Positive Airway Pressure Devices Market 2021 Strategic Assessments - ResMed, Philips Healthcare, Fisher and Paykel Healthcare

The Positive Airway Pressure Devices Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. This helps to understand about the crucial opportunities as well as threats that can impact market globally as world economy has great impact due to COVID 19.

The global Positive Airway Pressure Devices market size is expected to grow at a CAGR of 5.4% for the next five years.

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Top Leading Companies of Global Positive Airway Pressure Devices Market are ResMed, Philips Healthcare, Fisher and Paykel Healthcare, 3B Medical, Apex Medical, Armstrong Medical, BMC Medical, Bremed, Curative Medical, DeVilbiss Healthcare, Heyer Medical, Genstar Technologies and others.

Market Overview:

The positive airway pressure devices market consists of sales of positive airway pressure devices by entities (organizations, sole traders, and partnerships) that manufacture positive airway pressure (PAP) devices that are used to trap air under pressure into the airway of the lungs. It is widely used in the treatment of obstructive sleep apnea (OSA), snoring, and others. PAP devices include bands to position the mask, a pipe or tube to connect the mask to a device, and an air filter to purify the air entering the nostrils.

The main types of positive airway pressure devices are continuous positive airway pressure (CPAP), auto-titrating positive airway pressure (APAP), and bilevel positive airway pressure (BiPAP). Continuous positive airway pressure devices use mild air pressure to keep the airways open and are used for the treatment of patients who have breathing problems during sleep. Auto-titrating positive airway pressure devices are used for the determination of an optimal fixed level of continuous positive airway pressure (CPAP) for long term treatment with a conventional CPAP device and help in maintaining least amount of pressure integrity of the airway.

Industry News and Updates:

Philips issues recall notification* to mitigate potential health risks related to the sound abatement foam component in certain sleep and respiratory care devices:

April 26, 2021, Royal Philips(NYSE: PHG; AEX: PHIA) provides an update on the recall notification* for specific Philips Bi-Level Positive Airway Pressure (Bi-Level PAP), Continuous Positive Airway Pressure (CPAP), and mechanical ventilator devices to address identified potential health risks related to the polyester-based polyurethane (PE-PUR) sound abatement foam component in these devices. The majority of the affected devices within the advised 5-year service life are in the first-generation DreamStation product family.
To date, Philips has produced millions of Bi-Level PAP, CPAP and mechanical ventilator devices using the PE-PUR sound abatement foam. Despite a low complaint rate (0.03% in 2020), Philips determined based on testing that there are possible risks to users related to this type of foam. The risks include that the PE-PUR foam may degrade into particles which may enter the device’s air pathway and be ingested or inhaled by the user, and the foam may off-gas certain chemicals. The foam degradation may be exacerbated by use of unapproved cleaning methods, such as ozone, and high heat and high humidity environments may also contribute to foam degradation.

Global Positive Airway Pressure Devices Market Type analysis:

Equipment
Accessories

Global Positive Airway Pressure Devices Market Application analysis:

Hospitals
Private Clinics
Home Care

The report assesses the strengths and weaknesses of competitors using competitive analysis tools. In the report, it also provides comprehensive production and shipment analysis from point of origin to end user purchase. Furthermore, latest industry developments have been included to help users stay ahead of their competitors. Apart from the production share of regional markets analyzed in the report, readers are informed about gross margin, price, revenue, and production growth rate of Positive Airway Pressure Devices market.

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The analysts explore critical influence factors, market drivers, challenges, risk factors, opportunities, and market trends of Positive Airway Pressure Devices market to give holistic view on Positive Airway Pressure Devices Market.

Following are major Table of Content of Positive Airway Pressure Devices Market:

-An overall analysis of industry trends.
-Global Positive Airway Pressure Devices market overview.
-Major commercial developments in the Positive Airway Pressure Devices industry.
-Detailed information about drivers, opportunities, and restraints of the Positive Airway Pressure Devices market
-Positioning of major market participants in the Positive Airway Pressure Devices industry.
-Competitive Landscape and analysis regarding Positive Airway Pressure Devices market and key product segments of a market.
-Positive Airway Pressure Devices market revenue and forecast analysis, by type, application, end-user and geography.
-Key market trends and future growth prospects of the Positive Airway Pressure Devices market.

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