Snoring is a common sleep disorder that affects millions of people worldwide. It occurs due to vibration of tissues in throat and nose during breathing while sleeping. Loud and constant snoring can disturb sleep of both the snorer and their partner. It can also be an indication of underlying medical conditions like obesity, sleep apnea etc. Anti-snoring devices are designed to keep airways open and prevent vibrations that cause snoring. These include nasal devices, chin straps, mouthpieces and other appliances. They are effective, affordable options for treating snoring without drugs or surgery.
The anti-snoring devices market is estimated to be valued at USD 1.6 Bn in 2024 and is expected to reach USD 2.58 Bn by 2031, growing at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2031.
Key Takeaways
Key players operating in the anti-snoring devices market are Apnea Sciences, Sleeping Well, PureSleep, ZQuiet, and Theravent.
There is high potential for Anti-Snoring Devices Market manufacturers in emerging economies of Asia Pacific and Latin America due to growing medical tourism and rising disposable income.
Manufacturers are developing new technologies like anti-snoring pillows, mobile apps and mandibular advancement devices to expand their product portfolio and gain greater market share globally.
Market Drivers
Increasing prevalence of lifestyle diseases like obesity has led to a rise in snoring related issues. Over 60% of obese people experience habitual snoring compared to only 30% of those with normal weight. As obesity rates surge worldwide, the anti-snoring devices market is expected to witness strong growth. Growing awareness about health risks of loud snoring like cardiovascular problems, diabetes and sleep deprivation is another key factor driving demand for effective anti-snoring solutions. Manufacturers are emphasizing on marketing the medical advantages of their products to garner more customers and revenues.
PEST Analysis
Political: Regulations regarding noise pollution and sleep apnea treatment affect the anti-snoring devices market. Governments promote awareness about sleep disorders.
Economic: Rise in disposable income increased demand for anti-snoring devices. Their pricing must be affordable for customers to purchase.
Social: Growing social stigma about loud snoring encouraged people to try anti-snoring solutions. Social media influencers endorse anti-snoring products.
Technological: Advancements in materials and design led to creation of efficient anti-snoring mouthpieces and nasal dilators. Some devices use sensors and mobile apps to track snoring patterns.
Geographical Regions with High Concentration
The anti-snoring devices market in terms of value is concentrated in regions with high snoring population like North America and Western Europe. Increased awareness about sleeping issues and easy access to new products drive their sales.
Asia Pacific region is the fastest growing market for anti-snoring devices. Rapid economic development, growing middle class, rising health issues due to changing lifestyles and pollution are key growth drivers. Increased spend capacity of consumers encourages them to seek anti-snoring solutions. People are open to adopting new treatment methods. Manufacturers view this as a lucrative market to tap its huge future potential.
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About Author:
Ravina Pandya, Content Writer, has a strong foothold in the market research industry. She specializes in writing well-researched articles from different industries, including food and beverages, information and technology, healthcare, chemical and materials, etc.
