Global Insomnia Therapeutics Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Treatment Type;
Benzodiazepines, Nonbenzodiazepines, Antidepressants, Orexin Antagonist, Melatonin Antagonist, and OthersBy Product;
Drugs and DeviceBy Route Of Administration;
Oral, Injectable, Transdermal, and IntranasalBy Distribution Channel;
Hospital Pharmacies, Retail Pharmacies, and E-CommerceBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)Introduction
Global Insomnia Therapeutics Market (USD Million), 2021 - 2031
Insomnia Therapeutics Market was valued at USD 6,290.35 million in the year 2024. The size of this market is expected to increase to USD 8,389.74 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.
Global Insomnia Therapeutics Market Growth, Share, Size, Trends and Forecast
*Market size in USD million
CAGR 4.2 %
Study Period | 2025 - 2031 |
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Base Year | 2024 |
CAGR (%) | 4.2 % |
Market Size (2024) | USD 6,290.35 Million |
Market Size (2031) | USD 8,389.74 Million |
Market Concentration | High |
Report Pages | 385 |
Major Players
- Takeda Pharmaceutical Company Ltd
- Vanda Pharmaceuticals
- Merck & Co Inc
- Pfizer Inc
- Teva Pharmaceutical Industries Ltd
- Mylan NV
- Sumitomo Dainippon Pharma Co Ltd
- Sanofi
- Paratek Pharmaceuticals Inc
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Global Insomnia Therapeutics Market
Fragmented - Highly competitive market without dominant players
The Insomnia Therapeutics Market is seeing rapid expansion as more individuals struggle with sleep-related disorders fueled by anxiety, work stress, and poor lifestyle routines. With over 30% of the population exhibiting insomnia symptoms, the push for reliable therapeutic solutions is stronger than ever. The rising concern for mental and sleep health is accelerating the adoption of targeted insomnia treatments.
Dominance of Prescription-Based Interventions
Prescription medications remain a cornerstone of insomnia management, contributing nearly 45% of the total treatment demand. Sedatives, hypnotics, and receptor modulators are gaining prominence due to their efficacy in regulating sleep cycles. Enhanced clinical validation and increased physician preference are supporting this trend.
Growing Shift Toward Behavioral Therapies
Therapeutic preference is expanding beyond drugs to include Cognitive Behavioral Therapy for Insomnia (CBT-I), which now features in over 25% of new treatment regimens. As awareness grows, CBT-I’s evidence-based approach is being increasingly delivered through digital platforms, ensuring greater accessibility and patient compliance.
Institutional Support Driving Market Uptake
Regulatory encouragement and proactive healthcare programs are helping embed insomnia screening and treatment into broader health initiatives. Over 40% of institutional care programs now feature sleep disorder components, ensuring early identification and continuous therapeutic support across the care continuum.
Global Insomnia Therapeutics Market Recent Developments
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February 2024, Nivasorexant (ACT-539313), the first selective orexin-1 receptor antagonist (SO1RA), was investigated during clinical trials.
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May 2022, Idorsia Ltd received marketing authorization from the European Commission for QUVIVIQ, which was indicated for the treatment of adult patients with insomnia characterized by symptoms present for at least three months and considerable impact on daytime functioning.
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January 2022, Idorsia received approval from the US Food and Drug Administration for QUVIVIQ 25 and 50 mg for the treatment of adults with insomnia, characterized by difficulties with sleep onset and/or sleep maintenance.
Segment Analysis
In this report, the Global Insomnia Therapeutics Market has been segmented by Treatment Type, Product, Sales Channel, Route of Administration, Distribution Channel, and Geography.
Global Insomnia Therapeutics Market, Segmentation by Treatment Type
The Global Insomnia Therapeutics Market has been segmented by Treatment Type into Benzodiazepines, Nonbenzodiazepines, Antidepressants, Orexin Antagonist, Melatonin Antagonist, Devices and Others.
Benzodiazepines
The Benzodiazepines segment commands approximately 30% of the global insomnia therapeutics market. These medications are known for their sedative and anxiolytic properties, making them a popular choice for short-term insomnia treatment. However, concerns over dependence and side effects limit their long-term use.
Nonbenzodiazepines
Nonbenzodiazepines represent about 25% of the market, offering similar benefits to benzodiazepines but with a lower risk of dependence. Their use continues to expand due to their improved safety profiles and better patient tolerability.
Antidepressants
The Antidepressants segment accounts for nearly 15% of the market. Certain antidepressants with sedative properties are used off-label for insomnia, particularly in patients with comorbid depression or anxiety. The segment is growing due to increased awareness of their dual therapeutic benefits.
Orexin Antagonist
With around 10% of the market, Orexin Antagonists target the brain’s wakefulness-promoting system, providing a novel treatment option for insomnia. Growth in this segment is supported by new drug approvals and continued clinical trials.
Melatonin Antagonist
Melatonin Antagonists hold approximately 8% of the market. These treatments help regulate circadian rhythms and are particularly beneficial for older adults and shift workers. Rising awareness of natural sleep aids is boosting this segment.
