Assessment of the Insomnia Market
TMRR, in its recently published market research study, provides an out-an-out analysis of the current and future prospects of the Insomnia market over the forthcoming decade. The study thoroughly analyzes all-round prospects of the Insomnia market in various regional markets. In addition, the report examines the political and economic scenarios in different regions and their impact on the overall dynamics of the Insomnia market.
The study reveals that the Insomnia market is expected to reach a value of ~US$XX in 2019 and grow at a CAGR of ~XX% between 2019 and 2029. Furthermore, the study provides a thorough analysis of the quantitative and qualitative aspects of the Insomnia market across various geographies.
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Critical information that can be drawn from the Insomnia market report:
- Evaluation of the key success factors that are expected to propel the growth of the Insomnia market
- Recent technological advances and innovations relevant to the Insomnia market
- The growth potential of emerging market players in various regions
- Current and upcoming trends expected to influence the growth of the Insomnia market
- Import-export and supply-demand ratio analysis of the Insomnia
The report addresses the following queries pertaining to the Insomnia market:
- What are the different organic and inorganic growth strategies adopted by players in the Insomnia market?
- Which region is expected to dominate the Insomnia market in terms of share in the forecast period?
- How are market players reducing their environmental footprint?
- What are the latest innovations in the Insomnia market?
- What is the estimated value of the Insomnia market in 2019?
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Insomnia Market Segmentation
The report bifurcates the Insomnia market to offer a microscopic view of the various aspects of the market. The Insomnia market is segmented on the basis of region, product type, end-user, and more.
trends and opportunities available for the players to base their futuristic decisions on. The featured section on company profiles identities some of the prominent names in the market and overviews their market share, product portfolio and services provided, and recent strategic developments. The global insomnia market can be segmented on the basis of treatment into pharmacological treatments, which can be further sub-segmented into prescription sleep aids and over-the-counter sleep aids, and non-pharmacological treatments. The sub-segment of prescription sleep aids can be further divided into non-benzodiazepines, benzodiazepines, orexin antagonists, melatonin receptor antagonists, and other prescription sleep aids. Geographically, the report studies the opportunities available in the regions of North America, Europe, Asia Pacific, and Rest of the World.
Global Insomnia Market: Trends and Opportunities
The launch of new drugs and rehabilitation services is the primary driver for the market. In addition to that, government support across various countries is now quite evident for the players to invest and indulge into the research and development of new drugs and diagnosis. However, factors such as erosion in branded drugs sales and escalating adoption of generics, which are cost efficient while providing equal efficacy in comparison to branded products, are expected to hinder the growth rate of the global insomnia market during the forecast period.
Based on treatment, over-the-counter (OTC) sleep aids sub-segment currently serves the maximum demand and is expected to remain most prominent over the course of the forecast period of 2017 to 2025 due to its greater efficacy than benzodiazepine and non-benzodiazepine drugs. The OTC sleep aids can be further segmented into melatonin, antihistamines, valerian roots, and other dietary and herbal supplements.
Global Insomnia Market: Regional Outlook
Currently, North America serves the maximum demand for insomnia treat when compared to the rest of the regions across the globe, which is primarily attributed to restless lifestyle in country-wide market of the U.S. However, urban population in the region of Asia Pacific, particularly the emerging economies of India and China, are exhibiting similar trends and hence are projected to be lucrative regional markets for insomnia over the course of the forecast period. Europe is expected to remain another fruitful regional market.
Companies mentioned in this research report
The report identifies several prominent companies currently functional in the global insomnia market including Merck & Co., Inc. (U.S.), Pfizer, Inc. (U.S.), Sanofi S.A. (France), Eisai Co., Ltd. (Japan), Meda Consumer Healthcare Inc. (U.S.), Pernix Therapeutics Holdings (U.S.), Takeda Pharmaceutical Company Ltd. (Japan), and Vanda Pharmaceuticals, Inc (U.S.).
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