South Korea Anti-Snoring Devices Market Overview, 2028

In South Korea, the anti-snoring market is growing at an exemplary rate because of one of the best healthcare systems in the world that is less expensive compared to other Western countries, with over 8% of the total GDP spent on healthcare. There is abundant health awareness in South Korea, including economic development and universal health coverage, government funding, and corporate support, which are reasons for the excellent healthcare system of South Korea. Yet now south Korean market is unpenetrated, rise in Tuberculosis, obesity, large number of cardiovascular diseased patients can drive anti-snoring device market OF south korea backed by high healthcare expenditure, & universal healthcare coverage as well as excellent public awareness and a large number of untapped snoring population are the main factors driving the growth of this market. Businesses that are developing new device types and utilizing innovative R&D facilities, funding & availability of resources boostup for startups are also creating several opportunities for the nation & global anti-snoring device market to grow. One of the primary drivers of the anti-snoring device market in south korea is the well awareness of the health risks associated with snoring and sleep apnea, backed by developed nation according to an American study it was proved that obstructive sleep apnea causes mortality in south korea & non alcoholic fatty liver disease is one of the most common disease of south korea which is associated to sleep apnea which can fuel anti-snoring devices market in future. Furthermore, the rise in geriatric population in south korea is also driver of the anti-snoring device market. According to the research report "South korea Anti-Snoring Market Overview, 2028," published by Bonafide Research, the south korea Anti-Snoring market is expected to add around USD 8 Million by 2028. The market is divided into mandibular advancement devices, nasal devices, position control devices, chin straps, EPAP/CPAP, and tongue stabilizing devices & several other devices based on product type. During the forecast period, Chin Straps had the largest market share. Chin straps are a popular anti-snoring device in south korea because they are a non-invasive and affordable solution as well as easy availability for many people. In the japan, position control devices have a higher CAGR. In recent years, position control devices have undergone effective treatment & price of treatment is reduced, making them more comfortable while sleeping. These advancements may be helping to drive up demand for these devices in the south korea. Hospitals have the largest market share for the distribution of anti-snoring devices because of their inexpensiveness compared to private hospitals & clinics & best government support in healthcare system as well as subsidies on treatment. Hospitals are the primary source of diagnosis and treatment for sleep disorders, including snoring and sleep apnea. E-commerce has the highest CAGR for the distribution of anti-snoring devices due to the fact that easy & well technology usage as well as developed country has good ecommerce market.

In south korea, there are several medical device manufacturer s – KAZAMA ENT CO.,LTD, YEOLLIN SESANG CO., Bitvalue, MK medical, CLPharm CO, BISON MEDICAL, DAEYANG medical, including ildong pharmaceutical, humetron, 10minds co., ltd, osstem implant, ACMEDI KOREA Co., Ltd, & etc. 10minds a south Korean company has made smart pillow (motion pillow) with solution box which analyses sleep pattern by head position & breathing pattern After that, it will translate the data algorithms into the necessary adjustments to help the sleeper's breathing patterns by widening airways, so reducing snoring. The changes are made using built-in airbags that alter the contour of the cushion and gently lift or lower the head of the sleeper which costs about 350-400 USD. Humetron a south Korea based company is making anti-snoring nasal dilator that is effective in control of snoring & it costs about 23 USD. Ildong a home based company is making Anti-snore nose vent device which stops snoring naturally costs about 44 USD. There are several start-ups, MNCs & small scale medical device manufacturers in south korea that are making anti-snoring devices, furthermore south Korea anti-snoring devices market can boom as awareness of anti-snoring devices increases further. Considered in this report • Geography: South korea • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • South korea Anti-Snoring market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation

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Manmayi Raval

Research Consultant

By Product Type: • Mandibular Advancement Device • Nasal Device • Position Control Device • Chin Straps • EPAP/CPAP • Tongue Stabilizing & others By Distribution Chanel: • Hospitals • Clinics • Retail Pharmacies • E-commerce • Others The approach of the report: This report consists of a combined approach of primary and secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in it. The secondary research consists of third-party sources such as press releases, annual reports of companies, government-generated reports, and databases. After gathering the data from secondary sources, primary research was conducted by making telephone interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this; we have started doing primary calls to consumers by equally segmenting them in regional aspects, tier aspects, age group, and gender. Once we have primary data with us, we can start verifying the details obtained from secondary sources.

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Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations and organizations related to the Anti-Snoring Device industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.