However, the high cost of custom-made oral devices, lack of scientific validation of such methods and low patient compliance owing to discomfort in using the anti-snore device will impede the industry growth to some extent during the forecast period. The rise in focus of manufacturers on tapping new marketplaces promotes market growth of anti-snore devices.
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Global Anti-snore device Market Segmentation
The global anti-snore device market can be segmented on the basis of product type, compression level, end use and sales channel
The global anti-snore device market can be segmented on the basis of variety of product type as:
- Mandibular advancement devices
- Tongue stabilizing devices
- Nasal devices
- Chin straps
- Position control devices
- Expiratory devices
The global anti-snore device market can be segmented on the basis of sales channel as:
- Supermarket/Hypermarket
- Specialty stores
- Third Party Online
- Pharmacies/Medical Stores
Global Anti-snore device Market Key Players
Some of the key market players in the global anti-snore device market are:
- Philips Healthcare
- Glaxo Smith Kline
- Apnea Sciences Corporation
- Somnomed
- Theravent
- Tomed
- Pure Sleep Company
- Meditas
- Resmed
- Fisher & Paykel
- Medtronic
Increasing Urbanization and Changing Lifestyle
With the increasing standard of living of consumers across developed and developing countries has been aiding the demand for anti-snore device. The growing inclination for healthcare products has a direct impact on the global anti-snore device market. With increasing trade agreements across the world, the global anti-snore device market has incremental growth opportunities pertaining to strategies and operations for the business.
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Retail Pharmacy Development
Over the last few years, retail and pharmacy chains have increased in most countries in MENA. This has provided consumers with easy access to the anti-snore device at competitive prices. Digitalization has offered tremendous growth for all industries. With an increase in internet knowledge among the consumers along with ease of online transaction, many health supplement manufacturers are using an online platform for the selling and promotion of their products. Moreover, another marketing platform has also emerged over the recent period of times, such as supermarkets, hypermarkets and specialty stores. Thus, boosting the market of anti-snore device.
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