May 16, 2024
Tongue Retaining Device Market

Tongue Retaining Device Market Is Estimated To Witness High Growth Owing To Rising Prevalence Of Sleep Apnea

The tongue retaining device market involves oral appliances which are used for preventing snoring and treating mild to moderate obstructive sleep apnea by advancing the lower jaw and tongue. Tongue retaining devices are gaining popularity due to their ease of use, comfort and portability. These devices are available in different sizes and materials such as thermoplastics to suit different anatomies. They help maintain an open airway and prevent airflow blockage during sleep by holding the tongue in a forward position.

The global tongue retaining device market is estimated to be valued at US$ 1,184.7 Mn in 2024 and is expected to exhibit a CAGR of 10% over the forecast period from 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 growing acceptance of oral appliances as an alternative first line treatment for mild to moderate sleep apnea presents significant growth opportunities in the market. Several companies are focusing on developing new innovative designs, materials and custom fit devices to further drive the adoption.

The global prevalence of sleep apnea and growing awareness about oral appliances is propelling the demand for Tongue Retaining Device Market Demand  worldwide. Key players are expanding their geographic presence in emerging markets like Asia Pacific and Latin America to tap the large untapped potential. Increasing healthcare expenditures, large pool of undiagnosed patients, growing disposable incomes are some factors accelerating the market expansion in developing countries.

Market Drivers

The rising prevalence of obesity is a major driver contributing to the growth of the tongue retaining device market. Obesity is a primary risk factor for obstructive sleep apnea. According to the WHO, worldwide obesity has nearly tripled since 1975. In 2016, approximately 1.9 billion adults were overweight out of which over 650 million were obese. This trend is anticipated to further drive the demand for tongue retaining devices.

PEST Analysis

Political: Regulations around device safety, accuracy of claims made, and protection for patented designs can affect market dynamics.

Economic: Disposable incomes affect willingness to spend on anti-snoring devices, especially less invasive and lower cost options. Overall economic growth impacts the size of the tongue retaining device market.

Social: Increased social awareness around sleep health and the impact of snoring on relationships drives some individuals to try tongue retaining devices. Changing attitudes towards issues like sleep may continue to support market growth.

Technological: New materials and designs that improve comfort and adherence could help products gain greater acceptance. Connected monitoring features may also impact the market as tech-enabled care expands.

The Asia Pacific region represents a major share of the global market value due to large population sizes and growing incomes in many countries. North America currently has the highest per capita spending and forms an important market, while Europe also captures a substantial portion of worldwide sales. Looking forward, developing regions such as Latin America and the Middle East & Africa are projected to experience the fastest market growth rates over the forecast period. This is attributable to rising standards of living, increased prioritization of lifestyle diseases, and global marketing initiatives by industry players. While developing status remains, the potential for future expansion is considerable in these geographical areas.

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