According to the current analysis of Reports and Data, the global Anti-Snoring Devices and Snoring Surgery market was valued at USD 1,106.1 Million in 2020 and is expected to reach USD 2,522.9 Million by year 2028, at a CAGR of 11.1%.
According to Centers for Disease Control and Prevention (CDC), 1 in 3 American children born in 2000 will develop diabetes, and children under 10 years of age are already developing type II diabetes, primarily seen in adults—usually not until past the age of 40. Snoring is voluble inhalation or exhalation of air during sleep. It is a familiar dilemma among the current population and it distresses approximately 90 million American adults — 37 million on a regular basis. Snoring may happen nightly or erratically. Usually the male population and those who are obese are very risk prone to this problem, but snoring is a problem of both genders. Age and obesity are the main factors causing people to snore. It leads to disrupted sleep which leads to tiredness and drowsiness for the whole day. The two most general unpleasant health effects which are related to snoring are drowsiness and heart disease. About one-half of people who snore loudly have obstructive sleep apnea (OSA).
Anti-Snoring Devices and Snoring Surgery market is fragmented into devices to prevent the disorders related to snoring and surgical methods to cure the patients who are affected by OSA.
Increasing number of people suffering from snoring due to age issues and obesity are the factors driving the growth of this market. User-friendly, cost-effective and perfect accuracy of anti-snoring devices and even growing awareness about the ill-effects of snoring and OSA are steering this market’s growth. The high cost of custom made oral appliance is a factor restraining the growth of the global anti-snoring devices and snoring surgery market
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This study aims to define market sizes and forecast the values for different segments and countries in the coming eight years. The study aims to include qualitative and quantitative perspectives about the industry within the regions and countries covered in the report. The report also outlines the significant factors, such as driving factors and challenges, that will determine the market’s future growth.
Further key findings from the report suggest:
- Anti-Snoring Devices and Snoring Surgery market is fastest growing at a CAGR of 5% in Asia Pacific due to high awareness and access to modern healthcare infrastructure, huge advertising of technology and rise in consumption levels.
- The market for Retail segment has dominated the market in 2020 and even is considered to have the fastest growing CAGR.
- Europe is the second largest region with a share of 27.1% due to the high cases of sleep disorders and high acceptance and usage of treatment instruments.
- Positive Airway Pressure Devices is accounted to be the second leading segment which holds a market share of 18.3% due to increased incidences of sleep apnea and technological progression in this segment.
- Hospitals segment has dominated the market in 2020 and will continue to do the same in the forecasted years.
- North America is expected to account for the 48.8% of the global Anti-Snoring Devices and Snoring Surgery market owing to the existence of huge pool of patients and increasing rate of obesity.
- Tonsillectomy and Adenoidectomy Surgery segment holds the second largest share in this market which is valued at USD 240.4 million due to its perfect accuracy of eliminating obstructive sleep problems.
Competitive Landscape:
The report also focuses on details of each market player including its global position, financial standing, revenue generation, company overview, and product & service portfolio. The Anti-Snoring Devices And Snoring Surgery market is extremely competitive and consists of several key players at the regional and global levels. Key players are focused on adopting various strategies such as new product launches, mergers and acquisitions, investments in R&D, partnerships, joint ventures, and collaborations to strengthen their market position and enhance their product portfolio.
Leading companies operating in the market are:
- AccuMED Corporation
- Apnea Sciences Corporation
- Airway Management Inc.
- Fisher & Paykel Healthcare
- Glaxosmithkline PLC
- GE Healthcare
- ImThera Medical, Inc.
- Innovative Health Technologies Limited
- Meditas Ltd.
- Medtronic plc
- Philips Healthcare
- ResMed, Inc.
- Sleeping Well LLC
- Somnomed Limited
- Recent Developments
- Theravent, Inc.
- The Pure Sleep company
- Tomed Dr. Toussaint Gmbh
- Whole You, Inc.
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The report also offers detailed insights about market segmentation based on type, application and regional bifurcation:
Anti-Snoring Devices And Snoring Surgery Market Segmentation:
Device Type Outlook:
- Oral Application
- Mandibular Advancement Device
- Tongue Stabilizing Devices
- Nasal Devices
- External Nasal Dilators (Nasal Strips)
- Others (Nasal Stents, Nasal Clips, and Septal Stimulators)
- Positive Airway Pressure Devices
- Position Control Devices
- Chin Straps
- EPAP Therapy Devices
Surgical Procedure Outlook:
- Uvulopalatopharyngoplasty
- Tonsillectomy and Adenoidectomy
- Maxillo-mandibular and Genioglossus Advancement
- Radiofrequency Ablation
- Pillar Procedure with Palatal Implants
- Laser-Assisted Uvulopalatoplasty
- Injection Snoreplasty/Sclerotherapy
- Other Anti-Snoring Surgical Procedures
Distribution Channel Outlook:
- Retail
- Direct Sales
End User Outlook:
- Hospitals
- Community Healthcare
- Sleep Clinics
- Home Healthcare
- Ambulatory Surgical Centres
- Others
Regional Outlook:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of LATAM)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of the Middle East & Africa)
Some essential purposes of the Anti-Snoring Devices And Snoring Surgery market research report:
- Vital Developments: Custom investigation provides critical improvements to the Anti-Snoring Devices And Snoring Surgery market, including R&D, new item shipment, coordinated efforts, development rate, partnerships, joint efforts, and local development of rivals working in the market on a global scale and regional.
- Market Characteristics: The report contains Anti-Snoring Devices And Snoring Surgery market highlights, income, limit, limit utilization rate, value, net, creation rate, generation, utilization, import, trade, supply, demand, cost, part of the industry in general, CAGR, and gross margin. Likewise, the market report offers an exhaustive investigation of the elements and their most recent patterns, along with Service market fragments and subsections.
- Investigative Tools: This market report incorporates the accurately considered and evaluated information of the major established players and their extension into the Anti-Snoring Devices And Snoring Surgery market by methods. Systematic tools and methodologies, for example, Porter’s Five Powers Investigation, Possibilities Study, and numerous other statistical investigation methods have been used to analyze the development of the key players working in the Anti-Snoring Devices And Snoring Surgery market.
- Convincingly, the Anti-Snoring Devices And Snoring Surgery report will give you an unmistakable perspective on every single market reality without the need to allude to some other research report or source of information. This report will provide all of you with the realities about the past, present, and eventual fate of the Anti-Snoring Devices And Snoring Surgery market.
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