Press release
Insomnia Market Expected To Reach USD 6.97 Bn by 2030, with a CAGR of 4.2 % from 2024 to 2030
The Insomnia Market size was valued at USD 5.23 Billion in 2023 and the total revenue is expected to grow at 4.2 % through 2024 to 2030, reaching nearly USD 6.97 Billion.Insomnia Market Overview:
The Insomnia Market is witnessing significant growth, driven by rising cases of sleep disorders, stress-related insomnia, and lifestyle-induced sleep deprivation. Increasing screen time, hectic work schedules, and mental health issues have fueled the demand for pharmaceutical drugs, cognitive behavioral therapy (CBT), and natural sleep aids. The market is seeing strong advancements in prescription medications, wearable sleep trackers, and AI-driven sleep therapy applications, making sleep management more accessible and effective.
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Insomnia Market Dynamics
The Insomnia Market is propelled by a growing aging population, an increase in chronic illnesses, and rising awareness about sleep hygiene. While prescription drugs such as Zolpidem, Eszopiclone, and Ramelteon dominate the market, there is a rising shift toward non-pharmacological treatments, including meditation apps, herbal supplements, and smart sleep technologies. However, concerns over drug dependency, side effects, and stringent regulatory policies pose challenges to market growth. Industry players are investing in clinical trials, digital therapeutics, and personalized sleep solutions to cater to evolving consumer needs.
Insomnia Market Outlook and Future Trends :
The future of the Insomnia Market is being shaped by AI-powered sleep analysis, drug-free sleep enhancement methods, and personalized behavioral therapies. The growing interest in wearable sleep monitors, and neurofeedback therapy is expected to drive further innovation. Companies are also leveraging machine learning algorithms to provide customized sleep recommendations and cognitive interventions for patients suffering from chronic insomnia.
Key Recent Developments
Vietnam & Thailand: The demand for natural sleep aids, including herbal teas and plant-based supplements, is rising in Vietnam and Thailand, driven by traditional medicine practices.
Japan & South Korea: Japan and South Korea are leading in tech-driven sleep solutions, with an increasing adoption of wearable sleep trackers and AI-powered sleep coaching applications.
Singapore: Singaporean pharmaceutical companies are investing in next-generation sleep medications with minimal side effects to cater to growing demand.
United States: The US Insomnia Market is witnessing rapid growth in digital therapeutics and online cognitive behavioral therapy (CBT) platforms, as telehealth solutions become mainstream.
Europe: European countries are focusing on holistic and integrative sleep therapies, with a shift toward melatonin-based products and sleep hygiene awareness campaigns.
Insomnia Market Segmentation
by Treatment Type
Non-Pharmacological Treatment
Pharmacological Treatment
Prescription Sleep Aids
Over-the-Counter Sleep Aids
by Therapy
Cognitive Behavioral Therapy for Isomnia
Hypnotherapy
Other Alternative Therapies
by Drug Class
Antidepressants
Melatonin Antagonist
Benzodiazepines
Nonbenzodiazepines
Orexin Antagonist
Others
by Distribution Channel
Hospital Pharmacies
Retail Pharmacies
Drug Stores
Online Pharmacies
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Some of the current players in the Insomnia Market are:
1. Astellas
2. Biocodex S A
3. Consumer Healthcare Inc.
4. Dainippon Sumitomo
5. ECR Pharmaceuticals
6. Eisai Co.
7. Flynn Pharma
8. Johnson and Johnson
9. Meda Consumer Healthcare Inc.
10. Merck and Co. Inc.
For additional reports on related topics, visit our website:
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♦ Healthcare Information System Market https://www.maximizemarketresearch.com/market-report/healthcare-information-system-market/124949/
♦ Global Anti-Obesity Prescription Drugs Market https://www.maximizemarketresearch.com/market-report/global-anti-obesity-drugs-market/100768/
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