Sleep Aids Market Size, Share, and Growth Forecast from 2025 - 2032

Sleep Aids Market by Product Type (Drugs, Devices), Indication (Insomnia, Sleep Deprivation, Narcolepsy, Sleep Apnea), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, E -commerce, Drug Stores), and Regional Analysis from 2025 to 2032

Industry: Healthcare

Published Date: January-2025

Format: PPT*, PDF, EXCEL

Delivery Timelines: Contact Sales

Number of Pages: 185

Report ID: PMRREP2832

Report Price

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Sleep Aids Market Size and Share Analysis

The global sleep aids market is predicted to reach a size of US$ 31 Bn by 2025. It is anticipated to witness a CAGR of 4.3% during the forecast period to attain a value of US$ 41.8 Bn by 2032.

Modern lifestyles, including high work pressure, social media use, and health concerns result in increased stress and anxiety, which significantly affect sleep quality. Growing mental health issues are resulting in the rise of pharmacological treatments and natural treatments.

  • According to the World Health Organization (WHO), 30% of the global population suffers from some form of sleep disorder, with insomnia being the most common.
  • Insomnia is estimated to affect 80 million people in the U.S. alone by 2030, creating a robust demand for sleep aids.

The industry is witnessing rapid growth in sleep technology with innovations like smart mattresses, sleep trackers, sleep apps, and CPAP machines for sleep apnea. These technologies are integral in helping consumers monitor and enhance the quality of their sleep.

Key Highlights of the Industry

  • Rising levels of stress, anxiety, and poor lifestyle choices fosters demand for sleep aids.
  • Consumers worldwide are seeking non-pharmacological treatments owing to their low risk profile compared to prescription drugs.
  • Availability of sleep aids through online platforms and direct-to-consumer sales is increasing, as consumers prefer the convenience of purchasing products online.
  • Growing awareness about the importance of sleep hygiene is promoting demand.
  • Companies are focusing on promoting sleep wellness through products like aromatherapy oils, relaxation apps, and blue light blocking glasses.
  • Government authorities and non-profit organizations are running awareness campaigns to educate the public about the health risks of inadequate sleep.
  • Based on product type, the drugs segment is likely to hold a share of 53.2% in 2025 owing to rising consumer trust in drugs.
  • By indication, the insomnia segment is anticipated to hold a share of 38.2% in 2025 as patients prefer OTC and prescription drugs.
  • In terms of distribution channel, the e-commerce segment is predicted to hold a share of 24.2% in 2025 owing to easy availability of a variety of products.
  • North America sleep aids market is set to exhibit a CAGR of 4.4% through 2032 owing to high awareness of sleep health among the millennial population.

Market Attributes

Key Insights

Sleep Aids Market Size (2025E)

US$ 31 Bn

Projected Market Value (2032F)

US$ 41.8 Bn

Global Market Growth Rate (CAGR 2025 to 2032)

4.3%

Historical Market Growth Rate (CAGR 2019 to 2023)

4.5%

High Prevalence of Sleep Disorders in North America to Boost Demand

The sleep aids market in North America is estimated to hold a share of 35.7% in 2025. The region has a high prevalence of sleep disorders. Increasing prevalence of conditions like insomnia, sleep apnea, and restless leg syndrome directly increase the demand for sleep aid products. For example,

  • According to the American Academy of Sleep Medicine (AASM), 50 to 70 million adults in the U.S. suffer from some form of sleep disorder, with insomnia being the most common.

Consumers in the region are becoming aware of the importance of sleep hygiene and its impact on physical and mental health. This awareness is driving demand for pharmacological and non-pharmacological sleep aids. For example,

  • Campaigns by organizations like the National Sleep Foundation and rising emphasis on sleep education are encouraging people to adopt better sleep habits and seek solutions to address sleep problems.

Surging Consumer Trust in Drugs to Foster Demand Worldwide

Drugs are projected to hold a share of 53.2% in 2025. Prescription drugs are widely used for the treatment of chronic insomnia and other sleep disorder owing to their fast-acting nature and proven efficacy.

