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The Global Anti-Snoring Devices Market to Register Incremental Growth at a CAGR of 7.22% During the Forecast Period (2022-2027), Assesses DelveInsight

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News provided by

DelveInsight Business Research, LLP

07 Dec, 2022, 15:30 GMT

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The anti-snoring devices market is expanding due to a variety of factors such as rising obesity rates and an increase in the elderly population. Furthermore, rising smoking and alcohol consumption, rising prevalence of sleep apnea, technological advancements in the market pertaining to anti-snoring devices, product launches and approvals, and others are providing significant opportunities for anti-snoring devices market growth.

LAS VEGAS, Dec. 7, 2022 /PRNewswire/ -- DelveInsight's Anti-Snoring Devices Market Insights report provides the current and forecast market, forthcoming device innovation, individual leading companies' market shares, challenges, anti-snoring devices market drivers, barriers, and trends, and key anti-snoring devices companies in the market.

Key Takeaways from the Anti-Snoring Devices Market Report

  • As per DelveInsight estimates, North America is anticipated to dominate the global anti-snoring devices market during the forecast period. 
  • Key anti-snoring devices companies such as Fisher & Paykel Healthcare Limited., Koninklijke Philips N.V., ResMed., Tomed GmbH., Apnea Sciences, Rotech Healthcare Inc., Meditas, Mitsui Chemicals, Inc., SomnoMed, The Pure Sleep Company, GSK plc., Airway Management., HIVOX BIOTEK INC., Ripsnore, Oniris, ZYPPAH, MPowrx™ Health and Wellness Products, Contour Products, Inc., Sleeping Well LLC, Inovatives Health Technologies Inc., and several others are currently dominating the anti-snoring devices market. 
  • In November 2022, ProSomnus, a pioneer in precision medical devices for the treatment of Obstructive Sleep Apnea (OSA), today that the ProSomnus EVO [PH] Sleep and Snore Device received 510(k) clearance from the FDA. 
  • In October 2022, Acurable raised €11 million to expand its at-home sleep apnea testing device globally. 
  • In May 2022, Illusion Aligners launched a new innovative anti-snoring device. This Illusion Aligner oral anti-snoring device is simple to use, effective, and comfortable. It enables the user to sleep soundly and peacefully every night.

To read more about the latest highlights related to the anti-snoring devices market, get a snapshot of the key highlights entailed in the Global Anti-Snoring Devices Market Report

Anti-Snoring Devices Overview

The term "anti-snoring treatment devices" refers to the type of equipment used to prevent snoring. Snoring is defined as a respiratory tract vibration caused by an airway flow obstruction. Snoring is caused by various factors, including airway obstruction, sleep apnea, sleep deprivation, obesity, and mouth breathing. It is medically treated with surgery or continuous positive airway pressure (CPAP), which involves wearing a mask over the nose or mouth and connecting it to a machine that delivers a constant flow of air into the nostrils. It can also be treated with lifestyle changes such as maintaining a healthy weight, relieving the nasal obstruction, switching sleep positions, and avoiding alcohol and sedative medications. As there is no cure for snoring, consumers have turned to various anti-snoring devices to reduce or prevent snoring.

Anti-Snoring Devices Market Insights

As per the assessment done by DelveInsigth, North America dominated the global anti-snoring devices market in 2021 and will continue to do so during the forecast period (2022–2027). Factors such as rising obesity and an aging population will drive demand for anti-soring devices in the region. Furthermore, growing consumer awareness of the importance of snoring management devices, the presence of key players, and other factors are expected to drive the anti-snoring devices market in the North American region in the coming years.

Moreover, the increasing R&D activities by the regional players and technological advancements are also boosting the North American anti-snoring devices market growth. For instance, in May 2022, Illusion Aligners launched a new innovative anti-snoring device. This Illusion Aligner oral anti-snoring device is simple to use, effective, and comfortable. It enables the user to sleep soundly and peacefully every night. Signifier Medical Technologies, LLC has received marketing approval from the FDA for its eXcite OSA devices.

