Global Sleep Apnea Devices Market Size, Share, Growth, Trends and Forecast Report, 2020 to 2027

17/apr/2020 11:06:29 Grand View Research Contatta l'autore

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The global sleep apnea devices market size is estimated to be worth USD 12.61 billion by 2025, expanding at a CAGR of 6.8% from 2019 to 2025, according to a report by Grand View Research, Inc. Increasing number of patients suffering from sleep apnea, growing awareness, and treatment rate of these diseases in North America are some of the factors contributing to the revenue growth.    

On the basis of product type, the market is categorized into therapeutic and diagnostic devices. Therapeutic device led the market with about 65.06% of revenue share in 2018, due to increased awareness and patient medication adherence in developed markets such as US and Canada and high prevalence of Obstructive Sleep Apnea (OSA). PAP Devices led the therapeutic segment due to higher product adoption and availability and comparative higher patient outcome. The segment is expected to witness a CAGR of 5.1% between 2019 and 2025.

Diagnostic device segment comprises of actigraphs, polysomnography, respiratory polygraphs, and pulse oximeters . Polysomnography devices led the market with 34.88% of revenue share in 2018 and is estimated to witness a CAGR of 7.05% over the forecast period. As there is no gold standard for diagnosis of OSA, polysomnography is one of the most preferred diagnostic tests for sleep apnea. Increase in preference of polysomnography test is expected to drive the market revenue between 2019 and 2025.

Sleep apnea PAP devices have witnessed significant development in terms of design, safety, and efficacy has helped to boost product adoption and patient outcome. Moreover, miniaturization of PAP devices and availability of cheaper brands is expected to fuel growth of the sleep apnea devices market over the forecast period. Some of the key manufactur are BMC Medical Co. Ltd.; GE Healthcare; Fisher & Paykel Healthcare Limited; Curative Medical Inc.; Cadwell Laboratories ResMed; Invacare Corporation; Braebon Medical Corporation; ImThera Medical Inc.; Phillips Respironics; Curative Medical Inc.; Nihon Kohden; and Compumedics Limited.

Request a Sample Copy of the Global Sleep Apnea Devices Market Research Report @ www.grandviewresearch.com/industry-analysis/sleep-apnea-devices-market/request/rs1

Further key findings from the report suggest :

     Therapeutic devices segment led the market in 2018, with a revenue of USD 5,302.1 million, due to high prevalence of OSA, increased treatment rate, patient adherence, and availability of technologically advanced products

       Oral devices segment is anticipated to exhibit the fastest CAGR of 11.7% over the forecast period as these products offer higher patient outcome, lower economic burden, and higher treatment adherence due to their smaller size

       Some of the key players operating in the sleep apnea devices market are BMC Medical Co. Ltd.; GE Healthcare; Fisher & Paykel Healthcare Limited; Curative Medical Inc.; Cadwell Laboratories; ResMed; Invacare Corporation; Braebon Medical Corporation; ImThera Medical Inc.; Phillips Respironics; Curative Medical Inc.; Nihon Kohden; and Compumedics Limited

Grand View Research has segmented the global sleep apnea devices market on the basis of product and region:

Sleep Apnea Devices Product Outlook (Revenue, USD Million, 2014 - 2025)

       Therapeutic Devices

§  PAP Devices

§  Oral Devices

§  Nasal Devices

§  Chin Straps

       Diagnostic Devices

§  Actigraphs

§  Polysomnography

§  Respiratory

§  Polygraphs

§  Pulse Oximeters

Sleep Apnea Devices Regional Outlook (Revenue, USD Million, 2014 - 2025)

       North America

§  US

§  Canada

       Europe

§  Germany

§  UK

§  Spain

§  France

§  Italy

§  Russia

       Asia Pacific

§  China

§  Japan

§  India

§  South Korea

§  Singapore

§  Australia

       Latin America

§  Brazil

§  Mexico

§  Argentina

       MEA

§  Tunisia

§  Egypt

§  South Africa

Access full research report on global sleep apnea devices market: www.grandviewresearch.com/industry-analysis/sleep-apnea-devices-market

 

 

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