Report Format: PDF
Published Date: Nov-2018 | 250 Pages | Report ID: VSR00378
Global Anti-Snoring Devices and Snoring Surgery Market Size was valued nearly USD 903.8 Million by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 5.6% during the forecast period, i.e. 2017-2025. Snoring is a sleeping disorder that occurs when there is a hindrance in the passage ofair flow from throat and nasal tract due to thickeningof carotid arteries walls, resulting in noise while sleeping. Snoring can have many negative impacts on an individual’s health such as stroke, atrial fibrillation and severe cardiovascular diseases; hence the market for anti-snoring devices and surgeries developed to treat snoring is witnessing a steep rise globally.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global anti-snoring devices and snoring surgery market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global anti-snoring devices and snoring surgery market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Market Dynamics
The rising awareness towards the hazardous health effects of snoring across developed nations has escalated the demand for anti-snoring treatments in the market. The increase in the number of alcohol and cigarette consuming population, who suffer from snoring problems at some point in their life, is also a major factor to foster the growth of this market. According to the World Health Organization (WHO), per capita alcohol consumption in half of the member countries of WHO such as USA, U.K, Russia, Ukraine, Kenya, Georgia, etc is expected to witness a continuous rise up until 2025.
Significant increase in the percentage of obese population across developed nations has been predicted by Organization for Economic Co-operation And Development (OECD). It has been estimated that by the year 2030 the percentage of obese population in United States, Mexico and England will reach to 47%, 39% and 35% respectively. Obese population being prone to catch sleeping disorders and snoring more rapidly are one of the major escalating factors for anti-snoring device and snoring surgery market globally. However, complications associated with snoring surgeries, high cost of surgery and anti-snoring devices and lack of awareness about the severity of the problems associated with snoring are some of the restricting factors for the growth of anti-snoring treatment market.
The anti-snoring device market is anticipated to grow more strongly than the snoring surgery market during forecast period because of the ease of use for patientsas well as the presence of products like SnoreRX, ZQuite, VitalSleep, etc that have been recognized as most promising devices to treat snoring.
Segment Analysis
Market for oral appliances is growing at a faster pace and is segmented into Tongue-stabilizing devices (TSDs) and Mandibular advancement devices (MAD). TSD can be preferred over any other anti-snoring device by patients suffering from dental issues, as it does not cause discomfort to jaw as well as do not cause tooth shifting. One major benefit of mouthpieces especially TSDs are, they can be used just after removing from the box and does not require any extra-fittings. Nasal strips are also one of the popular anti-snoring devices as they are easy to use.
In surgery, Pillar procedure, Radiofrequency Palatoplasty and Uvulopalatopharyngoplastyare the most common and popular segments that promise an effective cure from snoring. The reason for popularity of these surgery types can be contributed to low cost, fewer complications, faster recovery and less pain caused during the surgery.
Regional Analysis
The global anti-snoring devices and snoring surgery market is divided into regions that are North America - U.S, Canada, Other) (Asia-Pacific -India, Japan, China, Australia, Other) (Europe - UK, Russia, France, Brazil, Other) (Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. On the basis of region, North America has been anticipated to hold the largest share in the anti-snoring device and snoring surgery market due to presence of a large number of market players as well as growing awareness towards ill-effects of sleep apnea and snoring. American Sleep Foundation has evaluated that in the year 2017, around 28 % (90 million) of the total American population was suffering from different kind of respiratory disorders that leads to snoring and hence leaves the country with largest number of people suffering from snoring. Asia Pacific held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.
Global Anti-Snoring Devices and Snoring Surgery Market Size Analysis, By Region 2017
Global Anti-Snoring Devices and Snoring Surgery Market Study Objective
1. To forecast the market size of anti-snoring devices and snoring surgery market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of anti-snoring devices and snoring surgery market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of anti-snoring devices and snoring surgery market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of anti-snoring devices and snoring surgery market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the anti-snoring devices and snoring surgery market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
Competitive landscape
Alongwith well-established companies like ZenSleep and Zelegent, Inc startup companies like assistENT (U.S.) who has launched products like N-stent at a price as low as $4, has established North America a leader in the global market for anti-snoring treatment solutions. Approval by Conformité Européene (CE) on Commercialization of Snoozeal (anti-snoring and sleep apnea device) was a major step to escalate the market growth of anti-snoring devices in Europe.
Rising health issues related to sleep and respiratory disorders in Asian countries like China and India holds a considerable scope for growth of anti-snoring device and surgery market in the upcoming years. According to Chinese Sleep Research Society, in 2016 around 300 million Chinese population was suffering from one or another type of sleep disorders. With the arrival of companies like VVFly that manufactured snoring aid called “Snore circle”, a positive market growth for this industry can be anticipated in China.
Major Market Players
Key players operating in this market are Airway Management Inc (U.S.), Sleeping Well, LLC (U.S.), Glaxosmithkline PLC (U.K), GE Healthcare (U.S.), (U.K.),Meditas Ltd (U.K.)The Pure Sleep Company (U.S.), Somnomed Limited (Australia), Apnea Sciences Corporation (U.S.), Theravent, Inc.(U.S.), ResMed, Inc (U.S.), and Sleep Well Enjoy Life, Ltd.
Global Anti-Snoring Devices and Snoring Surgery Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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