1. Market Research
  2. > Pharmaceutical
  3. > OTC Market Trends
Global Sleeping Aids Market: Market Segments: By Product Type ; By Sleep Disorder ; and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030

Global Sleeping Aids Market: Market Segments: By Product Type ; By Sleep Disorder ; and Region – Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030

  • January 2022
  • 178 pages
  • ID: 6191716
  • Format: PDF
  • Fatpos Global Pvt. Ltd.

Summary

Table of Contents


Product Overview
Pills and medical equipment used in the diagnosis and treatment of sleep disorders are sleep aids. Different items such as drugs, sleep labs, sleep apnea machines, and mattresses & pillows consist of sleep aids. In general, medicines include drugs that help promote sleep by restricting central nervous system behaviors. Sleep is a biological necessity that maintains metabolic homeostasis, affects and controls immune function, memory, and other cognitive functions. Drugs and medical equipment used to diagnose and treat different sleep disorders, such as sleep apnea and insomnia, are sleep aids. Lack of quality sleep results in sleep disturbances induced by medical conditions, physical disorders, environmental concerns, and psychological disorders. It is predicted that these sleep disturbances will adversely affect human health and lead to a variety of chronic illnesses, including high blood pressure, diabetes, arthritis, and stroke. It is necessary, therefore, to treat and d. Thus, it is important to treat and diagnose these disorders at an early stage.

Market Highlights
Global Sleeping Aids Market is expected to project a notable CAGR in 2030.
Global Sleeping Aids Market to surpass USD XXXX million by 2030 from USD XXXX million in 2018 at a CAGR of XX% throughout the forecast period, i.e. 2019-30. Increased consumer disposable income, combined with growing public perception of the adverse effects of sleep disorders, would increase the market size of sleep aids over the projected period. Besides, sleep disorders, such as cardiovascular diseases and diabetes, may adversely affect human health and cause chronic diseases. The above factors would provide lucrative growth for the demand for sleep aids in the coming years. Growing occurrence of sleep disorders such as chronic insomnia, obstructive sleep apnea, narcolepsy will also stimulate business growth in the coming years with global sleep aids.
Global Sleeping Aids Market: Segments
Mattresses and Pillows Segment to grow with the highest CAGR during 2019-30
Global Sleeping Aids Market is segmented by product type into Mattresses and Pillows, Sleep Laboratory Services, Medication, Sleep Apnea Devices. Increased consumer disposable income, combined with growing public perception of the adverse effects of sleep disorders, would increase the market size of sleep aids over the projected period. Besides, sleep disorders, such as cardiovascular diseases and diabetes, may adversely affect human health and cause chronic diseases. The above factors would provide lucrative growth for the demand for sleep aids in the coming years. Growing occurrence of sleep disorders such as chronic insomnia, obstructive sleep apnea, narcolepsy will also stimulate business growth in the coming years with global sleep aids.
The sleep apnea to grow with the highest CAGR during 2019-30
Global Sleeping Aids Market is segmented by sleeping disorder into Insomnia, Sleep Apnea, Restless Legs Syndrome, Narcolepsy, Sleep Walking. Sleep apnea is expected to hold a major market share of XX% in 2018 mainly on account of the widespread burden of OSA, widespread burden, the growing geriatric population, and the production of technologically advanced portable devices for sleep apnea. The majority of OSA cases remain undiagnosed, as per an article published in the News Medical Lifesciences portal in July 2020, because symptoms are often mild and there is a shortage of diagnostic tools. Therefore, to solve the problem, Finnish computer science students developed an Android programme, Apnea Tracker, which uses the sensors of a smartphone or smartwatch to control the user’s snoring through a microphone.
Global Sleeping Aids Market: Market Dynamics
Drivers
Growing Prevalence of Insomnia
Growing incidence of sleep disorders such as chronic insomnia, obstructive sleep apnea, and narcolepsy would stimulate global sleep development. Sleeping aids are involved in insomnia and OSA treatment, which in turn is driving the growth of the global market for sleeping aids. Besides, lifestyle changes and stressful working environments interfere with sleep patterns, leading to different sleep disorders. This acts as a key driving force that in the coming years will stimulate global sleep aids business growth.
Growing Adoption of Wearable Monitors and Sensors
Another main factor for the global sleeping aids market is the increasing adoption of wearable tracking devices and sensors. These instruments record and distribute data concerning different physiological circumstances. Sensor-equipped systems perform different purposes, such as tracking sleep disorders and assessing the quality of sleep. Besides, the quality of sleep is also hindered by long working hours, working in various shifts, hectic working climate, and stressful conditions, along with excess workload. All of these factors contribute to a growing acceptance of OTC sleeping pills that help a person fall asleep, which in turn has a positive effect on the demand for sleeping aids.
Restrain
High cost of Sleeping Aids products
Another main factor for the global sleeping aids market is the increasing adoption of wearable tracking devices and sensors. These instruments record and distribute data concerning different physiological circumstances. Sensor-equipped systems perform different purposes, such as tracking sleep disorders and assessing the quality of sleep. Besides, the quality of sleep is also hindered by long working hours, working in various shifts, hectic working climate, and stressful conditions, along with excess workload. All of these factors contribute to a growing acceptance of OTC sleeping pills that help a person fall asleep, which in turn has a positive effect on the demand for sleeping aids.
Global Sleeping Aids Market: Regions
Global Sleeping Aids Market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, APAC, and MENA.
Global Sleeping Aids Market in North America held the largest market share of XX.X% in the year 2018 due to increased prevalence of sleep disorders, increased spending on health services, enhanced facilities for healthcare, and efforts and funding from public and private organizations to raise awareness of sleep hygiene and disorders. Due to the high consumption rate of sleeping pills, low production costs of related goods increased geriatric population, and widespread sleeping disorder burden, APAC is projected to be the fastest-growing area in the sleeping aids industry.

