Infrared Sensors Market

Infrared Sensors Market By Wavelength (0.75 µm to 3 µm, 3 µm to 6 µm, Above 6 µm); By Type (Passive IR Sensors, Active IR Sensors); By Mounting (Through-hole, SMT); By Application (Gas Analysis, Missile Guidance, Spectroscopy, Temperature Measurement, Meteorology, Others); By End-use Industry (Consumer Electronics, Aerospace & Defense, Oil & Gas, Automotive, Metal & Mining, Pharmaceutical, Industrial, Others) – Growth, Share, Opportunities & Competitive Analysis, 2024 – 2032

Price: $4699

Published: | Report ID: 14071 | Report Format : Excel, PDF
REPORT ATTRIBUTE DETAILS
Historical Period  2019-2022
Base Year  2023
Forecast Period  2024-2032
Insomnia Treatment Drugs Market Size 2024  USD 736.4 Million
Insomnia Treatment Drugs Market, CAGR  1823.29%
Insomnia Treatment Drugs Market Size 2032  USD 1,823.29 Million

Market Overview

The Insomnia Treatment Drugs Market is projected to grow from USD 736.4 million in 2024 to USD 1,823.29 million by 2032, reflecting an impressive growth rate of approximately 1823.29%.

The insomnia treatment drugs market is primarily driven by the rising prevalence of sleep disorders, especially among the aging population, and increased awareness of mental health issues. Additionally, the demand for innovative, non-habit-forming medications is growing as patients seek safer treatment options. Trends indicate a shift towards personalized medicine, where treatments are tailored to individual needs, enhancing efficacy and compliance. Technological advancements in sleep tracking and digital health solutions are revolutionizing insomnia management, while the increasing availability of over-the-counter medications provides easier access for individuals experiencing mild to moderate symptoms, further boosting market growth.

The geographical analysis of the insomnia treatment drugs market reveals significant growth opportunities in North America and Europe, which collectively hold a substantial market share due to the high prevalence of sleep disorders and advanced healthcare infrastructure. North America, particularly the United States, is a key player, driven by increasing awareness and demand for effective treatments. Major companies such as Jazz Pharmaceuticals, Pfizer Inc., and Merck KGaA are leading the market with innovative drug therapies. Meanwhile, Europe is witnessing growth through regulatory support and a focus on personalized medicine, with companies like GlaxoSmithKline and Aurobindo Pharma expanding their offerings.

Design Element 2

Access crucial information at unmatched prices!

Request your sample report today & start making informed decisions powered by Credence Research!

Download Sample

CTA Design Element 3

Market Drivers

Rising Awareness About Insomnia and Its Treatment Options

Public awareness regarding the detrimental consequences of insomnia on physical and mental health is growing. For example, a study published in BMC Psychiatry highlights the effectiveness of anti-stigma interventions in reducing mental health stigma, which includes sleep disorders. This increased understanding is encouraging individuals to seek professional help and explore available treatment options, including both prescription medications and over-the-counter drugs. Educational initiatives and advocacy campaigns have played a crucial role in reducing the stigma surrounding sleep disorders, empowering patients to prioritize their sleep health. As awareness continues to rise, the demand for effective insomnia treatments will likely increase, benefiting market participants.

Aging Population

The increasing aging population is particularly susceptible to sleep disorders, including insomnia. For example, the Longitudinal Ageing Study in India (LASI) reported that 37% of older adults suffer from insomnia. As the demographic of older adults grows, so does the demand for insomnia treatment drugs tailored to their unique needs. Age-related physiological changes and chronic health conditions often exacerbate sleep disturbances, necessitating targeted treatments. Additionally, as healthcare spending rises in developed countries, there is a heightened investment in prescription medications for insomnia, further contributing to market expansion.

