Sleep Aids: Technologies and Global Markets

Mar 2023| HLC081E| BCC Publishing

Report Highlights

The global market for sleep aids is estimated to increase from $89.6 billion in 2022 to reach $125.3 billion by 2027, at a compound annual growth rate (CAGR) of 6.9% from 2022 through 2027.

Report Includes

  • 33 data tables and 37 additional tables
  • A comprehensive overview and an up-to-date analysis of the global market for sleep aids
  • Analyses of the global market trends, with historic market revenue (sales figures) for 2021, estimates for 2022, forecasts for 2023 and 2025, and projections of compound annual growth rates (CAGRs) through 2027
  • Highlights of the upcoming market potential for sleep aids, and areas of focus to forecast this market into various segments and sub-segments
  • Estimation of the actual market size and revenue forecast for global sleep aids market in USD million values, and corresponding market share analysis based on product type, sleep disorder type, and region
  • Updated information on market drivers and opportunities for sleep aids industry, key shifts and regulations, technology specific challenges, and other demographic factors affecting the sleep aids market demand over the forecast period (2022-2027)
  • Country specific data and market value analysis for the U.S., Canada, Germany, U.K., France, Italy, Spain, Australia, Japan, China, India, South Korea, and other emerging countries
  • A comparative study and Porter’s Five Forces analysis considering both the micro and macro environmental factors prevailing in the sleep aids market
  • Holistic review of the impact of the COVID-19 pandemic and the Russia-Ukraine war on the global market for sleep aids
  • Coverage of the technological, economic, and business considerations of the sleep aids market, with global market data analyses and growth forecasts through 2027
  • Identification of the major stakeholders and analysis of the company competitive landscape based on their recent developments, financial performance, and segmental revenues
  • Detailed company profiles of the leading market players, including Advanced Brain Monitoring Inc., Ambulatory Monitoring Inc. (AMI), Boehringer Ingelheim GmbH, Fisher & Paykel Healthcare Ltd., Pfizer Inc., and ResMed Inc.

Report Scope

This report offers a detailed picture of the sleep aids market.

This report highlights the current and future market potential for sleep aids and provides a detailed analysis of the competitive environment, regulatory scenario, drivers, restraints, opportunities and trends in the market. The report also covers market projections through 2027, as well as key market players.

This report details market shares for sleep aids based on product, sleep disorder and geography. Based on product, the market is segmented into mattresses and pillows, sleep apnea devices, medications, sleep laboratories, and home sleep tests. Based on sleep disorder, the market is segmented into insomnia, sleep apnea, restless legs syndrome (RLS) and others.

By geography, the market has been segmented into North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. Detailed analyses of major countries (the U.S., Canada, Germany, U.K., France, Spain, Italy, Japan, China and India) are covered in regional segments. For market estimates, data has been provided for 2021 as the base year, with forecasts for 2021 through 2027. Estimated values are based on product manufacturers’ total revenues. Projected and forecasted revenue values are in constant U.S. dollars, unadjusted for inflation.

Frequently Asked Questions (FAQs)

The sleep aids market is projected to grow from $84.6 billion in 2021 to $125.3 billion in 2027, at a compound annual growth rate (CAGR) of 6.9% during the forecast period.
The key factors driving the growth of sleep aids market include the following:
  • Growing Aging Population
  • Growing Number of Insomnia Disorders in the Young Population
The sleep aids market is segmented based on product type, sleep disorder type and region.
Mattresses and pillows segment will dominate the market by the end of 2027.
North America holds the highest market share in the market in terms of region.
Key companies in the market includes Ambulatory Monitoring Inc., Apnea Science Corp., and Boehringer Ingelheim.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Report Synopsis

