Sleep Apnea Diagnostic and Therapeutic Devices Global Market to Reach $14 Billion by 2030: Increased Awareness of Comorbid Conditions Spurs Growth

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Global Market for Sleep Apnea Diagnostic and Therapeutic Devices

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.

• Compumedics Ltd.

• DeVilbiss Healthcare

• Fisher & Paykel Healthcare Ltd.

• Itamar Medical Ltd.

• Lowenstein Medical Technology GmbH + Co. KG

• Natus Medical Inc.

• Philips Healthcare

• ResMed Inc.

• Teleflex 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

Key Attributes:

Report Attribute	Details
No. of Pages	199
Forecast Period	2020 - 2027
Estimated Market Value (USD) in 2020	$6.7 Billion
Forecasted Market Value (USD) by 2027	$11 Billion
Compound Annual Growth Rate	7.3%
Regions Covered	Global

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights

• World Market Trajectories

• A Prelude

• Recent Market Activity

• US, the Clear Market Leader; Developing Regions Promise Growth

• Market Segmentation

• Competition

• 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

• Patient-Friendly Masks

• Educational Campaigns

• 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

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/pa4my3

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• Global Market for Sleep Apnea Diagnostic and Therapeutic Devices

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