The Global Anti-Snoring Device market was valued at USD xx million in 2018, and is projected to reach USD xx million by 2026, growing at a CAGR of 9.1% during 2019–2026. Technological advancements and design modification in anti-snoring devices, rising awareness about harmful effects of chronic snoring among the population ,increase in smoking and elevated alcohol consumption among the population, growth in geriatric or aged and obese population, and rise in awareness in developed economies about the harmful effects of regular snoring and aids of associated diagnosis and treatments are the key factors which are propelling the growth of the market. Moreover, the insufficient effectiveness of current anti-snoring devices available in the marketplace and the accessibility of unconventional treatments for chronic snoring are important factors hindering the growth of the market.
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Snoring is defined as a harsh sound which occurs when the air passed through the relaxed tissues in your throat. The sound produced is the consequence of congested air movement during breathing while the individual is asleep. Anti-snoring devices improve the reduction in the blocked passage. An individual is considered as a chronic snorer if there is an incidence of loud snoring minimum thrice in a week. This is significantly connected with the disease named obstructive sleep apnea (OSA).
Read Full Report Description: Global Anti-Snoring Device Market By Type(Oral Appliances, Nasal Devices, Position Control Devices, Chin Straps, Tongue Stabilizing Device and EPAP), By Distribution Channel(Hospitals, Clinics, Online Stores, Retail Pharmacies and Others) and By Region – Opportunities & Forecast, 2019-2026. https://www.gmiresearch.com/report/anti-snoring-device-market/
When chronic snoring is left untreated for a long period of time, it has numerous adverse outcomes such as condition called sleep apnea, brain stroke, diastolic or systolic systemic hypertension, cardiac atrial fibrillation, interventional coronary artery disease, and others. Various Anti-snoring devices and anti-snoring surgery are the only two types of treatment options that are available currently. The following two methods assist in the inhibition of snoring and enhance the sleep quality. Uvulopalatopharyngoplasty anti-snoring surgery, adenoidectomy surgery, maxillo-mandibular surgeries, tonsillectomy and radiofrequency ablation surgery are the substitutes for anti-snoring devices.
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Based on product type, nasal devices is anticipated to lead the market during 2019–2026. Chin Straps is expected to grow at the highest growth rate in the market during the forecast period due to surging adoption rate of the device among healthcare professionals and patients due to its characteristics such as non-invasiveness, among others.
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Based on distribution channel, clinics segment captured the maximum share in 2018. The clinics that advise anti-snoring oral appliances and devices to their patients have exhibited a positive accomplishment rate as high as around 94.0%. Although, the success rate might vary between patients or individuals. Past few years, there has been an upsurge in the requirement for the home healthcare. This rise in home care trend has given growth to many technological advanced devices and portable products.
North America held the maximum revenue share of the anti-snoring devices market owing to factors such as increasing cases of chronic snoring, higher adoption of anti-snoring devices and improved healthcare infrastructure. North America and Europe collectively held three-fourth of total revenue in the global market. Asia Pacific is anticipated to have the highest CAGR owing to high contagious diseases prevalence, growing of large patient pool, and rising awareness regarding anti-snoring devices and its benefits .The development opportunities in emerging economies of Asia-Pacific region and LAMEA region, and existence of a large untreated population base are anticipated to provide several opportunities for market expansion during the forecast period.
Various notable players operating in the Global Anti-Snoring Device market include Sleeping Well LLC, Apnea Sciences Corporation, Somnomed Ltd., Airway Management Inc., Tomed Dr., Medtronic plc. ,Philips , GSK plc, Fisher and Paykel Healthcare , and Meditas Ltd.
There has been a continuous innovation propelled by companies to compete in the market. The key players such as Apnea Life Sciences and Medtronic are adopting inorganic strategies such as mergers and acquisitions to create dominance in the market. In addition, these companies are also adopting organic strategies, which is marked from the R&D expenditure of these firms. Examples include:
Key Market Developments:
The Global Anti-Snoring Device market has been segmented based on type, distribution channel and region. Based on type, the market is segmented into oral appliances, nasal devices, position control devices, chin straps, tongue stabilizing device and EPAP. Based on distribution channel, the market has been segmented into hospitals, clinics, online stores, retail pharmacies and others.
Key questions answered in this research report:
Market Segmentation
Global Anti-Snoring Device Market by Product Type
Global Anti-Snoring Device Market by Distributional Channel
Global Anti-Snoring Device Market by Region
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