Product Code: UMHE20185
Title:
Continuous Positive Airway Pressure CPAP Devices Market: Current Analysis and Forecast (2020-2026): Emphasis on Automation (Manual CPAP Devices, Automatic CPAP Devices); Component (CPAP Motors, CPAP Humidifier, CPAP Masks, CPAP Other Accessories); Application (Sleep Apnea, COPD, Others Diseases); End-User (Hospitals & Clinics, Home Care, Others (Sleep laboratories)) and Region and Country.
CPAP devices are majorly prescribed to the patients suffering from Obstructive Sleep Apnea (OSA). It is used to relieve the symptoms such as snoring by providing continuous air supply to the lungs. Among numerous advantages in sleep apnea patients, improved sleep quality and elimination of daytime sleepiness are also included. As the obesity rates are increasing the prevalence of sleep apnea will also be increased due to the direct relation of sleep apnea and BMI. More than half of people with OSA are either overweight or obese. Several types of CPAP devices are available in the market. These products can be automated or manual. Automated CPAP (also known as APAP) devices are designed to adjust the amount of pressure delivered on the breath by breath basis automatically. With the rising demand for a connected device, the demand of APAP will also increase. As CPAP data software enables patients and clinicians to analyze the sleep data by recording it. Motors, humidifiers, masks and accessories such as filters and hoses are the major components of CPAP devices. Earlier masks used to cover the entire face thus making it difficult for the patients. Currently, masks made are more comfortable and covers less area.
Based on the application, the market is segmented into sleep apnea, COPD and other diseases. Traditionally, sleep apnea is a disease that is majorly treated by CPAP devices. In 2019, Sleep apnea dominated the global CPAP device market, generating revenue of US$ 1,329.9 million in 2019. However, it is also used in patients suffering from bronchitis and neonates that have not developed their lungs properly. COPD is another disease that is treated by the equipment as it causes breathlessness (initially with exertion) and predisposes to exacerbations and serious illness. As the home care culture is on the rise the CPAP can be easily used by the patients in the home setting. Elder population suffers greatly from this disease. A trend has been observed showing that the elderly prefer to be treated in-home care settings as compared to the hospitals. Sleep laboratories also deploy the CPAP along with hospitals and clinics. Neonatal Intensive Care Unit (NICU) uses CPAP for providing air through the nose. In premature babies, CPAP is delivered through a set of nasal prongs or through a small mask that fits snugly over a baby's nose.
For a deep-dive analysis of the CPAP device, detailed regional-level analysis of North America (the U.S and Canada), Europe (Germany, France, Spain, Italy, and United Kingdom), Asia-Pacific (China, Japan, India, and Australia) and rest of the world has been conducted. North America generated revenue of US$ 909.5 million in 2019. However, Asia-Pacific is expected to witness the highest CAGR growth of 9.9% during the forecast period 2020-2026. 3B Medical, Inc., Philips Respironics, Nidek Medical, ResMed, Fisher and Paykel Healthcare, Teijin Pharma Limited, Drive Medical, Fosun Pharma, Koike Medical and BMC Medical. Several M&A's along with partnerships have been undertaken by these players to facilitate costumers with more efficient and innovative products.
Global Continuous Positive Airway Pressure (CPAP) device market stood at US$ 2,475.2 million in 2019. Owing to the COVID-19 outbreak demand for CPAP devices globally has increased. In 2020, the global market for Continuous Positive Airway Pressure (CPAP) device is expected to reach US$ 4,151.2 million. The market, however, in 2021 is expected to return to normal and would witness a CAGR growth of 8.62% during the 2021-2026 period.
