Indian OTC Sleep Aid Products is expected to grow from USD XX Billion in 2019 to USD XX Billion by 2028, at a Compound Annual Growth Rate (CAGR) of XX% during the forecast period.
The prevalence rates of OSA in adults ranges between 3-27% in total in India. The prevalence in men ranges between 3-28% while estimations are nearly half as 2.2-16% in women through large-scale epidemiological studies conducted in different countries including India. Advanced sleep tech devices are majorly used for monitoring and enhancing sleep specifically for individuals suffering from insomnia, narcolepsy, and sleep apnea. Technologically upgraded sleep tech devices including head belts, rings, wearable smart watches, and sleep pads are available in the market. Technological advancements such as development of advanced sleep tech beds, rings coupled with rising government funding in several countries will escalate the sleep tech devices market growth.
Growing incidences of unhealthy sleeping habits among many individuals due to work stress and over usage of smartphones at nights especially people between the ages of 15 to 30 is anticipated to boost the demand of the market and increase growth opportunities for the key players in India the sleep apnea devices market. Growing number of businesses entering the market for sleep apnea and oral equipment is the vital factor accelerating the market growth, also technological innovations in devices for sleep apnea, large pool of undiagnosed sleep apnea patients, rising usage of oral appliances and considerable venture capital funding are the major factors among others driving the sleep apnea devices market. Moreover, rising demand for home healthcare and rising focus on telemedicine and mhealth will further create new opportunities for sleep apnea devices market in the forecasted period.
Types of Sleep Disorders
The major sleep disorders are Obstructive sleep apnea (OSA), Central sleep apnea (CSA), Treatment-emergent central sleep apnea, Circadian rhythm disorders, Idiopathic hypersomnia, Insomnia, Narcolepsy. Sleep disorders are conditions that impair your sleep or prevent you from getting restful sleep and, as a result, can cause daytime sleepiness and other symptoms. There are more than 100 million Americans of all ages who are not getting an adequate amount of sleep.