Development of New and More Effective Drugs

The pharmaceutical industry is continually innovating and developing new drugs to treat insomnia more effectively. These advancements focus on enhancing drug efficacy while minimizing side effects and improving the duration of action. As companies introduce novel therapeutic agents that offer safer and more effective solutions, the market for insomnia treatment drugs will expand. This focus on innovation aligns with patient preferences for medications that provide reliable relief without the risk of dependence, fostering market growth.

 Increasing Prevalence of Insomnia

The growing prevalence of insomnia among both adults and children significantly drives market growth. Factors contributing to this rise include heightened stress levels, rapidly changing lifestyles, and the aging population. Urbanization and demanding work environments exacerbate sleep disturbances, leading to a surge in individuals seeking effective solutions for their insomnia. As more people grapple with the negative effects of poor sleep quality on their daily lives, the demand for effective insomnia treatment options is expected to increase, further propelling the market.

Market Trends

Increasing Demand for OTC Sleep Aids

The market for over-the-counter (OTC) sleep aids is witnessing a significant surge, driven primarily by the convenience and accessibility these products offer. For instance, the American Academy of Sleep Medicine’s Sleep Prioritization Survey found that 64% of Americans use some type of substance occasionally or regularly to help them fall asleep or stay asleep. OTC sleep aids are readily available without a prescription, making them an attractive option for consumers seeking immediate relief from mild to moderate insomnia. Many individuals prefer these medications as they are perceived to be safer than prescription alternatives, promoting a sense of autonomy in managing their sleep issues. This trend is especially prevalent among consumers who may be hesitant to consult healthcare providers for sleep disturbances, thus allowing them to self-manage their insomnia with accessible solutions. As awareness of the negative consequences of sleep deprivation grows, the demand for OTC sleep aids is likely to continue its upward trajectory, further contributing to market expansion.

Focus on Non-Pharmacological Treatments

An increasing number of individuals are turning to non-pharmacological treatments for insomnia, particularly Cognitive Behavioral Therapy for Insomnia (CBT-I). This therapy has gained recognition as an effective approach to address chronic insomnia by equipping patients with essential techniques to improve sleep hygiene, implement cognitive restructuring, and practice relaxation methods. The popularity of CBT-I reflects a broader societal shift towards holistic and sustainable sleep improvement strategies. Furthermore, digital therapeutics, including sleep apps and wearable devices, are emerging as valuable tools for monitoring sleep patterns and providing personalized strategies for sleep enhancement. These innovations not only complement traditional therapies but also empower users to take an active role in their sleep management. As non-pharmacological treatments gain traction, they are reshaping the landscape of insomnia management, catering to consumers seeking alternatives to medication while promoting long-term sleep health.

Market Challenges Analysis

Side Effects and Addiction Potential

The use of prescription sleep medications poses significant challenges, primarily due to the risk of side effects and potential addiction. For instance, the National Survey on Drug Use and Health (NSDUH) reports that many of these medications, particularly benzodiazepines, are known to cause sedation and daytime drowsiness, leading to impaired cognitive function and reduced alertness in users. This can adversely impact daily activities, such as work and driving, raising safety concerns. Furthermore, the long-term use of certain sleep medications can result in physical and psychological dependence, creating a cycle where patients find it increasingly difficult to discontinue use without experiencing withdrawal symptoms. This addiction potential complicates treatment regimens, as healthcare providers must balance the need for effective insomnia management with the risk of developing dependence on these drugs. As a result, both patients and healthcare professionals must navigate the complexities of managing insomnia while considering the long-term implications of medication use.

Lack of Long-Term Efficacy

Another significant challenge in treating insomnia is the lack of long-term efficacy of many sleep medications. Over time, patients may develop tolerance to these drugs, leading to diminished effectiveness and a phenomenon known as rebound insomnia, where symptoms worsen upon discontinuation. This cycle can result in a reliance on increasing dosages or transitioning to other medications, complicating treatment strategies. Additionally, many prescription medications are approved for only short-term use, leaving patients with few viable options for sustained treatment. As a consequence, individuals seeking relief from chronic insomnia may find themselves without effective long-term solutions, often leading to frustration and discouragement. The financial burden of treatment further exacerbates this issue, as both prescription medications and cognitive behavioral therapy (CBT-I) can be costly. While CBT-I is recognized as an effective intervention, its cost and the need for multiple therapy sessions can deter patients from pursuing this option, especially those without adequate insurance coverage. This convergence of issues—limited long-term options, financial constraints, and the evolving challenges of treatment adherence—highlights the pressing need for more sustainable and effective solutions in the management of insomnia.

