Global CPAP Device Market is expected to reach the market valuation of US$ 4,151.2 million by 2026 expanding at a reasonable CAGR of 8.62% during the forecast period (2020-2026) from US$ 2,475.2 million in 2019. CPAP devices are used to make respiration easier for patients who are suffering from sleep apnea and other similar disorder. It is used to relieve the symptoms such as snoring and hindrance to the inspiration, by providing continuous air supply to the lungs. Among numerous advantages of CPAP usage in sleep apnea patients, improved sleep quality and elimination of daytime sleepiness are also included. Numerous factors will increase the market growth of CPAP devices. On such factor is aging, as sleep apnea is more prevalent in the aged population. Some of the countries such as Japan, Spain and Germany among others have the highest old-age population percentage. Moreover, sleep apnea is quite prevalent in obese people. As the obesity rates are increasing the prevalence of sleep apnea will also increase. This is due to the direct relation of the occurrence of sleep apnea in people with greater BMI. More than half of people with OSA are either overweight or obese.
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Several types of CPAP devices are available in the market. These devices are either automated or manual. Manual CPAP devices dominated the market in 2019, accounting for 69.4% share. Automated CPAP or APAP devices are designed to automatically adjust the amount of pressure delivered on the breath by breathing basis. With the rising demand for connected devices and the penetration of smartphones, the demand for APAP will also increase. CPAP data software enables patients and clinicians to analyze the sleep data by recording it. CPAP Motors, CPAP humidifiers, CPAP masks and other CPAP accessories such as hoses and filters are the major components of CPAP devices. CPAP Motors dominated the market, generating revenue of US$ 1,159.3 million in 2019. A change in the CPAP mask is seen, as it has become more comfortable over the years. Based on the application, the market is segmented into sleep apnea, COPD and other diseases. CPAP devices are majorly used for Sleep Apnea disorder. The segment accounted for 53.7% revenue share in 2019. Traditionally, sleep apnea is majorly treated using CPAP devices. However, it is also used in patients suffering from bronchitis and COPD. During the COVID-19 times, CPAP acted as a substitute amidst the shortage of ventilators in several countries. They were deployed for the treatment of patients with mild COVID-19 in countries like the US and Italy.
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As the demand for treatment in-home care settings is on the rise, the CPAP can be easily used by the patients at home. This demand is seen majorly in the elderly population which also greatly suffers from this disease. Sleep laboratories also deploy the CPAP along with hospitals and clinics. Neonates that have underdeveloped lungs are also supported using CPAP devices in the Neonatal Intensive Care Unit (NICU). For a better understanding on the market dynamics of the global Continuous Positive Airway Pressure (CPAP) Devices market, a detailed analysis was conducted for different regions and country including North America (the U.S and Canada), Europe (Germany, France, Spain, Italy, and United Kingdom), Asia-Pacific (China, Japan, India, and Australia) and rest of the world has been conducted. In 2020, North America is expected to generate the highest revenue share, owing to increased COVID-19 cases in the United States. Further, it is estimated that the US has the largest market for Continuous Positive Airway Pressure (CPAP) Devices due to the high awareness among sleep apnea patients.
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Global Continuous Positive Airway Pressure (CPAP) Device Market Segmentation
Market Insight, by Automation
Market Insight, by Component
Market Insight, by Application
Market Insight, by End-User
Market Insight, by Region
Top Company Profiles
1 MARKET INTRODUCTION
2 RESEARCH METHODOLOGY OR ASSUMPTION
3 INDUSTRY PERFORMANCE
4 EXECUTIVE SUMMARY
5 REGULATORY FRAMEWORK OF CPAP DEVICES
6 MARKET OVERVIEW
7 CPAP USAGE IN THE COVID-19 TREATMENT
8 DEMAND AND SUPPLY SIDE ANALYSIS
9 CPAP DEVICE MARKET VALUE CHAIN
10 MARKET INSIGHTS BY AUTOMATION
11 MARKET INSIGHTS BY COMPONENT
12 MARKET INSIGHTS BY APPLICATION
13 MARKET INSIGHTS BY END-USER
14 MARKET INSIGHTS BY REGION
15 COMPETITIVE SCENARIO
16 TOP COMPANY PROFILES