Sleep Apnea Devices Market Analysis to 2025 - RedMed, Koninklijke Philips N.V., Fisher & Paykel, Braebon Medical Corporation, Compumedics Limited, and BMC Medical

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.

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The key players operating in the field of sleep apnea devices are ResMed Inc., Koninklijke Philips N.V., Fisher & Paykel, Braebon Medical Corporation, Compumedics Limited, BMC Medical Co., Ltd., Fisher & Paykel Healthcare Limited, SomnoMed Limited, Weinmann Emergency Medical Technology GmbH + Co. KG, Devilbiss Healthcare LLC and others.

Increasing Prevalence of Sleep Apnea is driving the Market of Sleep Apnea Devices Over the Forecast Period.

Asia Pacific is expected to be the fastest growing market, with China, Japan and India being the largest contributors to the growth of the market. In Asia Pacific, the market is driven by rising prevalence of sleep disorder and key market players focusing on Asia Pacific for tapping new markets and strengthening their geographical presence. In July, 2016, Dehaier Medical Systems entered into a partnership with China Sciences Group to provide its wearable sleep apnea products to provide to the pension and health industry.

Sleep apnea is a disorder resulting into loud snoring, which consists of three types namely obstructive sleep apnea, central sleep apnea and complex sleep apnea syndrome. The symptoms of sleep apnea are loud snoring, variations in breathing, awaking in between of sleep, lack of attention, excess of daytime sleep, irritability and lack of sleep during night. Nasal congestion, over-weight, being older, circumference of neck, narrowed airway, habit of constant smoking and drinking, family history are various risk factors for sleep apnea.

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The report segments the global Sleep Apnea Devices market as follows:

Global Sleep Apnea Devices Market - By Diagnostic Device

Polysomnography Devices
Respiratory Polygraphs
Actigraphy Systems
Single-Channel Screening (Oximeters) Devices

Global Sleep Apnea Devices Market - By Therapeutic Device
Facial Interfaces
Adaptive Servo-Ventilation Instruments (ASV)
Positive Airway Pressure (PAP) Devices
Oxygen Concentrators
Airway Clearance Systems
Oral Appliances
Accessories

Global Sleep Apnea Devices Market - By End-User
Home Healthcare
Sleep Laboratories & Hospitals

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