Ultra Market Research | Sleep Apnea Devices Market
Sleep Apnea Devices Market
Report ID : 622
Category : Medical-Devices
No Of Pages : 160
Published on: August 2024
Status: Published
Format :
Key Question Answer
Global Market Outlook
In-depth analysis of global and regional trends
Analyze and identify the major players in the market, their market share, key developments, etc.
To understand the capability of the major players based on products offered, financials, and strategies.
Identify disrupting products, companies, and trends.
To identify opportunities in the market.
Analyze the regional penetration of players, products, and services in the market.
Comparison of major players financial performance.
Evaluate strategies adopted by major players.
Recommendations
Sleep Apnea Devices Market Market for sleep apnea devices was estimated to be worth US$ XX billion in 2023 and is projected to reach US$ XX billion by 2033, expanding at a compound annual growth rate (CAGR) of XX% between 2024 and 2033. Advances in airway pressure technology, such as the use of auto-adjusting CPAP (auto-CPAP) devices, which automatically alter the pressure to guarantee adequate airflow during sleep, are driving the growth of the sleep apnea devices market. Market growth is being aided by the availability of bilevel positive airway pressure (BPAP) machines, which deliver higher pressure during inhalation and lower pressure during expiration. A vital component of treatment for sleep apnea, continuous positive airway pressure (CPAP) machines help maintain open airways, improving the quality of sleep and lowering the risk of heart disease and stroke. The market for sleep apnea equipment is tremendously increasing as a result of these technical advancements and the established health advantages of CPAP therapy.
Market Overview Due to the rising incidence of sleep apnea and the growing number of treatment options available to improve airway patency during sleep, the market for sleep apnea devices is growing quickly. CPAP machines, bespoke mouth appliances, and specifically manufactured pillows are common treatments. bespoke devices have been shown to be more effective than boil and bite alternatives in reducing the number of apnea occurrences per hour. Along with positional therapy, lifestyle changes like quitting smoking and losing weight are frequently advised for milder cases.more sophisticated therapies, such as specialized equipment and surgical procedures, are required for moderate to severe instances. The need for efficient sleep apnea management solutions that enhance patient outcomes and reduce related health risks is driving the market's expansion. .
Regional Stance Geographically, North America leads the world market for sleep apnea devices and is expected to continue to have a dominant position going forward. The reason for this dominance is the high frequency of sleep problems, such as insomnia, which affects around one-third of individuals. Of those who report functional impairments during the day, 10 to 15% do so, and 4 to 22% meet the criteria for insomnia disorder. About 40–50% of people who suffer from sleeplessness also struggle with another mental illness. Approximately one in three adults in the United States do not get enough sleep or rest each day, and nearly 40% say they accidentally nod off during the day at least once a month, according to the Centers for Disease Control and Prevention. Between 50 and 70 million Americans experience persistent sleep disturbances. An estimated eight out of ten Canadians suffer from sleep apnea yet go untreated; it is a disorder where breathing continuously stops and starts during sleep. These elements support North America's strong demand for sleep apnea equipment and the region's dominant position in the market. The rising incidence of sleep apnea and strategic partnerships between global market leaders and local businesses are expected to propel the Asia Pacific region's compound annual growth rate (CAGR) to the highest level throughout the forecast period. This increase is especially noticeable in nations like India, where improvements in sleep therapy are desperately needed. The Asia Pacific sleep apnea devices market is growing as a result of these strategic alliances and the increased prevalence of sleep disorders, establishing the region as a major growth area in the global economy.
Report Highlights By Product The majority market share across the several product segments examined is held by therapeutic devices, with the Positive Airway Pressure (PAP) devices sub-segment projected to rise significantly over the course of the assessment period. PAP machines are the main treatment for sleep apnea, especially obstructive sleep apnea (OSA), which is defined as airway obstruction brought on by the throat or mouth muscles relaxing while the patient is asleep. As the first line of treatment for OSA, PAP therapy uses a machine to pressurize air through a mask, keeping the upper airway open and minimizing snoring, breathing problems, and sleep disturbances. The device uses a mask that is worn over the mouth or nose and is attached to a small machine via a hose to provide constant airway pressure while you sleep.
