Home Sleep Apnea Testing Devices Market Size By Portability (Portable Devices, Stationary Devices), By Structure (Wired Devices, Non-wired Devices), By Device Type (Type 1, Type 2, Type 3, Type 4), Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2019 – 2025

Published Date: Nov 2019  |  Report ID: GMI4439  |  Authors: Sumant Ugalmugle, Rupali Swain

Report Format: PDF   |   Pages: 200   |   Base Year: 2018




Summary Table of Contents Industry Coverage Methodology

Industry Trends

Home Sleep Apnea Testing Devices Market size exceeded USD 576.4 million in 2018 and is expected to achieve over 14.4% CAGR between 2019 and 2025.
 

Home Sleep Apnea Testing Devices Market Overview

Get more details on this report - Request Free Sample PDF
 

Home sleep apnea testing devices are the devices that are specifically used at home to diagnose sleep apnea disorders. There are variety of home sleep apnea testing devices with different sensors and equipment that help in collecting information regarding breathing rate, heart rate, brain activity, muscle movement, etc. Home testing has become a very convenient, cost-effective and accurate way to diagnose sleep apnea disorders.  The overnight sleep study helps the sleep technologist in reviewing complete patient condition and further prescribe the necessary treatment. Increase in prevalence of sleep apnea can be directly associated with variety of health issues and chronic diseases. Growing demand for home sleep apnea testing owing to several advantages offered by the devices will help enhance the market growth during the forecast period.
 

Increase in number of people suffering from sleep apnea disorder across the globe is one of the major factors augmenting the market expansion. As per the recent research article, the global prevalence of obstructive sleep apnea (OSA) is projected to be around 1 billion currently. Rise in number of sleeps centers across the globe and large number of undiagnosed population will be some of the significant factors impacting the industry growth.
 

The recent outbreak of COVID-19 has had a slight negative affect on the market impelled by growing risk of cross contamination and also, spread of the virus resulted in closing of the sleep centers and laboratories. As COVID-19 pandemic has spread across the world with high magnitude, the priority is given to essential procedures and elective procedures were delayed or cancelled. Furthermore, the American Sleep Association agreed with postponing elective and in-person sleep laboratory appointments. Coronavirus is known to spread through aerosols or can be present on equipment at sleep clinics, thereby increasing the risk of infection. In patients diagnosed with COVID-19 infection, the presence of obstructive sleep apnea was related with high risk of hospitalization and approximately doubled the risk of respiratory failure.
 

Growing number of people suffering from sleep apnea disorder and large number of undiagnosed patient population will spur the adoption of home sleep apnea testing devices across the globe

Sleep apnea is becoming more widely recognized as one of the life-shortening and life-damaging diseases. Sleep disorders including sleep apnea has become a major health issue in the U.S. in the past few years. Moreover, according to the Health Europa, at present around 175 million people in the Europe suffer from sleep apnea. Majority of the patient population that are left undiagnosed and untreated are at high risk of serious health issues such as diabetes, hypertension and other cardiovascular diseases. Various studies show that the increase in sleep apnea disorder prevalence has resulted in growing economic burden, thereby requiring more enhanced diagnostic and treatment strategies.
 

Increasing usage of portable home sleep apnea testing devices will boost the market revenue

The portable home sleep apnea testing devices market was valued at around USD 490 million in 2018. Rising use of portable devices credited to several advantages such as ease of use, small size and easy to carry has resulted in showcasing the potential to drive the market value. Recent technological advancements have led to several product improvement such as accurate diagnosis and flexibility of device use during the sleep.
 

Several diagnostic advantages offered by the wired devices is poised to fuel the market progression

Home Sleep Apnea Testing Devices Market Size

Get more details on this report - Request Free Sample PDF

 

The wired devices are estimated to witness 14.3% growth rate through 2025. Wired devices provide several diagnostic parameters such as EEG, ECG, chin EMG, EOG, air flow, respiratory effort and oxygen saturation. The wired devices analyse the parameters to increase the diagnostic outcome of detecting sleep apnea.
 

