Anti-Snoring Devices And Snoring Surgery Market To Be Driven By Rising Elderly Population Till 2024 Health Articles | August 9 Damien Harris Authentic Jersey , 2016
Grand View Research has announced the addition of "Anti-Snoring Devices And Snoring Surgery Market Analysis and Segment Forecasts To 2024" Market Research report to their Database.
Global聽anti-snoring devices and snoring surgery market聽is expected to reach USD 1.84 billion by 2024, according to a new report by Grand View Research, Inc. The anti-snoring devices and snoring surgery market is anticipated to witness a lucrative growth during the period 2016 to 2024. The factors contributing towards the growth of the market are the growing awareness levels about the ill effects of snoring, rising elderly and obese population, the presence of an unexploited consumer base, and the increasing consumption of alcohol and cigarettes. However Chase Winovich Authentic Jersey , factors such as the cost prohibitive nature of the products, limited efficacy of the presently available treatments, and the presence of an unpropitious reimbursement scenario are likely to hinder the growth of the market.
The market is segmented into anti-snoring devices and snoring surgery segments. The anti-snoring devices segment includes oral appliances, nasal devices, position control devices, chin straps Joejuan Williams Authentic Jersey , tongue stabilizing devices, and expiratory positive airway pressure therapy devices. The surgery segment includes uvulopalatopharyngoplasty, laser-assisted uvulopalatoplasty, radiofrequency ablation, sclerotherapy, pillar procedure N'Keal Harry Authentic Jersey , and others. North America and Europe are the major shareholders of this industry due mainly to the increasing awareness associated with available treatment options and the eventual rise in popularity and adoption of these products. The Asia Pacific region is expected to witness high growth as a consequence of the untapped population base characterized with a snoring condition, higher levels of awareness regarding the effects of snoring, and the presence of well-established players in the sector.
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Further key findings from the study suggest:
North America is estimated to lead the industry with the largest market share in growth is attributed to the rapidly increasing popularity and the resultant high market penetration of such treatment devices. Asia Pacific is expected to exhibit the highest growth rate owing to the large untreated population and the rising awareness levels with regard to treatment options and the notorious health consequences associated with this condition. In surgery, somnoplasty is estimated to be the fastest growing segment due largely to factors, such as low cost, reduced surgical trauma Jarrett Stidham Authentic Jersey , less invasive, and chances of fewer complications in comparison to the traditional surgery procedures The anti-snoring devices and snoring surgery market comprises several local as well as global players. Some key market players include Tomed Dr. Toussaint GmbH, Apnea Sciences Corporation, and Meditas Ltd., among others. The companies have adopted several organic and inorganic strategies in order to gain prominence in this sector. A few of these strategies include geographic expansion, new product launches Sony Michel Authentic Jersey , new product development, partnerships, collaborations, and mergers and acquisitions, among others. For instance, in March 2015 Stephon Gilmore Authentic Jersey , Meditas Ltd. launched nasal dilators for聽uninterrupted flow of air.聽
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Grand View Research has segmented the global anti-snoring devices and snoring surgery market on the basis of type and region:
Anti-Snoring Devices Type Outlook (Revenue, USD Million, 2013 - 2024)
Oral Nasal Dilator Chin Strap Position Control Tongue Stabilizing Devices Expiratory Positive Airway Pressure
Snoring Surgical Procedure Outlook (Revenue, USD Million, 2013 - 2024)
Anti-Snoring Devices And Snoring Surgery Regional Outlook (Revenue, USD Million Tom Brady Authentic Jersey , 2013 - 2024)
North America U.S. Canada Europe Germany UK Asia Pacific China India Latin America Brazil Mexico MEA South Africa
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