By End User Major treatment for moderate to severe obstructive sleep apnea (OSA) is continuous positive airway pressure (CPAP) machines, according to a study paper that evaluates a number of end-use sectors, including diagnostic and therapeutic equipment. Constant oxygen delivery keeps the airway open and prevents the throat from collapsing during breathing, which is how CPAP machines work. Patients frequently have trouble adjusting to CPAP therapy, despite its effectiveness; this is mostly because of problems with mask fit. For those with OSA, device therapy is still the recommended course of action, underscoring the vital function of CPAP machines in the management of this illness. As the market develops, maintaining patient compliance and a suitable fit for the mask will be crucial to maximizing therapeutic results. Market Dynamics Driver Rising Incidence of Obstructive Sleep Apnea The rise in obstructive sleep apnea (OSA) cases worldwide and the comorbidities that accompany it, especially obesity, metabolic syndrome, type 2 diabetes mellitus (T2DM), hypercholesterolemia, and hypertension, are major factors driving the market for sleep apnea devices. Since obesity plays a significant role in sleep apnea, it is imperative that CPAP therapy be used to effectively control the condition. The diagnosis, prevention, and treatment of OSA are improving due to increased global awareness and proactive healthcare initiatives. Modifying one's lifestyle is one of the most important preventable risk factors for reducing obesity and its effects. . Improving quality of life and lowering the prevalence of OSA require public education on weight loss, regardless of whether it is accomplished by bariatric surgery or lifestyle modifications. The prevalence of related comorbidities, such as depression, atherosclerosis, and cardiovascular disease, is predicted to drop dramatically as a result of these preventive measures along with effective screening and treatment plans for obesity and OSA. This will increase demand for sleep apnea devices.
Restraints Cost and Maintenance Challenges The high cost of CPAP machines, which varies based on the type of therapy offered, added features like touch displays or Wi-Fi connectivity, and required supplies or accessories, limits the market's ability to grow for sleep apnea equipment. Additionally, prices vary greatly throughout merchants, so finding the greatest bargain requires diligent comparison shopping. One maintenance problem is the need to thoroughly clean the machine and all of its attachments in order to stop bacterial growth. The moist, enclosed conditions of humidified tubing, water chambers, and CPAP masks are ideal for the growth of bacteria, which is why it is crucial to preserve the integrity of each component. All of these maintenance and expense issues prevent sleep apnea devices from being widely used or growing.
Opportunities Innovative Inspire Therapy For those who have had difficulty with regular CPAP treatment for obstructive sleep apnea (OSA), Inspire therapy provides a mask-free option. Patients can effortlessly manage their OSA treatment from their hand by using an easy-to-use system that includes an app, remote, and Inspire implant. This novel method does away with the requirement for external devices or masks, offering a strong substitute for anyone looking for alternatives to CPAP therapy. Despite being substantially more expensive than traditional CPAP machines, Inspire is covered by Medicare and many insurance companies for eligible patients, which opens up a large market. This cutting-edge therapy appeals to a subset of patients who would prefer or need a new method of treating their sleep apnea in addition to expanding the options available for treatment.
Recent Developments
• In December 2023, ResMed’s new C-suite focused on growing sleep apnea device demand. • In September 2023, Nyxoah announced a partnership with ResMed in Germany. • In October 2023, Apnimed announced the launch of a joint venture with Shionogi to develop novel pharmacologic therapies for obstructive sleep apnea and other sleep disorders.
