Sleep Apnea Devices Market to Grow at 7.6% CAGR from 2020 – 2027

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Sleep Apnea Devices Market
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Sleep Apnea Devices Market

• According to the latest report by Renub Research,
  titled Sleep Apnea Devices Market, Global
  Forecast, Impact of COVID-19, Industry Trends by
  Device Type, Opportunity Company Overview,
  Revenue the Sleep Apnea Devices Market is
  expected to reach US 8.7 Billion by 2027. Sleep
  apnea is a disorder distinguished by rhythmic and
  repetitive obstruction of the upper airway
  provoking pharyngeal collapse. During sleep apnea
  disorder, breathing is repeatedly interrupted
  during sleep these breathing pauses typically
  last between 10 to 20 seconds and happen from 5
  to over 100 times per hour. There are three main
  characters of sleep apnea obstructive sleep
  apnea, central sleep apnea, and complex sleep
  apnea syndrome. Sleep apnea therapy aims to open
  the airway and breathe better at night. Many
  devices help that happen.
• Key Market Trends
• The expanding prevalence of (OSA) obstructive
  sleep apnea disorder, complex sleep apnea
  syndrome and central sleep apnea are among the
  key factors driving the growth of the Sleep apnea
  device industry. Such conditions are highly
  prevalent among the geriatric and population
  suffering from

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• other ailments, such as hypertension and
  cardiovascular diseases (CVDs) and diabetes,
  facilitating product adoption across developed
  and emerging nations.
• According to Respirology, 1 billion of the
  world's population of 7.3 billion people, between
  the ages of 30 and 69 years, has the most common
  Type of sleep-disordered breathing, obstructive
  sleep apnoea (OSA).
• As a result of rising life anticipation, the
  growing geriatric population increases the
  prevalence of sleep disease. With the development
  of the geriatric population, the usage of Sleep
  apnea devices will increase, as the senior
  population is more prone to sleep apnea devices.
• As per WHO (World Health Organization), in 2018,
  the world's population of people aged 60 and
  above will reach 2.0 billion by 2050.
• In 2021, the FDA announces the approval of a
  prescription tongue muscle stimulation device
  that claims to defeat mild obstructive sleep
  apnea (OSA) and to snore. The device, named
  eXciteOSA, is pass through the de novo regulatory
  pathway for people 18 years and older.

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Sleep Apnea Devices Market
Worldwide Sleep Apnea Device Market Size was US
5.2 Billion in 2020 On the basis of Type, Sleep
apnea appliances industry includes therapeutic
devices and diagnostic devices. Sleep apnea
therapeutic devices, such as Continuous Positive
Airway Pressure (CPAP), Bilevel Positive Airway
Pressure (BiPAP) and Auto CPAP Sleep Apnea
machines. The (CPAP) continuous positive airway
pressure unit is the most prescribed machine for
sleep apnea. Auto CPAP Sleep Apnea machines are
used to evaluate the patient's respiratory and
other bodily functions during sleep. Apart from
this, sleep apnea diagnostics devices are
segmented into Polysomnography Devices (PSG),
Respiratory Polygraph, Sleep Apnea Screening
Devices, Oximeter, and Actigraphy Monitoring
Device. Polysomnography Devices (PSG),
attributed to the fact that it is a
multi-parameter study that records patient's
brain waves, heart rate and breathing, the oxygen
level in the blood, and even eye and leg
movements during the diagnosis procedure.
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Sleep Apnea Devices Market
Moreover, diagnostic devices, clinical PSG
devices, pulse oximeters, and heartrate systems
make up most of the devices used in sleep
hospitals and laboratories worldwide. The number
of sleep tests performed and sleep laboratories
with a clinical polysomnography device are
increasing. These tests are promptly regarded as
the regular diagnostic test for sleep
apnea. North America is Driving the Demand of
Sleep Apnea Devices Industry Among different
regions, the increasing prevalence of respiratory
illnesses in North America is causing sleeping
disorders, boosting the demand for Sleep apnea
devices. The United States operates the majority
of the sleep apnea devices market in North
America. According to the American Sleep
Association, in 2018, 50-70 million adult
populations in the United States were found to
have a sleep disorder. Furthermore, a huge
patient pool, raising awareness of sleep apnea,
and the presence of foreign manufacturers are
boosting the demand for Sleep apnea devices in
Europe. The abundance of diagnostic tests for
proving the presence of sleep apnea in the region
is fast increasing, as
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numerous people are concerned about the health
concerns associated with this illness. COVID-19
Pandemic Impact on Sleep Apnea Devices
Market The COVID-19 pandemic affects the
management of sleep apnea patients. Physical
isolation, social distancing, and suspension of
many clinical services complicate the already
prevalent underdiagnosis of sleep disorders and
potentially delay treatment for those diagnosed.
Sleep Apnea Devices companies faced specific
operational and logistic challenges due to the
imposition of nationwide lockdowns. Competitive
Landscape The sleep apnea devices market is
highly competitive, with several major players
such as Summoned, Resmed, Koninklijke Philips
N.V., Carefusion Corp. (Part of Becton, Dickinson
and Company), Imthera Medical, Inc. (Part of
Livanova Plc) across the world.
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Market Summary Type - Renub Research Report
covered by Type in the Sleep Apnea Devices Market
breakup by 2 viewpoints (Therapeutic Devices,
Diagnostic Devices) Therapeutic Devices - Sleep
Apnea Devices Market have been further
sub-segmented from 4 viewpoints (CPAP Sleep
Apnea, Auto CPAP Sleep Apnea, BiPAP Sleep Apnea,
Others) Diagnostic Devices Sleep Apnea Devices
Market have been further sub-segmented from 5
viewpoints (Polysomnography Devices (PSG),
Respiratory Polygraph, Sleep Apnea Screening
Devices, Oximeter, and Actigraphy Monitoring
Device) End-User Our Report covered by End User
Sleep Apnea Devices Market breakup by 2
viewpoints (Sleep Laboratories Hospitals Home
Care Setting/Individuals) Region - This Report
covered by Region Sleep Apnea Devices Market
breakup by 4 viewpoints (North America, Europe,
Asia Pacific, ROW) All the major players have
been covered from 3 Viewpoints (Overview, Recent
Developments and Revenue) Summoned, Resmed,
Koninklijke Philips N.V., Carefusion Corp. (Part
of Becton, Dickinson and Company), Imthera
Medical, Inc. (Part of Livanova Plc)
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Sleep Apnea Devices Market