United States $30.66 Bn Sleep Aids Markets, 1995-2020 & 2021-2025: Medications, Premium Mattresses, High Tech Pillows, CPAP Devices, White Noise Machines, Smartphone Apps, and More

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Jul 02, 2021, 12:45 ET

DUBLIN, July 2, 2021 /PRNewswire/ -- The "The U.S. Sleep Aids Market" report from Marketdata LLC has been added to ResearchAndMarkets.com's offering.

Fully 58% of Americans are estimated to experience insomnia symptoms or sleep disorders. Companies across America are trying to sell us a perfect night's sleep with medications, premium mattresses, high tech pillows, CPAP devices, white noise machines, smartphone apps, and more. All of this has become a $30 billion a year industry.

Sleep labs were hit hard by the pandemic as they shifted to mostly at-home tests and telemedicine. However, the CPAPs market has grown strongly, along with OTC sleep aids/supplements and apps. The mattress and pillows market also held up well as consumers focused more on making their home more comfortable. The study has complete coverage of the pandemic's effect on all market segments.

As obesity rates climb and Americans age, more people are developing sleep apnea and other sleep disorders. Plus, stressors related to the 2020 election, the pandemic and recession are resulting in more sleepless nights for Americans. There are now an estimated 4,400 "sleep labs or centers" in the United States. These labs perform sleep studies and help design treatment programs for insomniacs and those with sleep apnea.

This study examines the "sleep" market and all its segments, covering markets for: anti-insomnia drugs and OTC supplements, sleep labs/centers, mattresses and pillows, CPAPs (continuous positive airway pressure devices) for sleep apnea, and retail sleep aids: earplugs, sleep lamps, sound conditioning machines, eye masks, books on sleep). The report also includes extensive sleep lab metrics (patient volumes, bed counts, fees, more).

The study includes: $ market size/growth for 1995-2020, with 2021 and 2025 Forecasts, patient demographics, 16 in-depth competitor profiles, analysis of market nature & structure, history and evolution, reimbursement issues and the effect of Medicare rulings regarding home testing.

Introduction: Study Scope & Methodology

Glossary of sleep disorder terms
List of major private & public sector information source used

Executive Overview of Major Findings

Highlights of ALL study chapters:

Market definition and scope: mkt. segments included
Scope of sleep deprivation in America: prevalence rates of insomnia, causes, no. of sleep disorders, description of most common sleep disorders, NSF vs. other polls.
Nature of the field of sleep medicine and somnology: history/evolution of sleep labs, number, multiple-site chains, mkt. size 1997-2025 F
Major Market Trends: discussion of. sleep lab reimbursement and consolidation, disruption of mattress market, effects of Covid-19 pandemic on market value, shift to more at-home sleep studies, CPAP market's strong growth, insomnia drug mkt. dollar value decline due to generics.

Market Segments Outlooks and Size (1995-2025 F $ value, 2020 performance, 2021 Forecast, 2025 long-term Forecast

Mattress & pillows market
Sleep centers market
CPAP market
Rx and OTC sleeping medications market
Retail sleep aids market

Market Size & Growth

Market Definition & Scope: the markets comprising total sleep market
Discussion of the historical growth of the market, performance during recessions
Analysis of the market by McKinsey & Company
Market size/growth/performance during 2019 and 2020 during the pandemic
Outlook and forecast for 2021 & 2025
The Mattresses Market
The Sleep Pillows Market
The Insomnia Medications Market
The Sleep Labs Market
The Sleep Apnea Devices Market
The Retail Sleep Aids Market