A recent report published by Infinium
Global Research on snoring control devices market provides an in-depth analysis
of segments and sub-segments in global as well as regional snoring control
devices market. The study also highlights the impact of drivers, restraints and
macro indicators on the global and regional snoring control devices market over
the short term as well as long term. The report is a comprehensive presentation
of trends, forecast and dollar values of global snoring control devices market.
According to the report, the global snoring control devices market is projected
to grow at a CAGR of 4.6% over the forecast period of 2018-2024.
Snoring is noisy breathing during
sleep. It is a common problem among all ages and genders. The person most at
risk are generally males, those who are overweight. It becomes more serious as
people age and can cause disruption in sleep that can lead to fragmented and
un-refreshing sleep. The two most common
adverse health effects are believed to be causally linked to snoring are
daytime dysfunction and heart disease. About one-half of people who snore
loudly have obstructive sleep apnea.
Some of the factors driving growth in
this market include increasing prevalence of sleep-disordered breathing, the
rising prevalence of obesity, sedentary lifestyle and easy availability of
anti-snoring kits in retail as well as online stores. In addition, increasing
use of mandibles advancement splints & mouth guard devices is further
facilitating the market growth. However, lack of awareness and ignorance about
the snoring disease are the major hiccups for the market growth. Introduction
of smart snoring solution and development of other innovative products to
control snoring can further create growth opportunities for the snoring control
devices market.
Geographically, North America held the
largest market share in snoring control devices market in 2017. The factors
facilitating growth in this region includes increasing awareness regarding
snoring control devices, rising geriatric population, high expenditure on
wellness products, speedy adoption of new products and easy availability of
snoring control devices in this region as compared to other regions. Asia-Pacific region is anticipated to be the fastest growing region among others
owing to raising awareness concerning the seriousness of the disease and
increasing disposable income.
The report on global snoring control
devices market covers segments such as product and distribution channel. On the
basis of product the global snoring control devices market is categorized into
tongue stabilizing devices, mandibular advancement devices, nasal devices, chin
straps, position control devices, and others. On the basis of the distribution
channel the global snoring control devices market is categorized into retail
pharmacies and online stores.
The countries covered in the North
America region include the U.S., Canada, and Mexico; while Asia-Pacific
includes China, Japan, India, South Korea, Malaysia, and among others.
Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the
European region.
The U.S. drives the growth in the North
America region as it is the largest market in the region. The Asia-Pacific the region offers substantial potential for the market growth owing to rapid growth
in markets such as India and China. The APAC region is projected to experience growth at a CAGR of x.x% over the period of 2018-2024.
The report provides profiles of the
companies in the global snoring control devices market such as Sleeping Well,
LLC. Apnea Sciences Corporation, The Pure Sleep Company, Somnomed Limited,
Airway Management Inc., Theravent, Inc., Tomed Dr.Toussaint Gmbh,
GlaxoSmithKline PLC, Meditas Ltd., and Innovative Health Technologies (NZ)
Limited.
The report provides deep insights on
demand forecasts, market trends, and micro and macro indicators. In addition,
this report provides insights into the factors that are driving and restraining
the global snoring control devices market. Moreover, IGR-Growth Matrix analysis
given in the report brings insight into the investment areas that existing or
new market players can consider. The report provides insights into the market
using analytical tools such as Porter's five forces analysis and DRO analysis of
snoring control devices market. Moreover, the study highlights current market
trends and provides forecast from 2018-2024. We also have highlighted future
trends in the snoring control devices market that will impact the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings insight into the market share of the leading players. This report
will help manufacturers, suppliers, and distributors of the snoring control
devices market to understand the present and future trends in this market and
formulate their strategies accordingly.