Saudi Arabia Anti-Snoring Devices Market Overview, 2028
Saudi Arabia anti-snoring market is growing at an excellent rate because of its one of the best performing healthcare systems in the Middle East. Saudi Arabias universal healthcare system covers a major portion of the population because of high spending on healthcare and one of the best healthcare facilities and infrastructure in the Middle East, backed by high spending on healthcare. Saudi Arabia spends about 6 percent of its total GDP on healthcare. The Kingdom, represented by the Ministry of Health, provides an intertwined network of health care services covering all regions of the Kingdom. The health care in the government medical installations is handed out for free to citizens and grounded in a new health strategy that meets the requirements of the health sector. Saudi Arabia's medical devices market is the biggest in the MENA region, with stable demand. The majority of Saudi Arabia's population snores, especially men. The majority of Saudi Arabia's population is suffering from cardiovascular disease, and obesity is also a major issue among Saudi patients. It could be a growth factor for Saudi Arabia's anti-snoring market, and this disease has high mortality rates. In 2020, Saudi Arabia will spend 25 to 35 percent of its total healthcare budget on diabetes, obesity, and cardiovascular diseases, so there is a good opportunity because the country has good spending power and awareness of health; it might grow at a profitable CAGR, furthermore. There are very few businesses that are developing devices for anti-snoring because many of the businesses are making single-use plastic devices. increasing budget allocation for the healthcare sector and ongoing healthcare development projects have played a pivotal role in the continued growth. There are only a few medical device manufacturers in Saudi Arabia, which is not enough to fulfil demand, so Saudi Arabia imports medical devices from other countries.
According to the research report ""Saudi Arabia Anti-Snoring Market Overview, 2028,"" published by use andBonafide Research, the Saudi Arabia Anti-Snoring market size more than USD 10.5 Million by 2028. The market is divided into mandibular advancement devices, nasal devices, position control devices, chin straps, EPAP/CPAP, and tongue stabilizing devices & several other devices based on product type. During the forecast pchindstraps Straps had the largest market share. Chin straps are a popular anti-snoring device inArabia arabia because they are easy to wear(use) & easy solution for the majority of the population. In the Saudi arabia, EPAP have a highest CAGR because Saudi people’s have great spending power as so they prefer EPAP even after being expensive. Saudi arabia is developed country & it is largest economy of middle east & has advantage of chossing which device to buy because numerous countries( USA, china, japan & European countries) are supplying anti-snoring devices to Saudi Arabia. Hospitals have the largest request share for the distribution of anti-snoring devices because Saudi Arabia has affordable and high-quality public healthcare for consulting, but chronic disease and treatment costs are in the blue sky zone. Hospitals are the primary source of opinion and treatment for sleep diseases, including snoring, sleep apnea, and several other conditions (about 60% of hospitals are public hospitals). E-commerce has the highest CAGR for the distribution of anti-snoring devices because of good internet availability and infrastructure. & while local manufacturing is more complicated than importing because of less R&D facility & less manufacturing. Noon.com is an online retailer that sells anti-snoring devices. Aliexpress, Amazon, Ebay, Walmart, Magento Enterprises, Four Seasons Pharmacy, Medisouq, Kulud Pharmacy, BinSina, Al Daawa Pharmacy, and Al-Mutawa Pharmacies are e-commerce and e-pharmacy chains in Saudi Arabia.
In Saudi Arabia, there are few medical device manufacturers: Medglories (Medicine Glories Medical Co., Ltd.), Al-arkan Scientific & Medical Company, etc., but at present they are not sufficient to fulfil demand, and Saudi imports medical devices (including anti-snoring devices) from other countries. Saudi Arabia is the largest economy and the largest healthcare spender in the Middle East and Africa region. The medical device market is highly price sensitive in Saudi Arabia, and Saudi Arabia imports the majority of medical devices from the USA, China, Germany, and Japan.
Considered in this report
Geography: Saudi Arabia
Historic year: 2017
Base year: 2022
Estimated year: 2023
Forecast year: 2028
Aspects covered in this report
Saudi Arabia's anti-snoring market with its value and forecast, along with its segments
Various drivers and challenges
On-going trends and developments
Top-profiled companies
Strategic recommendation
By Product Type:
Mandibular Advancement Device
Nasal Device
Position Control Device
Chin Straps
EPAP/CPAP
Tongue stabilising and others
By Distribution Channel:
Hospitals
Clinics
Retail Pharmacies
E-commerce
Others
The approach of the report is
This report is the result of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this, we have started making primary calls to consumers by equally segmenting them by regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations and organisations related to the anti-snoring device industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing and presentations, it will also increase competitive knowledge about the industry.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook