1. Yes, we should regulate manufacturers intensely.
2. No, we shouldn't regulate to whom companies should be allowed to sell them. The defaults are good enough for most. Provide an easy to use control for max pressure and people will figure it out. Perhaps a knob?
I claim: During the past decade, the risk of being maltreated by a personally set-up CPAP unit has been far, far smaller than the risk of not being treated at all. (Ways to access these menus have been been shared online for 10+ years, many use them.)
I wonder how many premature deaths happen every year because of this - including secondary victims from traffic accidents.
These things should be $500 mass-market consumer units that you pick up at Target, Walmart, etc.