Press release
Sleep Aids Market Trends, Segment and Future Growth to 2023 - Major Key Players (Sanofi, Merck & Co., Pfizer, Koninklijke Philips N.V. (Philips), GlaxoSmithKline Plc, Care Fusion Corporation, Cadwell, SleepMed).
Sleep Aids are medical devices or drugs that help a person to fall asleep. Lack of proper sleep cycle, termed as sleep disorders have adverse effects on one’s health and work life. Sleep Disorders are generally a result of varies in sleeping patterns caused by psychiatric problems, medical issues, and environmental issues.
Request for Sample @ https://www.marketdataforecast.com/market-reports/global-sleep-aids-market-1790/request-sample
The larger usage of caffeine, alcohol and tobacco has been leading to sleep disorders in the population. This has been one of the main factor driving the growth of sleep aids market. Further, huge demand for sleeping pills as a result of stressful modern lifestyle, sleep disorder awareness initiative by many organization have also contributed in the rapid growth of the market. Apart from drivers, the sleep aids market also faces some challenges and restraints which include, side effects associated with sleeping aids medications and patent expiration of the treatment pills for sleep disorders.
Sleep Aids Market Forecast Report (2018-2023)
The Global Sleep Aids Market Value worth was USD 67.37 billion in 2018 and estimated to be growing at a CAGR of 6.32%, to reach USD 91.53 billion by 2023.
Browse Report Brief and TOC @ https://www.marketdataforecast.com/market-reports/global-sleep-aids-market-1790/
Sleep Aids Market Segmentation
The Global sleep aids market is classified on the basis of Sleep disorders, Products and Medication types. Based on the sleep disorder sleep aids market is classified under Restless legs syndrome, Insomnia, Sleep Apnea, Narcolepsy and Sleep walking. By product the market is classifiedinto Mattresses & Pillows, Sleep Laboratories, Medication and Sleep apnea devices. On the basis of Medication types the segmentation is done under Prescription-based Drugs, OTC drugs and the Herbal Drugs. Sleep apnea remains to be the fastest growing segment compared to the other sleep disorders, whereas Mattresses and pillows are expected to continue leading the sleep aids market in upcoming years. On the basis of medication type, prescription medications hold the largest share in the current market.
Sleep Aids Market geographical segmentation
On the basis of geographical analysis, the global sleep aids market is classified under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Sleep Aids market is dominated by North America, with overall market share of over 50% globally. North America was followed by Europe and Asia-Pacific. Asia Pacific is expected to exhibit the CAGR of almost 6.9% against North America’s CAGR of 5.9% over the upcoming years.
Key Developments in the Market
In January 2018, Takeda Pharmaceutical Co. Ltd. (Takeda) was announced an agreement with Unipharm Inc., to acquire the range of over-the counter (OTC) medicines and food supplements business unit. The partnership targeted the promotion and sale of these products in Russia, where Takeda already has a strong presence.
In August 2017, EarlySense LTD, the inventor for a sleep monitor known as EarlySense Live, and SleepMed Inc., announced a partnership agreement, to provide consumers with a solution that would help them to identify the sleep disorders that may impact their health
Buy now @ https://www.marketdataforecast.com/cart/buy-now/global-sleep-aids-market-1790/
Major Players:
Major players in the current market are :
Sanofi
Merck & Co.
Pfizer
Koninklijke Philips N.V. (Philips)
GlaxoSmithKline Plc
Care Fusion Corporation
Cadwell
SleepMed Natus Medical manufactures
DeVilbiss Healthcare LLC.
Customize Report @ https://www.marketdataforecast.com/market-reports/global-sleep-aids-market-1790/customize-report
About Us
Market Data Forecast is dedicate working in the areas of market research, business intelligence and consulting. We have a great experience in research and consulting for different business domains to cater the needs of both individual and corporate clients.
For more information:
Abhishek Shukla
Sales Manager at Market Data Forecast
Email: abhishek@marketdataforecast.com
Tel: +1-888-702-9626
Website: www.marketdataforecast.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Sleep Aids Market Trends, Segment and Future Growth to 2023 - Major Key Players (Sanofi, Merck & Co., Pfizer, Koninklijke Philips N.V. (Philips), GlaxoSmithKline Plc, Care Fusion Corporation, Cadwell, SleepMed). here
News-ID: 1421442 • Views: …
More Releases from Market Data Forecast
Coke Oven Batteries Market Share, Industry Analysis & Forecast Report 2024-2029.
