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Impact of COVID-19 on BiPAP Machines Market

08-21-2020 04:32 PM CET | Health & Medicine

Press release from: Transparency Market Research

BiPAP Machines: Introduction
BiPAP, also known as bi-level positive airway pressure therapy, is a type of non-invasive ventilation which involves application of pressure while wearing a mask. The mask is connected to a machine that provides pressure.
BiPAP has two different pressures: expiratory positive airway pressure (EPAP) during exhalation and inspiratory positive airway pressure (IPAP) during inhalation. The machine follows natural breathing pattern of the patient, allowing him/her to breath properly, thereby preventing breathing gaps. The machine is easy to transport and lightweight and masks for the device are available in various sizes.
BiPAP therapy is used to treat sleep apnea, chronic obstructive pulmonary disease (COPD), and other respiratory diseases
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Key Drivers and Restraints of Global BiPAP Machines Market
Technological advancement and increase in prevalence of sleep apnea, COPD, asthma, and other respiratory diseases drive the global BiPAP machines market
According to the Behavioral Risk Factor Surveillance System (BRFSS) survey, in 2017, nearly 22.9 million adults in the U.S. had asthma and around 16.3 million adults were diagnosed with COPD. The survey also stated that nearly 33.2 million adults had chronic lung diseases.
Furthermore, increase in burden of COVID-19 and rise in demand for respiratory devices that aid breathing are projected to boost the growth of the market during the forecast period
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Sleep Apnea Segment to Account for Major Share of Global BiPAP Machines Market
In terms of Indication, the global BiPAP machines market can be classified into chronic obstructive pulmonary disease (COPD), sleep apnea, asthma, and others
The sleep apnea segment is anticipated to dominate the global market during the forecast period, due to increase in number of patients using breathing aid for sleep apnea and rise in demand for non-invasive respiratory devices
According to the National Healthy Sleep Awareness Project, in 2014, approximately 25 million people had obstructive sleep apnea disorder. Prevalence of sleep apnea is similar to that of asthma and diabetes in the U.S.
Homecare Segment to Gain Prominent Share of Global Market
Based on end-user, the global BiPAP machines market can be categorized into hospitals, ambulatory surgical centers, and home care
The home care segment is expected to account for major share of the global BiPAP machines market by 2027. This can be attributed to increase in availability of BiPAP machine for home care.
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North America to Dominate Global BiPAP Machines Market
In terms of region, the global BiPAP Machines market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global BiPAP Machines market during the forecast period.
Presence of well-established players offering respiratory care devices and increase in incidence of respiratory diseases such as chronic obstructive pulmonary diseases and asthma are anticipated to drive the market in North America
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Key Players Operating in Global BiPAP Machines Market
The global BiPAP machines market is highly fragmented, with a large number of domestic players accounting for major market share. Key players operating in the global BiPAP Machines market include:

BMedical
ResMed
Koninklijke Philips N.V.
DeVilbiss Healthcare LLC
Respro India

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Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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