According to a new market research study of “Continuous Positive Airway Pressure (CPAP) Devices Market to 2027 – Global Analysis and Forecast by Type and End User,” the global continuous positive airway pressure (CPAP) devices market is expected to reach US$ 4,481.41 million by 2027 from US$ 2,462.86 million in 2019. The market is estimated to grow at a CAGR of 7.8% from 2020 to 2027. The report highlights trends prevailing in the global continuous positive airway pressure (CPAP) devices market and the factors driving market along with those that act as hindrances.
Based on end user, the global continuous positive airway pressure (CPAP) devices market is segmented into emergency health departments and hospitals. In 2019, the hospitals segment held the larger share of the global continuous positive airway pressure (CPAP) devices market, owing to the increasing number of patients admitted to hospitals and various services along with good quality treatment offered by the hospitals. Moreover, emergency health departments segment is estimated to register the highest CAGR during the forecast period. Also, the rising incidences of sleep apnea cases are likely to propel the demand for these devices.
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In geriatric population, along with the apnea, patients usually suffers from other diseases as well, therefore, apnea is more prevalent in the geriatric population. The higher prevalence of respiratory disorder is related to the decrease in the size of the upper airway lumen because of the increasing age factor. Moreover, the rising number of obese patients in North America also drives the CPAP market. For instance, in 2016, the World Health Organization (WHO) reported that around 1.9 billion adults were overweight, out of these over 650 million were obese.
Additionally, in 2019, CDC found that more than one-third (36.5%) of the US adults and 17% of children were obese. According to the second study by the National Center for Health Statistics at the CDC, during 2017-2018, 42.4% of the US adults were obese (43% of men and 41.9% of women).Thus, growing number of geriatric population and high prevalence of obese patients is driving the continuous positive airway pressure (CPAP) devices market.
Leading Key Players:
3B Medical, Inc., Airing, Cardinal Health, DeVilbiss Healthcare LLC, Smiths Medical (Smiths Group Plc.), Koninklijke Philips N.V., Somnetics International, Inc. (Transcend), Sleepnet Corporation, Circadiance, and ResMedare among the leading companies operating in the continuous positive airway pressure (CPAP) devices market.
The report segments global continuous positive airway pressure (CPAP) devices market as follows:
- Automatic
- Manual
By End User
- Emergency Health Departments
- Hospitals
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