Europe Sleep Apnea Devices Market Size & Outlook
Europe sleep apnea devices market, 2018-2030 (US$M)
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Europe sleep apnea devices market highlights
- The Europe sleep apnea devices market generated a revenue of USD 1,182.1 million in 2023.
- The market is expected to grow at a CAGR of 6.1% 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, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,182.1 million |
| Market revenue in 2030 | USD 1,790.9 million |
| Growth rate | 6.1% (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, Europe region accounted for 26.3% 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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Europe 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 79.22% in 2023. Horizon Databook has segmented the Europe 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.
Europe sleep apnea devices market is expected to exhibit a lucrative CAGR over the forecast period. Major factors driving the market are increasing prevalence of sleep apnea in Europe.
For instance, according to a recent study by ResMed in September 2018, approximately 175 million Europeans are affected by OSA. The leading countries with highest incidence of sleep apnea in Europe are Russia (40 million); Germany (26 million); France (24 million); Ukraine (913 million); Spain (9 million); and UK (8 million).
Europe also has a threefold amount of people living with sleep apnea as compared to the U.S. However, the number of people diagnosed in this region is relatively low as compared to North America, owing to low awareness about sleeping disorders.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe sleep apnea devices market , including forecasts for subscribers. This continent databook contains high-level insights into Europe sleep apnea devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe sleep apnea devices market size, by country, 2018-2030 (US$M)
Europe Sleep Apnea Devices Market Outlook Share, 2023 & 2030 (US$M)
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