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Sleep Apnea Oral Appliances market Size, Share and competitors analysis
PORTLAND, OR, UNITED STATES, October 11, 2024 /EINPresswire / -- The global sleep apnea oral appliances market is growing rapidly, driven by the rising prevalence of sleep apnea, obesity, and a growing elderly population. Here's an in-depth look at the market trends, segmentation, and key players shaping this industry.
Key Highlights
.Market Size and Growth:
.Valued at $516.4 million in 2021.
.Expected to reach $2,337.7 million by 2031.
.Projected CAGR of 16.3% from 2022 to 2031.
.Understanding Sleep Apnea:
.Sleep apnea is a serious disorder where breathing is repeatedly interrupted during sleep.
.If untreated, it can lead to major health problems like heart disease, stroke, hypertension, and diabetes.
.Oral appliance therapy aids in treating sleep apnea by addressing airway blockages.
.Types of Oral Appliances:
.Mandibular Advancement Devices (MADs): Move the jaw forward to open the airway.
.Tongue-Stabilizing Devices (TSDs): Keep the tongue forward to clear the airway.
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Market Drivers
.Rise in Sleep Apnea Cases: Increased awareness and diagnosis are boosting demand for oral appliances.
.Growing Obesity Rates: Obesity is a leading cause of sleep apnea, and rising global obesity rates drive market growth.
.Geriatric Population Growth: As the elderly population grows, sleep apnea becomes more prevalent, increasing demand for these devices.
.Product Innovations: Companies are launching new products, such as Apnea Sciences' SnoreRx Plus in 2020, to meet market needs.
Key Challenges
.Lack of Awareness: Many people remain unaware of sleep apnea or its treatment options, hindering market growth.
.High Costs: Customized devices can be expensive, making them inaccessible to some patients.
Market Segmentation
.By Device:
.Mandibular Advancement Devices (MADs) dominate due to their effectiveness and rising approvals.
.Tongue-Stabilizing Devices (TSDs) and Rapid Maxillary Expansion devices are also prominent.
.By Gender:
.The male segment dominates, as sleep apnea is more common in men, driven by lifestyle factors and obesity.
.By Age Group:
.The 51 to 60 age group is the largest segment due to higher susceptibility to sleep apnea in older adults.
.By End User:
.Hospitals and sleep laboratories are the primary users of these devices, given the need for specialized diagnosis and treatment.
Regional Insights
.North America: Leading region due to high prevalence of sleep apnea and advanced healthcare infrastructure.
.Asia-Pacific: Expected to grow at the fastest rate, with increased government investment in healthcare and rising awareness of sleep apnea.
Major Players in the Market
.Dentsply Sirona
.DynaFlex
.Panthera Dental
.ResMed
.SomnoMed
.Airway Management, Inc.
.ProSomnus Sleep Technologies
The global sleep apnea oral appliances market is poised for significant growth, driven by an increasing need for effective treatment options for sleep apnea. Innovations in product design and an expanding aging population will continue to fuel demand. However, raising awareness and reducing costs will be key to expanding access to these life-changing devices.
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MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.