According to the latest research report published by Market Data Forecast, the global coke oven batteries market was valued at US$ 5.66 billion in 2023 and is predicted to reach US$ 30.24 billion by 2029, with a CAGR of 32.22% during the forecast period 2024 - 2029.
The coke oven battery includes battery machines and a group of coke ovens. Charging of coal into the furnace and unloading of coke from…
Marketing Automation Software Market is set for a Potential Growth Worldwide
According to the latest research report published by Market Data Forecast, global marketing automation software market is anticipated to be worth USD 12.89 billion by 2029 from USD 6.96 billion in 2024, growing at a CAGR of 13.12% from 2024 to 2029.
The marketing automation software market is experiencing strong growth, driven by rising demand for streamlined marketing operations. HubSpot, Market, and Salesforce are the dominant players in the market, providing…
Injection Molding Market Sees Explosive Growth Globally
According to the latest research report published by Market Data Forecast, the global injection molding market was worth USD 21.34 Billion in 2023. The global market is anticipated to grow at a CAGR of 5.94% from 2024 to 2029 and be worth USD 30.17 billion by 2029 from USD 22.61 billion in 2024.
Injection molding equipment includes mechanical machines that utilize injection molding procedures to obtain injection-molded plastic goods. Injection molding…
Analyzing the Pickles Market Worldwide
The global pickles market size is expected to be valued at USD 11.21 billion in 2024 and reach USD 12.86 billion by 2029, growing at a CAGR of 2.8% from 2024 to 2029.
Global Pickles Market Report Scope:
• Market Size (2029): USD 12.86 billion
• Market Size (2024): USD 11.21 billion
• CAGR (2024 to 2029): 2.8%
• Base Year: 2023
• Forecast Period: 2024 to 2029
• Segments Analysed: By Type, Distribution Channel, and Region
• Geographies Covered: North…
More Releases for Sleep
Sleep Tracker Apps Market 2020 Technological Advancement, Trends and Prominent K …
Global Sleep Tracker Apps Market Report inspect the Market Size, Share, Demand, Growth Rate, Trend, Business Opportunity, Industry Applications, Analysis and Forecast to 2020-2024. It is based on advance Technology, upcoming growth opportunities. The market is classified into different segments based on regions, application and end-user.
Get Sample Copy @ https://www.orianresearch.com/request-sample/1543759 …
Sleep Tracker Apps Market Incredible Growth and Current Demands with Top Compani …
The Sleep Tracker Apps Market research Report is a valuable supply of perceptive information for business strategists. This Premium Tyres Market study provides comprehensive data which enhances the understanding, scope and application of this report.
The key market segments along with its subtypes are provided in the report. This report especially focuses on the dynamic view of the market, which can help to manage the outline of the industries. Several analysis…
Help with Sleep Apnea Disorder & Sleep Apnea Treatment
Obstructive Sleep Apnea (OSA) is thought to affect at least 1.5 million adults in the UK and a whopping 22 million people in the US. You may be one of those affected or you may be the partner of someone with OSA.
Sleep apnea can include trouble falling asleep, trouble maintaining sleep, snoring, waking up in the night and catching your breath in your sleep. The disorder causes people to pause…
Global Sleep Tracker Apps Market 2019 - Sleep Tracker, Sleep Time, Alarm Clock X …
A sleep tracker app is a simple yet effective app that you can install on your smartphone.
In 2018, the global Sleep Tracker Apps market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
Apex Market Research, recently published a detailed market research study focused on the “Sleep Tracker Apps Market 2019” across the global,…
Sleep Disorder Monitoring Market Report 2018: Segmentation by Product (Type I Sl …
Global Sleep Disorder Monitoring market research report provides company profile for ResMed, Invacare, Philips, Braebon Medical, Compumedics and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the…
Sleep Aids Market Report 2018: Segmentation by Product (Mattress & Pillows, Slee …
Global Sleep Aids market research report provides company profile for Koninklijke Philips N.V., Merck & Co., Sanofi, DeVilbiss Healthcare LLC., Pfizer Inc., SleepMed Inc., Cadwell Laboratories Inc., Compumedics Limited, Natus Medical Incorporated, GlaxoSmithKline plc. and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate,…
