North American Sleep Apnea Devices Market Size, Share, Trends Analysis and Forecast 2019 - 2025

The North American sleep apnea devices market is estimated to grow at a CAGR of 6.2% during the forecast period. The growth of the sleep apnea devices market in North America is attributed to the well-established healthcare infrastructure, rise in awareness among people, and an increase in the prevalence of sleep disorders. As per the World Bank, the aging population of the US was around 52.3 million and Canada was around 6 million in 2018. The geriatric population is more prone to sleep apnea devices. In addition, the presence of major market players, especially in the US including ResMed Inc., Somnetics International, Inc., and others further supports the growth of the sleep apnea devices market in the region during the forecast period.

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Some of the players operating in the North American sleep apnea devices market include Somnarus Inc., Somnetics International, Inc., Invacare Corp., AG Industries Ltd., ResMed Inc., and others.

The market is segmented on the basis of type into CPAP, sleep apnea machine masks, humidifiers, and others. These players are bringing new products into the market to treat various sleep disorders.

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In January 2018, Resmed introduced Mobi which is a portable oxygen concentrator (POC). In May 2017, Resmed launched AirTouch F20 full face mask with UltraSoft memory for comfortable therapy of the patients. In January 2017, the company received FDA approval for AirMini, one of the smallest CPAP machines. In addition, in June 2017, Somnarus, Inc. introduced a new disposable, wearable patch for the effective detection of sleep apnea and other related diseases. The development of novel drugs for the treatment of sleep apnea enables the company to generate revenue and growth of the company.

Market Segmentation

North American Sleep Apnea Devices Market by Type

o CPAP
o Sleep Apnea Machine Mask
o Humidifiers
o Others

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