Report Highlights
The global market for sleep aids and technologies is expected to reach $84.9 billion by 2021 from $66.3 billion in 2016, rising at a compound annual growth rate (CAGR) of 5.1% from 2016 through 2021.
Report Includes
- An overview of the global market for sleep aids and related technologies.
- Analyses of global market trends, with data from 2015, estimates for 2016, and projections of CAGRs through 2021.
- Identification of the different disorders that manifest with sleep disorder symptoms.
- Information on different methods used to enhance sleep including medications, devices, and laboratories.
- Details on emerging technologies and developing trends.
- A look at the market's dynamics including growth drivers, restraints, and opportunities.
- Profiles of major players in the industry.
Report Scope
This report primarily focuses on the following sleep disorders:
- Insomnia.
- Sleep apnea.
- RLS.
- Bruxism.
- Narcolepsy.
- Sleepwalking.
The report discusses products, trends, new developments and compensation issues that are currently affecting or are likely to affect the market soon. Analyses are provided for each of the key companies in the major and minor market segments. The sleep aids and diagnostic centers discussed in this report include:
- Medications.
- Prescriptions.
- Over-the-counter (OTC).
- Herbal remedies.
- Sleep laboratories.
- Sleep apnea devices.
- Mattresses and pillows.
All markets are further broken down into specific types of products that are discussed in detail, measuring current and potential market size, identifying current and potential market drivers, detailing the markets from 2015, 2016 and 2021 and assessing the competitors in the market and their respective shares in various market segments.
Analyst Credentials
Natana Raj is a medical analyst and has edited more than two dozen market research reports in the past eight years, covering pharmaceuticals, medical devices, stem cells and beverages. He is a retired college professor with 32 years of experience in teaching biochemistry, biotechnology, biochemical pharmacology, molecular biology and genetics. In addition to a Master of Science degree, he also holds diplomas in biochemistry, biochemical pharmacology, biotechnology and environmental biology.
Report Highlights
The global market for sleep aids totaled $54.9 billion in 2013. This market is estimated to grow at a compound annual growth rate (CAGR) of 5.6% to reach $58.5 billion in 2014 and $76.7 billion by 2019.
Report Highlights
-
The worldwide sleep aids markets reached revenues of $25 billion in 2009. Revenues are anticipated to reach $33.2 billion in 2014, growing at a compound annual growth rate (CAGR) of 5.8% over the forecast period of 2009 to 2014.
-
The largest market in terms of annual revenues is the mattresses and pillows segment, but it is currently the slowest growing of all the markets. This segment was worth $10.6 billion in 2009 and is expected to reach $12.5 billion by 2015, a compound annual growth rate (CAGR) of 3.3%.
-
The second-largest market is sleep laboratories, with revenues of $6.7 billion in 2009. This segment is expected to grow at a compound annual growth rate (CAGR) of 6.5% to reach $9.2 billion in 2014.
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