Rising application of Type 3 devices in sleep apnea diagnosis will foster the demand and acceptance of home sleep apnea testing devices

The type 3 home sleep apnea testing devices market dominated more than 50% of the market share and accounted for USD 310 million in 2018. The type 3 home sleep apnea testing devices are the most commonly used devices in sleep apnea detection owing to high pre-test probability and equivalent diagnosis to in-laboratory method. The type 3 devices monitors and records minimum of 4 parameters: respiratory movement/effort, airflow, ECG/heart rate and oxygen saturation.
 

Presence of large number of sleep centers and rapidly increasing sleep apnea disorder prevalence in the U.S. will stimulate the industry expansion

North America Home Sleep Apnea Testing Devices Market

Get more details on this report - Request Free Sample PDF

 

U.S. dominated the North America home sleep apnea testing devices market and accounted for over USD 175 million in 2018. Increasing number of people suffering from sleep apnea disorder in the country has resulted in augmenting the industry revenue. As per the American Sleep Apnea Association, sleep disorders, especially sleep apnea has had a significant economic impact and become a major health issue in the country. It is estimated that around 22 million Americans are currently suffering from sleep apnea, out of which, 80% of the moderate to severe sleep apnea cases remain undiagnosed. Also, increase in number of sleep centers will significantly affect the market growth.

China market is predicted to expand at a CAGR of 19% through 2025 led by changing eating habits, growing prevalence of chronic obstructive pulmonary disease and rise in awareness among the people regarding sleep apnea diagnosis at home. As per the recent statistics, currently, China has more than 2,000 sleep centers and over 40% of the Chinese population suffers from sleep disorders.
 

Growing investment in research and development by major industry players will boost the market demand

Some of the major companies operating in the home sleep apnea testing devices market include ResMed, Philips Respironics, Natus Medical, Compumedics and Contec Medical Systems. These industry leaders have been engaging into mergers, acquisition, partnerships and collaborations to expand their product portfolios and reinforce their market position. Huge investment in R&D aimed at developing new products has created enormous industry competition. Rising demand for highly effective testing devices will provide more growth opportunities for the industry participants. Commercialization and innovation in the product are the key strategies adopted by these companies for future growth perspective.
 

Recent industry developments:

  • In July 2019, Neurovirtual opened its office in Chile. The strategy helped the company to strengthen their market position by geographical expansion and increasing customer base in Latin America for neurology and sleep diagnostics.
     
  • In December 2017, Nox Medical announced its distribution agreement with Brojaw in Taiwan. The agreement helped the company in expanding home sleep apnea test device portfolio in Taiwan, thus driving company’s product reach.
     

The home sleep apnea testing devices market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD & volume in Units from 2014 to 2025, for the following segments:

Market, By Portability

  • Portable Devices
  • Stationary Devices

Market, By Structure

  • Wired Devices
  • Non-wired Devices

Market, By Device Type

  • Test Type 1
  • Test Type 2
  • Test Type 3
  • Test Type 4

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Belgium
    • Greece
    • Netherlands
    • Norway
    • Portugal
    • Romania
    • Russia
    • Sweden
    • Turkey
    • Switzerland
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Frequently Asked Questions (FAQ) :

The market size of home sleep apnea testing devices surpassed USD 576 million in 2018.
The industry share of home sleep apnea testing devices is set to achieve over 14.4% CAGR up to 2025.
Home sleep apnea testing devices are specifically used at home to diagnose sleep apnea disorders. There are variety of home sleep apnea testing devices with different sensors and equipment that help in collecting information regarding breathing rate, heart rate, brain activity, muscle movement, etc.
Increase in number of people suffering from sleep apnea disorders and rising awareness regarding the detection & diagnosis of sleep apnea at home will be key driving factors for the growth of global home sleep apnea testing devices industry.
Type 3 device segment dominates the industry with USD 310 million revenue share in 2018.

Premium Report Details

  • Published Date: Nov 2019
  • Pages: 200
  • Tables: 468
  • Charts / Figures: 19
  • Companies covered: 13
  • Countries covered: 28

Get a report that explains COVID-19 impact on this market

Buy Now

Need a Discount? Get in touch with us for special pricing

Request Discount

 Connect with our sales team

Chat with us
We use cookies to enhance user experience. (Privacy Policy) X