Insomnia Therapeutics Market To Reach $3.74 Billion By 2030

Insomnia Therapeutics Market Growth & Trends

The global insomnia therapeutics market size is expected to reach USD 3.74 billion by 2030, registering a CAGR of 4.5% from 2025 to 2030, according to a new report by Grand View Research, Inc. The market is primarily driven by the presence of patented molecules, potential clinical pipeline candidates, rising stress level, and increase in geriatric population who find it difficult to fall asleep. Increase in prevalence of insomnia & awareness about this condition and availability of safer drugs are anticipated to fuel revenue growth.

Insomnia is estimated to affect approximately 35% of the global population. Different patterns of the condition include difficulty in sleep initiation and maintenance, which is generally accompanied with frequent awakenings & awakening too early with trouble sleeping again. Long-term insomnia can hamper everyday life, which may result in nonproductive work hours. If left untreated, this condition may lead to severe depression and nervous breakdown of the patient.

Factors influencing insomnia therapeutics market growth include rising stress level, presence of patented molecules in the market, potential drugs in clinical pipeline, introduction of technologically advanced medical devices, and growing geriatric population. Growing awareness about the impact of sleep deprivation on everyday life is anticipated to increase adoption rate of various treatments for insomnia, which is expected to lead to revenue growth of the insomnia therapeutics market.

Currently, widely adopted treatment options for insomnia include generic nonbenzodiazepines and antidepressants even though other novel agents such as orexin antagonists and melatonin antagonists are available in the market. Launch of Eisai’s Lemborexant is expected to cater to unmet medical needs in this segment and fuel growth of this market over the forecast period. According to United Nations (UN) report in 2015, population in the age group of 60 years and above is projected to grow by 56% and is expected to reach around 1.4 billion by 2030. These statistics indicate the growing geriatric population. Since this population base is more susceptible to sleep deprivation, the demand for insomnia therapeutics is anticipated to increase.

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Insomnia Therapeutics Market Report Highlights

• Benzodiazepines dominated the market and accounted for a share of 29.1% in 2024. Benzodiazepines are useful for insomnia associated with acute stress. Antidepressants are expected to grow lucratively over the forecast period. 

• Over-the-counter (OTC) led the market and accounted for a share of 61.6% in 2024, owing to the increasing number of patients with insomnia. Prescription therapeutics are projected to grow rapidly over the forecast period, fueled by the increasing awareness regarding drugs and their consumption amongst people.

• North America insomnia therapeutics market dominated the global market with a revenue share of 35.4% in 2024. Market growth in the region is due to the rising incidence of insomnia disorders, the increase in awareness levels, and high healthcare spending in this region.

• Asia Pacific insomnia therapeutics market is expected to register the fastest CAGR of 5.3% in the forecast period. Asia Pacific insomnia therapeutics market is anticipated to witness significant growth in the insomnia therapeutics market.

Insomnia Therapeutics Market Segmentation

Grand View Research has segmented the global insomnia therapeutics market report based on type, sales channel, and region:

Insomnia Therapeutics Type Outlook (Revenue, USD Million, 2018 - 2030)

• Benzodiazepines

• Nonbenzodiazepines

• Antidepressants

• Orexin Antagonists

• Melatonin Antagonists

• Others

Insomnia Therapeutics Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)

• Prescription

• Over-the Counter (OTC)

Insomnia Therapeutics Regional Outlook (Revenue, USD Million; 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

  • Denmark

  • Sweden

  • Norway

• APAC

  • Japan

  • China

  • India

  • Australia

  • South Korea

  • Thailand

• Latin America

  • Brazil

  • Argentina

• MEA

  • South Africa

  • Saudi Arabia

  • UAE

  • Kuwait

List of Key Players in the Insomnia Therapeutics Market

• Takeda Pharmaceutical Company Limited

• VANDA PHARMACEUTICALS

• Merck & Co., Inc.

• Pfizer Inc.

• Teva Pharmaceutical Industries Ltd.

• Mylan N.V. (Viatris Inc.)

• Sumitomo Pharma Co., Ltd.

• Sanofi

• Paratek Pharmaceuticals, Inc.

• Ebb Therapeutics (Kryo)