Market Segmentation Analysis:

By Wavelength:

The insomnia treatment drugs market is segmented by wavelength, including 0.75 µm to 3 µm, 3 µm to 6 µm, and greater than 6 µm. Each wavelength range serves a specific purpose in the diagnostics and therapeutic applications related to insomnia. The 0.75 µm to 3 µm segment is primarily focused on shorter wavelengths, which are effective in monitoring sleep patterns and diagnosing sleep disorders through advanced imaging techniques. The 3 µm to 6 µm segment offers a broader range of applications, including gas analysis related to sleep quality, while wavelengths greater than 6 µm cater to specialized applications, such as thermal imaging. These variations in wavelength highlight the technological advancements in the treatment and understanding of insomnia, emphasizing the need for precision in sleep management.

By Type:

In terms of type, the market includes passive and active infrared (IR) sensors. Passive IR sensors are used to detect ambient temperature variations and monitor sleep environments without direct interaction, making them ideal for sleep studies. In contrast, active IR sensors provide real-time feedback and active monitoring capabilities, enhancing the ability to gather data on sleep quality and disturbances. The integration of these sensor types into insomnia treatment offers healthcare providers innovative tools to develop effective treatment plans tailored to individual needs, driving growth in this evolving market.

Segments:

Based on Wavelength

  • 0.75 µm to 3 µm
  • 3 µm to 6 µm
  • 6 µm

Based on Type

  • Passive IR Sensors
  • Active IR Sensors

Based on Mounting

  • Through-hole
  • SMT

Based on Application

  • Gas Analysis
  • Missile Guidance
  • Spectroscopy
  • Temperature Measurement
  • Meteorology
  • Others (Medical Imaging, Security & Surveillance, etc.)

Based on End-use Industry

  • Consumer Electronics
  • Aerospace & Defense
  • Oil & Gas
  • Automotive
  • Metal & Mining
  • Pharmaceutical
  • Industrial
  • Others (Healthcare, Building & Construction, etc.)

Based on the Geography:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of the Middle East and Africa

Regional Analysis

North America

In North America, the insomnia treatment drugs market holds a significant share, accounting for approximately 40% of the global market. This dominance is primarily driven by the high prevalence of insomnia and increased healthcare spending in the region. The rising awareness of sleep disorders and the availability of effective treatment options, including both prescription and over-the-counter drugs, further bolster market growth. Additionally, the presence of leading pharmaceutical companies and advanced healthcare infrastructure contributes to the robust development and distribution of insomnia treatment medications. With ongoing public health campaigns aimed at promoting better sleep hygiene and the importance of addressing insomnia, North America is poised for continued growth in this sector.

Asia-Pacific

In contrast, the Asia-Pacific region is emerging as a significant player in the insomnia treatment drugs market, currently holding about 25% of the global market share. This growth can be attributed to the rapidly increasing population and a corresponding rise in awareness of mental health issues, including sleep disorders. Countries such as China and India are witnessing a surge in demand for effective insomnia treatments due to changing lifestyles, increased stress levels, and a growing aging population. Furthermore, the region’s expanding healthcare infrastructure and the development of innovative therapies are expected to enhance access to insomnia treatment options. As mental health gains more attention, the Asia-Pacific region is likely to experience substantial growth in the insomnia treatment drugs market, fostering a competitive environment that encourages advancements in drug development and delivery.

