North America Positive Airway Pressure (PAP) Devices Market Report (2021-2031) by Scope, Segmentation, Dynamics, and Competitive Analysis

The North America positive airway pressure (PAP) devices market size is expected to reach US$ 4,296.97 million by 2031 from US$ 2,488.80 million in 2023. The market is estimated to record a CAGR of 7.1% from 2023 to 2031.

Executive Summary and North America Positive Airway Pressure (PAP) Devices Market Analysis:

The availability and accessibility of favorable medical insurances that cover PAP therapy, a rise in government initiatives to encourage healthcare providers, and the growing prevalence of obstructive sleep apnea are among the major factors propelling the growth of the PAP devices market. In addition, technological advancements in PAP devices across the North American countries favor the market growth in region.

North America Positive Airway Pressure (PAP) Devices Market Strategic Insights

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North America Positive Airway Pressure (PAP) Devices Market Segmentation Analysis

Key segments that contributed to the derivation of the North America positive airway pressure (PAP) devices market analysis are product type, application, and end user.

• Based on product type, the North America positive airway pressure (PAP) devices market is segmented into automatic positive airway pressure (APAP) devices, continuous positive airway pressure (CPAP) devices, and bilevel positive airway pressure (BiPAP) devices. The continuous positive airway pressure (CPAP) devices held the largest share of the market in 2023.
• Based on application, the North America positive airway pressure (PAP) devices market is segmented into chronic obstructive pulmonary disease (COPD), obstructive sleep apnea, and respiratory distress. The obstructive sleep apnea held the largest share of the market in 2023.
• Based on end user, the North America positive airway pressure (PAP) devices market is segmented into hospitals, ambulatory surgical centers, home care, and rehabilitation centers. The hospitals held the largest share of the market in 2023.

North America Positive Airway Pressure (PAP) Devices Market Outlook

In the last few years, the pharmaceuticals industry has witnessed rapid growth in outsourcing services, driven by many factors such Patients largely prefer availing treatment in the convenience and comfort of their homes over clinical settings. PAP devices work well in home-care settings to treat sleep apnea and other respiratory disorders, which relieves the burden on healthcare facilities and promotes consistent use of PAP devices. Sleep apnea and many other respiratory disorders require long-term therapy. By providing long-term, at-home solutions, PAP devices promote cost-effectiveness.

The shift toward home healthcare directly drives the sales of PAP devices designed for home use. Thus, manufacturers focus on producing user-friendly, portable, and efficient devices for this expanding market. For example, ResMed manufactured the AirMini Portable CPAP used in home care. It influences the market by pushing innovation, creating the need for home-use devices, and improving access to respiratory care in developed and developing nations. As healthcare systems are increasingly prioritizing home-based treatment options, this inclination is predicted to continue.

North America Positive Airway Pressure (PAP) Devices Market Country Insights

Based on country, the North America positive airway pressure (PAP) devices market comprises the US, Canada, and Mexico. The US held the largest share in 2023.

The US is the largest PAP devices market in the world and is estimated to dominate the global market during the forecast period. The PAP devices market growth in the US is driven by the availability of advanced healthcare infrastructure, an increase in the number of sleep apnea disorders, and innovative product introduced by key players operating in the market. Several innovative products are being introduced in the market by the key players to treat sleep apnea. For instance, ResMed offers a wide range of devices for sleep apnea, such as AirMini, AirSense 10 CPAP, and AirSense 10 Elite. The company also sponsors various studies for the treatment of sleep apnea.

Further, the PAP devices market in the US is anticipated to grow during the forecast period owing to the rising approval of technologically advanced products in the market. For instance, in April 2024, researchers at the University of Cincinnati developed a new solution and technology called VortexPAP. It uses a different type of airflow and offers various fits for the device.

North America Positive Airway Pressure (PAP) Devices Market Report Highlights

North America Positive Airway Pressure (PAP) Devices Market Company Profiles

Some of the key players operating in the market include ICU Medical Inc; React Health (Formerly 3B Medical, Inc); Fisher & Paykel Healthcare Corp Ltd; BPL Medical Technologies Pvt Ltd; Koninklijke Philips NV; Dragerwerk AG & Co KGaA; ResMed Inc; Vyaire Medical Inc; Wellell Inc; Armstrong Medical Ltd; Löwenstein Medical UK Ltd.; BMC Medical Co Ltd; and Narang Medical Limited. among others. These players are adopting various strategies such as expansion, product innovation, and mergers and acquisitions to provide innovative products to their consumers and increase their market share.

North America Positive Airway Pressure (PAP) Devices Market Research Methodology :

The following methodology has been followed for the collection and analysis of data presented in this report:

• Secondary Research

The research process begins with comprehensive secondary research, utilizing both internal and external sources to gather qualitative and quantitative data for each market. Commonly referenced secondary research sources include, but are not limited to:

• Company websites, annual reports, financial statements, broker analyses, and investor presentations.
• Industry trade journals and other relevant publications.
• Government documents, statistical databases, and market reports.
• News articles, press releases, and webcasts specific to companies operating in the market.

Note: All financial data included in the Company Profiles section has been standardized to USD. For companies reporting in other currencies, figures have been converted to USD using the relevant exchange rates for the corresponding year.

• Primary Research

The insight Partners conducts a significant number of primary interviews each year with industry stakeholders and experts to validate its data analysis and gain valuable insights. These research interviews are designed to:

• Validate and refine findings from secondary research.
• Enhance the expertise and market understanding of the analysis team.
• Gain insights into market size, trends, growth patterns, competitive dynamics, and future prospects.

Primary research is conducted via email interactions and telephone interviews, encompassing various markets, categories, segments, and sub-segments across different regions. Participants typically include:

• Industry stakeholders: Vice Presidents, business development managers, market intelligence managers, and national sales managers
• External experts: Valuation specialists, research analysts, and key opinion leaders with industry-specific expertise

North America Positive Airway Pressure (PAP) Devices Market Country and Regional Insights