Competitive Landscape:
Global Sleeping Aids market, which is highly competitive, consists of several major players. Companies, such as BRAEBON Medical Corporation, Löwenstein Medical GmbH & Co. KG, hold a substantial market share in the Global Sleeping Aids market. Other players analyzed in this report are GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited, Natus Medical Incorporated, Pfizer Inc., Merck & Co. Inc., Koninklijke Philips N.V., and ResMed Inc among others
Recently, various developments have been taking place in the market. For instance, In January 2020, SleepScore Labs, which offers data-backed sleep solutions, announced its partnership with Serta Simmons Bedding LLC (SSB). These two companies partnered on a first–of–its–kind sleep study to explore the effects of sleeping on the iComfort by Serta CF4000 mattress and its ability to create comfortable and restful sleep.

Global Sleeping Aids Market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe

APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Sleeping Aids Market:

Key Players
Koninklijke Philips N.V
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Acelity L.P. Inc. (Kinetic Concepts, Inc.)
Sanofi
Merck & Co. Inc.
Pfizer Inc.
SleepMed Inc.
Cadwell Industries Inc.
Natus Medical Incorporated
Drive DeVilbiss Healthcare
Takeda Pharmaceutical Company Limited
Compumedics Limited
Tempur Sealy International Inc.
GlaxoSmithKline plc
Serta Simmons Bedding LLC

Global Sleeping Aids Market report also contains analysis on:
Global Sleeping Aids Market Segments:
By Product Type:
Mattresses and Pillows
Sleep Laboratory Services
Medication
Sleep Apnea Devices

By Sleep Disorder:
Insomnia
Sleep Apnea
Restless Legs Syndrome
Narcolepsy
Sleep Walking
Global Sleeping Aids Market Dynamics
Global Sleeping Aids Market Size
Supply & Demand
Current Trends/Issues/Challenges

Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Neurodiagnostics Market Research Report by Product, Indication, End User, State - United States Forecast to 2027 - Cumulative Impact of COVID-19

  • $ 2949
  • April 2022
  • 101 pages

Neurodiagnostics Market Research Report by Product (Clinical Testing Instrument, Diagnostic & Imaging System, and Reagent & Consumable), Indication, End User, State (Ohio, Pennsylvania, and Florida) - ...

  • United States
  • Diagnostic Imaging
  • Medical Device
  • Industry analysis
  • Medical Technology Density

ref:plp2021

Reportlinker.com © Copyright 2022. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on