Global Sleep Apnea Therapeutic & Diagnostic Devices Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)
The global sleep apnea device market is expected to record a value of US$9.29 billion in 2024, growing at a CAGR of 7.94%, for the duration spanning 2020-2024. The factors such as expansion of medical devices, rising prevalence of obstructive sleep apnea (OSA), growth in the geriatric population, increasing medical technology R&D spending and rise in obesity would drive the growth of the market. However, the market growth would be challenged by high cost of CPAP, side effects associated with CPAP and stringent regulations. A few notable trends may include, rising investment in Artificial Intelligence (AI) startups, increasing focus on Telehealth, development of Hypoglossal Nerve Stimulation (HNS) and rising adoption of actigraphy diagnostic devices.
The global sleep apnea market has emerged out as very strong because of the rising number of sleep apnea cases across the world. The market is covered with a wide range of diagnostic as well as therapeutic devices. Positive Airway Pressure (PAP) devices are the widely used therapeutic method in the sleep apnea space because of the highly effective results. Rising awareness about sleep apnea and related comorbidities among people is playing a significant role in persuading people to undergo diagnosis as well as treatment therapies.
The fastest growing regional market was North America with the highest incidence of obstructive sleep apnea cases. The U.S. has accounted for the highest share in the North America market due to the technological advances in mask designs, improved designs of CPAP and enhanced support services for PAP. Further, Europe has also evolved out as a prominent market with the increased pool of untreated sleep apnea patients. Both the regions have considerable growth potentials that would help in the expansion of the global sleep apnea market in coming years.
Scope of the report:
The global sleep apnea market has emerged out as very strong because of the rising number of sleep apnea cases across the world. The market is covered with a wide range of diagnostic as well as therapeutic devices. Positive Airway Pressure (PAP) devices are the widely used therapeutic method in the sleep apnea space because of the highly effective results. Rising awareness about sleep apnea and related comorbidities among people is playing a significant role in persuading people to undergo diagnosis as well as treatment therapies.
The fastest growing regional market was North America with the highest incidence of obstructive sleep apnea cases. The U.S. has accounted for the highest share in the North America market due to the technological advances in mask designs, improved designs of CPAP and enhanced support services for PAP. Further, Europe has also evolved out as a prominent market with the increased pool of untreated sleep apnea patients. Both the regions have considerable growth potentials that would help in the expansion of the global sleep apnea market in coming years.
Scope of the report:
- The report provides a comprehensive analysis of the global sleep apnea therapeutic & diagnostic devices market.
- The major regional markets (North America, Europe, Asia-Pacific and ROW), along with the country coverage of the U.S., Germany and the U.K. have been analyzed.
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
- The competitive landscape of the market, along with the company profiles of leading players (Koninklijke Philips, ResMed, Invacare Corporation, Fisher & Paykel, Somnomed Ltd. and BMC Medical) are also presented in detail.
- Sleep Apnea Devices Manufacturers
- Medical Technology & Artificial Intelligence Firms
- End Users (Hospitals, Sleeping Centers, Clinics, Testing Labs)
