North America Continuous Positive Airway Pressure (CPAP) Devices Market is expected to reach US$2,007.22 million by 2027


PRESS RELEASE BY The Insight Partners 09 Jul 2020

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Automatic segment by type is estimatedtolead the market growthduring the forecast period

 

According to The Insight Partners market research study of “North America Continuous Positive Airway Pressure (CPAP) Devices Forecast to 2027 - COVID-19 Impact and Global AnalysisbyType and EndUser,”the North America continuous positive airway pressure (CPAP) devices isprojectedto reach US$ 2,007.22 million by2027 from US$ 1,083.41 million in2019. The market is estimated to grow at CAGR of 8.1% from 2020 to 2027. The report highlights trends prevailing in the North America continuous positive airway pressure (CPAP) devicesmarket and the factors driving market along with those that act as hindrances.

 

Based on type,the North America continuous positive airway pressure (CPAP) devices market is further segmented into automatic and manual.The automatic segment held the larger share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period. Automatic titrating (measuring and adjusting) continuous positive airway pressure is also known as APAP. Auto-CPAP is set within a high and low pressure range for the purpose of varying inhalation needs. This range is predetermined by prescribing physician. Additionally, this technology has a sensitive algorithm that allows the machine to detect the inhalation pressure which patients need for each breath.Thus, owing to above mentioned reasons, the market for automatic continuous positive airway pressure (CPAP) devices is likely to experience a significant growth during the forecasted period.

 

North America continuous positive airway pressure (CPAP) devices marketis expected to grow owing to factors such asrising in number of geriatric population and increasing prevalence of obesity. However, the market is likely to have negative impact due to high cost of CPAP machines cost and negative effect of device,such as its nearly impossible for the middle class  to effort CPAP machine.

 

Koninklijke Philips N.V.,Cardinal Health Inc, Smith’s Group plc, ResMed 3B Medical Inc, Airing,Medical Depot, Inc. dba drives DeVilbiss Healthcare LLC, Somnetics International, Inc.,Sleepnet Corporation., and Circadiance, are among the leading companies operating in the North America continuous positive airway pressure (CPAP) devices market.

 

North America Continuous Positive Airway Pressure (CPAP) Devices Market, By Country, 2019 (% share)

North America Continuous Positive Airway Pressure (CPAP) Devices Market, By Country, 2019 (% share)

North America Continuous Positive Airway Pressure (CPAP) Devices Market to Grow at a CAGR of 8.1% to reach US,007.22 million from 2020 to 2027

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North America Continuous Positive Airway Pressure (CPAP) Devices Market to 2027- Covid-19 Impact and Regional Analysis by Type (Automatic, Manual), End User (Emergency Health Departments, Hospitals), and Country


The report segments in North America Continuous Positive Airway Pressure (CPAP) Devices market as follows:

 

By Product

  • Automatic
  • Manual


By EndUser

  • Hospital
  • Emergency Health Departments


By Country

  • North America
    • US
    • Canada
    • Mexico

 

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