Sleep Apnea Devices Market to 2025
Publication Month: Apr 2018 | No. of Pages: 171 |
Report Code: TIPHE100000846 | | Category: Medical Device
The sleep apnea devices market is estimated to grow at a CAGR of 7.9% during the forecast period from 2018 to
2025. The market for sleep apnea devices is estimated to reach US$ 8,305.3 Mn in 2025. The market for sleep
apnea devices is witnessing a potential growth rate during the previous years and is expected to witness similar
trend in the coming years. Additionally, major players in the market are engaged in research and development
activities. Various players have been upgrading their product portfolio by applying for approvals. In May, 2017,
Res Med launched soft CPAP Mask. With expansion activities, companies are focusing towards strengthening
their customer base by providing services to varied applications. For instance, in May, 2014, SomnoMed Ltd.
expanded its business in Portugal and Spain.
The market for sleep apnea devices is well established in North America region, especially in the US and Canada.
The market is the US is governed by the presence of key players manufacturing sleep apnea devices such CPAP
devices.
The major players operating in the market of sleep apnea devices market include RedMed, Koninklijke Philips
N.V., Fisher & Paykel, Braebon Medical Corporation, Compumedics Limited, BMC Medical Co., Ltd., Fisher &
Paykel Healthcare Limited, SomnoMed Limited, Weinmann Emergency Medical Technology GmbH Co. KG,
Devilbiss Healthcare LLC and others.
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