Dublin, March 07, 2023 (GLOBE NEWSWIRE) -- The "Sleep Apnea Diagnostic and Therapeutic Devices: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Sleep Apnea Diagnostic and Therapeutic Devices estimated at US$7.4 Billion in the year 2022, is projected to reach a revised size of US$14 Billion by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030.
Diagnostic Devices, one of the segments analyzed in the report, is projected to record 7.9% CAGR and reach US$7.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Therapeutic Devices segment is readjusted to a revised 8.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 12.6% CAGR
The Sleep Apnea Diagnostic and Therapeutic Devices market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 12.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.
Select Competitors (Total 54 Featured) -
- Cadwell Laboratories Inc.
- Cleveland Medical Devices Inc.
- Compumedics Ltd.
- DeVilbiss Healthcare
- Fisher & Paykel Healthcare Ltd.
- Itamar Medical Ltd.
- Lowenstein Medical Technology GmbH + Co. KG
- Natus Medical Inc.
- Philips Healthcare
- ResMed Inc.
- Teleflex Inc.
- Vyaire Medical Inc.
What`s New for 2023?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 199 |
| Forecast Period | 2020 - 2027 |
| Estimated Market Value (USD) in 2020 | $6.7 Billion |
| Forecasted Market Value (USD) by 2027 | $11 Billion |
| Compound Annual Growth Rate | 7.3% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- A Prelude
- Recent Market Activity
- US, the Clear Market Leader; Developing Regions Promise Growth
- Market Segmentation
- Competition
- Sleep Apnea Diagnostic and Therapeutic Devices - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Growing Aging Population Drives Sleep Apnea Market
- Increasing Healthcare Spending Bodes Well for Sleep Apnea Devices
- Reimbursement Policies of CMS/Insurance Agencies
- Home Sleep Testing (HST) Technological Advancements over the Years
- Increased Awareness of Comorbid Conditions Spurs Market Growth
- Obesity: An Opportunity Indicator for Sleep Apnea Market
- Technological Advancements Improve Patient Compliance
- Smaller UAS Therapy Version for Treatment of Obstructive Sleep Apnea
- mHealth-Enabled Sleep Tracking Devices Gain Ground
- Patient-Friendly Masks
- Educational Campaigns
- Newer CPAP Alternatives
- Digital Sleep Apnea Devices Market Trends
- Emergence of Dental Sleep Medicine
- Oral Appliances vs. CPAP
- Sleep Apnea/Sleep Disorders in Children Responsible for Obesity
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/pa4my3
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