North America Sleep Disorder Treatment Market report is the broad market research report which studies the challenges, market structures, opportunities, driving forces, emerging trends, and competitive landscape of Healthcare industry. Moreover, the report revises general market conditions, estimates market share and possible sales volume of Healthcare industry, figure out the probable market for a new product to be launched and discover the most appropriate method for the distribution of certain product. By taking into consideration specific base year and historic year, calculations in the report have been performed which interprets the market performance in the forecast years by giving information about what the market definition, classifications, applications, and engagements are.
All the data and information collected in the winning North America Sleep Disorder Treatment Market report for research and analysis is represented in the form of graphs, charts or tables for the sensible understanding of users. The market report is a truthful source of information which offers a telescopic view of the current market trends, situations, opportunities and status. Furthermore, big sample sizes have been utilized for the data collection in this report which suits the necessities of small, medium as well as large size of businesses. This market analysis report works on all the aspects of market that are required to create the finest and top-notch North America Sleep Disorder Treatment Market research report.
North America sleep disorder treatment market is expected to reach USD 9,469.97 million by 2028, from USD 4,945.53 million in 2020, growing at the CAGR of 8.6% in the forecast period of 2021 to 2028. North America sleep disorder treatment market is expected to grow due the increased prevalence of sleep disorders such as sleep apnea, insomnia and narcolepsy across globe.
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Sleep disorder such as sleep apnea, narcolepsy or insomnia are medical disorder in which the patient has difficulty with maintenance of sleep or sleep initiation. This disorder causes irregular mental, physical, social and emotional functions. Sleep disorders are treated via different treatment options according to the symptoms of the patients. Most of the sleep apnea patients are treated via mechanical therapies. Pharmacological therapies such as antidepressants, cannabidiols, benzodiazepines and stimulants are used for the treatment of insomnia, narcolepsy and restless legs syndrome among others. The intraoral devices are also used to prevent snoring by creating airway channel in order to create room for proper gas exchange.
Some of the major players operating in the sleep disorder treatment market are Jazz Pharmaceuticals, Inc., Pfizer Inc., Viatris Inc., Arbor Pharmaceuticals, Aurobindo Pharma USA (a subsidiary of Aurobindo Pharma), sanofi-aventis U.S. LLC (a subsidiary of Sanofi), Hikma Pharmaceuticals PLC, Amneal Pharmaceuticals LLC, Lupin Pharmaceuticals, Inc. (a subsidiary of Lupin), Taj Pharmaceuticals Limited, Eli Lilly and Company, Mallinckrodt, Alembic Pharmaceuticals Limited, Apotex Inc., Dr. Reddy’s Laboratories Ltd., Teva Pharmaceuticals USA, Inc. (a subsidiary of Teva Pharmaceutical Industries Ltd.), Taro Pharmaceutical Industries Ltd., Koninklijke Philips N.V., DeVilbiss Healthcare LLC, ResMed, SomnoMed, Oventus and BMC Medical Co. among others.
North America Sleep Disorder Treatment Market Scope and Market Size
North America sleep disorder treatment market is segmented on the basis of type, treatment, route of administration, drugs type, population type, end user, and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
· On the basis of type, the sleep disorder treatment market is segmented into insomnia, sleep apnea, restless legs syndrome (RLS), narcolepsy and others. In 2021, insomnia segment is dominating the market because of the growing awareness about the condition, more and more people are adopting the treatment options.
· On the basis of treatment, the sleep disorder treatment market is segmented into pharmacological therapy, mechanical therapy, mandibular advancement devices, hypoglossal nerve stimulator, surgery and others. In 2021, pharmacological therapy segment is dominating the market due to increased pipeline products for the treatment of sleep disorders by key market players.
· On the basis of route of administration, the sleep disorder treatment market is segmented into oral, parenteral and others. In 2021, oral segment is dominating the market due to the economical and safe form of administration leading to increased uptake by the suffered patients.
· On the basis of drugs type, the sleep disorder treatment market is segmented into branded and generics. In 2021, generics segment is dominating the market because of the economical nature and easy availability of the generics drugs for the treatment of sleep disorder.
· On the basis of population type, the sleep disorder treatment market is segmented into children and adults. In 2021, adults segment is dominating the market due to availability of the U.S. FDA approved pharmacological therapies for the treatment of sleep disorder in adults.
· On the basis of end user, the sleep disorder treatment market is segmented into hospitals, specialty clinics, home healthcare, ambulatory surgical center and others. In 2021, hospitals segment is dominating the market as hospitals are the prime location visited by patients for any procedure or surgery.
· On the basis of distribution channel, the sleep disorder treatment market is segmented into direct tender, hospital pharmacy, retail pharmacy, online pharmacy and others. In 2021, direct tender segment is dominating the market because direct tender fulfils the need of physicians and patients as most of the facilities procure drugs from direct tenders.
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