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Europe Sleep Aids Market to reach USD 16.93 billion by 2021

 



(Medical-NewsWire.com, April 19, 2018 ) Estimates of the prevalence of insomnia depend upon the criteria used to define insomnia and also depends on the populace studied. A general consensus has evolved from populace-based research that about 30% of the sample drawn from exceptional nations document one or extra of the signs of insomnia: difficulty beginning sleep, issue retaining sleep, waking up too early, and in some instances, a nonrestorative or terrible fine of sleep.

Conclusions from the NIH State-of-the-Science Conference convention held in June 2015 suggest that the addition of a diagnostic requirement that consists of perceived daytime impairment or distress as a function of the insomnia signs consequences in about 10% prevalence of insomnia. Finally, the utility of more stringent diagnostic criteria, which includes the Diagnostic and Statistical guide of intellectual disorders, Fourth edition (DSM-IV), which incorporates the extra requirements that insomnia signs persist for at the least 1 month and do no longer solely occur in the presence of every other sleep problem, mental disease, or the direct physiological results of a substance or medical circumstance, yields current occurrence estimates of approximately 6%.

Age and gender are the genuinely identified demographic chance factors, with an accelerated occurrence in women and older adults. At the same time as the purpose of this expanded danger in the elderly isn't always fully described, it may be because of the partial decline within the functionality of sleep control structures which can make contributions to insomnia on this older population. Importantly, the presence of comorbid medical issues is also an enormous contributor to the improved incidence of insomnia within the aged. Additionally, in women, insomnia is more general with both the onset of menses and menopause.

The most commonplace comorbidities associated with insomnia are psychiatric problems. It is envisioned that 41% of all insomnia patients have a coexisting psychiatric circumstance. Among these psychiatric disorders, depression is the most common and insomnia is a diagnostic symptom of depressive and anxiety issues. This encounters the use of sleep aids to combat insomnia.

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Key trends and restrains

One of the important factors contributing to the boost of the sleep aids market is the growing number of insomnia cases. Centers for Disease Control and Prevention (CDC), in 2016, round 78 million adults suffered from insomnia within the overall Europe, within men reporting a higher rate of insomnia cases. Moreover, increasing geriatric populace, changing life-style with the increase in consumption of alcohol, caffeine, and smoking, are some other factors causing sleeping issues. For example, caffeine blocks the effectiveness of adenosine, a chemical that helps to bring forth drowsiness and to regulate the sleep-wake cycles. Furthermore, facet effects associated with sleep aids medicine encompass dizziness, dry mouth, headache, stomach ache, and constipation, which hinder the increase of the marketplace.

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Demographically

Europe is geographically segmented into UK, France, Germany, Spain, Russia and others. The overall market is to witness a growth of CAGR of 6.5% and a forecasted market value of USD 16.93 billion by 2021

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The major companies dominating the Europe Sleep Aids 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.

The scope of the report provides:

· The evaluation of the current market for your product or services and the future implications of the market

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· Extensive segmentation to understand the dynamics of market at a very granular level by splitting down the market to the smallest segment

· Addresses the key market dynamics involving the drivers, restraints and challenges with an aim of providing insights for gaining market share

· The factors responsible for the shaping of the industry as it is as a result of competitive environment is analyzed through Porter’s Five Forces

· The effects of political, economic, social, technological, legal and environmental factors on the industry is analyzed through PESTLE analysis to better understand the aspects of strategic management required to comply with the exogenous and endogenous factors

· Strategic evaluation of the key players to gain insights of their performance allowing access to their product portfolio, financial performance and the strengths of their business strategic developments

· Comparative study of the firms across the industry measuring their performances based on market share and recent activities in order to achieve competitive intelligence

· Equip you with the information providing with the investment opportunities in the industry

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Abhishek Shukla

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abhishek@marketdataforecast.com

Source: EmailWire.Com

Source: EmailWire.com


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