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Sleep Aid Market 2021-2027

  • ID: 5406807
  • Report
  • June 2021
  • Region: Global
  • Orion Market Research Private Limited

FEATURED COMPANIES

  • Apex Medical Corp.
  • Cadwell Industries Inc.
  • DeVilbiss Healthcare LLC
  • GlaxoSmithKline plc
  • Koninklijke Philips N.V.
  • Merck & Co., Inc.

Global Sleep Aid Market Size, Share & Trends Analysis Report by Sleep Disorder (Insomnia, Sleep Apnea, Narcolepsy, Sleep Walking, and Restless Legs Syndrome), By Products (Sleep Laboratories, Specialty Mattresses and Pillows, Medications, and Sleep Apnea Devices) Forecast Period 2021-2027.

The global sleep aid market is predicted to grow at a CAGR of 7.0% during the forecast period. The market is set to display impressive growth during the augur period with some key trends emerging, such as increasing incidences of lifestyle diseases, excessive usage of digital devices, increasing government support for startup companies, a growing network of healthcare facilities, and an increasing geriatric population with a sleep disorder. For instance, As per the American Sleep Apnea Association, over 50 million Americans are diagnosed with 80 different sleep disorders each year, and 20 - 30 million people in the U.S. suffer from various intermittent sleep problems every year.

However, patient safety concerns and risks of side effects of sleep disorder medication such as dizziness, diarrhea, constipation, daytime drowsiness are some of the inhibiting factors in this market. The rising disposable income, and rise in awareness about sleep disorders, and easy availability of sleep aid devices,  would generate new chances for the sleep aid market during the forecasted period. For instance, according to the OECD, in 2018, the annual growth rate in the disposable income in Canada was 3.6%, US 2.3%, and France 1.6%, among others.

The global sleep aid market has seen a strong decline during the COVID-19 pandemic as the mental problem has been noticed during the lockdown period across the globe. Sleep disorders are one of the major mental health problems. As healthcare professionals suggested that the solid sleep is much essential for the individual's physical and mental well-being, although it is often neglected, and which leads to high incidences of sleep disorders across the globe. 

Medication, sleep apneas devices, sleep laboratories, and mattresses and pillows, among others, are types of sleep aids. As lockdown implemented, that trade-in of several products including sleep aids has been limited, as has individual monthly wages, and the shutdown of manufacturing plants has been during to protect the countries from the virus. Due to the re-launches of the sleep devices by the major players the market will recover rapidly during the forecast period. 

The global sleep aid market can be segmented based on sleep disorders, and products. Based on the sleep disorder, the market is classified into insomnia, sleep apnea, narcolepsy, sleepwalking, and restless legs syndrome. Based on the products, the market is classified into sleep laboratories services, speciality mattresses and pillows, medications, and sleep apnea devices. Besides, the medications segment is classified into prescription drugs, OTC drugs, and herbal drugs. Apart from it, sleep apnea devices are segmented into diagnostics devices and therapeutic devices.

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific is the fastest-growing market for the global sleep aid market due to the increased healthcare expenditure along with patient awareness in countries like China and India. Besides, North America is growing due to rising healthcare investments, an aging population, and a large pool of population with sleep disorders in this region. For instance, according to the Sleep Foundation, in 2020, insomnia is the most prevalent sleep disorder, with nearly 30% of the adults, and nearly 48% of older people living in the US reporting short-term issues and around 10% reporting chronic insomnia.

Research Methodology

The market study of the global sleep aid market is incorporated by extensive primary and secondary research.  Secondary research has been conducted to refine the available data to break down the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

  • Financial reports of companies involved in the market.
  • Whitepapers, research papers, and news blogs.
  • Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

  1. Global Sleep Aid Market Research and Analysis by Sleep Disorder
  2. Global Sleep Aid Market Research and Analysis by Products

The Report Covers

  • Comprehensive Research Methodology of the global sleep aid market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global sleep aid market.
  • Insights about market determinants that are stimulating the global sleep aid market.
  • Detailed and extensive market segments with the regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Apex Medical Corp.
  • Cadwell Industries Inc.
  • DeVilbiss Healthcare LLC
  • GlaxoSmithKline plc
  • Koninklijke Philips N.V.
  • Merck & Co., Inc.
1. Report Summary
  • Current Industry Analysis and Growth Potential Outlook
  • Impact of COVID-19 on the Global Sleep AidIndustry
  • Recovery Scenario of Global Sleep AidIndustry
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region