- Investment Banks
- Healthcare and Medical Consultants
- Government Bodies & Regulating Authorities
1. OVERVIEW
1.1 Introduction
1.2 Risk Factors For Sleep Apnea
1.3 Types of Sleep Apnea
1.4 Diagnosis and Treatment of Sleep Apnea
1.5 Sleep Apnea Devices
1.6 Continuous Positive Airway Pressure (CPAP)
2. IMPACT OF COVID-19
2.1 Rise in Number of COVID-19 Cases
2.2 Growth in Government Spending on Healthcare
2.3 Acceleration in Healthcare Internet of Thing (IoT)
2.4 Regional Impact
3.GLOBAL MARKET ANALYSIS
3.1 Global Sleep Apnea Device Market by Value
3.2 Global Sleep Apnea Device Market Forecast by Value
3.3 Global Sleep Apnea Device Market by Type
3.3.1 Global Therapeutic Sleep Apnea Device Market by Value
3.3.2 Global Therapeutic Sleep Apnea Device Market Forecast by Value
3.3.3 Global Diagnostic Sleep Apnea Device Market by Value
3.3.4 Global Diagnostic Sleep Apnea Device Market Forecast by Value
3.3.5 Global Diagnostic Sleep Apnea Device Market by Device Type
3.3.6 Global Polysomnography (PSG) device Market Forecast by Value
3.4 Global Sleep Apnea Device Market by Region
4. REGIONAL MARKET ANALYSIS
4.1 North America
4.1.1 North America Sleep Apnea Device Market by Value
4.1.2 North America Sleep Apnea Device Market Forecast by Value
4.1.3 North America Sleep Apnea Device Market by Region
4.1.4 The U.S. Sleep Apnea Device Market by Value
4.1.5 The U.S. Sleep Apnea Device Market Forecast by Value
4.1.6 The U.S. Sleep Apnea Device Market by Product Type
4.1.7 The U.S. Therapeutic Sleep Apnea Device Market by Value
4.1.8 The U.S. Therapeutic Sleep Apnea Device Market Forecast by Value
4.1.9 The U.S. Diagnostic Sleep Apnea Device Market by Value
4.1.10 The U.S. Diagnostic Sleep Apnea Device Market Forecast by Value
4.2 Europe
4.2.1 Europe Sleep Apnea Device Market by Value
4.2.2 Europe Sleep Apnea Device Market Forecast by Value
4.2.3 Europe Sleep Apnea Device Market by Region
4.2.4 Germany Sleep Apnea Device Market by Value
4.2.5 Germany Sleep Apnea Device Market Forecast by Value
4.2.6 Germany Sleep Apnea Device Market by Product Type
4.2.7 Germany Therapeutic Sleep Apnea Device Market by Value
4.2.8 Germany Therapeutic Sleep Apnea Device Market Forecast by Value
4.2.9 Germany Diagnostic Sleep Apnea Device Market by Value
4.2.10 Germany Diagnostic Sleep Apnea Device Market Forecast by Value
4.2.11 The U.K. Sleep Apnea Device Market by Value
4.2.12 The U.K. Sleep Apnea Device Market Forecast by Value
4.3 Asia-Pacific
4.3.1 Asia-Pacific Sleep Apnea Device Market by Value
4.3.2 Asia-Pacific Sleep Apnea Device Market Forecast by Value
4.4 ROW
4.4.1 ROW Sleep Apnea Device Market by Value
4.4.2 ROW Sleep Apnea Device Market Forecast by Value
5. MARKET DYNAMICS
5.1 Growth Drivers
5.1.1 Expansion of Medical Device
5.1.2 Rising Prevalence of Obstructive Sleep Apnea (OSA)
5.1.3 Growth in Geriatric Population
5.1.4 Increasing Medical Technology R&D Spending
5.1.5 Rise in Obesity
5.1.6 Rapid Urbanization
5.1.7 Upsurge in Healthcare Expenditures
5.1.8 Growing Awareness about Sleep Apnea and Related Comorbidities
5.2 Key Trends and Developments
5.2.1 Rising Investment in Artificial Intelligence (AI) Startups
5.2.2 Increasing Focus on Telehealth
5.2.3 Development of Hypoglossal Nerve Stimulation (HNS)
5.2.4 Rising Adoption of Actigraphy Diagnostic Devices
5.3 Challenges
5.3.1 High Cost of Continuous Positive Airway Pressure (CPAP) Machines
5.3.2 Side Effects Associated with CPAP Therapy
5.3.3 Stringent Government Regulations
6. COMPETITIVE LANDSCAPE
6.1 Global Market
6.1.1 Key Players – Revenue Comparison
6.1.2 Key Players – R&D Expenditure Comparison
6.1.3 Key Players – Market Capitalization Comparison
6.1.4 Key Players – Sleep Apnea Product Portfolio
7. COMPANY PROFILES
7.1 Koninklijke Philips
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategies
7.2 ResMed
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategies
7.3 Invacare Corporation
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategies
7.4 Fisher & Paykel
