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Tongue Retaining Device Market Is Set To Exhibit 10.4% CAGR Through 2031 Driven By Increasing Awareness Of Sleep Disorders

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Poonam
Tongue Retaining Device Market Is Set To Exhibit 10.4% CAGR Through 2031 Driven By Increasing Awareness Of Sleep Disorders

The tongue retaining device market has gained significant attention in recent years on account of the surging prevalence of sleep apnea and other sleep disorders worldwide. Tongue retaining devices are becoming increasingly popular sleep aids that help reduce mild to moderate snoring and obstructive sleep apnea by holding the tongue in place to prevent it from blocking the airway during sleep. Such devices are usually made of thermoplastic material and come with adjustable straps to keep the tongue in the forward position. They are convenient to use, more comfortable than CPAP machines, and provide a cost-effective alternative for treating mild sleep disorders.


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 10.4% 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 demand for non-invasive and easy-to-use sleep aid devices is a major factor fueling the growth of tongue retaining devices globally. Manufacturers are focusing on developing innovative designs that are more effective and comfortable for reducing snoring and sleep apnea caused due to the vibrating tongue.


Key players are expanding their Tongue Retaining Device Market Trends geographical footprint in high growth regions through strategic collaborations and distribution agreements. The market is witnessing increased adoption in Asia Pacific and Latin America driven by rising health awareness and disposable incomes in developing countries.


Market key trends


Increasing popularity of oral appliances is a key trend shaping the tongue retaining device market. Oral appliances are gaining traction as the first line of defense against moderate sleep apnea due to their convenience and lower cost compared to bulky CPAP machines. Manufacturers are focused on leveraging new materials and customization technologies to design more effective and comfortable oral appliances including tongue retaining devices. This is expected to boost their adoption in the coming years.


Porter's Analysis


Threat of new entrants: The high cost associated with the regulatory requirements, licensing and manufacturing setup makes it difficult for new players to enter the tongue retaining device market.


Bargaining power of suppliers: The availability of various suppliers providing raw materials does not give them a strong position to influence pricing.


Bargaining power of buyers: The growing number of companies offering tongue retaining devices gives buyers more options to choose from at competitive prices.


Threat of new substitutes: There are limited substitutes available to replace tongue retaining devices for treating snoring and sleep apnea.


Competitive rivalry: The presence of many global and regional players intensifies the competition in the tongue retaining device market.


Geographical RegionsNorth America dominates the tongue retaining device market in terms of value due to increasing awareness about sleep disorders, growing healthcare expenditure and presence of major players in the US and Canada.


Asia Pacific is expected to grow at the fastest rate during the forecast period led by expanding medical tourism industry, rising generic drug manufacturers in India and China coupled with increasing acceptance of tongue retaining devices for treating sleep apnea.


Geographical Regions


North America accounts for the largest share of the tongue retaining device market due to rising prevalence of obstructive sleep apnea, growing geriatric population and availability of reimbursement services from private and public healthcare plans. The US holds the major market share within the region.


The Asia Pacific region is anticipated to witness the highest growth over the forecast period. Factors such as increasing healthcare expenditures, growing awareness about sleep disorders, expanding medical tourism industry and rapid establishment of manufacturing plants by leading players are boosting the adoption of tongue retaining devices across China and India.

Get more insights, On Tongue Retaining Device Market


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