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Key Influencer in the Sleeping Aids Market 2025: Rising Incidence Of Sleep Disorders Sparks Growth In Sleeping Aids Market Driver

02-26-2025 08:22 AM CET | Health & Medicine

Press release from: The Business Research Company

Sleeping Aids Market Size

Sleeping Aids Market Size

What market dynamics are playing a key role in accelerating the growth of the sleeping aids market?
The escalation in sleep-related disturbances is anticipated to fuel the expansion of the sleeping aids market in the future. These disturbances, originating from a deficit of rest, compromise the individual's health, substantiating the extensive employment of sleep aids. These aids serve as remedies for mitigating cognitive damage induced by lack of sleep and enhancing short-term slumber. For example, data from the US government's National Center for Biotechnology Information in January 2022 suggested that sleeping issues affected 52.39% of COVID-19 victims, 45.96% of young people, 42.47% of healthcare workers, 41.50% of specific health-needy groups, 41.16% of college students, and approximately 36.73% of the general populace. This portrays a rising trend in sleep disorders, further propelling the demand for sleep aids in the market.

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How will the growth rate of the sleeping aids market shape industry trends by 2034?
The market size for sleeping aids has seen significant growth in the last few years. The projection is that it will rise from $89.05 billion in 2024 to $95.75 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.5%. The expansion during the historical period can be linked to factors like elevated stress levels and sleep disorders, an aging demographic, changes in lifestyle, increased consciousness and education, along with a consumer inclination towards natural solutions.

Anticipations show a significant growth forecast in the sleeping aids market in the upcoming years, with projections suggesting a rise to $135.66 billion by 2029 at a compound annual growth rate (CAGR) of 9.1%. Factors contributing to this predicted growth during the forecast period include the focus on wellness and self-care, increased understanding of mental health, home-based and personalized sleep solutions, as well as natural and non-invasive options. Dominant trends for the forecast period are predicted to be an emphasis on wellness and self-care, technological advancements, education about sleep hygiene, and regulatory focus on safety.

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What trends are poised to drive the future success of the sleeping aids market?
Innovations in product offerings are becoming an increasingly prevalent trend in the sleeping aids industry. Top competitors in this market are creating new offerings in hopes of maintaining their standing, examples of which include wearable sleep aids. For example, StimScience, a sleeping aids business in the US, unveiled a wearable sleep aid named Somnee in March 2022. This ground-breaking product, the first of its kind as an electronic sleep aid headband, uses personalized non-invasive brain stimulation to enhance the quality of sleep and diminish overnight restlessness by over one-third, as shown in a 1,500-night home trial study.

Which primary segments of the sleeping aids market are driving growth and industry transformations?
The sleeping aids market covered in this report is segmented -

1) By Product: Mattresses And Pillows, Sleep Laboratories, Medications, Prescription-Based Drugs, OTC Drugs, Herbal Drugs, Sleep Apnea Devices
2) By Indication: Insomnia, Sleep Deprivation, Narcolepsy, Sleep Apnea, Other Indications
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, E-Commerce, Drug Stores, Other Distribution Channels

Subsegments:
1) By Mattresses And Pillows: Memory Foam Mattresses, Latex Mattresses, Airbed Mattresses, Waterbed Mattresses, Cervical Pillows, Contoured Pillows
2) By Sleep Laboratories: Sleep Disorder Diagnostic Services, Polysomnography, Home Sleep Testing Services
3) By Medications: Prescription-Based Drugs, Over-The-counter (OTC) Drugs, Herbal And Natural Remedies
4) By Prescription-Based Drugs: Benzodiazepines, Non-Benzodiazepines, Antidepressants, Antihistamines
5) By OTC Drugs: Antihistamines (Diphenhydramine, Doxylamine), Melatonin Supplements, Herbal Sleep Aids
6) By Herbal Drugs: Valerian Root, Chamomile, Lavender, Passionflower, Lemon Balm
7) By Sleep Apnea Devices: Continuous Positive Airway Pressure (CPAP) Devices, Bi-level Positive Airway Pressure (BiPAP) Devices, Adaptive Servo-Ventilation (ASV) Devices, Oral Appliances, Masks

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Which geographical regions are pioneering growth in the sleeping aids market?
North America was the largest region in the sleeping aids market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sleeping aids market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Who are the influential players reshaping the sleeping aids market landscape?
Major companies operating in the sleeping aids market are 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

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What Is Covered In The Sleeping Aids Global Market Report?

• Market Size Forecast: Examine the sleeping aids market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the sleeping aids market for a structured understanding.
• Key Players Overview: Analyze major players in the sleeping aids market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the sleeping aids market.
• Segment Contributions: Evaluate how different segments drive overall growth in the sleeping aids market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the sleeping aids market.
• Industry Challenges: Identify potential risks and obstacles affecting the sleeping aids market.
• Competitive Landscape: Review strategic developments in the sleeping aids market, including expansions, agreements, and new product launches.

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