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.
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.
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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.
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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
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