Global Continuous Positive Airway Pressure (CPAP) Devices Market To Observe Growth Owing To Rising Awareness About Sleep Apnea | key Players includes Medtronic Plc., Smiths Group plc., Koninklijke Philips N.V., Drägerwerk AG & Co. KGaA and Others

Report Overview:

The Global Continuous Positive Airway Pressure (CPAP) Devices Market was valued at USD 3692.2 million in 2021 and is projected to grow USD 5657.1 million in 2028, at a compound annual growth rate of 6.29% during the forecast period. The industry growth is driven by a rising number of patients suffering from respiratory diseases, sleep disorders, and obesity. In addition to this, rising research and developments activities is likely to aid market expansion.

CPAP devices are often used for patients dealing with sleep related breathing disorders such as obstructive sleep apnea in order to keep their airways clear during sleep. Such medical devices basically operate on spontaneous ventilation and gas exchange with the help of the device compressor. It generates an uninterrupted stream of pressurized air across the air passage, improving oxygenated airflow via tube & mask.

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CPAP therapy is a common treatment for sleep apnea. It involves using a machine that delivers a continuous stream of air through a mask worn over the nose or mouth to keep the airway open during sleep. CPAP devices have been shown to effectively treat sleep apnea and improve the quality of life for people who suffer from this condition.

As more people become aware of the dangers of sleep apnea and the benefits of CPAP therapy, demand for CPAP devices is likely to increase. In addition, technological advancements in CPAP devices, such as smaller and more portable machines, are also likely to drive growth in the market.

key Players:

Medtronic Plc.
Smiths Group plc.
Koninklijke Philips N.V.
Drägerwerk AG & Co. KGaA
Fisher & Paykel Healthcare
Hamilton Medical AG
ResMed Inc.
DeVilbiss Healthcare LLC
3B Medical, Inc.
BMC Medical Co., Ltd.

Recent Industry Developments:
• In August 2021, ResMed Inc. launched AirSense 11 in the United States the companies next-generation CPAP device designed to help patients with sleep apnea

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Global Continuous Positive Airway Pressure (CPAP) Devices Market Segmentation:

By Product:
• CPAP Devices
• CPAP Humidifiers
• CPAP Masks
• Accessories
By Application:
• Obstructive Sleep Apnea
• Respiratory Failure
By End-User:
• Hospitals
• Clinics
• Sleep Centers
• Home Care Setting

Hospitals And Clinics Segment To Dominate The CPAP Devices Industry Due To Rise in Geriatri Population:
The continuous positive airway pressure (CPAP) devices market is thoroughly segmented into products, applications and end users. On the basis of products, the market is further segmented into CPAP Devices, CPAP Humidifiers, CPAP Masks, and Accessories. Whereas on the basis of end users Hospitals, Clinics, Sleep Centers, and Home Care settings.

Among these, hospitals and clinics segment is expected to dominate the market share of continuous positive airway pressure (CPAP) devices due to rise in geriatric population as well as increasing number of medical emergencies and requirements for long term hospitalization. In addition to this, segmentation on the basis of applications is further segmented into Obstructive Sleep Apnea, Respiratory Failure, and Others.

The obstructive sleep apnea sub segment is expected to dominate the CPAP devices industry due to rising prevalence of sleep related health disorders as well as to eliminate snoring.

Technological Advancements To Aid The Market Expansion Of Continuous Positive Airway Pressure (CPAP) Devices:
One of the major factors favoring the growth of continuous positive airway pressure (CPAP) devices is the ongoing advancements in technology. It includes auto-adjusting devices that regulate the air pressure automatically, resulting in lesser assistance and enhanced comfort that is expected to boost the sales of CPAP devices. Also rising demand for improvement in clinical practices and less human error will aid the continuous positive airway pressure (CPAP) devices market expansion.

Along with this, rising incidences of obstructive sleep apnea as well as increasing number of people suffering from chronic disorders like obesity & hypertension are likely to spur the demand for continuous positive airway pressure (CPAP) devices.

Rise In Number Of Manufacturers And Distributors To Propel CPAP Devices Market Growth:
The continuous positive airway pressure (CPAP) devices market is quite competitive in nature. The emphasis on research and development activities by prominent players as well as a rise in the number of manufacturers and distributors is expected to propel the industry growth. In addition to this, companies are looking forward to partnerships and collaborations for product development and geographic expansion to gain a larger market share in the continuous positive airway pressure devices industry.

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By Region:
North America- U.S., Mexico, Canada
Europe- UK, France, Germany, Italy, Spain, Rest of Europe
Asia-Pacific- China, Japan, India, South Korea, Rest of Asia Pacific
South America- Brazil, Argentina, Colombia, Rest of South America
The Middle East and Africa- GCC, South Africa, Rest of Middle East & Africa

North America Region To Dominate The Global Market Owing To Rising Awareness About Sleep Apnea:
The North America region is expected to hold the major share of the global continuous positive airway pressure (CPAP) devices market owing to growing expendable income as well as increasing awareness about sleep apnea. In addition to this, other factors favoring the growth of CPAP devices are the benefits it provides including stabilizing blood pressure, feeling less sleepy during the day, and improved sleep.

On the other hand, Europe is expected to witness growth and be the second largest region to dominate the CPAP market owing to rising investment in research and development activities by key players in this region. In addition to this, well defined regulatory guidelines as well as increasing awareness among people regarding advanced innovations will also help with the expansion of continuous positive airway pressure (CPAP) devices market.

TABLE OF CONTENTS:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. COVID-19 Impact On Continuous Positive Airway Pressure (CPAP) Devices Market
Chapter 5. Global Continuous Positive Airway Pressure (CPAP) Devices Market Overview, By Product, 2015 - 2028(USD Million)
Chapter 6. Global Continuous Positive Airway Pressure (CPAP) Devices Market Overview, By Application, 2015 - 2028(USD Million)
Chapter 7. Global Continuous Positive Airway Pressure (CPAP) Devices Market Overview, By End-User, 2015 - 2028(USD Million)
...TOC Continued

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