Continuous
positive airway pressure or CPAP therapy is a treatment for obstructive sleep
apnea that uses constant mild air pressure. It increases the air pressure in
throat to inhibit the airway from collapsing, while the patient breathes in. It
includes a tube, a mask and a motor which helps in marinating the needed air
pressure. The tube joins the machine to mask. The mask is designed to cover
only the nose or both the mouth and nose. Various types of masks are available
in market such as full face masks, nasal masks, nasal pillow masks and
pediatric masks.
The
key benefits are included lower the risk of diabetes, improve heart health,
increase energy during the day, improve concentration, help to prevent snoring
& reduce the risk of depression and lower medical expenses. Apart from
this, few of the side-effects are disrupt sleep, cause pain and others.
Based
on product type, CPAP devices market is segmented into CPAP hoses, CPAP motors,
CPAP mask, and others. Based on features, market is segmented into humidifier,
heated tubing, portability, and others. Based on automation, market is
segmented into manual and automatic. Based on distribution channel, market is
segmented into online pharmacy, retail pharmacy and hospital pharmacy. Based on
application, market I segmented into asthma, sleep apnea, chronic lung disease
and others. In addition, based on end-user, market is segmented into hospitals,
home care, private clinics, and others.
The
CPAP devices market is driven by rise in the number of COPD patients, followed
by increase in prevalence of sleep apnea or disorders, rise in healthcare
expenditure, improved mask design & oral appliances, growth in advancement
in technology such as improved mask design, oral appliances, use of oxygen
devices, and increase in demand for the devices. However, high cost of the
devices and their adverse effect may impact the market. Moreover, growth in
product innovation and rise in development of medical device industry are key
opportunities for market.
Based
on geography, the North-American region holds major share, followed by European
region in CPAP devices market owing to rise in government support for research
& development (R&D) coupled with availability of funds for research and
growth in incidence of obesity, unhealthy diet, and physical inactivity in the
region. Whereas, the Asian-Pacific region is anticipated to witness the market
due to high healthcare expenditure, rapidly developing healthcare technology,
and concentration of major companies over the forecast period. In near future,
it is predicted that the market will be reached at rapid pace because of growth
in awareness of sleep apnea & related comorbid conditions during the
forecast period. The worldwide market is projected to grow at a CAGR of
approximately 7.6% over the next five years, will reach US $3950 million in
2024, from US $2550 million in 2019.
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