Sleep Apnea Market Overview, Trends, Growth, Demand, Key Players Analysis and Forecast to 2031

Global Sleep Apnea Market report from Global Insight Services is the single authoritative source of intelligence on Sleep Apnea Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Surging prevalence of sleep apnea and related co-morbidities along with growing awareness regarding sleep disorders is amongst the major factors stimulating the overall market growth. Technological advancement is set to propel sleep apnea devices market growth during the forecast period. These advancements in oral appliances, oxygen devices, actigraphy systems have increased the sleep disorders treatment outcome and success rate.

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COVID-19 Impact Analysis:

Diagnostic devices suppliers witnessed a decline in sales revenue growth of sleep apnea diagnostic devices due to temporary closure of sleep clinics and medical equipment suppliers owing to quarantines and government restrictions. The growth of the sleep apnea devices market has massively increased due to the sudden outbreak of the COVID-19 pandemic.

Key Trends and Drivers:

  1. The massive pool of undiagnosed patients of sleep apnea holds tremendous potential for the sleep apnea devices market. It is expected with the ongoing awareness campaigns and efforts, the untouched patient’s base would be diagnosed and treated for the sleep apnea.
  2. This combined with increasing number of sleep clinics and sleep technicians globally is facilitating the growth of the market.
  3. People’s sedentary lifestyles have resulted in an increase in the prevalence of cardiovascular illnesses, poor sleep habits, high-stress levels, and obesity.
  4. Insurance coverage for treatment of sleep apnea and other sleep disorders, Product innovation strategy adopted by key industry players.

Segmentation:

By Type

  • Therapeutic Devices
    • Positive Airway Pressure Devices
      • Automatic Positive Airway Pressure Devices
      • Continuous Positive Airway Pressure Devices
      • Bilevel Positive Airway Pressure Devices
    • Facial Interfaces
      • Masks
        • Full-Face Masks
        • Nasal Pillow Masks
        • Nasal Masks
      • Cushions
    • Oral Appliances
      • Mandibular Advancement Devices
      • Tongue-Retaining Devices
    • Adaptive Servo-Ventilators
    • Other Therapeutic Devices
  • Diagnostic Devices
    • Polysomnography Devices
      • Clinical PSG Devices
    • Home Sleep Testing Devices
    • Oximeters
      • Fingertip Oximeters
      • Handheld Oximeters
      • Wrist-Worn Oximeters
      • Tabletop Oximeters

By End User

  1. Sleep Laboratories and Clinics.
  2. Home care and other settings.

Key Players:

Key companies in this market include:

  • Braedon Medical Corporation
  • SomnoMed
  • ResMed Inc.
  • Philips N.V.
  • BMC Medical Co. Ltd.
  • Fisher & Paykel Healthcare

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