![]() Technological Advancements: Continued advancements in sleep-assistance devices and digital health technologies offer opportunities for innovative sleep aid solutions.Įxpanding Geriatric Population: The aging population presents a significant opportunity for sleep aids manufacturers as older individuals are more susceptible to sleep-related issues. Opportunities for the sleep aids market include: Stressful Lifestyles: Modern lifestyles, including work-related stress and electronic device use before bedtime, have contributed to sleep disturbances, driving the demand for sleep aids.Īging Population: As the global population ages, the incidence of sleep-related issues tends to increase, contributing to the expansion of the sleep aids market. Growing Awareness of Sleep Health: Public awareness campaigns and educational initiatives have highlighted the importance of adequate sleep, leading to more people seeking sleep aids for improved sleep quality. Increasing Sleep Disorders: The prevalence of sleep disorders, such as insomnia, sleep apnea, and restless legs syndrome, has been on the rise, leading to a higher demand for sleep aids. The global sleep aids market has witnessed substantial growth due to several factors, including: ![]() Stay Ahead with Market Intelligence Get Free Sample Sleep aids offer a range of pharmaceuticals, over-the-counter medications, and sleep-assistance devices to help individuals achieve better sleep quality and quantity. However, various factors, such as stress, lifestyle changes, and medical conditions, can disrupt sleep patterns, leading to sleep disorders. Sleep is a vital physiological process essential for maintaining physical health, cognitive function, and emotional well-being. Additionally, the rising awareness about the importance of sleep and the availability of effective sleep aids are also driving the growth of the market. The growth of the market is driven by the increasing prevalence of sleep disorders, such as insomnia, sleep apnea, and restless legs syndrome. The market is expected to grow at a CAGR of 4.2% from 2022 to 2033. The global sleep aids market size is projected to reach USD 43.2 billion by 2033, according to a report by Persistence Market Research. ![]() ![]() 07, 2023 (GLOBE NEWSWIRE) - The global revenue from the sleep aids market stands at US$ 27.2 Billion in 2022. In 2014, it won the User Experience Award Silver Prize for Best Next-Generation Experience.Growing Prevalence of Sleep Disorders and Rising Disposable Incomes are factors driving the Global Sleep Aids Market Muse was nominated in 2019 in the 23rd Annual Webby Awards presented by the International Academy of Digital Arts and Sciences (IADAS) for Best in Apps, Mobile, and Voice: Connected Products & Wearables. Research projects utilizing Muse include understanding how decisions are made, measuring brain responses to cognitive task and different types of emotional or educational content, managing pain, detecting lapses in sustained attention, and determining how brain activity is impacted by age (Garten, A., n.d. MUSE reports reaching hundreds of thousands of users and being in over 200 research institutes worldwide, including MIT, Harvard, The Mayo Clinic, and Walter Reed Hospital. The Muse Research Tools available directly through InteraXon provide similar educational opportunities to work with raw EEG data. The original Muse headband works with the EEG 101 app-a free and open-source software currently available for Android devices-that helps students experientially understand the neuroscientific basis for how EEG technology works and the types of related data that can be visually represented. Muse 2, the most recent model, has additional features that track heart rate, breath rate, and posture. ![]() The app generates graphs and charts that allow users to review results and track progress. The Muse Meditation app works with the headset via Bluetooth, transmitting brainwave information to the user’s smartphone or tablet. If the sensors detect calmness, a user will hear calm nature sounds if the sensors detect restlessness, a user will hear stormy weather as encouragement to return to a calmer, more focused frame of mind. Seven electroencephalogram (EEG) headset sensors detect and measure the brain’s electrical activity during meditation and the app deciphers the data. Muse is a product of InteraXon Inc., a brain-sensing technology company launched in 2014 by co-founders Ariel Garten (psychotherapist), Chris Aimone (product developer), and Trevor Coleman (product designer). It is intended to develop sustained undistracted attention and promote calmness and relaxation. Muse is a neurofeedback-based app and wireless headset that offers “technology enhanced meditation” for the user through immediate audio feedback about their brain state. ![]()
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