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Continuous Positive Airway Pressure Devices Market Top Trends 2018: CAGR of 7.1% with Medtronic | 3B Medical | Armstrong Medical, etc. - Asserts MRFR
Continuous Positive Airway Pressure Devices Market Report Split Into Several Key Regions, With Sales, Revenue, And Market Share And Growth Rate From 2018 To 2023 (Forecast), Covering North America, Europe, Asia Pacific, Middle East And Africa. And It Is Incorporated On Marketresearchfuture.Com With 80 Pages. Continuous Positive Airway Pressure Devices Market Sector Is Relied Upon To Develop a 7.1% CAGR During The Forecast Period 2018 To 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. 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.
According to the WHO, in 2016, around 39% of 41 million children under the age of 5 were overweight or obese. Advances in technology such as improved mask design, oral appliances, use of oxygen devices, rising healthcare expenditure, and increasing demand for the devices have fuelled the market growth. However, CPAP is not always effective since some patients find it uncomfortable and sometimes it shows adverse effects. The high cost of the devices and their adverse effect may slow the market growth.
Global continuous positive airway pressure (CPAP) devices market is expected to grow at a CAGR of 7.1% during the forecast period 2017-2027.
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Lack of awareness about the treatment regarding various reproductive disorders and use of medications for their treatment also contribute for the growth of this market. Women in developed countries face many health issues due to lifestyle changes and many develop diseases related to reproductive health which favors the growth of this market in developed countries across the globe. Risk of developing serious disorders, if the disease remains untreated, would increase in demand of treatment in hospitals. Global market of Dysmenorrhea Treatment is expected to reach US$ 8.40 billion in 2023 from US$ 5.68 billion in 2016 with a CAGR of approximately 12.28% during the forecast period 2017-2023.
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Key players for Continuous Positive Airway Pressure Devices Market:
Medtronic (U.S.), Koninklijke Philips N.V. (the Netherlands), 3B Medical, Inc. (U.S.), Armstrong Medical Inc. (U.S.), ResMed (U.S.), Smiths Medical (U.S.), Apex Medical Corp. (Taiwan), Fisher & Phillips LLP (U.S.), Cardinal Health (U.S.) Beijing Dehaier Medical Technology Co., Ltd. (China), DeVilbiss Healthcare LLC (US), and Invacare Corporation (US).
Geographical Overview of Continuous Positive Airway Pressure Devices Market:
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.
Europe holds the second position followed by the Asia Pacific in the global CPAP devices market owing to the rising patient population diagnosed with respiratory diseases. Furthermore, the government support for research & development and availability of funds for research are likely to fuel the CPAP devices market growth over the forecast period.
Asia Pacific is the fastest growing CPAP devices market owing to unhealthy diet and associated lifestyle changes. Moreover, the increased presence of rapidly developing healthcare technology, high healthcare expenditure, R&D activities, and the concentration of major companies are fuelling the growth of the market in this region. Increasing demand for new treatment methods in countries like India and South Korea is likely to emerge as the fastest growing market across the globe.
On the other hand, the Middle East and Africa account for the lowest share of the global market owing to lack of technical knowledge and poor medical facilities.
Segmentations:
Global continuous positive airway pressure (CPAP) devices market is segmented on the basis of product type, features, automation, and end user
On the basis of the product type, it is segmented into CPAP motors, CPAP hoses, CPAP mask, and others.
On the basis of the features, it is segmented into the humidifier, portability, heated tubing, and others.
On the basis of the automation, it is segmented into manual and automatic.
On the basis of the end user, it is segmented into hospitals, private clinics, home care, and others.
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TOC of Continuous Positive Airway Pressure Devices Market:
1. Report Prologue
2. Market Introduction
2.1 Definition
2.2 Scope of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
5.1.2 Bargaining Power Of Buyers
5.1.3 Threat Of New Entrants
5.1.4 Threat Of Substitutes
5.1.5 Intensity Of Rivalry
5.2 Value Chain Analysis
5.3 Investment Feasibility Analysis
5.4 Pricing Analysis
6. Global Continuous Positive Airway Pressure (CPAP) Devices Market, By Product Type
CONTINUED TOC…!
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