The global sleep apnea oral appliances market is forecasted to grow at a CAGR of 19.40% from 2023 to 2028 and be worth USD 645.5 million by 2028 from USD 266 million in 2023.
Sleep apnea is a sleeping disorder in which an individual's breathing stops and starts repeatedly. Insomnia, difficulty going asleep (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 is the most frequent disorder among the elderly, and it often goes undetected due to a lack of awareness and incorrect diagnosis. Oral appliances are becoming more popular in managing sleep apnea, and technological developments in oral appliances are accelerating market expansion.
MARKET DRIVERS:
The availability of improved oral appliances, lack of accurate diagnosis of sleep apnea, and increased popularity of sleep apnea oral appliances over traditional approaches are expected to drive the global sleep apnea oral appliances market growth.
One of the other primary factors driving the growth of the sleep apnea oral appliances market is the rising prevalence of sleep apnea among the global population. Undiagnosed sleep apnea patients, rising public and clinical awareness of sleep apnea due to increased public and private sector actions, considerable venture capital funding in the sleep apnea market, growing use of oral appliances, and technological advancements are driving the sleep apnea market. Furthermore, increased focus on telemedicine and mHealth presents considerable potential for diagnostic and treatment equipment producers in the worldwide sleep apnea oral appliances market.
During the forecast period, poor PAP device compliance and rising demand for home healthcare are likely to provide growth opportunities. Obstructive Sleep Apnea (OSA) is a type of sleep apnea most commonly treated with positive airway pressure (PAP). During sleep, this device employs pressured air to keep the airway open. The sleep apnea oral appliances market benefits from improved healthcare infrastructure, a hectic lifestyle that causes stress, and increased healthcare spending. The key contributing factors driving the growth of this market are the growing popularity of oral appliances in sleep apnea management, technological advancements in dental appliances, a large pool of undiagnosed sleep apnea patients, and increasing awareness about sleep apnea in everyone.
MARKET RESTRAINTS:
The expensive cost of personalized oral appliances and poor reimbursement policies for oral appliance therapy are projected to hamper market expansion. In addition, the presence of strict regulatory restrictions for oral appliance therapy is projected to provide a challenge to the sleep apnea oral appliances market during the forecast period. The expansion of the global sleep apnea oral appliances market is further estimated to be hindered by issues associated with their referral processes and restricted access to sleep centers.
REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2022 to 2028 |
Base Year |
2022 |
Forecast Period |
2023 to 2028 |
Segments Covered |
By Product, Type & Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities |
Regions Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
This research report on the global sleep apnea oral appliances market has been segmented and sub-segmented based on product, type & region.
Sleep Apnea Oral Appliances Market – By Product:
The global market for mandibular advancement devices was dominated by this segment. During the forecast period, this segment is also expected to have the most significant CAGR. The popularity of MADs and the substantial evidence showing their effectiveness over TRDs can be linked to their considerable share and rapid expansion.
Sleep Apnea Oral Appliances Market – By Type:
The physician-prescribed/customized oral appliances segment held the largest market share during the forecast period and is expected to project the highest CAGR. The increased awareness of sleep apnea and increasing patient desire for prescribed and tailored oral appliances might be attributable to the prominent share and increased growth.
Sleep Apnea Oral Appliances Market – By Region:
Geographically, North America led the global market in 2022, and the North American regional market for sleep apnea oral appliances is being driven by the increased prevalence of sleep apnea in the region and the growing need for alternative treatment options due to CPAP's low compliance. Furthermore, greater acceptance of oral appliance therapy (OAT) by physicians, dentists, patients, and insurance companies further contributes to the growth of the sleep apnea oral appliances market in North America. Because of the rising prevalence of sleep apnea diseases and the availability of the latest technology devices, and the acceptance of sleep apnea oral appliances in the region, the market for sleep apnea oral appliances is dominated by North America.
During the forecast period, Asia Pacific is expected to have the greatest CAGR. The market's expansion can be due to the rising prevalence of sleep apnea and government and private sector initiatives to promote awareness about sleep disorders. Due to the prevalence of sleep apnea and initiatives by the government and other private organizations in the region, Asia-Pacific is expected to expand quickly during the forecast period.
Due to increased awareness of sleep apnea oral appliances in these countries and patient compliance with novel technology, Latin America is expected to develop significantly shortly. Furthermore, international manufacturers are concentrating their efforts in these regions' developing countries due to quick approvals and little competition in these markets.
TOP COMPANIES IN THIS MARKET:
GE Healthcare, Phillips Respironics, ImThera Medical Inc., BMC Medical Co. Ltd, Cadwell Laboratories, ResMed, Curative Medical Inc., Nihon Kohden, Curative Medical Inc., Compumedics Limited, Invacare Corporation, and Braebon Medical Corporation are a few of the promising companies in the global sleep apnea oral appliances market profiled in this report.
RECENT MARKET DEVELOPMENTS:
Frequently Asked Questions
The global sleep apnea oral appliances market is predicted to be worth USD 266 Mn in 2023.
ResMed, Inc., SomnoMed, Airway Management, Inc., Oventus Medical Ltd., and Panthera Dental are some of the key players in the sleep apnea oral appliances market.
Current trends in the sleep apnea oral appliances market include the development of more advanced and customizable devices, as well as increasing adoption of telemedicine and remote monitoring technologies. Additionally, there is a growing focus on addressing the unique needs of pediatric patients with sleep apnea.
Related Reports
Access the study in MULTIPLE FORMATS
Purchase options starting from $ 2500
Didn’t find what you’re looking for?
TALK TO OUR ANALYST TEAM
Need something within your budget?
NO WORRIES! WE GOT YOU COVERED!
Call us on: +1 888 702 9696 (U.S Toll Free)
Write to us: [email protected]
Reports By Region