Sleep Apnea Devices Market with (Covid-19) Impact Analysis: Growth Latest Trend Analysis and Forecast 2025

The sleep apnea devices market was valued at US$ 4,033.0 million in 2016 and it is projected to reach US$ 8,305.3 million in 2025; it is expected to grow at a CAGR of 7.9% from 2016 to 2025.

Based on therapeutic devices, the global 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. The positive airway pressure segment held the largest market share in 2017, and the same segment is estimated to register the highest CAGR during the forecast period. Rising easy usage and handy nature offer lucrative opportunities for the growth of positive airway pressure segment.

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Braebon Medical Corporation, Compumedics Limited, BMC Medical Co., Ltd, Fisher & Paykel Healthcare Limited, ResMed, SomnoMed Limited, Weinmann Emergency Medical Technology, Devilbiss Healthcare LLC., Koninklijke Philips N.V. and Whole You, Inc. are among the leading companies operating in the global sleep apnea devices market.

The global sleep apnea devices market is impacted by the pandemic. The COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The COVID-19 crisis has overburdened public health systems in many countries and highlighted the strong need for sustainable investment in health systems. As the COVID-19 pandemic progresses, the healthcare industry is expected to see a drop in growth. The medical technologies and imaging segment is witnessing drop in sales due to a smaller number of surgeries being carried out and delayed or prolonged equipment procurement. Additionally, virtual consultations by healthcare professionals are expected to become the mainstream care delivery model post-pandemic. With telehealth transforming care delivery, digital health will continue to thrive in coming years. In addition, disrupted clinical trials and the subsequent delay in drug launches is also expected to pave the way for entirely virtual trials in the future. New technologies such as mRNA is expected to emerge and shift the pharmaceutical industry and market is also expected to witness more vertical integration and joint ventures in coming years.

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The report segments global sleep apnea devices market as follows:

By Diagnostic Devices
• Polysomnography Devices
• Respiratory Polygraphs
• Actigraphy systems
• Oximeters

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

By End User
• Home Healthcare
• Sleep Laboratories and Hospitals

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