Anti-snoring Devices Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2019 - 2029
Snoring is one of the most prevalent disorder across the globe. According to the American Sleep Apnea Association over 22 Mn suffer from mild to severe sleep apnea in the U.S. Treatment of snoring involves the use of anti-snoring devices or surgical treatment based on the severity of the disorder. Rising awareness about sleep disorders is favoring the increasing adoption of anti-snoring devices such as nasal device and mandibular advancement devices (MAD), which will propel the growth of the anti-snoring devices market. The past decade has witnessed a rise in number of anti-snoring product launches. Advancements such as development of injection snoreplasty and associated products will support the growth of the anti-snoring devices market. .
Anti-snoring devices market: Drivers and Restraint
Rising prevalence of sleep disorders such as sleep apnea is expected to be the primary driving factor for the growth of anti-snoring devices market. Rise in awareness is a key factor that will increase the adoption of anti-snoring devices. Rapid advancements in technology will also support the growth of the market. The minimally invasive nature of these devices offer significant adoption opportunities and growth of the market.
Lack of awareness in many countries regarding snoring and its solutions may restrict the growth of the anti-snoring devices market. Recent trends indicate a shift towards personalized medicine, the anti-snoring device market is also witnessing similar shift in technology. However, high cost of the custom made devices such as chin strips and vestibular shield may restrict the growth of the anti-snoring device market.
Anti-snoring devices Market: Segmentation
The anti-snoring devices market is classified on the basis of product type, by type of snoring disorder, end user and geographic region.
By Type of Snoring Disorder:
Anti-snoring Devices market: Overview
Nasal dilators, mouth guards and MAD devices are the most common types of devices preferred by patients due to the low cost of products. Such products are also available over the counter thus not requiring a prescription. However, sever snoring conditions require patients to use more advanced products such as CPAP-Therapy Products and EPAP-Therapy Products. Choice of products predominantly depends on the type of snoring disorder. Home care settings is expected to witness the maximum adoption of anti-snoring devices.
Anti-snoring Devices market: Region-wise Outlook
North America is expected to lead the global anti-snoring devices market due to high awareness regarding sleep disorders, increasing number of sleep clinics, rise in diagnosis and treatment of snoring. Europe market for anti-snoring devices is expected to be the second most lucrative market owing to the advancement in technology and increasing prevalence of sleep apnea. Asia Pacific market for anti-snoring devices is expected to grow at a rapid pace, primarily due to the increasing patient pool and slow increase in awareness about snoring solutions.
Anti-snoring Devices market: Key Players
The anti-snoring devices market is a highly fragmented market that includes a number of small players. Some of the key Players for anti-snoring devices market include Ortho Organizers, Inc., Advanced Brain Monitoring, Inc., Oscimed SA, ImThera Medical, Medtronic plc, Philips Healthcare, Sleeping Well LLC, Somnomed Limited, Tomed Dr. Toussaint Gmbh and Fisher & Paykel Healthcare Limited.. Most manufacturers are focused on development of new and innovative products to increase their market share. These companies are also focused towards building a strong distribution network through partnership to increase their geographical presence.
Anti-snoring devices market provides analysis and information according to market segments such as geographies, product type, and industry. The research report on the anti-snoring devices market provides facts, thoughtful insight and market-validated data.
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Latest Trends and Cardinal Growth Prospects
The study assists in burnishing the knowledge of the stakeholder in terms of the emerging trends. The study provides an expansive coverage on the latest developments and novel profit-yielding sources that augur well with the market. A dedicated and determined team of experts conduct an out-and-out research on diverse aspects to offer ultimate breakthroughs in the market.
Existing and Future Insights in Growth
The interfusion of ubiquitous primary and secondary research through modern tools invites perfection and accuracy in every aspect. Primary research is circumspectly conducted through exhaustive interactions and interviews of experts. These valuable opinions are then neatly inducted in the report to allow the stakeholder for reaping the benefits. A treasure of secondary data is extracted via famed paid sources, yearly estimates and statements, renowned journals, and government documents. These sources assist in creating a robust database comprising existing and subsequent growth dynamics.
Ascensions in Technology
Diverse technological advancements and cutting-edge innovations in the market have been covered in this study to assist the stakeholder in research and development activities. Recent upgrades have also been added in the study, thus helping the stakeholder to paint the strokes of growth on the canvas of the market.
The study presents a plethora of challenges and obstacles that can hinder the growth of the market to allow the stakeholder to prepare their strategies accordingly.
The world ushered in the new decade with the shadow of the COVID-19 pandemic. The outbreak has damaged the growth prospects of several businesses and has crippled the entire economy. The study is in tandem with the changing dynamics of the market due to the SARS-CoV-2 outbreak. The study focuses on the coronavirus pandemic and analyses every aspect that impacts the growth positively or negatively.
An aerial perspective of the regions covered in this study enables the stakeholder to design strategies accordingly. The 360-degree assessment of every aspect associated with growth offers information on a rainbow of growth opportunities available across the market.
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This report is the key to questions such as:
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