(I-BusinessNews.Com, April 14, 2021 ) Anti-Snoring Devices and Snoring Surgery Market size was estimated at $1.2 billion in 2020, projected to grow at a CAGR of 7.8% during the forecast period 2021-2026. Vibrating tissue inside the airways of the nose and throat causes loud sounds and vibrations in the respiratory tract while sleeping, is known as snoring. It is caused by turbulent flow of air through narrowed airways. It is affected by sleeping position, blocked nasal airways, bulky throat tissue, poor muscle tone in throat and tongue, long soft palate and uvula, sleep deprivation, and by the use of drugs and alcohol. It is sometimes said to be the underlying medical problem. Loud snoring raises the risk of carotid atherosclerosis. It narrows the carotid arteries (that supplies blood to brain) caused by fatty plaque deposits and excessive plaque in carotid arteries cause stroke. The more and louder the human snores, the greater the long term chance of stroke. Snoring and sleep apnea are associated with health conditions like elevated blood pressure and coronary artery diseases. Both these conditions increases the risk of heart attack. This can be treated with CPAP device (continuous positive airway pressure). Long-term snoring increases the risk of Arrthymia, an irregular heart rhythm. People with long-term snoring are much prone to atrial fibrillation (AFib). It is a type of Arrthymia where the upper and lower chambers of heart don’t beat in a proper rhythm. Usage of CPAP device lowers the risk of AFib. In surgical procedures Laser-assisted uvulopalatoplasty (LAUP) is considered as most popular surgical procedure to eliminate snoring and is reported to be the most efficient procedure for snoring with 70%-85% clinical success rates.
Multiple sleep disorders are organised by American Sleep Disorders Association in the International Classification of Sleep Disorders and it is predicted that 57% of men and 40% of women in US are affected by snoring. Moreover, 27% of children are prone to snoring. Around 18.2% of females and 81.8% males have habitual snoring. According to it the primary disorders that require surgery are snoring and obstructive sleep apnea (OSA). The treatments for snoring are both surgical and non-surgical. Anti-snoring devices that falls under non-surgical treatments for snoring is poised to be the fastest-growing segment when compared to surgical procedures owing to its low cost and less invasive nature of the devices.
Anti-Snoring Devices and Snoring Surgery Market Segment Analysis – By Product
Based on type, Anti-Snoring Devices and Snoring Surgery Market is segmented into Nasal Devices, Oral Appliances, Chin Straps, Position Control Devices, Tongue-Stabilizing Devices (TSDs), EPAP Therapy Devices, CPAP Devices, and Others. Oral Appliances are further segmented into Mandibular Advanced Devices (MADS), Tongue-Retaining Devices (TRD) and Vestibular Shield. Nasal devices accounted for the largest revenue market share of Anti-Snoring Devices and Snoring Surgery Market in 2020 owing to their less invasive nature. Oral appliances are estimated to grow with the fastest CAGR of 8.8% in the forecast period 2021-2026 owing to its efficiency and being a safe and effective device for many snorers moreover, it reduces sleep apnea and daytime somnolence.
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Anti-Snoring Devices and Snoring Surgery Market Segment Analysis – By Surgery
Based on surgery, Anti-Snoring Devices and Snoring Surgery Market is segmented into Radiofrequency Ablation, Pillar Procedure (palatal Implant), Uvulopalatopharyngoplasty (UPPP), Maxillomandibular advancement (MMA), Injection Snoreplasty, Laser-assisted Uvulopalatoplasty (LAUP) and others. Radiofrequency Ablation also known as somnoplasty accounted for the largest revenue market share owing to its less invasive, less painful, lower cost and involvement of fewer complications in this type surgery. Palatal Stiffening Procedures are estimated to grow with the fastest CAGR of 8.4% in the forecast period 2021-2026 owing to its simple and safe procedure that avoids the need for multiple surgeries.