2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion

3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. Overview
3.1.2. Financial Analysis
3.1.3. SWOT Analysis
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players

4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities

5. Market Segmentation
5.1. Global Sleep Aid Market by Sleep Disorder
5.1.1. Insomnia
5.1.2. Sleep Apnea
5.1.3. Narcolepsy
5.1.4. Sleep Walking
5.1.5. Restless Legs Syndrome
5.2. Global Sleep Aid Market by Products
5.2.1. Sleep Laboratories Services
5.2.2. Specialty Mattresses and Pillows
5.2.3. Medications
5.2.3.1. Prescription Drugs
5.2.3.2. OTC Drugs
5.2.3.3. Herbal Drugs
5.2.4. Sleep Apnea Devices
5.2.4.1. Diagnostics Devices
5.2.4.2. Therapeutic Devices

6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. South Korea
6.3.5. Rest of Asia-Pacific
6.4. Rest of the World

7. Company Profiles
7.1. Apex Medical Corp.
7.2. Braebon Medical Corp
7.3. Cadwell Industries Inc.
7.4. Compumedics Ltd.
7.5. DeVilbiss Healthcare LLC
7.6. Fisher & Paykel Healthcare Ltd.
7.7. General Electric Co.
7.8. GlaxoSmithKline plc
7.9. Invacare Corp.
7.10. Koninklijke Philips N.V.
7.11. Medtronic PLC
7.12. Merck & Co., Inc.
7.13. Natus Medical Inc.
7.14. Pfizer Inc.
7.15. ResMed Corp.
7.16. Sanofi S.A.
7.17. SleepMed, Inc.
7.18. SomnoMed Inc.
7.19. Takeda Pharmaceutical Co. Ltd.
7.20. Teva Pharmaceutical Industries Ltd.

List of Tables
1. Global Sleep Aid Market Research and Analysis, 2020-2027 ($ Million)
2. Global Sleep Aid Market Research and Analysis by Sleep Disorder, 2020-2027 ($ Million)
3. Globalinsomniainsleep Aidmarket Research and Analysis by Region, 2020-2027 ($ Million)
4. Globalsleep Apneainsleep Aidmarket Research and Analysis by Region, 2020-2027 ($ Million)
5. Globalnarcolepsyinsleep Aidmarket Research and Analysis by Region, 2020-2027 ($ Million)
6. Global Sleep Walking in Sleep Aidmarket Research and Analysis by Region, 2020-2027 ($ Million)
7. Global Restless Legs Syndrome in Sleep Aidmarket Research and Analysis by Region, 2020-2027 ($ Million)
8. Global Sleep Aid Market Research and Analysis by Products, 2020-2027 ($ Million)
9. Global Sleep Laboratoriesforsleep Aidmarket Research and Analysis by Region, 2020-2027 ($ Million)
10. Global Specialty Mattresses and Pillowsforsleep Aid Market Research and Analysis by Region, 2020-2027 ($ Million)
11. Global Medicationsforsleep Aidmarket Research and Analysis by Region, 2020-2027 ($ Million)
12. Global Medications for Sleep Aid Market Research and Analysis by Type, 2020-2027 ($ Million)
13. Global Sleep Apnea Devices for Sleep Aid Market Research and Analysis by Region, 2020-2027 ($ Million)
14. Global Sleep Apnea Devices for Sleep Aid Market Research and Analysis by Type, 2020-2027 ($ Million)
15. North American Sleep Aid Market Research and Analysis by Country, 2020-2027 ($ Million)
16. North American Sleep Aid Market Research and Analysis by Sleep Disorder, 2020-2027 ($ Million)
17. North American Sleep Aid Market Research and Analysis by Products, 2020-2027 ($ Million)
18. European Sleep Aid Market Research and Analysis by Country, 2020-2027 ($ Million)
19. European Sleep Aid Market Research and Analysis by Sleep Disorder, 2020-2027 ($ Million)
20. European Sleep Aid Market Research and Analysis by Products, 2020-2027 ($ Million)
21. Asia-Pacific Sleep Aid Market Research and Analysis by Country, 2020-2027 ($ Million)
22. Asia-Pacific Sleep Aid Market Research and Analysis by Sleep Disorder, 2020-2027 ($ Million)
23. Asia-Pacific Sleep Aid Market Research and Analysis by Products, 2020-2027 ($ Million)
24. Rest of the World Sleep Aid Market Research and Analysis by Country, 2020-2027 ($ Million)
25. Rest of the World Sleep Aid Market Research and Analysis by Sleep Disorder, 2020-2027 ($ Million)
26. Rest of the World Sleep Aid Market Research and Analysis by Products, 2020-2027 ($ Million)

