Global Natural Sleep-Enhancing Aid Market, By Product Type (Drugs, Devices and Others), Indication (Insomnia, Sleep Deprivation, Narcolepsy, Sleep Apnoea and Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, E-Commerce, Drug Stores and Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Natural Sleep-Enhancing Aid Market
Data Bridge Market Research analyses that the global natural sleep-enhancing aid market will project a CAGR of 6.81% for the forecast period of 2021-2028. Growth and expansion of the healthcare industry, ever-rising population around the globe, rising consumer consciousness towards the usage of portable sleep apnoea devices, surging adoption of sensors and wearable monitors and increasing personal disposable income by the major companies are the major factors attributable to the growth of natural sleep-enhancing aid market.
Sleep is a biological function that is necessary to recover the body of exertion, regulation the functioning of bodily organs and maintain metabolic homeostasis. Sleep aids are the drugs and devices that are used to diagnose prevailing sleep disorders. Therefore, natural sleep-enhancing aid is a set of drugs and medical devices that help the individuals to improve their sleeping pattern.
Surging prevalence of sleep related disorders such as sleep apnoea and insomnia and existence of medical issues, physical disturbances, environmental problems, and psychiatric disorders are the major factors fostering the growth of the market. Fast pacing lifestyle, growth in the innovations in sleep aid devices, and rising focus of the manufacturers on the launch of new and innovative products are other important factors acting as market growth determinants. Rising risks of various diseases, developing drugs for inappropriate sleep and rise in the application of compact sleep apnoea devices will further induce growth in the market value.
However, long waiting time for sleep care services and patent expiration of sleep disorder medications will pose a major challenge to the growth of the market. Side-effects associated with sleep medications will also hamper the market growth rate. Shortage of skilled medical professionals in the developing and under developed economies will yet again derail the market growth rate.
This natural sleep-enhancing aid market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on natural sleep-enhancing aid market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Natural Sleep-Enhancing Aid Market Scope and Market Size
The natural sleep-enhancing aid market is segmented on the basis of product type, indication and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- Based on the product type, the global natural sleep-enhancing aid market is segmented into drugs, devices and others. Drugs segment is sub-segmented into insomnia treatment drugs, doxepin hydrochloride, eszopiclone, ramelteon, triazolam, zaleplon, quazepam, narcolepsy treatment drugs, modafinil, sodium oxybate, armodafinil and others. Devices segment is sub-segmented into CPAP devices, BiPAP devices and APAP devices. Others segment is sub-segmented into mattresses and pillows, chin straps, mouth pieces and nasal devices.
- On the basis of indication, the global natural sleep-enhancing aid market is segmented into insomnia, sleep deprivation, narcolepsy, sleep apnoea and others.
- On the basis of distribution channel, the natural sleep-enhancing aid market is segmented into hospital pharmacies, retail pharmacies, e-commerce, drug stores and others.
Natural Sleep-Enhancing Aid Market Country Level Analysis
The natural sleep-enhancing aid market is analyses and market size, volume information is provided by country, product type, indication and distribution channel as referenced above.
The countries covered in the natural sleep-enhancing aid market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
North America region dominates the natural sleep-enhancing aid market and will continue to during the forecast period owing to the rising prevalence of sleep related disorders such as sleep apnea and insomnia. Asia-Pacific is set to undergo substantial gains and register the highest CAGR for the forecast period owing to the growth and expansion of healthcare industry, fast pacing economy, ever-rising geriatric population base and westernization and increasing personal disposable income.
The country section of the natural sleep-enhancing aid market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Natural Sleep-Enhancing Aid Market Share Analysis
The natural sleep-enhancing aid market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to natural sleep-enhancing aid market.
The major players covered in the natural sleep-enhancing aid market report are Koninklijke Philips N.V., Itamar Medical Ltd., Natus Medical Incorporated, CONTEC MEDICAL SYSTEMS CO., LTD, ResMed, BMC Medical Co., Ltd., SomnoMed, Fisher & Paykel Healthcare Limited, Somnowell, Compumedics Limited, APEX MEDICAL CORP., Inspire Medical Systems, Inc., NIHON KOHDEN CORPORATION, DeVilbiss Healthcare LLC, nox medical, Advanced Brain Monitoring, Inc., Cleveland Medical Devices Inc., Braebon Medical Corporation, and Löwenstein Medical Technology GmbH + Co. KG., among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
SKU-