Key Player Analysis

  • Amphenol Corporation
  • Hamamatsu Photonics K.K.
  • Honeywell International Inc.
  • InfraTec GmbH
  • Raytheon Company
  • Murata Manufacturing Co., Ltd
  • KEMET Electronics Corporation (Yageo Group)
  • Flir Systems, Inc.
  • Teledyne Technologies
  • STMicroelectronics
  • Excelitas Technologies
  • Omron Corporation
  • Texas Instruments Incorporated

Competitive Analysis

The competitive landscape of the insomnia treatment drugs market is characterized by the presence of several key players striving to innovate and capture market share. Leading companies such as Jazz Pharmaceuticals, Pfizer Inc., Merck KGaA, GlaxoSmithKline, Aurobindo Pharma, and others are engaged in developing advanced therapeutic options to address the growing demand for effective insomnia treatments. These players are investing significantly in research and development to introduce novel drugs with improved efficacy and safety profiles. Strategic collaborations and partnerships are also common, enabling companies to enhance their product offerings and market reach. Additionally, the focus on personalized medicine and the development of non-pharmacological treatments are shaping competitive strategies, allowing these companies to address diverse patient needs while maintaining regulatory compliance. The competition in this market is expected to intensify as players strive to leverage technological advancements and respond to changing consumer preferences.

Recent Developments

  • In June 2024, Obsidian Sensors, known for its thermal image sensor technology, received an undisclosed investment from Himax Technologies. The two companies are collaborating to develop an advanced thermal vision solution, combining Himax’s “WiseEye” AI processing capabilities with Obsidian’s thermal imaging know-how. Himax aims for this solution to improve detection in tough environments, boosting accuracy and reliability for various applications, including industrial operations, automotive safety and autonomy, and security systems.
  • In March 2024, InfraTec launched the LIM‐082, introducing a beam splitter detector housed in a TO39 casing and operating in current mode. This latest addition to the PYROMID series features an internal beam splitter and comes with an integrated operational amplifier. The PYROMID series is distinguished by its miniaturized multi‐channel detectors, which are both compact and highly integrated. Certain detectors in the series are enhanced with integrated reflection beam splitters made from highly reflective, gold‐plated microstructures.
  • In February 2023, Hamamatsu Photonics launched a new InAsSb photovoltaic detector (P16702-011MN), which comes with a preamplifier offering high sensitivity to mid-infrared light, up to 11 micrometers in wavelength. These features make the detector a perfect alternative for portable gas analyzers.
  • In December 2022, Leonardo DRS will give US Army third-generation FLIR sensors. The FLIR Dewar Cooler Bench (DCB) long-range sensor will begin low-rate initial production as part of this contract. The US Army is getting new infrared sensors. Next-generation FLIR sights will be made possible by the DCB sensor, which will support the conversion of infrared radiation into video images. It will provide several range and resolution improvements to boost situational awareness, particularly in contested battlefield settings or inclement weather.
  • In November 2022, Excelitas Technologies Corporation announced the medical-grade TPiS 1T1386 L5.5H Thermopile Sensor. The product provides high-temperature accuracy, configurable “Threshold” Functions, and the Lowest Power Consumption while used for remote skin-temperature measurement applications and temperature control of gases and liquids in medical applications.
  • In October 2022, Tactical Air Support Inc. (Tactical Air) collaborated with Lockheed Martin and completed initial flight testing of TacIRSTTM, a new class of embedded, long-range infrared search-and-track sensors (IRST). This step made Tactical Air’s F-5 Advanced Tiger the first fighter aircraft to fly and test TacIRST as part of the company’s ongoing joint developmental program. Integrating tactical air infrared search-and-track sensors is critical to the evolution of its F-5AT advanced threat replication system supporting the U.S. Air Force adversary contracts and the U.S. Navy.

