Sleep Apnea Devices Market is Expected to Reach $8.0 billion | ResMed (US), Koninklijke Philips N.V. (Netherlands), and Fisher & Paykel Healthcare (New Zealand)

Sleep Apnea Devices market in terms of revenue was estimated to be worth $5.8 billion in 2023 and is poised to reach $8.0 billion by 2028, growing at a CAGR of 6.5% from 2023 to 2028 according to a latest report published by MarketsandMarkets™. The growth of this market is majorly driven by large pool of undiagnosed sleep apnea patients and growing usage of oral appliances. However, presence of complex referral pathways, long waiting periods, and product recalls may restrain the market growth.

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Sleep Apnea Devices market major players covered in the report, such as:

ResMed (US)
Koninklijke Philips N.V. (Netherlands)
Fisher & Paykel Healthcare (New Zealand)
Inspire Medical Systems Inc. (US)
SomnoMed (Australia)
Oventus Medical (Australia)
Compumedics (Australia)
Löwenstein Medical Technology GmbH + Co. K.G. (Germany)
Drive DeVilbiss Healthcare (US)
BMC Medical Co. (China)
BRAEBON Medical Corporation (Canada)
Whole You Inc. (US)
Panthera Dental (Canada)
Myerson LLC (US)
ProSomnus Sleep Technologies (US)
Nidek Medical India (India)
Tomed GmbH (Germany)
LivaNova (UK)
Invacare Corporation (US)
MPowrx Health & Wellness (Canada)
Nihon Kohden (Japan)
Natus Medical Incorporated (US)
Vivos Therapeutics Inc. (US)
Airway Management (US)
Apnea Sciences (US)
and Among Others

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This research report categorizes the Sleep apnea devices market into the following segments and subsegments:

Regional Split

North America
Europe
Asia Pacific
Rest of the World
Product Split

Therapeutic devices
Diagnostic devices
End-user Split

Sleep Laboratories, Clinics & Hospitals
Home Care Settings/Individuals

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The key stakeholders in the Sleep Apnea Devices market include:

Senior Management
End User
Finance/Procurement Department
R&D Department
Frequently Asked Questions (FAQs) of Sleep Apnea Devices Market:

Q1. What is the total market value of Sleep Apnea Devices Market report?

Q2. Which are the top companies holding the market share in Sleep Apnea Devices Market?

Q3. Which are the largest regions for this Market?

Q4. What is the leading technology of Sleep Apnea Devices Market?

Q5. What are the major drivers for this specific Market?

Q6. What are the upcoming key trends in the Sleep Apnea Devices Market report?

Recent Developments:

In 2022, Fisher & Paykel Healthcare (New Zealand) launched Evora Full, a compact full-face mask for obstructive sleep apnea (OSA) treatment in US.

In 2021, ResMed (US) acquired MEDIFOX DAN (Germany) the German-based clinical, financial, and operational solutions provider to drive leadership in out-of-hospital software solutions for USD 1 Billion

In 2021, Oventus (Australia) signed a partnership with Aeroflow Healthcare (US). The partnership focuses on providing Oventus' OSA treatment solutions, including O2Vent Optima, directly to consumers via sleep clinics in the US.

In 2020, Koninklijke Philips N.V. (Netherlands) launched the DreamWear Silicone Pillows in North America. These pillows use 3D facial scan data to fit diverse populations.

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