The North American sleep apnea implants market is anticipated to grow considerably at a CAGR of 8.2% during the forecast period. The high prevalence of sleep apnea across the region is a key factor creating demand for its treatment; which in turn will drive the North American sleep apnea implants market. As per the estimation of the American Sleep Apnea Association, 22 million Americans suffer from sleep apnea, with 80% of the cases of moderate and severe obstructive sleep apnea undiagnosed. OSA, which represents the great preponderance of the cases, when left untreated can lead to high blood pressure, chronic heart failure, atrial fibrillation, stroke, and other cardiovascular problems. The high awareness among population related to the adverse impact of sleep apnea if remain untreated is again aiding to the market growth.
The North American sleep apnea implants market covers segments including type, indication type, and end-user. Based on type, the market is segmented into hypoglossal neurostimulation devices, phrenic nerve stimulator, and palatal implants. Hypoglossal neurostimulation devices segment held major market share in 2020 based on type. The higher adoption of hypoglossal neurostimulation devices owing to better results compared to other devices is a key factor contributing to the high share of this market segment. Based on indication type, the market is segmented into obstructive sleep apnea and central sleep apnea. Based on end-user, the market is segmented into hospitals & clinics and homecare.
Some of the key players operating in the North American sleep apnea market are 3B Medical, Inc., Circadiance LLC., ResMed Inc., Somnetics International, Inc., and Medtronic Plc. In order to sustain in the competitive market, these players adopt various strategies such as merger & acquisition, partnership & collaboration, expansions, joint ventures, and product development.
Research Methodology
The market study of the North American sleep apnea implants market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
The Report Covers
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the North American Sleep Apnea Implants Industry
• Recovery Scenario of North American Sleep Apnea Implants Industry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. North American Sleep Apnea Implants Market, By Type
5.1.1. Hypoglossal Neurostimulation Devices
5.1.2. Phrenic Nerve Stimulator
5.1.3. Palatal Implants
5.2. North American Sleep Apnea Implants Market, By Indication Type
5.2.1. Obstructive Sleep Apnea
5.2.2. Central Sleep Apnea
5.3. North American Sleep Apnea Implants Market, By End-User
5.3.1. Hospitals & Clinics
5.3.2. Home Care
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
7. Company Profiles
7.1. 3B Medical, Inc.
7.2. Aeroflow, Inc.
7.3. AG Industries Ltd.
7.4. Apex Medical Corp.
7.5. Circadiance LLC
7.6. Curative Medical Inc.
7.7. Invacare Corp.
7.8. Koninklijke Philips N.V.
7.9. Medtronic PLC
7.10. ResMed Inc.
7.11. SleepNet Corp.
7.12. Somnetics International, Inc.
7.13. Somnarus Inc.
7.14. Whole You, Inc.
1. NORTH AMERICAN SLEEP APNEA IMPLANTS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2020-2027($ MILLION)
2. NORTH AMERICAN SLEEP APNEA IMPLANTS MARKET RESEARCH AND ANALYSIS BY TYPE, 2020-2027($ MILLION)
3. NORTH AMERICAN SLEEP APNEA IMPLANTS MARKET RESEARCH AND ANALYSIS BY INDICATION TYPE, 2020-2027($ MILLION)
4. NORTH AMERICAN SLEEP APNEA IMPLANTS MARKET RESEARCH AND ANALYSIS BY END-USER, 2020-2027($ MILLION)
1. IMPACT OF COVID-19 ON NORTH AMERICAN SLEEP APNEA IMPLANTS MARKET, 2020-2027 ($ MILLION)
2. IMPACT OF COVID-19 ON NORTH AMERICAN SLEEP APNEA IMPLANTS MARKET BY SEGMENT, 2020-2027 ($ MILLION)
3. RECOVERY OF NORTH AMERICAN SLEEP APNEA IMPLANTS MARKET, 2021-2027(%)
4. NORTH AMERICAN SLEEP APNEA IMPLANTS MARKET SHARE BY TYPE, 2020 VS 2027(%)
5. NORTH AMERICAN SLEEP APNEA IMPLANTS MARKET SHARE BY INDICATION TYPE, 2020 VS 2027(%)
6. NORTH AMERICAN SLEEP APNEA IMPLANTS MARKET SHARE BY END-USER, 2020 VS 2027(%)
7. US SLEEP APNEA IMPLANTS MARKET SIZE, 2020-2027($ MILLION)
8. CANADA SLEEP APNEA IMPLANTS MARKET SIZE, 2020-2027($ MILLION)