Report Metrics Details
Base year considered 2021
Forecast period considered 2022-2027
Base year market size $84.6 billion
Market size forecast $125.3 billion
Growth rate CAGR of 6.9% for the forecast period of 2022-2027
Units considered $ Millions
Segments covered By Product, Sleep Disorder Type, and Region
Regions covered North America, Europe, Asia-Pacific, Latin America, and The Middle East and Africa (MEA)
Countries covered The U.S., Canada, Germany, U.K., France, Italy, Spain, Japan, Australia, China, and India
Key Market Drivers
  • Growing Number of Insomnia Disorders
  • Increasing Prevalence of Obstructive Sleep Apnea (OSA)
  • Increasing Demand for Medication including Herbal Medicines Due to Unhealthy Lifestyles
  • Increase in Geriatric Population Across the World
Companies studied
  • ACTIGRAPH LLC.
  • ADVANCED BRAIN MONITORING INC.
  • AMBULATORY MONITORING INC.
  • APNEA SCIENCES CORP.
  • BLAIREX LABORATORIES INC.
  • BOEHRINGER INGELHEIM INTERNATIONAL GMBH
  • BRAEBON MEDICAL CORP.
  • CADWELL LABORATORIES INC.
  • CAMNTECH LTD.
  • CIRCADIANCE LLC.
  • CLEVELAND MEDICAL DEVICES INC.
  • DRIVE DEVILBISS HEALTHCARE
  • FISHER & PAYKEL HEALTHCARE LTD.
  • GLIDEWELL
  • HANS RUDOLPH INC.
  • MODERN DENTAL LABORATORY USA
  • NIHON KOHDEN AMERICA INC.
  • PFIZER INC.
  • RESMED INC.

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Sleep Aids: Technologies and Global Markets152Free
Chapter- 1: Introduction8Free
Chapter- 2: Summary and Highlights3Free
Chapter- 3: Market and Technology Background11Free
Chapter- 4: Impact of COVID-19 and Russia-Ukraine War on the Market6Free
Chapter- 5: Market Dynamics7Free
Chapter- 6: Market Breakdown by Product Type24Free
Chapter- 7: Market Breakdown by Sleep Disorder30Free
Chapter- 8: Market Breakdown by Region24Free
Chapter- 9: Competitive Landscape2Free
Chapter- 10: Company Profiles35Free
Chapter- 11: Appendix: List of Acronyms2Free
Published - Jan-2021| Analyst - BCC Publishing| Code - HLC081D

Report Highlights

The global market for sleep aids should grow from $81.2 billion in 2020 to $112.7 billion by 2025 with a compound annual growth rate (CAGR) of 6.8% for the period of 2020-2025.

Report Includes

  • 25 data tables and 46 additional tables
  • A comprehensive analysis of the global markets for sleep aids within the industry and its sub-segments
  • Analyses of the global market trends, with data from 2018,2019, estimates for 2020, and projections of compound annual growth rates (CAGRs) through 2025
  • Detailed insights into factors driving and restraining the growth of the global sleep aids market
  • Estimation of the actual market size and revenue forecasts for sleep aids and related technologies, and corresponding market share analysis on the basis of type of product and sleep disorder with major regions and countries involved
  • Impact of COVID-19 pandemic on the growth of global sleep aids market vs. the overall global economy
  • Country specific data and analysis for the U.S., Canada, France, Germany, U.K., Spain, Italy, Japan, China, India, Australia, South Korea, and other emerging economies
  • Competitive landscape featuring major market participants of the global sleep aids industry, and a Porter’s Five Forces analysis considering both the micro and macro environmental factors prevailing in the market
  • Descriptive company profiles of the leading sleep aids industry players, including Apnea Sciences Corp., Boehringer Ingelheim International Gmbh, Cleveland Medical Devices Inc., Fisher & Paykel Healthcare Corp. Ltd., Pfizer Inc., and Resmed
Published - Oct-2016| Analyst - Natana Raj| Code - HLC081C

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.

Published - Jun-2014| Analyst - Natana Raj| Code - HLC081B

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 Includes

  • An overview of the global market for sleep aids and related technologies.
  • Analyses of global market trends, with data from 2013, estimates for 2014, and projections of CAGRs through 2019.
  • 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.

Published - Apr-2010| Analyst - Mary Anne Crandall| Code - HLC081A

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.
Sleep Aids: Technologies and Global Markets

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