(PharmaNewsWire.Com, August 14, 2017 ) According to the report Global Sleep Aids Market ", published by Market Data Forecast, the global market is projected to reach USD 83.8 billion by 2021, at a CAGR of 6.32 % from 2016 to 2021.
Sleep Aids are basically drugs or medical devices that help a person to fall asleep. Lack of proper sleeps have severe effects on work life and ones health and it is termed as sleep disorders. Sleep Disorders are generally a result of changes in sleeping patterns caused by psychiatric problems, medical issues and environmental issues.
The factors impacting the Global Market for Sleep Aids Market, either positively or negatively are presented in the DROC analysis. Some of the things discussed in the section are demand for home sleep tests and wearable sensor & monitors, rise in demand for sleeping pills, geriatric population and awareness initiatives, patent expiration of treatment pills and side effects of sleeping aid medications.
For granular level understanding the Sleep Aids Market is segmented based on the following categories with Market Size Estimations and Y-o-Y Forecasts presented for each sub-segment.
By Sleep Disorder
Insomnia
Sleep Apnea
Restless legs syndrome
Narcolepsy
Sleep walking
By Product
Mattresses & Pillows
Sleep Laboratories
Medication
Sleep apnea devices
By Medication
Prescription-based Drugs
OTC drugs
Herbal Drugs
Based on geography, the report contains a wide array of countries covering all around the globe. Countries like USA, Canada, U.K., Spain, Germany, Italy, India, China, South Africa, Israel and Brazil are identified as the predominant markets for Sleep Aids . For more of regional analysis check out the following reports.
The major companies discussed in the report which have the largest impact on the global market for Sleep aids devices include Sanofi, Pfizer, Koninklijke Philips N.V. (Philips),Merck & Co., GlaxoSmithKline Plc, Cadwell, SleepMed, Natus Medical manufactures, Care Fusion Corporation, DeVilbiss Healthcare LLC.
The Sleep Aids Market study offers the following deliverables:
Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is blooming
Segment-level analysis on basis of Sleep disorder, Product, Medication along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that effect the global market presented in an extensive strategic analyses section containing PESTLE and Porters Five Forces Analyses
A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
About Market Data Forecast:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more info kindly visit, www.marketdataforecast.com
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Sales Manager (International Business Development)
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