Market Definition
A Continuous Positive Airway Pressure (CPAP) is a medical device that operates on spontaneous ventilation & gas exchange. The device compressor generates an uninterrupted stream of pressurized air across the air passage, improving oxygenated airflow via tube & mask. CPAP are often intended for people dealing with sleep-related breathing disorders, including obstructive sleep apnea (OSA), to keep their airways clear during sleep.
The device is also beneficial in treating preterm infants having underdeveloped lungs. CPAP is also known for maintaining a Positive End-Expiratory Pressure (PEEP), increasing the surface area of the alveolus, decreasing atelectasis, improving V/Q (Ventilation/Perfusion) matching, & enhancing oxygenation, among others.
Market Insights
The Global Continuous Positive Airway Pressure (CPAP) Market is projected to grow at a CAGR of around 7.70% during the forecast period, i.e., 2022-27. The market is driven by the rapidly increasing economic burden & challenges faced by the healthcare industry, especially after the advent of Covid-19, demonstrating a flooding number of patients with a high prevalence of respiratory diseases. It has paved the way for the broader adoption of devices like CPAP devices to address their conditions across healthcare settings. With the massive influx of patients globally & the high demand for CPAP, leading players are witnessing a presentation of growth opportunities to increase their production & distribution capacities and cater to the burgeoning requirements across different healthcare facilities globally.
Report Coverage | Details |
---|---|
Study Period | Historical Data: 2017-20 |
Base Year: 2021 | |
Forecast Period: 2022-27 | |
CAGR (2022-2027) | 7.70% |
Regions Covered | North America: The US, Canada |
Europe: Germany, The UK, France, Italy, Spain | |
Asia-Pacific: China, Japan, India, South Korea | |
South America: Brazil | |
Middle East & Africa: UAE, South Africa, Saudi Arabia | |
Key Companies Profiled | Apex Medical Corp., Airon Corporation, Asahi Kasei Corporation, BMC Medical Co., Ltd, Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited, General Electric Company, Getinge AB, Koninklijke Philips N.V., Löwenstein Medical GmbH & Co. KG, Medical Depot, Inc. dba drives DeVilbiss Healthcare LLC, Medtronic Plc, ResMed Inc., Smiths Group plc (Smiths Medical), Vyaire Medical, Inc. |
Unit Denominations | USD Million/Billion |
Besides, an alarming rise in sleep apnea patients, especially across countries like the US, Canada, and others, is demonstrating a dire need for more CPAP devices. In the same line, people with chronic disorders like obesity & hypertension are more susceptible to developing obstructive sleep apnea, thereby passively influencing the demand for Continuous Positive Airway Pressure (CPAP) devices and stimulating the market.
Moreover, the continuous technological advancements in CPAP Devices, like Auto-adjusting devices that regulate the air pressure automatically, resulting in lesser assistance & enhanced comfort, further amplify the market growth. Such a substantial market ascension lies in the capability of these devices to store vast data, leading to improved clinical outcomes with minimal human errors by healthcare professionals.
Market Segmentation
Based on End Users:
Among all, Hospitals & Clinics acquired a considerable share in the Global Continuous Positive Airway Pressure (CPAP) Market in recent years and are anticipated to prevail in the same trend during the forecast period. This growth attributes to a swift rise in the geriatric population, propelling emergency & long-term hospitalization requirements, demonstrating an escalation in the need for CPAP devices.
Likewise, the high birth rates, alongside the number of premature or newborn infants encountering undergrown lungs or indicating respiratory issues, are the other consumers of CPAP devices, instigating healthcare facilities like hospitals & clinics to stock such devices. As a result, the market is hinting toward the presence of lucrative opportunities for the leading players across the sector, stimulating the overall market trajectory through 2027.
Based on Type of Disorder:
Here, Obstructive Sleep Apnea (OSA) is anticipated to dominate the Global Continuous Positive Airway Pressure (CPAP) Market with the largest share during the forecast period. This dominance attributes to the wide adoption of CPAP devices used for treating Sleep Apnea and eliminating snoring. The doctors for such patients may recommend using a CPAP device. Backed by the growing prevalence of these health disorders, the market is set to witness an upswing in need & generate lucrative opportunities for the leading players to increase their production & distribution capacities to cater to the burgeoning demands globally.
With the growing prevalence of OSA and spreading awareness among people about this syndrome, demonstrating frequent pauses in breathing during sleep accompanied by loud snoring, with the potential to cause critical health conditions, are playing a prominent role in augmenting the demand for CPAPs. Since such disorders require suitable & immediate treatment, the market shall observe an upsurge in demand during the forecast years.
Regional Projection
Geographically, the Global Continuous Positive Airway Pressure (CPAP) Market expands across:
North America acquired the largest market share in recent years & is projected to prevail in the same trend during the forecast period. This dominance attributes to the massive investments & safety guidelines issued by the governments of different countries in the region throughout the healthcare sector to strengthen the industry and cater to the burgeoning patient influx having respiratory disorders.
Besides, numerous research & development activities to bring innovations in the diagnosis, treatment, & care of patients suffering from such disorders is another aspect promulgating the demand for CPAP devices and stimulating the industry across North America. Additionally, well-defined regulatory guidelines for medical equipment to reduce any unprecedented disruption to the emergency services are also boosting the demand for CPAP devices, especially across countries like the US & Canada.
Moreover, since the region has the most significant number of OSA patients, the adoption of CPAP devices is elevating rapidly & generating growth opportunities for the leading players to increase their offerings and cater to the burgeoning requirements. Besides, increasing awareness among people regarding advanced innovations, including continuous positive airway pressure machines swiftly augments the market growth during the forecast period.
Regulatory Landscape in the Global Continuous Positive Airway Pressure (CPAP) Market
CPAP devices must comply with International/European Union standards which comprise:
Recent Developments in the Global Continuous Positive Airway Pressure (CPAP) Market
Market Dynamics
Key Driver: Rising Prevalence of Sleep Disorders & Chronic Respiratory Diseases
The high prevalence of sleep apnea among people due to the growing cases of diabetes, cardiovascular diseases, & other illnesses worldwide is one of the prominent reasons behind the mounting demand for CPAP devices. The same aspect is stimulating the market & generating growth opportunities for the leading players to increase their production capacities and cater to the burgeoning demands globally.
Key Questions Answered in the Market Research Report:
Frequently Asked Questions
A. The Global Continuous Positive Airway Pressure (CPAP) Market is projected to grow at a CAGR of around 7.70% during 2022-27.
A. Growing obstructive sleep apnea (OSA) patient pool drive the Global Continuous Positive Airway Pressure (CPAP) Market during 2022-27.
A. Apex Medical Corp., Airon Corporation, Asahi Kasei Corporation, BMC Medical Co., Ltd, Drägerwerk AG & Co. KGaA, Fisher & Paykel Healthcare Limited, General Electric Company, Getinge AB, Koninklijke Philips N.V., Löwenstein Medical GmbH & Co. KG, Medical Depot, Inc. dba drives DeVilbiss Healthcare LLC, Medtronic Plc, ResMed Inc., Smiths Group plc (Smiths Medical), and Vyaire Medical, Inc. are the top players in the Global Continuous Positive Airway Pressure (CPAP) Market during 2022-27.
A. Obstructive Sleep Apnea (OSA) is anticipated to emerge as an area of remunerative opportunities for the leading players in the Global Continuous Positive Airway Pressure (CPAP) Market during the forecast period.
A. North America is anticipated to dominate the Global Continuous Positive Airway Pressure (CPAP) Market during 2022-27.