Market Concentration & Characteristics

The insomnia treatment drugs market exhibits moderate concentration, characterized by a mix of established pharmaceutical giants and emerging players. Major companies, such as Jazz Pharmaceuticals, Pfizer Inc., and Merck KGaA, dominate the landscape, leveraging extensive research and development resources to innovate and enhance their product portfolios. These key players invest significantly in clinical trials and regulatory compliance to introduce effective insomnia treatments that cater to diverse patient needs. The market is also witnessing an influx of smaller companies focused on niche therapies and non-pharmacological solutions, such as cognitive behavioral therapy for insomnia (CBT-I). This diversification of treatment options reflects a growing recognition of the importance of individualized patient care. Additionally, the market is characterized by increasing collaboration between pharmaceutical companies and technology firms, leading to the development of digital health solutions that enhance treatment adherence and patient outcomes. As a result, the insomnia treatment drugs market is evolving to meet the dynamic demands of healthcare providers and patients alike.Top of Form

Shape Your Report to Specific Countries or Regions & Enjoy 30% Off!

Report Coverage

The research report offers an in-depth analysis based on Wavelength, Type, Mounting, Application, End-Use Industry and Geography. It details leading market players, providing an overview of their business, product offerings, investments, revenue streams, and key applications. Additionally, the report includes insights into the competitive environment, SWOT analysis, current market trends, as well as the primary drivers and constraints. Furthermore, it discusses various factors that have driven market expansion in recent years. The report also explores market dynamics, regulatory scenarios, and technological advancements that are shaping the industry. It assesses the impact of external factors and global economic changes on market growth. Lastly, it provides strategic recommendations for new entrants and established companies to navigate the complexities of the market.

Future Outlook

  1. The insomnia treatment drugs market is poised for substantial growth due to rising prevalence rates.
  2. Increased public awareness of the health risks associated with untreated insomnia will boost demand for effective treatments.
  3. Continuous advancements in pharmaceutical research will lead to the development of novel drug therapies.
  4. Non-drug therapies, particularly cognitive behavioral therapy, will become more widely adopted as complementary treatment options.
  5. The integration of digital health technologies will enhance patient monitoring and support adherence to treatment plans.
  6. Personalized treatment strategies will gain traction, catering to the specific needs of individual patients.
  7. Regulatory bodies will focus on ensuring the safety and efficacy of insomnia medications through rigorous evaluation processes.
  8. An aging global population will contribute to increased demand for insomnia treatment solutions.
  9. Partnerships between healthcare providers and technology companies will foster innovation in insomnia management.
  10. Efforts to destigmatize sleep disorders will encourage more people to seek help and improve overall treatment outcomes.

1. Introduction
1.1. Report Description
1.2. Purpose of the Report
1.3. USP & Key Offerings
1.4. Key Benefits for Stakeholders
1.5. Target Audience
1.6. Report Scope
1.7. Regional Scope

2. Scope and Methodology
2.1. Objectives of the Study
2.2. Stakeholders
2.3. Data Sources
2.3.1. Primary Sources
2.3.2. Secondary Sources
2.4. Market Estimation
2.4.1. Bottom-Up Approach
2.4.2. Top-Down Approach
2.5. Forecasting Methodology

3. Executive Summary

4. Introduction
4.1. Overview
4.2. Key Industry Trends

5. Global Infrared Sensors Market
5.1. Market Overview
5.2. Market Performance
5.3. Impact of COVID-19
5.4. Market Forecast

6. Market Breakup By Wavelength
6.1. 0.75 µm to 3 µm
6.1.1. Market Trends
6.1.2. Market Forecast
6.1.3. Revenue Share
6.1.4. Revenue Growth Opportunity
6.2. 3 µm to 6 µm
6.2.1. Market Trends
6.2.2. Market Forecast
6.2.3. Revenue Share
6.2.4. Revenue Growth Opportunity
6.3. 6 µm
6.3.1. Market Trends
6.3.2. Market Forecast
6.3.3. Revenue Share
6.3.4. Revenue Growth Opportunity

