Continuous positive airway pressure or CPAP therapy is a treatment for obstructive sleep apnea that uses constant mild air pressure. It increases the air pressure in throat to inhibit the airway from collapsing, while the patient breathes in. It includes a tube, a mask and a motor which helps in marinating the needed air pressure. The tube joins the machine to mask. The mask is designed to cover only the nose or both the mouth and nose. Various types of masks are available in market such as full face masks, nasal masks, nasal pillow masks and pediatric masks.
The key benefits are included lower the risk of diabetes, improve heart health, increase energy during the day, improve concentration, help to prevent snoring & reduce the risk of depression and lower medical expenses. Apart from this, few of the side-effects are disrupt sleep, cause pain and others.
According to study, “Global CPAP Devices Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global CPAP devices market are Apria Healthcare, Armstrong Medical, Bremed, Apex Medical, BMC Medical, Dehaier Medical Systems, Cardinal Health, Curative Medical, Genstar Technologies, DeVilbiss Healthcare, Drager Medical, Hersill, Heyer Medical, Hans Rudolph, InnoMed Technologies, Intersurgical, Medtronic, HOFFRICHTER GmbH, Invacare, PAHSCO, Pulmodyne, Smiths Medical, Sleepnet, SOMNETICS, Pneumocare, Penlon, Sturdy Industrial, and Weinmann Gerate fur Medizin.
Based on product type, CPAP devices market is segmented into CPAP hoses, CPAP motors, CPAP mask, and others. Based on features, market is segmented into humidifier, heated tubing, portability, and others. Based on automation, market is segmented into manual and automatic. Based on distribution channel, market is segmented into online pharmacy, retail pharmacy and hospital pharmacy. Based on application, market I segmented into asthma, sleep apnea, chronic lung disease and others. In addition, based on end-user, market is segmented into hospitals, home care, private clinics, and others.
The CPAP devices market is driven by rise in the number of COPD patients, followed by increase in prevalence of sleep apnea or disorders, rise in healthcare expenditure, improved mask design & oral appliances, growth in advancement in technology such as improved mask design, oral appliances, use of oxygen devices, and increase in demand for the devices. However, high cost of the devices and their adverse effect may impact the market. Moreover, growth in product innovation and rise in development of medical device industry are key opportunities for market.
Based on geography, the North-American region holds major share, followed by European region in CPAP devices market owing to rise in government support for research & development (R&D) coupled with availability of funds for research and growth in incidence of obesity, unhealthy diet, and physical inactivity in the region. Whereas, the Asian-Pacific region is anticipated to witness the market due to high healthcare expenditure, rapidly developing healthcare technology, and concentration of major companies over the forecast period. In near future, it is predicted that the market will be reached at rapid pace because of growth in awareness of sleep apnea & related comorbid conditions during the forecast period. The worldwide market is projected to grow at a CAGR of approximately 7.6% over the next five years, will reach US $3950 million in 2024, from US $2550 million in 2019.
To know more, click on the link below:-
Global CPAP Devices Market Research Report
Related Reports:-
Global CPAP Devices Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use
Global CPAP Devices Market Analysis 2013-2018 and Forecast 2019-2024
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