Asia Pacific Sleep Apnea Devices Market Size & Outlook
Asia Pacific sleep apnea devices market, 2018-2030 (US$M)
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Asia Pacific sleep apnea devices market highlights
- The Asia Pacific sleep apnea devices market generated a revenue of USD 944.6 million in 2023.
- The market is expected to grow at a CAGR of 7.7% from 2024 to 2030.
- In terms of segment, therapeutic devices was the largest revenue generating product in 2023.
- Sleep Apnea Masks is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 944.6 million |
| Market revenue in 2030 | USD 1,586.7 million |
| Growth rate | 7.7% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutic devices |
| Fastest growing segment | Sleep Apnea Masks |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Diagnostic Devices, Therapeutic Devices, Sleep Apnea Masks |
| Key market players worldwide | ResMed Inc, Koninklijke Philips NV, Fisher & Paykel Healthcare Corp Ltd, BMC Medical, Natus Medical, SOMNOmedics, ZOLL Medical Corporation, Nihon Kohden Corp, Curative Medical, React Health, Somnetics, Compumedics-alpha trace |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.0% of the global sleep apnea devices market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,586.7 million by 2030.
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Sleep Apnea Devices Market Scope
Sleep Apnea Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific sleep apnea devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to sleep apnea devices market will help companies and investors design strategic landscapes.
Therapeutic devices was the largest segment with a revenue share of 79.3% in 2023. Horizon Databook has segmented the Asia Pacific sleep apnea devices market based on diagnostic devices, therapeutic devices, sleep apnea masks covering the revenue growth of each sub-segment from 2018 to 2030.
Rising geriatric population and increasing prevalence of lifestyle diseases are among the key factors driving the Asia Pacific sleep apnea devices market.
For instance, according to WHO, chronic respiratory diseases, diabetes, cardiovascular diseases, and cancer are some of the major conditions leading to highest deaths in the region. In addition, as per the IDF Diabetes Atlas 9th Edition, around 87.6 million people in the age group of 20 to 79 years suffer from diabetes in the South East Asia region.
Such rising prevalence of chronic conditions is expected to increase adoption of sleep apnea devices in the region.
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Our clientele includes a mix of sleep apnea devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific sleep apnea devices market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific sleep apnea devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific sleep apnea devices market size, by country, 2018-2030 (US$M)
Asia Pacific Sleep Apnea Devices Market Outlook Share, 2023 & 2030 (US$M)
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