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategies
7.5 Somnomed Ltd.
7.5.1 Business Overview
7.5.2 Financial Overview
7.5.3 Business Strategies
7.6 BMC Medical
7.6.1 Business Overview
7.6.2 Business Strategies
1.1 Introduction
1.2 Risk Factors For Sleep Apnea
1.3 Types of Sleep Apnea
1.4 Diagnosis and Treatment of Sleep Apnea
1.5 Sleep Apnea Devices
1.6 Continuous Positive Airway Pressure (CPAP)
2. IMPACT OF COVID-19
2.1 Rise in Number of COVID-19 Cases
2.2 Growth in Government Spending on Healthcare
2.3 Acceleration in Healthcare Internet of Thing (IoT)
2.4 Regional Impact
3.GLOBAL MARKET ANALYSIS
3.1 Global Sleep Apnea Device Market by Value
3.2 Global Sleep Apnea Device Market Forecast by Value
3.3 Global Sleep Apnea Device Market by Type
3.3.1 Global Therapeutic Sleep Apnea Device Market by Value
3.3.2 Global Therapeutic Sleep Apnea Device Market Forecast by Value
3.3.3 Global Diagnostic Sleep Apnea Device Market by Value
3.3.4 Global Diagnostic Sleep Apnea Device Market Forecast by Value
3.3.5 Global Diagnostic Sleep Apnea Device Market by Device Type
3.3.6 Global Polysomnography (PSG) device Market Forecast by Value
3.4 Global Sleep Apnea Device Market by Region
4. REGIONAL MARKET ANALYSIS
4.1 North America
4.1.1 North America Sleep Apnea Device Market by Value
4.1.2 North America Sleep Apnea Device Market Forecast by Value
4.1.3 North America Sleep Apnea Device Market by Region
4.1.4 The U.S. Sleep Apnea Device Market by Value
4.1.5 The U.S. Sleep Apnea Device Market Forecast by Value
4.1.6 The U.S. Sleep Apnea Device Market by Product Type
4.1.7 The U.S. Therapeutic Sleep Apnea Device Market by Value
4.1.8 The U.S. Therapeutic Sleep Apnea Device Market Forecast by Value
4.1.9 The U.S. Diagnostic Sleep Apnea Device Market by Value
4.1.10 The U.S. Diagnostic Sleep Apnea Device Market Forecast by Value
4.2 Europe
4.2.1 Europe Sleep Apnea Device Market by Value
4.2.2 Europe Sleep Apnea Device Market Forecast by Value
4.2.3 Europe Sleep Apnea Device Market by Region
4.2.4 Germany Sleep Apnea Device Market by Value
4.2.5 Germany Sleep Apnea Device Market Forecast by Value
4.2.6 Germany Sleep Apnea Device Market by Product Type
4.2.7 Germany Therapeutic Sleep Apnea Device Market by Value
4.2.8 Germany Therapeutic Sleep Apnea Device Market Forecast by Value
4.2.9 Germany Diagnostic Sleep Apnea Device Market by Value
4.2.10 Germany Diagnostic Sleep Apnea Device Market Forecast by Value
4.2.11 The U.K. Sleep Apnea Device Market by Value
4.2.12 The U.K. Sleep Apnea Device Market Forecast by Value
4.3 Asia-Pacific
4.3.1 Asia-Pacific Sleep Apnea Device Market by Value
4.3.2 Asia-Pacific Sleep Apnea Device Market Forecast by Value
4.4 ROW
4.4.1 ROW Sleep Apnea Device Market by Value
4.4.2 ROW Sleep Apnea Device Market Forecast by Value
5. MARKET DYNAMICS
5.1 Growth Drivers
5.1.1 Expansion of Medical Device
5.1.2 Rising Prevalence of Obstructive Sleep Apnea (OSA)
5.1.3 Growth in Geriatric Population
5.1.4 Increasing Medical Technology R&D Spending
5.1.5 Rise in Obesity
5.1.6 Rapid Urbanization
5.1.7 Upsurge in Healthcare Expenditures
5.1.8 Growing Awareness about Sleep Apnea and Related Comorbidities
5.2 Key Trends and Developments
5.2.1 Rising Investment in Artificial Intelligence (AI) Startups
5.2.2 Increasing Focus on Telehealth
5.2.3 Development of Hypoglossal Nerve Stimulation (HNS)
5.2.4 Rising Adoption of Actigraphy Diagnostic Devices
5.3 Challenges
5.3.1 High Cost of Continuous Positive Airway Pressure (CPAP) Machines
5.3.2 Side Effects Associated with CPAP Therapy
5.3.3 Stringent Government Regulations
6. COMPETITIVE LANDSCAPE
6.1 Global Market
6.1.1 Key Players – Revenue Comparison
6.1.2 Key Players – R&D Expenditure Comparison
6.1.3 Key Players – Market Capitalization Comparison
6.1.4 Key Players – Sleep Apnea Product Portfolio
7. COMPANY PROFILES
7.1 Koninklijke Philips
7.1.1 Business Overview
7.1.2 Financial Overview
7.1.3 Business Strategies
7.2 ResMed
7.2.1 Business Overview
7.2.2 Financial Overview
