Global Sleep Aids Market - Share, Analysis, Trends and Size to 2014 to 2020

Global Sleep Aids Market - North America has the largest market

2014 to 2020

Persistence Market Research

Global Sleep Aids Market is expected to

grow at a CAGR of 5.7% to account for

US$80.8 Bn by 2020 - Persistence Market

Research

Persistence Market Research

1

Global Sleep Aids Market - North America has the largest market

2014 to 2020

Persistence Market Research Released New Market Report “Global Market Study on

Sleep Aids: Sleep Apnea to Witness Highest Growth by 2020”, the global sleep aids

market was valued at US$ 58.1 Bn in 2014 and is expected to expand at a CAGR of 5.7% to

account for US$80.8 Bn by 2020.

Sleep aids are drugs and medical devices that help a person to fall asleep. Lack of quality

sleep leads to a medical condition known as a sleep disorder. Sleep disorder occurs due to

changes in sleeping pattern of a person which can be caused by physical disturbances,

medical issues, psychiatric problems, and environmental issues.

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Globally, the sleep aids market is witnessing significant growth due to rising incidence of

sleep disorders due to growing geriatric population, increasing demand for sleeping pills due

to stressful modern lifestyle and rising initiatives by various health organizations to increase

awareness about sleep disorders. However, factors such as side effects associated with

sleep aids medications and patent expiration of major sleep drugs are key restraints for the

growth of the global sleep aids market. The global sleep aids market was valued at US$ 58.1

Bn in 2014 and expected to account for US$ 80.8 Bn by 2020 at a CAGR of 5.7%.

North America has the largest market for the global Sleep Aids market. This is due to

technological advancements in the region. The North American sleep aids market was

valued at US$ 31.9 Bn in 2014 and is expected to account for US$ 44.5 Bn by 2020 at a

CAGR of 5.7%. In terms of sleep disorders, sleep apnea is the fastest...