North American Sleep Apnea Devices Market Research Report, By Type and Country (U.S. & Canada), Mark

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Overview: Sleep Apnea is a common disorder which results in disturbed or poor quality of sleep. It is mainly caused by breathing pauses or shallow breathing during sleep. To treat sleep apnea, a wide range of diagnostic and therapeutic medical devices are being used. North American sleep apnea devices market is expected to rise, as the device manufacturers are continuously developing and improving their devices to increase efficiency, patient compliance and cost-effectiveness. Technological advances in mask designs, improved designs of CPAP, Bi-level, APAP devices and increased service support for PAP device users are expected to stimulate the growth of this market.

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Market analysis: The sleep apnea market is estimated and forecasted in terms of revenue (in USD million) generated by the sleep apnea devices from 2019 to 2024. It is expected that the North American sleep apnea market is estimated to grow at CAGR 8.39% during the period of 2018 to 2023. However sleep therapeutics devices recorded more than 50% of market share in 2016 and it is expected to expand at a highest CAGR during the forecast period 2019 to 2024. By 2024 Canadian sleep apnea market revenue is expected to across USD 1.0 billion with the CAGR of ~ 10%.

Market segmentation: North American sleep apnea market can be segmented by type of devices used such as diagnostic devices and therapeutic devices. Sleep diagnostics devices are further segmented as portable monitoring, traditional PSG/ in-lab PSG, two channel screening devices, single channel screening devices, actigraphy, respiratory polygraphs and masks. Further sleep therapeutics devices are segmented as PAP devices, adaptive servoventilation (ASV), airway clearance systems, oxygen devices and oral Appliance.

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Key factors are driving the growth of sleep apnea devices market:


Some other factors driving the sleep apnea devices market are rise in awareness of sleep related disorders and growing prevalence of sleep apnea disorders. Factors which are affecting the sleep apnea devices market are comfort to use devices, cost of treatment and difficulty in the diagnostics.

Key companies which lead the market: BMC Medical Co. Ltd, Carefusion, Corp, Compumedics, Ltd, DeVilbiss Healthcare, Fisher & Paykel Healthcare, Natus Medical, Inc., Philips Respironics, ResMed, Inc. and Weimann Medical Devices. Which are also profiled in the report. Each company profile includes company financials, detailed product portfolio and recent developments.

Competitive analysis: The report includes in-depth analysis of market drivers, restraints, market trends and competitive landscape across various geographies. The competitive landscape section includes all market deals of last 3 years of sleep apnea devices market. It includes new product launches, mergers and acquisitions, joint ventures, agreements etc. The extracted data points such as main market or parent market of Sleep Apnea devices, end users (hospitals, sleep laboratories etc.) and parent market of Sleep Apnea devices such as medical devices market etc. were compared in an in-house statistical data model, which is based on fundamental top down and bottom up approach.

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For any query about this report: Which segment or region will drive or lead market growth and why? What will the market size from 2018-2024? Comprehensive planning of the competitive landscape and the vendors behaviours? What are the key sustainable strategy adopted by market vendors? What is impact on the growth and competition?

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Axiom Market Research & Consulting, a global market research firm driven with a simple aim of providing key actionable data to companies for taking informed business decisions pertaining to their marketing strategy, investments, new product launch, market competition etc. Our creative research approaches help us to extract, analyze and compare markets along with peer markets, main or parent market, application and end user industries, competitive landscape and qualitative figures to arrive at market numbers. Backed by a team of experienced analyst, who have worked with leading research firms and delivered number of market research projects globally, Axiom Market Research & Consulting is able to cater to all market research and business consulting requirements. With a worldwide client base, Axiom Market Research & Consulting aims to be a global leader and defacto partner in your company’s growth. Contact Details: Manish Shelar Telephone: +1 (845) 875-9786 Fax number: +1 (845) 503-2379 Email: sales@axiommrc.com

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