NEW YORK, June 14, 2016 /PRNewswire/ --
According to market research "Global Sleeping Aids Market Size, Share, Development, Growth and Demand Forecast to 2022 - Industry Insights by Sleep Disorder (Insomnia, Sleep Apnea, Restless Legs Syndrome, Narcolepsy, Sleep Walking and Others), by Products (Medication, Sleep Laboratories, Mattresses and Pillows, Sleep Apnea Devices and Others), by Products (Medication, Sleep Laboratories, Mattresses and Pillows, Sleep Apnea Devices and Others)" published by P&S Market Research, the global sleeping aids market was valued at $61,798.0 million in 2015, and it is expected to grow at a CAGR of 6.3% during the period 2016 - 2022.
Access Full Report at: https://www.psmarketresearch.com/market-analysis/sleeping-aids-market
The global sleeping aids market is increasing, due to growing geriatric population and increasing awareness about sleep disorders by various organizations. Older people are more prone to sleep disorders, such as obstructive sleep apnea and insomnia. In addition, the lifestyle changes are leading to sleep disorder, due to the increased usage of caffeine, tobacco and alcohol. This has generated the demand for sleeping aids products. The long working hours and hectic work environment further hampers the quality of sleep, which is leading to an increased consumption of OTC drugs, thus encouraging the growth of the global sleeping aids market.
Among the various sleep disorders, the sleep apnea market segment is expected to witness the fastest growth in the global market during the forecast period. Among the various sleeping aids products, the mattress and pillows segment had the largest market size in the global market during 2015; however the sleep apnea devices segment is expected to witness fastest growth, at 6.9% CAGR during the period 2016 - 2022.
Browse More Reports on Healthcare: https://www.psmarketresearch.com/industry-report/healthcare
The various government and non-government organizations are taking initiatives to spread awareness about the importance of sound sleep and use of sleep aids products. The governments of various countries are taking initiatives to encourage the use of sleeping aids products, as these products help patients to reduce sleeping disorders. The increasing initiative to create awareness about the importance of adequate sleep and educating people about sleep disorders are also driving the growth of the global market.
The key companies operating in the global sleeping aids market include Sanofi, Merck & Co., Pfizer Inc., Koninklijke Philips N.V, GlaxoSmithKline PLC, SleepMed Inc., Cadwell Laboratories Inc., Drive Medical Ltd., Natus Medical Incorporated, Takeda Pharmaceutical Company Limited, Compumedics Limited, CareFusion Corporation, and Teva Pharmaceutical Industries Ltd.
GLOBAL SLEEPING AIDS MARKET
By Sleep Disorders
- Sleep Apnea
- Restless Legs Syndrome
- Sleep Walking
- Sleep Medication
- Prescription Drugs
- OTC Drugs
- Herbal Drugs
- Sleep Laboratories
- Mattresses and Pillows
- Sleep Apnea Devices
- North America- The U.S., and Rest of North America
- Europe- The U.K., Germany, France, and Rest of Europe
- Asia- Japan, China, and Rest of Asia
- Rest of the World (RoW) - Brazil, Australia and Others
Hearing Aids Market - https://www.psmarketresearch.com/market-analysis/hearing-aids-market
Pain Management Drugs Market - https://www.psmarketresearch.com/market-analysis/pain-management-drugs-market
Hepatitis Drugs Market - https://www.psmarketresearch.com/market-analysis/-hepatitis-drugs-market
About P&S Market Research
P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.
As one of the top growing market research agency, we're keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.
Assistant - Client Partner
347, 5th Ave. #1402
New York City, NY - 10016
Toll-free: +1-888-778-7886 (USA/Canada)
SOURCE P&S Market Research