Positive Airway Pressure Devices Market Demand and Value Analysis 2027

Positive Airway Pressure (PAP) Devices Market to 2027 - Global Analysis and Forecasts By Product (Automatic Positive Airway Pressure (APAP) Devices, Continuous Positive Airway Pressure (CPAP) Devices, Bilevel Positive Airway Pressure (BPAP) Devices); End User (Sleep Laboratories & Hospitals, Home Care/Individuals) and Geography

Publication Month : Sep 2019

  • Report Code : TIPRE00004389
  • Category : Medical Device
  • Status : Published
  • No. of Pages : 156
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The global positive airway pressure (PAP) devices market is US$ 2,332.14 Mn in 2018 and is predicted to grow at a CAGR of 8.3% during the forecast period 2019 – 2027, to reach US$ 4,731.03 Mn by 2027.

Asia Pacific is the fastest growing geographic market and is expected to be the significant revenue contributor in forecast period. The region is expected to be the fastest growing due to the key factors such as prevalence of sleep apnea diseases, presence of supportive government initiatives, like Japanese Circulation Society, Chinese Sleep Research Society to create awareness regarding sleep apnea disorders in the region. Moreover, rising activities such as product launches, approvals, and collaborations by international players in China, Japan and India. Therefore, owing to the above factors, the region has huge potential for the positive airway pressure (PAP) devices market to grow during the forecast period.

Lucrative Regional Positive Airway Pressure (PAP) Devices Markets

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Market Insights

Increased Prevalence of Sleep Apnea

Obstructive sleep apnea (OSA) is the frequent partial and complete airway obstructions that occur while sleeping. The severity of the disease is calculated with an apnea-hypopnea index (AHI); it is the mean number of apneas and hypopneas during per hour of sleep. In recent years, the prevalence of obstructive sleep apnea (OSA) has been increasing, which eventually affects the health, safety, and economic conditions. The OSA is related to health concerns which include cardiovascular disease and metabolic disorders in the long run.

According to data published by ResMed in 2018, the prevalence of sleep apnea affects above 936 million people globally. The estimate is almost ten times more than the previously performed studies. Earlier, according to the World Health Organization (WHO), in 2007, above 100 million people were suffering from OSA. The prevalence of OSA is growing in the population due to unhealthy lifestyle. The anticipated prevalence of sleep-disordered disorders has grown in adults. The rising prevalence of OSA eventually contributes in the demand for sleep apnea devices. These are likely to expand the market in the forecast period.

Rising Geriatric Population

The elderly population is more prone to the sleep apnea diseases. Moreover, the existence of apnea is more prevalent in the geriatric population due to other diseases associated with apnea are present in more number in these groups. The higher prevalence of OSA is related to the decrease in the size of the upper airway lumen because of increasing age factor. For instance, according to the report of UN, in 2012, the number of older persons (aged 60 years or over) is expected to more than double, from 841 million people in 2013 to reach above 2 billion in 2050. Another factor responsible for older people that makes them prone to sleep apnea disease is the age-related rise in arousal frequency. According to a study of National Center for Biotechnology Information (NCBI), in 2016, the prevalence of sleep-disordered breathing (SDB) in the elderly population varies from 20% to 40%, and the prevalence is estimated to be higher in the growing age populations. These are likely to grow the market in the coming years.


Product Insights

The global positive airway pressure (PAP) devices market by product was led by continuous positive airway pressure (CPAP) devices segment. In 2018, the CPAP devices segment held the largest share of the market, by product. However, the APAP devices segment is also expected to witness growth in its demand at a fastest CAGR of 9.9% during 2019 to 2027 owing to its advantages such as providing a range of air pressure to meet the patient’s particular changing breathing needs for the night. It is made with low pressure setting and a high pressure setting.

 Positive Airway Pressure (PAP) Devices Market, by Product

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Positive Airway Pressure (PAP) Devices Market: Strategic Insights

positive-airway-pressure-pap-devices-market
Market Size Value inUS$ 2,332.14 Million in 2018
Market Size Value byUS$ 4,731.03 Million by 2027
Growth rateCAGR of 8.3% from 2019-2027
Forecast Period2019-2027
Base Year2019
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There have been various developments made in the positive airway pressure (PAP) devices market during recent years. However, growth strategies such as approvals, collaborations, and partnerships have been witnessed in the market of positive airway pressure (PAP) devices. For instance, in March 2019, ResMed completed the acquisition of HB Healthcare (HBH) to help millions of South Koreans living with sleep apnea, chronic obstructive pulmonary disease (COPD) and other respiratory conditions. Also, during May 2017, Fisher & Paykel introduced New F&P SleepStyle CPAP Device designed to use in the diagnosis and treatment of sleep specialists and obstructive sleep apnea or OSA patients.

POSITIVE AIRWAY PRESSURE (PAP) DEVICES – MARKET SEGMENTATION

 BY PRODUCT

  • Automatic Positive Airway Pressure (APAP) Devices
  • Continuous Positive Airway Pressure (CPAP) Devices
  • Bilevel Positive Airway Pressure (BiPAP) Devices

BY END USER

  • Sleep Laboratories & Hospitals
  • Home Care/Individuals

BY GEOGRAPHY

  • North America

    • U.S.
    • Canada
    • Mexico
  • Europe

    • France
    • Germany
    • UK
    • Spain
    • Italy
  • Asia Pacific (APAC)

    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Middle East & Africa (MEA)

    • Saudi Arabia
    • South Africa
    • UAE
  • South and Central America

    • Brazil
    • Argentina


COMPANY PROFILES

  • Smiths Medical
  • Koninklijke Philips N.V.
  • Devilbiss Healthcare LLC
  • Compumedics Limited
  • VYAIRE
  • 3B Medical, Inc.
  • ResMed
  • Fisher & Paykel Healthcare Limited
  • Löwenstein Medical UK Ltd.
  • APEX MEDICAL CORP.
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Product Devices ; End User and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina

The List of Companies

  1. Smiths Medical
  2. Koninklijke Philips N.V.
  3. Devilbiss Healthcare LLC
  4. Compumedics Limited
  5. VYAIRE
  6. 3B Medical, Inc.
  7. ResMed
  8. Fisher & Paykel Healthcare Limited
  9. Löwenstein Medical UK Ltd.
  10. APEX MEDICAL CORP.

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