Pune, India — 02/06/2018 — Global Continuous Positive Airway Pressure (CPAP) Devices Market is expected to grow at a CAGR of 7.1% during the forecast period 2017-2027.
Continuous positive airway pressure (CPAP) devices are used in the treatment of choice for obstructive sleep apnea syndrome. CPAP works by blowing air into the nose and throat. The blow causes a positive pressure to hold the upper airway open during sleep and thus helps in the treatment of snoring. This device typically used when the patient has a breathing problem. Additionally, it increases the air pressure in the throat to avoid airway from collapsing when breathing.
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It can be used every night at home while sleeping. The global CPAP market is majorly driven by increasing number of patients with sleep apnea, obesity, and other respiratory diseases. According to the World Health Organization (WHO), in 2016, more than 1.9 billion adults, above 18 years were overweight. Out of these over 650 million were obese. The report also suggests that over 340 million children and adolescents aged 5-19 were overweight or obese in 2016. Thus, rising number of patient with obesity generating the exponential demand for CPAP devices market.
ResMed announced that the U.S. Food and Drug Administration has cleared ResMed's AirMini, the world's smallest continuous positive airway pressure (CPAP) device. ResMed's tiny yet fully-featured AirMini, is designed as a secondary CPAP, making it easier for people to continue their sleep apnea therapy while traveling. As an addition to ResMed's industry-leading Air Solutions portfolio, the AirMini offers multiple benefits to home medical equipment providers supporting increased therapy compliance & convenience for their patients, & incremental revenue opportunities.
ResMed AirMini is the portable travel CPAP patients and home medical equipment providers have been waiting for, and company look forward to bringing it to market. It fits easily in carry-on luggage even in the seatback pocket on the plane & delivers all the best-in-class comfort features patients need to get the best sleep.
Global Continuous Positive Airway Pressure Market â€“ Competitive Analysis
As the market seems to be attractive, growing and profitable, at the same time market has witnessed intense rivalry among existing competitors. There are many big players in the Global Continuous Positive Airway Pressure market such as: Resumed (Asia), Philips Healthcare (US), Fisher & Paychex (NZ), 3B Medical (US), Apex Medical (Taiwan), Apria Healthcare (US), Armstrong Medical (UK), BMC Medical (China), Cardinal Health (US), Curative Medical (US)
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The Americas hold the largest share of the global market owing to increasing incidence of obesity, unhealthy diet, and physical inactivity. According to the updated report by the Centers for Disease Control and Prevention (CDC) in 2017, a total number of adults diagnosed with chronic bronchitis in the past year was 9.3 million. The report further adds that around 3.8% of the total adult population in the U.S. diagnosed with chronic bronchitis, in 2016. Presence of well-developed technology, high health care spending, increased R&D activities, and the concentration of major companies have fuelled the growth of the market in this region.
Market Factor Analysis
Global Continuous Positive Airway Pressure (CPAP) Devices Market, By Product Type
Global Continuous Positive Airway Pressure (CPAP) Devices Market, By Features
Global Continuous Positive Airway Pressure (CPAP) Devices Market By, Automation
Global Continuous Positive Airway Pressure (CPAP) Devices Market, By Region
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