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(Medical-NewsWire.com, May 30, 2017 ) As per the syndicated report published by Market Data Forecast, Europe Sleep Aids Market which is estimated to be USD 12.36 billion in 2016 and expected to grow at a CAGR of 6.5%, to reach USD 16.93 billion by 2021 with a cumulative growth rate of USD 4.57 billion in the span of five years. It can attributed to the factors such as increase in the use of alcohol, caffeine and tobacco that has been leading to sleep disorders among the population. It is one of the major factors driving the Europe sleeping aids market.
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Further, sleep disorder awareness initiative by various organization and increased demand for sleeping pills as a result of stressful modern lifestyle, have also contributed in the rapid growth of the Europe Sleep Aids Market Disorder . Apart from the drivers, the Sleep Aids market also faces some restraints and challenges which include, side effects associated with sleeping aids medications and patent expiration of treatment pills for sleep disorders.
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Everyone has trouble sleeping from time to timestressful life events like having to take a test the next day, or dealing with worries about home or work can keep you from falling asleep or staying asleep. Sleeping problems that happen once or twice a month can be annoying, but usually will resolve on their own. Sleep aids can't replace healthy sleep habits; good sleep practices are the foundation of proper treatment for insomnia. Especially if your insomnia is long-standing, it's important to use non-medical approaches, such as proper sleep hygiene, and cognitive behavioural treatments for insomnia. For some, a combination of medical and behavioural treatments may be the best way to manage insomnia symptoms, and for others a sleep aid is used at the beginning of treatment and behavioural techniques take over as a long-term approach.
Some sleep aids are available by prescription only. This is because it's important to work with a doctor to decide on the best type, dose, and plan for taking a sleep aid. Over-the-counter sleep aids work for some people, but it's not a good idea to use these regularly for a long period of time. The best practice is to use a sleep aid with the input of your doctor.
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Europe Sleep Aids Market is segmented based on sleep disorder, product and medication below for obtaining a more granular perspective of the market. In the report each sub segment is provided with Market Size Estimations and Y-o-Y Forecasts.
Sleep Disorder
Insomnia
Sleep Apnea
Restless legs syndrome
Narcolepsy
Sleep Walking
Product
Mattresses & Pillows
Sleep Laboratories
Medications
Sleep apnea devices
Medication
Prescription-based Drugs
OTC Drugs
Herbal Drugs
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Europe is an amalgamation of major economies like Germany, Spain, Italy, U.K. and France among others to name a few. The report justifies this by offering country wise data for the EU5 countries while taking some other predominant economies into consideration as well (Rest of Europe).
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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.
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The Sleep Aids market study offers the following deliverables:
Regional and country-level analysis that provides an innate perspective of European region and the aforementioned countries
Meticulously identifying the key areas of market growth by providing market size forecasts and y-o-y estimations at a Segment-level analysis
Explanations of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of macro and micro environmental factors that affect the European market presented in the form of PESTLE and Porters Five Forces Analyses
Company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and analyst overview of the key market players operating in the region
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
Expertly devised Market Outlook - Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
Checkout other related studies in the Europe Pharmaceuticals Segment:
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Europe Anticoccidial Drugs Market: http://www.marketdataforecast.com/market-reports/europe-anticoccidial-drugs-market-23/
Europe Antifungal Drugs Market: http://www.marketdataforecast.com/market-reports/europe-anti-fungal-drugs-market-246/
The publisher of this report Market Data Forecast is well known for the services they render in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. Their research reports section offers a wide variety of market studies ranging from all-encompassing comprehensive market studies to product specific niche markets covering Europe among other regions of the global market as well, that too with competitive pricing options.
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