Press release
Sleep Apnea Devices Market - Estimated to grow at a CAGR of 7.9% during the forecast period from 2018 to 2025
The Insight Partners
In our study, we have segmented the sleep apnea devices market by diagnostics devices, therapeutic devices and end-users. Based on diagnostic devices, global sleep apnea devices market is segmented as polysomnography devices, respiratory polygraphs, actigraphy systems and single-channel screening devices. The polysomnography devices segment has the largest market share among the type segment. Based on therapeutic devices, the sleep apnea devices market is segmented into facial interfaces, Adaptive Servo-Ventilation Instruments (ASV), Positive Airway Pressure (PAP) Devices, oxygen concentrators, airway clearance systems, oral appliances and accessories.
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Positive Airway Pressure (PAP) Devices has the largest market share among the therapeutic device segment. Based on end user, the global sleep apnea devices market is segmented into hospitals and home. The hospital segment has the largest market share among the end user segment. Geographically, the market for sleep apnea devices is segmented into North America, Europe, Asia Pacific (APC), Middle East and Africa (MEA) and South and Central America (S&CAM).
The sleep apnea devices market is estimated to grow at a CAGR of 7.9% during the forecast period from 2018 to 2025. The market for sleep apnea devices is estimated to reach US$ 8,305.3 Mn in 2025. The market for sleep apnea devices is witnessing a potential growth rate during the previous years and is expected to witness similar trend in the coming years. Additionally, major players in the market are engaged in research and development activities. Various players have been upgrading their product portfolio by applying for approvals. In May, 2017, ResMed launched soft CPAP Mask. With expansion activities, companies are focusing towards strengthening their customer base by providing services to varied applications. For instance, in May, 2014, SomnoMed Ltd. expanded its business in Portugal and Spain.
List of Companies:
1. RedMed
2. Koninklijke Philips N.V.
3. Fisher & Paykel
4. Braebon Medical Corporation
5. Compumedics Limited
6. BMC Medical Co., Ltd.
7. Fisher & Paykel Healthcare Limited.
8. SomnoMed Limited
9. Weinmann Emergency Medical Technology GmbH + CO. KG
10. Devilbiss Healthcare LLC
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About The Insight Partners:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
Contact Us:
Email: sales@theinsightpartners.com
Organization: The Insight Partners
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