‘PAP Devices Market by Type [CPAP, BiPAP, APAP, Accessories (Masks, Headgear)], Disease [Obstructive Sleep Apnea, COPD, Respiratory Failure, Heart Failure], End User [Hospitals and Sleep Clinics, Home Healthcare Settings] - Global Forecast to 2030,’ published by Meticulous Research®, the PAP devices market is projected to reach $6.63 billion by 2030, at a CAGR of 5.2% from 2023 to 2030.
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Positive airway pressure (PAP) devices pump air under pressure into the airway of the lungs. These devices prevent airways from collapsing, which may slow down breathing in people with respiratory problems such as obstructive sleep apnea. (OSA). Positive airway pressure (PAP) devices are used in hospitals, sleep clinics, and home healthcare settings to treat adult and pediatric or neonatal patients. Types of PAP devices include continuous positive airway pressure (CPAP) devices, bilevel positive airway pressure (BiPAP) devices, and automatic positive airway pressure (APAP) devices.
The growth of this market is driven by factors the increasing prevalence of respiratory and sleep disorders, increasing breathing problems associated with the geriatric population, increasing approvals for sleep apnea devices, growing awareness about the adverse impacts of untreated sleep apnea, and favorable reimbursement policies for sleep apnea therapies and devices. However, the high costs of positive airway pressure (PAP) devices and difficulties in using positive airway pressure (PAP) devices in patients with severe nosebleed problems, allergies to latex, claustrophobia, and bullous lung disease restrain the market’s growth.
Furthermore, the growing demand for home sleep apnea tests and technological advancements in positive airway pressure (PAP) devices and therapies are expected to offer significant market growth opportunities. However, the side effects of PAP devices pose a major challenge to the market’s growth.
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Product Launches and Approvals to Boost the Growth of the PAP Devices Market
A positive airway pressure (PAP) device helps sleep apnea patients by blowing pressurized air through the airway to keep the throat open. According to the National Institutes of Health (NIH), in 2020, 26% of people in the U.S. aged 30–70 years were affected by sleep apnea.
PAP devices keep patients’ airways open while sleeping, allowing them to breathe the oxygen they require for optimal functioning. Therefore, various PAP devices are adopted to induce better sleep and treat other sleep-related conditions. Key players are focused on product launches and approvals to strengthen their positions in the market.
For instance:
The PAP devices market is segmented based on Product (Continuous Positive Airway Pressure (CPAP) Devices, Bilevel Positive Airway Pressure (BiPAP) Devices, Automatic Positive Airway Pressure (APAP) Devices, Accessories [Masks {Full Face Masks, Nasal Masks, Nasal Pillows/Cushion Masks}, Headgear, Other Accessories]), Application (Obstructive Sleep Apnea (OSA), Respiratory Failure, Chronic Obstructive Pulmonary Disease (COPD), Heart Failure), End User (Hospitals and Sleep Clinics, Home Healthcare Settings), and Geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.
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Based on geography, the PAP devices market is segmented into North America (U.S., Canada), Europe (Germany, France, the U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, Australia, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America), and the Middle East & Africa. In 2023, North America is expected to account for the largest share of the PAP devices market. North America’s large market share can be attributed to the increasing demand for PAP devices and the higher adoption of advanced medical devices in the region. Moreover, the increasing number of organic and inorganic developments by key players, such as product launches, product approvals, and acquisitions, is expected to contribute to the growth of this regional market.
However, Asia-Pacific is expected to witness rapid growth during the forecast period. Increasing government spending on healthcare in countries such as China, India, Singapore, and South Korea, technological advancements in PAP devices, and increasing government initiatives to promote awareness are driving the growth of the PAP devices market in Asia-Pacific. Furthermore, government initiatives supporting the development of healthcare facilities and increasing awareness about sleep disorders and respiratory disorders are also boosting the growth of this regional market.
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