Sleeping Pills Market Report 2025 (Global Edition)

Global Sleeping Pills Market Report 2024 Market Size Split by Type Outlook: (Benzodiazepines, non-benzodiazepines), by Use Outlook: (Short-Term Use, Long-Term Use), by Sleep Disorder Outlook: (Paper, ...

Sleeping Pills Market Report Description

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Competitive Landscape of the Sleeping Pills Market

The competitive landscape of the sleeping pills market is marked by the presence of prominent pharmaceutical companies and increasing innovation in product formulations. Key players such as Pfizer Inc., Sanofi S.A., and Merck & Co., Inc. lead the market, driven by robust R&D initiatives. Rising demand for over-the-counter (OTC) and prescription sleep aids contributes to market fragmentation. Companies focus on expanding portfolios, improving safety profiles, and addressing side effects. Strategic partnerships, acquisitions, and regulatory approvals also play crucial roles in sustaining market leadership.

In May 2022, StimScience launched its consumer support product, Somnee. Someone is a cutting-edge headband that improves customers' quality of sleep by using customized, non-intrusive brain stimulation. This electronic sleep aid is the first of its type.

(Source:https://somneesleep.com/?srsltid=AfmBOoptf-Ac94lzvO0R_4vkuDiEks7fBLY34B7Ofk3fIx-XOcuS5zp8)

Top Companies Market Share in Sleeping Pills Industry: (In no particular order of Rank)

• * Acelity L.P. Inc. (Kinetic Concepts Inc.)
• * AstraZeneca Plc
• * Biodiem
• * Cadwell Industries Inc.
• * Compumedics Limited
• * CSL Limited
• * Drive
• * Drive DeVilbiss Healthcare Inc.
• * Eisai Co. Ltd.
• * Emergent Biosolutions
• * F.Hoffmann-La Roche Ltd.
• * Fisher & Paykel Healthcare Limited
• * Gamma Vaccines Pty Ltd.
• * GlaxoSmithKline Plc.
• * Koninklijke Philips N.V.
• * Merck and Co. Inc.
• * Natus Medical Incorporated
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Sleeping Pills Market

Which Region Dominates the Sleeping Pills Market in 2024?

According to Cognitive Market Research, North America currently dominates the Sleeping Pills market, and the region is expected to have significant growth during the projected period. This is due to the high prevalence of insomnia, stress-related disorders, and rising healthcare expenditure. Increased awareness of sleep disorders, advancements in pharmaceutical formulations, and strong healthcare infrastructure further solidify the region's leading position in the global market.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR). This growth is driven by increasing awareness of sleep disorders, rising stress levels, and a growing senior population in countries like China, India, and Japan, boosting the demand for sleeping aids.

The current report Scope analyzes Sleeping Pills Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Sleeping Pills

According to Cognitive Market Research, the global Sleeping Pills market size was estimated at USD 60521.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 24208.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Sleeping Pills market with a market size of USD 19100.59 million in 2024 and is projected to grow at a CAGR of 5.9% during the forecast period. The US market's Stringent governmental regulations against plastic pollution.
• The Canada Sleeping Pills market had a market share of USD 2905.03 million in 2024 and is projected to grow at a CAGR of 6.9% during the forecast period. Canada’s rising awareness among the population.
• The Mexico Sleeping Pills market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 2202.98 million in 2024.

Europe Sleeping Pills

According to Cognitive Market Research, the global Sleeping Pills market size was estimated at USD 60521.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 18156.45 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.

• The United Kingdom Sleeping Pills market had a market share of USD 3050.28 million in 2024 and is projected to grow at a CAGR of 7.2% during the forecast period. In the UK, Sleeping Pills sales witness an upswing due to the increasing focus on environmental sustainability.
• The France Sleeping Pills market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 1670.39 million in 2024.
• According to Cognitive Market Research, the German Sleeping Pills market size was valued at USD 3594.98 million in 2024 and is projected to grow at a CAGR of 6.6% during the forecast period. In Germany, Sleeping Pills surged due to the Increased focus of the manufacturers and major market players.
• The Italy Sleeping Pills market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 1561.45 million in 2024.
• The Russia Sleeping Pills market is projected to witness growth at a CAGR of 5.4% during the forecast period, with a market size of USD 2814.25 million in 2024.
• The Spain Sleeping Pills market is projected to witness growth at a CAGR of 5.5% during the forecast period with a market size of USD 1488.83 million in 2024
• The Luxembourg Sleeping Pills market is projected to witness growth at a CAGR of 6.5% during the forecast period, with a market size of 562.85 million in 2024.
• The Portugal Sleeping Pills market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 381.29 million in 2024.
• The Greece Sleeping Pills market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 217.88 million in 2024.
• The Rest of Europe's Sleeping Pills market is projected to witness growth at a CAGR of 5.1% during the forecast period, with a market size of USD 2814.25 million in 2024.

