Global Anti-snoring Devices and Snoring Surgery Market will increase CAGR by 11.0% Annually till 20
Posted: Jul 12, 2017
Zion Market Research has published a new report titled "Anti-snoring Device and Snoring Surgery Market by Device Type (Mandibular Advancement Devices, Tongue Stabilizing Device, Continuous Positive Airway Pressure Devices and Others) for Somnoplasty, Uvulopalatopharyngoplasty Surgery, Tonsillectomy and Adenoidectomy Surgery, Maxillo-mandibular and Genioglossus Advancement Surgeries, Radiofrequency Ablation Surgery, and Others - Global Industry Perspective, Comprehensive Analysis and Forecast 2016 – 2022". According to the report, the global anti-snoring device and snoring surgery market accounted for USD 814.2 million in 2016 and is expected to reach approximately USD 1522.9 million by 2022, growing at a CAGR of around 11.0% between 2016 and 2022.
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Snoring is common sleep disorders resulting from repetitive narrowing and collapsing of the upper airway. Untreated snoring is associated with multiple adverse health outcomes including systemic hypertension, coronary artery disease, stroke and atrial fibrillation. Snoring is also considered as a significant social problem and contributes to decreased quality of life for bed partners through disrupted sleep. Treatment of snoring is done either by anti-snoring devices or by doing an appropriate surgery. Common surgery includes uvulopalatopharyngoplasty surgery, tonsillectomy and adenoidectomy surgery, maxillo-mandibular and genioglossus advancement surgeries, radiofrequency ablation surgery.
The global anti-snoring device and snoring surgery market were expected to witness the highest growth during the forecast period this is due to raise awareness in developed countries of North America and Europe about the ill effects caused by snoring and benefits of associated treatments. In addition, recently increase in cigarette smoking and alcohol consumption which majorly drive the growth of anti-snoring devices and snoring surgery market. Moreover, rising geriatric and obese population is also the factors which directly responsible for fueling the growth of anti-snoring device and snoring surgery market. In addition, technological advancements in anti-snoring devices will probably increase the demand for anti-snoring devices and snoring surgery market. However, the high cost of anti-snoring devices and snoring surgery may act as a restraint on the growth of anti-snoring devices and snoring surgery market. Nonetheless, untapped market of developing countries of Asia Pacific and Africa is considered as major upcoming opportunities for the growth of global anti-snoring device and snoring surgery market.
Based on device type, the global market of anti-snoring devices and snoring surgery is bifurcated into four types: mandibular advancement devices, tongue stabilizing device, continuous positive airway pressure devices and others. In terms of revenue, continuous positive airway pressure therapy (CPAP) is the dominating segment in anti-snoring devices and snoring surgery market in 2016. Continuous positive airway pressure therapy (CPAP) uses as a machine which is used to help a person who has obstructive sleep apnea. CPAP helps in breathing more easily while sleeping. A CPAP machine increases air pressure in your throat so that your airway does not collapse when you breathe in. While sleeping CPAP, your bed partner may sleep better, too. Effect of transformation can be seen starting from the first night.
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Based on surgery type, the global market of anti-snoring devices and snoring surgery is segmented into five types: uvulopalatopharyngoplasty surgery, tonsillectomy and adenoidectomy surgery, maxillo-mandibular and genioglossus advancement surgeries, radiofrequency ablation surgery, and others. Snoring devices contributes to high growth in the market. The growth is attributed due to the low cost of these devices as compared to surgical procedures, less insidious nature of these devices and aggressive advertising of these devices. In surgery, somnoplasty is estimated to be the fastest-growing segment. The factors include, such as low cost, reduced surgical trauma, less invasive, and chances of fewer complications in comparison to the traditional surgery procedures.
In terms of geography, North America was the leading market for the anti-snoring device and snoring surgery in 2016 in terms of revenue due to the development of novel anti-snoring devices in the healthcare market. In addition increase number of geriatric population in North America and Europe serves as a major driving factor for the growth of anti-snoring device market in this region. Moreover, anti-snoring devices and snoring surgery market has the huge opportunity in emerging market of Asia Pacific due to the rise in awareness and increase the disposable income of individuals.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global anti-snoring devices and snoring surgery market include Sleeping Well, LLC, Apnea Sciences Corporation, The Pure Sleep Company, Somnomed Limited, Airway Management Inc., Theravent, Inc., Tomed Dr. Toussaint Gmbh, GlaxoSmithKline, PLC and Meditas Ltd.
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This report segments the global anti-snoring device and snoring surgery market as follows:
Global Anti-snoring Devices and Snoring Surgery Market: Device Type Analysis
- Mandibular Advancement Devices,
- Tongue Stabilizing Device,
- Continuous Positive Airway Pressure Devices
Global Anti-snoring Devices and Snoring Surgery Market: Application Analysis
- Uvulopalatopharyngoplasty Surgery
- Tonsillectomy and Adenoidectomy Surgery
- Maxillo-mandibular and Genioglossus Advancement Surgeries
- Radiofrequency Ablation Surgery
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Global Anti-snoring Devices and Snoring Surgery Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East And Africa
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Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private