Anti-snoring treatment market share by applications and regions for 2021- 2027

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anti-snoring treatment market trends research and
projections for 2021- 2027

• A research study conducted by Global Market
  Insights, Inc., suggests that anti-snoring
  treatment market is likely to exceed the 8.2
  Billion mark by 2027, in terms of revenue. The
  growing inclination towards unhealthy and
  sedentary lifestyles by individuals has resulted
  in obesity, which can be ranked as a leading
  cause for the development of snoring habits.
• As per the American Sleep Association, over 50 to
  70 million adults have acquired a sleep disorder
  and approximately 48 of the U.S. adults have
  reported snoring. This increasing patient pool
  has added positive impetus to the launch of
  advanced anti-snoring devices to cater to
  consumer requirements.

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• The inclining awareness regarding sleep disorders
  and their treatment methods has pushed solution
  providers in the industry to come up with
  advanced solutions and anti-snoring appliances.
  Furthermore, the anatomic abnormalities related
  to the throat and nose that lead to noisy
  breathing while sleeping will further bolster the
  adoption of anti-snoring devices, such as
  mandible advancement, nasal as well as continuous
  positive airway pressure devices.

• The growth is attributed to increasing adoption
  of nasal anti-snoring devices. In fact, the
  industry share from these devices reached USD
  665.8 million in 2020 owing to their higher
  abilities in relieving snoring. Dilators or nasal
  strips are used to keep nostrils open throughout
  the sleep of the individual. Increasing instances
  of snoring have paved the way for rising
  developments in these devices to offer effective
  treatment.

• Hospitals contributed to a revenue share of close
  to USD 900 million in 2020 due to the surge in
  the instances of patient visits opting for
  anti-snoring remedies at these facilities.
  Increasing awareness and higher product
  availability have resulted in rising promotion
  activities by industry participants in hospitals.
  The required education and information offered by
  the physicians on the use of devices has also
  stirred the preference for these settings.

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• Regional Analysis

• The anti-snoring treatment market in Asia Pacific
  is slated to record a 9.2 CAGR up to 2027 driven
  by the rising cases of obesity as well as the
  adaption of sedentary lifestyle patterns across
  the emerging economies. The rise in disposable
  incomes of the regional consumers has stirred the
  demand for advanced treatment therapies to tend
  to sleep disorders. This has led several
  established and start-up companies in the region
  to develop novel technologies to offer sleep
  monitoring and remedies for abnormalities.

• Competitive Analysis

• Some of the prominent companies operating in the
  anti-snoring treatment market include Philips
  Healthcare, SomnoMed, GlaxoSmithKline Plc, Airway
  Management, Tomed GmBH, ResMed, and Theravent
  among others. These industry leaders are adopting
  innovative technologies to cater to large unmet
  needs of the consumers.

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