Anti-Snoring Devices and Snoring Surgery Market Segment Analysis – By Geography
Based on Geography, North America Anti-Snoring Devices and Snoring Surgery Market accounted for the 39.3% revenue share in 2020. This is majorly attributed to the increasing awareness, high disposable income in the region and growing geriatric population coupled with presence of huge number of players in this region. Asia-Pacific is predicted to be the fastest-growing region during the forecast period 2021- 2026 owing to large number of untreated individuals with snoring condition in this region, establishments of new healthcare centres coupled with increasing spending in healthcare segment and development of government initiatives.
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Anti-Snoring Devices and Snoring Surgery Market Drivers
Increasing Awareness Regarding Treatment Options for Snoring:
The growing awareness among dentists and patients on the usage of oral appliances, anti-snoring devices and anti-snoring surgeries fuels the Anti-Snoring Devices and Snoring Surgery market growth. Moreover, oral appliances being the first line of treatment for snoring fuels the product demand. In addition to this, the unexplored market for anti-snoring devices and snoring surgery industry in emerging economies provides ample prospects for global anti-snoring devices and snoring surgery market. The innovative research and development facilities and innovative product developments by the companies creates abundant opportunities for the growth of global anti-snoring devices and snoring surgery market.
Increasing Geriatric Population:
Increasing geriatric population along with rise in obesity rates owing to the sedentary lifestyle is anticipated to drive the anti-snoring devices and snoring surgery market. Furthermore, the prevalence of elderly population are most vulnerable to snoring and increasing cigarette and alcohol consumption being a vital cause of snoring boosts the industry growth.
Anti-Snoring Devices and Snoring Surgery Market Challenges
Discomfort of Oral Appliances and Side Effects of Surgery:
Oral appliances often cause discomfort, excessive salivation or mouth dryness and give a foreign body sensation restricting the product usage. Also, according to the surveys, some people may experience infection owing to the elongated usage of such product further limiting the market growth in the forecast period 2021-2026. TRD is one such appliance that creates soreness and feels discomfort. MAD is another device that is not suitable for people with strong gag reflex or the one’s that cannot sleep with a device in their mouth as it causes acute pain in face and jaw in the initial days. Moreover, the custom made MAD by a dentist is much expensive and these devices need to be replaced every 18 months. Most of the side effects caused by surgery lasts only for a week after surgery, but some of them can be more long-lasting which includes dryness in mouth, nose, throat, sometimes snoring still continues, long-lasting discomfort, trouble in breathing, change in voice and some of them experience severe pain and fever after surgery that hinders the market growth.
High Cost of Surgeries:
The high cost of surgeries and custom-made oral appliances coupled with social humiliation are the factors hampering the market growth. In addition, lack of reimbursement and insurance policies are poised to further restrain the industry growth.
Anti-Snoring Devices and Snoring Surgery Industry Outlook:
Product launches, mergers and acquisitions, joint ventures and geographical expansions are key strategies adopted by players in the Anti-Snoring Devices and Snoring Surgery Market. Anti-Snoring Devices and Snoring Surgery Market top 10 companies are Glaxosmothkline PLC, Somnomed Ltd., The Pure Sleep Company, Innovative Health Technologies Ltd., Meditas Ltd., Apnea sciences Corporation, Airway Managemnt Inc., Sleeping Well LLC., Tomed Dr. Toussaint Gmbh. and Theravent Inc.
Acquisitions/Product Launches:
In August 2019, GSK has announced that it has completed its transaction with Pfizer to form a leading consumer healthcare business in to a world-leading joint venture.
Key Takeaways
Geographically, North America Anti-Snoring Devices and Snoring Surgery Market held the largest revenue share of 39.3% in 2020 owing to the highest disposable income and growing geriatric population in this region.
Detailed analysis on the Strength, Weakness and Opportunities of the prominent players operating in the market is provided in the Anti-Snoring Devices and Snoring Surgery Market.
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