Devices
Devices make up nearly 7% of the market, with innovations such as sleep trackers, neurostimulators, and light therapy devices gaining traction for non-pharmacological treatment of insomnia. Technological advancements and growing consumer interest in wearable sleep solutions are driving this segment.
Others
The Others segment, contributing about 5% of the market, includes herbal supplements, cognitive behavioral therapy (CBT), and alternative therapies. The increasing integration of holistic approaches into mainstream treatment plans is fueling steady growth in this segment.
Global Insomnia Therapeutics Market, Segmentation by Product
The Global Insomnia Therapeutics Market has been segmented by Product into Drugs and Device.
Drugs
The Drugs segment leads the global insomnia therapeutics market, contributing approximately 85% of total revenue. This category covers a range of pharmaceutical options including benzodiazepines, nonbenzodiazepines, and orexin antagonists, which are commonly used to manage insomnia. The increasing prevalence of insomnia and continuous drug innovation are propelling growth in this segment.
Device
The Device segment makes up about 15% of the market. It includes sleep trackers, neurostimulators, and light therapy devices, offering non-pharmacological solutions for insomnia treatment. Growing adoption of digital health technologies and rising consumer awareness of sleep wellness are driving the expansion of this segment.
Global Insomnia Therapeutics Market, Segmentation by Sales Channel
The Global Insomnia Therapeutics Market has been segmented by Sales Channel into Prescription and Over-The-Counter (OTC).
Prescription
The Prescription segment commands approximately 70% of the global insomnia therapeutics market. This segment encompasses medications like benzodiazepines, nonbenzodiazepines, and antidepressants prescribed for chronic insomnia cases. Rising incidence of sleep disorders and increasing physician-recommended treatments are driving the growth of this segment.
Over-The-Counter (OTC)
The Over-The-Counter (OTC) segment contributes about 30% of the market. This category includes melatonin supplements, herbal remedies, and sleep aids available without a prescription. The segment’s growth is fueled by rising consumer awareness, a growing trend towards self-medication, and an increased preference for natural sleep solutions.
Global Insomnia Therapeutics Market, Segmentation by Route of Administration
The Global Insomnia Therapeutics Market has been segmented by Route of Administration into Oral, Injectable, Transdermal, and Intranasal.
Oral
The Oral segment dominates the global insomnia therapeutics market, capturing approximately 75% of the total share. This route, comprising tablets and capsules, is favored for its convenience, availability, and high patient compliance. Its widespread use continues to drive market growth.
Injectable
The Injectable segment holds about 10% of the market, providing fast onset of action in acute insomnia cases or for hospitalized patients. Growth is supported by increasing hospital-based procedures and expanding clinical applications.
Transdermal
The Transdermal segment accounts for nearly 10% of the market, using patches that deliver drugs through the skin for sustained release. Rising interest in non-oral delivery methods and improved patient adherence are contributing to this segment’s growth.
Intranasal
The Intranasal segment represents around 5% of the market, utilizing nasal sprays to provide rapid relief from insomnia. Innovations in intranasal delivery systems and the increasing need for immediate treatment options are driving this segment forward.
Global Insomnia Therapeutics Market, Segmentation by Distribution Channel
The Global Insomnia Therapeutics Market has been segmented by Distribution Channel into Hospital Pharmacies, Retail Pharmacies, and E-Commerce.
Hospital Pharmacies
The Hospital Pharmacies segment commands approximately 50% of the global insomnia therapeutics market. Hospitals provide prescription medications for both acute and chronic insomnia cases, ensuring patient compliance and physician oversight. Rising hospitalization rates continue to drive this segment’s growth.
Retail Pharmacies
Retail Pharmacies account for nearly 35% of the market, offering convenient access to prescription and OTC insomnia treatments. Increased consumer awareness and the expansion of retail networks are fueling growth in this segment.
E-Commerce
The E-Commerce segment holds about 15% of the market, fueled by the growing trend of online shopping for insomnia therapeutics. Factors like convenience, wider product availability, and discreet delivery options are contributing to the expansion of this segment.
Global Insomnia Therapeutics Market, Segmentation by Geography
In this report, the Global Insomnia Therapeutics Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Regions and Countries Analyzed in this Report
Global Insomnia Therapeutics Market Share (%), by Geographical Region, 2024
North America
North America dominates the global insomnia therapeutics market with approximately 40% share. Growth is driven by high insomnia prevalence, advanced healthcare infrastructure, and extensive awareness campaigns. The United States remains a key player in this region.
Europe
Europe contributes around 30% of the market, supported by robust healthcare infrastructure, proactive government mental health initiatives, and rising insomnia diagnosis rates. Leading countries include Germany, France, and the UK.
Asia Pacific
Asia Pacific accounts for nearly 20% of global market share, fueled by growing population, increasing awareness of sleep health, and rising disposable income. Key contributors are China, India, and Japan.
