Brazil Sleep Apnea Devices Market Size & Outlook
Brazil sleep apnea devices market, 2018-2030 (US$M)
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Brazil sleep apnea devices market highlights
- The Brazil sleep apnea devices market generated a revenue of USD 54.6 million in 2023 and is expected to reach USD 83.8 million by 2030.
- The Brazil market is expected to grow at a CAGR of 6.3% 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.
Sleep apnea devices market data book summary
| Market revenue in 2023 | USD 54.6 million |
| Market revenue in 2030 | USD 83.8 million |
| Growth rate | 6.3% (CAGR from 2023 to 2030) |
| Largest segment | Therapeutic devices |
| Fastest growing segment | Sleep Apnea Masks |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Brazil accounted for 1.2% of the global sleep apnea devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil sleep apnea devices market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 64.6 million by 2030.
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Sleep Apnea Devices Market Scope
Sleep Apnea Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil 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 80.77% in 2023. Horizon Databook has segmented the Brazil 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.
Key factors driving the sleep apnea devices market are high prevalence of sleep issues, such as snoring, insomnia, and nightmares, in the country.
For instance, as per statistics mentioned in a 2018 article in the Good Body, around 76% of population in Brazil suffers from at least one form of sleep disorder.
Moreover, increasing export of medical devices from the U.S. and rise in incidence of hypertension & stress, among others, are likely to drive growth.
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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 country-level data and insights on the Brazil sleep apnea devices market , including forecasts for subscribers. This country databook contains high-level insights into Brazil sleep apnea devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil sleep apnea devices market size, by product, 2018-2030 (US$M)
Brazil Sleep Apnea Devices Market Outlook Share, 2023 & 2030 (US$M)
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