June 17, 2024
Tongue Retaining Device Market

Tongue Retaining Device Market To Prosper At A Significan Rate Owing To Rising Prevalence

Tongue retaining devices are oral appliances that are used in the treatment of snoring and mild to moderate obstructive sleep apnea. These devices work by positioning the tongue and jaw in a way to make breathing easier during sleep. The global tongue retaining device market is witnessing growth owing to rising prevalence of sleep apnea worldwide.

The global tongue retaining device market is estimated to be valued at US$ 578.8 Mn in 2024 and is expected to exhibit a CAGR of 10.% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the tongue retaining device market are AveoTSD, ZYPPAH, Good Morning Snore Solution, VitalSleep, SnoreRx, SnoreMender, SleepPro, Airway Management, Apnea Sciences Corporation, SomnoMed, Respire Medical, TheraSnore, SleepTight Mouthpiece, Oventus Medical, AccuMED Technologies, ResMed, ZenSleep, BluePro. The tongue retaining device market offers lucrative growth opportunities with rising awareness about sleep apnea and advantages of oral appliances over CPAP machines. The growing demand for non-invasive treatment options and untapped growth opportunities in emerging economies will further aid in the global expansion of the tongue retaining device market during the forecast period.

Market Drivers

The rising prevalence of sleep apnea worldwide is the major driver accelerating the growth of Tongue Retaining Device Market Demand According to data by the National Center for Biotechnology Information, an estimated 936 million people suffer from obstructive sleep apnea globally. Moreover, increasing awareness about advantages of tongue retaining devices over continuous positive airway pressure (CPAP) therapy such as portability and low-cost is further expected to propel the market growth over the forecast period.

PEST Analysis

Political: Healthcare policies related to dental health and sleep disorders introduced by governments are expected to positively impact the tongue retaining device market.

Economic: Rising disposable incomes and growing awareness about the health implications of poor sleep are major factors fueling market growth.

Social: Increasing popularity of oral devices for treating sleep apnea and snoring issues is a key social trend boosting adoption.

Technological: Advanced materials and designs of tongue retaining devices that provide superior comfort and effectiveness are helping manufacturers expand their customer base.

The North America market accounts for the largest share of the Tongue Retaining Device Market in terms of value, followed by Europe and Asia Pacific. However, Asia Pacific is poised to grow at the fastest pace over the forecast period owing to rising awareness and improvement in healthcare expenditures in countries like China and India.

In terms of value as well, the Asia Pacific regional tongue retaining device market is anticipated to record the highest CAGR of over 10% from 2024 to 2031. This can be attributed to growing acceptance of oral appliances and the presence of emerging economies with large unmet needs for sleep apnea and snoring treatment options.

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it.