Latest Market Study | Anti-Snoring Devices Market Size, Share, Trends, Industry Analysis & Forecasts, 2023-2030
The global anti-snoring devices market is expected to reach US$ 1,026.1 million by 2030, with an annual growth rate of more than 6.5%.
Wilmington, Delaware, Nov. 10, 2023 (GLOBE NEWSWIRE) -- According to RationalStat’s most recent industry analysis, the Global Anti-Snoring Devices Market value is estimated at US$ 660.3 million in 2023 and is expected to rise at a strong CAGR of over 6.5% over the forecast period of 2023-2030.
Market Definition, Market Scope, and Report Overview
Anti-snoring devices are specialized gadgets that aid in the reduction or elimination of snoring during sleep. Snoring is induced by the vibration of respiratory structures caused by blocked air circulation while sleeping. Anti-snoring devices are designed to address the underlying reasons for snoring, such as nasal congestion, relaxed throat muscles, or sleeping positions that are uncomfortable.
Snoring is a widespread condition that affects a large section of the world's population. As public knowledge of the negative impacts of snoring on sleep quality and overall health grows, so does the need for anti-snoring equipment.
According to a deep-dive market assessment by RationalStat, the global Anti-Snoring Devices market has been analyzed on the basis of market segments, including source, application, end user, and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.
Market intelligence for the global Anti-Snoring Devices market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.
In addition, the long-term sector and products/services 10-year outlook and its implications on the global Anti-Snoring Devices market. It also includes the industry's current state – Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.
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Global Anti-Snoring Devices Market: Segmental and Market Share Analysis
On the basis of type, the mouthguard segment dominated the global anti-snoring devices market. It is also expected to remain dominant throughout the forecast period.
On the basis of end user, the homecare segment is anticipated to continue its dominance during the forecast period owing to a rise in the number of people seeking snoring relief from home due to convenience and comfort.
Report Synopsis
Report Metrics | Details |
Base Year | 2023 |
Forecast Period | 2023-2030 |
Base Year Market Size | US$ 660.3 million |
Market Size Forecast | US$ 1,026.1 million |
Growth Rate | 6.5% |
Dominant Segment | Mouthguard |
Dominant Region | North America |
Key Market Drivers |
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Companies Profiled |
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Competition Analysis and Market Structure
Some leading players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global anti-snoring devices market include.
In December 2021, AppYea – one of the leading medical device technology companies, announced the deemed completion of its previously announced acquisition of SleepX, an innovative medical device company focused on the development of SleepX’s flagship product DreamIT – an uncompetitive accurate wearable monitoring solution to treat sleep apnea and snoring and fundamentally improve quality of life.
Some of the prominent players and suppliers operating and contributing significantly to the global anti-snoring devices market growth include Endo Pharmaceuticals Inc., KARL STORZ SE & Co. KG, Lumenis., Olympus Winter & IBE GMBH, Urologix, LLC., Boston Scientific Corporation, LISA Laser USA, ProArc Medical, Urovision-Urotech, Teleflex Incorporated, Richard Wolf GmbH, biolitec AG, Coloplast Corp, Nozovent, SnoreRx, LLC, and Snoring Solutions, Inc., among others.
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RationalStat has segmented the global anti-snoring devices market based on type, distribution channel, end user, and region
Global Anti-Snoring Devices Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Type
Oral Appliances
Mandibular Advancement Devices (MADs)
Non-custom MADs
Custom-made MADs
Tongue-retaining Devices
Nasal Devices
Position Control Devices
Chin Straps
Mouthguard
Tongue-stabilizing Devices
Expiratory Positive Airway Pressure (EPAP) Therapy Device
Global Anti-Snoring Devices Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Distribution Channel
Online
Offline
Pharmacies and Retail Stores
Medical Supply Stores
Hospitals
Global Anti-Snoring Devices Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User
Individual
Hospitals and Clinics
Home Care Settings
Sleep Centers
Others
Global Anti-Snoring Devices Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
North America Anti-Snoring Devices Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
US
Canada
Latin America Anti-Snoring Devices Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
Brazil
Mexico
Rest of Latin America
Western Europe Anti-Snoring Devices Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
Germany
UK
France
Spain
Italy
Benelux
Nordic
Rest of Western Europe
Eastern Europe Anti-Snoring Devices Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
Russia
Poland
Hungary
Other CIS Countries
Rest of Eastern Europe
Asia Pacific Anti-Snoring Devices Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
China
Japan
India
South Korea
Australia
ASEAN
Indonesia
Thailand
Philippines
Vietnam
Malaysia
Rest of ASEAN
Rest of Asia Pacific
Middle East & Africa Anti-Snoring Devices Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Country
GCC
Saudi Arabia (KSA)
United Arab Emirates (UAE)
Rest of the GCC
South Africa
Nigeria
Turkey
Rest of the Middle East & Africa
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Key Questions Answered in the Anti-Snoring Devices Report:
What will be the market value of the global Anti-Snoring Devices market by 2030?
What is the market size of the global Anti-Snoring Devices market?
What are the market drivers of the global Anti-Snoring Devices market?
What are the key trends in the global Anti-Snoring Devices market?
Which is the leading region in the global Anti-Snoring Devices market?
What are the major companies operating in the global Anti-Snoring Devices market?
What are the market shares by key segments in the global Anti-Snoring Devices market?
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Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
Defining the problem by understanding the type of market and data required by the client.
Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
Evaluating and analyzing the data by referring to data sources utilized and leveraged.
Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.
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RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
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