How is the Sleep Apnea Devices Market Projected to Grow Both Historically and Forecast-wise?
The sleep apnea devices market size showed strong growth in recent years. It swelled from $7.94 billion in 2024 to an anticipated $8.43 billion in 2025, translating to a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to factors including the aging population, obesity epidemic, increased recognition of comorbidities, and increased global awareness and prevalence of sleep apnea.
The sleep apnea devices market size is projected to experience robust growth in the forthcoming years; expected to reach $11.72 billion in 2029 at a compound annual growth rate (CAGR) of 8.6%. The upcoming growth can be ascribed to advancements such as home sleep testing, personalized treatment approaches, increasing adoption of oral appliances, focus on pediatric sleep apnea, patient compliance improvement, emerging markets and increased accessibility. The forecasted period should see trends like telemedicine, remote monitoring, portable devices, wearable technology integrations, customized therapies, and research in implantable devices.
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What Drives the Sleep Apnea Devices Market Growth?
A significant growth driver for the sleep apnea devices market is the rising prevalence of sleep apnea disorders. Sleep apnea devices are instrumental in treating sleep apnea disorders and preventing sleep disturbances. These devices continuously pump pressurized air through tubing into a sleep mask, preventing the patient’s airways from collapsing. For instance, according to the American Medical Association (AMA), a medical organization in the US, in April 2022, about 30 million people in the US suffered from sleep apnea. Consequently, the rising prevalence of sleep apnea disorders fuels growth in the sleep apnea device market.
What Are the Major Segments of the Sleep Apnea Devices Market?
1) Product Type: Airway Clearance System, Adaptive Servo-Ventilation (ASV), Positive Airway Pressure (PAP) Devices, Oral Appliances, Oxygen Devices, Sleep Screening Devices, Actigraphy Systems, Polysomnography (PSG) Device, Respiratory Polygraph
2) Patient Type: Pediatric, Adult, Geriatric
3) Disease: Obstructive Sleep Apnea Syndrome, Central Sleep Apnea Syndrome, Complex Sleep Apnea Syndrome
4) End User: Hospitals and Clinics, Diagnostic Centers, Ambulatory Care Centers, Specialty Care Center, Home Healthcare
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What Key Players Operate in the Sleep Apnea Devices Market?
Major players in the sleep apnea devices market include ResMed Inc., Fisher And Paykel Healthcare Corporation Limited, Natus Medical Incorporated, Compumedics Limited, Somnoware Healthcare Systems Inc., DeVilbiss Healthcare LLC, Braebon Medical Corporation, Koninklijke Philips N.V., BMC Medical Co. Ltd., Lowenstein Medical Technology GmbH Co. KG, Nihon Kohden Corporation, Invacare Corporation, Cadwell Industries Inc., Oventus Medical Ltd., Inspire Medical Systems Inc., Itamar Medical Ltd., APEX Medical Corp., Drive DeVilbiss Healthcare, 3B Medical Inc., Airing LLC, Airway Management Inc., Bleep LLC, Circadiance LLC, GE Healthcare, HOFFRICHTER GmbH, Human Design Medical LLC, ImThera Medical Inc., Provent Sleep Therapy LLC, Resonea Inc., Sleepnet Corporation.
What Trends Are Emerging in the Sleep Apnea Devices Market?
Major companies in the sleep apnea devices market are spearheading efforts to create innovative devices such as bi-level positive airway pressure devices to enhance patient comfort and improve treatment adherence. For instance, in February 2024, ResMed, a US-based medical device company, launched the AirCurve 11 series. It is a new range of bilevel positive airway pressure (PAP) devices designed to enhance treatment for sleep apnea and improve patient comfort and compliance with therapy.
Which Region Will Experience the Fastest Growth in the Sleep Apnea Devices Market?
North America was the largest region in the sleep apnea devices market in 2024. However, Asia-Pacific is projected to be the fastest-growing region during the upcoming forecast period. The report covers regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does the Sleep Apnea Devices Market Report 2025 Offer?
Sleep apnea devices are continuous positive airway pressure (CPAP) equipment that can stop snoring and prevent sleep apnea. A CPAP machine applies the right amount of air pressure to a mask to keep upper airway passages open and prevent snoring and sleep apnea. The Sleep Apnea Devices Market research report from The Business Research Company offers global market size, growth rates, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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