The global Insomnia market reached ~US$ xx Mn in 2018 and is anticipated grow at a CAGR of xx% over the forecast period 2019-2029. In this Insomnia market study, the following years are considered to predict the market footprint:
The business intelligence study of the Insomnia market covers the estimation size of the market both in terms of value (Mn/Bn USD) and volume (x units). In a bid to recognize the growth prospects in the Insomnia market, the market study has been geographically fragmented into important regions that are progressing faster than the overall market. Each segment of the Insomnia market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the Global regions.
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Each market player encompassed in the Insomnia market study is assessed according to its market share, production footprint, current launches, agreements, ongoing R&D projects, and business tactics. In addition, the Insomnia market study scrutinizes the strengths, weaknesses, opportunities and threats (SWOT) analysis.
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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What insights readers can gather from the Insomnia market report?
- A critical study of the Insomnia market on the basis of segment 1, segment 2 and segment 3.
- Learn the behavior pattern of every Insomnia market player – product launches, expansions, collaborations and acquisitions in the market currently.
- Examine and study the progress outlook of the global Insomnia landscape, which includes, revenue, production & consumption and historical & forecast.
- Understand important drivers, restraints, opportunities, and trends (DROT Analysis).
- Important trends, such as carbon footprint, R&D developments, prototype technologies, and globalization.
The Insomnia market report answers the following queries:
- Which players hold the significant Insomnia market share and why?
- What strategies are the Insomnia market players forming to gain a competitive edge?
- Why region is expected to lead the global Insomnia market?
- What factors are negatively affecting the Insomnia market growth?
- What will be the value of the global Insomnia market by the end of 2029?
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This post was originally published on Analytics News