Key Players in the Sleep Apnea Devices Market GE Healthcare BMC Medical Philips Healthcare Weinmann Medical Devices Cadwell Laboratories Compumedics Curative Medical Teleflex CareFusion Corporation Fisher &Paykel Healthcare ResMed SOMNOmedics Invacare Corporation Natus Medical
Market Segmentation By Product Type Diagnostic Devices Respiratory Polygraphs Actigraphs Polysomnography (PSG) Device Pulse Oximeters Therapeutic Devices Nasal Devices Positive Airway Pressure (PAP) Devices Oral Devices Chin Straps By End-User Home Care Setting Sleep Laboratories & Hospitals Others
By Geography North America U.S. Canada Europe Germany France United Kingdom Rest of Europe Asia Pacific China Japan India Southeast Asia Rest of Asia Pacific Latin America Brazil Rest of Latin America Middle East & Africa (MEA) GCC North Africa South Africa Rest of Middle East & Africa
Table of content 1. Introduction 1.1. Report Description 1.2. Research Methodology 1.2.1. Data Mining 1.2.2. Market Modeling and Forecasting 1.2.3. Data Validation 1.2.4. Industry Analysis
5. Sleep Apnea Devices Market by End-User 5.1. Introduction 5.2. Sleep Apnea Devices Market Size and Growth Rate by End-User (2021-2030) 5.3. Home Care Setting 5.3.1. Home Care Setting Market Size and Growth Rate (2021-2030) 5.4. Sleep Laboratories & Hospitals 5.4.1. Sleep Laboratories & Hospitals Market Size and Growth Rate (2021-2030) 5.5. Others 5.5.1. Others Market Size and Growth Rate (2021-2030)
6. Company Profiles 6.1. GE Healthcare 6.1.1. Business Overview 6.1.2. Application & Technology Outlook Portfolio 6.1.3. Strategic Developments 6.1.4. Financial Overview
6.2. BMC Medical 6.2.1. Business Overview 6.2.2. Application & Technology Outlook Portfolio 6.2.3. Strategic Developments 6.2.4. Financial Overview
6.3. Philips Healthcare 6.3.1. Business Overview 6.3.2. Application & Technology Outlook Portfolio 6.3.3. Strategic Developments 6.3.4. Financial Overview
6.4. Weinmann Medical Devices 6.4.1. Business Overview 6.4.2. Application & Technology Outlook Portfolio 6.4.3. Strategic Developments 6.4.4. Financial Overview
6.5. CadwellLaboratorie 6.5.1. Business Overview 6.5.2. Application & Technology Outlook Portfolio 6.5.3. Strategic Developments 6.5.4. Financial Overview
6.6. Compumedics 6.6.1. Business Overview 6.6.2. Application & Technology Outlook Portfolio 6.6.3. Strategic Developments 6.6.4. Financial Overview
6.7. Curative Medical 6.7.1. Business Overview 6.7.2. Application & Technology Outlook Portfolio 6.7.3. Strategic Developments 6.7.4. Financial Overview
6.8. Teleflex 6.8.1. Business Overview 6.8.2. Application & Technology Outlook Portfolio 6.8.3. Strategic Developments 6.8.4. Financial Overview
6.9. CareFusion Corporation 6.9.1. Business Overview 6.9.2. Application & Technology Outlook Portfolio 6.9.3. Strategic Developments 6.9.4. Financial Overview
6.10 Fisher &Paykel Healthcare 6.10.1. Business Overview 6.10.2. Application & Technology Outlook Portfolio 6.10.3. Strategic Developments 6.10.4. Financial Overview 6.11 ResMed 6.11.1. Business Overview 6.11.2. Application & Technology Outlook Portfolio 6.11.3. Strategic Developments 6.11.4. Financial Overview 6.12 SOMNOmedics 6.12.1. Business Overview 6.12.2. Application & Technology Outlook Portfolio 6.12.3. Strategic Developments 6.12.4. Financial Overview 6.13 Invacare Corporation 6.13.1. Business Overview 6.13.2. Application & Technology Outlook Portfolio 6.13.3. Strategic Developments 6.13.4. Financial Overview 6.14 Natus Medical 6.14.1. Business Overview 6.14.2. Application & Technology Outlook Portfolio 6.14.3. Strategic Developments 6.14.4. Financial Overview
7. List of Tables and Figures Table Sleep Apnea Devices Market Size and Market Share by Product Type (2021-2023) Table Sleep Apnea Devices Market Size and Market Share by Product Type (2023-2030) Figure Diagnostic Devices Market Size and Growth Rate (2021-2030) Figure Respiratory Polygraphs Market Size and Growth Rate (2021-2030) Figure Actigraphs Market Size and Growth Rate (2021-2030) Figure Therapeutic Devices Market Size and Growth Rate (2021-2030) Figure Nasal Devices Market Size and Growth Rate (2021-2030) Figure Positive Airway Pressure (PAP) Devices Market Size and Growth Rate (2021-2030) Figure Oral Devices Market Size and Growth Rate (2021-2030) Figure Chin Straps Market Size and Growth Rate (2021-2030) Figure Polysomnography (PSG) Device Market Size and Growth Rate (2021-2030) Figure Pulse Oximeters Market Size and Growth Rate (2021-2030)
Table Sleep Apnea Devices Market Size and Market Share by End-User (2021-2023) Table Sleep Apnea Devices Market Size and Market Share by End-User (2023-2030) Figure Home Care Setting Market Size and Growth Rate (2021-2030) Figure Sleep Laboratories & Hospitals Market Size and Growth Rate (2021-2030) Figure Others Market Size and Growth Rate (2021-2030)
