The global sleep apnea devices market is projected to reach USD 10.97 billion by 2028, growing at a CAGR of 8.7%. Growing cognizance about the unpleasant effects of untreated sleep apnea, high-tech developments in sleep apnea devices and increasing number of establishments attempting into the sleep apnea and oral appliances markets are some of the factors driving the growth of the global sleep apnea devices market.
Adroit Market Research report on global Sleep apnea devices market gives a holistic view of the market from 2018 to 2028, which includes factors such as market drivers, restraints, opportunities and challenges. The market has been studied for historic years from 2018 to 2019, with the base year of estimation as 2020 and forecast from 2021 to 2028. The report covers the current status and future traits of the market at global as well as country level. In addition, the study also assesses the key players based on their product portfolio, geographic footprint, strategic initiatives and overall revenue. Prominent players operating in the global sleep apnea devices market have been studied in detail.
The global sleep apnea devices market is categorized based on type and end-use. On the basis of type, the market is segmented into therapeutic devices and diagnostic devices. The therapeutic devices segment accounted for the largest share of the global sleep apnea devices market. By end-use, the market is segmented into sleep laboratories and hospitals and home care settings. The sleep laboratories and hospitals segment accounted for the largest share of the global sleep apnea devices market.
North America dominated the market for sleep apnea devices in 2020, while Asia-Pacific is set to grow at the highest CAGR due large undiagnosed patient pool. Key players of the global sleep apnea devices market include Curative Medical Inc., Somnomed, Philips Respironics, Oventus Medical, ResMed, Löwenstein Medical Drive, Fisher & Paykel Healthcare, Compumedics, Cadwell Laboratories, Invacare Corporation, Devilbiss Healthcare among others.
Key segments of the global sleep apnea devices market
Type Overview, 2018-2028 (USD Billion)
- Therapeutic devices
- Diagnostic devices
End-use Overview, 2018-2028 (USD Billion)
- Sleep laboratories and hospitals
- Home care settings
Regional Overview, 2018-2028 (USD Billion)
- North America
- United Kingdom
- Asia Pacific
- South America
- Middle East & Africa