Sleep apnea is a common type of sleep disorder that happens when an individual is having trouble in breathing during sleep where breathing repeatedly stops and starts. Sleep apnea devices are primarily provided as diagnostic and therapeutic devices in order to treat obstructive sleep apnea syndrome, central sleep apnea syndrome and complex sleep apnea syndrome. Continuous positive airway pressure is widely recommended device to treat obstructive sleep apnea.
Drive DeVilbiss International and KONINKLIJKE PHILIPS N.V – Notable Market Players in Sleep Apnea Diagnostics Market
The sleep apnea diagnostics market majorly consists of the players such as Drive DeVilbiss International, ResMed Inc., Nihon Kohden Corporation, SOMNOmedics GmbH, Cleveland Medical Devices Inc., Koninklijke Philips N.V., Cadwell Industries Inc., Natus Medical Incorporated, Itamar Medical Ltd., Compumedics Limited.
The companies have been implementing various strategies that have helped the growth of the company and in turn have brought about various changes in the market. The companies have adopted several inorganic and organic strategies to accelerate their growth and improve their market position.
Below is the list of the growth strategies done by the players operating in the sleep apnea diagnostics market:
| Year | News |
| Oct-2021 | ResMed Inc. acquires Ectosense, a Leader in Connected Home Sleep Testing. Ectosense’s FDA-approved NightOwl is sold in the United States, Australia, New Zealand, India, and parts of Europe. ResMed has distributed NightOwl in Australia, New Zealand, and India since 2020 under the brand “ResMed onesleeptest,” and has been a minority investor in Ectosense since July 2020. Ectosense will operate within ResMed’s Sleep and Respiratory Care business.
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| Sep-2021 | Koninklijke Philips N.V. received authorization from the US Food and Drug Administration (FDA) for the rework of the affected first-generation DreamStation devices. |
| Nov-2019 | Drive DeVilbiss International exhibited the products in MEDICA 2019 – Düsseldorf, Germany. The Company is very active in participation in various events across world, this leads to brand and product awareness among customers and end users. |
