Anti-Snoring Market - Growth, Trends, COVID-19 Impact, and Forecast (2022 - 2027)

Anti-Snoring Market - Growth, Trends, COVID-19 Impact, and Forecast (2022 - 2027)

The global anti-snoring market is expected to register a CAGR of nearly 10.60% during the forecast period (2022-2027).

The emergence of COVID-19 has a significant impact on the devices used in anti-snoring. For instance, there was an increased demand for CPAP machines during the outbreak of COVID-19. As per a study titled, ''A systematic review of COVID-19 and obstructive sleep apnoea'', published in September 2020, obstructive sleep apnea may increase the risk of morbidity and mortality associated with COVID-19. Thus, such instances are expected to positively impact the demand for anti-snoring devices. Additionally, in 2020, the study was published in the journal Sleep Medicine Reviews, in which the University of Warwick scientists reviewed 18 studies into obstructive sleep apnea and coronavirus. The study reported that those who suffer from sleep apnea, which causes snoring and choking when the throat muscles relax and temporarily block the airway during sleep, are at greater risk of being hospitalized or dying from the coronavirus. In addition, the condition is most common in people with diabetes, obesity, or high blood pressure, which also increases the risk of COVID-19. Therefore, it is observed that COVID-19 has a positive impact on the market studied.

An increase in obesity and the geriatric population, increasing smoking and alcohol consumption, technological advancements in anti-snoring devices, and increased awareness among the people are the key factors responsible for the growth of the market.

Weight gain is a major contributor to the habit of snoring because the peculiarities in weight gain affect the elderly population. According to a study titled, ''Obesity Prevalence in the Long-Term Future in 18 European Countries and in the USA'', published in October 2020, obesity is expected to reach maximum levels between the years 2030 and 2052 among men and women in the year 2026 and 2054. The Netherlands, the United States, the United Kingdom, and Switzerland are likely to hit these maximum levels first. Thus, this rising burn of obesity among people is expected to boost the market growth over the forecast period.

Furthermore, the increasing geriatric population is also expected to contribute tremendously to market growth. As per the data published by World Bank in the year 2021, there was around 10% of the global population aged 65 years and older as of the year 2021. The data also suggests that this number will increase in the future. Thus, the aforementioned factors indicate that the increasing geriatric population and the rise in obesity are among the major factors for the growth of the anti-snoring market globally.

However, high cost associated with custom made oral devices and social stigma associated with snoring are some of the factors that can hinder the market growth globally.

Key Market TrendsThe Continuous Positive Airway Pressure (CPAP) Devices Sub-segment is Expected to Hold the Largest Market Share in the Devices Segment

In the devices segment of the anti-snoring market, the continuous positive airway pressure (CPAP) devices sub-segment is believed to have the largest market size. Amidst this pandemic situation, the demand for CPAP machines and masks is expected to rise since CPAP devices have shown beneficial effects on managing the symptoms of COVID-19, such as ease of breathing. As per a study titled ''CPAP management of COVID-19 respiratory failure: a first quantitative analysis from an inpatient service evaluation'', in 2020, CPAP was found to be a potential tool in the treatment of early-stage COVID-19 patients.

Continuous positive airway pressure (CPAP) devices are used in airway blockages to open up the blocked airways by pushing air into them. The CPAP has a pump that controls the air pressure in the system and consists of a tube carrying air toward the mask attached to the nose and mouth. CPAP devices help ease the functioning of the airway and help the person get a night of sound sleep, increasing their demand.

The companies are constantly engaged in the development of CPAP products via product innovation, mergers, acquisition, etc., to grow their presence in the market. This is expected to accelerate the market growth. For instance, in September 2020, CPAP Store USA, one of the pioneers in CPAP machines, introduced its own CPAP Store USA brand. It is a retail store that will be selling its products, including CPAP wipes, CPAP tubing, CPAP Filters, Chinstraps, CPAP machine travel bags and backpacks, and others.

In June 2019, InnAccel introduced SAANS, a CPAP system in the market. It is the world’s first infrastructure-independent, portable, and neonatal CPAP system that provides constant air flow, preventing the airway from collapsing. Also, it eliminates the vibration of tissue that causes snoring. Hence, CPAP devices are expected to experience growth over the forecast period.

North America Dominates the Market and is Expected to do Same During the Forecast Period

North America currently dominates the anti-snoring market, and it is expected to continue its stronghold for a few more years. With the emergence of COVID-19, the market is expected to observe a positive impact. The study published in the American Journal of Respiratory and Critical Care Medicine, 2020, identified sleep apnea as one of the risk factors among COVID-19 patients. Such studies indicate the need for anti-snoring devices among these patients, as snoring is often associated with sleep apnea.

According to the data of Sleep Foundation, in the United States, in 2019, about 57% of the men and 40% of the women were living with the snoring condition. Furthermore, the rising obese population and the elderly population are also expected to fuel the market studied. According to the Centre for Disease Control and Prevention, 2019, the United States obesity rate was accounted to be approximately 42.4%, an increase of 26% since 2008. Thus, the rising patient population is boosting the regional market growth.

However, owing to new technologies that are constantly being developed pertaining to the market, the diagnosis of these snoring diseases has been effective, and treatments are proving to be more helpful to patients. Thus, the rising awareness among patients regarding the effectiveness of anti-snoring devices and surgeries, and the easy availability of advanced detecting procedures across the world, are resulting in the increased demand for anti-snoring devices and surgeries.

Competitive Landscape

The anti-snoring market is majorly fragmented with several major players. In terms of market share, a few of the major players currently dominate the market. However, with technological advancement and product innovation, mid-size to smaller companies are increasing their market presence by introducing new ingredients at lower prices. Companies, like Fisher & Paykel Healthcare Limited, Koninklijke Philips NV, ResMed, ASF Medical GmbH (Tomed GmbH), and Apnea Sciences, hold a substantial market share in the global anti-snoring market.

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