TABLE OF CONTENTS
1. MARKET INTRODUCTION 15
- 1.1 Market Definition 15
- 1.2 Objective of the Study 15
- 1.3 Limitation 15
- 1.4 Stakeholders 16
- 1.5 Currency used in the Report 16
- 1.6 Scope of the Global CPAP Device Market Study 16
2. RESEARCH METHODOLOGY OR ASSUMPTION 17
- 2.1 Research Methodology for the Global CPAP device Market Study 17
- 2.1.1 Main objective of the Global CPAP device Market Study 18
3. INDUSTRY PERFORMANCE 19
4. EXECUTIVE SUMMARY 21
5. REGULATORY FRAMEWORK OF CPAP DEVICES 23
- 5.1 United States 23
- 5.2 Canada 24
6. MARKET OVERVIEW 26
- 6.1 Introduction 26
- 6.1.1 Market Trend & Drivers 26
- 6.1.1.1 Rising Prevalence of Sleeping Disorders 26
- 6.1.1.2 Greater Incidence of Sleep Apnea in Elderly Population 26
- 6.1.1.3 Increasing Demand for CPAP-therapy 27
- 6.1.1.4 Increasing Sales through E-Commerce 28
- 6.1.2 Market Restraints 29
- 6.1.2.1 High Cost of Device and Maintenance 29
- 6.1.2.2 Poor Adherence to CPAP 29
- 6.1.3 Market Trend 29
- 6.1.3.1 Rising Demand for Home Care 29
- 6.1.3.2 Infrastructural Advancements in the Medical and Healthcare Industry 30
7. CPAP USAGE IN THE COVID-19 TREATMENT 32
- 7.1 Approval of Usage of CPAP as COVID-19 Treatment 32
- 7.2 Managing the Demand during COVID-19 32
8. DEMAND AND SUPPLY SIDE ANALYSIS 34
- 8.1 Demand Side Analysis 34
- 8.2 Supply Side Analysis 35
- 8.2.1 Top Product Launches 35
- 8.2.2 Top Partnerships 37
- 8.2.3 Top Mergers & Acquisitions 38
- 8.2.4 Top Business Expansions, Investment and Divestitures 39
9. CPAP DEVICE MARKET VALUE CHAIN 40
- 9.1 Key-Value Chain Analysis 40
10. MARKET INSIGHTS BY AUTOMATION 41
- 10.1 General Overview 41
- 10.1.1 Manual CPAP Devices 42
- 10.1.2 Automatic CPAP Devices 43
11. MARKET INSIGHTS BY COMPONENT 44
- 11.1 General Overview 44
- 11.1.1 CPAP Motors 45
- 11.1.2 CPAP Humidifier 46
- 11.1.3 CPAP Masks 47
- 11.1.4 CPAP Other Accessories 48
12. MARKET INSIGHTS BY APPLICATION 50
- 12.1 General Overview 50
- 12.1.1 Sleep Apnea 51
- 12.1.2 COPD 52
- 12.1.3 Others Diseases 53
13. MARKET INSIGHTS BY END-USER 55
- 13.1 General Overview 55
- 13.1.1 Hospitals & Clinics 56
- 13.1.2 Home Care 56
- 13.1.3 Others (Sleep laboratories) 58
14. MARKET INSIGHTS BY REGION 59
- 14.1 General Overview 59
- 14.1.1 North America CPAP Device Market 61
- 14.1.1.1 United States CPAP Device Market 64
- 14.1.1.1.1 Current US population is 331 million people 65
- 14.1.1.2 Canada CPAP Device Market 67
- 14.1.1.3 Rest of North America CPAP Device Market 71
- 14.1.2 Europe CPAP Device Market 74
- 14.1.2.1 Germany CPAP Device Market 78
- 14.1.2.2 Russia CPAP Device Market 81
- 14.1.2.3 Spain CPAP Device Market 83
- 14.1.2.4 France CPAP Device Market 86
- 14.1.2.5 United Kingdom CPAP Device Market 89
- 14.1.2.6 Rest of Europe CPAP Device Market 92
- 14.1.3 Asia-Pacific CPAP Device Market 94
- 14.1.3.1 Japan CPAP Device Market 97
- 14.1.3.2 China CPAP Device Market 100
- 14.1.3.3 India CPAP Device Market 103
- 14.1.3.4 Australia CPAP Device Market 106
- 14.1.3.5 Rest of APAC CPAP Device Market 109
- 14.1.4 Rest of World CPAP Device Market 112
15. COMPETITIVE SCENARIO 115
- 15.1 Competitive Landscape 115
- 15.1.1 Market Share of Key Players in CPAP Device Market, 2019 115
