The North America sleep apnea devices market is expected to reach US$ 3,705.8 Mn in 2025 from US$ 2,102.4 Mn in 2017. The market is estimated to grow with a CAGR of 7.6% from 2018-2025.
The growth of the sleep apnea devices market is driven by the factors such as, technological developments and rising geriatric population. However, the market is likely to get impacted due to Absence of patient compliance and economic impact of sleep apnea in the region.
Advancement in the field of biology has equally enhanced the various medical devices such as oral devices and other. Many industry players have come up with innovative types of sleep apnea devices in last few years. For instance, in October 2015, the Whole You, Inc. introduced its new oral appliances for snoring and obstructive sleep apnea and first denture product- NEXTEETH. The NEXTEETH utilizes CAD/CAM technology and combine advanced material for offering an exact fitting and a thinner palatal plate for comfortable wear.
In addition, in April 2017, the ResMed launched World's Smallest CPAP AirMini developed to provide treatment to sleep apnea people. With ResMed’s AutoSet, AirMini is presented with built-in humidification system. Moreover, the similar company launched AirTouch F20 full face mask with UltraSoft memory foam mask cushion, which is a game-changer for patients with sleep apnea, in May 2017. The product, AirTouch F20 is compatible with any CPAP that includes AirMini.
Advancement in sleep apnea devices has made the treatment of OSA easy and accurate. These technological advancement are likely to grow the market in near future.
US is expected to lead the market in the North America region owing to high prevalence of sleep apnea and rising awareness about sleep apnea and its risk factors. Moreover, the market growth is also accelerated with increasing importance of sleep testing in adults and pediatric population. Therefore, considering the above mentioned factors the growth of the market in the country is likely to contribute largest share in the North America region during the forecast period.
Mexico Sleep Apnea Devices Market Revenue and Forecasts to 2025 (US$ Mn)
NORTH AMERICA 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
• North America
• US
• Canada
• Mexico
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.
North America Sleep Apnea Devices Market Strategic Insights
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North America Sleep Apnea Devices Market Segmentation Analysis
North America Sleep Apnea Devices Market Report Highlights
North America Sleep Apnea Devices Report Scope
Report Attribute
Details
Market size in 2017
US$ 2,102.4 Million
Market Size by 2025
US$ 3,705.8 Million
CAGR (2018 - 2025)
7.6%
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
North America
US
Canada
Mexico
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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North America Sleep Apnea Devices Market Country and Regional Insights
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Identical Market Reports with other Region/Countries
How big is the North America Sleep Apnea Devices Market?
The North America Sleep Apnea Devices Market is valued at US$ 2,102.4 Million in 2017, it is projected to reach US$ 3,705.8 Million by 2025.
What is the CAGR for North America Sleep Apnea Devices Market by (2018 - 2025)?
As per our report North America Sleep Apnea Devices Market, the market size is valued at US$ 2,102.4 Million in 2017, projecting it to reach US$ 3,705.8 Million by 2025. This translates to a CAGR of approximately 7.6% during the forecast period.
What segments are covered in this report?
The North America 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 North America 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 North America Sleep Apnea Devices Market report:
Historic Period : 2015-2016
Base Year : 2017
Forecast Period : 2018-2025
Who are the major players in North America Sleep Apnea Devices Market?
The North America 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 North America 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 North America Sleep Apnea Devices Market value chain can benefit from the information contained in a comprehensive market report.