Global Insomnia Therapeutics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Treatment Type;

Benzodiazepines, Nonbenzodiazepines, Antidepressants, Orexin Antagonist, Melatonin Antagonist, Devices, and Others.

By Product;

Drugs, and Device.

By Sales channel;

Prescription, and Over-The-Counter (OTC).

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn595871142 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Insomnia Therapeutics Market (USD Million), 2021 - 2031

In the year 2024, the Global Insomnia Therapeutics Market was valued at USD 6,290.35 million. The size of this market is expected to increase to USD 8,389.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.

The global insomnia therapeutics market has witnessed significant growth and is projected to continue expanding at a steady pace. Key drivers of this growth include the increasing prevalence of insomnia worldwide, driven by factors such as rising stress levels and a growing geriatric population. Moreover, heightened awareness about various treatment options for insomnia is contributing to market expansion. These factors collectively propel the demand for insomnia therapeutics across diverse demographics and regions.

The introduction of novel products, such as Merck & Co.'s Belsomra and Eisai's Lemborexant, has fueled high demand within the market. Additionally, the availability of multiple generics is expected to further boost market growth over the forecast period. Furthermore, the development of new technologies and medical devices is anticipated to provide additional momentum to market expansion. Favorable reimbursement policies and the adoption of device-drug combination therapies are facilitating the penetration of medical devices for insomnia treatment, thus contributing to market growth.

Growing awareness about sleep disorders and the increasing penetration of new pharmaceuticals and devices are expected to drive demand for insomnia therapeutics. While pharmaceuticals have been the primary treatment option for insomnia, there is a significant portion of patients who remain unsatisfied with existing pharmaceutical treatments. As a result, the combination of devices and drugs is emerging as a promising approach to address unmet needs in insomnia treatment. Positive outcomes observed through the use of device-drug combinations are anticipated to further propel revenue growth in the insomnia therapeutics market over the forecast period.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Treatment Type
    2. Market Snapshot, By Product
    3. Market Snapshot, By Sales Channel
    4. Market Snapshot, By Region
  4. Global Insomnia Therapeutics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing prevalence of insomnia
        2. Rising stress levels
        3. Growing geriatric population
        4. Heightened awareness about treatment options
      2. Restraints
        1. Side effects
        2. Dependency
        3. Regulatory hurdles
        4. Limited efficacy
      3. Opportunities
        1. Novel Therapies
        2. Technological Advancements
        3. Personalized Medicine
        4. Non-pharmacological Interventions
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Insomnia Therapeutics Market, By Treatment Type, 2021 - 2031 (USD Million)
      1. Benzodiazepines
      2. Nonbenzodiazepines
      3. Antidepressants
      4. Orexin Antagonist
      5. Melatonin Antagonist
      6. Devices
      7. Others
    2. Global Insomnia Therapeutics Market, By Product, 2021 - 2031 (USD Million)
      1. Drugs
      2. Device
    3. Global Insomnia Therapeutics Market, By Sales Channel, 2021 - 2031 (USD Million)
      1. Prescription
      2. Over-The-Counter (OTC)
    4. Global Insomnia Therapeutics Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Takeda Pharmaceutical Company Ltd
      2. Vanda Pharmaceuticals
      3. Merck & Co Inc
      4. Pfizer Inc
      5. Teva Pharmaceutical Industries Ltd
      6. Mylan NV
      7. Sumitomo Dainippon Pharma Co Ltd
      8. Sanofi
      9. Paratek Pharmaceuticals Inc
  7. Analyst Views
  8. Future Outlook of the Market