Market Introduction
CPAP is utilized to manage sleep-related breathing disorders, such as sleep apnea. It also may be used to treat preterm infants who have underdeveloped lungs. CPAP, the acronym for continuous positive airway pressure therapy, is a therapy program for patients who have sleep apnea. Untreated obstructive sleep apnea can cause blood pressure to spike. This is particularly dangerous for patients who are already being treated for hypertension.
Market Overview and Dynamics
The South & Central America continuous positive airway pressure (CPAP) devices market is expected to reach US$ 410.05 million by 2027 from US$ 238.30 million in 2019. The market is expected to grow with a CAGR of 7.1% from 2020 to 2027. Factors that are driving the market growth are growing CPAP adherence along with the increasing prevalence of respiratory disorders and product launches and technological advancements in CPAP devices market. However, the no medical coverage for CPAP therapy and associated high cost is expected to restraint the growth of the market during the forecast years.
Key Market Segments
In terms of type, the automatic segment held the larger share of the CPAP devices market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period. In terms of the end user, the hospitals segment held the larger share of the market in 2019 and same segment is anticipated to register the highest CAGR in the market during the forecast period.
Major Sources and Companies Listed
Some of the major primary and secondary sources for continuous positive airway pressure (CPAP) devices Market included in the report are, National Center for Biotechnology Information (NCBI), World Health Organization (Who), and others.
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Continuous Positive Airway Pressure (CPAP) Devices Market –
By Type
By End User
- Hospital
- Emergency Health Departments
- South & Central America
- Brazil
- Argentina
- Rest of South & Central America
Company Profiles
- Koninklijke Philips N.V.
- Cardinal Health Inc
- Smith’s Group plc
- ResMed