Insomnia Market Forecasts Till 2023: Top Players Competitive Analysis as Takeda Pharmaceutical Company (Japan), Meda Consumer Healthcare Inc (US) and Pernix Therapeutics (US)

Global Insomnia Market Business Scenario:

Insomnia is a common sleep disorder characterized by difficulties in sleep. Insomnia can exist as it’s alone or conjugated with other psychiatric problems. Insomnia is most common is women and the severity may increase in conditions like pregnancy, postpartum, and menopause. The exact cause of insomnia is still a mystery. Much research has shown that biological, behavioural and psychological factors are responsible for initiating of insomnia. Different types of treatment are available in the market- Pharmacological and non-pharmacological treatment. Global Insomnia market is driving due to increase in the number of insomnia patient across the globe, technological advances and many other.

Global Insomnia Market is expected to grow at a CAGR of 4.5% during forecasted period of 2017-2023.

The Global Insomnia Market is growing mainly due to the stressful work conditions. According to a recent study report published by the Market Research Future, The global insomnia market is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023). Insomnia is a common sleep disorder characterized by difficulties in sleep. Insomnia can exist as it’s alone or conjugated with other psychiatric problems. Insomnia is most common is women and the severity may increase in conditions like pregnancy, postpartum, and menopause. The exact cause of insomnia is still a mystery.

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Much research has shown that biological, behavioral and psychological factors are responsible for initiating of insomnia. Different types of treatment are available in the market- Pharmacological and non-pharmacological treatment. According to a study published in 2017, it is found that prevalence of insomnia in China was around 15.0% which is lower than the other countries such as 27.1% in USA, 37.2% in France and Italy, 50.5% in Poland, 17.3% in Singapore, and 15.3% in Japan.

Notably, rising stressful work condition is the key factor driving the insomnia market. In recent years various companies have introduced various innovative drugs for insomnia in the market. Other factors such as, rising incidence of insomnia, huge funding for research & development, technological advancements, rising demand for OTC drugs, and rising approval from regulatory bodies are also fuelling the market growth. According to the CDC study, it says that American do sleep for 7hrs and 36min in working days while 40min more on non-working days. The insomnia is majorly seen in American women, data says that 24 percent of women have woken up with no well rest, while the 16 percent of men have experienced same. This percentage is very less in contrast to people who suffers from insomnia.

Despite these drivers, stringent reimbursement policies, and presence of fake drugs are expected to decline the market growth.

Insomnia Market Segmentation:

Global Insomnia Market has been segmented on the basis of types of therapy which comprises Pharmacological therapy which is further sub segmented into benzodiazepines, non-benzodiazepines, melatonin receptor agonists and other. Non Pharmacological therapy which is sub segmented into Relaxation therapy, Cognitive Behavioral Therapy, Sleep Hygiene Education, Stimulus Control, Paradoxical Intention and Other. By drug formulation they are segmented as Capsules, Tablet and others. On the basis of condition of diseases they are poor quality of sleep, sleep maintenance and other.

Insomnia Market Regional Analysis:

On regional basis the global insomnia market is segmented into four regions- North America, Europe, Asia Pacific and Middle East and Africa.  Due to introduction of new technology and new treatments North America is has the highest market for insomnia followed by Europe. Increasing stress is the major problem for increasing the insomnia market in North America and Europe. Asia Pacific and Middle East and Africa has the lowest market for insomnia.

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Major TOC for Global Insomnia Market Research Report Forecast to 2023:

1    INTRODUCTION   

      1.1    DEFINITION   

      1.2    SCOPE OF STUDY   

            1.2.1    RESEARCH OBJECTIVE   

            1.2.2    ASSUMPTIONS & LIMITATIONS   

                1.2.2.1    ASSUMPTIONS   

                1.2.2.2    LIMITATIONS   

      1.3    MARKET STRUCTURE   

2    RESEARCH METHODOLOGY   

      2.1    RESEARCH PROCESS   

      2.2    PRIMARY RESEARCH   

      2.3    SECONDARY RESEARCH   

3    MARKET DYNAMICS   

      3.1    DRIVERS   

      3.2    RESTRAINTS       

      3.3    OPPORTUNITIES   

      3.4    MACROECONOMIC INDICATORS   

4    MARKET FACTOR ANALYSIS   

      4.1    PORTERS FIVE FORCES MODEL   

      4.2    BARGAINING POWER OF SUPPLIERS   

      4.3    BARGAINING POWER OF BUYERS   

      4.4    THREAT OF NEW ENTRANTS   

      4.5    THREAT OF SUBSTITUTES   

      4.6    INTENSITY OF RIVALRY

TOC Continued….! 

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