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Report Overview

The global sleep apnea device market size reached around USD 10.22 Billion in 2024. The market is projected to grow at a CAGR of 6.50% between 2025 and 2034 to reach nearly USD 19.18 Billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Compound Annual Growth Rate

Value in USD Billion

6.5%

2025-2034


Sleep Apnea Devices Market Outlook

*this image is indicative*

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Properties and Applications

Sleep Apnea Devices Market by Diagnostic Device

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Sleep apnea refers to a serious sleep disturbance in which respiration ceases and starts again and again. There are several treatment options for recovering from sleep apnea. The examples include wearing an oral brace, sleep apnea surgery, weight management, posture therapy, and behaviour therapy. Therefore, Hypoglossus nerve stimulation, expiratory airway pressure, positive airway pressure therapy and oral pressure therapy are some of the most common therapies for sleep apnea.

The diagnostic devices for sleep apnea can be divided into:

  • Polysomnography Devices (PSG)
  • Pulse Oximeters
  • Actigraphy Devices

The therapeutic devices available in the industry can be divided into the following:

  • Oxygen Devices
  • Oral Appliances Therapeutic Devices
  • Adaptive Servo Ventilation (ASV) Devices
  • Masks and Accessories

Oxygen devices are further segmented into:

  • Oxygen Concentrators
  • Portable Oxygen Concentrators
  • Liquid Portable Oxygen

The EMR report looks into the regional markets of sleep apnea devices like:

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

Market Analysis

The increased geriatric population is projected to contribute to the development of obstructive sleep apnea (OSA) as a consequence of rising life expectancy. Higher prevalence of OSA in the geriatric population due to apnea-related comorbidities is anticipated to stimulate the growth of the sleep apnea devices market. Improved awareness, identification of illnesses, patient adherence, and healthcare costs are also expected to accelerate the market growth.

The prevalence of sleep apnea rises with an increased risk of other conditions such as high blood pressure, cardiac disease, diabetes as well as mental disorders, like depression and fear. Awareness of the long-term effects of sleep apnea is expected to fuel the revenue growth of the market over the forecast period.

Competitive Landscape

The report presents a detailed analysis of the following key players in the global sleep apnea devices market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Fisher & Paykel Healthcare Limited 
  • Invacare Corporation 
  • Natus Medical Incorporated
  • Cadwell Industries Inc.
  • Vyaire Medical Inc.
  • Nihon Kohden Corporation
  • Koninklijke Philips N.V.
  • ResMed Corp.
  • Others

The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The sleep apnea market was valued at USD 10.22 Billion in 2024.

The market is expected to grow at a CAGR of 6.50% from 2025 to 2034 to reach USD a value of USD 19.18 Billion by 2034.

The major drivers of the market include the identification of illnesses, patient adherence, improving healthcare costs, awareness of the long-term effects of sleep apnea, growing usage of oral appliances, increasing number of companies venturing into the sleep apnea market, and large pool of undiagnosed sleep apnea patients.

The increased geriatric population and improved awareness are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The diagnostic devices for sleep apnea are polysomnography devices (PSG), pulse oximeters, and actigraphy devices.

The therapeutic devices available in the industry can be divided into oxygen devices, oral appliances therapeutic devices, adaptive servo ventilation (ASV) devices, and masks and accessories. Oxygen devices are further divided into oxygen concentrators, portable oxygen concentrators and liquid portable oxygen.

The major players in the industry are Fisher & Paykel Healthcare Limited, Koninklijke Philips NV, Invacare Corporation, Natus Medical Incorporated, Resmed, Cadwell Industries Inc., Vyaire Medical, Inc., General Electric Company, and Nihon Kohden Corporation, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Diagnosis Method
  • Therapeutic Devices
  • End User
  • Region
Breakup by Diagnosis Method
  • Polysomnography Devices (PSG)
  • Oximeters
  • Home Sleep Testing Devices
Breakup by Therapeutic Devices
  • Oxygen Devices
  • Oral Appliances Therapeutic Devices
  • Adaptive Servo Ventilation (ASV) Devices
  • Masks and Accessories
Breakup by End User
  • Sleep Laboratories and Hospitals
  • Clinics
  • Homecare Settings/Individuals
  • Others
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Fisher & Paykel Healthcare Limited
  • Invacare Corporation
  • Natus Medical Incorporated
  • Cadwell Industries Inc.
  • Vyaire Medical, Inc.
  • Nihon Kohden Corporation
  • Koninklijke Philips N.V.
  • ResMed Corp.
  • Somnomed
  • Compumedics
  • Drive Devilbiss Healthcare
  • Lowenstein Medical Technology Gmbh
  • BMC Medical Co., Ltd.
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