Positive Airway Pressure Devices Global Market To Reach Value Of About $3.04 Million In 2025

9 Jun, 2021

The positive airway pressure devices market consists of sales of positive airway pressure devices by entities (organizations, sole traders, and partnerships) that manufacture positive airway pressure (PAP) devices that are used to trap air under pressure into the airway of the lungs. It is widely used in the treatment of obstructive sleep apnea (OSA), snoring, and others. PAP devices include bands to position the mask, a pipe or tube to connect the mask to a device, and an air filter to purify the air entering the nostrils.

Global Positive Airway Pressure Devices Market Size And Drivers:

The global positive airway pressure devices market is expected to grow from $1.95 million in 2020 to $2.18 million in 2021 at a compound annual growth rate (CAGR) of 7.71%. The growth is mainly due to increased prevalence of diseases such as sleep apnea and COPD. The positive airway pressure devices market is expected to reach $3.04 million in 2025 at a CAGR of 8.62%. The increasing geriatric population is expected to contribute to the growth of the positive airway pressure (PAP) devices market in the forecast period.

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Trends In The Global Positive Airway Pressure Devices Market

The launch of innovative and technologically advanced products by the industry players is gaining popularity in the positive airway devices market. For instance, in September 2020, keepMED, a start-up company developing disruptive solutions for the medication of obstructive sleep apnea (OSA) has designed and developed keePAP. keePAP will help in mainting airway pressure to keep the upper airway open, this will support user respiratory system to deliver just the amount of PAP needed intermittently and with minimal airflow. Thus, companies operating in the market are continuously focusing on introducing new technologies to survive in the positive airway pressure devices market.

Global Positive Airway Pressure Devices Market Segments:
The global positive airway pressure devices market is further segmented based on product type, application, end user and geography.
By Product Type: Continuous Positive Airway Pressure (CPAP), Auto-titrating Positive Airway Pressure (APAP), BiLevel Positive Airway Pressure (BiPAP)
By Application: Sleep Apnea, COPD, Others
By End-User: Hospitals & Sleep Labs, Home Care Settings, Others
By Geography: The global positive airway pressure devices market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the positive airway pressure devices market in 2020.

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Positive Airway Pressure Devices Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides positive airway pressure devices market overviews, analyzes and forecasts market size and growth for the global positive airway pressure devices market, positive airway pressure devices market share, positive airway pressure devices market players, positive airway pressure devices market segments and geographies, positive airway pressure devices market’s leading competitors’ revenues, profiles and market shares. The positive airway pressure devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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