June 26, 2019
Global anti-snoring devices and snoring surgery market size is anticipated to reach over US $2,461 million by 2026, according to the latest research available at Market Study Report, report provides detailed segmentation of the anti-snoring devices and snoring surgery market based on device type, by surgical procedure and region.
Snoring is a common sleeping disorder caused by blockage in the nasal airway. It can be associated with nasal congestion, tonsil enlargement, or abnormal mouth anatomical structure, which narrows down the passage for air flow. Usage of sedatives, antidepressant drugs, smoking, obesity, alcohol consumption, and allergies are other causes for snoring.
According to the World Health Organization (WHO), about 100,000,000 people around the world are currently suffering from snoring, which usually affects individuals of ages 55-60 years. The American Sleep Association claims that approximately 50-70 million people in the U.S. have sleep ailments, out of which around 48% are diagnosed with snoring.
With increasing number of people suffering from snoring coupled with growing demand for affordable and user-friendly anti-snoring devices, the global anti-snoring devices & snoring surgery market will expand immensely over the forthcoming years. Anti-snoring devices are the key revenue generator for the market; however, more people are anticipated to undergo surgery to address this disorder.
Based on the surgery type, the global anti-snoring devices and snoring surgery market is categorized into laser-assisted uvulopalatoplasty, sclerotherapy, uvulopalatopharyngoplasty, radiofrequency ablation, pillar procedure, and others. Somnoplasty market is estimated to grow at the fastest rate owing to factors like low surgery cost, fewer complications, minimal invasion, and lesser pain compared to conventional surgical procedures.
Based on the device type, the global market is bifurcated into Nasal Dilator, Expiratory Positive Airway Pressure, Tongue Stabilizing Devices, Chin Strap, and Position Control. Among these segments, nasal products like nasal cones and strips are the most popular and widely used devices, due to the convenience and ease of use offered by them.
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North America is estimated to dominate the global anti-snoring devices and snoring surgery market owing to the high occurrence of snoring ailments in the region. According to American Sleep Foundation 2017, around 90 million people are estimated to be affected with one or more respiratory disorder that leads to snoring. With increasing incidences of snoring, the demand for devices and treatment is likely to increase, fueling anti-snoring devices and snoring surgery market size.
Key players in global anti-snoring devices and snoring surgery market includes Pure Sleep Co., Apnea Sciences Corp., SomnoMed Ltd., Meditas Ltd., Theravent, Inc., Tomed Dr. Toussaint Gmbh, Airway Management, Inc., Glaxosmithkline Plc, among others. The company profiles of leading players are summarized in the report alongside their business overview, product benchmarking, financials, and recent developments.
The report also offers an overview of global anti-snoring devices and snoring surgery market with respect to Porter’s five forces, market forces, industry trends, ecosystem analysis, competitive ranking analysis, and PEST analysis.