Sleep Apnea and Respiratory Monitoring Devices Market and Market

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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According to the latest research by InsightAce Analytic, the global sleep apnea and respiratory monitoring devices market is valued at USD 6.68 billion in 2021 and is expected to reach USD 12.03 billion by 2030, at a CAGR of 7 .06% in the forecast period 2024-2031.

Sleep apnea: the silent threat and the rise of breathing monitoring devices
Sleep apnea is a potentially life-threatening sleep disorder characterized by irregular breathing patterns. People at increased risk include:
• Older adults: Age is an important risk factor for sleep apnea.
• People with existing diseases: diabetes, hypertension and

cardiovascular diseases may increase the likelihood of sleep apnea.
Obstructive sleep apnea (OSA): The most common type of sleep apnea, OSA, occurs when the upper airway becomes blocked during sleep. Early detection and treatment are crucial to prevent complications.

Dangers of untreated sleep apnea:
• Oxygen deficiency: If left untreated, sleep apnea disrupts the flow of oxygen to the brain and body, leading to a variety of health problems.
• Health consequences: Sleep apnea can contribute to high blood pressure, heart attack, stroke and cognitive decline.

Respiratory monitoring devices: a breath of fresh air
Patients suffering from sleep apnea often use breathing monitoring devices.

These devices can:
• Breathing support: Helps regulate breathing patterns and ensure adequate oxygen supply while you sleep.

• Airway management: Some devices, such as continuous positive airway pressure (CPAP) machines, keep the airway open by providing a constant flow of air.

Application:
Sleep apnea poses a serious health threat, but with early diagnosis and treatment, you can experience improvements in your sleep quality and overall well-being. Respiratory monitoring devices play a key role in treating sleep apnea and promoting better health outcomes.

The main factors influencing the growth of the sleep apnea and respiratory monitoring devices market are the large number of undiagnosed patients, the development of public and private sector projects aimed at raising public and clinical awareness about sleep apnea, significant financing of ventures in the sleep apnea area, increasing use of devices oral medications and technological progress. The availability of favorable reimbursements and financial assistance for sleep apnea devices and therapies is one of the major aspects driving the growth of the sleep apnea and respiratory monitoring devices market.

The industry is also impacted by increased awareness of the harmful consequences of untreated sleep apnea. Additionally, the increase in demand for home sleep apnea tests (HSAT) would provide lucrative opportunities for market participants. The market for sleep apnea and respiratory monitoring devices will grow even more as mHealth (mobile health), artificial intelligence and telemedicine become more important.

North America is expected to account for the largest share of the sleep apnea and respiratory monitoring devices market during the forecast years, followed by Europe. The market is driven by the increasing incidence of respiratory diseases that cause some type of sleep disorders. Moreover, as more people become concerned about the health risks associated with sleep apnea, the number of therapeutic tests to determine its prevalence in the region is growing rapidly. Additionally, the sleep apnea and respiratory monitoring device market in the Asia-Pacific region is expected to grow significantly over the projection period.

The Asia-Pacific market is driven by an aging population and an increase in the prevalence of lifestyle-related ailments. According to WHO, chronic respiratory diseases, diabetes, circulatory system diseases and cancer are the main causes of death in the region.

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.

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 Devices market industry

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