Sleep Disorder Market is projected to grow substantially between 2023-2032 owing to the increasing global incidences of sleep disorders such as narcolepsy, restless legs syndrome, insomnia, and sleep apnea. These disorders are impacting every aspect of life, including safety, thinking, mental health, school, work performance, weight, and the development of diabetes and heart disease. According to credible reports, approximately 70 million people suffer from sleep disorders in the United States.
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Furthermore, the industry is likely to demonstrate a positive trajectory owing to the availability of insurance coverage for treating sleep apnea and other sleep disorders. The costs covered by health insurance have encouraged people to address and treat such conditions effectively, thereby positively surging product demand across the globe.
Overall, the sleep disorder industry is segmented in terms of disorder, product, end-use, and region.
Based on disorder, the restless legs syndrome (RLS) segment is anticipated to exhibit over 12% CAGR through 2032. The increasing prevalence of restless legs syndrome, along with constant technological advancements, will positively influence the segmental expansion. As per reports, sleep disorder affects 5-10% of American adults and 2%-4% of children in the country.
By product, the diagnostics segment will depict considerable growth owing to the numerous advantages offered by diagnostic devices, such as precise disease diagnosis and assessment of treatment efficacy. Moreover, these devices are small, easy to use, and comprise a combined thermistor, nasal pressure transducer signals, a finger pulse oximeter, etc., which is anticipated to spur their adoption in the future.
In terms of end-use, sleep laboratories & hospitals will be in huge demand over the coming years. Increasing preference for sleep laboratories & hospitals for quality sleep disorders treatment and affordability will positively influence the segment growth. Besides, the high-quality services and increasing number of sleep disorder treatment procedures at sleep laboratories & hospitals are projected to boost the market growth.
In terms of the regional context, the Asia Pacific sleep disorder market is estimated to exhibit over 13.5% CAGR through 2032. The influx of venture capital, rising utilization of sleep disorder devices, and encouraging government initiatives are key factors driving the demand for sleep disorder treatment across the region, especially in countries such as China and India.
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Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Industry coverage
1.2 Market scope & definitions
1.3 Base estimates & working
1.3.1 Data collection
1.4 Forecast parameters
1.5 COVID-19 impact analysis at global level
1.6 Data validation
1.7 Data sources
1.7.1 Primary
1.7.2 Secondary
1.7.2.1 Paid sources
1.7.2.2 Unpaid sources
Chapter 2 Executive Summary
2.1 Sleep disorder industry 3600 synopsis, 2018 - 2032
2.1.1 Business trends
2.1.2 Disorder type trends
2.1.3 Product trends
2.1.4 End-use trends
2.1.5 Regional trends
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Lack of good sleep is also a major cause of many health problems.
Therefore, take any problem related to sleep seriously, otherwise you may suffer from many problems.According to research, more than 90 percent of Indians do not get enough sleep in their current lifestyle.
Despite this, only 2 percent of people consult a doctor for less sleep problems.
People often go to the doctor when they become victims of insomnia disease.
According to research, the increasing size of the stomach is also related to irregular sleep.Good sleep tips Make it a habit to sleep at a fixed time in the night.
Drinking honey mixed with cold milk before bed improves sleep.
At Etobicoke Brampton Sleep Clinic we offer an initial consultation and evaluation (if needed) to determine the best method of diagnosing and treating your sleep disorder.
New York, NY 04 Mar 2021: The sleep disorder market size is anticipated to reach over USD 2.61 billion by 2026 according to a new research published by Polaris Market Research.
In 2017, the sleep apnea devices dominated the global market, in terms of revenue.
The treatment for include medication, better sleeping habits, and devices.
Medicines such as, Hetlioz (tasimelteon) by Vanda Pharmaceuticals, Intermezzo (zolpidem tartrate sublingual tablet) by Transcept Pharmaceuticals, and Silenor (doxepin) by Somaxon Pharma are some of the FDA approved drugs that are observed to be beneficial during the treatment of sleep disorders.
Request For Sample Copy @ https://www.polarismarketresearch.com/industry-analysis/sleep-disorder-market/request-for-sample The industry is segmented on the basis of disorder type, device, treatment, and geography.
Based on disorder type, the market is bifurcated into sleep apnea, sleep breathing disorders, insomnia, hypersomnia, circadian rhythm disorders, parasomnia, and sleep movement disorders.