Table Sleep Apnea Devices Market by Regions (2021-2023) Table Sleep Apnea Devices Market by Regions (2023-2030) Figure North America Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table North America Sleep Apnea Devices Market by Product Type (2021-2023) Table North America Sleep Apnea Devices Market by Product Type (2023-2030) Table North America Sleep Apnea Devices by End-User (2021-2023) Table North America Sleep Apnea Devices by End-User (2023-2030) Table North America Sleep Apnea Devices by Country (2021-2023) Table North America Sleep Apnea Devices by Country (2023-2030) Figure United States Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table United States Sleep Apnea Devices Market by Product Type (2021-2023) Table United States Sleep Apnea Devices Market by Product Type (2023-2030) Table United States Sleep Apnea Devices by End-User (2021-2023) Table United States Sleep Apnea Devices by End-User (2023-2030) Figure Canada Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Canada Sleep Apnea Devices Market by Product Type (2021-2023) Table Canada Sleep Apnea Devices Market by Product Type (2023-2030) Table Canada Sleep Apnea Devices by End-User (2021-2023) Table Canada Sleep Apnea Devices by End-User (2023-2030) Figure Europe Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Europe Sleep Apnea Devices Market by Product Type (2021-2023) Table Europe Sleep Apnea Devices Market by Product Type (2023-2030) Table Europe Sleep Apnea Devices by End-User (2021-2023) Table Europe Sleep Apnea Devices by End-User (2023-2030) Table Europe Sleep Apnea Devices by Country (2021-2023) Table Europe Sleep Apnea Devices by Country (2023-2030) Figure Germany Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Germany Sleep Apnea Devices Market by Product Type (2021-2023) Table Germany Sleep Apnea Devices Market by Product Type (2023-2030) Table Germany Sleep Apnea Devices by End-User (2021-2023) Table Germany Sleep Apnea Devices by End-User (2023-2030) Figure France Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table France Sleep Apnea Devices Market by Product Type (2021-2023) Table France Sleep Apnea Devices Market by Product Type (2023-2030) Table France Sleep Apnea Devices by End-User (2021-2023) Table France Sleep Apnea Devices by End-User (2023-2030) Figure UK Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table UK Sleep Apnea Devices Market by Product Type (2021-2023) Table UK Sleep Apnea Devices Market by Product Type (2023-2030) Table UK Sleep Apnea Devices by End-User (2021-2023) Table UK Sleep Apnea Devices by End-User (2023-2030) Figure Russia Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Russia Sleep Apnea Devices Market by Product Type (2021-2023) Table Russia Sleep Apnea Devices Market by Product Type (2023-2030) Table Russia Sleep Apnea Devices by End-User (2021-2023) Table Russia Sleep Apnea Devices by End-User (2023-2030) Figure Italy Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Italy Sleep Apnea Devices Market by Product Type (2021-2023) Table Italy Sleep Apnea Devices Market by Product Type (2023-2030) Table Italy Sleep Apnea Devices by End-User (2021-2023) Table Italy Sleep Apnea Devices by End-User (2023-2030) Figure Rest of Europe Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Rest of Europe Sleep Apnea Devices Market by Product Type (2021-2023) Table Rest of Europe Sleep Apnea Devices Market by Product Type (2023-2030) Table Rest of Europe Sleep Apnea Devices by End-User (2021-2023) Table Rest of Europe Sleep Apnea Devices by End-User (2023-2030) Figure Asia-Pacific Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Asia-Pacific Sleep Apnea Devices Market by Product Type (2021-2023) Table Asia-Pacific Sleep Apnea Devices Market by Product Type (2023-2030) Table Asia-Pacific Sleep Apnea Devices by End-User (2021-2023) Table Asia-Pacific Sleep Apnea Devices by End-User (2023-2030) Table Asia-Pacific Sleep Apnea Devices by Country (2021-2023) Table Asia-Pacific Sleep Apnea Devices by Country (2023-2030) Figure China Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table China Sleep Apnea Devices Market by Product Type (2021-2023) Table China Sleep Apnea Devices Market by Product Type (2023-2030) Table China Sleep Apnea Devices by End-User (2021-2023) Table China Sleep Apnea Devices by End-User (2023-2030) Figure Japan Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Japan Sleep Apnea Devices Market by Product Type (2021-2023) Table Japan Sleep Apnea Devices Market by Product Type (2023-2030) Table Japan Sleep Apnea Devices by End-User (2021-2023) Table Japan Sleep Apnea Devices by End-User (2023-2030) Figure Korea Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Korea Sleep Apnea Devices Market by Application & Technology OutlookType (2021-2023) Table Korea Sleep Apnea Devices Market by Product Type (2023-2030) Table Korea Sleep Apnea Devices by End-User (2021-2023) Table Korea Sleep Apnea Devices by End-User (2023-2030) Figure India Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table India Sleep Apnea Devices Market by Product Type (2021-2023) Table India Sleep Apnea Devices Market by Product Type (2023-2030) Table India Sleep Apnea Devices by End-User (2021-2023) Table India Sleep Apnea Devices by End-User (2023-2030) Figure Southeast Asia Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Southeast Asia Sleep Apnea Devices Market by Product Type (2021-2023) Table Southeast Asia Sleep Apnea Devices Market by Product Type (2023-2030) Table Southeast Asia Sleep Apnea Devices by End-User (2021-2023) Table Southeast Asia Sleep Apnea Devices by End-User (2023-2030) Figure Rest of