Advanced Technologies and Rising Incidence of Sleep Disorders Driving Demand for Sleeping Aids, Market Projected to Reach US$128 billion by 2030

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The latest version of the report from Industry Experts, Inc., on Sleeping Aids Market estimates that demand for the same is estimated at US$85.5 billion in 2024 and is likely to maintain a 2024-2030 CAGR of 6.9% in reaching a projected US$128.8 billion by 2030.

The global sleeping aids market is experiencing steady growth, driven by the rising incidence of sleep disorders such as insomnia, sleep apnea, and restless leg syndrome. Increasing awareness of the significance of quality sleep for overall well-being, along with lifestyle-related stress, anxiety, and irregular routines, has resulted in increased demand for both pharmaceutical and non-pharmaceutical sleep solutions. The growing aging population and rising obesity rates, which both contribute to chronic sleep issues, further enhance the market’s progress.

The mattresses & pillows segment dominates the sleeping aids market in 2024, accounting for 42.7% of the market share, owing to their essential role in delivering comfort and improving sleep quality. These products are widely appealing because they are affordable, accessible, and have a long lifespan. The growth of this segment continues as health awareness rises, lifestyles change, and innovations in manufacturing emerge. Companies are launching advanced, ergonomically designed products for both medical and personal comfort requirements.

The report studies the sleeping aids market across all major regions including North America (The United States, Canada, and Mexico), Europe (Germany, France, the United Kingdom, Italy, Spain, and Rest of Europe), Asia-Pacific (Japan, China, India, South Korea, and Rest of Asia-Pacific) and Rest of World.

The market for sleeping aids in this study has been analyzed according to two criteria. By product, categorization includes Mattresses & Pillows, Medications (Prescription-Based Drugs, OTC Drugs and Herbal Drugs), Sleep Apnea Devices, Sleep Laboratories and Other Products (Including Sleep Monitoring Devices, Eye Masks, White Noise Machines, Wearables, Aromatherapy & Essential Oil Diffusers, and Smart Lighting Systems). The report focuses on the market analysis by sleep disorders including Insomnia, Sleep Apnea, Restless Leg Syndrome (RLS), Narcolepsy, Sleepwalking and Other Sleep Disorders (Including Circadian Rhythm Sleep Disorders, Parasomnias, Idiopathic hypersomnia, Sleep paralysis, REM sleep disorder, Delayed sleep phase syndrome (DSPS), and Sleep bruxism).

About Industry Experts, Inc
Industry Experts, Inc., ranks among the leading market research providers globally. The company's off-the-shelf and customized business intelligence reports offer strategic insights and valuable guidance to enable various stakeholders, such as corporate strategists, analysts, researchers and startups, among others, in obtaining valuable, crisp and unbiased current and future market data. For more information, contact us on +1-320-497-3787 or visit https://industry-experts.com/

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