16. TOP COMPANY PROFILES 116
- 16.1 3B Medical, Inc. 116
- 16.1.1 Key Facts 116
- 16.1.2 Business Description 116
- 16.1.3 Key Product/Services Offerings 117
- 16.1.4 Growth Strategy 117
- 16.1.5 SWOT Analysis 118
- 16.1.6 Recent Developments 118
- 16.1.6.1 Product Launches 118
- 16.1.6.2 Partnerships 119
- 16.1.6.3 Business Expansions and Investment 119
- 16.1.6.4 Mergers and Acquisitions 119
- 16.2 Philips Respironics 120
- 16.2.1 Key Facts 120
- 16.2.2 Business Description 120
- 16.2.3 Key Product/Services Offerings 120
- 16.2.4 Growth Strategy 120
- 16.2.5 SWOT Analysis 121
- 16.2.6 Key Financials 122
- 16.2.6.1 Revenue Split, by Region and Segment 123
- 16.2.7 Recent Developments 124
- 16.2.7.1 Product Launch 124
- 16.2.7.2 Partnerships 124
- 16.3 Nidek medical 125
- 16.3.1 Key Facts 125
- 16.3.2 Business Description 125
- 16.3.3 Key Product/Services Offerings 125
- 16.3.4 Growth Strategy 125
- 16.3.5 SWOT Analysis 126
- 16.4 ResMed 127
- 16.4.1 Key Facts 127
- 16.4.2 Business Description 127
- 16.4.3 Key Product/Services Offerings 128
- 16.4.4 Growth Strategy 128
- 16.4.5 SWOT Analysis 129
- 16.4.6 Key Financials 130
- 16.4.6.1 Revenue Split, by Region and Segment 131
- 16.4.7 Recent Developments 131
- 16.4.7.1 Product Launches 131
- 16.4.7.2 Partnerships 132
- 16.4.7.3 Mergers and Acquisitions 132
- 16.5 Fisher and Paykel Healthcare 133
- 16.5.1 Key Facts 133
- 16.5.2 Business Description 133
- 16.5.3 Key Product/Services Offerings 134
- 16.5.4 Growth Strategy 134
- 16.5.5 SWOT Analysis 135
- 16.5.6 Key Financials 136
- 16.5.6.1 Revenue Split, by Region and Segment 137
- 16.5.7 Recent Developments 137
- 16.5.7.1 Product Launch 137
- 16.5.7.2 Partnerships 138
- 16.6 Teijin Pharma Limited 139
- 16.6.1 Key Facts 139
- 16.6.2 Business Description 139
- 16.6.3 Key Product/Services Offerings 139
- 16.6.4 Growth Strategy 139
- 16.6.5 SWOT Analysis 140
- 16.6.6 Key Financials 141
- 16.6.6.1 Revenue Split, by Region and Segment 142
- 16.6.7 Recent Developments 143
- 16.6.7.1 Partnerships 143
- 16.6.7.2 Mergers and Acquisitions 143
- 16.7 Drive DeVilbiss Healthcare 144
- 16.7.1 Key Facts 144
- 16.7.2 Business Description 144
- 16.7.3 Key Product/Services Offerings 144
- 16.7.4 Growth Strategy 145
- 16.7.5 SWOT Analysis 146
- 16.7.6 Recent Developments 147
- 16.7.6.1 Product Launch 147
- 16.7.6.2 Partnerships 147
- 16.8 Koike Medical 148
- 16.8.1 Key Facts 148
- 16.8.2 Business Description 148
- 16.8.3 Key Product/Services Offerings 149
- 16.8.4 Growth Strategy 150
- 16.8.5 SWOT Analysis 151
- 16.9 BMC Medical Co., Ltd. 152
- 16.9.1 Key Facts 152
- 16.9.2 Business Description 152
- 16.9.3 Key Product/Services Offerings 152
- 16.9.4 Growth Strategy 152
- 16.9.5 SWOT Analysis 153
- 16.9.6 Recent Developments 154
- 16.9.6.1 Business Expansions and Investment 154
- 16.10 Fosun Pharma 155
- 16.10.1 Key Facts 155
- 16.10.2 Business Description 156
- 16.10.3 Key Product/Services Offerings 156
- 16.10.4 Growth Strategy 157
- 16.10.5 SWOT Analysis 158
- 16.10.6 Key Financials 159
- 16.10.6.1 Revenue Split, by Region and Segment 160
- 16.10.7 Recent Developments 161
- 16.10.7.1 Business Expansions and Investment 161
- 16.10.7.2 Mergers and Acquisitions 161