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Insomnia Market Global Size, Trends, Forecast Analysis, 2018-2024


The global Insomnia market is estimated to register significant CAGR between 2018 and 2024. The report included a detailed competitive scenario and portfolio of leading vendors operating in Insomnia market all across the world. Insomnia is sleep disorder and due to this people face problems like staying asleep or falling asleep. Insomnia is caused by medical and psychiatric conditions like unhealthy lifestyle, unhealthy diet, genetic problems, Gastrointestinal problems, Arthritis, Asthma, Neurological disorders, chronic pain, etc. Insomnia is classified as acute insomnia & chronic insomnia and this classification is based upon its duration. Rising geriatric population and changing human lifestyle are key drivers for Insomnia market. According to National Institutes of Health, globally 30% population is suffering from sleep disorder. Moreover, the market is driven by technological development and increasing investment in research and development. Thus, global Insomnia market is expected to grow at significant growth rate in forecast period. However, strict FDA rules and regulations and low awareness rate in number of countries are affecting the market growth of Insomnia market. Nonetheless, untapped market and new product launches are expected to generate new opportunities in this market.

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