Sleep Apnea Devices Market By Product - Global Industry Analysis and Forecast to 2023

Published On : February 2018 Pages : 100 Category: Medical Devices Report Code : HC02590

Industry Outlook and Trend Analysis

The Sleep Apnea Devices Market was worth USD 3.67 billion in the year of 2014 and is expected to reach approximately USD 7.14 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.68% during the forecast period. Prime factors crediting for the market development incorporate high unmet medical needs, rising prevalence of sleep & respiratory disorders, for example, Brazil, India, China, and others. Key hazard factors for the advancement of sleep apnea incorporate alcohol, life style habits, for example, alcohol, irregular sleep patterns, substance abuse and smoking. The danger of rest apnea is significantly higher in the age group over 50-60 years. In 2012 According to gauges distributed by the United Nations, the worldwide geriatric populace was almost 809.4 million and is anticipated to develop significantly in the upcoming years. Hence, an expansion in the aged populace, and the increment in the objective infections are relied upon to fundamentally support the utilization rates over the conjecture time frame. Besides, improvement of technologically propelled products, for example, WINX sleep-therapy system that enable patients to inhale normally through their nose without being confined by a cover is additionally anticipated that would fortify market development.

Product Outlook and Trend Analysis

In 2015 Oral machines market was over USD 495 million and anticipated to encounter significant development in the upcoming years. Oral appliances are exceedingly prescribed for patients experiencing mild to moderate obstructive sleep apnea and for patients encountering uneasiness with CPAP therapy. Positive Airway Pressure (PAP) gadgets are anticipated to encounter lucrative growth because of expanding scaling down and accessibility of products that are customized with extra features. Oral masks and naso-oral masks are generally utilized amid nasal obstruction or congestion. In 2015 Oxygen gadgets was esteemed at USD 359.0 million and is anticipated to witness outstanding development amid the coming years. It is extremely useful in patients who suffer with central sleep apnea. Expanding utilization rates and minimal cost of actigraphy systems will build its requirement over coming years. These systems are utilized to screen the rest and wake designs or circadian rhythms of patients. Polysomnography (PSG) gadgets should reflect lucrative development because of the improvement of products that render high performance.

Regional Outlook and Trend Analysis

United States sleep apnea gadgets market size is foreseen to develop significantly. Existence of promising Medicare reimbursement policies and advent of versatile and conservative items is set lift industry development. Europe sleep apnea devices market measure is foreseen to encounter significant growth in terms of revenue. New controls for PAP gadgets, developing medicinal services consumption and presentation of advanced products are the portion of the components driving business development. In 2015 Germany sleep apnea devices market was over USD 450 million and estimate to develop at huge rate inferable from expanding sickness commonness and rising consciousness levels of patients. In 2015 Japan sleep apnea devices market size will add to more than 44 percent of local income. Existence of large number of patients, expanding dispensable earnings and high medicinal services use will fuel industry development.

Competitive Insights

Major players in this market include BMC Medical Co Ltd, ResMed, Curative Medical Inc, GE Healthcare, Fisher & Paykel Healthcare, Braebon Medical Corporation, Compumedics, Cadwell Industries Inc, Phillips Healthcare and Nihon Kohden. The global sleep apnea devices market is oligopolistic in nature with Fisher & Paykel, Phillips Respironics, ResMed, and CareFusion represented for nearly 90 percent of the market share.

The global Sleep Apnea Devices Market-

By Product:

  • Therapeutic Devices
    • Airway Clearance Systems
    • Oral Appliances
    • Adaptive Servo Ventilation (ASV) Systems
    • Positive Airway Pressure (PAP) Devices
    • Oxygen Devices
    • Others
  • Diagnostic Devices
    • Single Channel Screening Devices (Pulse Oximeters)
    • Actigraphy Systems
    • Respiratory Polygraph
    • Polysomnography (PSG) Devices