To know more about why North America is leading the market growth in the anti-snoring devices market, get a snapshot of the report Anti-Snoring Devices Market Outlook

Anti-Snoring Devices Market Dynamics

The rising prevalence of obesity and overweight among people worldwide is one of the primary drivers of the anti-snoring device market. Furthermore, the growing geriatric population around the world will help propel the anti-snoring devices market. Moreover, technological advancements in the anti-snoring devices market and product launches and approvals, among other factors, are providing significant opportunities for anti-snoring devices market growth.

However, high custom-made oral device costs, poor efficacy, and a lack of scientific validation of anti-snoring devices among people and physicians, among other factors, can stymie global anti-snoring device market growth.

Additionally, the COVID-19 pandemic has moderately impacted the anti-snoring device market, as sales of anti-snoring devices have decreased. The decrease in sales can be attributed to a decrease in the number of elective surgeries performed. Furthermore, due to the supply chain disruptions and shortages of raw materials and other resources caused by the lockdowns and restrictions, the manufacturing of the devices was halted. Because of the lockdown imposed by the pandemic, patients visited the hospital less frequently. All of this had a mildly negative effect on the anti-snoring devices market.

However, with the relaxation of lockdown restrictions, an increase in resources and supply chain, the administration of vaccines to the general public, an increase in hospitalization for surgical methods, and an increase in demand for devices via e-commerce platforms, the anti-snoring devices market has regained momentum and is expected to do so in the coming years.

Get a sneak peek of the anti-snoring devices market @Anti-Snoring Devices Market Dynamics Analysis

Report Metrics

Details

Coverage

Global

Study Period

2019–2027

Base Year

2021

Market CAGR

7.22 %

Projected Anti-Snoring Devices Market Size by 2027

USD 2.13 Billion

Key Anti-Snoring Devices Companies

Fisher & Paykel Healthcare Limited., Koninklijke Philips N.V., ResMed., Tomed GmbH., Apnea Sciences, Rotech Healthcare Inc., Meditas, Mitsui Chemicals, Inc., SomnoMed, The Pure Sleep Company, GSK plc., Airway Management., HIVOX BIOTEK INC., Ripsnore, Oniris, ZYPPAH, MPowrx™ Health and Wellness Products, Contour Products, Inc., Sleeping Well LLC, Inovatives Health Technologies Inc., among others

Anti-Snoring Devices Market Assessment

  • Anti-Snoring Devices Market Segmentation
    • Market Segmentation By Device Type: Mandibular Advancement Devices (MAD), Tongue Stabilizing Devices (TSD), Continuous Positive Airway Pressure (CPAP) Devices, and Others
    • Market Segmentation By Surgical Procedures: Uvulopalatopharyngoplasty (UPPP), Somnoplasty, Pillar Procedure, Tonsillectomy, Radiofrequency Palatoplasty, and Others
    • Market Segmentation By End User: Hospitals, Sleep Therapy Clinics, Homecare, and Others
    • Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World
  • Porter's Five Forces Analysis, Product Profiles, Case Studies, KOL's Views, Analyst's View

Which key players in the anti-snoring devices market are set to emerge as the trendsetter explore @Anti-Snoring Devices Companies

Table of Contents 

1

Report Introduction

2

Executive summary

3

Regulatory and Patent Analysis

4

Key Factors Analysis

5

Porter's Five Forces Analysis

6

COVID-19 Impact Analysis on Anti-Snoring Devices Market

7

Anti-Snoring Devices Market Layout

8

Global Company Share Analysis – Key 3-5 Companies

9

Company and Product Profiles

10

Project Approach

11.

About DelveInsight

Interested in knowing how the anti-snoring devices market will grow by 2027? Click to get a snapshot of the Anti-Snoring Devices Market Trends

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About DelveInsight

DelveInsight is a leading Business Consultant, and Market Research firm focused exclusively on life sciences. It supports Pharma companies by providing comprehensive end-to-end solutions to improve their performance. 

Contact Us
Shruti Thakur 
info@delveinsight.com 
+1(919)321-6187 
https://www.delveinsight.com/medical-devices

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