pulse oximeters, and actigraphy devices.
The therapeutic devices available in the industry can be divided into oxygen devices, oral appliances therapeutic devices, adaptive servo ventilation (ASV) devices, and masks and accessories. Oxygen devices are further divided into oxygen concentrators, portable oxygen concentrators and liquid portable oxygen.
The major players in the industry are Fisher & Paykel Healthcare Limited, Koninklijke Philips NV, Invacare Corporation, Natus Medical Incorporated, Resmed, Cadwell Industries Inc., Vyaire Medical, Inc., General Electric Company, and Nihon Kohden Corporation, among others.
Analyst Review
The global sleep apnea devices market attained a value of nearly USD 8.5 billion in 2020, driven by the increased geriatric population. Aided by awareness of the long-term effects of sleep apnea and large pool of undiagnosed sleep apnea patients, the market is expected to witness further growth in the forecast period of 2023-2028, growing at a CAGR of 6.5%.
EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The diagnostic devices for sleep apnea are polysomnography devices (PSG), pulse oximeters, and actigraphy devices. The therapeutic devices available in the industry can be divided into oxygen devices, oral appliances therapeutic devices, adaptive servo ventilation (ASV) devices, and masks and accessories. Oxygen devices are further divided into oxygen concentrators, portable oxygen concentrators and liquid portable oxygen. The major regional markets for sleep apnea devices market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The major players in the industry are Fisher & Paykel Healthcare Limited, Koninklijke Philips NV, Invacare Corporation, Natus Medical Incorporated, Resmed, Cadwell Industries Inc., Vyaire Medical, Inc., General Electric Company, and Nihon Kohden Corporation, among others.
EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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