Anti-snoring Devices and Snoring Surgery Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2020 to 2025

Published on : Nov-2019 | List of Tables : 73 | List of Figures : 5 | No. of Pages : 170 | Report Code : FACT4322MR | Format : ppt pdf Excel Word

Increasing Incidence of Sleep Apnea Argues Well for Sales of Anti-snoring Devices

The rising incidence of sleep apnea has inadvertently led to a surge in sleep labs and companies foraying into the highly lucrative space of sleep aid. The advent of anti-snoring devices as potent instruments to treat sleep apnea has been a significant thrust to the market share of players. The sales of anti-snoring devices are significantly higher than the revenue generated by snoring surgeries, and in the future, the revenue gap between these two treatment methodologies is projected to grow even wider. On the back of these factors, Fact.MR projects the anti-snoring devices segment to advance at a CAGR of ~4% during the forecast period (2020-2025), while the projected growth pace of the snoring surgery market will be tantamount to ~3% during the same timeframe.

anti snoring devices and snoring surgery market analysis

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Underlying Drivers Catapulting Demand for Anti-snoring Devices

Anti-snoring devices serve as an effective first-line of treatment for sleep disorders. Manufacturers are extending their efforts towards the development of consumer-friendly devices, which has been providing them with the advantage of a diversified product portfolio. Given the discomfort associated with the use of these devices, manufacturers are constantly striving to work on the convenience and portability features of these devices.

The latest products – nasal strips, dilators, and mouth pieces – are found to be replacing the conventional methods of controlling snoring, which includes the inhalation of essential oils. With numerous types of devices widely and easily available via offline as well as online sales channels, consumers are naturally inclined towards these devices, and evincing a reluctance towards snoring surgeries. While cost may pan out as a purchase-impeding parameter, prodigious reimbursement initiatives taken by medical insurance companies are projected to influence the adoption of these devices.

Identifying Key Distribution Channel for Market Players to Gain High Sales Closure

The distribution of anti-snoring devices is generally carried out through two key channels – Online and Offline. Among these channels, brick-and-mortar institutions, in the form of retail pharmacies, hospitals, and clinics, account for a majority of the sales, as patients suffering from snoring are recommended to use these devices by physicians and doctors to control their condition. However, with discounts and deals offered by online sales channels, the significance of these online sales channels is projected to grow during the forecast period.

As software developers are continuously striving to develop seamless websites and mobile applications, consumers find it easy to compare the prices and features of the anti-snoring devices of their choices on these media, thereby upgrading their shopping experience. In the future, sales through online channels are projected to outgrow those closed through offline distribution channels. This makes it imperative for players in the anti-snoring devices and snoring surgery market to establish a distribution partnership with e-Commerce majors to leverage product penetration even in regions with remote exposure.

leading countries anti snoring devices and snoring surgery market

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Manufacturers Should Intensify Focus on U.S. and China

In 2019, collective revenue contribution of anti-snoring devices and snoring surgeries was equal to a value of ~US$ 8.3 Bn in the U.S. alone, while other countries lag behind by several billions. A significant chunk of this revenue generated in the country is attributable to the high confidence of consumers in its well-established healthcare facilities, coupled with their high financial lucidity. Besides this, the country has been leading in terms of advanced technologies, which offers a leeway to manufacturers to introduce robust diagnostic and therapeutic devices. These technological advancements and minimally-invasive procedures, in turn, instigate suffering masses to put an end to their condition by undergoing snoring surgery, thereby channelizing revenue from the sales of devices as well as surgeries.

The report also highlights the fast-growing anti-snoring devices and snoring surgery market. China, wherein the anti-snoring devices and snoring surgery market is growing at an exponential rate, is witnessing progressive improvements in its healthcare ecosystem. In addition, the region is home to leading e-Commerce companies (for example: Alibaba), which indicates the high sales potential of anti-snoring devices through online media. To put this into perspective, a favorable healthcare and distribution scenario, coupled with growing health consciousness among consumers, is projected to uphold the exponential growth trajectory of the anti-snoring devices and snoring surgery market in China.