OTC drugs have become increasingly popular owing to their effectiveness in addressing short-term sleep disturbances like jet lag or transient insomnia. Demand for effective and scientifically backed treatments is driving the market for pharmaceutical sleep aids, especially among individuals with moderate to severe sleep issues.

  • Studies suggest that 30% of adults suffer from insomnia while sleep apnea affects 22 million Americans.

Consumers heavily rely on pharmaceutical sleep aids owing to their clinical validation. They also have a known mechanism of action, thereby increasing consumer trust. Prescription sleep aids, like Zolpidem (Ambien) and Eszopiclone (Lunesta), have become the go-to solution for individuals suffering from chronic sleep issues.

Insomnia Patients to Highly Prefer OTC and Prescription Sleep Aids

Insomnia is predicted to hold a share of 38.2% in 2025. It is one of the most common sleep disorders across the globe, affecting a significant portion of the adult population. For instance,

  • According to the American Academy of Sleep Medicine, 30% of adults experience short-term insomnia while 10% suffer from chronic insomnia.

Insomnia leads to significant disruptions in daily life, affecting mental health, work productivity, mood, and overall well-being. Individuals with insomnia are at higher risk of developing anxiety, depression, and other health problems, which makes it a priority condition for treatment. For example,

  • The National Sleep Foundation reports that chronic insomnia is associated with higher rates of absenteeism at work and impaired cognitive functioning. This further highlights the importance of effective treatment options, particularly sleep aids.
  • It is estimated that 50% of insomnia patients opt for over-the-counter sleep aids for managing their condition

Availability of Wide Product Ranges to Spur Demand across E-commerce Platforms

E-commerce is anticipated to hold a share of 24.2% in 2025. Platforms like Amazon, Walmart, and specialty online stores offer significant convenience to consumers, enabling them to shop for sleep aids from the comfort of their homes.

Online platforms provide access to a wide range of sleep aids, enabling consumers to explore and compare multiple brands, product types, and price points easily. These platforms also offer a diverse selection of sleep aids, thereby making it easier for consumers to find solutions tailored to their specific requirements. For instance,

  • According to a 2023 survey, around 79% of consumers in North America reported purchasing healthcare products online, including sleep aids.

Positive experiences with e-commerce, combined with customer reviews and ratings, foster trust, leading consumers to choose online shopping for health-related products like sleep aids. Ability of e-commerce to reach a wide geographical market and serve previously underserved areas contributes to its dominance in the distribution of sleep aids.

Market Introduction and Trend Analysis

Potential growth in the global sleep aids industry is predicted to be driven by rising awareness of holistic health along with a focus on non-pharmaceutical interventions. Products like sleep teas, melatonin sprays, herbal sleep aids, and relaxation devices are likely to gain popularity.

The forecast period is likely to witness a shift toward personalized sleep solutions where consumers can get products tailored to their sleep patterns, contributing to growth. Continued rise of online shopping along with increasing preference for contactless purchases is predicted to foster growth in the e-commerce sector.

Historical Growth and Course Ahead

The sleep aids market growth was steady at a CAGR of 4.5% during the historical period from 2019 to 2023. The period witnessed a robust demand for products like sleep medications, sleep devices, and OTC supplements. Rising conditions like insomnia and sleep apnea led to a higher demand for sleep aids. For instance,

  • According to the World Health Organization (WHO), 30% of the global population is affected by sleep disorders and the prevalence of these conditions has been rising.

The trend of self-care and wellness was significant in driving demand for non-prescription sleep aids, especially OTC medications and natural supplements. Consumers increasingly opted for natural sleep aids owing to concerns regarding the side effects of pharmaceutical drugs.

The forecast period is likely to witness an increased adoption of sleep-tracking apps, smart beds, and wearable sleep monitoring devices, thereby boosting growth. Introduction of AI-powered sleep solutions are likely to fuel expansion.

Market Growth Drivers

Government Support and Regulatory Approvals

Government regulatory agencies like the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) play a pivotal role in approving sleep medications for use. The FDA has approved a range of over-the-counter sleep aids, including products containing melatonin and diphenhydramine.

