The anti-snoring devices market has witnessed significant growth over the past few years owing to the growing awareness regarding the ill-effects of loud snoring and obstructive sleep apnea. Anti-snoring devices help keep airways open during sleep and reduce or stop snoring. Some of the commonly used anti-snoring devices include oral appliances, nasal devices, position control devices, chin straps, etc. Oral appliances are the most popular type and work by advancing the jaw and tongue to open the airways. The growing incidences of obesity, increasing time spent on screens before bedtime, and rising consumption of alcohol are some of the key factors augmenting the demand for anti-snoring devices
The Anti-Snoring Devices Market is estimated to be valued at USD 1.6 Bn in 2024 and is expected to reach USD 2.58 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.
Key Takeaways
Key players operating in the Anti-Snoring Devices are ResMed,Koninklijke Philips NV,SomnoMed,Fisher & Paykel Healthcare Limited,GSK plc..
Key opportunities in the market include expanding into developing economies and launch of technologically advanced products. Rising disposable incomes and growing awareness about ill-effects of snoring in developing countries will drive the demand for anti-snoring devices.
Technological advancements are also supporting the growth of anti-snoring devices market. Integration of sensors, connectivity, and AI capabilities in oral appliances help improve efficacy through monitoring, customized therapy, and remote monitoring. The introduction of comfort-focused designs and new materials is driving adoption.
Market Drivers
The rising prevalence of obesity and lifestyle diseases associated with snoring such as sleep apnea is a key factor driving the anti-snoring devices market growth. According to WHO, more than 1.9 billion adults were overweight in 2016, of which over 650 million were obese. Obesity is a major risk factor associated with snoring.
Additionally, growing awareness about ill-effects of snoring through social media and healthcare campaigns along with increased social acceptance of snoring issues are augmenting the demand for anti-snoring devices. Availability of over-the-counter anti-snoring aids and teeth grinding guards is also propelling the market
Current Challenges in Anti-Snoring Devices Market
The anti-snoring devices market continues to face multiple challenges that act as roadblocks for higher adoption. Lack of awareness about effective treatment options for snoring despite the overall negative health impacts is a major challenge. Many people still consider snoring as a casual issue rather than a symptom that needs medical attention. Non-compliance to regular usage of prescribed anti-snoring devices is another challenge. Devices like oral appliances require users to wear them every night for desired results but poor compliance limits their long-term effectiveness. Uncomfortable fittings, side effects like excessive salivation and jaw pain also contribute to low compliance rates over time.
SWOT ANALYSIS
Strength: Wide range of FDA-approved product offerings ranging from simple mouthpieces to complex surgeries. Growing research on developing more effective and comfortable devices.
Weakness: High dependency on prescription and compliance from users. Side effects and discomfort associated with some devices.
Opportunity: Rising awareness about negative health effects of loud and chronic snoring. Expanding application of digital technologies like sensors and apps. Growing geriatric population susceptible to snoring.
Threats: Alternative treatments like lifestyle changes, weight loss that can reduce snoring naturally. Economic slowdowns impacting discretionary healthcare spends.
Geography: North America currently accounts for the largest share of the global anti-snoring devices market in terms of value owing to presence of major players, growing adoption and favorable reimbursement policies.
Asia Pacific is expected to witness the fastest growth during the forecast period driven by expanding healthcare infrastructure, rising medical tourism and growing health awareness in major markets like India and China.
What Are The Key Data Covered In This Anti-Snoring Devices Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the Anti-Snoring Devices’s growth between 2024 and 2031.
:- Accurate calculation of the size of the Anti-Snoring Devices and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- Anti-Snoring Devices Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market’s competitive landscape, as well as extensive information on vend
FAQ’s
Q.1 What are the main factors influencing the Anti-Snoring Devices?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top Anti-Snoring Devices companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the Anti-Snoring Devices’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
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*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile
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