Sleep Aids Market: By Product Type (Medication, Sleep Apnea Devices, Mattresses and Pillows, Others), By Application (Insomnia, Narcolepsy, Restless Legs Syndrome, Sleep Apnea, Sleep Walking, Others), By Distribution Channel (Hospital Pharmacies, Online Pharmacies, Others), and Geography

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Sleep Aids Market size was valued at USD 62,815.10 million in 2023 and is poised to grow at a CAGR of 6.8% from 2024 to 2030. The sleep aids market includes medical devices and drugs that enable induce sleep in patients with various sleep-related disorders. Sleeping aids help in the diagnosis and treatment of sleep disorders. Sleeping disorders affect the ability of individuals to sleep. Most people undergo sleeping issues owing to stress and hectic schedules. Proper sleep is one with no interruptions, which allows the body to experience a natural sleep cycle.

Sleep could be affected by various factors such as time taken to fall asleep, alcohol consumption before sleep, and duration of sleep. While some are caused by hereditary factors. Sleeping disorder leads to several chronic diseases such as diabetes, obesity, and cardiovascular diseases. Sleep is a biological necessity that regulates immunological function, modulates memory and other cognitive functions, and maintains metabolic balance. Drugs and medical equipment used to diagnose and treat sleep problems such as sleep apnea and insomnia are known as sleep aids. Sleep disorders are characterized by a lack of quality sleep, which can be caused by medical issues, physical disruptions, environmental issues, or psychiatric illnesses. These sleep problems are likely to have a negative impact on human health and contribute to a variety of chronic diseases, including hypertension, diabetes, arthritis, and stroke. As a result, it is critical to treat and diagnose these problems as soon as possible.

Sleep Aids Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

6.80%

Largest Market

North America

Fastest Growing Market

Asia Pacific
Sleep Aids Market Dynamics

Burgeoning the prevalence of sleep disorders is expected to drive the growth of sleep aids market. According to Centers for Disease Control and Prevention (CDC), around 49.2 million people with sleeping disorder in the year 2017. The increasing use of the caffeine, tobacco and alcoholic products is expected to enhance the growth of sleep aids market. The stressful lifestyle, high work pressures is expected to fuel the growth of market. However, the side effects associated with the intake of the sleeping pills on regular basis is anticipated to hamper the growth of sleeping aids market. The patent expiration of several drugs related with sleeping disorder is dampen the growth of sleep aids market.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

Sleep Aids Market Segmentation

By Product Type
  • Medication
    • Herbal Drugs
    • Prescription-based Drugs
    • Over-the-counter Drugs
  • Sleep Apnea Devices
  • Mattresses and Pillows
  • Others
By Application
  • Insomnia
  • Narcolepsy
  • Restless Legs Syndrome
  • Sleep Apnea
  • Sleep Walking
  • Others
By Distribution Channel
  • Hospital Pharmacies
  • Online Pharmacies
  • Others

Frequently Asked Questions

The sleep aids market size was valued at USD 62,815.10 million in 2023

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

The sleep aids market key players are Teva Pharmaceutical Industries Ltd (Israel), Sanofi (France), Takeda Pharmaceutical Company Limited (Japan), Care Fusion Corporation (U.S), Natus Medical Incorporated (U.S), Compumedics Limited. (Australia)

