ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET 2021-2028

Lifesciences | Medical Devices & Consumables

ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET 2021-2028

Market by Product Type, Industry Verticals, and Country | Forecast 2021-2028

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An analysis by Triton Market suggests that the sleep apnea therapeutics and diagnostics market in the Asia-Pacific is set to progress with a CAGR of 8.50% in the projected duration from 2021 to 2028.


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The countries considered in this market include:

•           China

•           Japan

•           India

•           South Korea

•           ASEAN countries

•           Australia & New Zealand

•           Rest of APAC countries

There is a high prevalence of sleep apnea in China. For instance, a study conducted by Lancet in July 2019, put forth that 8.80% of the country’s population, in the age group of 30-69 years, were affected by moderate to severe sleep apnea. This shows that there is a growing need for sleep therapeutics and diagnostics in the country. Moreover, the presence of local players and technological developments have propelled the growth of this industry. For instance, local companies like ChoiceMMed and Apex Medical Corp provide a diversified product portfolio for sleep apnea devices.

India’s sleep apnea therapeutics and diagnostics market is witnessing growth, which is primarily driven by the growing urbanization, increased smartphone usage, improved internet connectivity, and rising expenditure on the healthcare infrastructure. The high prevalence rate of sleep apnea is a major factor driving the demand in the country.

Various companies, such as ResMed and Itamar Medical Ltd, are expanding their business here by offering home sleep testing solutions. Also, several local organizations are developing low-cost sleep apnea devices. For instance, National Aerospace Laboratories (NAL) launched a non-invasive BPAP ventilator, called SwasthVayu, for treating COVID-19 patients, in May 2020. This device can also be used for treating sleep apnea patients.

Nihon Kohden Corporation is a manufacturer of electronic medical equipment. The company’s product portfolio is dedicated to diagnosis, testing, treatment, rehabilitation, emergency care, and home care areas. In addition, it develops a variety of physiological measuring equipment, in-vitro diagnostic solutions, patient monitoring systems, basic laboratory equipment, etc. Founded in 1951, Nihon Kohden is headquartered in Tokyo, Japan.

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Table of Content

1. ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET

2.2. KEY INSIGHTS

2.3. PORTER'S FIVE FORCES MODEL

2.3.1. BARGAINING POWER OF BUYERS

2.3.2. BARGAINING POWER OF SUPPLIERS

2.3.3. THREAT OF SUBSTITUTE PRODUCTS

2.3.4. THREAT OF NEW ENTRANTS

2.3.5. COMPETITIVE RIVALRY

2.4. LEGAL, POLICY & REGULATORY FRAMEWORK

2.5. SUPPLY CHAIN OUTLOOK

2.6. MARKET ATTRACTIVENESS INDEX

2.7. VENDOR SCORECARD

2.8. KEY MARKET STRATEGIES

2.8.1. ACQUISITIONS & MERGERS

2.8.2. NEW PRODUCT LAUNCHES & DEVELOPMENTS

2.8.3. CONTRACTS AND PARTNERSHIPS

2.8.4. BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES

2.9. MARKET DRIVERS

2.9.1. AWARENESS RELATED TO THE NEGATIVE IMPACT OF UNTREATED SLEEP APNEA

2.9.2. RISE IN GERIATRIC POPULATION AND OBESITY CASES

2.9.3. DISTURBED SLEEP DUE TO INCREASED USE OF GADGETS AT NIGHT-TIME

2.10. MARKET CHALLENGES

2.10.1. HIGH COST OF SLEEP APNEA DEVICES

2.10.2. UNFAVORABLE REIMBURSEMENT LANDSCAPE

2.10.3. LACK OF PATIENT ADHERENCE TO THE TREATMENT RECOMMENDED

2.11. MARKET OPPORTUNITIES

2.11.1. INCREASING USAGE OF AT-HOME MONITORING DEVICES

2.11.2. ADVANCEMENTS IN TECHNOLOGY

3. ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET – BY PRODUCT TYPE

3.1. THERAPEUTICS

3.1.1. POSITIVE AIRWAY PRESSURE (PAP) DEVICES

3.1.2. OXYGEN DEVICES

3.1.3. MASKS AND ACCESSORIES

3.1.4. ORAL APPLIANCES

3.1.5. ADAPTIVE SERVO VENTILATION (ASV) DEVICES

3.2. DIAGNOSTICS AND MONITORING

3.2.1. POLYSOMNOGRAPHY DEVICE (PSG)

3.2.2. OXIMETER

3.2.3. ACTIGRAPHY MONITORING DEVICE

3.2.4. RESPIRATORY POLYGRAPH

3.2.5. SLEEP APNEA SCREENING DEVICE

3.2.6. OTHER DIAGNOSTICS AND MONITORING DEVICES

4. ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET – BY INDUSTRY VERTICALS

