North America Sleep Apnea Devices Market Size, Share, Development Status, Type and Application, Opportunities, Forecast by 2025

The North America sleep apnea devices market is expected to reach US$ 3,705.8 Mn in 2025 from US$ 2,102.4 Mn in 2017. The market is estimated to grow with a CAGR of 7.6% from 2018-2025.

The growth of the sleep apnea devices market is driven by the factors such as, technological developments and rising geriatric population. However, the market is likely to get impacted due to Absence of patient compliance and economic impact of sleep apnea in the region.

Advancement in the field of biology has equally enhanced the various medical devices such as oral devices and other. Many industry players have come up with innovative types of sleep apnea devices in last few years. For instance, in October 2015, the Whole You, Inc. introduced its new oral appliances for snoring and obstructive sleep apnea and first denture product- NEXTEETH. The NEXTEETH utilizes CAD/CAM technology and combine advanced material for offering an exact fitting and a thinner palatal plate for comfortable wear.

In addition, in April 2017, the ResMed launched World's Smallest CPAP AirMini developed to provide treatment to sleep apnea people. With ResMed's AutoSet, AirMini is presented with built-in humidification system. Moreover, the similar company launched AirTouch F20 full face mask with UltraSoft memory foam mask cushion, which is a game-changer for patients with sleep apnea, in May 2017. The product, AirTouch F20 is compatible with any CPAP that includes AirMini.

Advancement in sleep apnea devices has made the treatment of OSA easy and accurate. These technological advancement are likely to grow the market in near future.

US is expected to lead the market in the North America region owing to high prevalence of sleep apnea and rising awareness about sleep apnea and its risk factors. Moreover, the market growth is also accelerated with increasing importance of sleep testing in adults and pediatric population. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the North America region during the forecast period.

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The List of Companies

RedMed
Koninklijke Philips N.V.
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.
Whole You, Inc.
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North America Sleep Apnea Devices Market: An In-Depth Analysis

Sleep apnea is a serious medical condition characterized by interrupted breathing during sleep. The condition is increasingly being diagnosed in both the United States and Canada, driving the growth of the North American sleep apnea devices market. These devices help in managing sleep apnea by ensuring continuous airflow during sleep, thus preventing interruptions in breathing. The market for sleep apnea devices has experienced significant growth in recent years, driven by a growing awareness of sleep apnea, advancements in technology, and increasing healthcare expenditure in the region.

Overview of Sleep Apnea and its Impact

Sleep apnea affects millions of people globally, with a significant proportion residing in North America. There are different types of sleep apnea, but the two most common are obstructive sleep apnea (OSA) and central sleep apnea (CSA). Obstructive sleep apnea occurs when the muscles in the throat relax excessively during sleep, blocking the airway and disrupting normal breathing. Central sleep apnea, on the other hand, occurs when the brain fails to send appropriate signals to the muscles that control breathing.

The prevalence of sleep apnea is a major concern for healthcare systems due to the associated risks. If left untreated, sleep apnea can lead to severe health issues such as cardiovascular diseases, hypertension, stroke, diabetes, and daytime fatigue. As a result, the demand for effective diagnostic and therapeutic devices has grown in North America.

Key Players and Competitive Landscape
The North American sleep apnea devices market is highly competitive, with several well-established companies leading the industry. These players continuously innovate to maintain their competitive advantage. Some of the major companies in the market include:

ResMed: ResMed is a leading player in the global sleep apnea devices market, known for its high-quality CPAP machines, BiPAP devices, and masks. ResMed's technological innovations, including the AirMini CPAP and AirTouch F20 mask, have positioned it as a dominant player in the market. The company continues to lead in terms of comfort and portability while also expanding its product line to include integrated digital health solutions.

Philips Respironics: Philips Respironics is another key player, offering a range of sleep apnea solutions, including CPAP machines, BiPAP machines, and portable oxygen concentrators. Philips has built a strong brand reputation for its DreamStation line of devices, known for their advanced features and ease of use. The company also focuses on sleep health, offering complementary solutions like sleep diagnostic tools and patient management software.

Fisher & Paykel Healthcare: Fisher & Paykel Healthcare is recognized for its innovative respiratory devices and solutions for sleep apnea. The company's SleepStyle CPAP range features advanced humidification systems and intuitive user interfaces, enhancing the patient experience. Fisher & Paykel Healthcare is committed to expanding its footprint in the North American market through continuous innovation and an emphasis on patient comfort.

Whole You, Inc.: Whole You, Inc. focuses on creating oral appliances for the treatment of snoring and obstructive sleep apnea. The launch of NEXTEETH, a denture-like product, represents a step forward in the customization of oral devices. This innovation, which uses advanced CAD/CAM technology for precise fitting, highlights the company's commitment to improving the user experience and expanding the oral appliance market.

Itamar Medical: Itamar Medical specializes in home sleep apnea testing (HSAT) The company's WatchPAT device is a popular choice for at-home diagnosis of sleep apnea, offering a user-friendly experience with minimal setup. As the demand for home-based diagnostic testing grows, Itamar Medical's position in the market is likely to strengthen, especially as healthcare providers shift toward more convenient testing methods.

Regional Nuances and Market Opportunities
S. vs. Canada: The U.S. is the largest market for sleep apnea devices in North America, driven by a high prevalence of sleep apnea, increasing healthcare spending, and a large geriatric population. However, Canada is experiencing a similar rise in sleep apnea diagnoses due to demographic shifts, making it an attractive market for sleep apnea device manufacturers.

There are some differences between the two regions in terms of healthcare systems. The U.S. healthcare system is more fragmented, with varying insurance coverage, while Canada's universal healthcare system provides more streamlined access to medical devices for sleep apnea treatment. Manufacturers may need to tailor their strategies based on these differences, with a greater emphasis on insurance partnerships in the U.S. and public health collaborations in Canada.

Untapped Segments: The growing elderly population presents an untapped segment in the sleep apnea devices market. Devices designed specifically for the elderly, such as lightweight, easy-to-use CPAP machines or oral appliances, have significant growth potential. Additionally, there is a rising trend in women's health, as women are underdiagnosed for sleep apnea. Creating devices tailored to women's unique anatomy or designing treatments to address gender-specific needs could create new market opportunities.

Moreover, preventative care and awareness programs aimed at younger populations could help in the early detection and treatment of sleep apnea, creating long-term market growth potential.

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