Global Insomnia
Market Report
2024
The global insomnia market size is USD 5.7 billion in 2024. The insomnia market will show strongest growth with a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031. The rise in mental depression and other painful illnesses, together with the prevalence of various sleep disorders including insomnia and parasomnias, are the main factors driving the growth of the worldwide insomnia market.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global insomnia market size is USD 5.7 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Insomnia Market Sales Revenue 2020 | $ 4.4 Billion |
Global Insomnia Market Sales Revenue 2024 | $ 5.7 Billion |
Global Insomnia Market Sales Revenue 2030 | $ 6.21 Billion |
Global Insomnia Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Market Split by Treatment Type |
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Market Split by Sales Channel |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Insomnia Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A sleep problem called insomnia can deplete a person's energy and have an impact on their mood, general well-being, productivity at work, and general quality of life. Stress, extended travel, busy work schedules, irregular sleep patterns, binge eating, and excessive use of alcohol, caffeine, and nicotine are among its frequent causes. It may also be linked to mental health conditions like post-traumatic stress disorder and the use of over-the-counter (OTC) medications for pain, allergies, and colds as well as antidepressants for blood pressure and asthma. Factors supporting the growth of the insomnia therapeutics market include increasing stress levels, patentable compounds in the market, potential medications in the clinical pipeline, the introduction of technologically improved medical devices, and an aging population.
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May 2023: Researchers found that sleep medications, which are commonly used to treat insomnia or trouble falling and staying asleep, dramatically lower rapid eye movement (REM) sleep behavior disorder. Furthermore, these medications—often referred to as dual orexin receptor antagonists—would have fewer adverse effects, according to the study's findings. (Source: https://www.mountsinai.org/about/newsroom/2023/mount-sinai-researchers-identify-potential-new-treatment-for-those-who-act-out-their-dreams-while-sleeping )
Top Companies Market Share in Insomnia Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. It is expected that the market growth rate will soar due to the growing need for sleep disorder treatment in both the US & Canada, as well as the increased prevalence of sleep disorders. In addition, the influence of depression, obesity, hypertension, cancer, and numerous other diseases that are increasingly common in this area is also contributing to the growth in sleep-related disorders. Additionally, the region's well-established healthcare system and greater rate of work-related stress are probably going to fuel market expansion.
Asia-Pacific stands out as the fastest-growing region in the insomnia market. The region's market expansion could be attributed in large part to the working population's elevated stress levels and sleep difficulties associated with shift work. The region's governments are constantly striving to enhance their healthcare programs and offer favorable reimbursement guidelines, which could have an effect on the market for insomnia in the area. The need for medical facilities and sleep aids is expected to rise in developing nations like China & India over the next few years.
The current report Scope analyzes Insomnia Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Insomnia Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Insomnia Industry growth. Insomnia market has been segmented with the help of its Treatment Type, Sales Channel , and others. Insomnia market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Insomnia market.
Treatment Type of Insomnia analyzed in this report are as follows:
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According to cognitive market research, hospitals pharmacies are the dominant category. This substantial portion is mostly due to people becoming more conscious of their sleeplessness. The rise in the use of prescription medications is largely driving the growth of the segment. Because many different disorders and variables can cause insomnia, it must be addressed under the guidance of a medical practitioner. For this ailment, the medication must be given at a precise frequency and time. As a result, most medications for this illness can only be obtained with a prescription from a physician. Hospital pharmacies, as a result, guarantee the high availability of these medications, helping the segment's revenue growth.
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Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Insomnia Market is witnessing significant growth in the near future.
In 2023, the Benzodiazepines segment accounted for noticeable share of global Insomnia Market and is projected to experience significant growth in the near future.
The Hospital Pharmacies segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies MINERVA NEUROSCIENCES INC , EISAI and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Treatment Type | Benzodiazepines, Nonbenzodiazepines, Antidepressants, Orexin Antagonist, Melatonin Antagonist, Devices, Others |
Sales Channel | Hospital Pharmacies, Retail Pharmacies and Drug Stores, Online Pharmacies |
List of Competitors | MINERVA NEUROSCIENCES INC, Sanofi, EISAI, CO. LTD, VIATRIS INC, Vanda Pharmaceuticals Inc., Takeda Pharmaceutical Company Ltd, Merck KGAa, Darmstadt Germany, Zydus Cadila, Pfizer Inc., CURRAX PHARMACEUTICALS LLC, Others |
This chapter will help you gain GLOBAL Market Analysis of Insomnia. Further deep in this chapter, you will be able to review Global Insomnia Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Treatment Type Analysis 2019 -2031, will provide market size split by Treatment Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Treatment Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Sales Channel Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Insomnia market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Benzodiazepines have a significant impact on Insomnia market? |
What are the key factors affecting the Benzodiazepines and Nonbenzodiazepines of Insomnia Market? |
What is the CAGR/Growth Rate of Hospital Pharmacies during the forecast period? |
By type, which segment accounted for largest share of the global Insomnia Market? |
Which region is expected to dominate the global Insomnia Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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