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Press release content from Business Wire. The AP news staff was not involved in its creation.

Outlook on the Positive Airway Pressure Devices Global Market to 2026 - by Product Type, End-user and Region - ResearchAndMarkets.com

October 7, 2021 GMT

DUBLIN--(BUSINESS WIRE)--Oct 7, 2021--

The “Positive Airway Pressure Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.

The global positive airway pressure devices market grew at a CAGR of around 8% during 2015-2020. Looking forward, the market is expected to exhibit moderate growth during 2021-2026.

Companies Mentioned

  • 3B Medical Inc.
  • Apex Medical Corp.
  • Compumedics Limited (D & DJ Burton Holdings Pty Ltd.)
  • Drive Devilbiss Healthcare (Drive International LLC)
  • Fisher & Paykel Healthcare Limited
  • Koninklijke Philips N.V.
  • Resmed Inc.
  • Smiths Group PLC
  • Somnetics International Inc.
  • Vyaire Medical Inc.

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Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Positive airway pressure (PAP) therapy is widely used in the treatment of obstructive sleep apnea (OSA) and snoring. It is also utilized in respiratory ventilation to improve the oxygenation of patients in intensive care units (ICUs). PAP devices include straps to position the mask, a hose or tube to connect the mask to a motor and an air filter to purify the air entering the nostrils. Nowadays, automatic PAP devices that rely on proprietary algorithms to adjust the pressure delivered noninvasively are gaining traction worldwide to treat OSA at home.

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The growing prevalence of hypertension, depression, diabetes and heart disorders is increasing the risk of developing OSA among individuals. This, in confluence with the availability of favorable reimbursement policies, represents one of the key factors escalating the demand for PAP devices across the globe. Apart from this, the introduction of portable, travel-friendly PAP devices is also bolstering the growth of the market. Furthermore, the leading manufacturers are developing and introducing compact and convenient product variants with improved noise reduction features. They are also providing discount offers on various products available through online retail channels. Moreover, various studies conducted by healthcare institutes are suggesting that continuous PAP devices can treat type 1 respiratory failure in patients diagnosed with the coronavirus disease (COVID-19). This, along with a shortage in the supply of mechanical ventilators, is anticipated to influence the market positively.

Key Topics Covered:

1 Preface

2 Scope and Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Positive Airway Pressure Devices Market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakup by Product Type

7 Market Breakup by End-user

8 Market Breakup by Region

9 SWOT Analysis

10 Value Chain Analysis

11 Porters Five Forces Analysis

12 Price Analysis

13 Competitive Landscape

13.1 Market Structure

13.2 Key Players

13.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/bliyic

View source version on businesswire.com:https://www.businesswire.com/news/home/20211007005746/en/

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KEYWORD:

INDUSTRY KEYWORD: GENERAL HEALTH HEALTH MEDICAL DEVICES

SOURCE: Research and Markets

Copyright Business Wire 2021.

PUB: 10/07/2021 10:48 AM/DISC: 10/07/2021 10:48 AM

http://www.businesswire.com/news/home/20211007005746/en