Sedative-Hypnotic Drugs Market Status And Forecast 2029 By Region Product Type End-Use Market to Witness Robust Expansion
The world class Sedative-Hypnotic Drugs report contains
thorough description, competitive scenario, wide product portfolio of key
vendors and business strategy adopted by competitors along with their SWOT
analysis and porter's five force analysis. All the statistical and numerical
data that has been forecasted in this business report is represented with the
help of graphs, charts, or tables which makes this report more user friendly.
It also encompasses analysis, estimation, and discussion of important industry
trends, market size, and market share. The credible Sedative-Hypnotic
Drugs market research report provides a comprehensive study on
production capacity, consumption, import and export for all major regions
across the world.
Some of the major players operating in the sedative-hypnotic drugs
market are:
- Hoffmann-La
Roche Ltd. (Switzerland)
- Mylan
N.V. (US)
- Teva
Pharmaceutical Industries Ltd.(Israel)
- Sanofi (France)
- Pfizer
Inc. (US)
- GlaxoSmithKline
plc (UK)
- Novartis
AG (Switzerland)
- AstraZeneca
(UK)
- Johnson
& Johnson (US)
- Sun
Pharmaceutical Industries Ltd. (India)
- Eli
Lilly and Company (US)
- Cipla
Inc. (US)
- Endo
International plc (Ireland)
- Torrent
Pharmaceuticals Ltd. (India)
- Reddy’s
Laboratories Ltd. (India)
- Aurobindo
Pharma (India)
- Lupin
(India)
- Fresenius
Kabi AG (Germany)
- Abbott
(US)
Global Sedative-Hypnotic drugs Market Scope and Market Size
By Disease Type (Sleep Disorders, Anaesthesia, Pain, Others)
By Drug Class (Benzodiazepines, Barbiturates, Antihistamines,
Nonbenzodiazepine, Others)
By Route of Administration (Oral, Parenteral, Others)
By End-Users (Hospitals, Specialty Clinics, Homecare, Others)
By Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online
Pharmacy, Others)
Market Definition
A class of medications known as sedative-hypnotics is used to sustain or
induce sleep. A sedative drug calms the brain and reduces activity. In
contrast, a hypnotic drug causes drowsiness to aid in developing and
maintaining a sleep state similar to natural sleep. Benzodiazepines, sedating
antihistamines, barbiturates and z-drugs are common sedative hypnotics. Ambien,
Estazolam, Edluar, Silenor, Butisol, Intermezzo, Restoril, Flurazepam and
Zolpimist are some of the prescription hypnotic-sedative medications.
Sedative-Hypnotic Drugs Market Dynamics
Drivers
Increasing prevalence of insomnia
The rising prevalence of insomnia is estimated to enhance the market's
growth. Frequent awakenings, difficulty going asleep, early awakenings, or both
are all insomnia symptoms. A good hypnotic-sedative will help the patient fall
asleep quickly and sleep all night, allowing them to wake up refreshed the next
day. In America alone, almost 30% of adults suffer with insomnia symptoms, and
nearly 10% of the adult population is likely to suffer from chronic insomnia.
Insomnia is experienced by over 83 percent of persons who suffer from
depression. The cost of missed productivity due to insomnia costs the US
economy roughly USD 63 billion each year.
Increasing investment for healthcare infrastructure
Another significant factor influencing the growth rate of sedative-hypnotic
drugs market is the rising healthcare expenditure which helps in improving its
infrastructure. Also, various government organizations aims to improve the
healthcare infrastructure by increasing funding and this will further influence
the market dynamics.
Furthermore, rising initiatives by public and private organizations to
spread awareness and surging use of prescribed sleep-inducing drugs will expand
the sedative-hypnotic drugs market. Additionally, changing lifestyle of people
and rising number of cases of mental illness will result in the expansion of
sedative-hypnotic drugs market. The rising population will enhance the growth
rate of the sedative-hypnotic drugs market.
Opportunities
Increase in the number of research and development
activities
Moreover, the market's growth is fueled by an increase in the number of
research and development activities. This will provide beneficial opportunities
for the sedative-hypnotic drugs market growth. Along with this, rising drug
approvals and launches will further propel the market’s growth rate.
Global Sedative-Hypnotic drugs Market Country Level Analysis
Global sedative-hypnotic drugs market is analyzed and market size
information is provided by country, disease type, drug class, route of
administration, end-users and distribution channel as referenced above.
The countries covered in the sedative-hypnotic drugs market report are U.S.,
Canada, Mexico, Brazil, Argentina, Peru, Rest of South America, Germany,
France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey,
Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe, China,
Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia,
Philippines, Vietnam, Rest of Asia-Pacific, Saudi Arabia, U.A.E, Egypt, Israel,
Kuwait, South Africa, Rest of Middle East and Africa.
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Report: https://www.databridgemarketresearch.com/reports/global-sedative-hypnotic-drugs-market
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