Global Sleep Apnea Therapeutic & Diagnostic Devices Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

Global Sleep Apnea Therapeutic & Diagnostic Devices Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)

The global sleep apnea device market is expected to record a value of US$9.29 billion in 2024, growing at a CAGR of 7.94%, for the duration spanning 2020-2024. The factors such as expansion of medical devices, rising prevalence of obstructive sleep apnea (OSA), growth in the geriatric population, increasing medical technology R&D spending and rise in obesity would drive the growth of the market. However, the market growth would be challenged by high cost of CPAP, side effects associated with CPAP and stringent regulations. A few notable trends may include, rising investment in Artificial Intelligence (AI) startups, increasing focus on Telehealth, development of Hypoglossal Nerve Stimulation (HNS) and rising adoption of actigraphy diagnostic devices.

The global sleep apnea market has emerged out as very strong because of the rising number of sleep apnea cases across the world. The market is covered with a wide range of diagnostic as well as therapeutic devices. Positive Airway Pressure (PAP) devices are the widely used therapeutic method in the sleep apnea space because of the highly effective results. Rising awareness about sleep apnea and related comorbidities among people is playing a significant role in persuading people to undergo diagnosis as well as treatment therapies.

The fastest growing regional market was North America with the highest incidence of obstructive sleep apnea cases. The U.S. has accounted for the highest share in the North America market due to the technological advances in mask designs, improved designs of CPAP and enhanced support services for PAP. Further, Europe has also evolved out as a prominent market with the increased pool of untreated sleep apnea patients. Both the regions have considerable growth potentials that would help in the expansion of the global sleep apnea market in coming years.

Scope of the report:

The report provides a comprehensive analysis of the global sleep apnea therapeutic & diagnostic devices market.
The major regional markets (North America, Europe, Asia-Pacific and ROW), along with the country coverage of the U.S., Germany and the U.K. have been analyzed.
The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
The competitive landscape of the market, along with the company profiles of leading players (Koninklijke Philips, ResMed, Invacare Corporation, Fisher & Paykel, Somnomed Ltd. and BMC Medical) are also presented in detail.

Key Target Audience:

Sleep Apnea Devices Manufacturers
Medical Technology & Artificial Intelligence Firms
End Users (Hospitals, Sleeping Centers, Clinics, Testing Labs)
Investment Banks
Healthcare and Medical Consultants
Government Bodies & Regulating Authorities


