Positive Airway Pressure Devices Market Report 2024: Strategies And Recent Developments | include ResMed Corporation, Royal Philips N.V., 3B Medical Corporation, Fisher & Paykel Healthcare Corporation Limited, Drive DeVilbiss Healthcare Inc., Somnetics In

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The Business Research Company offers in-depth market insights through Positive Airway Pressure Devices Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The positive airway pressure devices market size has grown rapidly in recent years. It will grow from $3.94 billion in 2023 to $4.37 billion in 2024 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to demand for sleep apnea and respiratory therapy, growth in aging population and chronic diseases, expansion in home healthcare solutions, use in neonatal and pediatric care, regulatory standards for medical devices..

The positive airway pressure devices market size is expected to see rapid growth in the next few years. It will grow to $6.72 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%. The growth in the forecast period can be attributed to personalized and patient-centric airway pressure devices, growth in telemedicine and remote monitoring, customized devices for specific respiratory conditions, expansion of telehealth and virtual sleep clinics, increased use in sports and performance sleep.. Major trends in the forecast period include ai and machine learning in sleep disorder management, regulatory compliance in airway pressure device safety, portable and travel-friendly pap solutions, pediatric and infant-specific pap devices, wearable pap technology for continuous monitoring..

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Market Segmentation:
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 the least amount of pressure integrity of the airway. Bilevel positive airway pressure devices are used to push air through the lungs using two different machines, one for higher pressure when breathing in and the other with a lower pressure when breathing out. These devices are used for the treatment of sleep apnea, COPD, and other disorders. The user of positive airway pressure devices includes hospitals & sleep labs, home care settings, and others.

Major Driver - Geriatric Population Growth Fuels Positive Airway Pressure (PAP) Device Market Due To Increased Prevalence Of Sleep Apnea
The increase in geriatric population is expected to contribute to the growth of the positive airway pressure (PAP) devices market in the forecast period. The geriatric population is more prone to sleep apnea diseases. The higher prevalence of obstructive sleep apnea (OSA) is related to the decrease in the size of the upper airway lumen because of increasing age. For instance, in June 2021, according to the UK Parliament's House of Commons Library, a UK-based information resource, by 2043, there will be a rise in the senior population in the UK, which will make up 24% of the total population (17.4 million people). Thus, the rising geriatric population as the existence of apnea is more prevalent in the geriatric population, and this is likely to drive the market.

Competitive Landscape:
Major companies operating in the positive airway pressure devices market include ResMed Corporation, Royal Philips N.V., 3B Medical Corporation, Fisher & Paykel Healthcare Corporation Limited, Drive DeVilbiss Healthcare Inc., Somnetics International Corporation, Heyer-Schulte Medical Corp., Genstar Technologies LLC, BMC Medical Inc., Apex Medical Corporation, Armstrong Medical Industries Inc., Curative Medical Corporation, Compumedics Corporation Limited, CareFusion Corporation, Mercury Medical Inc., Khayat Medical Industries S.A.R.L, Vyaire Medical Inc., Teijin Limited, Medtronic plc, Servona AG, Medical Depot Corporation, Weinmann Emergency Medical Technology GmbH & Co. KG, Beijing Dehaier Medical Technology Co. Ltd., Breas Medical AB, Cadwell Industries Corporation, General Electric Healthcare, Hamilton Medical AG, Invacare Corporation, Medline Industries Inc., Nihon Kohden Corporation, Oventus Medical Limited, SomnoMed Limited

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Top Trend - Innovative Product Launches Transform The Positive Airway Pressure (PAP) Devices Market
Major companies are operating in the positive airway pressure devices market are innovating new technological products such as AirSense 11 PAP Series to increase their profitability in the market. The AirSense 11 PAP Series is a line of positive airway pressure (PAP) devices. For instance, in August 2021, ResMed Inc., a US-based medical devices company launched AirSense 11 PAP Series. The purpose of the AirSense 11 PAP Series is to treat sleep apnea with PAP devices. To make therapy setup and nightly usage easier for patients, they have a number of features such an integrated humidifier, AutoRamp technology, and an intuitive touchscreen. Three distinct models-AutoSet, CPAP, and Elite-are part of the AirSense 11 series. These extremely flexible PAPs let you vary between APAP and CPAP therapy according on your needs. Thus, companies operating in the market are continuously focusing on introducing new technologies to survive in the positive airway pressure devices market.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Positive Airway Pressure Devices Market Characteristics
3. Positive Airway Pressure Devices Market Trends And Strategies
4. Positive Airway Pressure Devices Market - Macro Economic Scenario
5. Positive Airway Pressure Devices Market Size And Growth
…..
27. Positive Airway Pressure Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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