0

Sleep Apnea Oral Appliances Market Expected to Reach $2.3 Billion by 2031—Allied Market Research

 
2022
Sleep Apnea Oral Appliances Market

Report Code : A09148

quote Alarming rise in the prevalence of sleep apnea, increase in the prevalence of obesity and surge in geriatric population leads to the growth of the sleep apnea oral appliances market. quote

Onkar Sumant - Manager
Life Sciences at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a new report published by Allied Market Research, titled, “Sleep Apnea Oral Appliances Market," The sleep apnea oral appliances market size was valued at $516.42 million in 2021, and is estimated to reach $2,337.7 million by 2031, growing at a CAGR of 16.3% from 2022 to 2031. Breathing repeatedly stops and starts while sleeping. This is known as sleep apnea. Age and obesity are two common risk factors for sleep apnea. In addition, men are more likely than women to experience this condition. Snoring loudly, feeling tired even after a full night's sleep, insomnia, sudden awakenings with shortness of breath, loud snoring, waking up with a dry mouth or sore throat, as well as headaches, attention problems, and irritability, are the main symptoms of sleep apnea.

Factors that drive the growth of the sleep apnea oral appliances market size include rise in geriatric population, increase in sleep apnea oral appliances industry and increase in the prevalence of sleep apnea. Moreover, rise in the prevalence of obesity and increase in number of product launch and product approval for sleep apnea oral appliances fuel the sleep apnea oral appliances market analysis. Geriatric population is more susceptible to sleep apnea. Rise in geriatric population, thus increases the demand for sleep apnea oral appliances products and boosts the sleep apnea oral appliances market trends. For instance, according to the World Health Organization (WHO), in October 2021, by 2030, 1 in 6 population in the world is anticipated to be aged 60 years or over. Moreover, obesity is the leading cause of sleep apnea, thus, rise in the prevalence of obesity is anticipated to fuel the demand for sleep apnea oral appliances which drives the market. For instance, according to World Obesity Atlas 2022, estimated number of female population with more than 30 BMI (Body Mass Index) is 586 million globally. As per the same source estimated number of male populations with more than 30 BMI (Body Mass Index) is 434 million globally.

In addition, rise in the prevalence of sleep apnea over the globe increases the demand for sleep apnea oral appliances products. Thus, this factor boosts the growth of the market. According to data shared by SomnoMed, the largest supplier of oral sleep apnea devices of the world, approximately 900 million people suffer from sleep apnea among which, around 511 million population suffer from mild sleep apnea, and 425 million people suffer from moderate sleep apnea.

On the basis of device, the market is segmented into mandibular advancement devices, tongue-stabilizing devices and rapid maxillary expansion. The mandibular advancement devices segment dominated the market in 2021, and is expected to continue this trend during the sleep apnea oral appliances market forecast period, owing to increase in the product launch and product approval for mandibular advancement devices and rise in the prevalence of sleep apnea.

On the basis of gender, the market is bifurcated into male and female. The male segment dominated the market in 2021, and is expected to continue this trend during the forecast period, owing to unhealthy life style and rise in the prevalence of obesity in male population.

On the basis of age group, the market is classified less than 40, 41 to 50, 51 to 60, and 61 and above. The 51 to 60  segment dominated the market in 2021, and is expected to continue this trend during the forecast period, as geriatric population is more susceptible to sleep apnea.

On the basis of end user, the market is divided into hospital & sleep laboratories, clinics & office facilities and home care settings. The hospital & sleep laboratories segment dominated the market in 2021, and is expected to continue this trend during the forecast period, owing to rise in the number of hospital & sleep laboratories and rise in the expenditure by government to develop healthcare infrastructure.

North America accounted for a majority of the global sleep apnea oral appliances market share in 2021, and is anticipated to remain dominant during the forecast period. This is attributed to rise in the prevalence of sleep apnea, increase in number of sleep apnea oral appliances industry and developed healthcare infrastructure. Asia-Pacific is anticipated to witness lucrative growth, owing to rise in expenditure by government organization to develop healthcare sector, increase in awareness among people regarding sleep apnea and rise in geriatric population.   

The COVID-19 outbreak is anticipated to have a positive impact on the growth of the global sleep apnea oral appliances market share. Obstructive sleep apnea are more vulnerable to hospitalization in COVID-19 infection patients. Theincreasing prevelence of obstructive sleep apnea will increase demand for sleep apnea devices and propel the growth of the market.

Key findings of the study

  • By device, the mandibular advancement devices segment was the highest contributor to the market in 2021.
  • By gender, the male segment was the highest contributor to the market in 2021.
  • By age group, the 61 and above segment dominated the market in 2021, and is expected to continue this trend during the forecast period.
  • By end user, the hospital & sleep laboratories segment dominated the market in 2021, and is expected to continue this trend during the forecast period.
  • By region, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample
 
 

First time buyer?
Check offers and discount on this report
To get this report

Click Here
 
 

quote Sleep Apnea Oral Appliances Market by Device (Mandibular Advancement Devices, Tongue Stabilizing Devices, Rapid Maxillary Expansion), by Gender (Male, Female), by Age Group (less than 40, 41 to 50, 51 to 60, 60 and above), by End User (Hospital and Sleep Laboratories, Clinics and Office Facilities, Home Care Settings): Global Opportunity Analysis and Industry Forecast, 2021-2031 quote

View Report
 
 

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 2,000 niche industries and company profiles on more than 12,000 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

WHY ALLIED MARKET RESEARCH?

INFLALLIBLE METHODOLOGY

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

ANALYST SUPPORT

For complete satisfaction

CUSTOMIZATION

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Nov 2024

Alloys Market

Download Sample
rep-img

Published Date Nov 2024

Aerospace Sealants Market

Download Sample
rep-img

Published Date Nov 2024

Isotopes Market

Download Sample

Buy Full Version
"Sleep Apnea Oral Appliances Market"
Purchase Enquiry

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of the scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save the time of readers