1. Overview
1.1 Introduction
1.2 Risk Factors For Sleep Apnea
Table 1: Potential Etiological Risk Factors for Sleep Apnea
1.3 Types of Sleep Apnea
Table 2: Types of Sleep Apnea
1.4 Diagnosis and Treatment of Sleep Apnea
1.5 Sleep Apnea Devices
Table 3: Sleep Apnea Devices
1.6 Continuous Positive Airway Pressure (CPAP)
2. Impact of COVID-19
2.1 Rise in Number of COVID-19 Cases
Table 4: Global COVID-19 Cases by Income Group
2.2 Growth in Government Spending on Healthcare
Table 5: The U.S. Government Share of Healthcare Spending (2020-2027)
2.3 Acceleration in Healthcare Internet of Thing (IoT)
Table 6: Global Healthcare IoT Device Installation Forecast (2017-2021)
2.4 Regional Impact
3.Global Market Analysis
3.1 Global Sleep Apnea Device Market by Value
Table 7: Global Sleep Apnea Device Market by Value (2015-2019)
3.2 Global Sleep Apnea Device Market Forecast by Value
Table 8: Global Sleep Apnea Device Market Forecast by Value (2020-2024)
3.3 Global Sleep Apnea Device Market by Type
Table 9: Global Sleep Apnea Device Market by Type (2019)
3.3.1 Global Therapeutic Sleep Apnea Device Market by Value
Table 10: Global Therapeutic Sleep Apnea Device Market by Value (2015-2019)
3.3.2 Global Therapeutic Sleep Apnea Device Market Forecast by Value
Table 11: Global Therapeutic Sleep Apnea Device Market Forecast by Value (2020-2024)
3.3.3 Global Diagnostic Sleep Apnea Device Market by Value
Table 12: Global Diagnostic Sleep Apnea Device Market by Value (2015-2019)
3.3.4 Global Diagnostic Sleep Apnea Device Market Forecast by Value
Table 13: Global Diagnostic Sleep Apnea Device Market Forecast by Value (2020-2024)
3.3.5 Global Diagnostic Sleep Apnea Device Market by Device Type
Table 14: Global Diagnostic Sleep Apnea Device Market by Device Type (2019)
3.3.6 Global Polysomnography (PSG) device Market Forecast by Value
Table 15: Global Polysomnography (PSG) device Market Forecast by Value (2019-2024)
3.4 Global Sleep Apnea Device Market by Region
Table 16: Global Sleep Apnea Device Market by Region (2019)
4. Regional Market Analysis
4.1 North America
4.1.1 North America Sleep Apnea Device Market by Value
Table 17: North America Sleep Apnea Device Market by Value (2015-2019)
4.1.2 North America Sleep Apnea Device Market Forecast by Value
Table 18: North America Sleep Apnea Device Market Forecast by Value (2020-2024)
4.1.3 North America Sleep Apnea Device Market by Region
Table 19: North America Sleep Apnea Device Market by Region (2019)
4.1.4 The U.S. Sleep Apnea Device Market by Value
Table 20: The U.S. Sleep Apnea Device Market by Value (2015-2019)
4.1.5 The U.S. Sleep Apnea Device Market Forecast by Value
Table 21: The U.S. Sleep Apnea Device Market Forecast by Value (2020-2024)
4.1.6 The U.S. Sleep Apnea Device Market by Product Type
Table 22: The U.S. Sleep Apnea Device Market by Product Type (2019)
4.1.7 The U.S. Therapeutic Sleep Apnea Device Market by Value
Table 23: The U.S. Therapeutic Sleep Apnea Device Market by Value (2015-2019)
4.1.8 The U.S. Therapeutic Sleep Apnea Device Market Forecast by Value
Table 24: The U.S. Therapeutic Sleep Apnea Device Market Forecast by Value (2020-2024)
4.1.9 The U.S. Diagnostic Sleep Apnea Device Market by Value
Table 25: The U.S. Diagnostic Sleep Apnea Device Market by Value (2015-2019)
4.1.10 The U.S. Diagnostic Sleep Apnea Device Market Forecast by Value
Table 26: The U.S. Diagnostic Sleep Apnea Device Market Forecast by Value (2020-2024)
4.2 Europe
4.2.1 Europe Sleep Apnea Device Market by Value
Table 27: Europe Sleep Apnea Device Market by Value (2015-2019)
4.2.2 Europe Sleep Apnea Device Market Forecast by Value
Table 28: Europe Sleep Apnea Device Market Forecast by Value (2020-2024)
4.2.3 Europe Sleep Apnea Device Market by Region
Table 29: Europe Sleep Apnea Device Market by Region (2019)
4.2.4 Germany Sleep Apnea Device Market by Value
Table 30: Germany Sleep Apnea Device Market by Value (2015-2019)
4.2.5 Germany Sleep Apnea Device Market Forecast by Value
Table 31: Germany Sleep Apnea Device Market Forecast by Value (2020-2024)
4.2.6 Germany Sleep Apnea Device Market by Product Type
Table 32: Germany Sleep Apnea Device Market by Product Type (2019)
4.2.7 Germany Therapeutic Sleep Apnea Device Market by Value
Table 33: Germany Therapeutic Sleep Apnea Device Market by Value (2015-2019)
4.2.8 Germany Therapeutic Sleep Apnea Device Market Forecast by Value
