Japan Sleep Apnea Devices Market Size & Outlook, 2023-2030
Japan sleep apnea devices market, 2018-2030 (US$M)
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Japan sleep apnea devices market highlights
- The Japan sleep apnea devices market generated a revenue of USD 162.7 million in 2023 and is expected to reach USD 281.1 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.1% 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.
Sleep apnea devices market data book summary
| Market revenue in 2023 | USD 162.7 million |
| Market revenue in 2030 | USD 281.1 million |
| Growth rate | 8.1% (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, Japan accounted for 3.6% 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 Asia Pacific, China sleep apnea devices market is projected to lead the regional market in terms of revenue in 2030.
- Australia is the fastest growing regional market in Asia Pacific and is projected to reach USD 260.5 million by 2030.
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Sleep Apnea Devices Market Scope
Sleep Apnea Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan 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 79.1% in 2023. Horizon Databook has segmented the Japan 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.
Some of the major factors driving the sleep apnea devices market in Japan are increasing prevalence of obstructive sleep apnea and supportive reimbursement policies in the country.
Moreover, market players are undertaking various initiatives to increase product sales, which is boosting growth. Innovation and development are underway, expanding scope for growth.
For instance, in June 2018, Pharmaceuticals and Medical Devices Agency (PMDA) approved Hypoglossal Nerve Stimulation (HNS) device in the country.
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Target buyers of Japan sleep apnea devices market databook
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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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Japan sleep apnea devices market , including forecasts for subscribers. This country databook contains high-level insights into Japan sleep apnea devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan sleep apnea devices market size, by product, 2018-2030 (US$M)
Japan Sleep Apnea Devices Market Outlook Share, 2023 & 2030 (US$M)
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