Anti Snoring Market Size and Growth Rate:
According to the Research Report, the Global Anti Snoring Market Size was valued at USD 1006.56 million in 2018 and is expected to reach nearly USD 1842.33 million in 2024, growing at a compound annual rate of nearly 11.0% between 2019 and 2024
Anti Snoring Market Growth Drivers and Restraints:
Technological advances in the fight against snoring, increased consumption of cigarettes and alcohol, increased geriatric and obese population and growing awareness in developed countries of the detrimental effects of snoring and the benefits of treatments lead the market growth. Increased awareness in developed countries of the detrimental effects of snoring and the enormous benefits of treatment are the factors that should stimulate market growth. It is also likely that growth in tobacco consumption, as well as technological advances in the design of anti-snoring devices, will encourage market growth.
However, the high cost of custom-made oral devices, the low efficiency and the lack of scientific validation of anti-snoring devices currently available on the market limit this growth.
The demand for anti-snoring treatments in developing countries is expected to create growth opportunities in this market. Growing investments in emerging economies and the presence of a large untreated population are expected to provide many opportunities for market growth over the forecast period.
Anti Snoring Market Regional Presence:
The main countries examined in the study are the United States, Canada, Germany, the United Kingdom, China, India, Brazil, Mexico and South Africa. It is estimated that the American anti-snoring market holds the majority of shares in the market. The factors responsible for this large participation are the growing awareness of the harmful effects of this disease, the presence of a large number of manufacturers in this sector and an untapped population suffering from this disease.
Europe was the second largest market. The growing popularity and high rate of adoption of treatment devices has contributed to the growth of the sector in this region. The Asia-Pacific region is expected to experience the highest growth rate due to the large number of untreated people suffering from snoring and the high level of awareness associated with this condition.
Some of the Prominent Companies leading 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.)
- Mitsui Chemicals (Whole You Inc.)
- The Pure Sleep Company
Detailed Segmentation of Global Anti Snoring Market:
Anti Snoring Market Analysis - By Treatment Technique:
- Device Types
- Mandibular Advancement Devices (MAD)
- Tongue Stabilizing Devices (TSD)
- Continuous Positive Airway Pressure (CPAP) Devices
- Other Device Types
- Surgical Procedure
- Uvulopalatopharyngoplasty (UPPP)
- Pillar Procedure
- Radiofrequency Palatoplasty
- Other Surgical Procedures
Anti Snoring Market Analysis - By Region:
- North America
- Rest of Europe
- Asia Pacific
- South korea
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
- South America
- Rest of South America