Dublin, Sept. 19, 2024 (GLOBE NEWSWIRE) -- The "India Sleep Apnea Devices Market, By Region, Competition, Forecast & Opportunities, 2020-2030F" report has been added to ResearchAndMarkets.com's offering.
India's Sleep Apnea Devices Market was valued at USD 147.02 million in 2024 and is anticipated to witness a CAGR of 7.19% through 2030, reaching USD 223.51 million.
Increasing awareness of the health consequences of untreated sleep apnea is driving individuals to seek diagnosis and treatment, supported by educational campaigns and healthcare organizations' initiatives. Continuous technological advancements in sleep apnea devices, such as more comfortable masks, quieter machines, and enhanced data monitoring capabilities, are enhancing user-friendliness and effectiveness, consequently boosting patient compliance and adoption rates.
India's aging population, susceptible to sleep apnea, is anticipated to drive demand for these devices, alongside the demographic shift towards older age groups. Moreover, rising disposable income and healthcare spending capacity among the Indian population facilitate increased investment in sleep apnea diagnosis and treatment.
Key Market Trends
Home Sleep Testing
Home Sleep Testing allows individuals to undergo sleep apnea testing in the comfort of their own homes. This convenience and accessibility make it easier for more people to access sleep apnea diagnosis, particularly in regions where access to sleep centers may be limited. HST is often more cost-effective than in-lab polysomnography (PSG), which is a traditional sleep study conducted in a clinical setting. The lower cost of HST makes it a more attractive option for individuals seeking a diagnosis. Many individuals find it more comfortable to sleep in their own beds, which can lead to more accurate test results. HST minimizes the disruption to an individual's sleep patterns compared to spending a night in a sleep lab.
Home sleep testing eliminates the need for travel and overnight stays at sleep centers, offering greater convenience for individuals who may have busy schedules or transportation challenges. The COVID-19 pandemic highlighted the importance of reducing in-person interactions, and HST became even more appealing during this time. It allowed for social distancing and minimized the risk of exposure to the virus. HST is not only used for diagnosis but also for ongoing monitoring of sleep apnea treatment. Individuals can use HST devices to assess the effectiveness of their treatment, making it a valuable tool for long-term care. Many healthcare providers in India are increasingly accepting HST as a reliable method for diagnosing sleep apnea. They may recommend HST to their patients, further promoting its use.
Segmental Insights
Type Insights
In 2024, the India Sleep Apnea Devices Market largest share was held by Therapeutic Devices segment and is predicted to continue expanding over the coming years. Therapeutic devices are at the core of treating sleep apnea, which is a prevalent and serious sleep disorder. These devices are primarily designed to alleviate the symptoms and health risks associated with sleep apnea, making them a fundamental component of treatment. Sleep apnea is a common condition in India and worldwide, with a significant number of individuals affected by it. As awareness of sleep apnea has increased, more individuals are being diagnosed and prescribed therapeutic devices as part of their treatment plan.
The Therapeutic Devices segment encompasses various devices designed to treat sleep apnea, including Continuous Positive Airway Pressure (CPAP) machines, Bilevel Positive Airway Pressure (BiPAP) machines, adaptive servo-ventilation (ASV) devices, and others. The availability of a wide range of devices allows healthcare providers to tailor treatments to the specific needs of patients. Therapeutic devices have been shown to be clinically effective in managing sleep apnea, improving patients' breathing patterns, reducing apnea events, and alleviating associated symptoms. This demonstrated effectiveness contributes to the growing adoption of these devices.
Indication Type Insights
In 2024, the India Sleep Apnea Devices Market largest share was held by Obstructive Sleep Apnea segment and is predicted to continue expanding over the coming years. Obstructive Sleep Apnea is the most common type of sleep apnea, both in India and globally. It is characterized by the repeated partial or complete blockage of the upper airway during sleep. OSA is more prevalent than central sleep apnea or complex sleep apnea syndrome, making it the dominant condition in this market. OSA is widely recognized as a significant public health concern due to its association with various health issues, including cardiovascular problems, diabetes, and daytime fatigue. This awareness has led to more individuals seeking diagnosis and treatment for OSA, which in turn drives the demand for OSA-specific sleep apnea devices.
