We are developing a micro-CPAP device that has no hoses, no cords, and no mask. We did it because too many people have sleep apnea, and too many of those don’t wear their CPAP masks (80% of CPAP users stop using it within one year). Airing intends to change that with a revolutionary design that will work as well as any other CPAP machine, and patients won't have to deal with cumbersome, uncomfortable masks.
100 million people worldwide--40 million of them in the US alone, suffer from sleep apnea creating a worldwide CPAP market that exceeds $6 Billion.
This largely untapped market (only 20% of OSA sufferers have been diagnosed) is predicted to grow at a CAGR of 17% through 2020. Market growth is also fueled by increased awareness of OSA by patients and caregivers; technical advancements in diagnostics and treatments; growing OSA population due to rise in obesity and aging population; and more government initiatives.
Another factor that is likely to fuel market growth is the healthcare cost burden of undiagnosed OSA. A recent report published by Frost& Sullivan determined that the annual cost of undiagnosed OSA is $149 billion.
$1,630,000 raised on Indiegogo from over 17,650 backersOctober, 2016
$100,000 Indiegogo goal was reached within 2 hoursJune, 2015
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