Market Research Report
Anti-Snoring Treatment Market Size By Devices, By Distribution Channel, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027
|Published by||Global Market Insights Inc.||Product code||1001594|
|Published||Content info||100 Pages
Delivery time: 2-3 business days
|Anti-Snoring Treatment Market Size By Devices, By Distribution Channel, Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027|
|Published: April 20, 2021||Content info: 100 Pages||
Anti-Snoring Treatment Market Size By Devices (Mandible Advancement Devices, Tongue Stabilizing Devices, Nasal Devices, Continuous Positive Airway Pressure Devices, Chin Straps), By Distribution Channel (Hospitals, Clinics, Retail Pharmacies, E-commerce), Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 - 2027.
The anti-snoring treatment market is expected to grow with a sizable CAGR by 2027 owing to changing consumer lifestyles, which have resulted in a rise in obesity and other health concerns. Additionally, increasing geriatric population, and escalating demand for anti-snoring devices, especially in developed and emerging economies, would also shape industry trends.
As there is no certain cure for snoring, consumers have been seen resorting to different types of anti-snoring devices to reduce or prevent snoring. Industry players offer a wide range of products that can help people stop snoring. Consumers get several options to choose from depending on their individual preferences.
The development of innovative and more comfortable anti-snoring devices is expected to boost the demand for the market in the following years.
The anti-snoring treatment market has been segmented based on device, distribution channel, and region.
Based on device, the tongue stabilizing devices sub-segment is projected to grow with a CAGR of 8.5% through the analysis period. A tongue stabilizing device is a simple, cost-effective and, non-invasive solution to snoring problem and sleep apnea.
The chin straps sub-segment is expected to grow steadily in the coming years due to the easy-to-use attributes of these products and the development of new, more comfortable chin straps by companies.
Based on distribution channel, the clinics sub-segment held a notable 17% share in the anti-snoring treatment market in 2020. The sub-segment is estimated to see sturdy growth in the coming years due to the easy availability of low-cost anti-snoring devices in clinics, contributing substantially to the growth of the global market.
Based on region, North America is expected to see considerable growth in the assessment period. The United States anti-snoring treatment market was valued at over USD 1.8 billion in 2020.
The presence of major players in the country, coupled with the rising obese population and increasing awareness regarding anti-snoring devices, is projected to drive the market growth in the North American region.
The anti-snoring treatment market in Latin America is also speculated to deliver notable gains by 2027 with a sizable CAGR, driven by the surge in the presence of market entrants along with established players in the region and the increased demand and availability of anti-snoring devices that are comfortable as well as affordable.
Researchers and companies have been focusing on developing more compact anti-snoring devices that can effectively prevent snoring.
Recently, Professor Joerg Steier of King's College London, a renowned sleep expert, has collaborated with Morgan Innovation & Technology to launch a crowdfunding initiative for an anti-snoring device named 'ZEUS.'
ZUES, which has been described as a sleek and non-invasive solution to stop snoring, targets the throat muscles that cause snoring. The device tightens the tongue muscle and keeps the airways open without disrupting the sleep of the user.
A 2020 paper titled 'The anti-snoring bed - a pilot study' published in Sleep Science and Practice studied the functioning of an anti-snoring bed. The researchers found that the bed was able to stop individual incidents of habitual snoring without compromising the subjective sleep quality.