Germany Sleep Apnea Devices Market Size & Outlook
Germany sleep apnea devices market, 2018-2030 (US$M)
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Germany sleep apnea devices market highlights
- The Germany sleep apnea devices market generated a revenue of USD 169.7 million in 2023 and is expected to reach USD 269.7 million by 2030.
- The Germany market is expected to grow at a CAGR of 6.8% 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 169.7 million |
| Market revenue in 2030 | USD 269.7 million |
| Growth rate | 6.8% (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, Germany accounted for 3.8% 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 Europe, Germany sleep apnea devices market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 220.0 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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Germany 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 78.85% in 2023. Horizon Databook has segmented the Germany 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.
Germany sleep apnea devices market is growing due to factors such as rising demand for home-based ventilation by patients and availability of favorable reimbursement models offered by insurance companies.
Reimbursement model in the country requires patients to use PAP devices for minimal hours, to qualify for continued financing of their treatment. Thus, many clinics and homecare providers are following instructions and have demanded the same from their patients.
In addition, sleep apnea devices, like PAP devices, are the most common treatment for OSA in the country. These devices are highly regulated, but are generally reimbursed by public and private payers.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany sleep apnea devices market , including forecasts for subscribers. This country databook contains high-level insights into Germany sleep apnea devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany sleep apnea devices market size, by product, 2018-2030 (US$M)
Germany Sleep Apnea Devices Market Outlook Share, 2023 & 2030 (US$M)
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