India Sleep Apnea Devices Market, By Type (Therapeutic Devices and Diagnostic Devices), By Indication Type (Obstructive Sleep Apnea v/s Central Sleep Apnea), By End User (Hospitals & Clinics, Homecare) By Region, Competition, Forecast & Opportunities, 2017-2027F
India sleep apnea devices market is anticipated to grow from USD120.81 million in 2021 to USD200.93 in 2027 at a CAGR of 8.47% in the forecast period. Growing health-consciousness among consumers about the benefits of adopting preventive healthcare practices and increased prevalence of hypertension and obesity disorders are driving the India sleep apnea devices market growth. Also, the rise in prevalence of sleep disorders among the growing population and the presence of a large geriatric population suffering from sleep problems are expected to boost the demand for sleep apnea devices in the next five years.
The increase in pollution levels adversely impacts the respiratory system, giving rise to the number of respiratory problems in an individual. Pollutants weaken the pulmonary immune response and affect the nasal path. Air pollution negatively impacts obstructive sleep apnea and increases the risk and severity of the diseases, creating the demand for sleep apnea devices among patients. Also, adopting a sedentary lifestyle and unhealthy eating habits increases the prevalence of obesity disorders among the young population. Increased obesity can lead to sleep apnea, which generates the need for sleep apnea devices among the suffering individuals.
Also, the government's healthcare expenditure and high-end investments by the market players for research and development activities to increase the effectiveness and integrate advanced technologies with sleep apnea devices are expected to propel the India sleep apnea devices market growth through the next five years.
The India sleep apnea devices market is segmented into type, indication type, end user, company, and regional distribution. Based on indication type, the market is bifurcated into obstructive sleep apnea and central sleep apnea. The obstructive sleep apnea indication devices dominated the market in 2021, accounting for the largest market share of 71.28%, and are expected to maintain their dominance throughout the forecast period. High prevalence of obstructive sleep apnea compared to central sleep apnea. Also, the digital transformation of the healthcare industry and the growing popularity of telemedicine, remote consultation services, and wearable technology among patients to efficiently monitor the patients is expected to bolster the India sleep apnea devices market growth through the next five years.
ResMed India Pvt. Ltd, BPL Medical Technologies Pvt. Ltd., BMC Medical Co. Ltd., Philips India Limited, DeVilbiss Healthcare Private Limited, Fisher & Paykel Healthcare India Private Ltd, Nihon Kohden India Pvt. Ltd., Teleflex Medical Private Limited, Omnisleep Solutions, Wipro GE Healthcare Pvt Ltd, are the leading market players operating in the India sleep apnea devices market.
Years considered for this report:
Historical Years: 2017-2020
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2023-2027
Objective of the Study:
- To analyze the historical growth of the market size of India sleep apnea devices market from 2017 to 2021.
- To estimate and forecast the market size of India sleep apnea devices market from 2022 to 2027 and growth rate until 2027.
- To classify and forecast India sleep apnea devices market based on type, indication type, end user, company, and regional distribution.
- To identify dominant region or segment in the India sleep apnea devices market.
- To identify drivers and challenges for India sleep apnea devices market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in India sleep apnea devices market.
- To identify and analyze the profile of leading players operating in India sleep apnea devices market.
- To identify key sustainable strategies adopted by market players in India sleep apnea devices market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of sleep apnea devices manufacturing companies across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the vendors which could not be identified due to the limitations of secondary research.
TechSci Research calculated India sleep apnea devices market size using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Sleep apnea devices manufacturing companies/partners
- Suppliers/Distributers
- End-Users
- Government bodies such as regulating authorities and policy makers
- Organizations, industry associations, forums and alliances related to sleep apnea devices market
- Market research and consulting firms
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as sleep apnea devices manufacturing companies, end users etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, India sleep apnea devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- India Sleep Apnea Devices, By Type:
- Therapeutic Devices
- CPAP
- APAP
- Facial Interfaces
- Adaptive Servo Ventilators
- Others
- Diagnostic Devices
- Polysomnography Devices
- Home Sleep Testing Devices
- Sleep Screening Devices
- Oximeters
- Others
- India Sleep Apnea Devices, By Indication Type:
- Obstructive Sleep Apnea
- Central Sleep Apnea
- India Sleep Apnea Devices, By End User:
- Hospitals & Clinics
- Homecare
- India Sleep Apnea Devices, By Region:
- West
- North
- South
- East
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in India sleep apnea devices market.
Company Information
- Detailed analysis and profiling of additional market players (up to five).
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