7.2.3 Business Strategies
7.3 Invacare Corporation
7.3.1 Business Overview
7.3.2 Financial Overview
7.3.3 Business Strategies
7.4 Fisher & Paykel
7.4.1 Business Overview
7.4.2 Financial Overview
7.4.3 Business Strategies
7.5 Somnomed Ltd.
7.5.1 Business Overview
7.5.2 Financial Overview
7.5.3 Business Strategies
7.6 BMC Medical
7.6.1 Business Overview
7.6.2 Business Strategies
LIST OF FIGURES
Potential Etiological Risk Factors for Sleep Apnea
Types of Sleep Apnea
Sleep Apnea Devices
The U.S. Government Share of Healthcare Spending (2020-2027)
Global Healthcare IoT Device Installation Forecast (2017-2021)
Global Sleep Apnea Device Market by Value (2015-2019)
Global Sleep Apnea Device Market Forecast by Value (2020-2024)
Global Sleep Apnea Device Market by Type (2019)
Global Therapeutic Sleep Apnea Device Market by Value (2015-2019)
Global Therapeutic Sleep Apnea Device Market Forecast by Value (2020-2024)
Global Diagnostic Sleep Apnea Device Market by Value (2015-2019)
Global Diagnostic Sleep Apnea Device Market Forecast by Value (2020-2024)
Global Diagnostic Sleep Apnea Device Market by Device Type (2019)
Global Polysomnography (PSG) device Market Forecast by Value (2019-2024)
Global Sleep Apnea Device Market by Region (2019)
North America Sleep Apnea Device Market by Value (2015-2019)
North America Sleep Apnea Device Market Forecast by Value (2020-2024)
North America Sleep Apnea Device Market by Region (2019)
The U.S. Sleep Apnea Device Market by Value (2015-2019)
The U.S. Sleep Apnea Device Market Forecast by Value (2020-2024)
The U.S. Sleep Apnea Device Market by Product Type (2019)
The U.S. Therapeutic Sleep Apnea Device Market by Value (2015-2019)
The U.S. Therapeutic Sleep Apnea Device Market Forecast by Value (2020-2024)
The U.S. Diagnostic Sleep Apnea Device Market by Value (2015-2019)
The U.S. Diagnostic Sleep Apnea Device Market Forecast by Value (2020-2024)
Europe Sleep Apnea Device Market by Value (2015-2019)
Europe Sleep Apnea Device Market Forecast by Value (2020-2024)
Europe Sleep Apnea Device Market by Region (2019)
Germany Sleep Apnea Device Market by Value (2015-2019)
Germany Sleep Apnea Device Market Forecast by Value (2020-2024)
Germany Sleep Apnea Device Market by Product Type (2019)
Germany Therapeutic Sleep Apnea Device Market by Value (2015-2019)
Germany Therapeutic Sleep Apnea Device Market Forecast by Value (2020-2024)
Germany Diagnostic Sleep Apnea Device Market by Value (2015-2019)
Germany Diagnostic Sleep Apnea Device Market Forecast by Value(2020-2024)
The U.K. Sleep Apnea Device Market by Value (2015-2019)
The U.K. Sleep Apnea Device Market Forecast by Value (2020-2024)
Asia-Pacific Sleep Apnea Device Market by Value (2015-2019)
Asia-Pacific Sleep Apnea Device Market Forecast by Value (2020-2024)
ROW Sleep Apnea Device Market by Value (2015-2019)
ROW Sleep Apnea Device Market Forecast by Value (2020-2024)
Global Medical Device Market (2019-2024)
Obstructive Sleep Apnea Population by Top 10 Countries (2019)
Global Geriatric Population – Age 65 and Above (2015-2019)
Global Medical Technology R&D Spending (2015-2019)
Shares of Obese Population by Major Countries (2000-2030)
Global Urban Population (2015-2019)
Global Healthcare Expenditure Per Capita (2015-2019)
Global Artificial Intelligence (AI) Startup Funding (2015-2019)
Global Telehealth Patient Population (2015-2019)
Koninklijke Philips Sales and Net Income (2015-2019)
Koninklijke Philips Sales by Segments (2019)
Koninklijke Philips Sales by Regions (2019)
ResMed Net Revenue and Net Income (2015-2019)
ResMed Net Revenue by Segments (2019)
ResMed Net Revenue by Regions (2019)
Invacare Corporation Net Sales and Net Loss (2015-2019)
Invacare Corporation Net Sales by regions (2019)
Fisher & Paykel Revenue and Profit (2015-2019)
Fisher & Paykel Revenue by Business Units (2019)
Fisher & Paykel Revenue by Regions (2019)
Somnomed Ltd. Revenue and Net Loss (Profit) (2015-2019)
Somnomed Ltd. Revenue by Regions (2019)
Potential Etiological Risk Factors for Sleep Apnea
