Sleep Apnea Devices Market To Reach USD 10.43 billion By Year 2030

Sleep Apnea Devices Market By Type, By Treatment, By End-User: Global Opportunity Analysis and Industry Forecast, 2024–2032

Introduction to Sleep Apnea Devices Market:

The global Sleep Apnea Devices Market was valued at USD 5.9 billion in 2023 and is likely to reach USD 10.43 billion by 2032, increasing at a CAGR of 6.53% from 2024 to 2032.

 Sleep apnea is a problem that affects the upper airway, causing shallow breathing or frequent pauses in breathing during sleep. This leads to inadequate ventilation and disrupted sleep habits. Sleep apnea is classified into two types: central sleep apnea (CSA), which causes regular breathing to cease involuntarily, and obstructive sleep apnea (OSA), which impedes airflow. OSA is the most frequent kind. Sleep apnea devices with smart technology can change how they work for each person. They use AI to adjust how they help you while you sleep. They check your data all the time to make sure you're getting the best treatment and feeling comfortable.

Left untreated, obstructive sleep apnea (OSA) can be a serious medical illness with systemic consequences. Patients who do not obtain proper treatment for their OSA are more likely to die from cardiovascular complications. Hypertension, atrial fibrillation, congestive heart failure, coronary artery disease, stroke, and type 2 diabetes are further complications.

The market for sleep apnea is being driven by growing demand for effective treatment choices, rising incidence of risk factors such as obesity and age, improved awareness and diagnosis of sleep disorders, and developments in therapeutic and diagnostic device technology. Healthcare legislation promoting early identification and treatment of sleep apnea are also boosting market expansion. Sleep difficulties have become more prevalent due to modern lifestyle changes, increased obesity rates, and aging populations. As a result, there is a higher demand than ever for technologically advanced, adaptive, and efficient technology. Oral devices are increasingly being used in marketed products to replace traditional positive airway pressure devices.

Smart technology in sleep apnea devices may adapt to individual needs. They employ AI to customize how they assist you while you sleep. Your data is constantly monitored to ensure optimal treatment and comfort. Smart equipment can detect breathing variations and alter air supply accordingly. This ensures you receive appropriate assistance throughout the night. Wearable technologies, such as smartwatches, can detect sleep apnea early on. They utilize sophisticated sensors to monitor your sleep and determine whether you are having difficulty breathing. Special mouthpieces are available for mild instances of sleep apnea. They're produced just for you with 3D printing, so they're comfy. Some even have sensors.

Global Sleep Apnea Devices Market, Segmentation

The Sleep Apnea Devices market is segmented on the basis of By Type, By Treatment, By End-User, and region.

Type:

The type segment is further classified into obstructive sleep apnea (OSA), central and complex. Among these, the obstructive sleep apnea (OSA) sub-segment accounted for the highest market share in 2023. OSA can induce snoring by jarring the tongue and soft palate. Also, it may make someone feel as if they are gasping for oxygen when they wake up. Even when the upper airway is obstructed, the body strives to breathe, and the lungs function properly. Men, overweight persons, pregnant women, and back sleepers are more likely to get OSA, which is becoming a trusted source as they age.

Symptoms include excessive weariness when awake or waking up throughout the night, waking up in a panic, snoring or having difficulty breathing while asleep, frequent headaches, dry mouth upon rising, and feeling bewildered or unable to focus at work or school.

Treatment:

The treatment segment is further classified into CPAP, Surgery, Oral Appliances, and Medications. Among these, the Continuous Positive Airway Pressure (CPAP) sub-segment is anticipated to show the fastest growth by 2032. CPAP therapy stands as the foremost treatment for sleep apnea, particularly for moderate to severe cases of obstructive sleep apnea (OSA), considered the standard of care. It involves wearing a mask linked to a machine that delivers a constant airflow, preventing airway collapse during sleep.

While CPAP is often the first choice, there are other options if someone can't use it or prefers something else. These include surgery, mouthpieces, and medications. However, CPAP is still the most commonly suggested and effective treatment for sleep apnea, especially if other treatments don't help enough.

Region:

The Sleep Apnea Devices market in North America is projected to show the fastest growth by 2032. In 2023, North America dominated the market share. Changing lifestyles, rising disposable income, the presence of well-known players, an increase in the number of obese people, an increase in the incidence of respiratory illnesses, an increase in OSA awareness, and supportive government initiatives are just a few of the key factors driving growth.

Leading firms in North America include ResMed, Somnetics International Inc., and Philips Respironics. These firms are well-established in the industry, with extensive supply and distribution networks across North America.

Some of the leading Sleep Apnea Devices market players are

  • Respironics (United States)
  • Fisher & Paykel Healthcare (New Zealand)
  • DeVilbiss Healthcare (United States)
  • Koninklijke Philips (Netherlands)
  • ResMed (United States)
  • Oventus (Australia)
  • SomnoMed (Australia)
  • Vivos Therapeutics (United States)
  • WholeYou (United States)
  • BMC Medical Co., Ltd. (China)

Key Industry Developments

  • In Jan 2024, Phillips Agrees to stop selling sleep apnea machines in the United States, amid recall crisis, Philips has declared that it would no longer provide its CPAP and BiPAP sleep apnea appliances for sale in the US. This decision comes after numerous setbacks, including the Philips CPAP recalls and hundreds of court challenges, as well as a deal with the Food and Drug Administration
  • In Feb 2024, ResMed launches new bi-level sleep apnea device, SAN DIEGO, February 12, 2024, ResMed (NYSE: RMD, ASX: RMD) launched today its AirCurve 11 series devices, the company's newest bilevel devices that employ expiratory positive airway pressure (EPAP) and inspiratory positive airway pressure (IPAP) as two degrees of support

Key Findings of the Study

  • The market for sleep apnea is being driven by growing demand for effective treatment choices, rising incidence of risk factors such as obesity and age, improved awareness and diagnosis of sleep disorders, and developments in therapeutic and diagnostic device technology.
  • Smart technology in sleep apnea devices is an opportunity for adapting towards individual needs.
  • By Type the obstructive sleep apnea (OSA) sub-segment accounted for the highest market share.
  • The Sleep Apnea Devices market in North America is projected to show the fastest growth by 2032.
Posted by  Aditya Joshi
Retina Graphics

An experienced market research analyst with a strong background in conducting both primary and secondary research across various industries. With 2 years of dedicated experience in Manufacturing and Construction, Chemicals and Materials, Energy and Natural Resources, Service Industry, Consumer Goods, Automotive and Transport, and other major domains, I have completed over 18 different projects using advanced research methodologies. My expertise lies in generating customized reports, as well as conducting customer & vendor satisfaction studies and brand perception analyses, and specializing in market, competitor, and supplier analysis. I am well-versed in employing strategic tools such as SWOT, PESTEL, and Porter’s Five Forces to derive valuable insights. Proficient in delivering research findings, I specialize in providing reports in various formats, whether customized or syndicated.