Middle East & Africa Sleep Apnea Devices Market Size & Outlook
Middle East & Africa sleep apnea devices market, 2018-2030 (US$M)
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MEA sleep apnea devices market highlights
- The MEA sleep apnea devices market generated a revenue of USD 21.2 million in 2023.
- The 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.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 21.2 million |
| Market revenue in 2030 | USD 32.6 million |
| Growth rate | 6.3% (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, MEA region accounted for 0.5% 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 |
|---|
Middle East & Africa 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 81.13% in 2023. Horizon Databook has segmented the Middle East & Africa 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 prevalence of chronic conditions, such as obesity, diabetes, & hypertension, in the region, along with increasing geriatric population is one of the factors impelling the sleep apnea devices market in the region.
For instance, as per a research article published in December 2016 in Canadian Respiratory Journal, the prevalence of obesity is increasing at a rapid pace in the Middle Eastern region.
In addition, as per a recent study conducted by London School of Hygiene and Tropical Medicine, Kuwait is regarded as the second most obese nation, with the U.S. being the first.
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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 Middle East & Africa sleep apnea devices market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa sleep apnea devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA sleep apnea devices market size, by country, 2018-2030 (US$M)
Middle East & Africa Sleep Apnea Devices Market Outlook Share, 2023 & 2030 (US$M)
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