Uploaded on Jul 19, 2021
The global positive airway pressure (PAP) devices market by product was led by continuous positive airway pressure (CPAP) devices segment. In 2018, the CPAP devices segment held the largest share of the market, by product.
Positive Airway Pressure (PAP) Devices Market to 2027 - Global Analysis and Forecasts By Product
Positive Airway Pressure (PAP) Devices Market Global Analysis and Forecasts By Product (Automatic Positive Airway Pressure (APAP) Devices, Continuous Positive Airway Pressure (CPAP) Devices, Bilevel Positive Airway Pressure (BPAP) Devices); End User (Sleep Laboratories & Hospitals, Home Care/Individuals) and Geography Positive Airway Pressure (PAP) Devices Market The global positive airway pressure (PAP) devices market is expected to reach US$ 4,731.03 Mn in 2027 from US$ 2,332.14 Mn in 2018. The market is estimated to grow with a CAGR of 8.3% from 2019-2027. The report highlights the trends prevalent in the global positive airway pressure (PAP) devices market and the factors driving the market along with those that act as deterrents to its growth. The market for positive airway pressure (PAP) devices is expected to grow, owing to factors such as increased prevalence of sleep apnea, rising geriatric population and technological developments. However, the restraints such as absence of patient compliance are likely to impact the growth of the market in the forecast period. Positive Airway Pressure (PAP) Devices Market Positive airway pressure (PAP) devices market, based on the product, was segmented as, automatic positive airway pressure (APAP) devices, continuous positive airway pressure (CPAP) devices, and bilevel positive airway pressure (BPAP) devices. In 2018, the CPAP devices segment held the largest share of the market, by product. However, the APAP devices segment is also expected to witness growth in its demand at a fastest CAGR during 2019 to 2027 owing to its advantages such as providing a range of air pressure to meet the patient’s particular changing breathing needs for the night. It is made with low pressure setting and a high pressure setting. Market Insights Increased Prevalence of Sleep Apnea Obstructive sleep apnea (OSA) is the frequent partial and complete airway obstructions that occur while sleeping. The severity of the disease is calculated with an apnea-hypopnea index (AHI); it is the mean number of apneas and hypopneas during per hour of sleep. In recent years, the prevalence of obstructive sleep apnea (OSA) has been increasing, which eventually affects the health, safety, and economic conditions. The OSA is related to health concerns which include cardiovascular disease and metabolic disorders in the long run. In-Vitro Diagnostics Market Product Insights The global positive airway pressure (PAP) devices market by product was led by continuous positive airway pressure (CPAP) devices segment. In 2018, the CPAP devices segment held the largest share of the market, by product. However, the APAP devices segment is also expected to witness growth in its demand at a fastest CAGR of 9.9% during 2019 to 2027 owing to its advantages such as providing a range of air pressure to meet the patient’s particular changing breathing needs for the night. It is made with low pressure setting and a high pressure setting. In-Vitro Diagnostics Market Strategic Insights There have been various developments made in the positive airway pressure (PAP) devices market during recent years. However, growth strategies such as approvals, collaborations, and partnerships have been witnessed in the market of positive airway pressure (PAP) devices. For instance, in March 2019, ResMed completed the acquisition of HB Healthcare (HBH) to help millions of South Koreans living with sleep apnea, chronic obstructive pulmonary disease (COPD) and other respiratory conditions. Also, during May 2017, Fisher & Paykel introduced New F&P SleepStyle CPAP Device designed to use in the diagnosis and treatment of sleep specialists and obstructive sleep apnea or OSA patients. Company Profiles Smiths Medical Koninklijke Philips N.V. Devilbiss Healthcare LLC Compumedics Limited VYAIRE 3B Medical, Inc. ResMed Fisher & Paykel Healthcare Limited Löwenstein Medical UK Ltd. APEX MEDICAL CORP. SEGMENTATION BY PRODUCT Automatic Positive Airway Pressure (APAP) Devices Continuous Positive Airway Pressure (CPAP) Devices Bilevel Positive Airway Pressure (BiPAP) Devices BY END USER Sleep Laboratories & Hospitals Home Care/Individuals Positive Airway Pressure (PAP) Devices Market to 2027 - Global Analysis and Forecasts By Product (Automatic Positive Airway Pressure (APAP) Devices, Continuous Positive Airway Pressure (CPAP) Devices, Bilevel Positive Airway Pressure (BPAP) Devices); End User (Sleep Laboratories & Hospitals, Home Care/Individuals) and Geography Thank You Email :[email protected] Phone : +1-646-491-9876
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