Continuous Positive Airway Pressure Devices Market To Witness Tectonic GrowthPosted by Merin John on June 28th, 2021 Surging adoption of continuous positive airway pressure (CPAP) devices for clinical effectiveness of sleep disorders and increasing technological developments in these devices are expected to drive the growth of continuous positive airway pressure devices market. High awareness among the patient population about new diagnosis and availability of CPAP products is likely to impact market growth positively in emerging economies. Increasing obese population associated with heightened risk of cardiovascular diseases and increasing prevalence of obstructive sleep apnea are primary factors for the growth of the CPAP devices market. The global continuous positive airway pressure devices market is expected to witness a CAGR of more than 6% during the forecast period (2020–2030). Get Sample Copy of Report @ https://www.persistencemarketresearch.com/samples/31515 Companies covered in Continuous Positive Airway Pressure Cpap Devices Market Report
Due to the COVID 19 pandemic crisis, CPAP has started witnessing greater preference as a potential replacement for lifesaving ventilators after the FDA’s recent emergency policy. Moreover, technological advancements for better diagnosis and management of sleep apnea have been the driving factors for the growth of the continuous positive airway pressure devices market. Increasing collaborations, R&D investments toward developing technologically-advanced devices, and a refined chain of local distribution networks are expected to boost the growth of the CPAP devices market over the coming years. Key Takeaways of Continuous Positive Airway Pressure Devices Market Study
“Increasing demand for CPAP devices coupled with technological advancements such as improved masks and autotitrating CPAP designs for the effective treatment of sleep disorders are some of the factors expected to aid the growth of the global continuous positive airway pressure devices market over the next decade,” says a PMR analyst. Collaboration & Launching Products – Imperative Strategy for Market Players Market introduction of new continuous positive airway pressure devices and collaboration with various larger as well as regional market players are some of the major factors responsible for intense competition among players in the global continuous positive airway pressure devices market. Most companies in the CPAP devices market are small & medium business enterprises, which limits the competition of market players to specific regions. For example, in the month of March 2019, ResMed completed the acquisition of HB Healthcare (HBH), to help millions in South Korea suffering from sleep apnea, chronic obstructive pulmonary disease (COPD), and other respiratory conditions. In May 2017, Fisher & Paykel launched a new F&P SleepStyle CPAP device that has been designed to use in the diagnosis and treatment of sleep specialists and obstructive sleep apnea or OSA patients. What else is in the report? Persistence Market Research offers a unique perspective and actionable insights on the continuous positive airway pressure devices market, in its latest study, presenting historical demand assessment of 2015–2019 and projections for 2020–2030, based on product (CPAP devices, CPAP humidifiers, and CPAP masks & accessories), application (obstructive sleep apnea, respiratory failures, and others), end user (hospitals, clinics, sleep centers, and home care settings), across seven key regions. Like it? Share it!More by this author |