The global anti-snoring treatment market size was evaluated at $2100 million in 2022 and is slated to hit $ 4100 million by the end of 2030 with a CAGR of nearly 9.2% between 2023 and 2030.
Repeated collapse and narrowing of the upper airway during sleep is the root cause of the widespread disorder known as snoring. Snoring not only affects a person’s regular sleeping routine, but also their ability to rest well during the night. Light sleep, breathing disruptions, frequent waking from sleep, cardiac strain, and poor night sleep are all symptoms of obstructive sleep apnea, which can be caused by chronic snoring. Anti-snoring treatment exists because snoring can’t be ignored. Treatments for snoring can be either non-invasive or invasive. Losing weight and trying different sleeping positions are only two of the anti-snoring remedies commonly suggested. Snoring can be reduced with the help of a mandibular protrusion splint, for the record. Furthermore, rhinoplasty therapy or minimally invasive surgery is advised if nasal airflow obstruction is the problem.
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???? Major Takeaways
• Our research analyst has revealed that the worldwide market for anti-snoring treatments is expected to develop at a CAGR of roughly 9.2% between the years 2023 and 2030.
• The worldwide anti-snoring treatment industry is anticipated to generate $4100,000,000 by 2030, up from an estimated $2100,000,000 in 2022.
• Easy product availability, high strength, better safety, and cost-efficiency are all factors that are expected to drive significant growth in the worldwide anti-snoring treatment market throughout the forecast period.
➤ The global market has been driven by people’s increasingly erratic eating patterns and high consumption of alcoholic beverages
Some of the causes driving expansion in the anti-snoring therapy market are shifting lifestyles and bad dietary habits like alcohol, tobacco, and smoking use. The increasing prevalence of sleep disorders and the epidemic of obesity worldwide will fuel the expansion of this industry. The global market for snore-control devices has exploded thanks to an increase in the elderly population, who is more likely to suffer from snoring disorders. The global anti-snoring market will soar as a result of technological advancements in both anti-snoring devices and anti-snoring operations. The global market has grown significantly as a result of the rising prevalence of obstructive sleep apnea.
➤ The growth of the worldwide anti-snoring equipment market will be stymied by the high cost of the products in question between 2023 and 2030
The global anti-snoring therapy market is expected to grow more slowly than it otherwise would due to rising device costs and a dearth of attractive compensation options. In addition, anti-snoring medications are quite pricey, making them out of reach for people living in emerging economies and the middle class. This factor may have a significant impact on the worldwide development of the sector.
➤ As anti-snoring apps gain in popularity, the worldwide market will have opportunities to expand in hitherto unexplored directions
The global anti-snoring treatment market has seen new growth opportunities thanks to the increasing usage of anti-snoring apps, dental equipment, mandibular advancement equipment, behavioral treatment, and tongue stabilizing equipment. In addition, factors such as sedentary lifestyles, bad diets, rising alcohol consumption, and sleep disorders will fuel new avenues of growth for the market worldwide.
➤ Anti-snoring devices pose a threat to the worldwide business boom because of the risk of allergic reactions
One potential obstacle for the growth of the worldwide anti-snoring treatment market is the potential discomfort experienced by some users of the anti-snoring treating equipment. In addition, some patients may experience temporary facial and jaw pain as a result of using the equipment. In addition, some people may be allergic to the components of anti-snoring therapy devices, which can further reduce demand and sales.
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The Global Anti-Snoring Treatment Market is segmented based on product, application and region
Global Anti-Snoring Treatment Market: Product Segment Analysis
● Mandibular Advancement Devices (MAD)
● Tongue Stabilizing Devices (TSD)
● Continuous Positive Airway Pressure (CPAP) Devices
● Nasal Devices
Global Anti-Snoring Treatment Market: Application Segment Analysis
● Hospitals
● Specialty Clinics
● Ambulatory Surgical Centers
● Others
The global anti-snoring treatment market profiles key players such as:
● Aegean Medical Inc
● Natus Medical Inc
● Inspire Medical Systems Inc
● Tomed Dr. Toussaint Gmbh
● ResMed
● AccuMED Corporation
● GlaxoSmithKline
● Apnea Sciences Corporation
● Theravent Inc
● Braebon Medical Corporation
● Sonomed Limited
● Pure Sleep Company
● GE Healthcare
● Meditas
● ImThera Medical Inc
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➤ Over the years 2023-2030, North America is anticipated to become the world’s leading market
In 2022, North America held a share of the global anti-snoring therapy market that was equal to 50% of the total. In addition, the advent of new treatment modalities for sleep disorders in countries like Canada and the U.S. would exponentially expand the regional market size. The presence of major players in the global anti-snoring device industry in these countries also bodes well for the regional market’s growth in the years to come. The success of new product launches in the next years will have a significant impact on revenue in the regional market. Rotech Healthcare is a leading provider of sleep apnea therapy in the United States, and in the first quarter of 2021, the FDA approved the commercial introduction of their anti-snoring device, eXciteOSA.
Due to the significant number of people in the region who suffer from snoring but haven’t sought treatment yet, the anti-snoring treatment market in Asia-Pacific is expected to post the highest CAGR over the projected period. Additionally, the expanding recognition of snoring as a medical condition has opened up new opportunities for expansion in the Asia-Pacific region. In addition, in the next years, the regional industry will benefit greatly from the introduction of new products. An anti-snoring gadget was introduced by Illusion Designers, a major leader in India’s dental industry, in May 2022. The novel device is said to be comfortable to use, light in weight, effective in treating sleep apnea, reducing fatigue, and improving patients’ overall quality of life.
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