Global Insomnia market
The global Insomnia market registered a value of ~US$ xx Mn/Bn in 2019. With a moderate CAGR of xx% throughout the historic period 2014-2019, the Insomnia market is expected to grow at healthy CAGR of xx% over the foreseeable timeframe 2019-2029. In this research study, 2018 is considered as the base year.
The Insomnia market study presents a compilation of market share, demand analysis, and future outlook associated with each segment as well as sub-segment. The key segments include, product type, end use, region, and relevant competitors. Important product-wise segments covered contain product 1, product 2, product 3, and product 4. Key end uses enclosed are end use 1, end use 2, end use 3, and end use 4.
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trends and opportunities available for the players to base their futuristic decisions on. The featured section on company profiles identities some of the prominent names in the market and overviews their market share, product portfolio and services provided, and recent strategic developments. The global insomnia market can be segmented on the basis of treatment into pharmacological treatments, which can be further sub-segmented into prescription sleep aids and over-the-counter sleep aids, and non-pharmacological treatments. The sub-segment of prescription sleep aids can be further divided into non-benzodiazepines, benzodiazepines, orexin antagonists, melatonin receptor antagonists, and other prescription sleep aids. Geographically, the report studies the opportunities available in the regions of North America, Europe, Asia Pacific, and Rest of the World.
Global Insomnia Market: Trends and Opportunities
The launch of new drugs and rehabilitation services is the primary driver for the market. In addition to that, government support across various countries is now quite evident for the players to invest and indulge into the research and development of new drugs and diagnosis. However, factors such as erosion in branded drugs sales and escalating adoption of generics, which are cost efficient while providing equal efficacy in comparison to branded products, are expected to hinder the growth rate of the global insomnia market during the forecast period.
Based on treatment, over-the-counter (OTC) sleep aids sub-segment currently serves the maximum demand and is expected to remain most prominent over the course of the forecast period of 2017 to 2025 due to its greater efficacy than benzodiazepine and non-benzodiazepine drugs. The OTC sleep aids can be further segmented into melatonin, antihistamines, valerian roots, and other dietary and herbal supplements.
Global Insomnia Market: Regional Outlook
Currently, North America serves the maximum demand for insomnia treat when compared to the rest of the regions across the globe, which is primarily attributed to restless lifestyle in country-wide market of the U.S. However, urban population in the region of Asia Pacific, particularly the emerging economies of India and China, are exhibiting similar trends and hence are projected to be lucrative regional markets for insomnia over the course of the forecast period. Europe is expected to remain another fruitful regional market.
Companies mentioned in this research report
The report identifies several prominent companies currently functional in the global insomnia market including Merck & Co., Inc. (U.S.), Pfizer, Inc. (U.S.), Sanofi S.A. (France), Eisai Co., Ltd. (Japan), Meda Consumer Healthcare Inc. (U.S.), Pernix Therapeutics Holdings (U.S.), Takeda Pharmaceutical Company Ltd. (Japan), and Vanda Pharmaceuticals, Inc (U.S.).
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The Insomnia market research covers an exhaustive analysis of the following data:
- Synopsis of recent R&D activities implemented by each Insomnia market player.
- Segmentation of the Insomnia market to highlight the growth prospects and trends impacting these segments.
- Factors (Positive and Negative) affecting the growth of the global Insomnia market.
- Comprehensive analysis of the impacts of the growth of relevant industries.
- Exhaustive understanding of the strengths, weaknesses, opportunities and threats of various Insomnia market players.
The Insomnia market research answers the following questions:
- Which country in region is expected to hold the largest share by 2019?
- How are the players overcoming the challenges associated with the Insomnia market?
- What modifications are the Insomnia market players performing to receive regulatory approvals in specific regions?
- What are the underlying micro- macroeconomic factors impacting the global Insomnia market?
- What is future prospect of Insomnia in end use segment?
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A thorough primary and secondary research has been performed to extract the nuts and bolts of the Insomnia market. Various service providers, implementation vendors and research in different departments of all gamut of companies were approached to provide a clear-cut picture of the market structure. Further, DROT analysis and Porter’s Five Forces analysis are used to offer the factors (positive and negative) impacting the growth of the Insomnia market.
This post was originally published on Analytics News