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At 8.3% of CAGR, Positive Airway Pressure (PAP) Devices Market Size Growth Estimates to $4,731.03 Million by 2027

10-03-2019 06:18 AM CET | Health & Medicine

Press release from: The Insight Partners

The Insight Partners

The Insight Partners

The market for positive airway pressure (PAP) devices is expected to grow, owing to factors such as increased prevalence of sleep apnea, rising geriatric population and technological developments. However, the restraints such as absence of patient compliance are likely to impact the growth of the market in the forecast period.

According to a new market research study titled ‘Positive Airway Pressure (PAP) Devices Market to 2027 – Global Analysis and Forecasts by Product and End User.’ The global positive airway pressure (PAP) devices market is expected to reach US$ 4,731.03 Mn in 2027 from US$ 2,332.14 Mn in 2018.

Global Positive Airway Pressure (PAP) Devices Market by Product (Automatic Positive Airway Pressure (APAP) Devices, Continuous Positive Airway Pressure (CPAP) Devices, Bilevel Positive Airway Pressure (BPAP) Devices); End User (Sleep Laboratories & Hospitals, Home Care/Individuals) and Geography 

Get Sample PDF Copy at https://www.theinsightpartners.com/sample/TIPRE00004389?utm_source=OpenPR&utm_medium=Simran

The report segments the global positive airway pressure (PAP) devices market as follows:

• Global Positive Airway Pressure (PAP) Devices Market – By Product
• Automatic Positive Airway Pressure (APAP) Devices
• Continuous Positive Airway Pressure (CPAP) Devices
• Bilevel Positive Airway Pressure (BiPAP) Devices

• Global Positive Airway Pressure (PAP) Devices Market – By End User
• Sleep Laboratories & Hospitals
• Home Care/Individuals

Increased Prevalence of Sleep Apnea
Obstructive sleep apnea (OSA) is the frequent partial and complete airway obstructions that occur while sleeping. The severity of the disease is calculated with an apnea-hypopnea index (AHI); it is the mean number of apneas and hypopneas during per hour of sleep. In recent years, the prevalence of obstructive sleep apnea (OSA) has been increasing, which eventually affects the health, safety, and economic conditions. The OSA is related to health concerns which include cardiovascular disease and metabolic disorders in the long run.

According to data published by ResMed in 2018, the prevalence of sleep apnea affects above 936 million people globally. The estimate is almost ten times more than the previously performed studies. Earlier, according to the World Health Organization (WHO), in 2007, above 100 million people were suffering from OSA. The prevalence of OSA is growing in the population due to unhealthy lifestyle. The anticipated prevalence of sleep-disordered disorders has grown in adults. The rising prevalence of OSA eventually contributes in the demand for sleep apnea devices. These are likely to expand the market in the forecast period.

Rising Geriatric Population
The elderly population is more prone to the sleep apnea diseases. Moreover, the existence of apnea is more prevalent in the geriatric population due to other diseases associated with apnea are present in more number in these groups. The higher prevalence of OSA is related to the decrease in the size of the upper airway lumen because of increasing age factor. For instance, according to the report of UN, in 2012, the number of older persons (aged 60 years or over) is expected to more than double, from 841 million people in 2013 to reach above 2 billion in 2050. Another factor responsible for older people that makes them prone to sleep apnea disease is the age-related rise in arousal frequency. According to a study of National Center for Biotechnology Information (NCBI), in 2016, the prevalence of sleep-disordered breathing (SDB) in the elderly population varies from 20% to 40%, and the prevalence is estimated to be higher in the growing age populations. These are likely to grow the market in the coming years.

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Email Id : sales@theinsightpartners.com
Website: https://www.theinsightpartners.com

About Us - The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services.

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