Introduction

Sleep is a natural requirement that upholds memory, metabolic homeostasis, and other mental function, and normalizes immune function. Sleep aids are medical devices and drugs used to analyze and treat numerous sleep disorders such as insomnia, sleep apnea and bruxism. Lack of sleep leads to sleep sicknesses which are initiated due to therapeutic issues, environmental problems, physical disturbances and psychiatric disorders. These sleep sicknesses are expected to unfavorably distress the human health and lead to various chronic diseases, such as diabetes, stroke, arthritis, and high blood pressure. Thus, it is vital to treat and detect these illnesses at very early stage.

Market Dynamics

Changes in lifestyle due to hectic schedule, growing demand for sleeping pills, upsurge in senior and obese population and rise in disposable income are driving the growth of sleep aids market. Adverse effect of sleep aids medication and patent expiration are some of the ill factors affecting the growth of this market. With the awareness about growing sleep disorders, technological advancement and improvisation are some of the leading factors for the growth of this market.

Market Classification and Overview

The market can be bifurcated on the basis of product type, sleep disorder, and geography. By product type, sleep aids market can be segmented into medications, sleep apnea devices, sleep laboratories, mattress and pillows. Further medications are sub classified into over-the-counter (OTC) drugs, herbal drugs, and prescription-based drugs. By sleep disorder, sleep aids market can be segmented into narcolepsy, sleep walking, restless leg syndrome, sleep apnea, insomnia, bruxism, and others. On the basis of geography, the sleep aids market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market	Sleep Aids Market
Analysis Period	2015 – 2026
Historic Data	2015 – 2016
Base Year	2017
Forecast Data	2018 – 2026
Market Stratification	Product type, Sleep disorder Geography
Regional Scope	North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA)
Report Coverage	Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis

Market Participants

Some of the major players involved in sleep aids market include Merck & Co., Cadwell Laboratories Inc., Pfizer Inc., SleepMed Inc., DeVilbiss Healthcare LLC., Sanofi, Natus Medical Incorporated, DeVilbiss Healthcare LLC., Compumedics Limited, Koninklijke Philips N.V., and GlaxoSmithKline plc among others.

Market Segmentation

Market By Product Type

• Medications
  • Over-the-counter (OTC) Drugs
  • Herbal Drugs
  • Prescription-based Drugs
• Sleep Apnea Devices
• Sleep Laboratories
• Mattress And Pillows

Market By Sleep Disorder

• Narcolepsy
• Sleep Walking
• Restless Leg Syndrome
• Sleep Apnea
• Insomnia
• Bruxism
• Others

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA

 

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