Press release
Anti-Snoring Market 2020 Precise Outlook - Koninklijke Philips NV, Meditas, Mitsui Chemicals, ResMed, SomnoMed, The Pure Sleep Company
Anti-Snoring Market
The global anti-snoring market was valued at USD 1,006.56 million in 2018, and it is estimated to be valued at USD 1,842.33 million in 2024 while witnessing a CAGR of 10.60%. Increase in obesity and geriatric population, increasing smoking and alcohol consumption, technological advancements in anti-snoring devices, and increased awareness in the developed markets are the key factors responsible for the growth of the market
Leading companies operating in the Global Anti-Snoring market profiled in the report are: 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 and others.
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Anti-snoring treatment devices are defined as the equipment used to prevent snoring, which include mandibular advancement devices (MAD), tongue stabilizing devices (TSD), continuous positive airway pressure (CPAP) devices, and nasal devices, among others.
Industry News
1) Apnea Sciences - The leading anti-snore company, announced the release of its SnoreRx ®, its fifth generation.
Key Market Trends
Continuous Positive Airway Pressure (CPAP) Devices Sub-segment is Expected to Hold the Largest Market Share in the Devices Segment
In the devices segment of the anti-snoring market, the continuous positive airway pressure (CPAP) devices sub-segment is believed to have the largest market size, and it is expected to witness a CAGR of 10.54% in the forecast period.
Continuous positive airway pressure (CPAP) devices are used in cases of airway blockages, in order to open up the blocked airways by pushing air into them. The CPAP has a pump that controls the air pressure in the system and consists of a tube carrying air toward the mask attached to the nose and mouth. CPAP devices help in easing the functioning of the airway, and helps the person get a sound sleep, in turn, increasing their demand. Hence, CPAP devices are expected to experience growth over the forecast period.
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Market Report includes major TOC points:
1) Anti-Snoring Market Overview
2) Global Economic Impact on Industry
3) Global Market Competition by Manufacturers
4) Global Production, Revenue (Value) by Region
5) Global Supply (Production), Consumption, Export, Import by Regions
6) Global Production, Revenue (Value), Price Trend by Type
7) Global Market Analysis by Application
8) Manufacturing Cost Analysis
9) Industrial Chain, Sourcing Strategy and Downstream Buyers
10) Marketing Strategy Analysis, Distributors/Traders
11) Market Effect Factors Analysis
12)Anti-Snoring Market Forecast
Conclusively, all aspects of the Anti-Snoring Market are quantitatively as well qualitatively assessed to study the Global as well as regional market comparatively. This market study presents critical information and factual data about the market providing an overall the statistical study of this market on the basis of market drivers, limitations and its future prospects.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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