Global Sleep Apnea Devices market report, size, share, trends and forecast to 2028

According to Stratistics MRC, the Global Sleep Apnea Devices Market is accounted for $10.17 billion in 2022 and is expected to reach $17.16 billion by 2028 growing at a CAGR of 9.1% during the forecast period.

A sleeping disorder known as sleep apnea is characterised by an individual's irregular rhythm of breathing while they are asleep. Untreated sleep apnea causes the brain and the rest of the body to receive insufficient oxygen, which causes people to have irregular breathing while they sleep. Elderly patients and those with illnesses including diabetes, hypertension, cardiovascular ailments, and others are more likely to have this condition. Obstructive sleep apnea (OSA) is the most common type of sleep apnea worldwide, and its prevention requires early diagnosis and the use of treatment devices.

The vast number of sleep apnea patients who are undiagnosed presents a huge market opportunity. With the continuous awareness campaigns and initiatives, it is anticipated that the undiagnosed patient base will receive a sleep apnea diagnosis and treatment. The market is expanding because of the rising popularity of oral appliances and at-home sleep care for the treatment of sleep apnea. A growing number of businesses have entered the sleep apnea market in recent years.

By geography, North America is projected to hold the largest market share during the forecast period owing to changes in lifestyle, rising disposable income, the presence of well-known players, an increase in the number of obese people, an increase in the prevalence of respiratory disorders, increased awareness of OSA, and supportive government measures are some of the main drivers of growth. In North America, some of the major players include ResMed, Somnetics International Inc., and Philips Respironics. These businesses have a significant market presence and reliable supply and distribution networks across North America.

Some of the key players profiled in the Sleep Apnea Devices Market include Fisher & Paykel Healthcare Limited, ResMed, Somnetics International, Inc., Phillips Respironics, Natus Medical Incorporated, SOMNOmedics GmbH, BMC Medical Co., Ltd., Curative Medical, Inc., Compumedics Limited, Invacare Corporation, Itamar Medical Ltd., Nihon Kohden Corporation, Koninklijke Philips N.V., Cadwell Industries, Inc., DeVilbiss Healthcare LLC , Braebon Medical Corporation

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By Types:
• Diagnostic Devices
• Therapeutic Devices

By Distribution Channels:
• Retail Sales
• Direct Tender

By End Users:
• Home Care Settings/Individuals
• Sleep Laboratories
• Diagnostic Centers
• Hospital/Clinics
• Ambulatory Care Centers
• Specialty Care Center

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All the customers of this report will be entitled to receive one of the following free customization options:
● Company Profiling
● Comprehensive profiling of additional market players (up to 3)
● SWOT Analysis of key players (up to 3)
● Regional Segmentation
● Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
● Competitive Benchmarking
● Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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