The sleep economy is 'having a moment', says medical equipment firm Resmed

Core Insights - The importance of sleep is increasingly recognized as a critical pillar of human health alongside diet and exercise [1] - The World Sleep Congress highlights the relationship between sleep, health, and wellness, as well as the prevalence of sleep disorders, particularly insomnia, which affects over 70% of people in Asia [2] Company Insights - ResMed is a key player in the sleep apnea market, primarily generating revenue from CPAP (Continuous Positive Airway Pressure) machines, which are considered the gold standard for treating sleep apnea [3][5] - ResMed is also involved in alternative therapies for sleep apnea, including mandibular devices and nerve stimulation, but emphasizes that CPAP is the most effective treatment for the majority of patients [6][7] Product Developments - Modern CPAP machines have evolved to be smaller, quieter, and more comfortable, with cloud connectivity that enhances patient adherence to therapy [9][10] - Studies indicate that patients using cloud-connected CPAP machines have a significantly higher adherence rate of over 70%, which can increase to over 85% when patients actively engage with their therapy data through an app [10][11] Health Implications - Untreated sleep apnea is linked to increased mortality rates, with a 35% increase in overall mortality and a 55% increase in cardiovascular mortality [11][12] - The condition exacerbates various health issues, including cardiovascular disease, hypertension, and even dementia, highlighting the critical need for awareness and treatment [12]