Insomnia Treatment Market To Overshoot Conventional Mode Of Growth By Exhibiting A CAGR Of 5.2% From 2018-2026

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Insomnia Treatment Market
Report Id PMRREP23203 Category Life Science
Healthcare
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Insomnia Treatment Market To Overshoot
Conventional Mode Of Growth By Exhibiting A CAGR
Of 5.2 From 2018-2026

• One of the major trends witnessed by the
  healthcare vertical is that of the key
  stakeholders going for service-oriented business
  models. These all-in-one models are bound to
  rejuvenate the healthcare vertical on the whole.
  The Insomnia Treatment Market is on the
  replenishment plank and gives insights on the
  same count.
• Technological innovations have revolutionized
  lifestyle, communication, business, travel, and
  healthcare. The healthcare technology industry is
  continually improving ways to treat
  neural-related medical conditions, coupled with a
  significant understanding of subsequent
  ramifications and consequences. On the other
  hand, the pharmaceutical landscape has also
  transitioned and opened itself to explore novel
  scientific approaches and innovative technologies
  within its core therapeutic areas.
• The global market for insomnia treatment is
  expected to be valued at around US 7.5 Bn by
  2026 end, witnessing steady expansion at 5.2
  CAGR over 2018-2026.

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New Pharmaceutical Innovations to Address Key
Concerns for Sleep Medications
In the 32nd Annual Meeting of the Associated
Professional Sleep Societies (SLEEP 2018), Eisai
Co., Ltd. and Purdue Pharma L.P showed positive
results from clinical trials of lemborexant,
which is currently being studied for the
potential treatment of multiple sleep disorders,
especially insomnia. On examining lemborexant for
sleep onset, sleep maintenance, and return to
sleep latency, it showed favorable results in
terms of postural instability and residual effect
compared to placebo and zolpidem (Ambien). A
number of pharmaceutical companies are setting
new breakthroughs in the sleep medications
segment to cater to specific and unmet needs of
insomnia patients. Such innovations are expected
to help improve sleep through the night and also
allow patients to function appropriately upon
awakening, which has been a growing concern among
older adults.
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