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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