Europe Sleep Aids market

Europe Sleep Aids market is expected to reach USD 19.14 Billion by 2023.
Overview:
Sleep is a biological requirement that maintains metabolic homeostasis, influences memory and
other cognitive functions, and regulates immune function. Sleep devices are medications and
medical devices used to diagnose and treat various sleep disorders, such as sleep apnea and
insomnia. Lack of quality sleep causes sleep disturbances caused by medical problems, physical
problems, environmental problems and psychiatric disorders. These sleep disorders are
expected to be harmful to human health and cause a series of chronic diseases, such as
hypertension, diabetes, arthritis and stroke. Therefore, it is important to treat and diagnose
these disorders at an early stage.
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In the year 2018, the Europe Sleep Aids market was valued at USD 13.97 Billion, by the year
2023 it is expected to reach USD 19.14 Billion with 6.32 % CAGR.
Drivers and Restraints:
Rise in aging population, change in lifestyles, increasing prevalence of chronic diseases,
increasing government support, growing demand for sleeping pills, rising awareness about
sleeping pills, improving health facilities. However side effects associated with sleeping aids
medication and patent expiration of treatment pills for sleep disorders.
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Geographic Segmentation
On the basis of geographical analysis, the Europe Sleep Aids market is segmented under various
countries namely U.K, Spain, Germany, Italy and France. On the basis of medication type,
prescription medications hold the largest share in the Europe Sleep Aids market .
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Major companies in the market are Sanofi, GlaxoSmithKline Plc, Cadwell, Merck & Co., Pfizer,
Koninklijke Philips N.V. (Philips), Pfizer, SleepMed, DeVilbiss Healthcare LLC, Care Fusion
Corporation, Natus Medical manufactures.
Scope of the report:
The report offers a comprehensive analysis of the industry by providing the estimations of
market potential and forecasts with utmost granularity. Along this, the factors influential in
effecting the market dynamics and trends are discussed in detail at the product level. Further,
the performance of the market at the regional and country-level is assessed and the prospects
with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance,
market position and growth strategies. Comparative analysis on prime strategically activities of
the market players delineating the key developments like mergers & acquisitions,
collaborations and an evaluation of the competitive environment within the industry are
provided. The report also offers a broad outlook of the market along with recommendations
from industry experts on the opportunities for investment activity.
What else? Apart from the syndicated report, our in-house team has an expertise and
experience in designing custom reports to meet your specific research needs and assist you in
making well-informed decisions.
Contact Info:
Name: Mr. Abhishek Shukla
Email: [email protected]
Organization: MarketDataForecast™
Address: 2nd Floor, Lakeview Plaza, Kavuri Hills, Hyderabad, Telangana 500033, India.
Phone: +1-888-702-9626

Europe Sleep Apnea Devices Market By Product (Therapeutic Devices, Diagnostic Devices), By End User (Home Care Settings, Sleep Laboratories And Hospitals)