Report Format: PDF
Published Date: Oct-2018 | 180 Pages | Report ID: VSR00995
The Global Anti-snoring Treatment Market Size was valued at USD xx.xx billion in 2017 and is anticipated to cross USD 13.76 billion throughout the forecast timespan. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 6.41% during the forecast period that is 2017-2025. The rapidly development activities in healthcare sectors, awareness about personal health, technological advancements and increasing investment in R&D activities by major industry vendors and players will propel the growth of global market throughout the forecast timeframe. The technological advancement is the major factor will play significant role in global market in coming years. Such advancements will escalate the adoption rate of anti-snoring devices, thereby stimulating the industry growth.
Global Anti-snoring Treatment Market Size, Share Analysis, By Region 2017 -2025
Segment Analysis
The market is segmented on the basis of anti-snoring treatment type, vehicle type, and geography. Anti-snoring treatment type segment is further bifurcated into device type device - mandible advancement devices, tongue stabilizing devices, nasal devices, continuous positive airway pressure devices, chin straps. Surgery type segment is divided into surgery type uvulopalatopharyngoplasty, tonsillectomy, pillar procedure, radiofrequency palatoplasty. The distribution channel are play very significant role for this industry that are hospitals, clinics, retail pharmacies, E-commerce and others. The geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America is divided into U.S, Canada, and Mexico, whereas Europe is classified into Germany, France, Italy, U.K., and Rest of Europe. Asia-Pacific is further bifurcated into China, Australia, Japan, India, and Rest of Asia-Pacific. Latin America, Middle East, and Africa are considered under LAMEA.
Regional Analysis
Basis on demography analysis, the global anti-snoring treatment market has been segmented into North America, Asia-Pacific, Europe, South America, Russia, Middle East and Africa. Among these regions, Asia Oceania is projected to be the fastest growing region for anti-snoring treatment throughout the forecast period due to strong economic growth, rapid industrialization, growing purchasing power, and the region has emerged as a hub for automobile industry. These factors are projected to drive the anti-snoring treatment market in this region in coming years due to increased infrastructure in this region due to rise investment from government, emerging economies such as India, China, Japan, and Others, presence of major key players as well as regional vendors and research & development. India anti-snoring treatment market will register robust growth during the analysis timespan.
In the global anti-snoring treatment market North America was the largest shareholder and generated more than half of the demand in overall global market in 2018 and is projected to its continue impact on the worldwide market during the forecast period due to increasing number of baby boomers and rising obese population, matured economies, presence of major industry players, high investment in R&D in the Healthcare and Medical Devices sector and government support. The U.S. anti-snoring treatment market is estimated to cross USD xx.xx billion by 2025 with healthy CAGR in coming years.
Key Players Landscape
Some of the major key vendors operating in the global market that are AccuMED Corp, Apnea Sciences, Fisher & Paykel Healthcare Limited, Koninklijke Philips NV, Meditas, ResMed, SomnoMed, The Pure Sleep Company, Tomed GmbH, Whole You Inc., Sleeping Well, LLC, Airway Management Inc., Theravent, Inc., Glaxosmithkline, PLC. Industry players are implementing strategies such as expanding distributional channels in untapped locations, collaborations and new product launches to garner higher revenue shares and sustain in the industry.
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