ALBANY, N.Y., Sept. 23, 2020
- Constant investments by medical device manufacturers on meeting the patient needs of COPD and sleep apnea drive prospects in North America PAP devices market, with the region accounts for a prominent share in 2018
- Bilevel Positive Airway Pressure (BiPAP) and Continuous PAP are highly lucrative segments and are witnessing constant product advancements
ALBANY, N.Y., Sept. 23, 2020 /PRNewswire/ -- Transparency Market Research, New York: Long-term economic and health consequences of untreated obstructive sleep apnea (OSA) have been driving strides in the positive airway pressure devices market. Rise in rate of diagnosis of sleep apnea especially in developing economies has helped drive revenue potential of the PAP devices market. High prevalence in such countries is a key factor shaping the growth dynamics.
The global positive airway pressure (PAP) devices market stood at US$ 1.56 Bn in 2018 and is projected to a CAGR of 7.8% from 2019 to 2027.
The Asia Pacific PAP devices market is expected to clock CAGR of 8.3% from 2019 to 2027. BiPAP is a highly lucrative segment, find analysts at TMR.
Request for Analysis of COVID-19 Impact on Positive Airway Pressure Devices Market – https://www.transparencymarketresearch.com/covid19.php
Key Findings of Positive Airway Pressure (PAP) Devices Market Report
Explore 223 pages of top-notch research, incisive insights, and detailed country-level projections on Positive Airway Pressure Devices Market (Product - CPAP, BiPAP, APAP; Application - Sleep Apnea, COPD; End user - Hospitals and Sleep Labs, Home Care Settings) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 – 2027 at https://www.transparencymarketresearch.com/report-toc/16337
Positive Airway Pressure (PAP) Devices Market: Key Driving Factors and Promising Avenues
Request Brochure of Positive Airway Pressure Devices Market Report - https://www.transparencymarketresearch.com/brochure.php
Positive Airway Pressure (PAP) Devices Market: Competitive Landscape
Technological advances have been made in PAP devices market. The growing efforts to make PAP devices portable and of high performance has brought innovations in the market. An example is the advent of portable neonatal CPAP device. Such product advances have come to occupy a key positon in the competitive dynamics. Mergers and acquisitions between companies of similar competencies to this end.
The PAP devices market is expected to see incessant focus of top players to meet the unmet medical need in patient populations. They are leaning on developing easy-to-use and effective devices.
Purchase Positive Airway Pressure Devices Market Report - https://www.transparencymarketresearch.com/checkout.php
Some of the well-entrenched players in the PAP devices market are Lowenstein Medical, Drive DeVilbiss Healthcare LLC, 3B Medical Inc., Philips Healthcare, Fisher & Paykel Healthcare Limited, and ResMed Inc.
Positive Airway Pressure (PAP) Devices Market: Regional Assessment
Marked prevalence of sleep apnea has made Asia Pacific a lucrative regional market. The regional market is expected to clock CAGR of 8.3% from 2019 to 2027. The presence of large patient population in China and India is bolstering the demand. The revenue potential is driven by the presence of large elderly population.
Browse More Press Release - https://www.transparencymarketresearch.com/press-releases.htm
The Positive Airway Pressure (PAP) Devices Market is segmented based on:
Explore Transparency Market Research's award-winning coverage of the global Healthcare Industry:
Orthopedic Devices Market: According to the report, the global orthopedic devices market was valued at US$ 46.2 Bn in 2018 and is anticipated to expand at a CAGR of 4.3% from 2019 to 2027, rise in percentage of population requiring orthopedic devices, increase in incidence rates of injuries related to accidents, sports, and adventure, surge in adoption of technologically advanced products are projected to drive the market
Laparoscopy Devices Market: According to the report, the global laparoscopy devices market was valued at US$ 5.3 Bn in 2019. It is projected to expand at a CAGR of ~7% from 2020 to 2030, increase in incidence of target conditions for laparoscopic surgery is anticipated to drive the global market in the near future
Surgical Retractors Market: The global surgical retractors market is expected to expand at a CAGR of ~5% during the forecast period. The market growth is largely driven by research & development activities, technological advancements in the manufacturing techniques, entry of new metals and materials, expanding healthcare ecosystem worldwide, and rise in the number of invasive as well as minimally invasive surgeries worldwide
Browse Our Latest Reports - https://www.transparencymarketresearch.com/latest.htm
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision."
Browse More Upcoming Reports by Transparency Market Research: https://www.transparencymarketresearch.com/upcoming.htm
Mr. Rohit Bhisey
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/positive-airway-pressure-devices-market.htm