Continuous positive airway pressure (CPAP) is a therapy given to a person to prevent the collapsing of airway. A CPAP machine usually comprises of a mask, tube, and a ventilator. The ventilator sends the mild air pressure to the mask through tubing. The mask acts as an interface and ensures the compressed air goes into the nose or mouth only. It is most commonly used in people with obstructive sleep apnea and also used for other breathing difficulties. It is also used in neonates where in the CPAP machine helps the baby to inflate its lungs.
Global Continuous Positive Airway Pressure (CPAP) Interface Devices Market Drivers
Key players in the market are focused on introducing new products in the market, which is expected to accelerate the global continuous positive airway pressure (CPAP) interface devices market growth. For instance, in March 2019, Bleep, LLC, introduced DreamPort Sleep Solution, a continuous positive airway pressure (CPAP) interface device. This dreamport sleep solution is a device used for the treatment of obstructive sleep apnea. It is headgear free, lightweight, and easy to use.
Furthermore, in April 2019, ResMed Inc. launched a product, AirFit P30i, an interface device for continuous positive airway pressure (CPAP). It’s a top of head type of nasal pillow used in continuous positive airway pressure (CPAP) machine for treating sleep apnea. It is based on QuietAir technology, which reduces noise and disruption. It has soft pillow cushion and a spring fit frame, which offers stability. Hence, such product launches are expected to drive global continuous positive airway pressure (CPAP) interface devices market growth.
Furthermore, key players are adopting growth strategies such collaborations, partnerships, and mergers and acquisitions, which is expected to boost the global continuous positive airway pressure (CPAP) interface devices market growth. For instance, in October 2017, Mergenet Solutions, Inc., a medical technology company acquired Innomed Technologies, Inc., manufacturer of medical devices and Respcare, Inc., manufacturer of respiratory products, for expansion of product portfolio. This acquisition includes products of CPAP masks and other interfaces. Hence, such acquisitions are expected to impel the global continuous positive airway pressure (CPAP) interface devices market growth.
Global Continuous Positive Airway Pressure (CPAP) Interface Devices Market Regional Analysis
North America is expected to hold dominant position in global continuous positive airway pressure (CPAP) interface devices market. Events, conferences, and exhibitions related to raise awareness about sleep apnea organized by government and other organizations is expected to fuel global continuous positive airway pressure (CPAP) market growth. For instance, in January 2019, National Sleep Foundation organized an event, Sleep Show held in Houston, Texas to raise awareness about problems caused due to sleep apnea and medical management of sleep apnea. Key players like Fisher & Paykel Healthcare Ltd., Respironics (Koninklijke Philips N.V.) and ResMed Inc. showcased their products in the exhibition. Such exhibitions raise awareness about the continuous positive airway pressure (CPAP) interface devices, thereby accelerating the global continuous positive airway pressure (CPAP) interface devices market growth.
Global Continuous Positive Airway Pressure (CPAP) Interface Devices Market Restraints
Presence of local manufacturers in market who provide continuous positive airway pressure (CPAP) interface devices at cheap prices affects growth of the market up to certain extent as it affects the share of major players in market and hinder the overall market value.
For instance, China Zhengzhou Olive Electronic Technology Co., Ltd., Ningbo Finer Medical Instruments Co., Ltd. and Sure Care Corporation are some local Chinese players, which provide CPAP interface devices at very low cost.
Global Continuous Positive Airway Pressure (CPAP) Interface Devices Market Key Players
Some of the major players operating in the global continuous positive airway pressure (CPAP) interface devices market include, Salter Labs, medin Medical Innovations GmbH, Teleflex Inc., Circadiance, Invacare Inc., ResMed Inc., Fisher & Paykel Healthcare Ltd., Respironics (Koninklijke Philips N.V.), BMC Medical Co Ltd, and GE Healthcare
Global Continuous Positive Airway Pressure (CPAP) Interface Devices Market Taxonomy:
By Device Type
By End User
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