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Global Anti-Snoring Devices Market Size Set to Grow at Significant CAGR of 8.15% Reaching USD 2.48 Billion by 2029
Global anti-snoring devices market is flourishing due to increasing awareness about the health risks associated with snoring, a growing prevalence of sleep apnea and related disorders, rapidly aging population, and the adoption of advancements in technology for non-invasive snoring solutions.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the global anti-snoring devices market size at USD 1.55 billion in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the global anti-snoring devices market size to grow at a significant CAGR of 8.15% reaching a value of USD 2.48 billion by 2029. Global anti-snoring devices market is primarily driven by increasing awareness about the health risks associated with snoring, the rising prevalence of sleep disorders, and a growing demand for non-invasive solutions to address snoring issues. Also, lifestyle factors such as obesity, stress, and sedentary habits contribute to the market's growth, as they are often associated with snoring. Technological advancements in anti-snoring devices, coupled with an increasingly aging population, further boost market expansion. The pursuit of better sleep quality and the desire for improved overall well-being are encouraging individuals to explore anti-snoring solutions, driving the market demand.
Anti-Snoring Devices – Overview
Anti-snoring devices are gadgets or solutions designed to alleviate or eliminate snoring, a common sleep disturbance. These devices work through various mechanisms, such as mandibular advancement devices that reposition the jaw, tongue stabilizing devices that keep the tongue in place, nasal dilators to enhance airflow, and positional therapy aids to encourage side-sleeping. Additionally, there are electronic devices, such as snore monitors and CPAP machines, for more severe cases of sleep apnea. While some devices can be effective in reducing snoring, their efficacy varies among individuals, and professional consultation is often recommended to determine the best solution for each snorer.
Impact of COVID-19 on Global Anti-Snoring Devices Market
COVID-19 pandemic significantly impacted the global anti-snoring devices market. Lockdowns, economic uncertainties, and reduced access to healthcare services led to a decline in the demand for these products. The postponement of elective surgeries also affected the sales of surgical anti-snoring devices. However, the market saw a shift towards online sales and increased interest in non-invasive, home-based solutions due to concerns about virus transmission in healthcare settings. While the market initially faced challenges, it eventually adapted to the new normal by focusing on digital marketing, telehealth consultations, and remote patient monitoring, showing resilience in a changing healthcare landscape.
Global Anti-Snoring Devices Market – By Surgical Procedure
By surgical procedure, global anti-snoring devices market is divided into Laser-assisted Uvulopalatoplast, Radiofrequency Ablation, Uvulopalatopharyngoplasty (UPPP), Injection Snoreplasty, Palatal Stiffening, and Sclerotherapy segments. The UPPP segment is the largest surgical procedure in the global anti-snoring devices market. The UPPP surgical procedure involves the removal of excess tissue from the throat to alleviate snoring. UPPP is a widely adopted and effective treatment for snoring, addressing the root causes of obstruction in the airway. While other methods like laser-assisted uvulopalatoplasty, radiofrequency ablation, injection snoreplasty, palatal stiffening, and sclerotherapy play important roles in treating snoring, UPPP remains the dominant segment due to its proven track record in providing significant relief from snoring issues.
Competitive Landscape
Global anti-snoring devices market is fiercely competitive. Major companies in the market include Apnea Sciences Corp., SomnoMed Ltd, Airway Management, Inc., ResMed Inc., Fisher & Paykel Healthcare Corp. Ltd, Koninklijke Philips NV, Sleep Well Enjoy Life Ltd, Tomed Dr. Toussaint GmbH, MEDiTAS Ltd, Rhinomed, Pure Sleep, LLC, SomnoMed, ZQuiet, DentCare Dental Lab Pvt Ltd, and VVFLY Snore Circle. These companies use various strategies, including increasing investments in their R&D activities, mergers, and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in global anti-snoring devices market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Anti-Snoring Devices Market. It also highlights the factors driving forecasts of total Market size. The report promises to provide recent technology trends in Global Anti-Snoring Devices Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.