North America Narcolepsy Market Trends, Size, Segment and Growth by Forecast
to 2030

North America narcolepsy market is anticipated to reach US$ 2,024.8 Mn in 2027
from US$ 919.6 Mn in 2018. The Narcolepsy market is expected to rise with a
CAGR of 9.3% from 2019-2027.

The narcolepsy market is estimated to grow due to
the key driving factors such as rising sleeping disorders and growing
pharmaceutical industry. However, the market is expected to face restraining
factors such as no cure treatment for narcolepsy

Narcolepsy is a disorder of chronic neurological disorder; the disorder impacts
the brain’s ability to control sleep and wake-up cycle. A person can get
affected by the disorder in childhood, young age, or in adulthood, which from
17 years to 25 years. The most widely seen symptoms seen are excessive daytime
sleepiness, cataplexy, sleep paralysis, and hallucinations. The disorder is a
frequent disorder among the people across the North American region and is the
second leading cause of excessive daytime sleepiness. According to the National
Organization for Rare Disorder, it is stated that the incidences of narcolepsy
are 1 in 2,000. Similarly, as per the National Institute of Neurological
Disorders and Stroke, it is estimated that across the United States, nearly
135,000 to 200,000 people are living narcolepsy.

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The rise in sleep disorders is impacting the working efficiency of people, and
it is also affecting the performance of children in the studies. Similarly, it
is affecting older people. The disorder increases the risk as the age grows,
and it may stop breathing activity during sleep time. According to the studies
published by Oxford Academics in April 2018, it is stated that the incidences
are widely seen among women. The study also stated that the incidences were
higher among the people between 21–30 years of age group. It is also expected
that narcolepsy is caused by environmental exposures before the age of
beginning in genetically inclined individuals.

It is expected that the incidences of sleep disorders are likely to grow in the
coming years. Sleep disorders have become a great concern among the people of
the North American region. Over 50 million people in the region are suffering
from more than 80 different sleep disorders, and nearly 20 to 30 million are
living with recurrent sleep disorders every year. Thus, rising sleeping
disorders are likely to demand treatment for narcolepsy, which will eventually
lead to the growth of the market in the coming future.

North America Narcolepsy Strategic Insights

Strategic insights for the North America Narcolepsy provides
data-driven analysis of the industry landscape, including current trends, key
players, and regional nuances. These insights offer actionable recommendations,
enabling readers to differentiate themselves from competitors by identifying
untapped segments or developing unique value propositions. Leveraging data
analytics, these insights help industry players anticipate the market shifts,
whether investors, manufacturers, or other stakeholders. A future-oriented
perspective is essential, helping stakeholders anticipate market shifts and
position themselves for long-term success in this dynamic region. Ultimately,
effective strategic insights empower readers to make informed decisions that
drive profitability and achieve their business objectives within the market.



North America Narcolepsy Report Scope

North America Narcolepsy Regional Insights

The geographic scope of the North America Narcolepsy refers
to the specific areas in which a business operates and competes. Understanding
local distinctions, such as diverse consumer preferences (e.g., demand for
specific plug types or battery backup durations), varying economic conditions,
and regulatory environments, is crucial for tailoring strategies to specific
markets. Businesses can expand their reach by identifying underserved areas or
adapting their offerings to meet local demands. A clear market focus allows for
more effective resource allocation, targeted marketing campaigns, and better
positioning against local competitors, ultimately driving growth in those
targeted areas.

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Author’s Bio
Akshay
Senior Market Research Expert at Business Market Insights