By Region

  • North America
  • U.S
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Rest of Europe
  • Asia-Pacific
  • Japan
  • China
  • Australia
  • India
  • South Korea
  • Rest of Asia Pacific
  • Rest of the World
  • Brazil
  • South Africa
  • Saudi Arabia
  • United Arab Emirates
  • Others

Some of the key questions answered by the report are:

  • What was the market size in 2014 and forecast from 2020 to 2023?
  • What will be the industry market growth from 2016 to 2023?
  • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
  • What are the major segments leading the market growth and why?
  • Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

Market Classification

  • Sleep Apnea Devices Market, By Product, Estimates and Forecast, 2014-2023 ($Million)
  • Therapeutic devices
  • Adaptive Servo-Ventilation Systems
  • Airway Clearance Systems
  • Oral appliances
  • Oxygen devices
  • Positive Airway Pressure (PAP) devices
  • Other therapeutic devices
  • Diagnostic devices
  • Actigraphy systems
  • Polysomnography (PSG) devices
  • Respiratory polygraphs
  • Single-channel screening devices pulse oximeters
  • Sleep Apnea Devices Market, By Region, Estimates and Forecast, 2014-2023 ($Million)
    • North America
  • North America Sleep Apnea Devices Market , By Country
  • North America Sleep Apnea Devices Market , By Product
    • U.S. Sleep Apnea Devices Market , By Product
    • Canada Sleep Apnea Devices Market , By Product
    • Mexico Sleep Apnea Devices Market , By Product
    • Europe
  • Europe Sleep Apnea Devices Market , By Country
  • Europe Sleep Apnea Devices Market , By Product
    • Germany Sleep Apnea Devices Market , By Product
    • France Sleep Apnea Devices Market , By Product
    • UK Sleep Apnea Devices Market , By Product
    • Italy Sleep Apnea Devices Market , By Product
    • Spain Sleep Apnea Devices Market , By Product
    • Rest of Europe Sleep Apnea Devices Market , By Product
    • Asia-Pacific
      • Asia-Pacific Sleep Apnea Devices Market , By Country
      • Asia-Pacific Sleep Apnea Devices Market , By Product
        • Japan Sleep Apnea Devices Market , By Product
        • Australia Sleep Apnea Devices Market , By Product
        • India Sleep Apnea Devices Market , By Product
        • South Korea Sleep Apnea Devices Market , By Product
        • Rest of Asia-Pacific Sleep Apnea Devices Market , By Product
    • Rest of the World
      • Rest of the World Sleep Apnea Devices Market , By Country
      • Rest of the World Sleep Apnea Devices Market , By Product
        • Brazil Sleep Apnea Devices Market , By Product
        • South Africa Sleep Apnea Devices Market , By Product
        • Saudi Arabia Sleep Apnea Devices Market , By Product
        • Turkey Sleep Apnea Devices Market , By Product
        • United Arab Emirates Sleep Apnea Devices Market , By Product
        • Others Sleep Apnea Devices Market , By Product

Table of Contents

1.       Introduction

1.1.       Report Description

1.2.       Research Methodology

1.2.1.  Secondary Research

1.2.2.  Primary Research

2.       Executive Summary

2.1.       Key Highlights

3.       Market Overview

3.1.       Introduction

3.1.1.  Market Definition

3.1.2.  Market Segmentation

3.2.       Market Dynamics

3.2.1.  Drivers

3.2.1.1.    Growing Geriatric Population Base

3.2.1.2.    Growing Prevalence of Sleep Apnea

3.2.1.3.    Introduction of Technological Advancements

3.2.2.  Restraints

3.2.2.1.    Economic Impact of Sleep Apnea

3.2.2.2.    Lack of Patient Compliance

3.2.3.  Opportunities

3.2.3.1.    Emerging Markets to Offer Lucrative Growth Opportunities

4.       Sleep Apnea Devices Market, By Product

4.1.       Introduction

4.2.       Global Sleep Apnea Devices Sales, Revenue and Market Share by Product (2014-2017)

4.2.1.  Global Sleep Apnea Devices Sales and Sales Share by Product (2014-2017)

4.2.2.  Global Sleep Apnea Devices Revenue and Revenue Share by Product (2014-2017)

4.3.       Sleep Apnea Devices Market  Assessment and Forecast, By Product, 2014-2023

4.4.       Therapeutic Devices

4.4.1.  Market Assessment and Forecast, By Type, 2014-2023($Million)

4.4.2.  Market Assessment and Forecast, By Region, 2014-2023($Million)

4.4.3.  Adaptive Servo-Ventilation Systems

4.4.3.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.4.  Airway Clearance Systems

