Dental Sleep Medicine Market 2022: Key Players, Market size, challenges, and opportunities

 

Dental Sleep Medicine Market

Global Dental Sleep Medicine Market Overview

Dental sleep medicine refers to an area in dental practice that uses therapies including oral appliances for treating sleep disorders. These oral appliances include nasal masks, positive airway pressure (PAP) devices, and airway systems. These therapies also include drugs like Nuvigil (armodafinil) and Provigil (modafinil). Dental sleep medicines are used to treat sleep disorders such as snoring, bruxism, sleep apnea, and upper airway resistance syndrome. The global dental sleep medicine market is estimated to flourish at a steep CAGR during the forecast period.

One of the primary factors powering the growth of the dental sleep medicine market is the rising prevalence of sleep apnea across the globe. As per the American Academy of Dental Sleep Medicine, approximately 30 million adults in the U.S. are diagnosed with obstructive sleep apnea. Further, unmet medical needs are also contributing to the boosting global dental sleep medicine market. Sedentary lifestyle, long working hours, exposure to noise, and light pollution are some prominent factors identified to burgeon growth in the global dental sleep medicine market in the foreseeable future.

Moreover, people suffering from sleep disorders due to factors such as the family history of asthma, diabetes, smoking, hypertension, excess weight, and narrowed airways. A rising prevalence in all the aforementioned diseases is pushing the dental sleep medicine market indirectly. A growing geriatric population across the globe and the adoption of the latest technologies are seen ascending the demand for dental sleep medicines through the assessment period. Although the global dental sleep medicine market is likely to flourish adequately through the forecast period, some factors are hindering such growth to a certain extent. The dearth of patient awareness and high treatment costs, among others, are some of the factors restraining the market from capturing higher peaks on the growth chart.

Key Players

The global dental sleep medicine market showcases the presence of many prominent players including Koninklijke Philips N.V., Fisher & Paykel Healthcare, ResMed, Curative Medical Inc., Apex Medical Corporation, Drive DeVilbiss Healthcare, Becton, BMC Medical Co. Ltd., Dickinso, and Company.

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Market Segmentation

The global dental sleep medicine market is studied for various segments carried out on the basis of treatment, diagnostics, and end-user. Based on treatment, the global dental sleep medicine market is segmented into drugs, surgery, airway systems, positive airway pressure (PAP) device, and nasal & oral devices. The PAP segment is forecasted to lead the global dental sleep medicine market through the assessment period.

Based on diagnostics, the dental sleep medicines market is segmented into home oximetry, actigraph, respiratory polygraphy, and polysomnography. On the basis of end-user, the dental sleep medicine market is studied for the segments of home, hospitals, sleep laboratories. Among these segments, the sleep laboratories and hospitals segments are prognosticated to hold the largest market share.

Detailed Regional Analysis

The global dental sleep medicine market is regionally segmented into North America, Asia Pacific, Europe, and the Middle East & Africa. Among these, North America is projected to hold the largest share in the dental sleep medicine market during the forecast period. North America is dominated by the U.S. owing to the high per capita income, better reimbursement policies for medical devices and a larger healthcare market. Additionally, a high concentration of notable medical device manufacturers in the U.S. is also estimated to drive the dental sleep medicines in the region to a great extent.

Europe is expected to follow North America and garner the second largest market share, globally for dental sleep medicines, just like it did in 2016. Asia Pacific is likely to flourish in the conjectured time period owing to largely unmet needs in the residing developing nations present in the region. Both, Asia Pacific and the Middle East & Africa are predicted to ascend at the fastest rate owing to a proliferated growth in high-tech and low-tech dental sleep medicine products over the forecast period.

Key Players

The global dental sleep medicine market showcases the presence of many prominent players including Koninklijke Philips N.V., Fisher & Paykel Healthcare, ResMed, Curative Medical Inc., Apex Medical Corporation, Drive DeVilbiss Healthcare, Becton, BMC Medical Co. Ltd., Dickinso, and Company.

Industry Update

May 2019: CinchORTHO, a Coleraine Dental Laboratory has developed two anti-snoring devices that are designed to prevent not only snoring but in severe cases, even sleep apnea. These devices work by holding the jaw forward in an open position in a gentle manner which enables a steady airflow through the mouth.

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