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.
Lithium Ion Battery Materials Market is valued at USD 10.75 Billion in 2018 and expected to reach USD 16.14 Billion by 2025
Lithium Ion Battery Materials Market is valued at USD 10.75 Billion in 2018 and expected to reach USD 16.14 Billion by 2025 with a CAGR of 15.1% over the forecast period. Increasing demand of consumer electronics and portable devices is one of the key growth driving factor for the Global Lithium Ion Battery Materials Market A lithium-ion battery is a type of rechargeable battery in which lithium ions move from the negative electrode to the positive electrode during discharge and back when charging. It uses an intercalated lithium compound as one electrode material, compared to the metallic lithium in a non-rechargeable lithium battery. It is commonly used as rechargeable batteries for portable electronics, due to its high energy density, tiny memory effect and low self-discharge. It has major applications in military, battery electric vehicle and aerospace sectors. The main component that is used commonly in these batteries is lithium cobalt oxide which offe
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