Growing incidence of Obstructive Sleep Apnoea causes global sleep aids market to swell

DataM Intelligence 12 June, 2019
Dallas, US

‘Global Sleep Aids Market – Size, Share and Forecasts (2019-2026)’ from DataM Intelligence provides expert analysis into the market share, size, industry outlook, volume, major manufacturers and future trends in this industry.

Sleep Aids Market Dynamics

According to the Centre for Disease Control and Prevention (CDC), in 2017, around 49.2 million people across the globe have sleeping issues. Increasing awareness about sleep disorders and technological advancements are boosting the global sleep aids market.
Source- https://www.datamintelligence.com/research-report/sleep-aids-market

Global Sleep Aids Market Segmentation

Based on product the market is segmented as mattress and pillows, medication, sleep apnoea devices, and others. Among all these mattresses and pillows accounted for major market share as they are a cost-effective solution.
In May 2017, DeVilbiss Healthcare introduced the P903 Full Electric Expandable Width Low Height Long-Term Care (LTC) bed, to its premium line of mattresses and bedding products.

Based on the sleep disorder- Sleep Deprivation, Narcolepsy, insomnia, sleep apnoea, and others. Among all these insomnia accounted for major market share in 2018.
According to the World Health Organization, in 2018, the prevalence of sleep apnoea impacts more than 936 million people worldwide which is nearly ten times greater than the 2007 estimation.

Global Sleep Aids Market Geographical Share

The global Sleep Aids market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America accounted for a major share in the global sleeping aids market in 2018. This is attributed to the rising number of sleep apnoea disorders.

The Asia Pacific is expected to be the fastest growing region in the global sleeping aids market, owing to the increasing demand for sleeping pills due to stressful modern lifestyle. With the ever-increasing geriatric population, the frequency of sleep disorders is rising, which further creates demand for these products. According to the Food and Drug Administration (FDA), in 2014, in Japan sold around 339 million sleeping pills.

Competition in this market

Significant players of the global sleep aids market are Teva Pharmaceutical Industries Ltd., Merck & Co., Sanofi, DeVilbiss Healthcare LLC. (Drive Medical), Pfizer Inc., SleepMed Inc., Cadwell Laboratories Inc.,

In April 2019, UCHealth incorporated new sleep apnoea advance device, remede implantable device, to treat central sleep apnoea.
In March 2019, the FDA approved Jazz Pharmaceuticals’ Sunosi (solriamfetol) drug to treat obstructive sleep apnoea (OSA).
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Listed below are the topics covered in this research report-
1. Global Sleep Aids Market Methodology and Scope
2. Global Sleep Aids Market – Market Definition and Overview
3. Global Sleep Aids Market – Executive Summary
4. Global Sleep Aids Market – Market Dynamics
5. Global Sleep Aids Market – Industry Analysis
6. Global Sleep Aids Market – By Product
7. Global Sleep Aids Market – By Disorder Type
8. Global Sleep Aids Market – By Region
8.1. Introduction
8.2. North America
8.3. Europe
8.4. South America
8.5. Asia Pacific
8.6. Middle East & Africa
9. Global Sleep Aids Market – Competitive Landscape
10. Global Sleep Aids Market - Company Profiles
11. Global Sleep Aids Market – Premium Insights
12. Global Sleep Aids Market – DataM

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