Continuous positive airway pressure therapy is the most common treatment for obstructive sleep apnea that uses constant mild air pressure. These continuous positive airway pressure devices are used to keep the airways open while sleeping and also to control the output pressure by keeping the airflow pressure unbroken. The global continuous positive airway pressure devices market is growing at a steady pace and offers high growth opportunities for market players during the forecast period. One of the major drivers of the global market is high prevalence of sleep disorders. As per the Center for Disease Control and Prevention, it is estimated that over 350 Mn people worldwide suffer from sleep apnea. Thus, the growing awareness of sleep apnea and related comorbid conditions such as high blood pressure, and obesity have led to increased demand for continuous positive airway pressure devices. Similarly, advances in technology such as use of oxygen devices, improved mask design and oral appliances are expected to provide support and propel the growth of the global continuous positive airway pressure market.

Though delivery of continuous positive airway pressure through a nasal mask is the most common modality of treatment, other systems exist for interfacing with adults and children. Nasal continuous positive airway pressure is regularly used in infants, however its use is debatable. Studies have revealed nasal continuous positive airway pressure reduces ventilator time but an augmented incidence of pneumothorax was also prevalent. Oral masks and naso-oral masks are frequently used when nasal congestion or obstruction is an issue. Devices which combine nasal pressure with maxillary advancement devices (MAD) also exist. The continuous positive airway pressure device requires to be used every night. Some patients complain of nasal congestion, mask discomfort, and nose and throat dryness when using continuous positive airway pressure. Others find the device to be too cumbersome and constrictive, particularly when travelling. Unfortunately, these complaints sometimes lead to inconsistent use or abandonment of the device altogether. Proper mask fitting and use of a humidifier can resolve these issues.

Geographically, continuous positive airway pressure devices market has been segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa. The continuous positive airway pressure devices market is currently dominated by the Americas, accounting for more than half market share, followed by the Middle East & Africa region and the Asia Pacific region. In the Americas, the U.S. was the largest revenue contributor because of the increased diagnosis of sleep apnea in patients. Similarly, Asia Pacific expected to witness higher growth in continuous positive airway pressure devices market due to increasing disease prevalence in the countries like India and China. The market will typically witness a higher growth rate in countries such as the Germany, Spain, U.K., Italy and France. The continuous positive airway pressure devices market in the U.K. is developed and well-established, and is comparatively it is easier to enter the market for new players, making the positive airway pressure devices market in the country more prominent than in any other European countries. The growth of this market in Europe is attributed to well-defined regulatory guidelines and increasing prevalence of sleep apnea during the forecast period.

Continuous positive airway pressure devices market is dominated by big players while the remaining market is fragmented. The dominating players compete based on factors such as product features, price and reliability. However, the emerging players are developing innovative devices to treat obstructive sleep apnea (OSA) and other sleep related respiratory conditions, which could pose a threat to major players in terms of revenue during 2016-2024. The top vendors in the market are ResMed and Philips Healthcare. Other prominent vendors include Apria Healthcare, Apex Medical, Armstrong Medical, Bremed, BMC Medical, Cardinal Health, Dehaier Medical Systems, Curative Medical, DeVilbiss Healthcare, Genstar Technologies, Drager Medical, Hans Rudolph, Hersill, Heyer Medical, InnoMed Technologies, HOFFRICHTER GmbH, Intersurgical, Medtronic, Invacare, PAHSCO, Pneumocare, Penlon, Pulmodyne, Smiths Medical, Sleepnet, SOMNETICS, Sturdy Industrial, and Weinmann Gerate fur Medizin. 

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Continuous Positive Airway Pressure Devices Market

Pre Book