Nox Medical

Nox Medical

Portable sleep diagnostics devices & software

Overview

Nox Medical is a sleep diagnostics company that develops and sells devices and software for diagnosing sleep disorders. Its product line includes home sleep testing devices like the Nox T3s and portable polysomnography systems such as the Nox A1 PSG, along with sensors, accessories, and the Noxturnal analysis software. These tools are designed to be easy to use and comfortable for a wide range of patients, including children, and are used in clinics, hospitals, and sleep centers. The devices work by collecting sleep data through sensors during sleep (home or in-lab studies) and then using software to analyze and review the results for clinicians. Nox Medical differentiates itself through a focus on patient comfort, portability, and an integrated hardware-software ecosystem that simplifies sleep studies and improves accuracy. Its goal is to advance sleep medicine by making sleep monitoring more accessible, efficient, and reliable, ultimately improving patient outcomes.

About Nox Medical

Simplify's Rating
Why Nox Medical is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Industrial & Manufacturing

Enterprise Software

Healthcare

Company Size

51-200

Company Stage

Growth Equity (Venture Capital)

Total Funding

$13.6M

Headquarters

Reykjavík, Iceland

Founded

2006

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Simplify's Take

What believers are saying

  • Nox Connect integrates FDA-cleared AI like BodySleep for cloud scoring.
  • Nox SAS launches self-applied HST with EEG, EMG in US market.
  • Canadian subsidiary enhances North American distribution and support.

What critics are saying

  • ResMed's 2024 Vyaire acquisition consolidates market, erodes Nox pricing.
  • 2025 CMS HST cuts compress Nox T3 margins in 6-12 months.
  • Philips re-enters HST with hospital bundles, competes directly 12-24 months.

What makes Nox Medical unique

  • Nox Flow provides calibrated RIP for quantifiable airflow unlike proxy systems.
  • Nox A1s PSG is tether-free, enabling natural movement in-lab studies.
  • Nox T3s HST uses Nox Flow for trusted home sleep apnea testing.

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Funding

Total Funding

$13.6M

Above

Industry Average

Funded Over

10 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

0%
Sleep Review
Aug 15th, 2025
Nox Launches Self-Applied Home Sleep Test with EEG, EMG Electrodes

Nox Medical has launched the Nox SAS solution in the United States market.

Sleep Review
Apr 4th, 2025
How AI Will Minimize CPAP Failures

For example, Harvard Medical School researchers, along with Nox Medical, are working on an AI-powered model that analyzes sleep apnea endophenotypes.

Nox Medical
Dec 9th, 2024
New Resource - The Critical Role of Airflow in Sleep Diagnostics

Nox Medical recently released a Clinical Application Paper; "The Critical Role of Airflow in Sleep Diagnostics", a comprehensive resource to assist sleep professionals in understanding the critical importance of airflow measurement in diagnosing Sleep-Disordered Breathing (SDB).

Sleep Review
May 29th, 2024
Nox Introduces Cloud-Based Solution for Enhanced Sleep Lab Operations

Nox Medical, a provider of sleep testing technologies, announced the launch of Nox Connect, a cloud-based platform designed to enhance the way sleep labs manage sleep testing and personnel operational workflows.

Sleep Review
May 15th, 2024
Nox Medical Establishes Canadian Presence With New Location

Nox Medical has launched Nox Medical Canada Inc, its first physical location in Canada, to streamline the distribution of sleep testing equipment and enhance customer support.

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