Anti Snoring Market Size to reach USD 1,235.60 Million by 2020 with Key Market Players - Apnea Sciences, ASF Medical GmbH (Tomed GmbH), Fisher & Paykel Healthcare Limited, Koninklijke Philips NV, Lear Corporation (AccuMED Corp.),Meditas, Mitsui Chemicals

Anti Snoring Market Size and Growth Rate:

The anti-snoring treatments market is anticipated to reach USD 1,235.60 Million by 2020 from USD 745.70 Million in 2015, increasing at a CAGR of 10.60% from 2015 to 2020.

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Anti Snoring Market Overview:

Snoring is the fluctuation of respiratory structures and the consequent sound because of deterred air improvement amid breathing while at the same time dozing or napping. Technological improvements in anti-snoring devices, growth in cigarette and alcohol consumption, the rise in geriatric and obese population, an increase in knowledge in developed countries about the ill consequences of snoring and benefits of associated treatments drive the market.

Anti Snoring Market Growth Drivers and Restraints:

The global anti-snoring market is increasing with the rise in the geriatric as well as stout population, more of technological improvement, growing awareness regarding ill effects of snoring and related advantages, the rise in the consumption of cigarettes and alcohol. The oral appliances segment accounted for the largest share of the anti-snoring devices business in 2015, followed by the nasal devices segment. North America would control the global market in the coming years, due to the growing awareness and a large number of business players.

However, the high cost of custom-made oral devices, and poor ability and lack of scientific validation of the anti-snoring appliances currently available in the market restrain this growth. The growth probabilities in emerging economies of Asia-Pacific and LAMEA and presence of a large untreated people base are expected to provide numerous possibilities for market growth during the projected period.

Anti Snoring Market Segmentation:

The anti-snoring treatments market is classified on the basis of device type, surgical style, and region. The oral appliances segment accounted for the largest share of the anti-snoring devices business in 2015, followed by the nasal devices segment. The oral instruments segment is also poised to grow at the important CAGR during the forecast period, owing to increasing awareness among doctors and patients regarding the use of oral appliances, the recommendation as the first line of anti-snoring treatment from health groups in several regions, and launch of new and excellent products.

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Anti Snoring Market Geographical Insights:

Geographically, North America would control the global anti-snoring appliances and snoring surgery market in the coming years, due to the growing awareness on ill effects of snoring and a large number of business players. North America and Europe are expected to be the quickest developing regions in the world business, due to the presence of a huge pool of patients and expanding prevalence of obesity in the regions. In extension, the Asia-Pacific market is expanding due to growing healthcare expenditure, increasing awareness of healthcare, and refining healthcare infrastructure in the developing countries, such as India and China.

Key Players of the Anti Snoring Market:

• Apnea Sciences
• ASF Medical GmbH (Tomed GmbH)
• Fisher & Paykel Healthcare Limited
• Koninklijke Philips NV
• Lear Corporation (AccuMED Corp.)
• Meditas
• Mitsui Chemicals (Whole You Inc.)
• ResMed
• SomnoMed
• The Pure Sleep Company

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