Global CPAP Devices Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global CPAP Devices Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

CPAP is the most common treatment for individuals diagnoses with obstructive sleep apnea (OSA). It works by pushing regular air through a flexible tube that attaches to the face. Usually air is delivered through a CPAP mask that is secure to the face over the nose or mouth.

Market Overview:

The latest research study on the global CPAP Devices market finds that the global CPAP Devices market reached a value of USD 3364.08 million in 2022. It’s expected that the market will achieve USD 5241.19 million by 2028, exhibiting a CAGR of 7.67% during the forecast period.

Inappropriate speculation

In general, CPAP is purchased through the recommendation of the attending physician, and most people speculate that they do not need to go to the hospital for treatment, reducing the chance of purchase.

Big size

Unlike ordinary portable devices, CPAP is relatively large in size, which greatly reduces people's desire to purchase. Due to performance limitations, there is currently no small CPAP.

Medical device control

The entry of medical equipment into the market is often a problem that needs to be screened by government agencies, and this is a long process.

Environmental pollution

With the development of social economy, environmental pollution has become more and more serious, especially in developing countries, which has led to an increase in the number of people with respiratory diseases, which will stimulate the development of such medical equipment.

Change of mind

Modern people pay more attention to sleep than ever before, but they can't get enough sleep due to various reasons such as work, which will cause them anxiety.

Region Overview:

Geographically, North America held the largest market share – 42.94% in 2022.

Company Overview:

Koninklijke Philips N.V. is one of the major players operating in the CPAP Devices market, holding a share of 18.61% in 2023.

Koninklijke Philips N.V.

Royal Philips is a leading health technology company dedicated to improving people's health and improving medical outcomes throughout the entire health care process from healthy lifestyle and disease prevention to diagnosis, treatment and home care.

ResMed

ResMed Inc. develops, manufactures, and markets medical equipment for the treatment of sleep disordered breathing. The Company sells diagnostic and treatment devices in various countries through its subsidiaries and independent distributors.

Segmentation Overview:

As for product types, the Standard CPAP segment held the largest market share in 2022.

Standard CPAP

Standard CPAP therapy, which provides a positive pressure, requires a manual CPAP titration pressure by using a polysomnographic test overnight for the patient.

Auto-Adjusting CPAP Machines

The Auto-CPAP ventilator automatically performs pressure titration to determine the positive airway pressure required by the patient based on obstruction and asphyxia during sleep. Compared with CPAP, auto-CPAP can significantly improve the comfort of patients with sleep-breathing ventilation, while greatly monitoring and facilitating patient treatment.

Application Overview:

By application, the Residential segment occupied the biggest share from 2018 to 2022.

Key Companies in the global CPAP Devices market covered in Chapter 3:

Fisher & Paykel Healthcare
Koninklijke Philips N.V.
DeVilbiss Healthcare
3B Medical, Inc.
ResMed
Teva Pharmaceutical Industries
Koike Medical
Somnetics International, Inc.
Cardinal Health
Apex Medical Corp
Vega Technologies Inc.
BMC Medical Co., Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the CPAP Devices market from 2018 to 2029 is primarily split into:

Standard CPAP
Auto-Adjusting CPAP Machines

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the CPAP Devices market from 2018 to 2029 covers:

Hospital
Clinic
Residential
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)