Global Anti-Snoring Devices Market size is expected to be worth roughly USD 4.9 Billion by 2030, growing at a CAGR of more than 10.6% during the projected timeframe of 2022-2030, according to Ameco Research
Snoring is defined as a respiratory tract vibration caused by a restriction in airway circulation. Snoring is linked to a variety of factors, including airway blockage, sleep deprivation, sleep apnea, obesity, as well as mouth breathing. Sedentism has contributed to a rise in the frequency of sleep deprivation as well as obesity, along with many other things. According to Oxford University researchers, insomnia has become the most frequent sleep condition, affecting over 30% of individuals in 2019. These variables are expected to enhance the popularity of anti-snoring devices market growth across the global population. Snoring can be controlled with a variety of equipment such as orthopedic pillows, nasal gadgets, mouth appliances, and so on.
The increasing incidence of sleep problems among the older population globally is expected to propel the anti-snoring devices market value in the foreseeable future. Accordance to the Sleep Foundation, approximately 9% of people in the United States had sleep apnea obstructive in 2019. However, according to the Foundation, many instances go undiagnosed. Increased knowledge of sleep problems in underdeveloped countries is expected to boost the global usage of anti-snoring devices.
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Global Anti-Snoring Devices Market Trends
The rising prevalence of obesity, the introduction of technologically sophisticated products, strategic efforts by prominent market players, as well as the ease with which items can be obtained through both online and offline methods are all major factors driving the expansion of the anti-snoring devices market size. The epidemic of COVID-19 had a small adverse influence on the market. This is due to the fact that a greater number of people became aware of their condition and chose to receive treatment even though several studies have shown that individuals with obstructive sleeping apnea are susceptible to unfavorable post-infection consequences, including overweight, hypertension, as well as idiopathic pulmonary fibrosis. Moreover, the enhanced research and innovation capabilities as well as innovative product advancements by companies are also creating several prospects for the global anti-snoring devices market revenue to expand.
On the other hand, the outbreak decreased the demand for anti-snoring devices. The decrease in sales can be related to a reduction in the number of elective procedures performed. Furthermore, the supply chain was severely disrupted as a result of the lockdowns and limitations, which concentrated on only essential operations being carried out. Patients also visited fewer hospitals as a result of the pandemic. All of this had a mildly negative effect on the market. Eventually, the market started to rebound in 2021, with businesses opening up and governments implementing greater steps to restrict the transmission of the virus and its implications.
Anti-Snoring Devices Market Segmentation
Ameco Research has fragmented the global anti-snoring devices market by device type, and surgical procedure. In terms of device type, the market is sub-divided into mandibular advancement devices (MADs), continuous positive airway pressure (CPAP) devices, tongue stabilizing devices (TSDs), and others. The continuous positive airway pressure (CPAP) devices sub-segment of the anti-snoring devices industry is estimated to have the largest market size in the device type category. CPAP systems and masks are predicted to be in high demand during this pandemic since they have been demonstrated to help manage COVID-19 symptoms such as the convenience of breathing.
Moreover, in terms of surgical procedure, the market is further segmented into somnoplasty, tonsillectomy, radiofrequency, pillar procedure, uvulopalatopharyngoplasty (UPPP), and other surgical procedures. According to the anti-snoring devices market forecast, the somnoplasty segment is estimated to grow significantly in the market over the next few years.
Anti-Snoring Devices Market Regional Outlook
The global anti-snoring devices market is divided into several five regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. According to the anti-snoring devices industry analysis, North America is predicted to hold considerable revenue shares in the market. The rising prevalence of obesity and the acceptance of an unsustainable diet are fueling the industry's growth. Thus, the existence of a huge untreated population group, combined with a growth in alcohol as well as smoking consumption, which raises the likelihood of developing snoring problems, will increase the North America anti-snoring devices market share in the globe. Moreover, increased awareness concerning the availability of anti-snoring devices and their ease of use would have an impact on market size.
Anti-Snoring Devices Market Competitors
The worldwide anti-snoring devices market's key manufacturers are involved in regulatory clearances, technologically enhanced goods, new product launches, and acquisition and cooperation partnerships with some other companies. These tactics are intended to meet unmet demands in the anti-snoring devices industry, strengthen product portfolios, and invest in R&D. Some of the most notable worldwide anti-snoring devices market players are Tomed Dr. Toussaint GmbH, Apnea Sciences Corporation, Koninklijke Philips NV, Sleep Well Enjoy Life, Ltd., Fisher & Paykel Healthcare Limited, Sleeping Well, LLC, and others.
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