4.4.4.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.5.  Oral Appliances

4.4.5.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.6.  Oxygen devices

4.4.6.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.7.  Positive Airway Pressure (PAP) devices

4.4.7.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.4.8.  Other therapeutic devices

4.4.8.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.5.       Diagnostic devices

4.5.1.  Market Assessment and Forecast, By Type, 2014-2023($Million)

4.5.2.  Market Assessment and Forecast, By Region, 2014-2023($Million)

4.5.3.  Actigraphy systems

4.5.3.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.5.4.  Polysomnography (PSG) devices

4.5.4.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.5.5.  Respiratory polygraphs

4.5.5.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

4.5.6.  Single-channel screening devices pulse oximeters

4.5.6.1.    Market Assessment and Forecast, By Region, 2014-2023 ($Million)

5.       Sleep Apnea Devices Market, By Region

5.1.       Introduction

5.2.       Sleep Apnea Devices Market   Assessment and Forecast, By Region, 2014-2023($Million)

5.3.       Global Sleep Apnea Devices Sales, Revenue and Market Share by Regions

5.3.1.  Global Sleep Apnea Devices Sales by Regions (2014-2017)

5.3.2.  Global Sleep Apnea Devices Revenue by Regions (2014-2017)

5.4.       North America

5.4.1.  North America Sleep Apnea Devices Sales and Growth Rate (2014-2017)

5.4.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

5.4.3.  Market Assessment and Forecast, By Product, 2014-2023($Million)

5.4.4.  U.S.

5.4.4.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.4.5.  Canada

5.4.5.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.4.6.  Mexico

5.4.6.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.5.       Europe

5.5.1.  Europe Sleep Apnea Devices Sales and Growth Rate (2014-2017)

5.5.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

5.5.3.  Market Assessment and Forecast, By Product, 2014-2023($Million)

5.5.4.  Germany

5.5.4.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.5.5.  France

5.5.5.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.5.6.  UK

5.5.6.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.5.7.  Italy

5.5.7.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.5.8.  Spain

5.5.8.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.5.9.  Rest of Europe

5.5.9.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.6.       Asia-Pacific

5.6.1.  Asia-Pacific Sleep Apnea Devices Sales and Growth Rate (2014-2017)

5.6.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

5.6.3.  Market Assessment and Forecast, By Product, 2014-2023($Million)

5.6.4.  Japan

5.6.4.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.6.5.  China

5.6.5.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.6.6.  Australia

5.6.6.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.6.7.  India

5.6.7.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.6.8.  South Korea

5.6.8.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.6.9.  Rest of Asia-Pacific

5.6.9.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.7.       Rest of the World

5.7.1.  Rest of the World Sleep Apnea Devices Sales and Growth Rate (2014-2017)

5.7.2.  Market Assessment and Forecast, By Country, 2014-2023($Million)

5.7.3.  Market Assessment and Forecast, By Product, 2014-2023($Million)

5.7.4.  Brazil

5.7.4.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.7.5.  Turkey

5.7.5.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.7.6.  Saudi Arabia

5.7.6.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.7.7.  South Africa

5.7.7.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.7.8.  United Arab Emirates