7. Market Breakup By Type
7.1. Passive IR Sensors
7.1.1. Market Trends
7.1.2. Market Forecast
7.1.3. Revenue Share
7.1.4. Revenue Growth Opportunity
7.2. Active IR Sensors
7.2.1. Market Trends
7.2.2. Market Forecast
7.2.3. Revenue Share
7.2.4. Revenue Growth Opportunity

8. Market Breakup By Mounting
8.1. Through-hole
8.1.1. Market Trends
8.1.2. Market Forecast
8.1.3. Revenue Share
8.1.4. Revenue Growth Opportunity
8.2. SMT
8.2.1. Market Trends
8.2.2. Market Forecast
8.2.3. Revenue Share
8.2.4. Revenue Growth Opportunity

9. Market Breakup By Application
9.1. Gas Analysis
9.1.1. Market Trends
9.1.2. Market Forecast
9.1.3. Revenue Share
9.1.4. Revenue Growth Opportunity
9.2. Missile Guidance
9.2.1. Market Trends
9.2.2. Market Forecast
9.2.3. Revenue Share
9.2.4. Revenue Growth Opportunity
9.3. Spectroscopy
9.3.1. Market Trends
9.3.2. Market Forecast
9.3.3. Revenue Share
9.3.4. Revenue Growth Opportunity
9.4. Temperature Measurement
9.4.1. Market Trends
9.4.2. Market Forecast
9.4.3. Revenue Share
9.4.4. Revenue Growth Opportunity
9.5. Meteorology
9.5.1. Market Trends
9.5.2. Market Forecast
9.5.3. Revenue Share
9.5.4. Revenue Growth Opportunity
9.6. Others (Medical Imaging, Security & Surveillance, etc.)
9.6.1. Market Trends
9.6.2. Market Forecast
9.6.3. Revenue Share
9.6.4. Revenue Growth Opportunity

10. Market Breakup By End-use Industry
10.1. Consumer Electronics
10.1.1. Market Trends
10.1.2. Market Forecast
10.1.3. Revenue Share
10.1.4. Revenue Growth Opportunity
10.2. Aerospace & Defense
10.2.1. Market Trends
10.2.2. Market Forecast
10.2.3. Revenue Share
10.2.4. Revenue Growth Opportunity
10.3. Oil & Gas
10.3.1. Market Trends
10.3.2. Market Forecast
10.3.3. Revenue Share
10.3.4. Revenue Growth Opportunity
10.4. Automotive
10.4.1. Market Trends
10.4.2. Market Forecast
10.4.3. Revenue Share
10.4.4. Revenue Growth Opportunity
10.5. Metal & Mining
10.5.1. Market Trends
10.5.2. Market Forecast
10.5.3. Revenue Share
10.5.4. Revenue Growth Opportunity
10.6. Pharmaceutical
10.6.1. Market Trends
10.6.2. Market Forecast
10.6.3. Revenue Share
10.6.4. Revenue Growth Opportunity
10.7. Industrial
10.7.1. Market Trends
10.7.2. Market Forecast
10.7.3. Revenue Share
10.7.4. Revenue Growth Opportunity
10.8. Others (Healthcare, Building & Construction, etc.)
10.8.1. Market Trends
10.8.2. Market Forecast
10.8.3. Revenue Share
10.8.4. Revenue Growth Opportunity

11. Market Breakup by Region
11.1. North America
11.1.1. United States
11.1.1.1. Market Trends
11.1.1.2. Market Forecast
11.1.2. Canada
11.1.2.1. Market Trends
11.1.2.2. Market Forecast
11.2. Asia-Pacific
11.2.1. China
11.2.2. Japan
11.2.3. India
11.2.4. South Korea
11.2.5. Australia
11.2.6. Indonesia
11.2.7. Others
11.3. Europe
11.3.1. Germany
11.3.2. France
11.3.3. United Kingdom
11.3.4. Italy
11.3.5. Spain
11.3.6. Russia
11.3.7. Others
11.4. Latin America
11.4.1. Brazil
11.4.2. Mexico
11.4.3. Others
11.5. Middle East and Africa
11.5.1. Market Trends
11.5.2. Market Breakup by Country
11.5.3. Market Forecast

