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Major Force in the Digital Insomnia Therapeutics Market 2025: Rising Adoption Of Digital Health Driving Growth In The Digital Insomnia Therapeutics Market
The size of the digital insomnia therapeutics market has shown robust expansion in the recent past. It's projected to increase from $3.27 billion in 2024 to $3.49 billion in 2025, with a compound annual growth rate (CAGR) of 6.64%. The surge in this period is credited to factors such as the intensified emphasis on sleep disorder knowledge, expansion in cross-platform compatibility, the emergence of eco-friendly apparatus, development of sustainable digital therapeutics alternatives, and the heightened concentration on mental health.
Over the coming years, the digital insomnia therapeutics market size is anticipated to experience significant growth, surging to $4.47 billion by 2029 with a compound annual growth rate (CAGR) of 6.38%. The predicted expansion in the forecast period is attributable to factors such as the application of virtual reality in sleep therapy, focus on developing user-friendly platforms, heightened funding in sleep studies, the launch of voice-assisted sleep therapeutic solutions, and the uptake of hybrid sleep treatment methodologies. Brewed trends during the forecast period comprise advancements in digital health technology, the inclusion of cognitive behavioral therapy, the use of AI and machine learning to enhance treatment, synchronization with other health apps, and the creation of multilingual platforms.
What Key Elements Are Boosting Growth in the Digital Insomnia Therapeutics Market?
The anticipated increment of digital health utilization is likely to spur the growth of the digital insomnia therapeutics market. Essentially, digital health encompasses the application of digital tools, platforms, and technology to improve care delivery, patient outcomes, and enable individuals to effectively manage their wellbeing. It is witnessing increased uptake due to factors like a surge in demand for affordable and easy-to-access healthcare, the rise in chronic ailments, improved consciousness around preventive care, and telehealth services proliferation. Digital insomnia therapeutics enhance digital health by offering technology-fueled solutions, such as wearable gadgets and mobile applications, to track, diagnose, and manage sleep-related disorders, thereby improving health results broadly and integrating with extensive healthcare systems. For example, Rock Health, a corporation based in the U.S, revealed in our 2022 survey that 80% of the surveyed participants claimed to have used telemedicine at least once in their lifetime, reflecting an increase of eight percentage points from 72% in 2021. Thus, the uptick in digital health utilization is propelling the digital insomnia therapeutics market's expansion.
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Who Are the Major Industry Players Fueling Digital Insomnia Therapeutics Market Expansion?
Major companies operating in the digital insomnia therapeutics market are Pear Therapeutics Inc., Zuellig Pharma Holdings Limited, Calm.com Inc., Headspace Inc., Big Health Inc., Click Therapeutics Inc., Silvercloud Health Limited, Nox Health Group Inc., OPTT Inc., Curve Health Inc., Bodymatter Inc., Sana Health Group, SleepCogni Limited, Stellar Sleep, Somnus Therapeutics Inc., SleepScore Labs, HoneyNaps USA Inc., Sliiip, Neurovalens Ltd., WELT Corp
What Are the Emerging Trends in the Digital Insomnia Therapeutics Industry?
Significant businesses in the digital insomnia therapeutics market are concentrating their efforts on producing innovative solutions like software-based mobile applications. These apps offer personalized, accessible, and economical treatment options to manage insomnia. This type of mobile app, specifically built for smartphones or tablets, manages insomnia with features such as sleep monitoring, relaxation exercises, cognitive-behavioral therapy, and tailored sleep suggestions. For example, Big Health Inc., an American mental health services firm, publicized the approval of their SleepioRx by the United States Food and Drug Administration for the treatment of chronic insomnia in adults in tandem with their regular care in August 2024. The SleepioRx application is designated for treating chronic insomnia and sleep disorders in adults above 18 years old. Crucially, it offers science-backed techniques focusing on psychological and behavioural aspects that perpetuate chronic insomnia and sleep-related issues.
How Is the Segmentation of the Digital Insomnia Therapeutics Market Defined?
The digital insomnia therapeutics market covered in this report is segmented -
1) By Type: Sleep Tracking Apps, Relaxation And Meditation Apps, Cognitive-Behavioral Therapy For Insomnia (CBT-I), Wearable Devices, Other Types
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Other Distribution Channels
3) By Applications: Medical, Household
Subsegments:
1) By Sleep Tracking Apps: Basic Sleep Monitoring Apps, Advanced Sleep Monitoring Apps, Smart Alarm Apps
2) By Relaxation And Meditation Apps: Guided Meditation Apps, Breathing Exercise Apps, Sleep-Inducing Music Apps
3) By Cognitive-Behavioral Therapy For Insomnia (CBT-I): Digital CBT-I Programs, CBT-I Mobile Apps, Online CBT-I Therapy Platforms
4) By Wearable Devices: Sleep-Tracking Wearables, Smartwatches With Sleep Tracking, Wearable Devices With Biofeedback For Insomnia
5) By Other Types: Virtual Reality (VR) Therapy For Insomnia, Biofeedback Devices, Transcranial Magnetic Stimulation (TMS) Devices For Sleep
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What Is the Leading Region in the Digital Insomnia Therapeutics Market?
North America was the largest region in the digital insomnia therapeutics market in 2024. The regions covered in the digital insomnia therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Digital Insomnia Therapeutics Global Market Report?
- Market Size Analysis: Analyze the digital insomnia therapeutics Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the digital insomnia therapeutics Market for effective categorization.
- Key Player Focus: 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 digital insomnia therapeutics market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the digital insomnia therapeutics market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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