The Continuous Positive Airway Pressure (CPAP) Devices Market size was estimated to be US$ 3.1 billion in 2022 and US$ XX billion in 2023 and is expected to reach US$ 6.2 billion by 2031; it is estimated to record a CAGR of 7.9% till 2031. Integration of CPAP devices with healthcare software such as EMR are likely to remain key Continuous Positive Airway Pressure (CPAP) Devices Market trends.
Increasing geriatric population, increasing home healthcare, increasing prevalence of sleep apnea, increasing surgical procedures, and increasing prevalence of respiratory diseases is driving the growth of the continuous positive airway pressure (CPAP) devices market. In addition, increase in FDA approval for emergency use of CPAP devices in management of respiratory diseases such as COVID-19 has fuelled the demand for CPAP devices.
Continuous positive airway pressure devices also referred to as CPAP devices are used in hospital and emergency settings as an oxygen source to patients suffering from respiratory insufficiency. These devices also act as a mainstay for oxygen provision among patients undergoing heart failure treatment. These devices help to create an effective impact in care and treatment among patients with pulmonary edema, heart failure, COPD, and others.
The CPAP is used in a treatment of chronic obstructive respiratory diseases (COPD) cases as a replacement of respiratory device ventilator. CPAP device uses air pressure to keep the airways open, and patients who have breathing or respiratory problems typically use it. According to the American Lung Association, COPD is the leading cause of death in the US, and more than 12 million Americans were diagnosed with these diseases in 2022. Per the same source, ~8.5 million adults globally were diagnosed with COPD during 2019–2020. According to the World Health Organization (WHO), in 2021, COPD was the third prominent cause of death worldwide. The high mortality rate of COPD is due to acute exacerbations, which lead to the patients’ respiratory muscle failure, resulting in the loss of patient’s ability to breathe independently; as a result, the patients die from systemic infection and asphyxia. Increasing use of CPAP for COPD patients is fueling the growth of the continuous positive airway pressure (CPAP) devices market.
The launch of continuous positive airway pressure (CPAP) devices is creating a dynamic competition among players to keep up their position in the market. The players are coming up with multiple and advanced products for buyers to choose from a wide range of alternatives in the field of treatment of sleep apnea and respiratory disorder. For instance, in August 2021, ResMed launched the AirSense 11, its CPAP machine iteration, which includes a host of new features to treat obstructive sleep apnea. The feature of this device includes device set-up tutorials on the myAir patient engagement app, personalized care guidance and remote patient monitoring through the AirView platform. Similar launches of new CPAP devices intended for various purposes in the medical field are expected to be a prevalent opportunity in the CPAP devices market during the forecast period.
Key segments that contributed to the derivation of the Continuous Positive Airway Pressure (CPAP) Devices Market analysis are drug type, product, and mode of order.
The geographic scope of the Continuous Positive Airway Pressure (CPAP) Devices Market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.
North America has dominated the Continuous Positive Airway Pressure (CPAP) Devices Market. In North America, the US holds the significant share of the continuous positive airway pressure (CPAP) devices market. The growth in North America is characterized by high prevalence of respiratory diseases, rising government support for treatment of respiratory diseases, growing healthcare expenditure, increasing preference for home healthcare, presence of major market players, and increasing prevalence of sleep apnea. In addition, technological advancement, and integration of healthcare software with CPAP devices for monitoring is fueling the growth of North America market.
The regional trends and factors influencing the Continuous Positive Airway Pressure (CPAP) Devices Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Continuous Positive Airway Pressure (CPAP) Devices Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 3.1 Billion |
| Market Size by 2031 | US$ 6.2 Billion |
| Global CAGR (2023 - 2031) | 7.9% |
| Historical Data | 2021-2022 |
| Forecast period | 2024-2031 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The Continuous Positive Airway Pressure (CPAP) Devices Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Continuous Positive Airway Pressure (CPAP) Devices Market are:
Disclaimer: The companies listed above are not ranked in any particular order.
The Continuous Positive Airway Pressure (CPAP) Devices Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for viral antigens and strategies:
The “Continuous Positive Airway Pressure (CPAP) Devices Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas: