North America Sleep Apnea Market – Growth & Forecast (2024

North America Sleep Apnea Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Sleep Apnea is a problem characterised by abnormal breathing. The diseases which may complicate sleep apnea are high blood pressure, arrhythmia, ischemic heart diseases, and others. Sleep apnea is the major risk factor of the arteriosclerotic disease. CPAP (Continuous Positive Airway Pressure), EPAP (Expiratory Positive Airway Pressure) are some of the treatments for the sleep apnea disorder. Lowering of concentration and loud snoring are signs and symptoms of sleep apnea. By taking precautions like a healthy diet, and avoidance of smoking & alcohol we can control sleep apnea disorder.

Sleep Apnea Market Size & Growth:

The North America sleep apnea market size is envisaged to reach $XX Billion by the end of 2024 from XX Billion in 2018, at a CAGR close to XX% during the forecast period. The major factors influencing the sleep apnea market growth are raising prevalence of sleep disorder, technological advancements in diagnostic and therapeutic devices, increasing awareness about adverse effects of sleep apnea, and favourable government support. In addition to this, rising acceptance of home healthcare, improving diagnosis rates, improving healthcare infrastructure, introduction to new technologies, and changing lifestyle habits like avoiding alcohol, smoking, and unhealthy diet are contributing to the sleep apnea market, and North America sleep apnea devices market. The high cost of devices, choosing alternative medicines and treatment, and stringent regulatory approvals are hampering the market growth during the forecast period. Reimbursement issues and patient compliance are challenging the sleep apnea market. Increasing number of companies

North America Sleep Apnea Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

in sleep apnea market is creating profitable opportunities to the market. Majority form of sleep apnea is OSA (Obstructive Sleep Apnea) will occur 1-6% of adults, and 2% in children which leads to growth in the number of people suffering from sleep apnea, and influences the obstructive sleep apnea market growth.

Sleep Apnea Market Segments Share:

The sleep apnea market is categorised by product, end-users, and geography. Based on the product, the market is segmented into therapeutic devices and diagnostic devices. Among these, therapeutic devices accounted the largest market share and projected to grow at the same pace throughout the forecast period. Rising demand for oral appliances, ASV (Adaptive Servo-Ventilation) are the factors enhancing the therapeutic devices segment. Diagnostic devices are further segmented into PSG (Polysomnography Devices), pulse oximeters, Actigraphy devices, and others. Among these, PSG segment shows the dominance of the overall market and leads the sleep apnea diagnostics market. PAP (Positive Airway Pressure) Devices accounts the largest market share in therapeutic devices market. According to sleep apnea global statistics, the sleep apnea affects males about twice as often as females.

By end-user, the market is classified into hospitals, sleep clinics, home health care and others. Home healthcare segment is estimated to register the highest CAGR during the forecast period. By geography, North America region holds the largest market share followed by Europe. Introduction to new technologies, improving healthcare infrastructure, and government support are leading the U.S. sleep apnea market growth in North

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North America Sleep Apnea Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

America region. U.S market for sleep apnea will witness robust growth over the forecast period. The United States shows the dominance of the market followed by Canada.

Sleep Apnea Market Trends:

DeVilbiss Healthcare released IntelliPAP Autoadjust CPAP System where CPAP pressure automatically adjusts to meet patient needs.

North America Sleep Apnea Market Research Report:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with major competitors.

Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.

The major key players in the North America Sleep Apnea Market are:

Weinmann Medical Devices GmbH & Co
Fisher & Paykel Healthcare
ResMed Inc.
DeVilbiss Healthcare
SomnoMed
CareFusion Corporation

Along with these companies, there were many other companies considered/ cited in the report while analysing the North America sleep apnea market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.

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