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Anti-snoring Devices and Snoring Surgery Market – Scope of the Report

The study on the anti-snoring devices and snoring surgery market is an exclusive report published by Fact.MR, which highlights the key parameters that are influencing the growth of the landscape. This study offers insights on the growth of the anti-snoring devices and snoring surgery market, by analyzing the historical data for the period of 2014-2019, and 2020-2025 as the forecast period. Estimation of the revenue of the anti-snoring devices and snoring surgery market has been carried out in terms of value (US$ Mn). This research highlights the key trends that hold the potential to influence the growth of the anti-snoring devices and snoring surgery market, along with crucial macroeconomic and microeconomic growth indicators. This insightful report focuses on the key dynamics, and their impact on the value chain, which are projected to influence the future growth of the anti-snoring devices and snoring surgery market.

The study also includes a detailed section dedicated to impeders that could challenge the growth of players in the anti-snoring devices and snoring surgery market. The report unfolds lucrative opportunities for market players, which they can leverage to consolidate their position in the global market. With a view of aiding stakeholders in the anti-snoring devices and snoring surgery market, the study comprises a detailed section on the competition analysis.

The study offers a dashboard view of the report, with a comprehensive comparison of players operating in the anti-snoring devices and snoring surgery market, based on total revenue, market presence, and key developments. Besides this, the recent developments and key strategies of players in the anti-snoring devices and snoring surgery market have also been included in this comprehensive study.

Anti-snoring Devices and Snoring Surgery Market: Key Segments

Authors of the report have segmented the anti-snoring devices and snoring surgery market into key categories in order to study the market at a microscopic level. The key segments considered while bifurcating the anti-snoring devices and snoring surgery market include:

Device

Surgical Procedure

Region

Mandibular Advancement Devices (MAD)

UPPP Surgery

North America

Tongue Stabilizing Device (TSD)

Tonsillectomy and Adenoidectomy Surgery

Europe

Continuous Positive Airway Pressure (CPAP) Devices

Maxillo-Mandibular and Genloglossus Advancement Surgeries

Asia Pacific

Others (e.g. nasal and chin strips, straps, rings, etc.)

RFA Surgery

Latin America

 

Pillar Procedure with Palatal Implants Surgery

Middle East & Africa

Besides laying focus on the aforementioned key segments, the report also studies the anti-snoring devices and snoring surgery market at a country level, to recalibrate the underlying opportunities available for players in the anti-snoring devices and snoring surgery market for the forecast period. Among all the estimated data, the report also includes Y-o-Y growth projections, which can help market players in comprehending the precise trajectory at which the anti-snoring devices and snoring surgery market has been growing.

Key companies profiled in this exclusive study on the anti-snoring devices and snoring surgery market include AccMED Corp., Apnea Sciences Corporation, Fisher & Paykel Healthcare, GE Healthcare, ImThera Medical Inc., Medtronic PLC, Philips Healthcare, ResMed, Inc., SomnoMed, Tormed Dr. Toussaint GmbH, and Whole You, Inc. Besides these companies, this comprehensive study also incorporates the key strategies and total revenue share recorded by each of these players operating in the anti-snoring devices and snoring surgery market.

Anti-snoring Devices and Snoring Surgery Market – Research Methodology

The anti-snoring devices and snoring surgery market has been evaluated by taking a top-down and bottom-up approach. Demand, geographical presence, distribution strategies by manufacturers, and initiatives taken by governments and NGOs are various factors considered while estimating the revenue of the anti-snoring devices and snoring surgery market for each device, and thus, reaching global numbers. The study on the anti-snoring devices and snoring surgery market is further validated through extensive primary research on the data extracted from exhaustive secondary research.

In order to conduct secondary research, annual company reports, company websites, data from the World Health Organization (WHO), SEC Filings, Press Releases, Investor Presentations, and other similar resources were studied. To validate the information compiled through secondary research, interviews with key opinion leaders and subject matter experts were scheduled. In addition to this, authors of the report also had email and telephonic interactions with the senior management of leading and prominent companies to confirm the size, growth trend, and future outlook of the anti-snoring devices and snoring surgery market.

