North America Sleep Apnea Devices Market Size & Outlook
North America sleep apnea devices market, 2018-2030 (US$M)
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North America sleep apnea devices market highlights
- The North America sleep apnea devices market generated a revenue of USD 2,161.3 million in 2023.
- The market is expected to grow at a CAGR of 5.6% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 2,161.3 million |
| Market revenue in 2030 | USD 3,166.2 million |
| Growth rate | 5.6% (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, North America region accounted for 48.1% 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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North America 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 78.54% in 2023. Horizon Databook has segmented the North America 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.
North America can be considered as one of the progressive regions for adoption of devices related to sleeping disorders.
The rising prevalence of respiratory disorders is leading to some or other form of sleeping disorder, which is driving the market In addition, growing awareness about sleep apnea, large patient pool, and presence of international manufacturers are factors anticipated to strengthen market share of this region.
For instance, key players such as ResMed, Philips Respironics, and Somnetics International, Inc. have established a strong presence in the region and have also established strong distribution channels for easy supply of their products.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America sleep apnea devices market , including forecasts for subscribers. This continent databook contains high-level insights into North America sleep apnea devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America sleep apnea devices market size, by country, 2018-2030 (US$M)
North America Sleep Apnea Devices Market Outlook Share, 2023 & 2030 (US$M)
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