Asia-Pacific Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Rest of Asia-Pacific Sleep Apnea Devices Market by Product Type (2021-2023) Table Rest of Asia-Pacific Sleep Apnea Devices Market by Application & Technology OutlookType (2023-2030) Table Rest of Asia-Pacific Sleep Apnea Devices by End-User (2021-2023) Table Rest of Asia-Pacific Sleep Apnea Devices by End-User (2023-2030) Figure South America Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table South America Sleep Apnea Devices Market by Product Type (2021-2023) Table South America Sleep Apnea Devices Market by Application & Technology OutlookType (2023-2030) Table South America Sleep Apnea Devices by End-User (2021-2023) Table South America Sleep Apnea Devices by End-User (2023-2030) Table South America Sleep Apnea Devices by Country (2021-2023) Table South America Sleep Apnea Devices by Country (2023-2030) Figure Brazil Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Brazil Sleep Apnea Devices Market by Product Type (2021-2023) Table Brazil Sleep Apnea Devices Market by Product Type (2023-2030) Table Brazil Sleep Apnea Devices by End-User (2021-2023) Table Brazil Sleep Apnea Devices by End-User (2023-2030) Figure Mexico Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Mexico Sleep Apnea Devices Market by Product Type (2021-2023) Table Mexico Sleep Apnea Devices Market by Product Type (2023-2030) Table Mexico Sleep Apnea Devices by End-User (2021-2023) Table Mexico Sleep Apnea Devices by End-User (2023-2030) Figure Columbia Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Columbia Sleep Apnea Devices Market by Product Type (2021-2023) Table Columbia Sleep Apnea Devices Market by Product Type (2023-2030) Table Columbia Sleep Apnea Devices by End-User (2021-2023) Table Columbia Sleep Apnea Devices by End-User (2023-2030) Figure Rest of South America Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Rest of South America Sleep Apnea Devices Market by Product Type (2021-2023) Table Rest of South America Sleep Apnea Devices Market by Product Type (2023-2030) Table Rest of South America Sleep Apnea Devices by End-User (2021-2023) Table Rest of South America Sleep Apnea Devices by End-User (2023-2030) Figure Middle East and Africa Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Middle East and Africa Sleep Apnea Devices Market by Product Type (2021-2023) Table Middle East and Africa Sleep Apnea Devices Market by Product Type (2023-2030) Table Middle East and Africa Sleep Apnea Devices by End-User (2021-2023) Table Middle East and Africa Sleep Apnea Devices by Country (2021-2023) Table Middle East and Africa Sleep Apnea Devices by Country (2023-2030) Figure Saudi Arabia Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Saudi Arabia Sleep Apnea Devices Market by Product Type (2021-2023) Table Saudi Arabia Sleep Apnea Devices Market by Product Type (2023-2030) Table Saudi Arabia Sleep Apnea Devices by End-User (2021-2023) Table Saudi Arabia Sleep Apnea Devices by End-User (2023-2030) Figure United Arab Emirates Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table United Arab Emirates Sleep Apnea Devices Market by Product Type (2021-2023) Table United Arab Emirates Sleep Apnea Devices Market by Product Type (2023-2030) Table United Arab Emirates Sleep Apnea Devices by End-User (2021-2023) Table United Arab Emirates Sleep Apnea Devices by End-User (2023-2030) Figure South Africa Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table South Africa Sleep Apnea Devices Market by Product Type (2021-2023) Table South Africa Sleep Apnea Devices Market by Product Type (2023-2030) Table South Africa Sleep Apnea Devices by End-User (2021-2023) Table South Africa Sleep Apnea Devices by End-User (2023-2030) Figure Rest of Middle East and Africa Sleep Apnea Devices Market Size and Growth Rate (2021-2030) Table Rest of Middle East and Africa Sleep Apnea Devices Market by Product Type (2021-2023) Table Rest of Middle East and Africa Sleep Apnea Devices Market by Product Type (2023-2030) Table Rest of Middle East and Africa Sleep Apnea Devices by End-User (2021-2023) Table Rest of Middle East and Africa Sleep Apnea Devices by End-User (2023-2030)
The process of market research at Ultra Market Research is an iterative in application and usually follows following path. Information from secondary used to build data models, then results from data models are validated from primary participants. Then cycle repeats where, according to inputs from primary participants, additional secondary research is done and new Information is again incorporated into data model. The process continues till desired level of Information is not generated
To calculate the market size, the report considers the revenue generated from the sales of Ultra Market Research providers. The revenue generated from the sales of Ultra Market Research has been calculated through primary and secondary research. The report also presents the key players operating in the Ultra Market Research market across the globe identified through secondary research and a corresponding detailed analysis of the top vendors in the market. The market size calculation also includes distribution channel segmentation determined using secondary sources and verified through primary sources.