12. SWOT Analysis
12.1. Overview
12.2. Strengths
12.3. Weaknesses
12.4. Opportunities
12.5. Threats

13. Value Chain Analysis

14. Porters Five Forces Analysis
14.1. Overview
14.2. Bargaining Power of Buyers
14.3. Bargaining Power of Suppliers
14.4. Degree of Competition
14.5. Threat of New Entrants
14.6. Threat of Substitutes

15. Price Analysis

16. Competitive Landscape
16.1. Market Structure
16.2. Key Players
16.3. Profiles of Key Players
16.3.1. Amphenol Corporation
16.3.1.1. Company Overview
16.3.1.2. Product Portfolio
16.3.1.3. Financials
16.3.1.4. SWOT Analysis
16.3.2. Hamamatsu Photonics K.K.
16.3.2.1. Company Overview
16.3.2.2. Product Portfolio
16.3.2.3. Financials
16.3.2.4. SWOT Analysis
16.3.3. Honeywell International Inc.
16.3.3.1. Company Overview
16.3.3.2. Product Portfolio
16.3.3.3. Financials
16.3.3.4. SWOT Analysis
16.3.4. InfraTec GmbH
16.3.4.1. Company Overview
16.3.4.2. Product Portfolio
16.3.4.3. Financials
16.3.4.4. SWOT Analysis
16.3.5. Raytheon Company
16.3.5.1. Company Overview
16.3.5.2. Product Portfolio
16.3.5.3. Financials
16.3.5.4. SWOT Analysis
16.3.6. Murata Manufacturing Co., Ltd
16.3.6.1. Company Overview
16.3.6.2. Product Portfolio
16.3.6.3. Financials
16.3.6.4. SWOT Analysis
16.3.7. KEMET Electronics Corporation (Yageo Group)
16.3.7.1. Company Overview
16.3.7.2. Product Portfolio
16.3.7.3. Financials
16.3.7.4. SWOT Analysis
16.3.8. Flir Systems, Inc.
16.3.8.1. Company Overview
16.3.8.2. Product Portfolio
16.3.8.3. Financials
16.3.8.4. SWOT Analysis
16.3.9. Teledyne Technologies
16.3.9.1. Company Overview
16.3.9.2. Product Portfolio
16.3.9.3. Financials
16.3.9.4. SWOT Analysis
16.3.10. STMicroelectronics
16.3.10.1. Company Overview
16.3.10.2. Product Portfolio
16.3.10.3. Financials
16.3.10.4. SWOT Analysis
16.3.11. Excelitas Technologies
16.3.11.1. Company Overview
16.3.11.2. Product Portfolio
16.3.11.3. Financials
16.3.11.4. SWOT Analysis
16.3.12. Omron Corporation
16.3.12.1. Company Overview
16.3.12.2. Product Portfolio
16.3.12.3. Financials
16.3.12.4. SWOT Analysis
16.3.13. Texas Instruments Incorporated
16.3.13.1. Company Overview
16.3.13.2. Product Portfolio
16.3.13.3. Financials
16.3.13.4. SWOT Analysis

17. Research Methodology

Frequently Asked Question:

What is the current size of the Insomnia Treatment Drugs market?

The insomnia treatment drugs market is projected to grow from USD 736.4 million in 2024 to USD 1,823.29 million by 2032, reflecting an impressive growth rate of approximately 1823.29%.

What factors are driving the growth of the Insomnia Treatment Drugs market?

The market is primarily driven by the rising prevalence of sleep disorders, especially among the aging population, and increased awareness of mental health issues. Additionally, the demand for innovative, non-habit-forming medications is growing, along with a shift towards personalized medicine and advancements in digital health solutions.

What are the key segments within the Insomnia Treatment Drugs market?