List of Figures
1. Impact of COVID-19 on Global Sleep Aid Market, 2020-2027 ($ Million)
2. Impact of COVID-19 on Global Sleep Aid Market by Segment, 2020-2027 ($ Million)
3. Recovery of Global Sleep Aid Market, 2021-2027 (%)
4. Global Sleep Aid Market Share by Sleep Disorder, 2020 Vs 2027 (%)
5. Global Sleep Aid Market Share by Products, 2020 Vs 2027 (%)
6. Global Sleep Aid Market Share by Geography, 2020 Vs 2027 (%)
7. Global Insomniainsleep Aidmarket Share by Region, 2020 Vs 2027(%)
8. Global Sleep Apneainsleep Aidmarket Share by Region, 2020 Vs 2027 (%)
9. Global Narcolepsyinsleep Aidmarket Share by Region, 2020 Vs 2027 (%)
10. Global Sleep Walking in Sleep Aid Market Share by Region, 2020 Vs 2027 (%)
11. Global Restless Legs Syndrome in Sleep Aid Market Share by Region, 2020 Vs 2027 (%)
12. Global Sleep Laboratoriesforsleep Aidmarket Share by Region, 2020 Vs 2027 (%)
13. Global Specialty Mattresses and Pillowsforsleep Aidmarket Share by Region, 2020 Vs 2027 (%)
14. Global Medicationsforsleep Aidmarket Share by Region, 2020 Vs 2027 (%)
15. Global Medications for Sleep Aid Market Share by Type, 2020 Vs 2027 (%)
16. Global Sleep Apnea Devices for Sleep Aidmarket Share by Region, 2020 Vs 2027 (%)
17. Global Sleep Apnea Devices for Sleep Aid Market Share by Type, 2020 Vs 2027 (%)
18. Us Sleep Aid Market Size, 2020-2027 ($ Million)
19. Canada Sleep Aid Market Size, 2020-2027 ($ Million)
20. UK Sleep Aid Market Size, 2020-2027 ($ Million)
21. France Sleep Aid Market Size, 2020-2027 ($ Million)
22. Germany Sleep Aid Market Size, 2020-2027 ($ Million)
23. Italy Sleep Aid Market Size, 2020-2027 ($ Million)
24. Spain Sleep Aid Market Size, 2020-2027 ($ Million)
25. Rest of Europe Sleep Aid Market Size, 2020-2027 ($ Million)
26. India Sleep Aid Market Size, 2020-2027 ($ Million)
27. China Sleep Aid Market Size, 2020-2027 ($ Million)
28. Japan Sleep Aid Market Size, 2020-2027 ($ Million)
29. South Korea Sleep Aid Market Size, 2020-2027 ($ Million)
30. Rest of the Asia-Pacific Sleep Aid Market Size, 2020-2027 ($ Million)
31. Rest of the World Sleep Aid Market Size, 2020-2027 ($ Million)
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Apex Medical Corp.
  • Braebon Medical Corp
  • Cadwell Industries Inc.
  • Compumedics Ltd.
  • DeVilbiss Healthcare LLC
  • Fisher & Paykel Healthcare Ltd.
  • General Electric Co.
  • GlaxoSmithKline plc
  • Invacare Corp.
  • Koninklijke Philips N.V.
  • Medtronic PLC
  • Merck & Co., Inc.
  • Natus Medical Inc.
  • Pfizer Inc.
  • ResMed Corp.
  • Sanofi S.A.
  • SleepMed, Inc.
  • SomnoMed Inc.
  • Takeda Pharmaceutical Co. Ltd.
  • Teva Pharmaceutical Industries Ltd.
Note: Product cover images may vary from those shown
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