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Surge Ahead with Insights from Sleeping Aids Global Market Report 2025: Unraveling Market Size, CAGR, Key Drivers, and Emerging Trends

01-21-2025 01:06 PM CET | Health & Medicine

Press release from: The Business Research Company

Sleeping Aids Market Size

Sleeping Aids Market Size

Unearth the dynamics of the global Sleeping Aids market with in-depth insights into its projected size, growth rate, key players, and trends.

What Is The Projected Market Size Of The Global Sleeping Aids Market And Its Growth Rate?
- In 2024, the sleeping aids market size stood at $89.05 billion.
- The market is projected to expand to $95.75 billion in 2025, recording a compound annual growth rate (CAGR) of 7.5%.
- The market's robust growth can be attributed to factors such as increased stress and sleep disorders, aging population, lifestyle changes, education and awareness, and consumer preference for natural remedies.
- By 2029, the sleeping aids market size is anticipated to reach $135.66 billion, growing at a compound annual growth rate (CAGR) of 9.1%.

What Is Driving The Growth In The Sleeping Aids Market?
The growth of the sleeping aids market is being fueled by the increasing incidence of sleep disorders. These disorders, resulting from lack of sleep, have a significant impact on a person's overall health, leading to their widespread use as a means to reduce cognitive impairment caused by sleep deprivation and improve short-term sleep quality. For instance, a January 2022 report by the US-based National Center for Biotechnology Information revealed that sleep problems were prevalent among various demographic segments, including COVID-19 patients, children and adolescents, healthcare workers, special populations with healthcare needs, university students, and the general population. This underlines the escalating incidence of sleep disorders that is propelling the growth of the sleeping aids market.

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Who Are the Key Players Driving Sleeping Aids Market Growth?
The key players driving growth in the sleeping aids market include:
- Cadwell Industries Inc.
- Compumedics Limited
- DeVilbiss Healthcare Pvt. Ltd.
- Merck & Co. Inc.
- Natus Medical Incorporated
- Novartis AG
- Pfizer Inc.
- Sanofi SA
- Sleepmed Inc.
- Eisai Co. Ltd.
- ResMed Inc.
- Fisher & Paykel Healthcare Corporation Limited
- Braebon Medical Corporation
- Löwenstein Medical GmbH & Co. KG
- Takeda Pharmaceutical Company Limited
- Koninklijke Philips N.V.
- AstraZeneca PLC
- Apnea Sciences Corp.
- Boehringer Ingelheim International GmbH
- Teva Pharmaceutical Industries Ltd.
- Vanda Pharmaceuticals Inc.
- Cadila Healthcare Limited
- Johnson & Johnson Services Inc.
- BMC Medical Co. Ltd.
- Cleveland Medical Devices Inc.
- Serta Simmons Bedding LLC
- Tempur Sealy International Inc.
- Sleep Number Corporation
- Casper Sleep Inc.
- Purple Innovation Inc.
- Leesa Sleep LLC

What Are The Key Trends In The Sleeping Aids Market?
Emerging trends in the sleeping aids market include:
- Emphasis on wellness and self-care
- Integration with modern technology
- Education about sleep hygiene
- Focus on regulatory safety
- Expansion of personalized and home-based sleep solutions
- Preference for natural and non-invasive sleep solutions

What Are The Segments Of The Global Sleeping Aids Market?
The Sleeping Aids Market can be segmented as follows:
- By Product: Mattresses And Pillows, Sleep Laboratories, Medications (Prescription-Based Drugs, OTC Drugs, Herbal Drugs), Sleep Apnea Devices
- By Indication: Insomnia, Sleep Deprivation, Narcolepsy, Sleep Apnea, Other Indications
- By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, E-Commerce, Drug Stores, Other Distribution Channels

Which Region Leads The Sleeping Aids Market?
North America emerged as the largest market for sleeping aids in 2024. On the other hand, the Asia-Pacific region is expected to exhibit the fastest growth during the forecast period. The report covers all major regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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What Is Covered In The Sleeping Aids Global Market Report?
- Market Size Analysis: Analyze the Sleeping Aids Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sleeping Aids Market for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sleeping Aids Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sleeping Aids Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

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