According to a new report, published by KBV research, The Global Sleep Apnea Oral Appliances Market size is expected to reach $1048.3 million by 2030, rising at a market growth of 15.2% CAGR during the forecast period.
The Male segment is capturing the maximum revenue in the Global Sleep Apnea Oral Appliances Market by Gender in 2022; thereby, achieving a market value of $680 Million by 2030. Men often engage in professions or occupations that involve high stress levels and irregular working hours, contributing to sleep disruptions. Effective sleep apnea management becomes crucial for maintaining overall health and well-being. The increasing trend of men engaging in fitness and wellness activities aligns with the desire to address health issues comprehensively.
The Mandibular Advancement Devices segment is showcasing a CAGR of 14.6 % during the forecast period. Mandibular advancement devices (MADs) are commonly used to treat mild to moderate obstructive sleep apnea. They work by repositioning the lower jaw (mandible) and tongue forward during sleep, which helps to prevent airway obstruction. The effectiveness of MADs in managing these cases has contributed significantly to their widespread use. MADs are customized to fit the individual anatomy of each patient. Dental professionals work closely with patients to ensure the proper fit and adjustment, optimizing the device's effectiveness. This customization contributes to better outcomes and patient satisfaction.
The 40-60 Years segment is generating the highest revenue in the Global Sleep Apnea Oral Appliances Market by Age Group in 2022; thereby, achieving a market value of $518 Million by 2030. The 40-60 age group often values convenience and lifestyle considerations. Sleep apnea becomes more prevalent as individuals age, and the 40-60 age group is often a range where symptoms may become more noticeable. Ongoing advancements in oral appliance technology, design, and materials may make these devices more effective, comfortable, and appealing to the 40-60 age group.
The Retail Pharmacies segment is registering a CAGR of 14.5 % during the forecast period. Retail pharmacies allow for in-person consultations with pharmacists who can offer guidance on sleep apnea oral appliances. Pharmacists can provide information on product options and usage instructions and address consumer queries, enhancing the overall customer experience. Face-to-face interactions at retail pharmacies facilitate customer engagement. Retail pharmacies typically stock a range of healthcare products, including sleep apnea oral appliances. This on-site availability allows consumers to make immediate purchases without waiting for shipping or delivery, providing a quick solution to their needs.
The Physician-prescribed/Customized oral appliances segment led the Global Sleep Apnea Oral Appliances Market by Purchase Type in 2022; thereby, achieving a market value of $695 Million by 2030. Physician-prescribed/customized oral appliances have demonstrated clinical efficacy in managing sleep apnea and related disorders. The involvement of healthcare professionals, including sleep specialists and dentists, in prescribing and customizing oral appliances ensures that patients receive expert guidance. Professionals can assess the severity of sleep apnea, consider individual patient factors, and make informed decisions regarding the most suitable oral appliance.
The Home Care Setting/ Individuals segment is growing at a CAGR of 14.7 % during the forecast period. The home care setting allows individuals to take an active role in managing their sleep apnea. With oral appliances, users can control their treatment, promoting a self-management approach to healthcare. Home care settings prioritize the comfort of individuals using oral appliances. The home care setting allows for the involvement of family members in the treatment process. Support from family can positively impact adherence to treatment plans and create a conducive environment for sleep apnea management.
Full Report: https://www.kbvresearch.com/sleep-apnea-oral-appliances-market/
The North America region dominated the Global Sleep Apnea Oral Appliances Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $338.3 Million by 2030. The Europe region is anticipated to grow at a CAGR of 15% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 16.2% during (2023 - 2030).
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