The Apple watch data isn't really useful for this at all as the frequency of monitoring is just too low. There are a bunch of ~$100 devices that you can get from Amazon that do a fantastic job monitoring O2 Sat for a night and have nice integrations into Apple/Android.
I do wish the CPAP's offered this type of integration - that is, they had a Bluetooth receiver to which I could pair an O2 sensor, and have the data coupled with my breathing analysis. This would be nice to have in OSCAR (the open-source analysis package) or even in Apple Health.
Instead, the manufactures like ResMed treat this data as a walled garden and try their hardest to require everything to go through a Sleep Doctor who pays them a non-trivial data subscription.