  • According to the FDA, as of 2023, there were over 15 FDA-approved prescription sleep medications, including sedative-hypnotics and melatonin receptor agonists.

Regulatory bodies also provide guidance for natural and herbal sleep aids, like melatonin supplements and valerian root. The FDA classifies multiple herbal sleep aids as dietary supplements, which must adhere to specific Good Manufacturing Practices (GMP) to ensure quality and purity.

  • As of 2022, 35% of adults in the U.S. reported using melatonin supplements to improve sleep, driven by both regulatory approval and consumer trust in the product's safety.

Rapid Shift toward Self Care and Wellness

Consumers are increasingly turning to non-prescription sleep aids as part of their self-care routine. They are also more aware of the benefits of mindfulness, meditation, and relaxation techniques, which can enhance sleep quality without the need for medication. For example,

  • According to a 2022 survey by the National Sleep Foundation, around 50% of U.S. adults reported using OTC sleep aids at least occasionally to help with sleep.

Growing focus on holistic health is leading individuals to adopt sleep aids that integrate physical and mental well-being. Consumers are embracing solutions that enhance one’s wellness, which includes a more mindful approach to sleep. Products that support circadian rhythm regulation or promote better sleep hygiene are increasingly in demand.

  • As of 2021, 60% of U.S. adults were reportedly seeking wellness practices that could improve their sleep, focusing on non-pharmaceutical and lifestyle-based solutions.

Market Restraining Factors

Side Effects and Safety Concerns

Prescription sleep aids are commonly prescribed for insomnia and other sleep disorders. However, these medications carry several potential side effects that can discourage usage. Several people using prescription sleep aids report feeling drowsy the following morning, which can negatively affect daily functioning and productivity.

Certain sleep medications, like Ambien (zolpidem), have been linked to sleepwalking, driving, and other activities performed while asleep, increasing the risk of accidents or injury. Several OTC sleep aids can cause residual drowsiness the next day, especially when taken in higher doses. This can impact on daily activities, including driving or operating machinery. For instance,

  • A 2019 study published in the Journal of Clinical Sleep Medicine found that around 50% of individuals using benzodiazepines and other sedative-hypnotics experience side effects. These mainly include morning grogginess, memory issues, and decreased motor coordination.

Market Growth Opportunities

Innovations in Sleep Technology and Digital Health

Wearable devices like smartwatches, fitness trackers, and specialized sleep-monitoring devices have become widely popular as consumers value data-driven insights into their sleep health. Data collected by these devices is used to identify sleep patterns, disturbances, and potential issues, enabling users to adjust their habits and use relevant sleep aids to improve rest.

  • A 2020 survey by the National Sleep Foundation found that 70% of U.S. adults reported using some form of sleep tracking technology to monitor their sleep. This shows the increasing reliance on these devices for improving sleep health.

AI and ML are being integrated into sleep apps to provide personalized and actionable insights. These apps can analyze users’ sleep data, including sleep patterns, environmental factors, and behavioral cues, to offer tailored recommendations for improving sleep. For instance,

  • A survey by the American Sleep Association indicated that 36% of people who used sleep apps reported improved sleep quality, illustrating the high efficacy of AI-driven digital sleep tools.

Increasing Stress and Mental Health Issues

Stress and anxiety are two of the leading causes of insomnia and poor sleep quality. People suffering from depression often experience changes in their sleep patterns, like early morning awakening, excessive sleeping (hypersomnia), or insomnia. For example,

  • According to the American Psychiatric Association (APA), sleep disturbances are present in 90% of individuals diagnosed with depression.
  • A 2019 study by the American Psychological Association (APA) found that 75% of adults in the U.S. reported experiencing stress, with sleep disturbances being one of the most common symptoms of stress.
  • According to the National Institute of Mental Health (NIMH), 40 million adults in the U.S. suffer from an anxiety disorder, and 20 million experience depression. Both conditions are closely linked to poor sleep quality and the increasing demand for sleep aids.

Workplace stress and economic concerns are among the leading contributors to increasing levels of anxiety and depression, leading to high levels of sleep disturbances.

