
North America Continuous Positive Airway Pressure (CPAP) Devices Market
No. of Pages: 125 | Report Code: TIPRE00012089 | Category: Life Sciences
No. of Pages: 125 | Report Code: TIPRE00012089 | Category: Life Sciences
The North America continuous positive airway pressure (CPAP) devices Market is expected to reach US$2,007.22 million by 2027from US$ 1,083.41 million in 2019. The market is estimated to grow with a CAGR of 8.1% from 2020 to 2027.
The growth of the market is driven by the factors such as, increasing prevalence of sleep apnea, respiratory disorders, rising number of geriatric population, and increasing prevalence of obesity. However, the market is likely to have negative impact due to high cost of CPAP machines and negative effect of device.such as its nearly impossible for the middle class to effort CPAP machine.
The continuous positive airway pressure (CPAP) is a treatment for obstructive apnea. CPAP device uses air pressure to keep the airways open, and it is typically used by patients who have breathing problems during sleep. The device helps people with apnea to breathe easily and frequently while sleeping. For instance, NXP technology manufactures CPAP machines for sleep apnea, which prevent muscles in the respiratory system from obstructing the airway. CPAP machines maintain constant airflow by continuously monitoring system pressure in conjunction with ventilator motor control speed regulation. According to the American Sleep Association (ASA), insomnia or sleeplessness is the most common sleep disorder with short term issues reported among 30% of adults and chronic insomnia among 10% of adults. The US is the most important revenue contributor due to the increased diagnosis of apnea among patients. According to the World Health Organization (WHO) report of 2016, more than 1.9 billion adults, above 18 years of age were overweight. Out of these over 650 million people were obese. The report also suggests that over 340 million children and adolescents aged between 5 and 19 years were overweight or obese in 2016. According to the American Sleep Association, 50 to 70 million US adults have a sleep disorder and in 2016 around 3.8% of the total adult populations in the US werediagnosed with chronic bronchitis. Moreover, the continuous positive airway pressure (CPAP) is currently the most widespread and effective therapy for sleep-breathing and respiratory disorders. According to the summary of Health Statistics National Health Interview Survey, in 2018, nine million people were diagnosed with chronic bronchitis in the US. Thus, increasing prevalence of sleep apnea and respiratory disorders is driving the North America continuous positive airway pressure (CPAP) devices market.
Strategic insights for the North America Continuous Positive Airway Pressure (CPAP) Devices provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 1,083.41 Million |
Market Size by 2027 | US$ 2,007.22 Million |
Global CAGR (2020 - 2027) | 8.1% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The geographic scope of the North America Continuous Positive Airway Pressure (CPAP) Devices refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
North AmericaContinuous Positive Airway Pressure (CPAP) Devices Market – Market Segmentation
Company Profiles
The List of Companies - North America Continuous Positive Airway Pressure (CPAP) Devices Market
The North America Continuous Positive Airway Pressure (CPAP) Devices Market is valued at US$ 1,083.41 Million in 2019, it is projected to reach US$ 2,007.22 Million by 2027.
As per our report North America Continuous Positive Airway Pressure (CPAP) Devices Market, the market size is valued at US$ 1,083.41 Million in 2019, projecting it to reach US$ 2,007.22 Million by 2027. This translates to a CAGR of approximately 8.1% during the forecast period.
The North America Continuous Positive Airway Pressure (CPAP) Devices Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Continuous Positive Airway Pressure (CPAP) Devices Market report:
The North America Continuous Positive Airway Pressure (CPAP) Devices Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Continuous Positive Airway Pressure (CPAP) Devices Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Continuous Positive Airway Pressure (CPAP) Devices Market value chain can benefit from the information contained in a comprehensive market report.