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According to a recently published research report by Future Market Insights (FMI), the global sleep aid devices market is projected to be valued at US$ 29,200 Mn by the end of 2026. Increasing stress levels and rise in the sleeping disorders such as sleep deprivation, narcolepsy, restless legs syndrome, sleep apnea, and insomnia have necessitated the need for medical intervention. Among the various options available to healthcare providers and patients, the adoption of sleep aid devices has grown steadily.<br><br>
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Sleep Aid Devices Market to be valued at US$ 29,200 Mn by 2026 Healthcare, Pharmaceuticals & Medical Devices February 2019 Report Id : REP-GB-8956 Status : Publish Category : Healthcare, Pharmaceuticals & Medical Devices ©2015 Future Market Insights, All Rights Reserved
About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitiveframework,and future markettrends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing– the perfect solutionfor our client. Research Capabilities Sector Coverage Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Social Media Research ©2015 Future Market Insights, All Rights Reserved 2
Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 PMR formulates a detailed discussion guide to conduct expert and industry interviews Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 PMR conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications# Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 PMR delivers industry insights and information in the required format (PDF) Insights # includes sources of databases ©2015 Future Market Insights, All Rights Reserved 3
Sleep Aid Devices Market Analysis According to a recently published research report by Future Market Insights (FMI), the global sleep aid devices market is projected to be valued at US$ 29,200 Mn by the end of 2026. Increasing stress levels and rise in the sleeping disorders such as sleep deprivation, narcolepsy, restless legs syndrome, sleep apnea, and insomnia have necessitated the need for medical intervention. Among the various options available to healthcare providers and patients, the adoption of sleep aid devices has grown steadily. Multiple government & non-government societies such as ASAA (American Sleep Apnea Association) and Circadian Sleep Disorder Networks have underpinned the growth of the sleep aid devices market by organizing various sleep cognizance programs pertaining to the importance of sound sleep. As a result, there has been a significant rise in the demand for sleep aid devices for the treatment of sleep-related disorders. Disposable income in the developing economies has been constantly increasing, which has upgraded the lifestyle of people. A sheer demand for advanced and secured sleep aid devices has been witnessed in these markets, on the back of enhanced spending capacity of the consumers. These factors have offered a lucrative growth opportunity to the manufacturers of these devices and as a result, the global sleep aid devices market is predicted to clock an impressive CAGR of over 4% by the end of 2026. A @ https://www.futuremarketinsights.com/reports/sample/rep-gb-8956 Sample Of This Report Is Available Upon Request ©2015 Future Market Insights, All Rights Reserved 4
Sleep Aid Devices Market Analysis Proclivity for Smoke and Alcohol Drives the Sales of Sleep Aid Devices at the Global Level Increasing geriatric population and sleep disorders associated in this demography have created a robust demand for the sleep aid devices. Furthermore, a rise in the sedentary lifestyle and the comorbidities such as heart disease, obesity, stroke, type 2 diabetes, and atherosclerosis have resulted in the widespread utilization of sleep aid devices. Proclivity of adults for smoking, drug abuse, and alcohol at a global level have been a driving factor for the growth of the sleep aid devices market. North America to Lead the Global Sleep Aid Devices Market, Europe Second Largest Market As per the insights extracted from the descriptive study based on the sleep aid devices market, the market of Europe and North America reigns supreme on the back of reimbursement provided by the government. Moreover, a rise in the per capita medical expenditure of the consumers hailing from these regions has alongside contributed to the growth of the global sleep aid devices market. ©2015 Future Market Insights, All Rights Reserved 5
Sleep Aid Devices Market Analysis As compared to the developed economies in North America and Europe, the sleep aid devices market in the emerging economies will witness an impressive rate of growth, on account of supportive government policies and ongoing development in the healthcare sector. Comprehensive Look at the Competitive Landscape of the Global Sleep Aid Devices Market Key information obtained from the market study includes an analytical view of the key players transforming the current sleep aid devices market scenario. This descriptive report highlights companies such as ResMed Inc., Sleep Number Corporation, Koninklijke Philips N.V., Responsive Surface Technology LLC, Simmons Bedding Company LLC, Eight Sleep Inc., Electromedical Products International, Inc., Ebb Therapeutics, Sleepace Inc., Kingsdown, Inc., Drive DeVilbiss Healthcare LLC, SleepMed Inc., Cadwell Laboratories Inc., Teva Pharmaceutical Industries Ltd., Drive Medical Ltd., and RESPeRATE. Key companies such as Tempur Sealy International, Simmons Bedding Company LLC, Sleep Number Corporation, Dreams, ResMed, and Koninklijke Philips N.V. procure a major share in the sleep aid devices market. Aforementioned manufacturers are endeavoring into developing new products for diversifying their portfolio in the sleep aid devices market. Key manufacturers of sleep aid devices market are collaborating with retailers, distributors, and local wholesalers, in order to expand their operations ©2015 Future Market Insights, All Rights Reserved 6
Sleep Aid Devices Market Analysis Read @ https://www.futuremarketinsights.com/askus/rep-gb-8956 Comprehensive Overview with Methodology of Report Domestic companies are competing depending on their channel management and pricing of the sleep aid devices. On the other hand, key players in the sleep aid devices market are concentrating their efforts on devising effective marketing strategies in order to increase the penetration of their products. Click here to Order a free sample ©2015 Future Market Insights, All Rights Reserved 7
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