Sleep Apnea Devices Market is expected to generate a revenue of USD 12.97 Billion by 2030, Globally, at 10.42% CAGR: Verified Market Research®

The market report is a good combination of qualitative and quantitative data that highlights significant market changes, obstacles that business and the competition must overcome, as well as new possibilities and trends in the global Sleep Apnea Devices Market.

Jersey City, New Jersey, Dec. 16, 2022 (GLOBE NEWSWIRE) -- Verified Market Research® recently published a report, “Sleep Apnea Devices Market” By Type (Therapeutic Devices, Diagnostic Devices, Sleep Apnea Masks), By End-User (Sleep Laboratories and Hospitals, Home Care Settings/Individuals), and By Geography.

As per the deep research carried out by Verified Market Research®, the global Sleep Apnea Devices Market size was valued at USD 5.31 Billion in 2021 and is projected to reach USD 12.97 Billion by 2030, growing at a CAGR of 10.42% from 2022 to 2030.

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Browse in-depth TOC onSleep Apnea Devices Market

202 - Pages

126 – Tables

37 – Figures

Global Sleep Apnea Devices Market Overview

Sleep apnea is a sleep disorder that causes a person to lose breathing ability for over 10 seconds, which disrupts the regular breathing process and decreases blood oxygen levels. Sleep apnea is related to many medical conditions such as obesity, ageing life, nasal allergies, etc. Undiagnosed sleep apnea can further lead to serious medical conditions such as high blood pressure, stroke, heart failure, diabetes, depression, etc., which increases the seriousness of sleep apnea. The treatment options for sleep apnea include a CPAP machine which actively maintains the oxygen flow and breathing pattern when the patient is sleeping.

During the forecast period, the growing geriatric population and the increasing prevalence of sleep apnea, are expected to drive the growth of the global sleep apnea devices market. The geriatric population is much more susceptible to sleep apnea than other parts of the population. Because of this, the use of sleep apnea devices is expected to increase during the coming years with the increase in the geriatric population. Growing obesity rates are also estimated to generate more revenue for the sleep apnea devices market, as obesity is directly related to obesity. High amounts of fat on the chest and around the neck obstruct the breathing pathway causing people to have difficulties breathing during sleep. Thus the growing prevalence of obesity is expected to boost the global market for sleep apnea devices.

Verified Market Research® narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Sleep Apnea Devices Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.

Key Players

The “Global Sleep Apnea Devices Market” study report will provide valuable insight emphasizing the global market.  The major players in the market are Koninklijke Philips (Netherlands), BMC Medical (China), Fisher & Paykel Healthcare (New Zealand), SomnoMed (US), Oventus Medical (Australia), ResMed (US), GoPAPfree (US), Löwenstein Medical (Germany) Braebon Medical (Canada), and Panthera Dental (Canada).

Based on the research, Verified Market Research® has segmented the global Sleep Apnea Devices Market into Type, End-User, and Geography.

  • Sleep Apnea Devices Market, by Type
    • Therapeutic Devices
    • Diagnostic Devices
    • Sleep Apnea Masks
  • Sleep Apnea Devices Market, by End User
    • Sleep Laboratories and Hospitals
    • Home Care Settings/Individuals
  • Sleep Apnea Devices Market, by Geography
    • North America
      • U.S
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • U.K
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • Rest of Asia Pacific
    • ROW
      • Middle East & Africa
      • Latin America

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