Asia Pacific Sleeping Pills

According to Cognitive Market Research, the global Sleeping Pills market size was estimated at USD 60521.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 13919.95 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.

• According to Cognitive Market Research, the China Sleeping Pills market size was valued at USD 6263.98 million in 2024 and is projected to grow at a CAGR of 9.4% during the forecast period. Sleeping Pills surged in China due to the Increased focus of the manufacturers and major market players.
• The Japan Sleeping Pills market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 1920.95 million in 2024.
• The India Sleeping Pills market had a market share of USD 1670.39 million in 2024 and is projected to grow at a CAGR of 11.7% during the forecast period. India's rising awareness among the populations .
• The South Korean Sleeping Pills market is projected to witness growth at a CAGR of 9.0% during the forecast period, with a market size of USD 1391.99 million in 2024.
• The Australian Sleeping Pills market is projected to witness growth at a CAGR of 9.6% during the forecast period, with a market size of USD 723.84 million in 2024.
• The South East Asia Sleeping Pills market is projected to witness growth at a CAGR of 10.9% during the forecast period, with a market size of USD 960.48 million in 2024.
• The Rest of Asia Pacific Sleeping Pills market is projected to witness growth at a CAGR of 9.7% during the forecast period, with a market size of USD 988.32 million in 2024.

South America Sleeping Pills

According to Cognitive Market Research, the global Sleeping Pills market size was estimated at USD 60521.5 Million, out of which Latin America held the market share of around 5% of the global revenue with a market size of USD 3026.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Sleeping Pills market size was valued at USD 1295.16 million in 2024 and is projected to grow at a CAGR of 7.9% during the forecast period. Sleeping Pills flourished in Brazil due to increasing demand for packaged food and beverages.
• Argentina's Sleeping Pills market had a market share of USD 508.38 million in 2024 and is projected to grow at a CAGR of 8.2% during the forecast period. Argentina's rising personal disposable income .
• Colombia Sleeping Pills market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 269.32 million in 2024.
• Peru Sleeping Pills market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 248.14 million in 2024.
• Chile's Sleeping Pills market is projected to witness growth at a CAGR of 7.6% during the forecast period, with a market size of USD 217.88 million in 2024.
• The Rest of Latin America's Sleeping Pills market is projected to witness growth at a CAGR of 6.4% during the forecast period, with a market size of USD 487.20 million in 2024.

Middle East and Africa Sleeping Pills

According to Cognitive Market Research, the global Sleeping Pills market size was estimated at USD 60521.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 1210.43 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031..

• The GCC Countries Sleeping Pills market is projected to witness growth at a CAGR of 8.4% during the forecast period, with a market size of USD 518.06 million in 2024. Sleeping Pills sales flourish due to the presence of major market players.
• The Egypt Sleeping Pills market is projected to witness growth at a CAGR of 7.9% during the forecast period, with a market size of USD 127.10 million in 2024.
• The South Africa Sleeping Pills market is projected to witness growth at a CAGR of 8.6% during the forecast period, with a market size of USD 191.25 million in 2024. Sleeping Pills sales flourished in South Africa due to increasing demand and regulatory support.
• The Turkey Sleeping Pills market is projected to witness growth at a CAGR of 7.1% during the forecast period, with a market size of USD 104.10 million in 2024.
• The Nigeria Sleeping Pills market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 127.10 million in 2024.
• The Rest of the MEA Sleeping Pills market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 142.83 million in 2024.

Sleeping Pills Market Analysis

How are Segments Performing in the Global Sleeping Pills Market?

Sleeping Pills Market Type Segment Analysis

According to Cognitive Market Research, Benzodiazepines dominate the sleeping pills market due to their proven efficacy in treating insomnia and related sleep disorders. Their rapid onset of action, widespread availability, and extensive clinical history make them a popular choice among healthcare providers and patients. Additionally, their ability to enhance the effects of gamma-aminobutyric acid (GABA) in the brain promotes relaxation and induces sleep effectively. Despite concerns over dependency, their well-established therapeutic profile sustains their strong market share, leading the segment globally.

