Title: Superlative Innovation To Prepare The Growth Matrix Of The Sleep Aids Market
1Sleep Aids Market
Report Id PMRREP2832 Category Life Science
Healthcare
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3Superlative Innovation To Prepare The Growth
Matrix Of The Sleep Aids Market
- A sizeable patient pool has been opting for
various alternative therapies for sleep
management, including nonprescription drugs,
prescription drugs, and sleep aid devices.
Widespread availability and launch of sleep aid
products to treat sleep disorders are the factors
for commercial success of the sleep aids market.
A new study of Persistence Market Research (PMR)
suggests that global sleep aids market revenues
exceeded US 23 Bn in 2018 and will exhibit a
promising CAGR during the forecast period (2019
2029). - As per the recent report of National Healthy
Sleep Awareness Project, increasing pervasiveness
of obstructive sleep apnea affected 25 million
adults in the U.S. alone. Nearly 69 of analyzed
obstructive sleep apnea patients were utilizing
continuous positive aviation route pressure
(CPAP)/AutoPAP machine and 23 were utilizing
Bilevel PAP machine.
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4Want to Explore the Report Inclusions?
The key players of the sleep aids market are
focusing on product development and launches to
increase their growth prospects. Increasing
investment for RD of products to fulfill demands
from targeted patient population is the key
strategy of sleep aid market players. Giants in
the sleep aids market are focusing to enhance
geographical reach for existing and new
products. On January 8, 2019, Oventus Medical
Ltd. introduced its nylon-made O2Vent Optima
sleep aids device for the treatment of sleep
apnea in Australia. Optima sleep aids device is
an altered 3D-printed nylon oral apparatus that
advances the jaw forward to open the aviation
route and improves the viability of oral machine
treatment. The global sleep aids market is
segmented in detail to cover every aspect of the
market and present a complete market intelligence
approach to the reader. The study provides
compelling insights on sleep aids market on basis
of product type (drugs, devices, others),
indication (insomnia, sleep deprivation,
narcolepsy, sleep apnea, others) and distribution
channel (hospital pharmacies, retail pharmacies,
e-commerce, drug stores, others) across five
major regions.
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