Pune India, Jan. 23, 2023 (GLOBE NEWSWIRE) -- The market has been studied for the below mentioned-segmentation and regional analysis for North America, Europe, Asia, South America, and the Middle East and Africa. These are the key regions where the sleep apnea devices market is operating and is predicted to expand soon. The manufacturers and suppliers involved in the sleep apnea devices market are present across various countries in the above-mentioned regions.
Get Sample Copy of This Report @ https://greyviews.com/reports/sleep-apnea-devices-market/431/request-sample
The report provides a detailed understanding of the market segments which have been formed by combining different prospects such as the product, diagnostic devices and region. Apart from this, the key driving factors, restraints, potential growth opportunities, and market challenges are also discussed in the below paragraphs.
The significant players operating in the global sleep apnea devices market are ResMed, Fisher & Paykel Healthcare Limited, Philips Respironics, Invacare Corporation, Curative Medical, Inc., BMC Medical Co., Ltd., Somnetics International, Inc., SOMNOmedics GmbH, Natus Medical Incorporated, Itamar Medical Ltd., Compumedics Limited, Nihon Kohden Corporation among other. To achieve a substantial market share in the worldwide sleep apnea devices market and strengthen their position, manufacturers are pursuing expansion methods such as current developments, mergers and acquisitions, product innovations, collaborations, and partnerships, joint ventures.
An emergency medical disease known as sleep apnea, also known as sleep-disordered breathing (SDB), occurs when the brain's oxygen supply is disrupted while you're asleep. It is brought on by obstructions in the airway, which result in erratic breathing patterns, loud snoring, and frequent gasping for air. To assess the patient's respiratory and other body processes while they sleep, sleep apnea diagnostic and therapeutic devices such as Continuous Positive Airway Pressure (CPAP), Bilevel Positive Airway Pressure (BiPAP), and Variable Positive Airway Pressure (VPAP) machines are utilised. In addition, a variety of oral appliances, such as the Mandibular Advancement Device (MAD) and tongue-holding device, are used to treat mild to moderate sleep apnea. One of the main factors propelling the market's expansion is the rising incidence of obstructive sleep apnea disorder (OSA), central sleep apnea, and complicated sleep apnea syndrome. Due to the significant prevalence of these problems in the elderly population and those with comorbid illnesses like diabetes, hypertension, and cardiovascular diseases (CVDs), both developed and developing countries are seeing increased product uptake. Product advancements, such as Out-of-Center (OOC) testing equipment that looks at respiratory, oximetry, and cardiovascular parameters to diagnose OSA, are also a significant growth-inducing element.
Enquiry Before Buying This Report @ https://greyviews.com/inquiry/431
Scope of Sleep Apnea Devices Market Report
| Report Metric | Information |
| Study Period | 2022-2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Market Share Unit | USD Billion |
| Segments Covered | Product, Diagnostic Devices and Regions |
| Regions Covered | North America, Europe, Asia-Pacific, South America, and Middle-East and Africa |
| Major Players | ResMed, Fisher & Paykel Healthcare Limited, Phillips Respironics, Invacare Corporation, Curative Medical, Inc., BMC Medical Co., Ltd., Somnetics International, Inc., SOMNOmedics GmbH, Natus Medical Incorporated, Itamar Medical Ltd., Compumedics Limited, Nihon Kohden Corporation among other. |
Segmentation Analysis
The therapeutics devices segment is expected to be the fastest-growing segment in 2022.
The product segment is therapeutics devices, sleep apnea masks, and diagnostic devices. The therapeutics devices segment will witness the highest growth rate during the forecast period. Chin straps, nasal, oral, and pressure devices are a few examples of therapeutic devices. The rising prevalence of OSA, greater awareness of OSA, continued device technology developments, more government support and initiatives, and rising disposable income are some of the main growth causes.
The pulse oximeters segment is expected to be the fastest-growing segment in 2022.
The diagnostic devices segment is pulse oximeters, polysomnography devices (PSG), and actigraphy devices. The pulse oximeters segment is expected to witness the highest growth rate during the forecast period. Pulse oximeters are widely used to measure the blood's oxygen saturation. They are utilized to continually and non-invasively monitor blood oxygen saturation levels. Due to their simplicity, they have essentially become a regular tool in hospitals and other healthcare facilities. For both adults and children, obstructive sleep apnea is evaluated and identified using pulse oximetry in a variety of ways. According to an article by Adam V. Benjafield that was published in The Lancet Respiratory Medicine 2020, there are 425 million adults worldwide who have moderate to severe obstructive sleep apnoea (OSA), and 936 million adults who have mild to severe OSA. In a similar vein, 50 to 60 percent of obese individuals and MS patients are thought to also have OSA.
Regional Analysis
The regional analysis provides a detailed perception of the key regions and the countries. Some of the key countries analyzed for the sleep apnea devices include the US, Canada, Mexico, Germany, France, the U.K., Italy, Spain, Russia, China, Japan, India, Brazil, Peru, UAE, South Africa, and Saudi Arabia.
- The North America region witnessed a major share. Due to the high prevalence of sleep disordered breathing (SDB) and the growing elderly population in the area, the region is anticipated to have strong growth both now and in the future. The majority of the market in North America is controlled by the United States. For instance, the National Institute of Medicine reported in 2020 that the prevalence of OSA in the United States could reach 14% of men and 5% of women by that year. Populations of Hispanic, Black, and Asian descent have greater rates. In the US, there are about 25 million persons who suffer from obstructive sleep apnea.