Non-benzodiazepines are driving the fastest growth in the sleeping pills market due to their improved safety profile and reduced risk of dependency compared to traditional benzodiazepines. These medications, such as zolpidem and eszopiclone, are preferred for treating insomnia as they offer effective results with fewer side effects. Rising awareness of sleep disorders and increasing demand for non-habit-forming options have further fueled their adoption. Additionally, advancements in formulations and growing healthcare access support their expanding market share.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Sleeping Pills Industry. Request a Free Sample PDF!

Sleeping Pills Market Use Segment Analysis

According to Cognitive Market Research, Short-term use holds the largest growing segment of the sleeping pills market due to its effectiveness in addressing temporary sleep disturbances, such as those caused by stress, jet lag, or situational factors. These pills are often recommended for individuals who need immediate relief without long-term reliance. The growing incidence of sleep issues, coupled with the increased awareness of sleep disorders, has contributed to the demand for short-term sleep aids. Additionally, they are perceived as less addictive compared to long-term options.

In the Sleeping Pills Market, Long-term use of sleeping pills holds the fastest-growing segment of the sleeping pills market due to increasing awareness and reliance on medication for chronic sleep disorders. As more individuals struggle with long-term insomnia or other sleep-related issues, there is a growing demand for prescription sleep aids. Continuous marketing, along with rising healthcare access, further boosts consumer adoption. This segment's growth is also driven by the development of new, more effective sleeping pills with fewer side effects, encouraging prolonged usage.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Sleeping Pills Sleep Disorder Outlook: Segment Analysis

Sleeping Pills Market Sleep Disorder Segment Analysis

According to Cognitive Market Research, Insomnia holds the largest share of the growing sleeping pills market due to the high prevalence of sleep disorders globally. As more individuals experience difficulty falling or staying asleep, the demand for effective treatments rises. Insomnia, particularly in its chronic form, is a key driver of this market, as it often requires ongoing management with pharmaceutical solutions. The increased awareness of sleep health, coupled with the effectiveness of sleeping pills in alleviating symptoms, further contributes to the market's expansion.

In the Sleeping Pills market, the rapidly growing sector is the sleep disorder segment holds the fastest-growing share in the sleeping pills market due to the increasing prevalence of sleep-related issues such as insomnia, sleep apnea, and stress-induced sleep disruptions. As awareness of sleep disorders rises, more individuals seek effective treatments, boosting demand for sleeping pills. Additionally, advancements in pharmaceutical formulations targeting specific sleep conditions, along with a growing emphasis on improving sleep quality, contribute to the rapid growth in this segment of the market.

• Paper
• Insomnia
• Sleep Disorder
• Restless Leg Syndrome Narcolepsy
• Sleep Walking

Sleeping Pills Distribution Channel Outlook: Segment Analysis

Sleeping Pills Market Distribution Channel Segment Analysis

According to Cognitive Market Research, Hospital pharmacies hold the largest growing share in the sleeping pills market due to their central role in providing prescribed medications under medical supervision. With increasing awareness of sleep disorders and their management, hospitals are a primary source for patients seeking treatments, particularly for conditions like insomnia and anxiety. Hospitals also ensure safer usage through professional consultations, monitoring, and personalized care, contributing to the demand for prescription sleeping pills. Additionally, hospital pharmacies often carry a wide range of approved medications, increasing market growth.

Retail pharmacies are driving the fastest growth in the sleeping pills market due to increased consumer demand for easily accessible, over-the-counter sleep aids. These pharmacies provide a wide range of sleeping pill brands, offering convenience for consumers who prefer self-medication. The growing awareness of sleep disorders and the convenience of purchasing medications without prescriptions contribute to the rise in retail pharmacy sales. Additionally, the expansion of e-commerce platforms for pharmacies further fuels the market's rapid growth in this segment.

• Hospital Pharmacy
• Retail Pharmacy

Author's Detail

Manjiri Kanhere

Senior Research Associate at Cognitive Market Research

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Manjiri Kanhere is an experienced market researcher focused on the Pharma & Healthcare industry. With over 3+ years of experience, She has worked with major pharmaceutical companies and healthcare providers, helping them to understand market trends, identify new business opportunities, and develop effective sales & marketing strategies. Her expertise lies in the ability to analyze complex data sets and deliver insights that drive business decisions. At Cognitive Market Research, she handles the market research related to Pharma and healthcare industry.

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