Brandessence Market Research has published a new report titled “Insomnia Market: Forecasts Product Type (Prescription Sleep Aids, OTC Sleep Aids and Others) and by Therapy Type for (Non-pharmacological Therapy and Pharmacological Therapy): Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2024”. According to the Brandessence Market Research Analyst, Insomnia market is expected to grow at significant CAGR during the forecast period 2018-2024.
Introduction to Insomnia Industry:
Insomnia is sleep disorder and due to this people face problems like staying asleep or falling asleep. Insomnia is caused by medical and psychiatric conditions like unhealthy lifestyle, unhealthy diet, genetic problems, Gastrointestinal problems, Arthritis, Asthma, Neurological disorders, chronic pain, etc. Insomnia is classified as acute insomnia & chronic insomnia and this classification is based upon its duration.
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Market Dynamics for Insomnia industry:
Rising geriatric population and changing human lifestyle are key drivers for Insomnia market. According to National Institutes of Health, globally 30% population is suffering from sleep disorder. Moreover, the market is driven by technological development and increasing investment in research and development. Thus, global Insomnia market is expected to grow at significant growth rate in forecast period. However, strict FDA rules and regulations and low awareness rate in number of countries are affecting the market growth of Insomnia market. Nonetheless, untapped market and new product launches are expected to generate new opportunities in this market.
Global Insomnia Market: Segment Overview
The global Insomnia market is estimated to register significant CAGR between 2018 and 2024. The report included a detailed competitive scenario and portfolio of leading vendors operating in Insomnia market all across the world. The report gives detailed segments analysis of Insomnia market in which the report describes the market into product types, therapy type and regional segments. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World. North America dominates the market with highest market share due to increasing geriatric population. Europe is second largest market for Insomnia and it is expected to generate new opportunity with product innovation and increased investment in research and development. Asia Pacific Insomnia market is witnessed with strong growth rate due to changing human lifestyle.
Browse the full “Insomnia Market: Forecasts Product Type (Prescription Sleep Aids, OTC Sleep Aids and Others) and by Therapy Type for (Non-pharmacological Therapy and Pharmacological Therapy): Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2024”.
This Report Segment of Global Insomnia Market as Follows:
Global Insomnia Market: Product Type Segment Analysis
- Prescription Sleep Aids
- OTC Sleep Aids
Global Insomnia Market: Therapy Type Segment Analysis
- Non-pharmacological Therapy
- Pharmacological Therapy
Global Insomnia Market: Regional Segment Analysis
- North America
- Asia Pacific
- Southeast Asia
- Latin America
- The Middle East and Africa
- Rest of MEA
This Global Insomnia Market Report Covers Top Players Like,
- Merck & Co. Inc.
- Sanofi, Pfizer, Inc.
- Takeda Pharmaceutical Company Ltd.
- Purdue Pharmaceuticals L.P.
- Eisai, Co. Ltd.
- Meda Consumer Healthcare Inc.
- Pernix Therapeutics
- Vanda Pharmaceuticals
- ECR Pharmaceuticals
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