Global Sleeping Aids Market Growth 2023-2029

Global Sleeping Aids Market Growth 2023-2029

Sleeping aids are defined as products or devices used to facilitate sleep in individuals with various sleep disorders. Sleeping aids include pressure-relief mattresses, sleep apnea devices, and drugs.

LPI (LP Information)' newest research report, the “Sleeping Aids Industry Forecast” looks at past sales and reviews total world Sleeping Aids sales in 2022, providing a comprehensive analysis by region and market sector of projected Sleeping Aids sales for 2023 through 2029. With Sleeping Aids sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Sleeping Aids industry.

This Insight Report provides a comprehensive analysis of the global Sleeping Aids landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Sleeping Aids portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Sleeping Aids market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Sleeping Aids and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Sleeping Aids.

The global Sleeping Aids market size is projected to grow from US$ 59340 million in 2022 to US$ 85720 million in 2029; it is expected to grow at a CAGR of 85720 from 2023 to 2029.

Owing to the high adoption and the increased availability across the world, the mattress and pillow segment will account for major share of the sleeping aids market. These multipurpose products are adopted by individuals suffering from sleep disorders as they are being continuously evolved with technological innovations to alleviate sleep disorders. The introduction of technologically advanced products and the growing awareness about their availability, will drive the growth of the sleep aid market in this segment.

This report presents a comprehensive overview, market shares, and growth opportunities of Sleeping Aids market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Medication
Mattresses and Pillows
Sleep Apnea Devices
Other

Segmentation by application
Insomnia
Restless Legs Syndrome
Sleep Apnea
Narcolepsy
Sleep Walking
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GlaxoSmithKline
Pfizer
Merck
Becton Dickinson
Hill-Rom
Koninklijke Philips
Teva Pharmaceuticals
Abecca Healthcare
Betterlifehealthcare
Cadwell Laboratories
Compumedics
Lifeline Corporation
Medical Depot
Natus Medical
Talley Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Sleeping Aids market?

What factors are driving Sleeping Aids market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Sleeping Aids market opportunities vary by end market size?

How does Sleeping Aids break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.