DUBLIN, November 7, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Positive Airway Pressure Devices Market 2016-2020" report to their offering.
The global positive airway pressure devices market to grow at a CAGR of 8.02% during the period 2016-2020. Global Positive Airway Pressure Devices Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market. Home care PAP devices are suitable for people with moderate to severe apnea. They are considered less obtrusive as they are employed in the familiar home setting of users. In addition, these devices are more in demand by people who are home-bound, aged, have chronic illnesses, and require specialized care. Also, home sleep tests are more cost-effective than lab sleep study. Therefore, this emerging trend is expected to have a positive effect on the growth of the market. According to the report, prevalence of sleep apnea will be a key driver for market growth. In 2014, it was estimated that sleep apnea affected over 350 million people worldwide, of which 80% were undiagnosed. Sleep apnea affects both adults and children. According to a research in 2014, around 26% of adults aged between 30 to 70 years have sleep apnea symptoms, and 16% and 10% of people across the world have mild and severe sleep apnea, respectively. Sleep apnea occurs more in men than in women (4% in men and 2% in women). Sleep apnea increases with age, and over 50% of adults 65 years and above have some form of chronic sleep-related complaints. There is also a rising incidence of sleep apnea in comorbidities globally.