{"id":12219,"date":"2021-04-26T11:14:16","date_gmt":"2021-04-26T09:14:16","guid":{"rendered":"https:\/\/disturbmenot.co\/?p=12219"},"modified":"2021-04-24T08:29:25","modified_gmt":"2021-04-24T06:29:25","slug":"global-insomnia-market-projected-at-3-7-billion-by-2027","status":"publish","type":"post","link":"https:\/\/disturbmenot.co\/global-insomnia-market-projected-at-3-7-billion-by-2027\/","title":{"rendered":"Global Insomnia Market Projected at $3.7 Billion by 2027"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The unrelenting rampage of the \u201ccoronavirus\u201d on humanity took many lives and our peace of mind along with it. The stress and uncertainty surrounding COVID-19 created a massive worldwide <\/span><span style=\"font-weight: 400;\">coronasomnia<\/span><span style=\"font-weight: 400;\"> (sleeplessness).<\/span><\/p>\n<p><span style=\"font-weight: 400;\">What\u2019s worse, some survivors turn into insomniacs, which is one of the infection\u2019s <\/span><span style=\"font-weight: 400;\">lasting side effects<\/span><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.prnewswire.com\/news-releases\/the-worldwide-insomnia-drugs-industry-is-expected-to-reach-3-7-billion-by-2027--301263197.html\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">PR Newswire<\/span><\/a><span style=\"font-weight: 400;\"> experts revised their projections for the global value of drugs related to insomnia under these conditions. From the estimated<\/span><b> $2.8 billion for 2020<\/b><span style=\"font-weight: 400;\">, new projections now point to<\/span><b> a whopping $3.7 billion in value by 2027<\/b><span style=\"font-weight: 400;\">; a considerable increase to be sure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Grand View Research is projecting a market worth of<\/span> <a href=\"https:\/\/www.grandviewresearch.com\/press-release\/global-insomnia-therapeutics-market\" target=\"_blank\" rel=\"noopener\"><b>$3.45 billion<\/b><\/a><b> by 2025. <\/b><span style=\"font-weight: 400;\">Both of these projections are a consequence of the following factors:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Pandemic and COVID-19-induced sleep problems<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Economic crisis<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Increase in the geriatric population<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bigger awareness regarding insomnia<\/span><b>\u00a0<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Given the increase in <\/span><span style=\"font-weight: 400;\">insomnia<\/span><span style=\"font-weight: 400;\"> diagnosis, the new estimations highlight an increase in prescription pills and the total market value, which is expected to reach <\/span><b>$2.9 billion<\/b> <b>by 2027<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the moment, the most popular sleep-inducing drugs include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Benzodiazepines<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Nonbenzodiazepines<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Antidepressants<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Orexin antagonist<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">That said, orexin antagonist drugs will be getting a \u201cboost\u201d from <\/span><a href=\"https:\/\/disturbmenot.co\/new-insomnia-drug-pends-fda-approval\/\"><span style=\"font-weight: 400;\">Daridorexant <\/span><\/a><span style=\"font-weight: 400;\">\u2014 a new promising drug awaiting FDA approval.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As for popular OTC treatments, <\/span><a href=\"https:\/\/disturbmenot.co\/best-melatonin-supplement\/\"><span style=\"font-weight: 400;\">melatonin supplements<\/span><\/a><span style=\"font-weight: 400;\"> are expected to generate $1.5 billion in revenue this year.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For now, <\/span><b>the North America region <\/b><span style=\"font-weight: 400;\">holds the biggest share of the global market and will most likely stay on top, until 2027 at least. In 2010, the US had an outstanding <\/span><a href=\"https:\/\/www.statista.com\/statistics\/304141\/sleep-aid-market-worldwide-by-region\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">65.3%<\/span><\/a><span style=\"font-weight: 400;\"> share of the world\u2019s sleep aid market. Today the <\/span><b>US insomnia market is estimated at $765.1 million<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By 2027, the global<\/span> <span style=\"font-weight: 400;\">leaders in their respective regions are expected to be the US, Germany, Japan, Brazil, and South Africa.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The unrelenting rampage of the \u201ccoronavirus\u201d on humanity took many lives and our peace of mind along with it. The stress and uncertainty surrounding COVID-19 created a massive worldwide coronasomnia (sleeplessness). What\u2019s worse, some survivors turn into insomniacs, which is one of the infection\u2019s lasting side effects.\u00a0 PR Newswire experts revised their projections for the [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":12221,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[84],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/disturbmenot.co\/wp-json\/wp\/v2\/posts\/12219"}],"collection":[{"href":"https:\/\/disturbmenot.co\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/disturbmenot.co\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/disturbmenot.co\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/disturbmenot.co\/wp-json\/wp\/v2\/comments?post=12219"}],"version-history":[{"count":0,"href":"https:\/\/disturbmenot.co\/wp-json\/wp\/v2\/posts\/12219\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/disturbmenot.co\/wp-json\/wp\/v2\/media\/12221"}],"wp:attachment":[{"href":"https:\/\/disturbmenot.co\/wp-json\/wp\/v2\/media?parent=12219"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/disturbmenot.co\/wp-json\/wp\/v2\/categories?post=12219"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/disturbmenot.co\/wp-json\/wp\/v2\/tags?post=12219"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}