Healthcare providers often place a strong emphasis on diagnosing OSA because of its potential health consequences. As a result, more patients undergo sleep studies and assessments for OSA, contributing to the need for OSA-specific devices. The treatment of OSA often involves the use of Continuous Positive Airway Pressure (CPAP) and Bilevel Positive Airway Pressure (BiPAP) devices, which are designed to alleviate the obstruction in the airway. These devices are the primary tools used to manage OSA, and they constitute a significant portion of the sleep apnea device market. Medical device manufacturers have invested in the development of advanced CPAP and BiPAP devices with features tailored to OSA patients. These innovations have enhanced patient comfort and compliance, driving the adoption of OSA-specific devices.
Regional Insights
The North India region dominates the India Sleep Apnea Devices Market in 2024. North India is home to several densely populated cities and states, including Delhi, Uttar Pradesh, and Haryana. The higher population density means there is a larger pool of potential patients with sleep apnea, driving the demand for sleep apnea devices. North India has experienced significant urbanization and lifestyle changes. Urban areas often have a higher prevalence of sleep disorders due to factors like stress, sedentary lifestyles, and dietary habits, which contribute to the demand for sleep apnea devices.
North India has relatively better healthcare infrastructure compared to some other regions in the country. This includes a higher concentration of hospitals, clinics, and sleep disorder centers where patients can access diagnosis and treatment for sleep apnea. North India has a relatively higher level of health awareness compared to some other regions. This results in more people seeking medical advice and diagnosis for sleep-related issues, which, in turn, drives the demand for sleep apnea devices.
Key Attributes
| Report Attribute | Details |
| No. of Pages | 85 |
| Forecast Period | 2025-2030 |
| Estimated Market Value (USD) in 2025 | $147.02 Million |
| Forecasted Market Value (USD) by 2030 | $223.51 Million |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | India |
Key Topics Covered
1. Product Overview
1.1. Market Definition
1.2. Scope of the Market
1.2.1. Markets Covered
1.2.2. Years Considered for Study
1.2.3. Key Market Segmentations
2. Research Methodology
2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Types
2.5. Forecasting Methodology
2.6. Data Triangulation Validation
2.7. Assumptions and Limitations
3. Executive Summary
3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends
4. Voice of Customer
5. India Sleep Apnea Devices Market Outlook
5.1. Market Size Forecast
5.1.1. By Value Volume
5.2. Market Share Forecast
5.2.1. By Type (Therapeutic Devices, Diagnostic Devices)
5.2.2. By Indication Type (Obstructive Sleep Apnea, Central Sleep Apnea)
5.2.3. By End User (Hospitals Clinics, Homecare)
5.2.4. By Region (North India, South India, East India, West India)
5.2.5. By Company (2024)
5.3. Market Map
6. India Therapeutic Sleep Apnea Devices Market Outlook
6.1. Market Size Forecast
6.1.1. By Value
6.2. Market Share Forecast
6.2.1. By Indication Type
6.2.2. By End User
7. India Diagnostic Sleep Apnea Devices Market Outlook
7.1. Market Size Forecast
7.1.1. By Value
7.2. Market Share Forecast
7.2.1. By Indication Type
7.2.2. By End User
8. Market Dynamics
8.1. Drivers
8.2. Challenges
9. Market Trends Developments
9.1. Merger Acquisition
9.2. Product Development
9.3. Recent Developments
10. Policy Regulatory Landscape
11. Porters Five Forces Analysis
11.1. Competition in the Industry
11.2. Potential of New Entrants
11.3. Power of Suppliers
11.4. Power of Customers
11.5. Threat of Substitute Products
12. India Economic Profile
13. Pricing Analysis
14. Competitive Landscape
14.1. ResMed
14.1.1. Business Overview
14.1.2. Company Snapshot
14.1.3. Products Services
14.1.4. Financials (In case of listed)
14.1.5. Recent Developments
14.1.6. SWOT Analysis
14.2. BPL Medical Technologies Pvt. Ltd.
14.3. BMC Co. Ltd.
14.4. Koninklijke Philips N.V.
14.5. Medical Depot, Inc.
14.6. Fisher Paykel Healthcare India Private Ltd.
14.7. Nihon Kohden Corporation
14.8. Teleflex Medical Private Limited
14.9. Wipro GE Healthcare Pvt. Ltd.
15. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/26r5gx
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