Global Sleep Apnea Devices Market Growth Forecast
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 29 2026
0mins
Source: Yahoo Finance
- Market Size Growth: The global sleep apnea devices market is projected to expand from USD 7.95 billion in 2025 to USD 14.68 billion by 2034, growing at a CAGR of 7.05%, reflecting increased awareness of sleep disorders and technological advancements.
- Expanding Patient Base: Approximately 1 billion individuals globally are affected by sleep apnea, with 936 million suffering from obstructive sleep apnea, and over 30 million in the U.S., indicating significant market demand potential.
- Technological Innovation Drive: Recent advancements have made sleep apnea devices smaller, quieter, and more portable, while the introduction of smart devices enhances treatment effectiveness and patient comfort, propelling market growth.
- Homecare Trend: The increasing preference for home-based healthcare solutions has significantly boosted demand for sleep apnea devices, particularly as insurance coverage expands, making home testing devices like NightOwl more appealing.
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About PHG
Koninklijke Philips NV is a Netherlands-based health technology company. The Company's segments include Personal Health businesses, Diagnosis & Treatment businesses, Connected Care businesses and Other. The Personal Health businesses segment is engaged in the health continuum, delivering integrated, connected solutions that support healthier lifestyles and those living with chronic disease as well as oral healthcare and mother and child care support. The Diagnosis & Treatment businesses segment delivers precision medicine and treatment, and therapy. The Connected Care businesses segment provides consumers, care givers and clinicians with digital solutions that facilitate care by enabling precision medicine and population health management. The Other segment comprises such items, as innovation, emerging businesses, royalties, among others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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