5.7.8.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

5.7.9.  Others

5.7.9.1.    Market Assessment and Forecast, By Product, 2014-2023($Million)

6.       Company Profiles

6.1.       BMC Medical Co., Ltd.

6.1.1.  Business Overview

6.1.2.  Product Portfolio

6.1.3.  Strategic Developments

6.1.4.  Sleep Apnea Devices Sales, Revenue and Market Share

6.2.        Braebon Medical Corporation

6.2.1.  Business Overview

6.2.2.  Product Portfolio

6.2.3.  Strategic Developments

6.2.4.  Sleep Apnea Devices Sales, Revenue and Market Share

6.3.       Cadwell Laboratories Inc.

6.3.1.  Business Overview

6.3.2.  Product Portfolio

6.3.3.  Strategic Developments

6.3.4.  Sleep Apnea Devices Sales, Revenue and Market Share

6.4.       CareFusion Corp.

6.4.1.  Business Overview

6.4.2.  Product Portfolio

6.4.3.  Strategic Developments

6.4.4.  Sleep Apnea Devices Sales, Revenue and Market Share

6.5.       Compumedics Limited

6.5.1.  Business Overview

6.5.2.  Product Portfolio

6.5.3.  Strategic Developments

6.5.4.  Sleep Apnea Devices Sales, Revenue and Market Share

6.6.       Curative Medical Inc.

6.6.1.  Business Overview

6.6.2.  Product Portfolio

6.6.3.  Strategic Developments

6.6.4.  Sleep Apnea Devices Sales, Revenue and Market Share

6.7.       Fisher & Paykel Healthcare

6.7.1.  Business Overview

6.7.2.  Product Portfolio

6.7.3.  Strategic Developments

6.7.4.  Sleep Apnea Devices Sales, Revenue and Market Share

6.8.       GE Healthcare

6.8.1.  Business Overview

6.8.2.  Product Portfolio

6.8.3.  Strategic Developments

6.8.4.  Sleep Apnea Devices Sales, Revenue and Market Share

6.9.       ImThera Medical, Inc.

6.9.1.  Business Overview

6.9.2.  Product Portfolio

6.9.3.  Strategic Developments

6.9.4.  Sleep Apnea Devices Sales, Revenue and Market Share

6.10.    Invacare Corporation

6.10.1.      Business Overview

6.10.2.      Product Portfolio

6.10.3.      Strategic Developments

6.10.4.      Sleep Apnea Devices Sales, Revenue and Market Share

6.11.    Itamar Medical Ltd.

6.11.1.      Business Overview

6.11.2.      Product Portfolio

6.11.3.      Strategic Developments

6.11.4.      Sleep Apnea Devices Sales, Revenue and Market Share

7.       Global Sleep Apnea Devices Market  Competition, by Manufacturer

7.1.       Global Sleep Apnea Devices Sales and Market Share by Manufacturer (2016-2017)

7.2.       Global Sleep Apnea Devices Revenue and Market Share by Manufacturer (2016-2017)

7.3.       Top 5 Sleep Apnea Devices Manufacturer Market Share

7.4.       Market Competition Trend


List of Tables

*You can glance through the list of Tables and Figures when you view the sample copy of Sleep Apnea Devices Market.


Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix

Supply Side

Demand Side

Primary Data Sources

  • Manufacturers
  • Distributors & Wholesalers
  • GPOs
  • Physicians/Specialist
  • Healthcare Providers
  • Consumers

Secondary Data Sources

  • Annual Reports/SEC Filings/ Investor Presentations/ Press Releases
  • Government/Associations Publications
  • Case Studies
  • Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

  • Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:
  • Number of patients for particular device or medical procedure and
  • Repeated use of particular device depending on health and condition of patient
  • Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

data triangulation

Industry Analysis

Qualitative Data

Quantitative Data (2017-2025)

  • Market Dynamics (Drivers, Restraints, and Challenges)
  • Industry Trend Analysis
  • Market Opportunities
  • Government Policies and Regulations, Patent Analysis, and Reimbursement Policies
  • Porter’s Five Forces and PESTLE Analysis
  • Key Developments and Competitive Landscape
  • Market Assessment and Forecast
  • Market Assessment and Forecast, By Product
  • Market Assessment and Forecast, By Technology
  • Market Assessment and Forecast, By Application
  • Market Assessment and Forecast, By End User
  • Market Assessment and Forecast, By Region/Country

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