South & Central America Positive Airway Pressure (PAP) Devices Market Report 2021-2031 by Scope, Segmentation, Dynamics, and Competitive Analysis

Description

List of Tables

The South and Central America positive airway pressure (PAP) devices market is projected to grow significantly, reaching an estimated US$ 563.53 million by 2031, up from US$ 406.05 million in 2023, reflecting a compound annual growth rate (CAGR) of 4.2% from 2023 to 2031.

Executive Summary and Market Analysis

The PAP devices market in South and Central America is divided into key regions: Brazil, Argentina, and the Rest of South and Central America. The anticipated growth in this market is driven by advancements in healthcare infrastructure and facilities across the region. Furthermore, the increasing adoption of innovative PAP products is expected to further stimulate market expansion in the coming years.

Market Segmentation Analysis

The South and Central America PAP devices market can be analyzed through various segments, including product type, application, and end user.

1. Product Type: The market is categorized into three main types of devices: 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.

2. Application: The applications of PAP devices are primarily in treating chronic obstructive pulmonary disease (COPD), obstructive sleep apnea, and respiratory distress. Obstructive sleep apnea was the leading application segment in 2023.

3. End User: The end users of PAP devices include hospitals, ambulatory surgical centers, home care settings, and rehabilitation centers. Hospitals accounted for the largest share of the market in 2023.

Market Outlook

Traditionally, the management of sleep apnea involved CPAP machines, lifestyle changes, and surgical interventions. However, recent technological advancements are revolutionizing the diagnosis and treatment of sleep apnea, making management more convenient and effective. Innovations in diagnostic tools and treatment devices, along with remote monitoring capabilities, are enhancing the quality of life for individuals suffering from sleep apnea.

For instance, the SleepStyle CPAP device features an integrated humidifier and a user-friendly interface, along with a smartphone app for monitoring compliance and Bluetooth connectivity. Similarly, the Somnetics Transcend 3 Mini CPAP is designed for travel, incorporating advanced noise-canceling technology and intelligent pressure adjustments. Additionally, NovaResp Technologies Inc. is developing an AI-enabled CPAP algorithm that can predict apnea episodes, which can be integrated with various CPAP devices.

These technological innovations are not only expanding the market but also providing companies with a competitive advantage in managing respiratory conditions, particularly sleep apnea, leading to higher adoption rates.

Country Insights

The South and Central America PAP devices market is primarily represented by Brazil, Argentina, and the Rest of South and Central America, with Brazil holding the largest market share in 2023. Brazil boasts a robust medical device industry regulated by the Brazilian National Health Surveillance Agency (ANVISA), which ensures the safe use of medical devices, including PAP devices. The National Institute of Metrology, Standardization, and Industrial Quality (INMETRO) also plays a crucial role in setting industry standards.

According to the Pan American Health Organization, Brazil had over 30 million individuals aged 60 and above as of December 2022, representing 13% of the population. This demographic is projected to grow to approximately 50 million by 2030, constituting 24% of the population. The increasing number of elderly individuals, who are more prone to sleep disorders, is expected to drive the demand for PAP devices in Brazil in the coming years.

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 pursuing various strategies such as market expansion, product innovation, and mergers and acquisitions to enhance their product offerings and increase market share.

Product Code: BMIRE00032125

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. South and Central America Positive Airway Pressure (PAP) Devices Market Landscape

4.1 Overview
4.2 PEST Analysis

5. South and Central America 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 - South and Central America Analysis

6.1 South and Central America Positive Airway Pressure (PAP) Devices Market Revenue (US$ Million), 2021-2031
6.2 South and Central America Positive Airway Pressure (PAP) Devices Market Forecast Analysis

7. South and Central America 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: South and Central America 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: South and Central America 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: South and Central America Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)

8. South and Central America 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): South and Central America 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: South and Central America 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: South and Central America Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)

9. South and Central America Positive Airway Pressure (PAP) Devices Market Analysis - by End User

9.1 Hospitals
- 9.1.1 Overview
- 9.1.2 Hospitals: South and Central America 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: South and Central America 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: South and Central America 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: South and Central America Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)

10. South and Central America Positive Airway Pressure (PAP) Devices Market - Country Analysis

10.1 South and Central America
- 10.1.1 South and Central America Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.1 South and Central America Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast Analysis - by Country
  - 10.1.1.2 Brazil: South and Central America Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.2.1 Brazil: South and Central America Positive Airway Pressure (PAP) Devices Market Share - by Product Type
    - 10.1.1.2.2 Brazil: South and Central America Positive Airway Pressure (PAP) Devices Market Share - by Application
    - 10.1.1.2.3 Brazil: South and Central America Positive Airway Pressure (PAP) Devices Market Share - by End User
  - 10.1.1.3 Argentina: South and Central America Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.3.1 Argentina: South and Central America Positive Airway Pressure (PAP) Devices Market Share - by Product Type
    - 10.1.1.3.2 Argentina: South and Central America Positive Airway Pressure (PAP) Devices Market Share - by Application
    - 10.1.1.3.3 Argentina: South and Central America Positive Airway Pressure (PAP) Devices Market Share - by End User
  - 10.1.1.4 Rest of South and Central America: South and Central America Positive Airway Pressure (PAP) Devices Market - Revenue and Forecast, 2021-2031 (US$ Million)
    - 10.1.1.4.1 Rest of South and Central America: South and Central America Positive Airway Pressure (PAP) Devices Market Share - by Product Type
    - 10.1.1.4.2 Rest of South and Central America: South and Central America Positive Airway Pressure (PAP) Devices Market Share - by Application
    - 10.1.1.4.3 Rest of South and Central America: South and Central America 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