The market is segmented by wavelength (0.75 µm to 3 µm, 3 µm to 6 µm, and greater than 6 µm), type (passive and active infrared sensors), mounting (through-hole and SMT), application (gas analysis, missile guidance, spectroscopy, temperature measurement, meteorology, and others), end-use industry (consumer electronics, aerospace & defense, oil & gas, automotive, and others), and geography.

What are some challenges faced by the Insomnia Treatment Drugs market?

The use of prescription sleep medications poses challenges due to the risk of side effects and potential addiction. Additionally, many sleep medications lack long-term efficacy, leading to tolerance and rebound insomnia, complicating treatment regimens for chronic insomnia sufferers.

Who are the major players in the Insomnia Treatment Drugs market?

Major companies leading the market include Jazz Pharmaceuticals, Pfizer Inc., Merck KGaA, GlaxoSmithKline, and Aurobindo Pharma, all of which are engaged in developing innovative drug therapies to address the growing demand for effective insomnia treatments.

Infrared Light Therapy Device Market

Published:
Report ID: 98234

Military Electro-Optical Infrared (EOIR) Systems Market

Published:
Report ID: 85659

Infrared Transparent Ceramics Market

Published:
Report ID: 84260

Infrared Search And Track (IRST) Systems Market

Published:
Report ID: 6608

Military Electro Optics Infrared Systems Market

Published:
Report ID: 68866

Infrared Emitter And Receiver Market

Published:
Report ID: 67937

Infrared Detectors Market

Published:
Report ID: 6566

Non-Dispersive Infrared (NDIR) Market

Published:
Report ID: 33420

Miniaturized Infrared Detector Market

Published:
Report ID: 8629

Specific Absorption Rate Test System Market

Published:
Report ID: 99791

3D Pedometer Market

Published:
Report ID: 1048

Wealth Management Software Market

Published:
Report ID: 11888

Vinyl Records Market

Published:
Report ID: 99505

Warehouse Management Systems Market

Published:
Report ID: 99520

Warehouse Automation Market

Published:
Report ID: 99517

Urban Farming Market

Published:
Report ID: 99501

Polypropylene for 3D Printing Market

Published:
Report ID: 99485

Poe Powered Device Controller Market

Published:
Report ID: 99482

Modular Container Data Center Market

Published:
Report ID: 99469

Mobile Device Rental Platform Market

Published:
Report ID: 99456

Metal Doors Market

Published:
Report ID: 99423

Purchase Options

The report comes as a view-only PDF document, optimized for individual clients. This version is recommended for personal digital use and does not allow printing.
$4699

To meet the needs of modern corporate teams, our report comes in two formats: a printable PDF and a data-rich Excel sheet. This package is optimized for internal analysis and multi-location access, making it an excellent choice for organizations with distributed workforce.
$5699

The report will be delivered in printable PDF format along with the report’s data Excel sheet. This license offers 100 Free Analyst hours where the client can utilize Credence Research Inc.’s research team. It is highly recommended for organizations seeking to execute short, customized research projects related to the scope of the purchased report.
$12699

Credence Staff 3

MIKE, North America

Support Staff at Credence Research

KEITH PHILLIPS, Europe

Lee - CR Sales Staff

LEE VALLANCE, Asia Pacific

Smallform of Sample request

Report delivery within 24 to 48 hours

– Other Info –

What people say?-

User Review

I am very impressed with the information in this report. The author clearly did their research when they came up with this product and it has already given me a lot of ideas.

Jana Schmidt
CEDAR CX Technologies

– Connect with us –

Phone

+91 6232 49 3207


support

24/7 Research Support


sales@credenceresearch.com

– Research Methodology –

Going beyond the basics: advanced techniques in research methodology

– Trusted By –

Pepshi, LG, Nestle
Motorola, Honeywell, Johnson and johnson
LG Chem, SIEMENS, Pfizer
Unilever, Samsonite, QIAGEN

Request Sample