Chapter 1.  Introduction

1.1. Research Methodology

1.2. Report Description

1.3. Market Segmentation

Chapter 2. Executive Summary 

2.1. Global Anti-snoring Devices and Snoring Surgery Market Share, by Device Type, 2019 & 2025 (Value %) 

2.2. Global Anti-snoring Devices and Snoring Surgery Market, by Surgery Procedures, (US$ Mn), 2020–2025

2.3. Global Anti-snoring Devices and Snoring Surgery Market, Snapshot 

Chapter 3. Market Overview 

3.1. Introduction 

3.2. Market Dynamics 

      3.2.1. Driver 1 - Physiological Factors

      3.2.2. Driver 2 - Extensive marketing initiative

      3.2.3. Restraint1 - Lack of patient compliance

      3.2.4. Restraint 2 - Economic impact of sleep apnea

      3.2.5. Opportunity 1 - Advent of new technologies and surgical procedures

3.3. Trends in Anti-snoring Devices

3.4. Effects of Sleep Apnea 

3.5. Porter’s Five Forces Analysis

3.6. Anti-snoring Devices Regulatory Requirements

3.7. Review of Top anti-snoring mouthpieces and mouth guards

3.8. Value Chain Analysis

3.9. Diagnosis of Obstruction Sleep Apnea 

3.10. Channels of Distribution by Devices Type 

3.11. Epidemiology of Sleep Apnea 

3.12. Reimbursement Policy

3.13. Average Pricing Analysis, by Device Type, (US$), 2019 

3.14. Market Attractiveness Analysis, (Value %)

3.15. Company Market Share Analysis, by Key Players, 2019 (Value %)

Chapter 4. Global Anti-snoring Devices and Snoring Surgery Market Revenue (US$ Mn) and Volume (No. of Units in Mn), by Device Type, 2020–2025 

4.1. Global Anti-snoring Devices and Snoring Surgery Market Revenue, by Device Type, (US$ Mn), 2020–2025 

4.2. Global Anti-snoring Devices and Snoring Surgery Market Volume, By Device Type (No. of Units in Mn), 2020–2025

4.3. Mandibular Advancement Devices, (US$ Mn and Units in Mn), 2020–2025

4.4. Tongue Stabilizing Devices, (US$ Mn), 2020–2025

4.5. Continuous Positive Airway Pressure Devices, (US$ Mn) 2020–2025

4.6. Others, (US$ Mn) 2020–2025

Chapter 5. Global Anti-snoring Devices and Snoring Surgery Market Revenue, by Surgical Procedure, 2020–2025 (US$ Mn) 

5.1. Global Anti-snoring Devices and Snoring Surgery Market, by Surgical Procedure, (US$ Mn), 2020–2025

5.2. Global Anti-snoring Devices and Snoring Surgery Market Revenue, By Surgery Type, 2020–2025 (No. of Procedure)

5.3. Uvulopalatopharyngoplasty Surgery (UPPP), (US$ Mn), 2020–2025

5.4. Tonsillectomy and Adenoidectomy Surgery, (US$ Mn), 2020–2025

5.5. Maxillo-mandibular and Genioglossus Advancement Surgeries, (US$ Mn), 2020–2025

5.7. Radiofrequency Ablation Surgery (RFA), (US$ Mn), 2020–2025

5.8. Pillar Procedure with Palatal Implants Surgery, (US$ Mn), 2020–2025 

5.5. Others, (US$ Mn), 2020–2025

Chapter 6.Global Anti-snoring Devices and Snoring Surgery Market Revenue, by Geography, 2020–2025 (US$ Mn) 

6.1. Overview 

6.2. North America Anti-snoring Devices and Snoring Surgery Market, (US$ Mn), 2020–2025 

      6.2.1. U.S. Anti-snoring Devices and Snoring Surgery Market, (US$ Mn), 2020–2025

      6.2.2. Canada Anti-snoring Devices and Snoring Surgery Market, (US$ Mn), 2020–2025 

6.3. Europe Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.3.1. U.K. Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.3.2. Germany Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.3.3. France Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.3.4. Sweden Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025

      6.3.5. Netherlands Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025

6.4. Asia Pacific Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.4.1. India Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.4.2. China Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.4.3. Australia Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.4.4. Vietnam Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.4.5. Japan Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.4.6. Korea Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025

      6.4.7. Singapore Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025

      6.4.8. Hong Kong Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

6.5. Latin America (LATAM) Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.5.1. Brazil Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

      6.5.2. Mexico Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

6.6. Middle East & Africa Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025

      6.6.1. UAE Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025

      6.6.2. South Africa Anti-snoring Devices and Snoring Surgery Market, (US$ Mn) 2020–2025 

Chapter 7. Company Profiles 

7.1. AccuMED Corp.

7.2. Apnea Sciences Corporation

7.3. Fisher & Paykel Healthcare

7.4. GE Healthcare

7.5. ImThera Medical, Inc.

7.6. Medtronic plc

7.7. Philips Healthcare

7.8. ResMed, Inc.

7.9. SomnoMed

7.10. Tomed Dr. Toussaint GmbH

7.11. Whole You, Inc. 

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Anti-snoring Devices and Snoring Surgery Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2020 to 2025