The Global Positive Airway Pressure Devices Market Report By The Business Research Company Covers Positive Airway Pressure Devices Market’s Drivers And Restraints, Positive Airway Pressure Devices Market Size, Major Players, And The Impact Of COVID-19 On The Positive Airway Pressure Devices Market.
The positive airway pressure devices market consists of sales of positive airway pressure devices by entities (organizations, sole traders, and partnerships) that manufacture positive airway pressure (PAP) devices that are used to trap air under pressure into the airway of the lungs. It is widely used in the treatment of obstructive sleep apnea (OSA), snoring, and others. PAP devices include bands to position the mask, a pipe or tube to connect the mask to a device, and an air filter to purify the air entering the nostrils.
The increasing geriatric population is expected to contribute to the growth of the positive airway pressure (PAP) devices market in the forecast period.
The global positive airway pressure devices market is expected to grow from $1.95 million in 2020 to $2.18 million in 2021 at a compound annual growth rate (CAGR) of 7.71%. The growth in mainly due to increased prevalence of diseases such as sleep apnea and COPD. The positive airway pressure devices market is expected to reach $3.04 million in 2025 at a CAGR of 8.62%.
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Some positive airway pressure devices market trends include the launch of innovative and technologically advanced products by the industry players. For instance, in September 2020, keepMED, a start-up company developing disruptive solutions for the medication of obstructive sleep apnea (OSA) has designed and developed keePAP. keePAP will help in mainting airway pressure to keep the upper airway open, this will support user respiratory system to deliver just the amount of PAP needed intermittently and with minimal airflow. Thus, companies operating in the market are continuously focusing on introducing new technologies to survive in the positive airway pressure devices market.
Global positive airway pressure devices market segments include:
Product Type: Continuous Positive Airway Pressure (CPAP), Auto-titrating Positive Airway Pressure (APAP), BiLevel Positive Airway Pressure (BiPAP)
By Application: Sleep Apnea, COPD, Others
By End-User: Hospitals & Sleep Labs, Home Care Settings, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America accounts for the largest global positive airway pressure devices market share.
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The Positive Airway Pressure Devices Global Market Report 2021: COVID-19 Growth And Change is one of a series of new reports from The Business Research Company that provides positive airway pressure devices market overviews, analyzes and forecasts market size, share, positive airway pressure devices market players, positive airway pressure devices market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The positive airway pressure devices identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: ResMed Inc., Koninklijke Philips N.V.,3B Medical Inc., Fisher & Paykel Healthcare Limited Drive DeVilbiss Healthcare LLC, Somnetics International Inc., Heyer Medical, Genstar Technologies, BMC Medical, Apex Medical, Armstrong Medical, Curative Medical, Compumedics Limited, CareFusion Corporation (Becton Dickinson and Company), Mercury Medical (Mercury Enterprises Inc.), and Khayat Medical.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Positive Airway Pressure Devices Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Positive Airway Pressure Devices Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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