Sleep Apnea Devices Market Size by Product (Therapeutics Airway Clearance System, Adaptive Servo-ventilation (ASV), Positive Airway Pressure (PAP) Device, Oral Appliances, Oxygen Devices, Diagnostics Actigraphy Systems, Polysomnography (PSG) Device, Respiratory Polygraph, Sleep Screening Devices), By End-use (Home Care Settings & Individuals, Sleep Laboratories & Hospitals), Industry Analysis Report, Regional Impact Analysis, Price Trends, Competitive Market Share, and Forecast for Covid-19, 2022–2027
The market for sleep apnea devices is estimated to reach $12.9 billion by 2027, growing at a CAGR of 10.3% from 2020 to 2027. The sleep apnea market is being driven by a large number of undiagnosed sleep apnea patients, growing public and clinical awareness about sleep apnea with growing public and private sector initiatives, significant venture capital funding in the area of sleep apnea, growing usage of oral appliances, and technological advancements. Furthermore, the growing demand for home healthcare, as well as an increased focus on telemedicine and mhealth, presents considerable potential for diagnostic and treatment equipment producers in the worldwide sleep apnea market.
Furthermore, according to the Sleep Advisor Organization article 2021, there are already over 4,700 sleep labs in operation in the United States. As a result, over the last few years, the diagnosis and treatment of sleep problems has increased considerably in the United States. Furthermore, the existence of significant sleep apnea devices industry players in the country, such as Koninklijke Philips N.V., Fisher & Paykel Healthcare, and Nihon Kohden, among others, is facilitating industrial expansion in the United States through new product development and commercialization.
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Scope of the report:
Sleep Apnea Devices Market by Type
- Therapeutic devices
- Positive Airway Pressure (PAP) Devices
- Automatic Positive Airway Pressure Devices
- Continuous Positive Airway Pressure Devices
- Bilevel Positive Airway Pressure Devices
- Masks
- Full-Face Masks
- Nasal Pillow Masks
- Nasal Masks
- Oral Appliances
- Mandibular Advancement Devices
- Tongue-Retaining Devices
- Adaptive Servo-Ventilators
- Oxygen Devices/ Oxygen concentrator
- Accessories
- Positive Airway Pressure (PAP) Devices
- Diagnostic devices
- Polysomnography (PSG) Devices
- Clinical Polysomnography Devices
- Ambulatory Polysomnography Devices
- Home sleep testing devices
- Oximeters
- Fingertip Oximeters
- Hand-held Oximeters
- Wrist-worn Oximeters
- Table top Oximeters
- Actigraphy Systems
- Polysomnography (PSG) Devices
Sleep Apnea Devices Market by End user
- Hospitals & Sleep Laboratories
- Home Care Settings/Individuals
Sleep Apnea Devices Market by Geography
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- U.K.
- Spain
- RoE
- Asia-Pacific (APAC)
- China
- Japan
- India
- RoAPAC
- Latin America
- Middle East and Africa
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The research answers the following key questions:
- What is the value of income earned from the sale of sleep apnea devices around the world? What is the predicted rate of growth in demand over the next 5-7 years?
- Which product type segment offers the most potential for sleep apnea market participants to grow?
- In the worldwide sleep apnea market, which end user categories are expected to gain the most traction?
- What are the main elements that are propelling the sleep apnea market forward? What are the primary market opportunities for both existing market players and new entrants?
- What companies dominate the worldwide sleep apnea market?
- Which regions/countries are projected to provide substantial growth prospects for sleep apnea industry vendors?
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