Continuous Positive Airway Pressure (CPAP) Interface Devices Market – Increasing prevalence of factures is expected to be the major driver for growth of the market, CPAP devices used in sleep apnea treatment.
Continuous Positive Airway Pressure (CPAP) Interface Devices Market – Increasing prevalence of factures is expected to be the major driver for growth of the market, CPAP devices used in sleep apnea treatment.
Continuous positive airway pressure (CPAP) is a therapy used to prevent the collapsing of airway. Components of a CPAP machine include a mask (acts as an interface and ensures the compressed air goes into the nose or mouth only), tube, and a ventilator (sends the mild air pressure to the mask through tubing). CPAP interface device is used in the treatment and management of various respiratory diseases such as obstructive sleep apnea. It is also used in neonates to inflate lungs.
Global Continuous Positive Airway Pressure (CPAP) Interface Devices Market: Drivers
Increasing product development and launch is expected to boost growth of the global continuous positive airway pressure (CPAP) interface devices market. For instance, in March 2019, Bleep, LLC introduced DreamPort Sleep Solution, a CPAP interface device that is used for the treatment of obstructive sleep apnea. The device is headgear free, lightweight, and easy to use. In April 2019, ResMed Inc. launched AirFit P30i, an interface device with a top of head type of nasal pillow used in CPAP machine for the treatment of sleep apnea. It has a soft pillow cushion and a spring fit frame for stability and is based on QuietAir technology, which reduces noise and disruption.
Moreover, increasing M&A activities is also expected to propel growth of the global continuous positive airway pressure (CPAP) interface devices market. For instance, in October 2017, Mergenet Solutions, Inc., a medical technology company, completed the acquisition of Innomed Technologies, Inc., a manufacturer of medical devices and Respcare, Inc., a manufacturer of respiratory products. The acquisitions involved CPAP masks and other interfaces.
On the basis of region, the global continuous positive airway pressure (CPAP) interface devices market is segmented into North America, Latin America, Middle East, and Africa. North America is expected to account for the largest market share in the global continuous positive airway pressure (CPAP) interface devices market over the forecast period. This is attributed to increasing awareness about sleep apnea through events, conferences, and exhibitions organized by government and private organizations. For instance, in January 2019, National Sleep Foundation organized an event, Sleep Show, in Houston, Texas to raise awareness about problems caused due to sleep apnea and medical management of sleep apnea. Major players such as Fisher & Paykel Healthcare Ltd., Respironics (Koninklijke Philips N.V.), and ResMed Inc. demonstrated their products in the exhibition.
Global Continuous Positive Airway Pressure (CPAP) Interface Devices Market: Restraints
However, presence of local manufacturers in the market that offer CPAP interface devices at cheap prices is expected to hinder the market growth to some extent. For instance, China Zhengzhou Olive Electronic Technology Co., Ltd., Ningbo Finer Medical Instruments Co., Ltd. and Sure Care Corporation are some local players in China that offer low cost CPAP interface devices.
Current and future of global Continuous Positive Airway Pressure (CPAP) Interface Devices Market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period.
The latest developments, market shares, and strategies that are employed by the major market players.
Global Continuous Positive Airway Pressure (CPAP) Interface Devices: Competitive Landscape
Major players operating in the global continuous positive airway pressure (CPAP) interface devices market include, Teleflex Inc., Circadiance, Invacare Inc., Salter Labs, Medin Medical Innovations GmbH, ResMed Inc., Fisher & Paykel Healthcare Ltd., Respironics (Koninklijke Philips N.V.), BMC Medical Co Ltd, and GE Healthcare
Global Continuous Positive Airway Pressure (CPAP) Interface Devices Market Taxonomy:
Continuous positive airway pressure (CPAP) is a therapy used to prevent the collapsing of airway. Components of a CPAP machine include a mask (acts as an interface and ensures the compressed air goes into the nose or mouth only), tube, and a ventilator (sends the mild air pressure to the mask through tubing). CPAP interface device is used in the treatment and management of various respiratory diseases such as obstructive sleep apnea. It is also used in neonates to inflate lungs.
Global Continuous Positive Airway Pressure (CPAP) Interface Devices Market: Drivers
Increasing product development and launch is expected to boost growth of the global continuous positive airway pressure (CPAP) interface devices market. For instance, in March 2019, Bleep, LLC introduced DreamPort Sleep Solution, a CPAP interface device that is used for the treatment of obstructive sleep apnea. The device is headgear free, lightweight, and easy to use. In April 2019, ResMed Inc. launched AirFit P30i, an interface device with a top of head type of nasal pillow used in CPAP machine for the treatment of sleep apnea. It has a soft pillow cushion and a spring fit frame for stability and is based on QuietAir technology, which reduces noise and disruption.
Moreover, increasing M&A activities is also expected to propel growth of the global continuous positive airway pressure (CPAP) interface devices market. For instance, in October 2017, Mergenet Solutions, Inc., a medical technology company, completed the acquisition of Innomed Technologies, Inc., a manufacturer of medical devices and Respcare, Inc., a manufacturer of respiratory products. The acquisitions involved CPAP masks and other interfaces.
On the basis of region, the global continuous positive airway pressure (CPAP) interface devices market is segmented into North America, Latin America, Middle East, and Africa. North America is expected to account for the largest market share in the global continuous positive airway pressure (CPAP) interface devices market over the forecast period. This is attributed to increasing awareness about sleep apnea through events, conferences, and exhibitions organized by government and private organizations. For instance, in January 2019, National Sleep Foundation organized an event, Sleep Show, in Houston, Texas to raise awareness about problems caused due to sleep apnea and medical management of sleep apnea. Major players such as Fisher & Paykel Healthcare Ltd., Respironics (Koninklijke Philips N.V.), and ResMed Inc. demonstrated their products in the exhibition.
Global Continuous Positive Airway Pressure (CPAP) Interface Devices Market: Restraints
However, presence of local manufacturers in the market that offer CPAP interface devices at cheap prices is expected to hinder the market growth to some extent. For instance, China Zhengzhou Olive Electronic Technology Co., Ltd., Ningbo Finer Medical Instruments Co., Ltd. and Sure Care Corporation are some local players in China that offer low cost CPAP interface devices.
Current and future of global Continuous Positive Airway Pressure (CPAP) Interface Devices Market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period.
The latest developments, market shares, and strategies that are employed by the major market players.
Global Continuous Positive Airway Pressure (CPAP) Interface Devices: Competitive Landscape
Major players operating in the global continuous positive airway pressure (CPAP) interface devices market include, Teleflex Inc., Circadiance, Invacare Inc., Salter Labs, Medin Medical Innovations GmbH, ResMed Inc., Fisher & Paykel Healthcare Ltd., Respironics (Koninklijke Philips N.V.), BMC Medical Co Ltd, and GE Healthcare
Global Continuous Positive Airway Pressure (CPAP) Interface Devices Market Taxonomy:
