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Founded Year

2016

Stage

Acquired | Acquired

Total Raised

$12.5M

About Somnoware

Somnoware operates a cloud-based platform for respiratory care management. The platform orchestrates data flow between disparate medical devices, unifies datasets within a single platform, and delivers various data analytics. The platform enables screening, diagnosis, intervention, and patient engagement. The company was founded in 2016 and is based in Sunnyvale, California. In July 2023, Somnoware was acquired by ResMed. The terms of the transaction were not disclosed.

Headquarters Location

530 Lakeside Dr

Sunnyvale, California, 94085,

United States

888-998-0098

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Expert Collections containing Somnoware

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Somnoware is included in 3 Expert Collections, including Artificial Intelligence.

A

Artificial Intelligence

10,958 items

Companies developing artificial intelligence solutions, including cross-industry applications, industry-specific products, and AI infrastructure solutions.

D

Digital Health

10,585 items

The digital health collection includes vendors developing software, platforms, sensor & robotic hardware, health data infrastructure, and tech-enabled services in healthcare. The list excludes pureplay pharma/biopharma, sequencing instruments, gene editing, and assistive tech.

T

Telehealth

2,856 items

Companies developing, offering, or using electronic and telecommunication technologies to facilitate the delivery of health & wellness services from a distance. *Columns updated as regularly as possible; priority given to companies with the most and/or most recent funding.

Somnoware Patents

Somnoware has filed 1 patent.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

6/10/2016

Electronic health records, Health informatics, Sleep disorders, Medical terminology, Telehealth

Application

Application Date

6/10/2016

Grant Date

Title

Related Topics

Electronic health records, Health informatics, Sleep disorders, Medical terminology, Telehealth

Status

Application

Latest Somnoware News

Respiratory Disposables Market to Reach US$ 1.8 billion by 2031, Expanding at a CAGR of 5.2%: TMR Report

Aug 21, 2023

Key Developments in the Respiratory Disposables Market In July 2023 – ResMed announced the acquisition of privately held Somnoware, a U.S. leader in sleep and respiratory care diagnostics software. In May 2023 –The New York Boulders are pleased to announce a promotional partnership with Dynarex Corporation. Dynarex is a leading medical supply company providing premium medical products and durable medical equipment at an exceptional value — for an unparalleled one-stop shopping experience. Ambu A/S -developed disposable anesthesia breathing circuits for surgical and critical care applications. Innovation in single-use endotracheal tubes and masks, enhancing infection control in healthcare settings. Teleflex Incorporated introduced specialized oxygen therapy products, such as nasal cannulas and masks, for enhanced patient comfort and oxygen delivery. Research into disposable ventilation products for use in emergency and critical care settings. An increasing number of patients suffering from diseases including asthma, lung cancer, Chronic Obstructive Pulmonary Disease (COPD), and Obstructive Sleep Apnea (OSA), boost the market growth. The increasing aging population across the globe as old people are more susceptible to respiratory conditions and often require respiratory support, is expected to contribute to the sustained demand for respiratory disposable The growing need for effective treatment approaches and devices such as inhaled medications and oxygen therapy is projected to augment respiratory disposables market statistics in the near future. Key Takeaways from the Market Study As of 2022, the respiratory disposable market was valued at US$ 1.16 billion By application, the COPD segment to enjoy high demand, accumulating a high revenue share during the forecast period Based on product, the mouthpieces & oxygen masks product segment is anticipated to dominate the industry during the forecast period Based on end-user, the hospital segment is expected to generate high revenue during the forecast period, due to the increased demand for respiratory disposables from hospital settings Respiratory Disposables Market: Key Trends and Opportunistic Frontiers Increased investment in the healthcare sector to address the high burden of respiratory diseases and increased governments’ focus on enhancing healthcare infrastructure to drive the respiratory disposable market The growing technological advances and innovations in medical technology lead to the development of more sophisticated and efficient disposable respiratory devices. This includes improved materials, design, and functionalities that enhance patient comfort and treatment outcomes. Advancements in connectivity and digital health have led to the development of smart respiratory disposables that can integrate with telehealth platforms and provide real-time monitoring and data collection. Respiratory Disposables Market- Regional Analysis North America is estimated to dominate the respiratory disposable market during the forecast period. The presence of well-developed healthcare systems and early adoption of new medical technologies, including disposable respiratory devices, drives market growth in the region. The growing emphasis on home-based healthcare and telemedicine drives the demand for user-friendly disposable devices that patients can use at home. The respiratory disposables industry in the Asia Pacific is projected to grow at a rapid pace during the forecast period. Increasing investments in healthcare infrastructure, coupled with rising awareness of respiratory health, contribute to the growth of the respiratory disposable market. Respiratory Disposables Market – Key Segments Product About Transparency Market Research Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information. Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact:

Somnoware Frequently Asked Questions (FAQ)

  • When was Somnoware founded?

    Somnoware was founded in 2016.

  • Where is Somnoware's headquarters?

    Somnoware's headquarters is located at 530 Lakeside Dr, Sunnyvale.

  • What is Somnoware's latest funding round?

    Somnoware's latest funding round is Acquired.

  • How much did Somnoware raise?

    Somnoware raised a total of $12.5M.

  • Who are the investors of Somnoware?

    Investors of Somnoware include ResMed, CerraCap Ventures, TransLink Capital and World Innovation Lab.

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