Global Sleep Apnea Oral Appliances Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 10.65 Billion |
Market Size (Forecast Year) |
USD 19.14 Billion |
CAGR |
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Major Markets Players |
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Global Sleep Apnea Oral Appliances Market Segmentation, By Product (Mandibular Advancement Devices, Tongue-Retaining Devices), Type (Physician-Prescribed/Customized Oral Appliances, Online OTC Oral Appliances), End Use (Hospital, Home Use, Others) – Industry Trends and Forecast to 2031.
Sleep Apnea Oral Appliances Market Analysis
The rising prevalence of sleep apnea across the globe is estimated to drive the market's growth across the globe. As per a srudy, obstructive sleep apnea (OSA) is a common condition that affects up to 20% of the world's population. It's a life-threatening sleep disorder that remains misdiagnosed and untreated most of the time. Consequently, the market is being propelled forward with various growth determinants and is projected to show substantial growth over the forecasted period.
Global Sleep Apnea Oral Appliances Market Size
Global sleep apnea oral appliances market size was valued at USD 10.65 billion in 2023 and is projected to reach USD 19.14 billion by 2031, with a CAGR of 7.6% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Sleep Apnea Oral Appliances Key Market Insights |
Segmentation |
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Countries Covered |
U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa |
Key Market Players |
ResMed (U.S.), SomnoMed (Australia), Whole You (U.S.), Oventus (Australia), Panthera Dental (Canada), Thermo Fisher Scientific Inc., (U.S.), Apnea Sciences (U.S.), DynaFlex (U.S.), OravanOSA (U.S.), Myerson Solicitors LLP (U.K.), Koninklijke Philips N.V (Netherlands), Compumedics Limited (Australia), Löwenstein Medical Technology GmbH + Co. KG (Germany), Fisher & Paykel Healthcare Limited ( New Zealand), Compumedics Limited (Australia) and BMC Medical Co., Ltd., (China) |
Market Opportunities |
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Sleep Apnea Oral Appliances Market Definition
Sleep apnea is a sleeping disorder in which a person's breathing continuously stops and resumes. The risk factors for sleep apnea generally include age and obesity. Moreover, men are more likely to suffer from this disorder as compared to women. The major symptoms for sleep apnea are snoring loudly, feeling weary even after a full night's sleep, insomnia, abrupt awakenings with shortness of breath, loud snoring, and waking up with a dry mouth or sore throat, as well as headaches, attention issues, and irritability.
Sleep Apnea Oral Appliances Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Growing Prevalence of Sleep Apnea Patients
The increase in the prevalence of sleep apnea among population across the globe is the most significant factor driving the growth for this market. The large pool of undiagnosed sleep apnea patients is also expected to accelerate the market's overall growth.
Furthermore, the growing popularity of oral appliances in sleep apnea management along with the growing awareness about sleep apnea are also expected to fuel market growth. Moreover, the rise in the trend of oral appliances in sleep apnea management also cushions the market's growth within the forecasted period. The factors such as the growth of awareness regarding sleep apnea and its diagnosis and treatment and adoption of unhealthy lifestyle, hectic lifestyle causing stress and surge in healthcare expenditure are also projected to bolster the growth of the market.
Opportunities
- Rapid Technological Advancements
Moreover, the technological advancements in oral appliances are estimated to generate lucrative opportunities for the market. The poor compliance for PAP devices and the growing demand for home healthcare will further offer numerous growth opportunities for the market.
Restraints/Challenges
- High Costs Associated with Devices
On the other hand, high cost associated with the customized oral appliances is expected to obstruct market growth.
- Stringent Regulatory Policies
Also, stringent regulations for oral appliance therapy are projected to challenge the sleep apnea oral appliances market in the forecast period of 2024-2031. The unfavorable reimbursement policies of oral appliance therapy will also impede the market growth.
This sleep apnea oral appliances market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the sleep apnea oral appliances market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post Covid-19 Impact on Sleep Apnea Oral Appliances Market
The sleep apnea oral appliances market was largely impacted by the outbreak of COVID-19. There was increased supplies demand as a result of the afflicted population. In primary clinical treatment, respiratory support equipment such as an atomizer, a life-support machine, an oxygen generator, and a monitor are among the most commonly used medical devices. Furthermore, COVID-19 has resulted in a significant increase in demand for medical goods such as masks, gloves, and protective spectacles. With the increasing number of COVID-19 cases worldwide, the demand for medical supplies from both healthcare professionals and the general public is growing. The key players within the market have an opportunity to profit immensely from the high demand for medical supplies by ensuring a steady supply of personal protective equipment on the market.
Additionally, obstructive sleep apnea was linked to an increased chance of hospitalization in COVID-19 infection patients and a nearly doubled risk of developing respiratory failure. The increased possibility of acquiring obstructive sleep apnea, will lead to increased demand for sleep apnea devices that may assist alleviate the illness, which is predicted to favorably impact market growth. Therefore, according to these determinants, the COVID -19 is estimated to substantially impact the sleep apnea oral appliances market due to these aspects.
Sleep Apnea Oral Appliances Market Scope
The sleep apnea oral appliances market is segmented on the basis of product, type and end use. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Mandibular Advancement Devices
- Tongue-Retaining Devices
Type
- Physician-Prescribed/Customized Oral Appliances
- Online OTC Oral Appliances
End Use
- Hospital
- Home Use
- Others
Sleep Apnea Oral Appliances Market Regional Analysis
The sleep apnea oral appliances market is analyzed and market size insights and trends are provided by country, product, type and end use as referenced above.
The countries covered in the sleep apnea oral appliances market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the sleep apnea oral appliances market because of the demand for sleep apnea oral appliances due to the rise in prevalence of sleep apnea disorders, the availability of the latest technology devices, and the adoption of sleep apnea oral appliances within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2024 to 2031 due to the prevalence of sleep apnea and initiatives by the region's government and other private organizations.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Sleep Apnea Oral Appliances Market Share
The sleep apnea oral appliances market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to sleep apnea oral appliances market.
Sleep Apnea Oral Appliances Market Leaders Operating in the Market Are:
- ResMed (U.S.)
- SomnoMed (Australia)
- Whole You (U.S.)
- Oventus (Australia)
- Panthera Dental (Canada)
- Thermo Fisher Scientific Inc (U.S.)
- Apnea Sciences (U.S.)
- DynaFlex (U.S.)
- OravanOSA (U.S.)
- Myerson Solicitors LLP (U.K.)
- Koninklijke Philips N.V (Netherlands)
- Compumedics Limited (Australia)
- Löwenstein Medical Technology GmbH + Co. KG (Germany)
- Fisher & Paykel Healthcare Limited (New Zealand)
- Compumedics Limited (Australia)
- BMC Medical Co., Ltd (China)
Latest Developments in Sleep Apnea Oral Appliances Market
- In January 2020, ProSomnus Sleep Technologies has launched "#ShareYourStory," a social media campaign to increase awareness that prescription intraoral devices are a comfortable, effective, and recommended alternative to Continuous Positive Airway Pressure (CPAP) (CPAP).
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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