Report Description

United States sleep apnea devices market is expected to grow at a significant rate during the forecast period. Presence of large pool of undiagnosed sleep apnea suffering patients along with growing awareness about the adverse effects of untreated sleep apnea is the major driver for the sleep apnea devices market growth. High-end investments by the sleep apnea devices manufacturers for technological advancements of the devices and huge capital funding is expected to accelerate the growth of the market. Strong economic position of the United States and well-developed health infrastructure is expected to influence the market. Increasing initiatives taken by the government authorities and organizations to raise awareness about the effects of sleep apnea on human body is fostering the growth of the sleep apnea devices market. Surge in the cases of obesity due to adoption of unhealthy eating habits such as junk food and sugary food items and beverages, among others and sedentary lifestyle is giving rise to development of sleep apnea disease. Presence of disposable income among the families is aiding to increase the expenditure capacity of the consumers which is further accelerating the sleep apnea devices market growth. Increase in old age population in United States and there is high prevalence of sleep apnea in elderly population as there are less aware about the disease and the disease remains undiagnosed which affects the health conditions of the elderly people adversely.

United States sleep apnea devices market is segmented into type, end user, regional distribution, and company. Based on end user, market is further divided into hospitals & clinics, homecare, and others. The hospitals & clinics segment is expected to account for major market share for the forecast period, 2023-2027. Rise in number of sleep tests performed using clinical polysomnography device is fostering the growth of the market.

The major players operating in the United States sleep apnea devices market are ResMed Inc., Philips Healthcare USA, Fisher & Paykel Healthcare Inc., Nihon Kohden America Inc., Invacare Corporation, Devilbiss Healthcare LLC (Medical Depot, Inc.), GE Healthcare, Natus Medical Incorporated, Somnetics International, Inc., Curative Medical, Inc., among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

  • To analyze the historical growth of the market size of United States sleep apnea devices market from 2017 to 2020.
  • To estimate and forecast the market size of United States sleep apnea devices market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast United States sleep apnea devices market based on type, end user, regional distribution, and company.
  • To identify dominant region or segment in the United States sleep apnea devices.
  • To identify drivers and challenges for United States sleep apnea devices market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States sleep apnea devices market.
  • To identify and analyze the profile of leading players operating in United States sleep apnea devices market.
  • To identify key sustainable strategies adopted by market players in United States 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 across the globe. 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 manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of United States 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 manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to sleep apnea devices market.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022E

Forecast Period

2023F – 2027F

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         End User

Region Scope

South-Region, West-Region, Mid-West Region & Northeast-Region

Key Companies Profiled

ResMed Inc., Philips Healthcare USA, Fisher & Paykel Healthcare Inc., Nihon Kohden America Inc., Invacare Corporation, Devilbiss Healthcare LLC (Medical Depot, Inc.), GE Healthcare, Natus Medical Incorporated, Somnetics International, Inc., Curative Medical, Inc.

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, United States sleep apnea devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         United States Sleep Apnea Devices Market, By Type:

    • Therapeutic
    • Diagnostic  
  • United States Sleep Apnea Devices Market, By End User:
    • Hospitals & Clinics
    • Homecare
    • Others
  • United States Sleep Apnea Devices Market, By Region:
    • South
    • West
    • Mid-West
    • North East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States 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).

United States 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]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on United States Sleep Apnea Devices Market

4.    Executive Summary

5.    Voice of Customer

6.    United States Sleep Apnea Devices Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Therapeutic v/s Diagnostic)

6.2.2.     By End User (Hospitals & Clinics, Homecare, Others)

6.2.3.     By Region

6.2.4.     By Company (2021)

6.3.  Product Market Map

7.    United States Therapeutic Sleep Apnea Devices Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type (Positive Airway Pressure Devices, Facial Interfaces, Oral Appliances, Adaptive Servo-Ventilators, Others)

7.2.2.     By End User

8.    United States Diagnostic Sleep Apnea Devices Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type (Polysomnography Devices, Home Sleep Testing Devices, Sleep Screening Devices, Oximeters, Others)

8.2.2.     By End User

9.    Market Dynamics

9.1.  Drivers

9.2.  Challenges

10.  Market Trends & Developments

11.  Policy & Regulatory Landscape

12.  United States Economic Profile

13.  Competitive Landscape

13.1.              Company Profiles

13.1.1.  ResMed Inc.

13.1.2.  Philips Healthcare USA

13.1.3.  Fisher & Paykel Healthcare Inc.

13.1.4.  Nihon Kohden America Inc.

13.1.5.  Invacare Corporation

13.1.6.  Devilbiss Healthcare LLC (Medical Depot, Inc.)

13.1.7.  GE Healthcare

13.1.8.  Natus Medical Incorporated

13.1.9.  Somnetics International, Inc.

13.1.10.                Curative Medical, Inc.

14. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Growing awareness about the adverse effects of untreated sleep apnea, along with high-end investments by the sleep apnea devices manufacturers for technological advancements of the devices are driving the growth of the United States sleep apnea devices market in the forecast years, 2023-2027.

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ResMed Inc., Philips Healthcare USA, Fisher & Paykel Healthcare Inc., Nihon Kohden America Inc., Invacare Corporation, Devilbiss Healthcare LLC (Medical Depot, Inc.), among others are some of the leading companies dedicated toward providing related products and services and support the future growth of the United States sleep apnea devices market in the upcoming five years.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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The United States sleep apnea devices market analysis was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2020 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

profile

Sakshi Bajaal

Business Consultant
Press Release

Therapeutic segment to dominate the United States Sleep Apnea Devices Market

Jun, 2021

Increasing geriatric population and surge in prevalence of lifestyle disorders is expected to drive the demand for United States sleep apnea devices market for the forecast period.