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Sleep Apnea and Respiratory Monitoring Devices Market: Global

Sleep Apnea and Respiratory Monitoring Devices Market: Global

Sleep Apnea and Respiratory Monitoring Devices Market Worth $12.03 Billion by 2030 – Exclusive InsightAce Analytic Report

InsightAce Analytics Sp. Ltd. announces the publication of a market assessment report on ‘Global Sleep Apnea and Respiratory Monitoring Devices Market’ – By-products (Polysomnography (PSG) Devices, Sleep Apnea Screening Devices, Actigraphy Monitoring Devices, Respiratory Polygraph, Peak Flow Meters , gas analyzers, Pulse Oximeter/Finger Oximeter and other products), end users (hospitals and sleep labs, home care facilities and other end users), trends, industry competitive analysis, revenue and forecast for 2030.”

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The global sleep apnea and respiratory monitoring device market is estimated to be worth $6.68 billion in 2021. It is projected to grow at a compound annual growth rate (CAGR) of 7.06% from 2022 to 2030, according to the latest research by InsightAce Analytics. Irregular breathing patterns characterize a potentially fatal sleep-related condition known as sleep apnea. Older people and people with diabetes, hypertension, cardiovascular disease and other conditions are at greater risk of this syndrome.

The most common type of sleep apnea in the world is called obstructive sleep apnea (OSA), and treatment tools and early identification are essential for prevention. If sleep apnea is not addressed, the brain and the rest of the body do not receive enough oxygen, which causes irregular breathing during sleep. Patients suffering from sleep apnea often receive assistance and breathing regulation through breathing monitoring devices.

Sleep apnea treatment devices help open your airways and help you breathe regularly by providing a constant flow of oxygen. A large number of undiagnosed patients, growing public and private sector initiatives to increase clinical and social awareness about sleep apnea, significant funding for ventures in the field of sleep apnea, increasing use of oral appliances and technological advancements are the main factors driving the growth of the breathing and monitoring devices market. sleep apnea. One of the main factors driving the growth of sleep apnea monitoring devices and respiratory monitoring devices in the market is the availability of favorable reimbursements and financial assistance for sleep apnea devices and treatments.

Growing awareness of the harmful effects of untreated sleep apnea is also having an impact on the industry. Moreover, an increase in demand for home sleep apnea tests, or HSATs, would create profitable prospects for industry players. With the popularity of telemedicine, artificial intelligence and mHealth (mobile health), the market for respiratory and sleep apnea monitoring devices will grow even more. North America is expected to be the top contributor to the sleep apnea and respiratory monitoring device market in the projected years, followed by Europe.

The increasing number of respiratory diseases causing sleep disorders is driving the market. Additionally, the number of therapeutic tests available in the region to diagnose sleep apnea is growing rapidly as more people become aware of the health risks it poses. Moreover, the Asia-Pacific sleep apnea and respiratory monitoring devices market is expected to witness significant growth during the forecast year. An aging population and an increase in the incidence of lifestyle diseases are driving the Asia-Pacific market. The WHO lists cancer, diabetes, heart disease and chronic respiratory diseases as some of the leading causes of death in the area.

Major market players operating in the sleep apnea and respiratory monitoring devices market include DeVilbiss Healthcare LLC., Vyaire Medical, Inc., Medtronic plc, Mindray, Dickinson and Company, Natus Medical Incorporated, Nihon, Kohden Corporation, ResMed, Cleveland Medical Devices, Inc., Smiths Medical, Koninklijke Philips NV, Fisher & Paykel Healthcare Limited, SOMNOmedics America Inc., Itamar Medical Ltd., Compumedics Ltd., Becton, BMC Medical Co., Ltd. and a list of other prominent players.

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Recent collaborations and agreements on the market:

• In June 2021, Aeroflow health and Oventus Medical partnered to bring Oventus OSA therapy devices, including O2Vent Optima, to consumers in the United States through sleep clinics.

• In February 2021, with the launch of the 02Vent Optima device from Oventus Medical, a personalized oral appliance therapy device was presented, which, in cooperation with GoPAPfree, is a substitute for CPAP therapy in the United States.

• In March 2019, HB health was acquired by ResMed, a provider of home medical equipment specializing in sleep and respiratory care devices.
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Market segments

Global Sleep Apnea and Respiratory Monitoring Devices Market, by Product, 2022-2030 ($Mn Value)

• Polysomnography device (PSG)
• Sleep apnea testing device
• Actigraphy monitoring device
• Respiratory polygraph
• Peak flow meters
• Gas analyzers
• Pulse oximeter/finger oximeter
• Other products

Global Sleep Apnea and Respiratory Monitoring Devices Market by End User, 2022-2030 ($Mn Value)

• Hospitals and sleep laboratories
• Home Care Settings
• Other end users

Global Sleep Apnea and Respiratory Monitoring Devices Market, by Region, 2022-2030 (USD Million Value)

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

North America Sleep Apnea and Respiratory Monitoring Devices Market, by Country, 2022-2030 (USD Million Value)

• US
• Canada

European Sleep Apnea and Respiratory Monitoring Devices Market, by Country, 2022-2030 (USD Million Value)

• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific Sleep Apnea and Respiratory Monitoring Devices Market, by Country, 2022-2030 (USD Million Value)

• India
• China
• Japan
• South Korea
• Australia and New Zealand

Latin America Sleep Apnea and Respiratory Monitoring Devices Market, by Country, 2022-2030 (USD Million Value)

• Brazil
• Mexico
• Rest of Latin America

Middle East and Africa Sleep Apnea and Respiratory Monitoring Devices Market, by Country, 2022-2030 (USD Million Value)

• GCC countries
• South Africa
• Rest of the Middle East and Africa

Why you should buy this report:
 To obtain a comprehensive analysis of the prospects of the global Sleep Apnea and Respiratory Monitoring Devices market
 To get an overview of the industry and future trends in the Sleep Apnea and Respiratory Monitoring Devices market
 Analysis of market drivers and challenges related to sleep apnea and respiratory monitoring devices
 To obtain information on the forecast market value of sleep apnea and respiratory monitoring devices (in USD million) to 2030.
 Significant investments, mergers and acquisitions in the sleep apnea and respiratory monitoring device market industry

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