Anti-snoring Treatment Market Share 2019 Global Industry Growth, By Type, Regional Statistics, Revenue, Forecast 2025
Market Study Report LLC recently added a new title on 2019-2025 Global Anti-snoring Treatment Market Report from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2025.
Delaware, Selbyville – August 20, 2019 /MarketersMedia/ —
Anti-snoring surgery market is projected to witness over 3.5% CAGR during the forecast timeframe. Surgical procedure such as uvulopalatopharyngoplasty (UPPP) remains effective for a period of about 36 months. UPPP is a widely performed surgical procedure for anti-snoring treatment. Moreover, developments in the procedure using technologically advanced devices will spur the segmental growth in the upcoming years.
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Global Anti-snoring Treatment Market will reach over USD 18.0 billion by 2025; as per a new research report. Growing prevalence of sleep disorders such as sleep apnea and periodic limb movement disorder will expand the global anti-snoring treatment market growth over the forthcoming years. The condition called obstructive sleep apnea (OSA) is associated with snoring and its incidence rate is higher compared to other conditions. OSA requires timely treatment. Thus, growing incidence of such disorders will escalate the demand for anti-snoring devices over the forecast timeframe.
Increasing pervasiveness of obesity, allergies as well as growing adoption of unhealthy habits such as smoking, and alcoholism are the foremost risk factors for snoring. According to the World Health Organization, in 2016, about 650 million adults were obese. The prevalence has increased by about three-fold since 1975. Furthermore, aging increases the risk of snoring and thus, robustly rising geriatric population base should boost the adoption of anti-snoring devices and surgery over the coming years.
China held over 20% revenue share of Asia Pacific anti-snoring treatment market in 2018 and is projected to grow at considerable pace during the forecast timeframe. Growing baby boomer population will act as a major growth factor, thereby highly impacting the market growth. In addition, adoption of technologically advanced procedures and devices along with rising awareness of various anti-snoring devices will stimulate China anti-snoring treatment market growth over the foreseeable future.
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Anti-snoring treatment in clinics accounted for USD 2.4 billion in 2018 and is anticipated to grow rapidly over the coming years. Easy availability of various oral anti-snoring devices suitable to patients according to their physiological features and high accessibility of clinics will aid the segmental growth. Moreover, expanding number of private clinics, especially in emerging economies will offer lucrative growth opportunities for the clinics segment growth.
Few notable companies operating in the global anti-snoring treatment market are Theravent (Foundation Care), Resmed, The Pure Sleep Company, Apnea Sciences Corporation, SomnoMed, Meditas and Airway Management, among others. Industry players are concentrating on various strategies for expansion and development of anti-snoring treatments such as product launch, acquisitions and mergers to broaden customer base as well as their product offerings.
Table of Content:
Chapter 1. Methodology
Chapter 2. Executive Summary
Chapter 3. Anti-snoring Treatment Industry Insights
Chapter 4. Anti-snoring Treatment Market, By Type
Chapter 5. Anti-snoring Treatment Market, By Distribution Channel
Chapter 6. Anti-snoring Treatment Market, By Region
Chapter 7. Anti-snoring Treatment Market Company Profiles
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