Global Positive Airway Pressure Devices Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028

“Global Positive Airway Pressure Devices Market’ is a report based on a recent study conducted by MarketResearch.biz. The report contains various detailed insights, projected and historical revenue details, and other information and data related to the target market. The report also covers several key factors and trends, restraints, supports, current threats, and potential opportunities for development of the global market. Various details of the key players such as respective financials, key and recent developments, strategies, acquisitions, and mergers are explained in the key players' section of the report. The report has been segmented on the basis of product type, and region

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Overview

A machine is used in positive airway pressure (PAP) treatment to pump air under pressure into an airway of lungs. This treatment very helpful to keep windpipe of patients open during sleep. Continuous positive airway pressure (CPAP) saves patients from collapsing airway that may block breathing in people with breathing problems such as obstructive sleep apnea. Positive airway pressure treatment is needed for people with obstructive sleep apnea. It is very safe and works well with people of all ages, even in children.  People with mild apnea may not require help of the treatment. Regularly using PAP has various benefits such as better concentration and memory, improved sleep for bed partner, less anxiety and depression and a better mood, lowering blood pressure of people with high blood pressure, feeling more alert and less sleepy during the day, being more productive at work, and normal sleep patterns. The device required for each patient for doing treatment is decided by respective healthcare provider. There are different types of devices to perform treatments in patients such as continuous positive airway pressure (CPAP), auto-titrating (adjustable) positive airway pressure (APAP), and bilevel positive airway pressure (BiPAP or BIPAP).

Dynamics

The key factor increasing growth of the global positive airway pressure devices market is a high economic burden due to sleep apnea. Sleep apnea is related to several health problems such as heart disease, hypertension, diabetes, and depression, which in effect increases economic burden of patients. In addition, untreated sleep apnea may lead to workplace accidents and loss of productivity at workplace. Sleep apnea is sleeplessness due to many factors including various diseases, economic burden and other personal matters of individuals. Supportive initiatives from governments for performing effective treatment in individuals with sleep apnea are expected to drive demand for positive airway pressure devices in the global positive airway pressure devices market during the forecast period. In order to achieve a better compliance rate, manufacturers of positive airway pressure devices are innovating and upgrading existing products. Innovations in positive airway pressure devices have been improving efficiency   of PAP devices, thus increasing rate of patient satisfaction. All these factors are expected to drive demand for positive airway pressure devices in the global positive airway pressure devices market over the forecast period. High compliance rate and increased inclination of patients to opt for PAP therapy are expected to further drive market growth. Compensation from insurance agencies also help to develop inclination in patients with sleep apnea towards opting for PAP therapy. However, high cost of positive airway pressure devices is expected to hamper growth of the global positive airway pressure devices market over the forecast period.

Global Positive Airway Pressure Devices Market Segment Analysis:

By Product Type: The CPAP segment among the product type segments accounts for significantly higher revenue share in the market, and the trend is projected to continue well into the future. This projected demand is attributed to doctors prescribing this treatment for almost all sleep apnea patients as it is the first line of treatment for the disease. In addition, the projected growth is attributed to increasing adoption of the device due to its low price. The BiPAP device segment is expected to witness a fastest growth during the forecast period.

Global Positive Airway Pressure Devices Market Regional Analysis:

North America is forecast to account for a major revenue share, with a compounded annual growth rate to match over the forecast period. This projected growth is attributed to a large number of patients suffering from sleep apnea in the region. This high number of sleep apnea patients in the region is expected to be a driving factor of the positive airway pressure devices market in the region. In addition, insurance companies offering favorable reimbursement policies are also expected to support market growth in the region.

Global Positive Airway Pressure Devices Market Segment Analysis: 

By product type:

• CPAP
• APAP
• BiPAP

By region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• Koninklijke Philips N.V. (Philips Respironics)
• Curative Medical
• ResMed
• Fisher and Paykel Healthcare Limited
• Drive DeVilbiss Healthcare Inc.
• Somnetics International, Inc.
• Smiths Medical
• Compumedics Limited
• VYAIRE
• 3B Medical, Inc.
• Lwenstein Medical UK Ltd.
• APEX MEDICAL CORP.