Press release
Sleep Aids Market Growth Supported by Insomnia Cases and Smart Sleep Devices | Teva Pharmaceutical Industries Ltd., Merck & Co., Sanofi, DeVilbiss Healthcare LLC., Pfizer Inc.
Sleep Aids Market
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Sleep Aids Market Growth
The Sleep Aids Market is expected to grow at a CAGR of 4.8% during the forecast period 2024-2031
Comprehensive Insight into Sleep Aids Market Landscape and Growth Trends:
Sleep aids include drugs, devices, and supplements designed to treat sleep disorders such as insomnia, narcolepsy, and sleep apnea. This market spans both prescription and over-the-counter products.
With increasing stress, changing lifestyles, and rising awareness of sleep health, the sleep aids market is expanding rapidly. The surge in diagnosed sleep disorders, especially in aging populations, is driving demand for both pharmacological and non-pharmacological solutions.
Major Players Shaping the Competitive Landscape:
Teva Pharmaceutical Industries Ltd., Merck & Co., Sanofi, DeVilbiss Healthcare LLC., Pfizer Inc., SleepMed Inc., Cadwell Laboratories Inc., Compumedics Limited, Natus Medical Incorporated, GlaxoSmithKline Plc.
Important Mergers, Acquisitions, and Market Shifts:
▶June 10, 2025 - Khosla Ventures led a $10 million seed-extension round in Somnee, a Berkeley-founded startup developing an AI-powered EEG headband that enhances sleep onset and depth.
▶April 24, 2025 - The Sleep Company secured a fresh investment of over ₹500 crore (~$60 million) led by Kedaara Capital. These funds will support its expansion into smart pillows, chair cushions, and recliners powered by its patented SmartGRID tech .
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Methodology and Scope:
This Sleep Aids Market report is developed using a robust research methodology that combines primary interviews, insights from industry experts, and verified secondary sources such as company filings, trade journals, and trusted databases. It follows a bottom-up and top-down approach to ensure data accuracy through triangulation. The scope of the report covers current market trends, growth potential, and strategic developments across global and regional markets.
Regional Overview for Sleep Aids Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
The Report Includes:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Go-to-market Strategy.
➡ Neutral perspective on the market performance.
➡ Customized regional/country reports as per request and country level analysis.
➡ Potential & niche segments and regions exhibiting promising growth covered.
People Also Ask:
➠ What are the global sales, production, consumption, imports, and exports in the Sleep Aids market?
➠ Who are the top manufacturers, and what are their capacity, production, sales, pricing, and revenue stats?
➠ What key opportunities and challenges do vendors face in the Sleep Aids industry?
➠ Which product types, applications, or end-users are driving market growth, and what is their market share?
➠ What are the major growth drivers and restraints of the Sleep Aids market?
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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