Sleep Aids Market Expected to Reach $79,851 Million by 2023
Sleep aids market accounted for $49,543 million in 2016, and is estimated to reach at $79,851 million by 2023. Sleep aids in the form of drugs and medical devices are used for the diagnosis and treatment of sleep disorders, such as sleep apnea and sleep walking. These are expected to improve the quality of sleep for patients with sleep disorders. Sleep disorders could adversely affect the human health and cause chronic diseases, such as diabetes and cardiovascular diseases.
Sleep aids market accounted for $49,543 million in 2016, and is estimated to reach at $79,851 million by 2023. Sleep aids in the form of drugs and medical devices are used for the diagnosis and treatment of sleep disorders, such as sleep apnea and sleep walking. These are expected to improve the quality of sleep for patients with sleep disorders. Sleep disorders could adversely affect the human health and cause chronic diseases, such as diabetes and cardiovascular diseases.
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Sleep</strong> <strong>Aids</strong><br />
<strong>Market</strong><br />
Opportunities and<br />
Forecasts, 2014- 2022
SLEEP AIDS MARKET<br />
“The presence of large number of sleep disorder cases and rise in awareness about the<br />
adverse effects of sleep disorders on human health are anticipated <strong>to</strong> attract the<br />
patients with high purchasing power and boost the market growth.”<br />
Sriram Radhakrishnan, Team Lead
SLEEP AIDS MARKET OVERVIEW<br />
• The global sleep aids market accounted for $49,543 million in 2016, and is estimated <strong>to</strong><br />
reach at <strong>$79</strong>,<strong>851</strong> million <strong>by</strong> <strong>2023</strong>, registering a CAGR of 7.0% from 2017 <strong>to</strong> <strong>2023</strong>.<br />
• <strong>Sleep</strong> aids in the form of drugs and medical devices are used for the diagnosis and<br />
treatment of sleep disorders, such as sleep apnea and sleep walking. These are expected <strong>to</strong><br />
improve the quality of sleep for patients with sleep disorders.<br />
• Change in lifestyle, stressful working condition, other issues that interfere with the sleep<br />
habits, rise in the disposable income among the cus<strong>to</strong>mers, and growth in awareness<br />
about the adverse effects of sleep disorder on human health are expected <strong>to</strong> boost the<br />
growth of sleep aids market.<br />
• The mattress & pillows segment was the highest revenue contribu<strong>to</strong>r in 2016, and is<br />
anticipated <strong>to</strong> continue this trend during the forecast period.<br />
• North America dominated global sleep aids market, and is projected <strong>to</strong> grow at a CAGR of<br />
6.6% and China is expected <strong>to</strong> grow at the highest CAGR of 10.8%in the Asia-Pacific.,<br />
Read more: https://www.alliedmarketresearch.com/sleep-aids-market
SLEEP AIDS MARKET<br />
SEGMENTATION
SLEEP AIDS MARKET KEY<br />
BENEFITS<br />
• This report entails a detailed quantitative analysis of the current market trends from 2016<br />
<strong>to</strong> <strong>2023</strong> <strong>to</strong> identify the prevailing opportunities.<br />
• <strong>Market</strong> estimations are based on the comprehensive analysis of the key developments in<br />
the industry.<br />
• The global market is comprehensively analyzed with respect <strong>to</strong> product, sleep disorder, and<br />
geography.<br />
• In-depth analysis based on geography assists <strong>to</strong> understand the regional market and<br />
strategic business planning.<br />
• The developmental strategies adopted <strong>by</strong> key manufacturers are enlisted <strong>to</strong> understand the<br />
competitive scenario of the market.
GLOBAL SLEEP AIDS MARKET BY<br />
GEOGRAPHY
SLEEP AIDS MARKET KEY<br />
FINDINGS<br />
• The sleep labora<strong>to</strong>ries segment is projected <strong>to</strong> grow at the highest rate during the analysis<br />
period.<br />
• The insomnia segment generated the highest revenue, and is expected <strong>to</strong> continue its<br />
dominance in future.<br />
• North America dominated global sleep aids market, and is projected <strong>to</strong> grow at a CAGR of<br />
6.6%.<br />
• China is expected <strong>to</strong> grow at the highest CAGR of 10.8%in the Asia-Pacific.,<br />
• The narcolepsy segment is anticipated <strong>to</strong> grow at the highest at a CAGR of 9.1%.
SLEEP AIDS MARKET DRIVERS,<br />
RESTRAINS, AND OPPORTUNITIES
SLEEP AIDS MARKET BY<br />
GEOGRAPHY<br />
North America, Europe, Asia-Pacific, LAMEA,
CONTACT US<br />
Thank You!<br />
For More Details<br />
Visit us at<br />
https://www.alliedmarketresearch.com/sleep-aidsmarket/<br />
Follow Us On
Change language