Market Research Report
Continuous Positive Airway Pressure CPAP Devices Market: Current Analysis and Forecast : Emphasis on Automation ; Component ; Application ; End-User (Hospitals & Clinics, Home Care, Others ) and Region and Country
|Published by||UnivDatos Market Insights Pvt Ltd||Product code||968522|
|Published||Content info||166 Pages
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|Continuous Positive Airway Pressure CPAP Devices Market: Current Analysis and Forecast : Emphasis on Automation ; Component ; Application ; End-User (Hospitals & Clinics, Home Care, Others ) and Region and Country|
|Published: July 1, 2020||Content info: 166 Pages||
Continuous Positive Airway Pressure CPAP Devices Market: Current Analysis and Forecast (2020-2026): Emphasis on Automation (Manual CPAP Devices, Automatic CPAP Devices); Component (CPAP Motors, CPAP Humidifier, CPAP Masks, CPAP Other Accessories); Application (Sleep Apnea, COPD, Others Diseases); End-User (Hospitals & Clinics, Home Care, Others (Sleep laboratories)) and Region and Country.
CPAP devices are majorly prescribed to the patients suffering from Obstructive Sleep Apnea (OSA). It is used to relieve the symptoms such as snoring by providing continuous air supply to the lungs. Among numerous advantages in sleep apnea patients, improved sleep quality and elimination of daytime sleepiness are also included. As the obesity rates are increasing the prevalence of sleep apnea will also be increased due to the direct relation of sleep apnea and BMI. More than half of people with OSA are either overweight or obese. Several types of CPAP devices are available in the market. These products can be automated or manual. Automated CPAP (also known as APAP) devices are designed to adjust the amount of pressure delivered on the breath by breath basis automatically. With the rising demand for a connected device, the demand of APAP will also increase. As CPAP data software enables patients and clinicians to analyze the sleep data by recording it. Motors, humidifiers, masks and accessories such as filters and hoses are the major components of CPAP devices. Earlier masks used to cover the entire face thus making it difficult for the patients. Currently, masks made are more comfortable and covers less area.
Based on the application, the market is segmented into sleep apnea, COPD and other diseases. Traditionally, sleep apnea is a disease that is majorly treated by CPAP devices. In 2019, Sleep apnea dominated the global CPAP device market, generating revenue of US$ 1,329.9 million in 2019. However, it is also used in patients suffering from bronchitis and neonates that have not developed their lungs properly. COPD is another disease that is treated by the equipment as it causes breathlessness (initially with exertion) and predisposes to exacerbations and serious illness. As the home care culture is on the rise the CPAP can be easily used by the patients in the home setting. Elder population suffers greatly from this disease. A trend has been observed showing that the elderly prefer to be treated in-home care settings as compared to the hospitals. Sleep laboratories also deploy the CPAP along with hospitals and clinics. Neonatal Intensive Care Unit (NICU) uses CPAP for providing air through the nose. In premature babies, CPAP is delivered through a set of nasal prongs or through a small mask that fits snugly over a baby's nose.
For a deep-dive analysis of the CPAP device, detailed regional-level analysis of North America (the U.S and Canada), Europe (Germany, France, Spain, Italy, and United Kingdom), Asia-Pacific (China, Japan, India, and Australia) and rest of the world has been conducted. North America generated revenue of US$ 909.5 million in 2019. However, Asia-Pacific is expected to witness the highest CAGR growth of 9.9% during the forecast period 2020-2026. 3B Medical, Inc., Philips Respironics, Nidek Medical, ResMed, Fisher and Paykel Healthcare, Teijin Pharma Limited, Drive Medical, Fosun Pharma, Koike Medical and BMC Medical. Several M&A's along with partnerships have been undertaken by these players to facilitate costumers with more efficient and innovative products.
Global Continuous Positive Airway Pressure (CPAP) device market stood at US$ 2,475.2 million in 2019. Owing to the COVID-19 outbreak demand for CPAP devices globally has increased. In 2020, the global market for Continuous Positive Airway Pressure (CPAP) device is expected to reach US$ 4,151.2 million. The market, however, in 2021 is expected to return to normal and would witness a CAGR growth of 8.62% during the 2021-2026 period.