In recent years, the sleep industry has witnessed a remarkable surge, giving rise to what is now known as the sleep economy. As people become increasingly aware of the importance of a good night’s sleep, the demand for sleep aids and related products has skyrocketed. This burgeoning market offers a wide range of solutions to help individuals achieve better sleep, from innovative technologies to traditional remedies. Let’s delve into the overview, drivers, restraints, and some statistics from government organizations that shed light on this thriving industry.

The sleep economy encompasses various sectors, including sleep aids, sleep technology, sleep clinics, and sleep-related services. Sleep aids, such as over-the-counter medications, herbal supplements, and sleep-inducing devices, have become increasingly popular among individuals struggling with sleep disorders or seeking to improve their sleep quality. Additionally, the advent of sleep technology, such as smart mattresses, sleep trackers, and wearable devices, has revolutionized the way people monitor and optimize their sleep patterns.

The global sleep economy or sleep aids market size was USD 512.80 Billion in 2022 and is expected to register a revenue CAGR of 6.3% during the forecast period, according to latest analysis by Emergen Research. Several factors contribute to the rapid growth of the sleep economy. Firstly, the increasing prevalence of sleep disorders, such as insomnia, sleep apnea, and restless leg syndrome, has propelled the demand for sleep aids. According to the Centers for Disease Control and Prevention (CDC), approximately 50-70 million adults in the United States suffer from sleep disorders, highlighting the vast market potential for sleep-related products and services.

Moreover, the growing awareness of the detrimental effects of sleep deprivation on overall health and well-being has prompted individuals to seek effective solutions. Sleep aids offer a convenient and accessible means to address sleep-related issues, providing relief from insomnia symptoms and promoting restful sleep. As a result, the sleep economy has witnessed a surge in demand, with consumers actively seeking products that can enhance their sleep quality.

However, despite the promising growth prospects, the sleep economy faces certain restraints. One significant challenge is the lack of regulation and standardization in the sleep aids market. With numerous products flooding the market, consumers often find it challenging to navigate through the vast array of options and identify reliable and effective sleep aids. This lack of regulation not only poses potential health risks but also hampers the growth of the industry.

To address these concerns, government organizations have taken steps to monitor and regulate the sleep economy. For instance, the Food and Drug Administration (FDA) in the United States has implemented guidelines for the safety and efficacy of sleep aids, ensuring that manufacturers adhere to stringent quality standards. Additionally, the National Institutes of Health (NIH) has been actively funding research to better understand sleep disorders and develop innovative solutions.

The latest Sleep Economy or Sleep Aids Market study, blends in qualitative and quantitative research techniques to present vital data on the competitive landscape for the period of 2021 –  2032   .The report is furnished with the latest updates about the current Sleep Economy or Sleep Aids Market scenario with regards to the COVID-19 pandemic. The report considers COVID-19 as a key contributor to the dynamically altered market scenario. The report also covers changing trends and market dynamics due to the pandemic and provides an accurate impact analis of the crisis on the overall market.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the high acuity information solutions market. Also, to arrive at an accurate and unbiased market forecast, data collected from secondary research sources have been analyzed and validated through primaries.

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Additionally, researchers have closely examined the significant changes in the market following the coronavirus outbreak. This is the latest report examining the economic situation of the Sleep Economy or Sleep Aids industry after the current pandemic. The COVID-19 pandemic has significantly changed various aspects of the global Sleep Economy or Sleep Aids market scenario. The latest report provides a comprehensive COVID-19 impact analysis of the market, helping readers to know about the significant impact of the outbreak on the current and future scenarios of this business.

Key  Sleep Economy or Sleep Aids Market participants include  GlaxoSmithKline Plc., Merck KGaA,, Inc., Idorsia Pharmaceuticals Ltd., Koninklijke Philips N.V., SlimScience, BAYER AG, THE SLEEP COMPANY, Eisai Co., Ltd, and ResMed

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the high acuity information solutions market. Also, to arrive at an accurate and unbiased market forecast, data collected from secondary research sources have been analyzed and validated through primaries.

Key inclusions of the  Sleep Economy or Sleep Aids Market report:

COVID-19 effects on growth figures.

Statistical analysis pertaining to market size, sales volume, and overall industry revenue.

Organized mentions of major market trends.

Growth opportunities.

Figures showcasing market growth rate.

Advantages and disadvantages of direct and indirect sales channels.

Insights regarding traders, distributors, and dealers present in the industry.

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Segments Covered in this report are:

  • Product Type Outlook (Revenue, USD Billion; 2019-2032)

    • Sleep Products
      1. Mattresses and Bedding
      2. Pillows and Cushions
      3. Sleepwear and Pajamas
      4. Blankets and Comforters
      5. Sleep Accessories
    • Sleep Medications and Supplements
      • Prescription-based Drugs
        1. Benzodiazepines
        2. Non-benzodiazepines (e.g., Zolpidem, Eszopiclone)
        3. Orexin Receptor Antagonists (e.g., Suvorexant)
      • OTC Drugs
      • Herbal Drugs
    • Sleep Technology
      • Sleep Trackers and Wearables
      • Sleep Sound Machines
      • Light Therapy Devices
      • Sleep Apnea Devices
        1. Positive Airway Pressure (PAP) Devices
        2. Facial Interfaces
        3. Oral Appliances
        4. Adaptive Servo-Ventilators (ASVs)
        5. Others
    • Sleep Services
      1. Sleep Clinics and Diagnostic Centers
      2. Sleep Coaching and Therapy
      3. Sleep Retreats and Wellness Programs
      4. Sleep Consultations & Telemedicine
  • Sleep Disorder Outlook (Revenue, USD Billion; 2019-2032)

    • Insomnia
    • Sleep Apnea
    • Restless Legs Syndrome
    • Narcolepsy
    • Parasomnia
    • Others
  • Distribution Channel Outlook (Revenue, USD Billion; 2019-2032)

    • Retail Pharmacies
    • Online Platforms
    • Supermarkets and Hypermarkets
    • Convenience Stores

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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States




Southeast Asia


We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

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Some of the key questions answered in this report:

What is the size of the overall  Sleep Economy or Sleep Aids Market and its segments?

What are the key segments and sub-segments in the market?

What are the key drivers, restraints, opportunities and challenges of the  Sleep Economy or Sleep Aids Market and how they are expected to impact the market?

What are the attractive investment opportunities within the  Sleep Economy or Sleep Aids Market ?

What is the  Sleep Economy or Sleep Aids Market size at the regional and country-level?

Who are the key market players and their key competitors?

What are the strategies for growth adopted by the key players in Sleep Economy or Sleep Aids Market ?

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