According to Market Research Future (MRFR)’s assessment report, the global continuous positive airway pressure devices market is expected to expand at a CAGR of 7.1% during the forecast period 2017 to 2027. It helps patients with sleep apnea to breathe by increasing air pressure in the throat. treatment with continuous positive airway pressure are designed for blowing air into the nose and throat of a patient having sleeping disorders.
The rising patient population of sleep apnea is likely to fuel demand for CPAP devices over the next couple of years. The factors that are responsible for the increasing patient population include rising burden of obesity, physical inactivity, lifestyle changes, etc. As per statistical observations published by sleep.org, over 18 million Americans have sleep apnea. Increasing awareness about the treatment is expected to propel the proliferation of the continuous positive airway pressure devices market over the assessment period. The advancements in the healthcare sector are also projected to favor the rise in the growth curve of the market in the foreseeable future.
Competitive Dashboard:
The noted players operating in the global continuous positive airway pressure devices market are Medtronic (U.S.), DeVilbiss Healthcare LLC (US), 3B Medical, Inc. (U.S.), Koninklijke Philips N.V. (the Netherlands), Armstrong Medical Inc. (U.S.), Smiths Medical (U.S.), ResMed (U.S.), Apex Medical Corp. (Taiwan), Cardinal Health (U.S.), Fisher & Phillips LLP (U.S.), Beijing Dehaier Medical Technology Co., Ltd. (China), and Invacare Corporation (US).
Market Segmentation:
MRFR’s analysis of the global needle-free diabetic care market relies on a segmentation based on Product Type, Features, Automation and End-users.
By Product Type
- CPAP motors
- CPAP hoses
- CPAP mask
- Others
By Features
- the Portability
- Humidifier
- Heated Tubing
- Others
By Automation,
- Manual
- Automatic
By End user
- Private Clinics
- Home Care
- Hospitals
- Others
Regional Analysis:
By region, the global continuous positive airway pressure devices market has been segmented into Americas, Asia Pacific, Europe, and the Middle East & Africa (MEA).
Americas houses a large patient population which is likely to support the pole position secured by the regional segment. Over the next few years, Americas is likely to maintain its pole position. The rising prevalence of obesity is also prognosticated to expedite the expansion of the continuous positive airway pressure devices market in the years to come. Changes in lifestyle are also prognosticated to intensify the problems of sleep apnea among the masses. This, in turn, is poised to propel market growth across the review period.
Europe is another major revenue generating regional segment of the continuous positive airway pressure devices market. It is anticipated to witness the acceleration of revenue creation in the forthcoming years.
Asia Pacific is anticipated to exhibit the fastest growth over the next few years. The growth can be ascribed to the changes in lifestyle, especially of the urban population. With the rapid developments in the economy, the region is also likely to observe rising healthcare expenditures. This, in turn, is prognosticated to catapult the continuous positive airway pressure devices market in the region on an upward trajectory.
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