Table 34: Germany Therapeutic Sleep Apnea Device Market Forecast by Value (2020-2024)
4.2.9 Germany Diagnostic Sleep Apnea Device Market by Value
Table 35: Germany Diagnostic Sleep Apnea Device Market by Value (2015-2019)
4.2.10 Germany Diagnostic Sleep Apnea Device Market Forecast by Value
Table 36: Germany Diagnostic Sleep Apnea Device Market Forecast by Value(2020-2024)
4.2.11 The U.K. Sleep Apnea Device Market by Value
Table 37: The U.K. Sleep Apnea Device Market by Value (2015-2019)
4.2.12 The U.K. Sleep Apnea Device Market Forecast by Value
Table 38: The U.K. Sleep Apnea Device Market Forecast by Value (2020-2024)
4.3 Asia-Pacific
4.3.1 Asia-Pacific Sleep Apnea Device Market by Value
Table 39: Asia-Pacific Sleep Apnea Device Market by Value (2015-2019)
4.3.2 Asia-Pacific Sleep Apnea Device Market Forecast by Value
Table 40: Asia-Pacific Sleep Apnea Device Market Forecast by Value (2020-2024)
4.4 ROW
4.4.1 ROW Sleep Apnea Device Market by Value
Table 41: ROW Sleep Apnea Device Market by Value (2015-2019)
4.4.2 ROW Sleep Apnea Device Market Forecast by Value
Table 42: ROW Sleep Apnea Device Market Forecast by Value (2020-2024)
5. Market Dynamics
5.1 Growth Drivers
5.1.1 Expansion of Medical Device
Table 43: Global Medical Device Market (2019-2024)
5.1.2 Rising Prevalence of Obstructive Sleep Apnea (OSA)
Table 44: Obstructive Sleep Apnea Population by Top 10 Countries (2019)
5.1.3 Growth in Geriatric Population
Table 45: Global Geriatric Population – Age 65 and Above (2015-2019)
5.1.4 Increasing Medical Technology R&D Spending
Table 46: Global Medical Technology R&D Spending (2015-2019)
5.1.5 Rise in Obesity
Table 47: Shares of Obese Population by Major Countries (2000-2030)
5.1.6 Rapid Urbanization
Table 48: Global Urban Population (2015-2019)
5.1.7 Upsurge in Healthcare Expenditures
Table 49: Global Healthcare Expenditure Per Capita (2015-2019)
5.1.8 Growing Awareness about Sleep Apnea and Related Comorbidities
5.2 Key Trends and Developments
5.2.1 Rising Investment in Artificial Intelligence (AI) Startups
Table 50: Global Artificial Intelligence (AI) Startup Funding (2015-2019)
5.2.2 Increasing Focus on Telehealth
Table 51: Global Telehealth Patient Population (2015-2019)
5.2.3 Development of Hypoglossal Nerve Stimulation (HNS)
5.2.4 Rising Adoption of Actigraphy Diagnostic Devices
5.3 Challenges
5.3.1 High Cost of Continuous Positive Airway Pressure (CPAP) Machines
5.3.2 Side Effects Associated with CPAP Therapy
5.3.3 Stringent Government Regulations
6. Competitive Landscape
6.1 Global Market
6.1.1 Key Players – Revenue Comparison
Table 52: Key Players – Revenue Comparison (2019)
6.1.2 Key Players – R&D Expenditure Comparison
Table 53: Key Players – R&D Expenditure Comparison (2019)
6.1.3 Key Players – Market Capitalization Comparison
Table 54: Key Players – Market Capitalization Comparison (2020)
6.1.4 Key Players – Sleep Apnea Product Portfolio
Table 55: Key Players – Sleep Apnea Product Portfolio
7. Company Profiles
7.1 Koninklijke Philips
7.1.1 Business Overview
7.1.2 Financial Overview
Table 56: Koninklijke Philips Sales and Net Income (2015-2019)
Table 57: Koninklijke Philips Sales by Segments (2019)
Table 58: Koninklijke Philips Sales by Regions (2019)
7.1.3 Business Strategies
7.2 ResMed
7.2.1 Business Overview
7.2.2 Financial Overview
Table 59: ResMed Net Revenue and Net Income (2015-2019)
Table 60: ResMed Net Revenue by Segments (2019)
Table 61: ResMed Net Revenue by Regions (2019)
7.2.3 Business Strategies
7.3 Invacare Corporation
7.3.1 Business Overview
7.3.2 Financial Overview
Table 62: Invacare Corporation Net Sales and Net Loss (2015-2019)
Table 63: Invacare Corporation Net Sales by Regions (2019)
7.3.3 Business Strategies
7.4 Fisher & Paykel
7.4.1 Business Overview
7.4.2 Financial Overview
Table 64: Fisher & Paykel Revenue and Profit (2015-2019)
Table 65: Fisher & Paykel Revenue by Business Units (2019)
Table 66: Fisher & Paykel Revenue by Regions (2019)
7.4.3 Business Strategies
7.5 Somnomed Ltd.
7.5.1 Business Overview
7.5.2 Financial Overview
Table 67: Somnomed Ltd. Revenue and Net Loss (Profit) (2015-2019)
Table 68: Somnomed Ltd. Revenue by Regions (2019)
7.5.3 Business Strategies
7.6 BMC Medical
7.6.1 Business Overview
7.6.2 Business Strategies

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