Press release
MAD Oral Device Market Shows Exponential Growth Ahead Key Players Profile ResMed, SomnoMed, Tomed GmbH, OSCIMED SA, Glidewell Laboratories, SCHEU, Oasys Sleep, Aurum Group, aveoTSD, Keller Dental Lab, Myerson and Respire Medical
MAD Oral Device Market
Mandibular Advancement Devices (Mad) is the kind of oral appliances used in the treatment of obstructive sleep apnea. The global market for MAD oral devices is expected to burgeon with the growing demand for sleep apnea oral appliances, which is projected to cross USD 500 million by 2024. These MAD oral devices accounted for the largest share of the total sleep apnea oral appliances market and expected to continue its domination over the counterparts. The extensive research available for these devices is the principal reason supplementing the market growth.
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The global MAD Oral Device market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
Drivers and Restraints:
Mandibular Advancement Devices are an effective solution to the snoring problems of people that can have various effects on lifestyle and sleep patterns. MAD devices help in removing any kind of obstructions in the throat as the moving jaw in backwards and forward will expand the size of the upper airway reducing the snoring caused air turbulence. MADs are mainly of three types, boil and bite, semi-custom, and custom dental. It is essential for a productive life to have a proper night sleep, and the appliances like MAD are useful in improving it.
The increasing stress and diseases due to the lack of proper sleep are the main reasons for the demand for MAD oral device market. Furthermore, the global MAD oral device market is boosted by the factors like rising disposable income of the people, technological advances in the medical science, growing awareness among the consumers, increasing healthcare investments and expenditure, a large set of people with sleep disorders in emerging and developed nations, and others. However, the costs of the devices are pulling the market backwards in some of the global regions.
Geographical Segmentation:
Based on the geography, North America dominates the global MAD oral device market owing to the increasing cases of sleep apnea, demand for alternative solutions, awareness among the population about the disadvantages of sleep disorder, focus on healthy lifestyle, and increased acceptance in healthcare facilities. Nevertheless, the Asia Pacific region is also expected to witness huge growth in the future with the increasing consumer demand for sleep apnea devices.
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Key Players:
The key players in the global MAD oral device market are ResMed, SomnoMed, Tomed GmbH, OSCIMED SA, Glidewell Laboratories, SCHEU, Oasys Sleep, Aurum Group,aveoTSD, Keller Dental Lab, Myerson, and Respire Medical.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided.
The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions.
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