Sleep Apnea Oral Appliances Market to reach USD 482.5 Million by 2023


Posted July 29, 2021 by myhealthcare

Sleep Apnea Oral Appliances Market by Product (Mandibular Advancement Devices (Mad) & Tongue-Retaining Devices (TRD))
 
The global sleep apnea oral appliances market is expected to register a CAGR of 15.7% during the forecast period to reach USD 482.5 Million by 2023 from USD 197.8 Million in 2017. The key factors driving the growth of the market include the growing popularity of oral appliances in sleep apnea management, technological advancements in oral appliances, a large pool of undiagnosed sleep apnea patients, and growing awareness about sleep apnea. Poor compliance for PAP devices and the growing demand for Home Healthcare are likely to offer growth opportunities during the forecast period. Base year considered for the report is 2017 and the forecast period is 2018–2023.

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The major market players in the sleep apnea oral appliances market include ResMed (US), SomnoMed (Australia), and Whole You (US). Other players in the market include Oventus (Australia), Panthera Dental (Canada), Airway Management (US), Apnea Sciences (US), DynaFlex (US), OravanOSA (US), and Myerson (US).

By region, the market is segmented into North America, Europe, Asia Pacific, and the RoW. Asia Pacific is expected to register the highest CAGR during the forecast period. The growth of the market can be attributed to factors such as the increasing prevalence of sleep apnea and initiatives by the government and other private organizations to raise awareness regarding sleep disorders.
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Issued By Markets and Markets
Country India
Categories Business , Health , Medical
Tags sleep apnea oral appliances market
Last Updated July 29, 2021