Market Size of Anti-Snoring Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 10.60 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Anti-Snoring Market Analysis
The anti-snoring market is expected to register a CAGR of 10.6% during the forecast period.
COVID-19 had a significant impact on the anti-snoring devices market owing to the high demand during the pandemic. Obstructive sleep apnea was reported to increase the risk of morbidity and mortality associated with COVID-19. For instance, as per a research article published in December 2021 by Cleveland Clinic, people with COVID-19 who experience sleep-disordered breathing had a 31% higher likelihood of hospitalization. Hence, the demand for CPAP devices was high among hospitalized COVID-19 patients. COVID-19 has a negligible impact on the studied market in the current scenario.
An increase in obesity and the geriatric population, increasing smoking and alcohol consumption, technological advancements in anti-snoring devices, and increased awareness among the people are the key factors responsible for the growth of the market. For instance, according to the World Population Review 2022 data, around 29.4% of the people in Canada were affected by obesity. Weight gain is a major contributor to the habit of snoring because the peculiarities in weight gain affect the elderly population. Thus, the high prevalence of obesity among people is expected to boost market growth over the forecast period.
Furthermore, an article published in Statpearls updated in August 2022 stated that in the United States, tonsillectomy was one of the most commonly performed surgical procedures. Over 500 thousand cases are performed annually in children less than 15 years of age. Sleep-disordered breathing (SDB) is one of the most common reasons for tonsillectomy. Therefore, the large number of procedures is estimated to boost the demand for anti-snoring devices, such as tongue-retaining devices, which are required for the treatment of such diseases, thereby propelling the market growth during the forecast period.
Additionally, technological advancements and new product launches by market players are expected to propel market growth during the forecast period. For instance, in October 2021, Superior Sensor Technology launched a new dual low-pressure sensor product series for continuous PAP (CPAP), bi-level PAP (BiPAP), and automatic PAP (APAP) products used for sleep apnoea and other breathing sleep disorders. Therefore, owing to the factors such as the high burden of obesity, sleep disorders, and rising product approvals and launches by market players, the studied market is anticipated to witness growth over the analysis period. However, the high cost associated with custom-made oral devices and the social stigma associated with snoring are expected to restrain the market growth during the forecast period.
