The objective of the study is to analyze the key market dynamics, such as drivers, opportunities, restraints, challenges, and key player strategies. To track company developments such as acquisitions, product launches and approvals, expansions, agreements, and partnerships of the leading players, the competitive landscape of the sleep apnea devices market to analyze market players on various parameters within the broad categories of business and product strategy. Top-down and bottom-up approaches were used to estimate the market size. To estimate the market size of segments and subsegments, the market breakdown and data triangulation were used.
The four steps involved in estimating the market size are
Secondary Research
In the secondary research process, various secondary sources such as annual reports, press releases & investor presentations of companies, white papers, certified publications, articles by recognized authors, gold-standard & silver-standard websites, regulatory bodies, and databases (such as D&B Hoovers, Bloomberg Business, and Factiva) were referred to identify and collect information for this study.
Primary Research
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. Primary sources were mainly industry experts from the core and related industries and preferred suppliers, manufacturers, distributors, service providers, technology developers, researchers, and organizations related to all segments of this industry’s value chain. In-depth interviews were conducted with various primary respondents, including key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, to obtain and verify critical qualitative and quantitative information as well as assess prospects.
The following is a breakdown of the primary respondents:
Breakdown of Primary Participants:
Note 1: Others include sales managers, marketing managers, and product managers.
Note 2: Companies are classified into tiers based on their total revenues. As of 2022/2023, Tier 1 = >USD 1 million, Tier 2 = USD 500 million to USD 1 billion, and Tier 3 = <USD 500 million.
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COMPANY NAME
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DESIGNATION
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SOMNOmedcis AG (Germany)
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Country Manager
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ResMed (US)
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Regional Sales Manager
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Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the sleep apnea devices market's total size. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
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The key players in the industry have been identified through extensive secondary research
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The revenues generated by leading players operating in the sleep apnea devices market have been determined through primary and secondary research.
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All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Sleep apnea devices Market Size: Bottom Up Approach
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Global Sleep apnea devices Market Size: Top-Down Approach
Data Triangulation
After arriving at the overall market size by applying the process mentioned above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Market Definition
Sleep apnea is a common sleep disorder that usually goes undiagnosed but has serious and life-threatening effects. The disease involves abnormal pauses in breathing, ranging from a few seconds to minutes, or the occurrence of an abnormal breathing rate; the most common type is obstructive sleep apnea. Sleep apnea devices help force air into the nasal passages at high pressure to overcome obstructions in the airway and stimulate normal breathing.
Key Stakeholders
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Senior Management
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Sleep Laboratories, Clinics, & Hospitals
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Home Care Settings
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Academic & research institutes
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Finance/Procurement Department
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R&D Department
Report Objectives
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To define, describe, segment, and forecast the global sleep apnea devices market by product, end user, age group, gender and region
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To provide detailed information regarding the major factors influencing the market growth (such as drivers, restraints, opportunities, challenges, and trends)
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To analyze the micromarkets with respect to individual growth trends, prospects, and contributions to the overall sleep apnea devices market
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To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players
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To forecast the size of the market segments with respect to six regions—North America, Europe, the Asia Pacific, Latin America, Middle East & Africa, and GCC Countries
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To profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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To benchmark players within the market using the proprietary Company Evaluation Matrix framework, which analyzes market players on various parameters within the broad categories of business and product excellence
Available Customizations
MarketsandMarkets offers the following customizations for this market report.
Country Information
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Additional country-level analysis of the sleep apnea devices market
Company profiles
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Additional five company profiles of players operating in the sleep apnea devices market.
Product Analysis
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Product matrix, which provides a detailed comparison of the product portfolio of each company in the sleep apnea devices market
Dustin
Jun, 2022
Which of the end user segment is supposed to hold the major share of the global Sleep Apnea Devices Market?.
Andy
Jun, 2022
Which factors are responsible for boosting the global growth of Sleep Apnea Devices Market?.