What is Zaleplon Market?
Zaleplon is used on a short-term basis to treat insomnia (difficulty falling asleep). Zaleplon does not help you to stay asleep longer or decrease the number of times that you awaken during the night. Zaleplon is in a class of medications called hypnotics. It works by slowing activity in the brain to allow sleep. According to the research done by the National Institutes of Health, across the globe, 30% of the population is suffering from sleeping disorders. Further, the rise in the prevalence of insomnia across the globe, and a growing number of working population led to the rise in the stress level can lead to rising in the number of sleeping disorder cases is one of the major driving factors of the growth.
The market study is being classified by Type (5mg, 10mg and 20 mg) and major geographies with country level break-up.
Aurobindo Pharma (India), Cipla(India), Mylan Pharmaceuticals (New Zealand), Orchid Chemicals & Pharmaceuticals (India), Novartis (Switzerland), Teva Pharmaceuticals (Israel), Unichem Laboratories(India), Upsher Smith Laboratories(United States), Pfizer (United States) and Hikma Pharmaceuticals USA Inc. (United States) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that India and United States Players will contribute to the maximum growth of Global Zaleplon market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Zaleplon market by Type, Application and Region.
On the basis of geography, the market of Zaleplon has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increase in prevalence of anxiety, seizures, insomnia
- The rise in concern for the prevention of stress and related conditions
Market Trend
- Increasing research and development activities for creating options to treat sleeping disorders
Restraints
- Stringent regulations and low awareness rate
- The rise in demand for cost-effective alternative OTC sleep aids
Opportunities
- The rise in geriatric population, rise in the number of mental disorders, growing stress levels among the younger generation coupled with rising in chronic and long-lasting diseases such as cancers
Challenges
- Poor efficacy and safety profiles of drug
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Zaleplon Manufacturer, Government Regulatory and Research Organizations and End-Use Industry