Anti-snoring Treatment Market — Global Industry Share, Growth, Competitive Analysis and Forecast, 2019–2025
Anti-snoring treatment is an approach to keep the air section of the body open when the individual is sleeping. In more straightforward terms, this implies that it is a gadget that is extraordinarily intended to keep the aviation route open so the individual doesn’t encounter wheezing while at the same time being sleeping. Now and again, it’s a mouthpiece that goes over the teeth to keep from wheezing when sleeping. For different cases, it very well might be something different like a jaw tie that holds the jaw up during rest, or it very well may be an electronic gadget that makes clamor to occupy the rest.
At the point when somebody is snoozing, their mouth is totally shut, and this makes air hit the tongue and throat as it cruises by, vibrating, causing a sound known as wheezing. Presently when the aviation route is in part open in view of some impediment or some slight development, this also vibrates and makes an exceptionally uproarious commotion. This can undoubtedly be stayed away from by basically clearing the aviation route prior to heading to sleep.
Market Dynamics
The main factor driving the growth of the anti-snoring treatment market is the increased rate of drug and alcohol intake. For instance, according to RAND Corporation, there is approximate spending of US$ 100 billion on drugs annually in the U.S. According to National Institute on Drug Abuse, over 70,000 Americans died from a drug overdose in 2019. The intake of high amounts and drugs and alcohol can lead to various physical issues, such as blockage of the nasal passage, which results in snoring. Moreover, unhealthy lifestyles such as high-calorie intake, obesity, and stress are estimated to propel the growth of the anti-snoring treatment market.
However, absence of knowledge related to proper treatments and the costly anti-snoring surgeries and devices are the main restraining factor hindering the growth of the anti-snoring treatment market.
This market is distributed in five regions that include North America, Asia-Pacific, Europe, Africa, and the Middle East, and Latin America. Among these, North America is estimated to hold a significant share of the anti-snoring treatment market owing to the high consumption of drugs and alcohol and the increase of snoring disorder in the region. For instance, according to Johns Hopkins Medicine, an estimate of over 45% of U.S. adults snore occasionally while 25% do it regularly.
The anti-snoring treatment market in the Asia Pacific is estimated to witness significant growth owing to the prevalence of sleeping disorders in the region and low-cost surgeries and devices.
Competitive Analysis
Key companies in the global anti-snoring treatment market are Airing CPAP, ResMed, Inc., AccuMED Corp., Sleep Well Enjoy Life, Ltd., Sleeping Well, LLC, Fisher & Paykel Healthcare, Apnea Sciences Corporation, and GlaxoSmithKline, plc.
In February 2021, the U.S. Food and Drug Administration approved the usage of eXciteOSA developed by Signifier Medical Technologies. This anti-snoring device zaps the tongue to reduce snoring frequencies.