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Positive Airway Pressure Devices Market worth $3.14 billion by 2030, growing at a CAGR of 7.19% - Exclusive Report by 360iResearch

02-08-2024 10:07 AM CET | Health & Medicine

Press release from: 360iResearch

Positive Airway Pressure Devices Market | 360iResearch

Positive Airway Pressure Devices Market | 360iResearch

The "Positive Airway Pressure Devices Market by Product Type (Auto - Titrating Positive Airway Pressure, Bi -Level Positive Airway Pressure, Continuous Positive Airway Pressure), End-User (Home Care Settings, Hospitals & Sleep Labs) - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Positive Airway Pressure Devices Market to grow from USD 1.93 billion in 2023 to USD 3.14 billion by 2030, at a CAGR of 7.19%.

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Positive airway pressure (PAP) devices are medical apparatuses designed to provide constant and steady air pressure into the airways of patients suffering from obstructive sleep apnea (OSA) and other respiratory disorders. These devices facilitate breathing by keeping the airways open, primarily during sleep, thereby improving respiratory function and ensuring adequate oxygen levels in the bloodstream. Key drivers include the rising prevalence of sleep apnea, growing awareness of the health risks associated with untreated sleep disorders, advancements in PAP technology and user-friendly designs, increased healthcare expenditure, and patient preference for home-based healthcare solutions. However, the high cost of PAP devices, the lack of reimbursement policies in emerging economies, and potential side effects such as nasal dryness and discomfort, which may discourage patient adherence to treatment protocols, limit its use. The need for product innovation to enhance patient comfort, dealing with stringent regulatory requirements for product approvals, and increasing the presence in low and middle-income countries where sleep-related disorders are significantly underdiagnosed pose significant challenges. Opportunities are abundant, particularly in developing telehealth services and smart PAP devices for remote monitoring and compliance management. The integration of artificial intelligence for personalized therapy, expansion into untapped markets with educational and awareness campaigns, and strategic partnerships with healthcare providers are also substantial areas that offer potential expansion.

Market Segmentation & Coverage:

This research report categorizes the Positive Airway Pressure Devices Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Product Type, market is studied across Auto - Titrating Positive Airway Pressure, Bi -Level Positive Airway Pressure, and Continuous Positive Airway Pressure. The Continuous Positive Airway Pressure is projected to witness significant market share during forecast period.

Based on End-User, market is studied across Home Care Settings and Hospitals & Sleep Labs. The Hospitals & Sleep Labs is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 38.41% in 2023, followed by Europe, Middle East & Africa.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Positive Airway Pressure Devices Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Positive Airway Pressure Devices Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Positive Airway Pressure Devices Market, highlighting leading vendors and their innovative profiles. These include 3B Medical, Inc., Apex Medical Corporation, Armstrong Medical Inc., Becton, Dickinson and Company, BMC Medical Co., Ltd., Breas Medical AB, Drive DeVilbiss Healthcare, Inc., Dymedso Inc., Fisher & Paykel Healthcare Limited, Invacare Corporation, Koninklijke Philips N.V., medin Medical Innovations GmbH, Microchip Technology Inc., Narang Medical Limited, ResMed Corporation, Salter Labs Inc., Teijin Pharma Limited, and Texas Instruments Incorporated.

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Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Positive Airway Pressure Devices Market, by Product Type
7. Positive Airway Pressure Devices Market, by End-User
8. Americas Positive Airway Pressure Devices Market
9. Asia-Pacific Positive Airway Pressure Devices Market
10. Europe, Middle East & Africa Positive Airway Pressure Devices Market
11. Competitive Landscape
12. Competitive Portfolio
13. Appendix

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Positive Airway Pressure Devices Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Positive Airway Pressure Devices Market?
3. What is the competitive strategic window for opportunities in the Positive Airway Pressure Devices Market?
4. What are the technology trends and regulatory frameworks in the Positive Airway Pressure Devices Market?
5. What is the market share of the leading vendors in the Positive Airway Pressure Devices Market?
6. What modes and strategic moves are considered suitable for entering the Positive Airway Pressure Devices Market?

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Contact 360iResearch

Mr. Ketan Rohom
Sales & Marketing,
Office No. 519, Nyati Empress,
Opposite Phoenix Market City,
Vimannagar, Pune, Maharashtra,
India - 411014.
sales@360iresearch.com
+1-530-264-8485
+91-922-607-7550

About 360iResearch

360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.

We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.

Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.

Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.

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