Sleep Apnea Overview
Sleep apnea is a substantial sleeping dysfunction that stops respiratory for minimal 10 seconds, and that outcomes disrupted and irregular respiratory strategies and a scale back in oxygen saturation within the blood which flows within the physique. The elements accountable for the sleep apnea are previous age or weight problems and nasal obstruction owing to allergic reactions or sinus. If the sleep apnea is negkleted then it might trigger a number of well being points which incorporates stroke, coronary heart assault, blood stress, despair, diabetes, complications and others. Additionally, undiagnosed sleep apnea raises the chance of heart problems, hypertension, daytime tiredness, stroke, and decrease life high quality. Furthermore, the sufferers with sleep apnea illness are cured by a number of the main sleep apnea therapy gadgets that features CPAP, APAP and BiPAP.
Sleep Apnea Devices Market Overview
On the premise of newest report launched by Emergen Analysis, the worldwide Sleep Apnea Gadgets Market measurement was USD 7.00 Billion in 2021 and is anticipated to succeed in the a CAGR of 6.9% over the foreseen interval. Rising geriatric inhabitants is the key issue propelling the worldwide sleep apnea gadgets market and is predicted to keep up its dominance over the evaluation interval. Altering way of life is the one other issue accountable for the driving the market. Rising consciousness concerning the sleep apnea and different sleep illnesses are anticipated to spice up the worldwide market over the evaluation interval. Innovation in merchandise mixed with acceptance of merchandise by the main gamers are anticipated to uplift the worldwide market. Rising well being impacts because of sleep apnea can be predicted to develop the worldwide market throughout the foreseen interval. Rising authorities initiatives coupled with affected person dedication for efficient care in direction of this market are anticipated to propel the worldwide market
Nevertheless, the large value of CPAP Machines, is predicted to limit the expansion of the sleep apnea market. Additionally, absence of adherence to sleep apnea therapy is predicted to hamper the growth of the market.
Top leading companies in the Sleep Apnea Devices Market: Top 10 By Revenue
Phillips Respironics
ResMed
Curative Medical, Inc.
Somnetics International, Inc.
Invacare Corporation
Natus Medical Incorporated
SOMNOmedics GmbH
Fisher & Paykel Healthcare Limited
Compumedics Limited
BMC Medical Co., Ltd.
Top 10 Leading Companies in the Sleep Apnea Devices Market
Phillips Respironics – Revenue [US$4.341 Billion]
Phillips Respironics is an American company headquartered in Murrysville, Pennsylvania, United States. The company provides innovative products for home respiratory and sleep care. Also, medical education programs are offered by the company to help in navigating speedly changing market landscape. The company has made 47 acquisitions and has spent over $ 14.82B for the acquisitions. Further, it has invested in various sectors including Cardiac & Vascular Disorders, Healthcare IT, Sleep Medicine and others.
ResMed – Revenue [US$3.6 Billion]
ResMed Inc. is a medical equipment company headquartered in San Diego, California, United States. The company offers the cloud-connectable medical devices for the cure of chronic obstructive pulmonary disease, sleep apnea and several other respiratory conditions. The company develops, produce and distributes medical equipment for the detection, cure and management respiratory diseases including sleep apnea, sleep-disordered breathing (SDB), and chronic obstructive pulmonary disease (COPD). The company has made12 acquisitions and has spent more than $ 1.77 Billion for the acquisitions. Also, it has invested in number of sectors including Disease Self Management, Healthcare IT, Pulmonology and others.
Curative Medical, Inc. – Revenue [US$3.6 Billion]
Curative Medical, Inc. is an American company headquartered in Santa Clara, California. The company designs and manufactures medical devices for the detection and cure of sleep disorders and cardiopulmonary diseases that includes obstructive sleep apnea & hypopnea in hospitals & the home. The company has acquired 1 company and the largest acquisition of the company was in 2002, when it acquired Optcare Plus for US$11 Million.
Fisher & Paykel Healthcare Limited – Revenue [US$1.263 Billion]
Fisher & Paykel Healthcare Corporation Limited is a New Zealand based company headquartered in Auckland, New Zealand. The company is the designer, manufacturer and marketer of products and systems for use in acute care, respiratory care and the treatment of obstructive sleep apnea. It is a public company with the more than 5000 employees and the specialized sectors of the company are Neonatal, Respiratory Humidification, Medical Device, Infant Care, Surgical Humidification, and Engineering.
Invacare Corporation – Revenue [US$877.2 Million]
Invacare Corporation is an American company headquartered in Elyria, Ohio, United States. The company is the manufacturer and seller of long-term medical care products that includes mobility scooters, wheelchairs, pressure care and positioning, walkers, and respiratory products which encourage recovery and active lifestyles. Also, the company markets its products in over 80 countries across the world. Further, it has acquired 6 companies and the largest acquisition was in the year 1997, when the company acquired Suburban Ostomy Supply Co for $135M.
Natus Medical Incorporated – Revenue [US$478.3 Million]
Natus Medical Incorporated is an American company headquartered in Pleasanton, California, United States. It provides innovative and trusted services to screen, detect, and cure the disorders affecting the neural pathways, brain and eight sensory nervous systems to boost the standard of care and enhance patient outcomes. The specialized sectors of the company include Neurology & Sleep Diagnostics, Pediatric & Newborn Care, Obstetric & Vascular Dopplers, Hearing Screening & Diagnostics, Neurophysiology Research, Newborn Brain Injury, Thermoregulation, Jaundice Management, Balance & Mobility and Tracking & Follow-up. Further, it has acquired 12 companies and its largest acquisition was in 2016, when the company acquired GN Otometrics for $145M. Also, the most targeted sectors of the company are medical products and technology hardware.
BMC Medical Co., Ltd. – Revenue [US$42 Million]
BMC Medical Co., Ltd. (BMC), is a Chinese company headquartered in Beijing, China. It is a private company with across 500 employees and the specialized sectors of the company includes COPD, sleep apnea, Sleep, CPAP, bipap, Respiratory care, hfnc, OSA, Masks, ventilation, and high flow nasal cannula. The company aids people in over 100 countries and regions across the globe to sleep better and breathe easier.
Compumedics Limited – Revenue [US$37.8 Million]
Compumedics Limited is a medical device company headquartered in Australia. The focused sectors of the company are evolution, manufacture, and commercialisation of diagnostics technology for brain, sleep, and ultrasonic blood-flow monitoring applications. It is a public company and the specialized sectors of the company are Epilepsy Diagnostics EEG, Sleep Diagnostics, Brain Mapping/ Research ERP and Transcranial Doppler.
Somnetics International, Inc. – Revenue [US$13.1 Million]
Somnetics International, Inc. is an American company headquartered in Minnesota City, Minnesota, United States. The company provides respiratory medical devices to cure sleep apnea and its related issues. It offers the world’s lightest, smallest and portable continuous pressure airway pressure CPAP (continuous positive airway pressure) devices convenient for home use and while travelling. Also, it is private company with 46 employees and currently it doesn’t have an official ticker symbol.
SOMNOmedics GmbH – Revenue [US$4.4 Million]
SOMNOmedics GmbH is a German based company based in Randersacker, Germany. The company is the manufacturer and seller of diagnostic devices which streamline the workflow by offering, clever, innovative mobile and comfortable to use services that provides an in-depth insight into the patients’ health. The specialized sectors of the company include Sleep diagnostics, research devices, stationary sleep diagnostics, sleep diagnostic software, cuffless blood pressure measurement, ambulatory sleep diagnostics, Innovation in Sleep Diagnostics, and several others.