Positive Air Pressure Devices Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

A positive airway pressure (PAP) device is used to treat sleep apnea by maintaining pressurised air flow through the airways of the throat. The PAP machine comprises of a tube-attached face mask and a machine that delivers pressured air through the mask into the airway to keep it open. The air acts like a balloon, holding the neck muscles relaxed and open. The growing prevalence of respiratory disorders, increasing geriatric population across the globe along with high inclination of people towards PAP therapy are all expected to drive market growth during the forecast period.

MARKET SCOPE

The "Global Positive Air Pressure Devices Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of the positive air pressure devices market with detailed market segmentation by type and end user. The report provides key statistics on the market status of the leading positive air pressure devices market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on type the market is segmented as, continuous positive air pressure devices (CPAP), bi-level positive air pressure (BIPAP) and automatic positive airway pressure devices (APAP).
  
•   Based on end user the market is segmented as, hospitals, clinics and others.
  

MARKET DYNAMICS

Drivers:

•   Increasing prevalence of respiratory disorders along with sleep apnea disorder.
  
•   Growing geriatric population across the globe.
  
•   High inclination of people towards PAP therapy is expected to fuel the market growth.
  
•   Technological advancements in sleep apnea and respiratory devices are also expect to spur market growth during the forecast period.
  

Restraints:

•   Whereas, high cost of PAP devices is likely to restrain market growth during the forecast period.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The positive air pressure devices market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the positive air pressure devices market in these regions.

IMPACT OF COVID-19 ON POSITIVE AIR PRESSURE DEVICES MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. According to the current market situation, the report further assesses the present and future effects of the COVID-19 pandemic on the overall market, giving more reliable and authentic projections In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the positive air pressure devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from positive air pressure devices market are anticipated to lucrative growth opportunities in the future with the rising demand for positive air pressure devices in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the positive air pressure devices market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Koninklijke Philips N.V
  
•   Curative Medical
  
•   ResMed
  
•   Fisher and Paykel Healthcare Limited
  
•   Rotech Healthcare Inc
  
•   BMC Medical Co., Ltd
  
•   3B Medical, Inc.
  
•   ARMSTRONG MEDICAL
  
•   APEX MEDICAL CORP
  
•   Smiths Medical
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Positive Air Pressure Devices Report Scope