Asia Pacific Positive Airway Pressure (PAP) Devices Market Report 2021-2031 by Scope, Segmentation, Dynamics, and Competitive Analysis

Description

List of Tables

The Asia Pacific positive airway pressure (PAP) devices market is projected to grow significantly, reaching approximately US$ 2,394.30 million by 2031, up from US$ 1,341.04 million in 2023, with a compound annual growth rate (CAGR) of 7.5% during the forecast period from 2023 to 2031.

Executive Summary and Market Analysis

The Asia Pacific PAP devices market is categorized into several regions, including China, Japan, India, Australia, South Korea, and the Rest of Asia Pacific. The growth of this market is driven by several factors, including an aging population, an increasing number of patients with obstructive sleep apnea (OSA), advancements in PAP technology, a rise in chronic obstructive pulmonary disease (COPD) cases, and a trend towards home healthcare.

Market Segmentation Analysis

The Asia Pacific PAP devices market can be segmented based on product type, application, and end user:

Product Type: The market includes automatic positive airway pressure (APAP) devices, continuous positive airway pressure (CPAP) devices, and bilevel positive airway pressure (BiPAP) devices. In 2023, CPAP devices dominated the market share.
Application: The applications of PAP devices are primarily in treating COPD, obstructive sleep apnea, and respiratory distress, with obstructive sleep apnea holding the largest market share in 2023.
End User: The end users of PAP devices include hospitals, ambulatory surgical centers, home care, and rehabilitation centers, with hospitals accounting for the largest share in 2023.

Market Outlook

There is a growing preference among patients for receiving treatment in the comfort of their homes rather than in clinical settings. PAP devices are particularly effective in home care environments for managing sleep apnea and other respiratory conditions, which alleviates pressure on healthcare facilities and encourages regular use of these devices. Given that conditions like sleep apnea often require long-term treatment, PAP devices that facilitate at-home care are seen as cost-effective solutions.

The shift towards home healthcare is a significant driver for the sales of PAP devices designed for home use. Manufacturers are increasingly focusing on creating user-friendly, portable, and efficient devices to cater to this expanding market. For instance, ResMed has developed the AirMini Portable CPAP, which is tailored for home care, thereby influencing market dynamics through innovation and enhancing access to respiratory care in both developed and developing regions. As healthcare systems continue to prioritize home-based treatment options, this trend is expected to persist.

Country Insights

The Asia Pacific PAP devices market is comprised of several key countries, with China leading the market share in 2023. The growth in China can be attributed to a rise in new product approvals, a growing elderly population susceptible to sleep apnea, and an increase in respiratory diseases. China, with a GDP of US$ 18 trillion, represents 18% of the global economy, and healthcare spending constitutes 7.1% of its GDP. According to the China Macro Economy Journal 2021, around 264 million individuals aged over 60 years make up 18.7% of the population, contributing to a significant burden of respiratory diseases. A national survey indicated that China accounts for approximately 25% of global COPD cases, with a 67% increase in prevalence among individuals aged 40 and above over the past decade. Additionally, asthma poses a considerable public health challenge, with a prevalence rate of 4.2%, affecting around 45.7 million people in 2019, further driving the demand for PAP devices.

Company Profiles

Key players in the PAP devices market include ICU Medical Inc, React Health (formerly 3B Medical, Inc), Fisher & Paykel Healthcare Corp Ltd, BPL Medical Technologies Pvt Ltd, Koninklijke Philips NV, Dragerwerk AG & Co KGaA, ResMed Inc, Vyaire Medical Inc, Wellell Inc, Armstrong Medical Ltd, Lowenstein Medical UK Ltd, BMC Medical Co Ltd, and Narang Medical Limited, among others. These companies are employing various strategies such as market expansion, product innovation, and mergers and acquisitions to enhance their product offerings and increase market share.

Product Code: BMIRE00032123

1. Introduction

1.1 Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macroeconomic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country-level data:

4. Asia Pacific Positive Airway Pressure (PAP) Devices Market Landscape

4.1 Overview
4.2 PEST Analysis

5. Asia Pacific Positive Airway Pressure (PAP) Devices Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Increasing Demand for Positive Airway Pressure Devices
- 5.1.2 Growing Shift Toward Home Healthcare
5.2 Market Restraints
- 5.2.1 Product Recall
5.3 Market Opportunities
- 5.3.1 Increasing Awareness of Respiratory Diseases
5.4 Future Trends
- 5.4.1 Technological Advancement
5.5 Impact of Drivers and Restraints:

6. Positive Airway Pressure (PAP) Devices Market - Asia Pacific Analysis

6.1 Asia Pacific Positive Airway Pressure (PAP) Devices Market Revenue (US$ Million), 2021-2031
6.2 Asia Pacific Positive Airway Pressure (PAP) Devices Market Forecast Analysis

7. Asia Pacific Positive Airway Pressure (PAP) Devices Market Analysis - by Product Type

7.1 Automatic Positive Airway Pressure (APAP) Devices
- 7.1.1 Overview
- 7.1.2 Automatic Positive Airway Pressure (APAP) Devices: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.2 Continuous Positive Airway Pressure (CPAP) Devices
- 7.2.1 Overview
- 7.2.2 Continuous Positive Airway Pressure (CPAP) Devices: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
7.3 Bilevel Positive Airway Pressure (BiPAP) Devices
- 7.3.1 Overview
- 7.3.2 Bilevel Positive Airway Pressure (BiPAP) Devices: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. Asia Pacific Positive Airway Pressure (PAP) Devices Market Analysis - by Application

8.1 Chronic Obstructive Pulmonary Disease (COPD)
- 8.1.1 Overview
- 8.1.2 Chronic Obstructive Pulmonary Disease (COPD): Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.2 Obstructive Sleep Apnea
- 8.2.1 Overview
- 8.2.2 Obstructive Sleep Apnea: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
8.3 Respiratory Distress
- 8.3.1 Overview
- 8.3.2 Respiratory Distress: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. Asia Pacific Positive Airway Pressure (PAP) Devices Market Analysis - by End User

9.1 Hospitals
- 9.1.1 Overview
- 9.1.2 Hospitals: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.2 Ambulatory Surgical Centers
- 9.2.1 Overview
- 9.2.2 Ambulatory Surgical Centers: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.3 Home Care
- 9.3.1 Overview
- 9.3.2 Home Care: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
9.4 Rehabilitation Centers
- 9.4.1 Overview
- 9.4.2 Rehabilitation Centers: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. Asia Pacific Positive Airway Pressure (PAP) Devices Market - Country Analysis

10.1 Asia Pacific
- 10.1.1 Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.1 Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 China: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.2.1 China: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Product Type
    - 10.1.1.2.2 China: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Application
    - 10.1.1.2.3 China: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by End User
  - 10.1.1.3 Japan: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.3.1 Japan: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Product Type
    - 10.1.1.3.2 Japan: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Application
    - 10.1.1.3.3 Japan: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by End User
  - 10.1.1.4 India: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.4.1 India: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Product Type
    - 10.1.1.4.2 India: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Application
    - 10.1.1.4.3 India: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by End User
  - 10.1.1.5 Australia: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.5.1 Australia: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Product Type
    - 10.1.1.5.2 Australia: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Application
    - 10.1.1.5.3 Australia: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by End User
  - 10.1.1.6 South Korea: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.6.1 South Korea: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Product Type
    - 10.1.1.6.2 South Korea: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Application
    - 10.1.1.6.3 South Korea: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by End User
  - 10.1.1.7 Rest of APAC: Asia Pacific Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.7.1 Rest of APAC: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Product Type
    - 10.1.1.7.2 Rest of APAC: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by Application
    - 10.1.1.7.3 Rest of APAC: Asia Pacific Positive Airway Pressure (PAP) Devices Market Share - by End User

11. Positive Airway Pressure Devices Market - Industry Landscape

11.1 Overview
11.2 Growth Strategies
- 11.2.1 Overview

12. Company Profiles

12.1 ICU Medical Inc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 React Health (Formerly 3B Medical, Inc)
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Fisher & Paykel Healthcare Corp Ltd
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 BPL Medical Technologies Pvt Ltd
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Koninklijke Philips NV
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 ResMed Inc
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Vyaire Medical Inc
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Wellell Inc
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Armstrong Medical Ltd
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Lowenstein Medical UK Ltd.
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
12.11 BMC Medical Co Ltd
- 12.11.1 Key Facts
- 12.11.2 Business Description
- 12.11.3 Products and Services
- 12.11.4 Financial Overview
- 12.11.5 SWOT Analysis
- 12.11.6 Key Developments
12.12 Dragerwerk AG & Co KGaA
- 12.12.1 Key Facts
- 12.12.2 Business Description
- 12.12.3 Products and Services
- 12.12.4 Financial Overview
- 12.12.5 SWOT Analysis
- 12.12.6 Key Developments
12.13 Narang Medical Limited.
- 12.13.1 Key Facts
- 12.13.2 Business Description
- 12.13.3 Products and Services
- 12.13.4 Financial Overview
- 12.13.5 SWOT Analysis

13. Appendix

13.1 About The Insight Partners
13.2 Glossary of Terms for Positive Airway Pressure (PAP) Devices Market