The Australia sleep apnea devices market
is bound to experience impressive growth with anticipated CAGR in the forecast
period, 2023-2027, on account of rapidly increasing
cases of sleep apnea among the population of the country. Moreover, the advancing healthcare industry is innovating better
technologically advanced devices for the early diagnosis and treatment for
sleep apnea are some of the major factors affecting the growth of the Australia
sleep apnea devices market in the upcoming five years.
Additionally, the
geriatric population of the country is increasing rapidly. The population aged
60 and more is more prone to sleep apnea and thus driving the growth of the
market. Also, the consumers are now growing aware of the ill effects of
untreated and undiagnosed sleep apnea and are inclined toward gathering more
information and being prepared therefore supporting the growth of the Australia
sleep apnea devices market in the next five years.
The demand for early
diagnosis and effective treatment is also aiding the growth of the market.
Research and technological advancement in providing better and effective
devices for the diagnosis and treatment of sleep apnea is substantiating the
growth of the Australia sleep apnea devices market in the future five years until
2027.
Furthermore, changed lifestyle,
prolonged daily schedules, and cases of insomnia are also aiding to the rising
number of cases for sleep apnea and thus supporting the growth of the market.
The Australia sleep apnea devices market
is segmented on the basis of type, indication, end-user, regional distribution,
and competitive landscape. Based on type, the market is further divided between
therapeutic and diagnosis. Diagnostic sleep apnea
devices are expected to hold the largest shares of the market and assert
their dominance over the market segment in the upcoming five years on account
of a surge in demand for the effective and definitive
diagnostic process for sleep apnea.
Moreover, advancing technology for
diagnostic devices is further supporting the growth of the market in the
upcoming five years. Therapeutic devices are also expected to register
significant growth in the upcoming five years on account of innovating and
evolving therapies for sleep apnea. Moreover, consistent research and
advancement are aiding the growth of the market in the next five years.
A partial list of market players in the
Australia sleep apnea devices market includes Fisher
& Paykel Healthcare Corporation Limited, SomnoMed Limited, Compumedics
Limited, ResMed Inc (Australia), Philips Australia, Oventus Medical Australia,
WellOZ Australia, Bespoke Medical Innovations Pty Ltd, DeVilbiss Healthcare Pty
Ltd., Invacare Australia Pty Ltd. among others. These market players hold
larger shares of the market than the new market players.
With the evolving
technology, it is appropriate to say that the effective research and
development of technologically advanced instruments and methods to satisfy
consumer demands would support the market growth and benefit the market players
as well as the consumers. New market players may focus on the research and
development to provide such products and services that satisfy the consumer
demand as well as benefits the market players in building their brand value.
Other competitive strategies include mergers & acquisitions and new product
developments.
Objective
of the Study:
- To
analyze the historical growth of the
market size of Australia sleep apnea devices market from 2017 to 2020.
- To
estimate and forecast the market size of Australia sleep apnea devices market
from 2021 to 2027 and growth rate until 2027.
- To classify and
forecast Australia sleep apnea devices market based on product type, indication,
end user, competitional landscape, and regional distribution.
- To identify dominant region or segment in the Australia sleep apnea
devices market.
- To
identify drivers and challenges for Australia sleep apnea devices market.
- To
examine competitive developments such as expansions, new product launches,
mergers & acquisitions, etc., in Australia sleep apnea devices market.
- To identify and analyze the profile
of leading players operating in Australia sleep apnea devices market.
- To identify key sustainable strategies adopted by market players in
Australia sleep apnea devices market.

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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers, suppliers, and service providers across the country.
Subsequently, TechSci Research conducted primary research surveys with the
identified companies. While interviewing, the respondents were also enquired
about their competitors. Through this technique, TechSci Research could include
the manufactures which could not be identified due to the limitations of
secondary research. TechSci Research analyzed the manufactures, distribution
channels and presence of all major players across the country.
TechSci Research calculated the market size of Australia sleep apnea devices market using a bottom-up approach,
wherein data for various end-user segments was recorded and forecast for the
future years. TechSci Research sourced these values from the industry experts
and company representatives and externally validated through analyzing
historical data of these product types and applications for getting an
appropriate, overall market size. Various secondary sources such as company
websites, news articles, press releases, company annual reports, investor
presentations and financial reports were also studied by TechSci Research.
Key
Target Audience:
- Sleep apnea devices manufacturers, end users, and other
stakeholders
- Distributers and suppliers of the products and other stakeholders
- Organizations, forums, and alliances related to sleep apnea devices
- Market research and consulting firms
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers, end users, etc., besides allowing them in strategizing investments
and capitalizing on market opportunities.
Attribute
|
Details
|
Base Year
|
2021
|
Historic Data
|
2017 – 2020
|
Estimated Year
|
2022
|
Forecast Period
|
2023 – 2027
|
Quantitative Units
|
Revenue in USD Million and CAGR for 2017-2021 and 2022-2027
|
Report Coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments Covered
|
·
Type
·
Indication
·
End User
|
Regional Scope
|
Capital
Territory & New South Wales; Victoria & Tasmania; Western Australia; Queensland;
Northern Territory & Southern
|
Key Companies Profiled
|
Fisher & Paykel Healthcare Corporation Limited, SomnoMed
Limited, Compumedics Limited, ResMed Inc (Australia), Philips Australia,
Oventus Medical Australia, WellOZ Australia, Bespoke Medical Innovations Pty
Ltd, DeVilbiss Healthcare Pty Ltd., Invacare Australia Pty Ltd.
|
Customization Scope
|
10% free
report customization with purchase. Addition or alteration to regional &
segment scope.
|
Pricing And Purchase Options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
Delivery Format
|
PDF and
Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
|
Report Scope:
In this report, Australia sleep apnea devices market has been segmented into
following categories, in addition to the industry trends which have also been
detailed below:
- Australia Sleep Apnea Devices Market,
By Type:
o Therapeutic
o Diagnostic
- Australia Sleep Apnea Devices Market,
By Indication:
- Australia Sleep Apnea Devices Market,
By End User:
- Hospitals & Clinics
- Homecare
- Others
- Australia Sleep Apnea Devices Market,
By Region:
- Northern Territory & Southern
- Queensland
- Western Australia
- Victoria & Tasmania
- Capitol Territory & New South
Wales
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Australia sleep apnea devices market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
Australia Sleep apnea
devices Market is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
us at [email protected]
In case you don’t find what you are looking for, please get in touch with our custom research team at [email protected]