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Insomnia Market Report 2025-2034: Industry Overview, Trends, And Forecast Analysis
Insomnia
What Is the Current Insomnia Market Size and Its Estimated Growth Rate?
Over the past few years, there has been steady growth in the insomnia market size. It is projected to expand from $5 billion in 2024 to $5.24 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.7%. The reason for this upturn during the historical period can be traced back to rising stress levels, increased occurrence of mental health disorders, changes in work schedules and unpredictable working hours, advancement in awareness and diagnosis, along with a heightened intake of stimulants.
In the coming years, the market size for insomnia is projected to undergo significant expansion. The estimated growth predicts a rise to $6.62 billion in 2029, with a compound annual growth rate (CAGR) of 6.0%. Factors contributing to this projected growth in the forecast period include the impact of global health crises, an increased awareness of sleep hygiene, a focus on mental health and wellness, governmental efforts to improve sleep health, and the influence of social determinants. Foreseen trends within this period encompass digital health applications catering to sleep monitoring, cognitive behavioral treatment for insomnia, telehealth services for sleep consultations, incorporation of sleep health into primary care, and research into innovative therapeutic targets.
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How Are Emerging Segments Shaping the Insomnia Market Landscape?
The insomnia market covered in this report is segmented -
1) By Therapy Type: Non-Pharmacological Therapy, Pharmacological Therapy
2) By Drug Class: Anti-Depressants, Melatonin Antagonist, Benzodiazepines, Nonbenzodiazepines, Orexin Antagonist, Other Drug Classes
3) By Route Of Administration: Oral, Parenteral, Other Route Of Administration
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies
Subsegments:
1) By Non-Pharmacological Therapy: Cognitive Behavioral Therapy For Insomnia (CBT-I), Sleep Hygiene Education, Relaxation Techniques, Stimulus Control Therapy, Sleep Restriction Therapy
2) By Pharmacological Therapy: Prescription Medications, Over-The-Counter, Herbal Supplements
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Which Growth Factors Are Influencing Insomnia Market Expansion?
The rise in stress related to work is predicted to drive the expansion of the insomnia market in the future. Work-related stress is defined by detrimental emotional and physical reactions that occur when job demands and pressures are not aligned with the worker's resources, abilities, or knowledge. This type of stress can precipitate poor health, including insomnia. Treatment for insomnia varies depending on its severity, ranging from medication to cognitive-behavioral therapies and more. Hence, the increased work-related stress is promoting more sales in the insomnia market. For example, in October 2022, the American Psychological Association, a US-based psychology organization, reported that stress in the workplace continues to be a major issue, with 77% of employees having experienced job stress in the previous month. Furthermore, 57% said they experienced negative effects like emotional exhaustion (31%), which is often linked to job burnout. Therefore, the increase in work-related stress is fueling the expansion of the insomnia market.
Who Are the Dominant Players Across Different Insomnia Market Segments?
Major companies operating in the insomnia market include Pfizer Inc., Merck & Co Inc., Sanofi S.A., GlaxoSmithKline plc., Takeda Pharmaceutical Company Limited, Koninklijke Philips N.V., Viatris Inc., Astellas Pharma Inc., Sun Pharmaceutical Industries Limited, Eisai Co.Ltd., UCLA Health Insomnia Clinic, Jazz Pharmaceuticals PLC, Aurobindo Pharma Limited, Purdue Pharma LP, Cipla Inc., Dr. Reddy's Laboratories Ltd., Zydus Lifesciences Limited, Lupin Limited, Mallinckrodt Pharmaceuticals Plc., Fisher & Paykel Healthcare Corporation Limited, ResMed Inc., Sunovion Pharmaceuticals Inc., Casper Sleep Inc., Biocodex Inc., Vanda Pharmaceuticals Inc., Pernix Therapeutics Holdings Inc., SleepScore Labs, Alpha-Stim, Neurim Pharmaceuticals Ltd., NightWare Inc.
What Are the Latest Developing Trends in the Insomnia Market?
The main trend emerging in the insomnia market revolves around product innovation. Leading firms in the therapeutics sector for insomnia are coming up with novel treatments to maintain market dominance. For example, in April 2023, WELT, a medical device corporation from Korea, was granted approval by the Ministry of Food and Drug Safety (MFDS) for their digital insomnia treatment device named WELT-I. Considered as ground-breaking medical equipment, WELT-I targets behavioral, psychological, and cognitive aspects that intensify or perpetuate insomnia. The device employs Cognitive Behavioral Therapy (CBT) as its primary treatment method in line with the clinical guidelines for insomnia. Classified as software as a medical device (SaMD), it improves insomnia by customizing sleep time, examining sleep disruption patterns, intervening in patient behavior to enhance sleep quality, and providing relaxation therapy for eight weeks to alleviate tension and anxiety.
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Which Geographic Regions Are Expected to Dominate the Insomnia Market in the Coming Years?
North America was the largest region in the insomnia market in 2024. The regions covered in the insomnia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Insomnia Market?
2. What is the CAGR expected in the Insomnia Market?
3. What Are the Key Innovations Transforming the Insomnia Industry?
4. Which Region Is Leading the Insomnia Market?
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