Sleeping Pills for Short-term Use Market size was valued at USD 4.5 Billion in 2024 and is projected to reach USD 6.8 Billion by 2033, exhibiting a CAGR of 5% from 2026 to 2033.
The global sleeping pills for short term use market was valued at approximately USD 3.5 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 5.2% from 2023 to 2030. North America held the largest share of the market in 2022, accounting for around 38% of the global market revenue, driven by a high prevalence of sleep disorders and increasing awareness regarding insomnia treatments. Europe followed closely, representing 30% of the market share, with countries like Germany, the UK, and France witnessing a steady demand for short term sleeping aids due to rising stress levels and sleep related conditions. The Asia Pacific region is expected to witness the fastest growth rate with a CAGR of 6.5%, driven by a growing geriatric population and an increasing focus on mental health awareness, alongside the rising adoption of over the counter (OTC) medications. Opportunities in the market lie in the growing trend of self medication, particularly in emerging markets where the affordability of prescription drugs remains a concern. The demand for non habit forming sleeping pills is also expected to fuel market expansion, especially in regions such as Latin America and the Middle East, where rising awareness of side effects from long term usage of sedatives is driving the shift toward safer alternatives. This market also presents substantial opportunities in online retail platforms and telemedicine services, especially in developed countries, as the convenience of purchasing medications remotely is becoming increasingly popular among consumers.
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Sanofi
Abbott Laboratories
Takeda Pharmaceutical
Apotex
Aurobindo Pharma
Actellon Pharmaceuticals
Allegiant Health
Cayman Chemical
Ambitropin
Hayao
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Sleeping Pills for Short-term Use Market
Prescription Sleeping Pills
Over-the-counter (OTC) Sleeping Pills
Tablets
Capsules
Liquid Formulations
Chewables
Z-drugs (e.g., Zolpidem, Zaleplon, Eszopiclone)
Melatonin and Melatonin Agonists
Antihistamines (e.g., Diphenhydramine, Doxylamine)
Benzodiazepines (e.g., Temazepam, Lorazepam)
Pharmacies
Online Stores
Supermarkets
Healthcare Institutions
Adults
Geriatrics
Patients with Chronic Insomnia
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Sleeping Pills for Short-term Use Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Sleeping Pills for Short-term Use Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Sleeping Pills for Short-term Use Market, By Type
6. Global Sleeping Pills for Short-term Use Market, By Application
7. Global Sleeping Pills for Short-term Use Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Sleeping Pills for Short-term Use Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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