Sleep Aids Market - Global Industry Analysis and Forecast to 2020
Persistence Market Research
Sleep Aids Market - Global Industry
A sleep disorder is a medical condition of the sleeping patterns of a person and animal. Some sleep disorders, such as insomnia, sleep apnea, RLS, bruxism, narcolepsy and sleepwalking poise negative effects on human health. These sleeping disorders affect not only personal health; they also pose adverse effects on personal relationships and reduce neural efficiency of patients. To overcome on this problem, sleep aids play an important role for diagnosis and treatment of sleep disorders. Sleep aids include medications and sleep-aid devices for diagnosis and treatment of the disorders.
X-ray imaging systems are the largest segment in the global diagnostic imaging devices market, followed by ultrasound systems, CT systems and MRI. North America dominates the global diagnostic imaging devices market, followed by European and Asian countries. Increasing aging population, large number of diagnostic imaging centers, high incidence of various diseases, such as cancer and cardiovascular diseases, and the large number of ongoing research activities in North America drive the market at a healthy growth rate.
Sleep Aids Market - Global Industry Analysis and Forecast to 2020 The global market of sleep aids is categorized based on various sleep disorders and product types. The sleep disorder segment is further sub-segmented in insomnia, sleep apnea, RLS, bruxism, narcolepsy and sleepwalking. Insomnia is one of the most common sleeping disorders and its treatment holds largest share in sleeping disorders treatment market. Insomnia is characterized by a lack of sleep. It is divided into two main categories: sleep maintenance insomnia and sleep onset insomnia. Moreover, product type segmentation includes medications, sleep laboratories, mattresses and pillows and sleep apnea devices. The medication sub-segment is further sub-divided into prescription drugs, over-the-counter drugs and herbal remedies. The mattresses and pillows is the largest market sub-segment followed by sleep laboratories. Sleep apnea device is the fastest growing sub-segment in the product type segmentation.
Sleep Aids Market - Global Industry Analysis and Forecast to 2020 Under geographic analysis, North America is the largest market for sleep aids followed by Europe and Asia. In North America, the U.S. represents the largest market for sleep aids. In Europe, Germany, France and the U.K. covers the major share of sleep aids market. Asia represents the fastest growing market for sleep aids, due to increasing ageing population. Sleep disorders are more common in people under the age group of 50-59.
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Globally, sleep aids market is witnessing a significant growth due to ageing population, increasing cases of sleep disorders and increased demand of sleeping pills for treatment of sleep disorders. Moreover, several government associations, such as FDA and National Association of Boards of pharmacy (NABP), are also supporting in the growth of sleep aids market by providing specific guidelines for the use of sleep aids and their medications. However, several severe side effects associated with sleep aids medications impede the market growth. For instance, some of the major side effects of over-the-counter sleep aids include blurred vision, constipation and urinary retention, dry mouth and throat, dizziness and forgetfulness, severe drowsiness and clumsiness. Due to these types of side effects, many patients are not accepting sleep aids for treatment of sleep disorders.
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