Country Analysis
- Germany
Germany's sleep apnea devices market size was valued at USD 0.83 billion in 2022 and is expected to reach USD 4.43 billion by 2030, at a CAGR of 7.1% from 2023 to 2030. The region's market share for sleep apnea devices is expected to grow as a result of an increase in patient numbers, the presence of foreign producers, and greater public awareness of the condition. Additionally, as more people become aware of the health dangers associated with this disorder, there are an increasing number of diagnostic tests available to identify the presence of sleep apnea.
- China
China’s sleep apnea devices market size was valued at USD 0.61 billion in 2022 and is expected to reach USD 3.84 billion by 2030, at a CAGR of 6.2% from 2023 to 2030. The longer average life expectancy of the older population in the region is expected to raise the prevalence of sleep issues.
- India
India's sleep apnea devices market size was valued at USD 0.54 billion in 2022 and is expected to reach USD 3.72 billion by 2030, at a CAGR of 6.7% from 2023 to 2030. Due to changing lifestyles, as well as an increase in obesity and hypertension, sleep apnea is becoming increasingly popular.
Covid-19 Impact
Covid-19 had a major impact on almost all industries, such as electronics, semiconductors, manufacturing, automobile, etc. However, several companies operating in the technology sector have seen increased revenue due to significant changes in consumer preferences toward technological services. In addition, the pandemic has led to significant growth in technology across developing and developed countries.
Furthermore, the growth of the sleep apnea devices market is mainly driven by the rise in geriatric population.
Buy Now Full Report @ https://greyviews.com/checkout/431/single_user_license
Contact Us
Rocky Shah
GreyViews
Pune India
Phone: (+44) 162-237-1047
Email: sales@greyviews.com
Browse Related Reports:
Alopecia Market Size By Disease Type (Alopecia Areata, Androgenetic Alopecia, Cicatricial, Traction and Others), By Treatment (Devices and Pharmaceuticals), By End-Users (Homecare, Dermatology Clinics, Hospitals and Others), Regions, Segmentation, and Projection till 2030
https://greyviews.com/reports/alopecia-market/439
Aesthetic Medical Laser Systems Market Size By Device Type (Gas Lasers, Diode Lasers, Dye Lasers, and Solid State), By Application (Pigmented Lesions & Tattoos, Skin Rejuvination, Hair Removal, Vascular Lesions, Leg Veins & Varicose Vein and Others), By End-user (Hospital, Medical Spas, and Private Clinics), Regions, Segmentation, and Projection till 2030
https://greyviews.com/reports/aesthetic-medical-laser-systems-market/436
Surgical Glue Market Size By Product Type (Natural Adhesives & Sealants and Synthetic & Semi-Synthetic Adhesives & Sealants), By Application (Neurosurgery, Burn Bleeding, Cardiovascular Surgery, Pulmonary Surgery, Liver and Spleen Laceration, Plastic Surgery, Wound Healing, and Others), Regions, Segmentation, and Projection till 2030
https://greyviews.com/reports/surgical-glue-market/434
Sleep Apnea Devices Market Size By Product (Therapeutics Devices, Sleep Apnea Masks, and Diagnostic Devices), By Diagnostic Devices (Pulse Oximeters, Polysomnography Devices (PSG), and Actigraphy Devices), Regions, Segmentation, and Projection till 2030
https://greyviews.com/reports/sleep-apnea-devices-market/431
Prosthetic Heart Valve Market Size By Product (Transcatheter Heart Valves, Biological/Tissue Heart Valves, and Mechanical Heart Valves), By End-User (Ambulatory Services and Hospitals), Regions, Segmentation, and Projection till 2030
https://greyviews.com/reports/prosthetic-heart-valve-market/430
Oral Care/Oral Hygiene Market Size By Product (Toothpaste, Denture Products, Dental Accessories, Toothbrush and Others), By Sales Channel (Online Sales Channel, Drug Stores & Pharmacies, Supermarkets, Specialty Stores and Others), Regions, Segmentation, and Projection till 2030
https://greyviews.com/reports/oral-care-oral-hygiene-market/428
Medical Tourism Market Size By Treatment Type (Cosmetic Treatment, Orthopedic Treatment, Oncology (Cancer) Treatment, Fertility Treatment, and Others), By Service Provider (Public and Private) Regions, Segmentation, and Projection till 2030
https://greyviews.com/reports/medical-tourism-market/425
Hospital Capacity Management Solutions Market Size By Delivery Mode (Cloud-Based and On-Premise), By Application (Integrated Solutions and Standalone Solutions), Regions, Segmentation, and Projection till 2030
https://greyviews.com/reports/hospital-capacity-management-solutions-market/416
Hair Transplant Market Size By Method (Follicular Unit Transplantation and Follicular Unit Extraction), By Therapy (PRP, Stem Cell, Laser Therapy, and Others), By Service Provider (Hospitals, Clinics, Surgical Centers, and Others), Regions, Segmentation, and Projection till 2030
https://greyviews.com/reports/hair-transplant-market/414
Skin Tightening Market Size By Type (Ultrasound Skin-Tightening, Radio Frequency Skin-Tightening and Laser Skin-Tightening), By End-User (Hospitals, Cosmetic Centres & Homecare, Beauty Salons and Others), Regions, Segmentation, and Projection till 2030
https://greyviews.com/reports/skin-tightening-market/412