Secondary Research
The secondary research source that are typically referred to include, but are not limited to:
Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
Internal and external proprietary databases, relevant patent and regulatory databases
National government documents, statistical databases and market reports
News articles, press releases and web-casts specific to the companies operating in the market
The source for secondary research includes but is not limited to: Factiva, Hoovers and Statista
Inner Circle Represents – Stage of Research Process
Middle Circle Represents – Source of Information
Outer Circle Represents – Information Derived from that source
Primary Research We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate data and analysis. A typical research interview fulfills the following functions:
It provides first-hand Information on the market size, market trends, growth trends, competitive landscape, future outlook etc.
Helps in validating and strengthening the secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves E-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies
The participants who typically take part in such a process include, but are not limited to:
Industry participants: CEOs, VPs, marketing/ distribution channel managers, market intelligence managers and national sales managers
Purchasing managers, technical personnel, distributors and resellers
Outside experts: Investment bankers, valuation experts, research analysts specializing in specific markets
Key opinion leaders specializing in different areas corresponding to different industry distribution channels
Models Where no hard data is available, we use modeling and estimates in order to produce comprehensive data sets. A rigorous methodology is adopted in which the available hard data is cross referenced with the following data distribution channels to produce estimates:
Demographic data: Population split by segment
Macro-economic indicators: GDP, etc.
Industry indicators: Expenditure, distribution channel stage & infrastructure, sector growth and facilities.
Data is then cross checked by the expert panel.
2..1 Company Share Analysis Model
Company share analysis is used to derive the size of Global market. As well as study of revenues of companies for last three to five years also provide the base for forecasting the market size and its growth rate. This model is built in following steps: 2..2 Revenue Based Modeling
Revenue based models can be built in two ways – Top-Down or Bottom-Up irrespective of industry. Market size estimated from company share analysis acts as a validation point for bottom-up approach where as it acts as starting point for top-down approach.
2.1 Research Limitations Inflation is not a part of pricing in this report. Prices of Sleep Apnea Devices and its derivatives vary in each region and hence similar revenue ratio does not follow for each individual region. The same price for each distribution channel has been taken into account while estimating and forecasting market revenue Globally. Regional average price has been considered while breaking down this market by application in each region. This report provides market size of Sleep Apnea Devices Market for the past year and forecasts for the next six years. Sleep Apnea Devices Market size is given in terms of revenue. Market revenue is defined in USD Million. Market numbers are given on the basis of different Sleep Apnea Devices Market categories. Market size and forecasts for each major application is provided in the context of Global market. The numbers provided in this report are derived on the basis of demand for Sleep Apnea Devices from different application industries in different regions.
Market Segmentation By Product Type Diagnostic Devices Respiratory Polygraphs Actigraphs Polysomnography (PSG) Device Pulse Oximeters Therapeutic Devices Nasal Devices Positive Airway Pressure (PAP) Devices Oral Devices Chin Straps By End-User Home Care Setting Sleep Laboratories & Hospitals Others
By Geography North America U.S. Canada Europe Germany France United Kingdom Rest of Europe Asia Pacific China Japan India Southeast Asia Rest of Asia Pacific Latin America Brazil Rest of Latin America Middle East & Africa (MEA) GCC North Africa South Africa Rest of Middle East & Africa