The Europe sleep apnea devices market is expected to reach US$ 2,804.7 Mn in 2025 from US$ 1,515.5 Mn in 2017. The market is estimated to grow with a CAGR of 8.3% from 2018-2025.
The growth of the market is driven by the factors such as, increased patient base of sleep apnea and availability of technologically advanced diagnostic & therapeutic devices. However, the market is likely to get impacted due to risks associated with sleep apnea in the region.
The prevalence of sleep disorders has been increasing in Europe. As a result, the sleep centers are expanding in the hospitals and private care environment to meet the demands. However, the number of sleep centers and caregivers in the region is not sufficient. Many sleep disorders are chronic and require continuous treatment and monitoring of therapy success. Thus, the cost-efficient technologies for the initial diagnosis and for follow-up monitoring of treatment are important. Many new advanced methods for recording sleep and diagnosing sleep disorders have been developed. For instance, wireless recording of sleep and related biosignals allows diagnostic tools and therapy follow-ups.
In order for a better understanding of the pathophysiology of sleep disorders, sleep research requires new technologies to investigate underlying mechanisms in the regulation of sleep. Home recording and non-obtrusive recording over extended periods of time with telemedicine methods support this research. In addition, growing advances in techniques comprise development and application of portable equipment. For instance, these portable equipment allows HSAT (Home sleep apnea testing) systems that allow patients to enter sleep times manually. This will further allow the assessment software to adjust the calculation of directories of respiratory events for corrected sleep duration. Some other systems assess sleep times indirectly by an additional light or activity monitoring. All of these portable systems are called HSAT or polygraphy (PG) in Europe. Owing to the above mentioned factors, the sleep apnea market is anticipated to significantly grow in the region.
Germany is expected to lead the market in the Europe region owing to focus on research and development activities and availability of funds for research are the important factors. Moreover, increasing awareness about screening of selected risk groups for sleep apnea, its diagnosis and treatment and availability of healthcare centers drive the market growth during the forecast period. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the Europe region during the forecast period.
Exhibit: Germany Sleep Apnea Devices Market Revenue and Forecasts to 2025 (US$ Mn)
EUROPE SLEEP APNEA DEVICES - MARKET SEGMENTATION
By Diagnostic Devices
• Polysomnography Devices
• Respiratory Polygraphs
• Actigraphy systems
• Oximeters
By Therapeutic Devices
• Facial Interfaces
• Adaptive Servo-Ventilation Instruments (ASV)
• Positive Airway Pressure (PAP) Devices
• Oxygen Concentrators
• Airway Clearance Systems
• Oral Appliances
• Accessories
By End User
• Home Healthcare
• Sleep Laboratories and Hospitals
By Geography
• Europe
• Germany
• France
• UK
Company Profiles
• RedMed
• Koninklijke Philips N.V.
• Braebon Medical Corporation
• Compumedics Limited
• BMC Medical Co., Ltd.
• Fisher & Paykel Healthcare Limited.
• SomnoMed Limited
• Weinmann Emergency Medical Technology GmbH CO. KG
• Devilbiss Healthcare LLC.
• Whole You, Inc.
Europe Sleep Apnea Devices Market Strategic Insights
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Europe Sleep Apnea Devices Market Segmentation Analysis
Europe Sleep Apnea Devices Market Report Highlights
Europe Sleep Apnea Devices Report Scope
Report Attribute
Details
Market size in 2017
US$ 1,515.5 Million
Market Size by 2025
US$ 2,804.7 Million
CAGR (2018 - 2025)
8.3%
Historical Data
2015-2016
Forecast period
2018-2025
Segments Covered
By Diagnostic Devices
Polysomnography
Respiratory Polygraph
Oximeters and Actigraphy System
By Therapeutic Devices
Facial Interfaces
Adaptive Servo-Ventilation Instruments
Positive Airway Pressure Devices
Oxygen Concentrators
Airway Clearance Systems
Oral Appliances and Accessories
By End User
Home Healthcare and Sleep Laboratories & Hospitals
Regions and Countries Covered
Europe
UK
Germany
France
Russia
Italy
Rest of Europe
Market leaders and key company profiles
RedMed
Koninklijke Philips N.V.
Braebon Medical Corporation
Compumedics Limited
BMC Medical Co., Ltd.
Fisher & Paykel Healthcare Limited.
SomnoMed Limited
Weinmann Emergency Medical Technology GmbH CO. KG
Devilbiss Healthcare LLC.
Whole You, Inc.
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Europe Sleep Apnea Devices Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
The Europe Sleep Apnea Devices Market is valued at US$ 1,515.5 Million in 2017, it is projected to reach US$ 2,804.7 Million by 2025.
What is the CAGR for Europe Sleep Apnea Devices Market by (2018 - 2025)?
As per our report Europe Sleep Apnea Devices Market, the market size is valued at US$ 1,515.5 Million in 2017, projecting it to reach US$ 2,804.7 Million by 2025. This translates to a CAGR of approximately 8.3% during the forecast period.
What segments are covered in this report?
The Europe Sleep Apnea Devices Market report typically cover these key segments-
Diagnostic Devices (Polysomnography, Respiratory Polygraph, Oximeters and Actigraphy System)
End User (Home Healthcare and Sleep Laboratories & Hospitals)
What is the historic period, base year, and forecast period taken for Europe Sleep Apnea Devices Market?
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Sleep Apnea Devices Market report:
Historic Period : 2015-2016
Base Year : 2017
Forecast Period : 2018-2025
Who are the major players in Europe Sleep Apnea Devices Market?
The Europe Sleep Apnea Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
RedMed
Koninklijke Philips N.V.
Braebon Medical Corporation
Compumedics Limited
BMC Medical Co., Ltd.
Fisher & Paykel Healthcare Limited.
SomnoMed Limited
Weinmann Emergency Medical Technology GmbH CO. KG
Devilbiss Healthcare LLC.
Whole You, Inc.
Who should buy this report?
The Europe Sleep Apnea Devices Market report is valuable for diverse stakeholders, including:
Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.
Essentially, anyone involved in or considering involvement in the Europe Sleep Apnea Devices Market value chain can benefit from the information contained in a comprehensive market report.
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