Middle East and Africa
Middle East and Africa represent about 5% of the market. Enhanced healthcare facilities, growing health awareness, and proactive government mental health programs are driving growth, particularly in GCC countries.
Latin America
Latin America holds nearly 5% of the market, supported by expanding healthcare infrastructure, rising sleep disorder cases, and increasing public-private partnerships. Key markets include Brazil and Mexico.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Insomnia Therapeutics Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces—Drivers, Restraints, and Opportunities—affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
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Drivers | High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development |
Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Increasing prevalence of insomnia
- Growing geriatric population
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Heightened awareness about treatment options - The rise in awareness about treatment options is significantly driving the growth of the insomnia therapeutics market. Increased public access to medical information, mental health education campaigns, and digital health platforms have helped individuals recognize the symptoms and long-term effects of sleep disorders. This shift in perception has encouraged more patients to seek medical help, thereby increasing demand for both pharmacological and non-pharmacological therapies.
Moreover, healthcare professionals and institutions are actively promoting sleep hygiene education, screening programs, and personalized treatment plans. The availability of online consultations, sleep tracking apps, and targeted advertising for sleep aids has furth
Restraints
- Adverse treatment side effects
- Therapeutic dependency risk
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Stringent regulatory barriers - The presence of stringent regulatory barriers poses a major challenge to the growth of the insomnia therapeutics market. Regulatory bodies such as the FDA and EMA enforce rigorous approval processes for new drugs, requiring extensive clinical trials to validate safety, efficacy, and long-term impact. This significantly increases development timelines and research costs, discouraging smaller companies and delaying the introduction of potentially innovative therapies.
Additionally, insomnia medications often face tighter scrutiny due to concerns about addiction, dependency, and side effects, especially with long-term use. As a result, companies must meet more demanding criteria for risk-benefit assessment, labeling, and post-market surveillance. These regulatory complexities reduce the pace of product launches and limit the availability of advanced therapeutic options in certain regions, ultimately restraining market expansion.
Opportunities
- Emerging innovative treatment options
- Advancements in medical technology
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Growth in personalized medicine - The growing adoption of personalized medicine presents a significant opportunity for the insomnia therapeutics market. By leveraging patient-specific factors such as genetic makeup, lifestyle habits, and comorbid conditions, healthcare providers can offer tailored treatment plans that improve efficacy and reduce side effects. This targeted approach addresses the limitations of one-size-fits-all medications, especially in cases where patients show resistance or sensitivity to conventional therapies.
With advancements in pharmacogenomics and digital health tools, personalized insomnia treatments are becoming more accessible and data-driven. Devices that monitor sleep patterns and AI-enabled platforms are enabling real-time adjustments to treatment regimens. As patient awareness and clinical research grow, the shift toward precision care is expected to expand the market for customized and non-traditional therapeutic solutions.
Competitive Landscape Analysis
Key players in Global Insomnia Therapeutics Market include:
- Takeda Pharmaceutical Company Ltd
- Vanda Pharmaceuticals
- Merck & Co Inc
- Pfizer Inc
- Teva Pharmaceutical Industries Ltd
- Mylan NV
- Sumitomo Dainippon Pharma Co Ltd
- Sanofi
- Paratek Pharmaceuticals Inc
In this report, the profile of each market player provides following information:
- Company Overview
- Market Share Analysis
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Treatment Type
- Market Snapshot, By Product
- Market Snapshot, By Route Of Administration
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Insomnia Therapeutics Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing prevalence of insomnia
- Growing geriatric population
- Heightened awareness about treatment options
- Restraints
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Adverse treatment side effects
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Therapeutic dependency risk
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Stringent regulatory barriers
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- Opportunities
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Emerging innovative treatment options
Advancements in medical technology
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Growth in personalized medicine
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Insomnia Therapeutics Market, By Treatment Type, 2021 - 2031 (USD Million)
- Benzodiazepines
- Nonbenzodiazepines
- Antidepressants
- Orexin Antagonist
- Melatonin Antagonist
- Others
- Global Insomnia Therapeutics Market, By Product, 2021 - 2031 (USD Million)
- Drugs
- Device
- Global Insomnia Therapeutics Market, By Route Of Administration, 2021 - 2031 (USD Million)
- Oral
- Injectable
- Transdermal
- Intranasal
- Global Insomnia Therapeutics Market, By Distribution Channel, 2021 - 2031 (USD Million)
- Hospital Pharmacies
- Retail Pharmacies
- E-Commerce
- Global Insomnia Therapeutics Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Insomnia Therapeutics Market, By Treatment Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Takeda Pharmaceutical Company Ltd
- Vanda Pharmaceuticals
- Merck & Co Inc
- Pfizer Inc
- Teva Pharmaceutical Industries Ltd
- Mylan NV
- Sumitomo Dainippon Pharma Co Ltd
- Sanofi
- Paratek Pharmaceuticals Inc
- Company Profiles
- Analyst Views
- Future Outlook of the Market