1. Executive Summary
2.  Global Sleep Aids Market Introduction 
2.1. Global Sleep Aids Market  - Taxonomy
2.2. Global Sleep Aids Market  - Definitions
2.2.1. By Product Type
2.2.2. By Application
2.2.3. By Distribution Channel
2.2.4. By Region
3. Global Sleep Aids Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Key Developments
4. Global Sleep Aids Market  By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
4.1. Medication
4.1.1. Herbal Drugs
4.1.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.1.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.1.1.3. Market Opportunity Analysis 
4.1.2. Prescription-based Drugs
4.1.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.1.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.1.2.3. Market Opportunity Analysis 
4.1.3. Over-the-counter Drugs
4.1.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.1.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.1.3.3. Market Opportunity Analysis 
4.2. Sleep Apnea Devices
4.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.2.3. Market Opportunity Analysis 
4.3. Mattresses and Pillows
4.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.3.3. Market Opportunity Analysis 
4.4. Others
4.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
4.4.3. Market Opportunity Analysis 
5. Global Sleep Aids Market  By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Insomnia
5 1 1  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Narcolepsy
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Restless Legs Syndrome
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Sleep Apnea
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Sleep Walking
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
5.6. Others
5.6.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.6.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.6.3. Market Opportunity Analysis 
6. Global Sleep Aids Market  By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Hospital Pharmacies
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Online Pharmacies
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Others
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.  Global Sleep Aids Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Latin America
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. MEA
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
7.6.  Global Sleep Aids Market - Opportunity Analysis Index, By Application, Product Type, Distribution Channel,  ,  ,  ,  , and Region, 2024 - 2030
8. North America Sleep Aids Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Product Type Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1. Medication
8.1.1.1. Herbal Drugs 
8.1.1.2. Prescription-based Drugs
8.1.1.3. Over-the-counter Drugs
8.1.2. Sleep Apnea Devices
8.1.3. Mattresses and Pillows
8.1.4. Others
8.2. Application Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1. Insomnia
8.2.2. Narcolepsy
8.2.3. Restless Legs Syndrome
8.2.4. Sleep Apnea
8.2.5. Sleep Walking
8.2.6. Others
8.3. Distribution Channel Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1. Hospital Pharmacies
8.3.2. Online Pharmacies
8.3.3. Others
8.4. Country Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.4.1. USA
8.4.2. Canada
9. Europe Sleep Aids Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Type Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1. Medication
9.1.1.1. Herbal Drugs 
9.1.1.2. Prescription-based Drugs
9.1.1.3. Over-the-counter Drugs
9.1.2. Sleep Apnea Devices
9.1.3. Mattresses and Pillows
9.1.4. Others
9.2. Application Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1. Insomnia
9.2.2. Narcolepsy
9.2.3. Restless Legs Syndrome
9.2.4. Sleep Apnea
9.2.5. Sleep Walking
9.2.6. Others
9.3. Distribution Channel Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1. Hospital Pharmacies
9.3.2. Online Pharmacies
9.3.3. Others
9.4. Country Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1. Germany
9.4.2. France
9.4.3. Italy
9.4.4. Spain
9.4.5. UK
9.4.6. Rest of Europe
10. Asia Pacific Sleep Aids Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Type Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1. Medication
10.1.1.1. Herbal Drugs 
10.1.1.2. Prescription-based Drugs
10.1.1.3. Over-the-counter Drugs
10.1.2. Sleep Apnea Devices
10.1.3. Mattresses and Pillows
10.1.4. Others
10.2. Application Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1. Insomnia
10.2.2. Narcolepsy
10.2.3. Restless Legs Syndrome
10.2.4. Sleep Apnea
10.2.5. Sleep Walking
10.2.6. Others
10.3. Distribution Channel Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1. Hospital Pharmacies
10.3.2. Online Pharmacies
10.3.3. Others
10.4. Country Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1. China
10.4.2. Japan
10.4.3. South Korea
10.4.4. India
10.4.5. Rest of APAC
11. Latin America Sleep Aids Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Type Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1. Medication
11.1.1.1. Herbal Drugs 
11.1.1.2. Prescription-based Drugs
11.1.1.3. Over-the-counter Drugs
11.1.2. Sleep Apnea Devices
11.1.3. Mattresses and Pillows
11.1.4. Others
11.2. Application Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1. Insomnia
11.2.2. Narcolepsy
11.2.3. Restless Legs Syndrome
11.2.4. Sleep Apnea
11.2.5. Sleep Walking
11.2.6. Others
11.3. Distribution Channel Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1. Hospital Pharmacies
11.3.2. Online Pharmacies
11.3.3. Others
11.4. Country Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1. Brazil
11.4.2. Mexico
11.4.3. Argentina
11.4.4. Rest of Latin America
12. MEA Sleep Aids Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Type Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1. Medication
12.1.1.1. Herbal Drugs 
12.1.1.2. Prescription-based Drugs
12.1.1.3. Over-the-counter Drugs
12.1.2. Sleep Apnea Devices
12.1.3. Mattresses and Pillows
12.1.4. Others
12.2. Application Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1. Insomnia
12.2.2. Narcolepsy
12.2.3. Restless Legs Syndrome
12.2.4. Sleep Apnea
12.2.5. Sleep Walking
12.2.6. Others
12.3. Distribution Channel Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1. Hospital Pharmacies
12.3.2. Online Pharmacies
12.3.3. Others
12.4. Country Analysis,  2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1. GCC Countries
12.4.2. South Africa
12.4.3. Rest of MEA
13.  Competition Landscape
13.1. Strategic Dashboard of Top Market Players
13.2. Company Profiles (Introduction, Financial Analysis, By Product Offerings, Key Developments, Strategies, and SWOT Analysis)
13.2.1. Merck & Co. (U.S)
13.2.2. Cadwell (U.S)
13.2.3. Teva Pharmaceutical Industries Ltd (Israel)
13.2.4. Sanofi (France)
13.2.5. Takeda Pharmaceutical Company Limited (Japan)
13.2.6. Care Fusion Corporation (U.S)
13.2.7. Natus Medical Incorporated (U.S)
13.2.8. Compumedics Limited. (Australia)
14.  Research Methodology
15.  Key Assumptions and Acronyms
  • Merck & Co. (U.S)
  • Cadwell (U.S)
  • Teva Pharmaceutical Industries Ltd (Israel)
  • Sanofi (France)
  • Takeda Pharmaceutical Company Limited (Japan)
  • Care Fusion Corporation (U.S)
  • Natus Medical Incorporated (U.S)
  • Compumedics Limited. (Australia)

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