Product Code: r5697
“Sleeping Aids Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on sleeping aids market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
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- Outperform competitors using forecast data and the drivers and trends shaping the market.
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- Benchmark performance against key competitors.
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Where is the largest and fastest growing market for sleeping aids? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The sleeping aids market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 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
- Companies Mentioned: Cadwell Industries Inc; Compumedics Limited; Devilbiss Healthcare Pvt Ltd; F.Hoffmann-La Roche Ltd; GlaxoSmithKline Plc
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the market are AstraZeneca Plc, Cadwell Industries Inc., Compumedics Limited, CSL Limited, Devilbiss Healthcare Pvt Ltd., Emergent Biosolutions Inc., F.Hoffmann-La Roche Ltd., Gamma Vaccines Pty Ltd., GlaxoSmithKline Plc, Koninklijke Philips N.V., Merck & Co. Inc., Natus Medical Incorporated, Novartis AG, Pfizer Inc., Sanofi, Sinovac Biotech Ltd., Sleepmed Inc., Acelity L.P. Inc., Eisai Co., Ltd., ResMed Inc., Fisher & Paykel Healthcare Lcorporation Limited, Braebon Medical Corporation, Lowenstein Medical GmbH & Co. KG, and Takeda Pharmaceutical Company Limited .
The global sleeping aids market is expected to grow from $77.66 billion in 2022 to $83.45 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sleeping aids market is expected to grow to $110.22 billion in 2027 at a CAGR of 7.2%.
The sleeping aids market consists of sales of insomnia treatment drugs, quazepam, narcolepsy treatment drugs, modafinil, and sodium oxybate. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
Sleeping aids refer to a class of psychoactive medications that are used to treat insomnia and sporadic sleeplessness. Sleeping aids can help decrease daytime tiredness and impaired thinking caused by sleep loss.
North America was the largest region in the sleeping aids market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sleeping aids report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The main types of sleeping aids are mattresses and pillows, sleep laboratories, medications, prescription-based drugs, OTC drugs, herbal drugs, and sleep apnea devices. Medications refer to a formulation containing one or more active and/or inactive ingredients. The various indications include insomnia, sleep deprivation, narcolepsy, sleep apnea, and others. These are distributed through hospital pharmacies, retail pharmacies, e-commerce, sleep aids, drug stores, and others.
The increasing incidence of sleep disorders is expected to propel the growth of the sleeping aids market going forward. Sleep disorders refer to disorders that occur because of a lack of sleep. Sleep disorders affect the overall health of the person and hence sleeping aids are widely used as a medication in reducing cognitive impairment brought on by sleep deprivation in addition to enhancing sleep in the short term. For instance, in January 2022, according to National Center for Biotechnology Information, a US-based government department, sleep problems were projected to be present in 52.39% of COVID-19 patients, 45.96% of children and adolescents, 42.47% of healthcare workers, 41.50% of special populations with healthcare needs, 41.16% of university students, and 36.73% of the general population, this states that there is an increasing incidence of sleep disorders. Therefore, the increasing incidence of sleep disorders drives the sleeping aids market.
Product innovations are a key trend gaining popularity in the sleeping aids market. Major market players are developing new products to sustain their position in the sleeping aids market such as wearable sleep aid. For instance, in March 2022, StimScience, a US-based company operating in sleeping aids launched the wearable sleep aid Somnee. This product is the first electronic sleep aid headband with personalized non-invasive brain stimulation that improves sleep quality and reduces overnight tossing and turning by more than one-third in a 1,500-night home pilot study.
In August 2022, ResMed Inc., a US-based company for the treatment of sleep apnea, chronic obstructive pulmonary disease, and other respiratory conditions, acquired Mementor for an undisclosed amount. With this acquisition, the goal of the digital health application is to help people sleep better by offering an alternative to traditional pharmacological therapy. Mementor is a Germany-based consumer software developer that offers sleep medicine.
The countries covered in the sleeping aids market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified) .
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The sleeping aids market research report is one of a series of new reports from The Business Research Company that provides sleeping aids market statistics, including sleeping aids industry global market size, regional shares, competitors with a sleeping aids market share, detailed sleeping aids market segments, market trends and opportunities, and any further data you may need to thrive in the sleeping aids industry. This sleeping aids market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Sleeping Aids Market Characteristics
3. Sleeping Aids Market Trends And Strategies
4. Sleeping Aids Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Sleeping Aids Market
- 4.2. Ukraine-Russia War Impact On Sleeping Aids Market
- 4.3. Impact Of High Inflation On Sleeping Aids Market
5. Sleeping Aids Market Size And Growth
- 5.1. Global Sleeping Aids Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Sleeping Aids Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Sleeping Aids Market Segmentation
- 6.1. Global Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Mattresses And Pillows
- Sleep Laboratories
- Medications
- Prescription-based Drugs
- OTC Drugs
- Herbal Drugs
- Sleep Apnea Devices
- 6.2. Global Sleeping Aids Market, Segmentation By Indication, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Insomnia
- Sleep Deprivation
- Narcolepsy
- Sleep Apnea
- Other Indications
- 6.3. Global Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Hospital Pharmacies
- Retail Pharmacies
- E-Commerce
- Drug Stores
- Other Distribution Channels
7. Sleeping Aids Market Regional And Country Analysis
- 7.1. Global Sleeping Aids Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Sleeping Aids Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Sleeping Aids Market
- 8.1. Asia-Pacific Sleeping Aids Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Sleeping Aids Market
- 9.1. China Sleeping Aids Market Overview
- 9.2. China Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Sleeping Aids Market
- 10.1. India Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Sleeping Aids Market
- 11.1. Japan Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Sleeping Aids Market
- 12.1. Australia Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Sleeping Aids Market
- 13.1. Indonesia Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Sleeping Aids Market
- 14.1. South Korea Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Sleeping Aids Market
- 15.1. Western Europe Sleeping Aids Market Overview
- 15.2. Western Europe Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Sleeping Aids Market
- 16.1. UK Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Sleeping Aids Market
- 17.1. Germany Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Sleeping Aids Market
- 18.1. France Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Sleeping Aids Market
- 19.1. Eastern Europe Sleeping Aids Market Overview
- 19.2. Eastern Europe Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Sleeping Aids Market
- 20.1. Russia Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Sleeping Aids Market
- 21.1. North America Sleeping Aids Market Overview
- 21.2. North America Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Sleeping Aids Market
- 22.1. USA Sleeping Aids Market Overview
- 22.2. USA Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Sleeping Aids Market
- 23.1. South America Sleeping Aids Market Overview
- 23.2. South America Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Sleeping Aids Market
- 24.1. Brazil Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Sleeping Aids Market
- 25.1. Middle East Sleeping Aids Market Overview
- 25.2. Middle East Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Sleeping Aids Market
- 26.1. Africa Sleeping Aids Market Overview
- 26.2. Africa Sleeping Aids Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Sleeping Aids Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Sleeping Aids Market Competitive Landscape And Company Profiles
- 27.1. Sleeping Aids Market Competitive Landscape
- 27.2. Sleeping Aids Market Company Profiles
- 27.2.1. Cadwell Industries Inc
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Compumedics Limited
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Devilbiss Healthcare Pvt Ltd
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. F.Hoffmann-La Roche Ltd
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. GlaxoSmithKline Plc
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Sleeping Aids Market
29. Sleeping Aids Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer