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Anti-Snoring Devices Market Analysis: Insights into Size, Share, Key Trends, Competitive Landscape, and Growth Outlook
Anti-Snoring Devices Market
As per the report, the anti-snoring devices market size has grown strongly in recent years. It will grow from $1.67 billion in 2023 to $1.82 billion in 2024 at a compound annual growth rate (CAGR) of 9.0%. The anti-snoring devices market size is expected to see strong growth in the next few years. It will grow to $2.61 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.
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Rise In Obesity Anticipated To Drive The Growth Of The Anti-Snoring Devices Market
The increasing prevalence of obesity is expected to propel the growth of the anti-snoring devices market going forward. Obesity refers to weight gain that is abnormal or excessive and poses a health risk. Anti-snoring devices like mouthpieces assist obese people to control snoring by moving the jaw forward and preventing the tongue from slipping back and obstructing the airway. For instance, according to the World Obesity Federation, a United Nations agency, around 770 million adults worldwide were obese in 2020, and that number is expected to rise to over one billion by 2030. Therefore, the increasing prevalence of obesity is driving the growth of the anti-snoring devices market.
Signifier Medical's Daytime Therapy Redefines Anti-Snoring Strategies
Product innovation is a key trend gaining popularity in the anti-snoring devices market. Companies operating in the anti-snoring market are innovating their products to sustain their position in the market. For instance, in February 2021, Signifier Medical Technologies LLC, a UK-based medical technology company, launched the eXciteOSA daytime therapy to treat patients 18 years of age and older for mild obstructive sleep apnea and snoring. This is the first gadget designed to increase tongue muscle function while the patient is awake. This will help prevent the tongue from falling backward and blocking the airway while the patient is sleeping.
The anti-snoring devices market covered in this report is segmented -
1) By Product Type: Mandibular Advancement Devices (MADS), Tongue Retaining Devices (TRD), Nasal Dilator, Chin Strap, Position Control, Pillow, Tongue Stabilizing Device (TSD), Expiratory Positive Airway Pressure (EPAP)
2) By Surgical Procedure: Uvulopalatopharyngoplasty (UP3), Laser-Assisted Uvula Palatoplasty (LAUP), Radiofrequency Ablation (RFA), Sclerotherapy, Pillar, Other Surgical Procedures
3) By Gender: Men, Women
4) By Age Group: Between 40 And 59 Years, 60 And Above Years, Below 40 Years
5) By End User: Hospitals, Community Healthcare, Sleep Clinics, Home Healthcare, Other End Users
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Major companies operating in the anti-snoring devices market report are Sleeping Well LLC,Apnea Sciences Corporation,Somnomed Ltd.,Airway Management Inc.,Theravent Inc.,Tomed Gmbh,GSK plc,MPowRx,Innovative Health Care Pvt. Ltd.,ResMed Inc.,Fisher & Paykel Appliances Holdings Ltd.,AccuMed Corp.,MEDiTAS Ltd.,Koninklijke Philips N.V.,ImThera Medical Inc.,Contour Products Inc.,VVFLY Electronics Co. Ltd.,ZQuiet,The Pure Sleep Company,Rhinomed Limited,DentCare Dental Lab Pvt. Ltd.,Signifier Medical Technologies LLC,Endo Pharmaceuticals Inc.,KARL STORZ SE & Co. KG,Lumenis Be Ltd.,Olympus Winter & IBE GMBH,Urologix LLC,Boston Scientific Corporation,Teleflex Incorporated,Richard Wolf GmbH,biolitec AG,Coloplast Corp.,Nozovent,Snoring Solutions Inc.
Contents of the report:
1. Executive Summary
2. Anti-Snoring Devices Market Report Structure
3. Anti-Snoring Devices Market Trends And Strategies
4. Anti-Snoring Devices Market - Macro Economic Scenario
5. Anti-Snoring Devices Market Size And Growth
…..
27. Anti-Snoring Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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