Competitive Landscape for the Sleep Aids Market

Companies in the sleep aids market are focusing on developing new formulations and innovative delivery mechanisms to meet consumer preferences and address safety concerns. They are introducing extended-release formulations or non-addictive options to decrease side effects and dependency risks.

Businesses are also developing unique wearables and digital health solutions that monitor sleep patterns and provide personalized recommendations. Haleon recently extended its ZzzQuil product line to include melatonin gummies and plant-based sleep aids.

Manufacturers are establishing a strong presence on platforms like Amazon, Walmart, and company-owned websites to tap into the rising preference for online shopping. They are also offering subscription packages for sleep aids, ensuring consumer loyalty and a consistent revenue stream.

Recent Industry Developments

  • In January 2025, VIV Health introduced the VIV Ring, a smart ring designed for health monitoring and sleep enhancement through generative sleep aid sound technology at the CES 2025.
  • In December 2024, anesthesiologist, DR. David Mahjoubi, formulated Sleepinox’s Natural Sleep Supplement, which promises to improve an individual’s sleep while strengthening their immune system and enhancing their cognitive function.
  • In November 2024, AgelessRx launched a personalized sleep program designed to improve sleep quality while promoting longevity.
  • In November 2024, SleepVibe Inc. launched its new SleepVibe sleep aid which is designed to enhance deep sleep by utilizing binaural beats technology without requiring headphones or audible sounds.
  • In September 2024, Apple launched its new products, including Apple watch and Airpods Pro 2, that incorporate features for sleep apnea detection and hearing aid features.
  • In August 2024, a new sleep aid called Helight Kidzzz, using red-light technology to improve sleep routines for children and infants, was launched. 

Sleep Aids Market Report Scope

Attributes

Detail

Forecast Period

2025 to 2032

Historical Data Available for

2019 to 2023

Market Analysis

US$ Billion for Value

Key Regions Covered

  • North America
  • Europe
  • East Asia
  • South Asia and Oceania
  • Middle East and Africa
  • Latin America

Key Market Segments Covered

  • Product Type
  • Indication
  • Distribution Channel
  • Region

Key Companies Profiled in the Report

  • ResMed Inc.
  • Koninklijke Philips N.V.
  • Merck & Co. Inc.
  • Drive DeVilbiss Healthcare LLC
  • GlaxoSmithKline Plc.
  • Fisher & Paykel Healthcare Limited
  • Sanofi SA
  • Pfizer Inc.

Report Coverage

  • Market Forecast and Trends
  • Company Share Analysis
  • Competitive Intelligence
  • DROT Analysis
  • Market Dynamics and Challenges
  • Strategic Growth Initiatives  

Customization and Pricing

Available upon request

Market Segmentation

By Product Type

  • Drugs
    • Insomnia Treatment Drugs
      • Doxepin Hydrochloride
      • Eszopiclone
      • Ramelteon
      • Triazolam
      • Zaleplon
      • Quazepam
      • Others
    • Narcolepsy Treatment Drugs
      • Modafinil
      • Sodium Oxybate
      • Armodafinil
      • Others
  • Devices
    • CPAP Devices
    • BiPAP Devices
    • APAP Devices
  • Others

By Indication

  • Insomnia
  • Sleep Deprivation
  • Narcolepsy
  • Sleep Apnea
  • Others

By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • E-commerce
  • Drug Stores
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia and Oceania
  • Middle East and Africa

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Companies Covered in This Report

  • ResMed Inc.
  • Koninklijke Philips N.V.
  • Merck & Co. Inc.
  • Drive DeVilbiss Healthcare LLC
  • GlaxoSmithKline Plc.
  • Fisher & Paykel Healthcare Limited
  • Sanofi SA
  • Pfizer Inc.

Frequently Asked Questions

The market is anticipated to reach a value of US$ 41.8 Bn by 2032.

Increasing prevalence of sleeping disorders is augmenting growth in the industry.

North America is anticipated to emerge as the leading region with a share of 35.7% in 2025.

Prominent players in the market include ResMed Inc., Koninklijke Philips N.V., and Merck & Co. Inc.

The market is predicted to witness a CAGR of 4.3% throughout the forecast period.

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