Sleep Apnea Devices Market Growth Forecast: Exploring Trends and Opportunities for the Next Decade
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How has the sleep apnea devices market size evolved in recent years?
The market size of sleep apnea devices has experienced substantial expansion in the past few years. The market size is projected to escalate from $7.94 billion in 2024 to $8.43 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 6.1%. The growth during the historic phase is credited to factors such as the aging population, obesity crisis, heightened awareness of comorbidities, global understanding of sleep apnea, and the common occurrence of sleep apnea.
What are the predictions for the sleep apnea devices market size in the coming years?
Over the coming years, there will be significant growth in the sleep apnea devices market. The prediction is that by 2029, it will expand to reach “$11.72 billion with a compound annual growth rate (CAGR) of 8.6%. This predicted expansion in the forecast period is due to several factors such as the advancements in home sleep testing, tailored treatment methods, growing use of oral appliances, emphasis on pediatric sleep apnea, enhancements in patient compliance, emerging markets and better accessibility. Key trends anticipated during the forecast period involve telemedicine and remote patient monitoring, compact and travel-friendly devices, incorporation of wearable technologies, customization and personalization of treatments, and research in implantable devices.
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What key factors are fueling the growth of the sleep apnea devices market?
The increasing incidence of sleep apnea disorders is anticipated to drive the expansion of the sleep apnea devices market in the future. Sleep apnea, a potentially life-threatening sleeping disorder marked by repeated pauses and starts in breathing, calls for the significance of sleep apnea devices. These devices play a crucial role in managing sleep apnea disorders and preventing sleep disturbances by consistently delivering pressurized air into a sleep mask via tubing, thereby stopping the patient’s airways from collapsing. For example, the AMA (American Medical Association), a professional organization for medical students and doctors based in the US, reported in April 2022 that 30 million individuals in the US were affected by sleep apnea. One in every fifteen Americans, or 6.62% of the total American population, is battling some form of sleep apnea, with about 30 percent experiencing some symptoms. As a result, the escalating incidence of sleep apnea disorders is fueling the growth of the sleep apnea devices market.
How is the global sleep apnea devices market divided into key segments?
The sleep apnea devices market covered in this report is segmented –
1) By Product Type: Airway Clearance System, Adaptive Servo-Ventilation (ASV), Positive Airway Pressure (PAP) Devices, Oral Appliances, Oxygen Devices, Sleep Screening Devices, Actigraphy Systems, Polysomnography (PSG) Device, Respiratory Polygraph
2) By Patient Type: Pediatric, Adult, Geriatric
3) By Disease: Obstructive Sleep Apnea Syndrome, Central Sleep Apnea Syndrome, Complex Sleep Apnea Syndrome
4) By End User: Hospital And Clinics, Diagnostic Centers, Ambulatory Care Centers, Specialty Care Center, Home Healthcare
Subsegments:
1) By Airway Clearance System: High-Frequency Chest Wall Oscillation (HFCWO) Devices, Positive Expiratory Pressure (PEP) Devices, Mechanical Insufflation-Exsufflation Devices
2) By Adaptive Servo-Ventilation (ASV): Automatic Pressure Adjustment Devices, Device With Variable Pressure Support
3) By Positive Airway Pressure (PAP) Devices: Continuous Positive Airway Pressure (CPAP) Machines, Bi-Level Positive Airway Pressure (BiPAP) Machines
4) By Oral Appliances: Mandibular Advancement Devices (MADs), Tongue-Retaining Devices (TRDs)
5) By Oxygen Devices: Oxygen Concentrators, Portable Oxygen Cylinders
6) By Sleep Screening Devices: Home Sleep Apnea Testing Devices, Screening Questionnaires
7) By Actigraphy Systems: Wearable Sleep Trackers, Non-Wearable Actigraphy Devices
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Who are the key firms paving the way for growth in the sleep apnea devices market?
Major companies operating in the sleep apnea devices market include ResMed Inc., Fisher And Paykel Healthcare Corporation Limited, Natus Medical Incorporated, Compumedics Limited, Somnoware Healthcare Systems Inc., DeVilbiss Healthcare LLC, Braebon Medical Corporation, Koninklijke Philips N.V., BMC Medical Co. Ltd., Lowenstein Medical Technology GmbH Co. KG, Nihon Kohden Corporation, Invacare Corporation, Cadwell Industries Inc., Oventus Medical Ltd., Inspire Medical Systems Inc., Itamar Medical Ltd., APEX Medical Corp., Drive DeVilbiss Healthcare, 3B Medical Inc., Airing LLC, Airway Management Inc., Bleep LLC, Circadiance LLC, GE Healthcare, HOFFRICHTER GmbH, Human Design Medical LLC, ImThera Medical Inc., Provent Sleep Therapy LLC, Resonea Inc., Sleepnet Corporation
Which trends are expected to transform the sleep apnea devices market?
Leading businesses in the sleep apnea devices market are concentrating on the creation of innovative devices like bi-level positive airway pressure to boost patient comfort and increase adherence to the treatment. Bi-level positive airway pressure (BiPAP) is a non-invasive ventilation form primarily employed for sleep apnea and other respiratory conditions therapy. It offers two degrees of pressure – a higher pressure during inhaling (IPAP) to assist in keeping the airway unblocked, and a lesser pressure during exhaling (EPAP) to simplify the process of breathing out. For example, in February 2024, ResMed, a medical device company based in the US, introduced the AirCurve 11 series. This new line of bi-level positive airway pressure (PAP) devices aims to strengthen sleep apnea treatment, focusing on enhancing patient comfort and therapy compliance.
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What regions are contributing significantly to the growth of the sleep apnea devices market?
North America was the largest region in the sleep apnea devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the global sleep apnea devices market during the forecast period. The regions covered in the sleep apnea devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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