According to The Insight Partners market research study of Continuous Positive Airway Pressure (CPAP) Devices Market to2027 - Global Analysis and Forecast by Type and End User, the global continuous positive airway pressure (CPAP) devices market is expected to reach US$ 4,481.41 million by2027 from US$ 2,462.86 million in 2019.
According to The Insight Partners market research study of Continuous Positive Airway Pressure (CPAP) Devices Market to2027 - Global Analysis and Forecast by Type and End User, the global continuous positive airway pressure (CPAP) devices market is expected to reach US$ 4,481.41 million by2027 from US$ 2,462.86 million in 2019. The market is estimated to grow at a CAGR of 7.8% from 2020 to 2027. The report highlights trends prevailing in the global continuous positive airway pressure (CPAP) devices market and the factors driving market along with those that act as hindrances.
Continuous positive airway pressure devices also referred to as CPAP devices are used in hospital and emergency settings as an oxygen source to patients suffering from respiratory insufficiency. These devices also act as a mainstay for oxygen provision among patients undergoing heart failure treatment. These devices help to create an effective impact in care and treatment among patients with pulmonary edema, heart failure, COPD, and others. Growing prevalence of sleep apnea, respiratory disorders, rising number of geriatric population, and increasing prevalence of obesity are the major factors propelling the demand for CPAP devices. However, the high cost and negative effect of devices, such as nasal stuffiness, congestion, dryness, skin irritation are expected to restraint the growth of the Continuous Positive Airway Pressure (CPAP) Devices market during the forecast years.
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Continuous Positive Airway Pressure (CPAP) Devices Market Competitive Landscape and Key Development
3B Medical, Inc., Airing,Cardinal Health, DeVilbiss Healthcare LLC, Smiths Medical (Smiths Group Plc.),Koninklijke Philips N.V., Somnetics International, Inc. (Transcend), Sleepnet Technological Advancement in Continuous Positive AirwayPressure (CPAP) Devices
Technological Advancement in Continuous Positive Airway Pressure (CPAP) Devices
The launch of continuous positive airway pressure (CPAP) devices is creating a dynamic competition among players to keep up their position in the market. The players are coming up with multiple and advanced types of devices for buyers in order to offer a wide range of alternatives in the field of treatment of sleep apnea and respiratory disorder. For instance, in August 2016, ResMedlaunched an application called my Air, for continuous positive airway pressure devices users to track sleep apnea treatment. With my Air, CPAP users can track their treatment via an iOS system, which facilitates users to access their daily sleep patterns and coaching tips. Furthermore, in April 2017, ResMed launched the world’s smallest CPAP called AirMini, to provide treatment for patients suffering from apnea. With Reset’s AutoSet, AirMini is present with a built-in humidification system. Additionally, in April 2017, RoyalPhilips launched DreamStation Go, which was the latest and smallest positive airway pressure (PAP) developed to simplify travel for patients living with obstructive respiratory disorder. The company is into innovation for respiratoryc are types that serve the needs of patients with COPD and neuromusculardiseases.Moreover,in2019, ResMed have released new Types including AirFitF30,afull-facemaskwithminimal-contactcushion,andAirFitN30iandP30i,atop-of-headconnectednasalandpillowmask,respectively. Corporation, Circadiance, and ResMedare among the leading companies operating in the continuous positive airway pressure (CPAP) devices market.
Based on type, the continuous positive airway pressure (CPAP) devices market is segmented into automatic and manual. The automatic segment held the larger share of the market in 2019, as this technology has a sensitive algorithm that allows the machine to detect the inhalation pressure which patients need for each breath. Moreover, a study conducted by NCBI, reports that, auto-CPAP is as effective as constant CPAP and the wide pressure range of this device can be used in all patients, suggesting, in future the use of a broad pressure range in the auto-CPAP mode could prevent the need for the titration night
Based on end user, the continuous positive airway pressure (CPAP) devices market is segmented into emergency health departments and hospitals. The hospitals segment held the largest share of the market in 2019. Moreover, emergency health departments segment is estimated to register the highest CAGR in the forecast period.
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