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Sleep patient volume growth slows 

Sleep patient volume growth slows 

NEW YORK – Sleep patient volume growth was slower in the last 12 months but is expected to improve in the next 12 months, according to the 1Q25 HME Sleep and Oxygen Survey from Needham. 

Respondents saw their sleep patient volume increase by an average of 3.4% in the last 12 months (vs. 4.3% in the prior survey) and expect their sleep patient volume to increase by 7.2% in the next 12 months (vs. 6.1% in the prior survey). They reported having a 0.3 month patient backlog, down from 0.7 months in the 3Q24 survey. 

Outside factors 

While 76% of respondents indicated they were unsure how many of their sleep patients were on GLP-1 drugs, the remaining 24% estimated that an average of 8.5% of their sleep patients were on a GLP-1 drug. Of the sleep patients currently taking GLP-1 drugs, respondents indicated that 2.2% had stopped using CPAP therapy, up from 1.2% in our 3Q24 survey. 

“While the numbers are still small, we think that this indicates that GLP-1 drugs may be resulting in an increasing number of patients stopping CPAP therapy,” Needham stated. 

Market share 

  • In the next 12 months, respondents expect Resmed's share of their flow generator purchases to decrease 4.8% from 89.8% to 85.0% and its share of their mask purchases to decrease by 1.8% from 54.5% to 52.7%. 
  • Respondents expect Philips Respironics' share of their flow generator purchases to increase by 1% from 0.8% to 1.8% and its share of their mask purchases to decrease by 4.4% from 18.3% to 14.0%. 
  • They expect React Health's share of their flow generator purchases to increase 4% from 8.8% to 12.8% and its share of their mask purchases to increase by 2.8% from 2.7% to 5.5%.  
  • They expect Fisher & Paykel's share of their mask purchases to increase by 2.0% from 19.2% to 21.2%. 

Resmed had the highest rated flow generators, nasal masks and nasal pillow masks and was tied for the highest rated full-face masks. 

Pricing 

Respondents indicated that flow generator prices increased by 0.9% in the last 12 months vs. a 3.6% increase in the 3Q24 survey. This marks the sixth consecutive decrease in price increases, likely due to increasing supply of flow generators. 

Respondents indicated that mask prices increased by 2.9% in the last 12 months vs. 1.1% growth in the 3Q24 survey. 

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