Types of Sleep Apnea
Sleep Apnea Devices
The U.S. Government Share of Healthcare Spending (2020-2027)
Global Healthcare IoT Device Installation Forecast (2017-2021)
Global Sleep Apnea Device Market by Value (2015-2019)
Global Sleep Apnea Device Market Forecast by Value (2020-2024)
Global Sleep Apnea Device Market by Type (2019)
Global Therapeutic Sleep Apnea Device Market by Value (2015-2019)
Global Therapeutic Sleep Apnea Device Market Forecast by Value (2020-2024)
Global Diagnostic Sleep Apnea Device Market by Value (2015-2019)
Global Diagnostic Sleep Apnea Device Market Forecast by Value (2020-2024)
Global Diagnostic Sleep Apnea Device Market by Device Type (2019)
Global Polysomnography (PSG) device Market Forecast by Value (2019-2024)
Global Sleep Apnea Device Market by Region (2019)
North America Sleep Apnea Device Market by Value (2015-2019)
North America Sleep Apnea Device Market Forecast by Value (2020-2024)
North America Sleep Apnea Device Market by Region (2019)
The U.S. Sleep Apnea Device Market by Value (2015-2019)
The U.S. Sleep Apnea Device Market Forecast by Value (2020-2024)
The U.S. Sleep Apnea Device Market by Product Type (2019)
The U.S. Therapeutic Sleep Apnea Device Market by Value (2015-2019)
The U.S. Therapeutic Sleep Apnea Device Market Forecast by Value (2020-2024)
The U.S. Diagnostic Sleep Apnea Device Market by Value (2015-2019)
The U.S. Diagnostic Sleep Apnea Device Market Forecast by Value (2020-2024)
Europe Sleep Apnea Device Market by Value (2015-2019)
Europe Sleep Apnea Device Market Forecast by Value (2020-2024)
Europe Sleep Apnea Device Market by Region (2019)
Germany Sleep Apnea Device Market by Value (2015-2019)
Germany Sleep Apnea Device Market Forecast by Value (2020-2024)
Germany Sleep Apnea Device Market by Product Type (2019)
Germany Therapeutic Sleep Apnea Device Market by Value (2015-2019)
Germany Therapeutic Sleep Apnea Device Market Forecast by Value (2020-2024)
Germany Diagnostic Sleep Apnea Device Market by Value (2015-2019)
Germany Diagnostic Sleep Apnea Device Market Forecast by Value(2020-2024)
The U.K. Sleep Apnea Device Market by Value (2015-2019)
The U.K. Sleep Apnea Device Market Forecast by Value (2020-2024)
Asia-Pacific Sleep Apnea Device Market by Value (2015-2019)
Asia-Pacific Sleep Apnea Device Market Forecast by Value (2020-2024)
ROW Sleep Apnea Device Market by Value (2015-2019)
ROW Sleep Apnea Device Market Forecast by Value (2020-2024)
Global Medical Device Market (2019-2024)
Obstructive Sleep Apnea Population by Top 10 Countries (2019)
Global Geriatric Population – Age 65 and Above (2015-2019)
Global Medical Technology R&D Spending (2015-2019)
Shares of Obese Population by Major Countries (2000-2030)
Global Urban Population (2015-2019)
Global Healthcare Expenditure Per Capita (2015-2019)
Global Artificial Intelligence (AI) Startup Funding (2015-2019)
Global Telehealth Patient Population (2015-2019)
Koninklijke Philips Sales and Net Income (2015-2019)
Koninklijke Philips Sales by Segments (2019)
Koninklijke Philips Sales by Regions (2019)
ResMed Net Revenue and Net Income (2015-2019)
ResMed Net Revenue by Segments (2019)
ResMed Net Revenue by Regions (2019)
Invacare Corporation Net Sales and Net Loss (2015-2019)
Invacare Corporation Net Sales by regions (2019)
Fisher & Paykel Revenue and Profit (2015-2019)
Fisher & Paykel Revenue by Business Units (2019)
Fisher & Paykel Revenue by Regions (2019)
Somnomed Ltd. Revenue and Net Loss (Profit) (2015-2019)
Somnomed Ltd. Revenue by Regions (2019)
LIST OF TABLES
Global COVID-19 Cases by Income Group
Key Players – Revenue Comparison (2019)
Key Players – R&D Expenditure Comparison (2019)
Key Players – Market Capitalization Comparison (2020)
Key Players – Sleep Apnea Product Portfolio
Global COVID-19 Cases by Income Group
Key Players – Revenue Comparison (2019)
Key Players – R&D Expenditure Comparison (2019)
Key Players – Market Capitalization Comparison (2020)
Key Players – Sleep Apnea Product Portfolio
