Sleep Apnea Diagnostic and Therapeutic Devices Global Market to Reach $14 Billion by 2030: Increased Awareness of Comorbid Conditions Spurs Growth
Global Market for Sleep Apnea Diagnostic and Therapeutic Devices
Dublin, March 07, 2023 (GLOBE NEWSWIRE) -- The "Sleep Apnea Diagnostic and Therapeutic Devices: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Sleep Apnea Diagnostic and Therapeutic Devices estimated at US$7.4 Billion in the year 2022, is projected to reach a revised size of US$14 Billion by 2030, growing at a CAGR of 8.2% over the analysis period 2022-2030.
Diagnostic Devices, one of the segments analyzed in the report, is projected to record 7.9% CAGR and reach US$7.1 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Therapeutic Devices segment is readjusted to a revised 8.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $2 Billion, While China is Forecast to Grow at 12.6% CAGR
The Sleep Apnea Diagnostic and Therapeutic Devices market in the U.S. is estimated at US$2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 12.6% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 7.1% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.
Select Competitors (Total 54 Featured) -
Cadwell Laboratories Inc.
Cleveland Medical Devices Inc.
Fisher & Paykel Healthcare Ltd.
Itamar Medical Ltd.
Lowenstein Medical Technology GmbH + Co. KG
Natus Medical Inc.
Vyaire Medical Inc.
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
No. of Pages
2020 - 2027
Estimated Market Value (USD) in 2020
Forecasted Market Value (USD) by 2027
Compound Annual Growth Rate
Key Topics Covered:
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Recent Market Activity
US, the Clear Market Leader; Developing Regions Promise Growth
Sleep Apnea Diagnostic and Therapeutic Devices - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Growing Aging Population Drives Sleep Apnea Market
Increasing Healthcare Spending Bodes Well for Sleep Apnea Devices
Reimbursement Policies of CMS/Insurance Agencies
Home Sleep Testing (HST) Technological Advancements over the Years
Increased Awareness of Comorbid Conditions Spurs Market Growth
Obesity: An Opportunity Indicator for Sleep Apnea Market
Technological Advancements Improve Patient Compliance
Smaller UAS Therapy Version for Treatment of Obstructive Sleep Apnea
mHealth-Enabled Sleep Tracking Devices Gain Ground
Newer CPAP Alternatives
Digital Sleep Apnea Devices Market Trends
Emergence of Dental Sleep Medicine
Oral Appliances vs. CPAP
Sleep Apnea/Sleep Disorders in Children Responsible for Obesity
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
For more information about this report visit https://www.researchandmarkets.com/r/pa4my3
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager email@example.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900