Sleep Apnea Devices Market: Top Companies, Investment Trend, Growth & Innovation Trends 2026
- amaramurray21
- Jul 21, 2021
- 4 min read
According to the latest report by IMARC Group, titled “Sleep Apnea Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global sleep apnea devices market exhibited moderate growth during 2015-2020. Looking forward, the global sleep apnea devices market is expected to grow at a CAGR of around 6% during the forecast period (2021-2026).
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Sleep apnea is a sleeping disorder in which the airflow to the lungs is blocked while sleeping due to muscle relaxation around the tongue and throat. It is characterized by irregular breathing, leading to an insufficient supply of oxygen to the brain. Sleep apnea devices are used for managing these sleep disorders and help the patient breathe easily. They promote a steady flow of oxygen and support the airway, which facilitates normal breathing. Sleep apnea can also be treated with the use of positive airway pressure machines that are used with breathing masks. These masks supply pressurized air that continuously flows into the throat, preventing the airway from collapsing. Nowadays, oral appliances worn in the mouth are also used as an effective first-line treatment for sleep apnea. These appliances hold the lower jaw forward, which keeps the airway open while preventing the tongue and muscle from interrupting the airflow.
Global Sleep Apnea Devices Market Trends:
The global sleep apnea market is primarily driven by the increasing number of patients suffering from obstructive sleep apnea disorder (OSA), central sleep apnea, and complex sleep apnea syndrome. The rising awareness regarding the ill effects of untreated sleep apnea is also propelling the market growth. Besides this, the increasing prevalence of obesity, hypertension, and other comorbidities due to rapid urbanization and changing lifestyles has resulted in a significant increase in people affected by sleep apnea. The use of sleep apnea devices further reduces the amplification of cardiac diseases, diabetes, and metabolic symptoms. Furthermore, the rise in the geriatric population and increase in life expectancy is positively influencing the adoption of these devices as the elderly are more susceptible to developing sleep apnea. Moreover, technological advancements have enabled market players to launch miniaturized devices at affordable prices. On account of these factors, the market is expected to grow at a CAGR of around 6% during the forecast period (2021-2026).
Market Summary:
Based on the product type, the market has been segmented into therapeutic devices (PAP, oral and nasal devices, chin straps, and others) and diagnostic devices (Actigraphs, polysomnography, and sleep screening and other devices).
On the basis of the end user, the market has been classified into hospitals and clinics, sleep laboratories, homecare settings, and others.
Region-wise, the market has been divided into North America (the United States and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, Argentina, Columbia, Chile, Peru and others), and Middle East and Africa (Turkey, Saudi Arabia, Iran, the United Arab Emirates and others).
The competitive landscape of the market has been examined, with some of the key players being BMC Medical Co., Braebon Medical Corporation, Cadwell Laboratories, CareFusion Corp., Curative Medical Inc., Devilbiss Healthcare LLC, Fisher & Paykel Healthcare Corporation Limited, GE Healthcare, Invacare Corporation, Oventus Medical Ltd., Panthera Dental, ResMed, Somnomed Ltd., Vyaire Medical Inc. and Whole You Inc.
Sleep Apnea Devices Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the global sleep apnea devices market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
BMC Medical Co.
Braebon Medical Corporation
Cadwell Laboratories Inc.
CareFusion Corp.
Curative Medical Inc.
Devilbiss Healthcare
Fisher & Paykel Healthcare
GE Healthcare
Invacare
Oventus Medical
Panthera Dental
ResMed
Somnomed Ltd.
Vyaire Medical Inc.
Whole You Inc.
Key Market Segmentation:
The report has segmented the global sleep apnea devices market on the basis of product type, end-user and region.
Breakup by Product Type:
Therapeutic Devices
Diagnostic Devices
Breakup by End-User:
Hospitals and Clinics
Sleep Laboratories
Homecare Settings
Others
Breakup by Region:
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/sleep-apnea-devices-market
Key highlights of the report:
Market Performance (2015-2020)
Market Outlook (2021-2026)
Industry Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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