4.1. HOSPITALS & SLEEP LABORATORIES

4.2. HOME CARE SETTINGS

5. GEOGRAPHICAL ANALYSIS – ASIA-PACIFIC

5.1. COUNTRY ANALYSIS

5.1.1. CHINA

5.1.2. JAPAN

5.1.3. AUSTRALIA & NEW ZEALAND

5.1.4. INDIA

5.1.5. SOUTH KOREA

5.1.6. ASEAN COUNTRIES

5.1.7. REST OF ASIA-PACIFIC

6. COMPETITIVE LANDSCAPE

6.1. BMC MEDICAL CO LTD

6.2. BRAEBON MEDICAL CORPORATION

6.3. CADWELL INDUSTRIES INC

6.4. DEVILBISS HEALTHCARE LLC

6.5. FISHER & PAYKEL HEALTHCARE CORPORATION LIMITED

6.6. GE HEALTHCARE (GENERAL ELECTRIC COMPANY)

6.7. INVACARE CORPORATION

6.8. ITAMAR MEDICAL LTD

6.9. KONINKLIJKE PHILIPS NV

6.10. MEDTRONIC PLC

6.11. NIHON KOHDEN CORPORATION

6.12. SIGNIFIER MEDICAL TECHNOLOGIES LIMITED

6.13. RESMED INC

6.14. SMITHS MEDICAL INC

6.15. SOMNOMEDICS GMBH

6.16. TELEFLEX INCORPORATED

6.17. VYAIRE MEDICAL INC

7. RESEARCH METHODOLOGY & SCOPE

7.1. RESEARCH SCOPE & DELIVERABLES

7.1.1. OBJECTIVES OF STUDY

7.1.2. SCOPE OF STUDY

7.2. SOURCES OF DATA

7.2.1. PRIMARY DATA SOURCES

7.2.2. SECONDARY DATA SOURCES

7.3. RESEARCH METHODOLOGY

7.3.1. EVALUATION OF PROPOSED MARKET

7.3.2. IDENTIFICATION OF DATA SOURCES

7.3.3. ASSESSMENT OF MARKET DETERMINANTS

7.3.4. DATA COLLECTION

7.3.5. DATA VALIDATION & ANALYSIS

List of Tables

TABLE 1: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: ACQUISITIONS & MERGERS

TABLE 4: NEW PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 5: CONTRACTS AND PARTNERSHIPS

TABLE 6: BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES

TABLE 7: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET, BY PRODUCT TYPE, 2021-2028 (IN $ MILLION)

TABLE 8: ASIA-PACIFIC THERAPEUTICS MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 9: ASIA-PACIFIC DIAGNOSTICS AND MONITORING MARKET, BY TYPE, 2021-2028 (IN $ MILLION)

TABLE 10: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET, BY INDUSTRY VERTICALS, 2021-2028 (IN $ MILLION)

TABLE 11: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET, COUNTRY OUTLOOK, 2021-2028 (IN $ MILLION)

List of Figures

FIGURE 1: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 2: PORTER'S FIVE FORCES MODEL

FIGURE 3: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET, BY PRODUCT TYPE, 2020 & 2028 (IN %)

FIGURE 4: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET, BY THERAPEUTICS, 2021-2028 (IN $ MILLION)

FIGURE 5: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS MARKET, BY POSITIVE AIRWAY PRESSURE (PAP) DEVICES, 2021-2028 (IN $ MILLION)

FIGURE 6: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS MARKET, BY OXYGEN DEVICES, 2021-2028 (IN $ MILLION)

FIGURE 7: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS MARKET, BY MASKS AND ACCESSORIES, 2021-2028 (IN $ MILLION)

FIGURE 8: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS MARKET, BY ORAL APPLIANCES, 2021-2028 (IN $ MILLION)

FIGURE 9: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS MARKET, BY ADAPTIVE SERVO VENTILATION (ASV) DEVICES, 2021-2028 (IN $ MILLION)

FIGURE 10: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET, BY DIAGNOSTICS AND MONITORING, 2021-2028 (IN $ MILLION)

FIGURE 11: ASIA-PACIFIC DIAGNOSTICS AND MONITORING MARKET, BY POLYSOMNOGRAPHY DEVICE (PSG), 2021-2028 (IN $ MILLION)

FIGURE 12: ASIA-PACIFIC DIAGNOSTICS AND MONITORING MARKET, BY OXIMETER, 2021-2028 (IN $ MILLION)

FIGURE 13: ASIA-PACIFIC DIAGNOSTICS AND MONITORING MARKET, BY ACTIGRAPHY MONITORING DEVICE, 2021-2028 (IN $ MILLION)

FIGURE 14: ASIA-PACIFIC DIAGNOSTICS AND MONITORING MARKET, BY RESPIRATORY POLYGRAPH, 2021-2028 (IN $ MILLION)

FIGURE 15: ASIA-PACIFIC DIAGNOSTICS AND MONITORING MARKET, BY SLEEP APNEA SCREENING DEVICE, 2021-2028 (IN $ MILLION)

FIGURE 16: ASIA-PACIFIC DIAGNOSTICS AND MONITORING MARKET, BY OTHER DIAGNOSTICS AND MONITORING DEVICES, 2021-2028 (IN $ MILLION)

FIGURE 17: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET, BY INDUSTRY VERTICALS, 2020 & 2028 (IN %)

FIGURE 18: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET, BY HOSPITALS & SLEEP LABORATORIES, 2021-2028 (IN $ MILLION)

FIGURE 19: ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET, BY HOME CARE SETTINGS, 2021-2028 (IN $ MILLION)

FIGURE 20: CHINA SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 21: JAPAN SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 22: AUSTRALIA & NEW ZEALAND SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 23: INDIA SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 24: SOUTH KOREA SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 25: ASEAN COUNTRIES SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET 2021-2028 (IN $ MILLION)

FIGURE 26: REST OF ASIA-PACIFIC SLEEP APNEA THERAPEUTICS AND DIAGNOSTICS MARKET 2021-2028 (IN $ MILLION)

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