The global market for sleep aids totaled $54.9 billion in 2013, according to ReportLinker’s Sleep Aids: Technologies and Global Markets report. The sleep aids market is estimated to grow at a compound annual growth rate (CAGR) of 5.6% to reach $58.5 billion in 2014 and $76.7 billion by 2019.
The report also says that:
- The global market for mattresses and pillows is expected to increase from $29.7 billion in 2014 to $34.1 billion in 2019, a CAGR of 2.8% from 2014 to 2019.
- The global market for sleep apnea devices is expected to increase from $13.8 billion in 2014 to $23.6 billion in 2019, a CAGR of 11.3% from 2014 to 2019.
The report discusses products, trends, new developments, and compensation issues that are currently affecting or are likely to affect the market soon. Analyses are provided for each of the key companies in the major and minor market segments. The sleep aids and diagnostic centers discussed in this report include:
- Herbal remedies
- Sleep laboratories
- Sleep apnea devices
- Mattresses and pillows
All markets are further broken down into specific types of products that are discussed in detail, measuring current and potential market size, identifying current and potential market drivers, detailing from 2013, 2014, and 2019, and assessing the competitors in the market and their shares in respective markets.