Sleep Patches Market Size, Share, Growth Analysis, By Ingredients(Chemical Ingredients, Natural Ingredients), By End User(Household, Commercial), By Distribution Channel(Supermarkets/Hypermarkets, Drug/Pharmacy stores, Online, Others), By Region - Industry Forecast 2024-2031

Sleep Patches Market Driver

Increasing Prevalence of Insomnia and Sleep Apnea to Drive Market Growth

• Sleep disorders affect an estimated 50 to 70 million people worldwide each year, with insomnia costing the US economy an estimated $62.2 billion in lost productivity. Sleep apnea is a serious medical condition in which a person's breathing is interrupted while sleeping. It can cause snoring, gasping, or choking sounds, as well as sleepless nights. According to the National Sleep Foundation, an estimated 18 million American adults suffer from sleep apnea, with 4% of middle-aged adults (ages 30-60) and 2% of older adults (ages 60+ also affected.
• Certain groups of people have higher numbers. For example, approximately 50% of people of African American ancestry have insomnia, and approximately 60% of people with a history of depression have sleep apnea. Sleep apnea is a condition in which people have pauses in their breathing while sleeping. This causes fatigue and, in some cases, daytime drowsiness. People are turning to sleep patches in response to this. Whereas a sleep patch can help people with insomnia and sleep apnea, it can also help people who have trouble sleeping due to stress or other factors. The device can track the user's breathing, heart rate, and body temperature while they sleep, providing insight into why they are having trouble sleeping.

Sleep Patches Market Restraint

Side Effects of Sleep Patches

• Sleep patches also contain substances that help people fall asleep, such as valerian, L-theanine, or GABA. Additionally, they could include substances like adhesives or compounds that make it easier for these sleep aids to be absorbed. The market for Sleep Patches would be hampered by some possible side effects while using it. Headaches, dizziness, irritability, temporary depressive feelings, and stomach cramps are all possible side effects.