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Sleeping Aids Market to Surpass $162.5 Billion Revenue by 2030: P&S Intelligence

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With the rising incidence of obstructive sleep apnea and insomnia, the global sleeping aids market would reach $162.5 billion by 2030, according to the study published by P&S Intelligence. The market, which was worth $78.7 billion in 2019, would witness a CAGR of 7.1% between 2020 and 2030. The American Sleep Apnea Foundation says that sleep disorders, among which insomnia and OSA are the most common, affect 20 to 30 million people in the U.S. each year.

Moreover, government efforts to help people with such health issues are also helping the sleeping aids market grow. As per the Office of Health Economics for the British Lung Foundation, high awareness about OSA and strong focus on its diagnosis and treatment could reduce road accidents by up to 40,000 in the U.K. An array of products and drugs are used for the treatment of these sleep disorders, thereby driving the industry.

Get the sample copy this report @ https://www.psmarketresearch.com/market-analysis/sleeping-aids-market/report-sample

Like many others, the sleeping aids market is also being negatively impacted by the COVID-19 pandemic, due to the low manufacturing output, trade, and supply of associated products. Moreover, even the ports are operating below their actual capacity, which has further led to the low supply of sleeping aids.

In the coming years, the mattresses and pillows category, under the offering segment, will continue holding the largest sleeping aids market share. This is ascribed to the fact that a wide variety of mattresses and pillows are available in an equally wide budget range. Moreover, several local and globally operating companies offer these products, which leads to their higher sales than other sleeping aids.

Browse report with detailed TOC on Sleeping Aids Market Research Report: By Offering (Mattresses and Pillows, Sleep Laboratory Services, Medication, Sleep Apnea Devices), Sleep Disorder (Insomnia, Sleep Apnea, Restless Legs Syndrome, Narcolepsy, Sleep Walking) – Global Industry Analysis and Growth Forecast to 2030 @ https://www.psmarketresearch.com/market-analysis/sleeping-aids-market

The sleep apnea category, based on sleep disorder, is expected to witness the fastest growth in the sleeping aids market during this decade, at a CAGR of 7.6%. This would be a result of the high incidence of this disorder, as well as the increasing awareness about it and the various treatment options available. A July 2020 article on the News Medical Lifesciences portal says that most sleep apnea cases remain undiagnosed due to mild symptoms and lack of diagnosticians. In order to tackle the issue, several companies are coming up with mobile applications that can track people’s snoring by utilizing smartwatch sensors or smartphone microphones.

North America presently dominates the sleeping aids market, owing to the surging healthcare expenditure, growing sleep disorder incidence, public and private support and initiatives for raising the sleep hygiene and disorder awareness, and advanced healthcare infrastructure.

In order to give themselves a better chance of growth, companies operating in the sleeping aids market are working with each other on:

  • Ascertaining the ability of their products to provide a sound sleep
  • Studying the effects of undiagnosed and untreated sleep apnea on a person’s health and finances
  • Development of better products and software, to identify, diagnose, and treat sleep disorders
  • Offering a wider range of food supplements and over-the-counter (OTC) medicines
  • Providing contact-free health and sleep monitors for people to track heart rate, respiratory rate, sleep cycles, and stress levels

The most prominent players in the global sleeping aids market are Merck & Co. Inc., Sanofi, Pfizer Inc., Koninklijke Philips N.V., Cadwell Industries Inc., SleepMed Inc., Drive DeVilbiss Healthcare, Natus Medical Incorporated, Compumedics Limited, Takeda Pharmaceutical Company Limited, GlaxoSmithKline plc, Tempur Sealy International Inc., ResMed Inc., Serta Simmons Bedding LLC, Löwenstein Medical GmbH & Co. KG, Fisher & Paykel Healthcare Limited, SomnoMed Limited, BMC Medical Co. Ltd., and BRAEBON Medical Corporation.

Artificial Intelligence

Aetina Accelerates Embedded AI with High-performance, Small Form-factor Aetina IA380E-QUFL Graphics Card

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TAIPEI, April 25, 2024 /PRNewswire/ — Aetina, a leading Edge AI solution provider, announced the launch of the Aetina IA380E-QUFL at Embedded World 2024 in Nuremberg, Germany. This groundbreaking product is a small form factor PCIe graphics card powered by the high-performance Intel Arc A380E GPU. 

Unmatched Power in a Compact Design
The Aetina IA380E-QUFL delivers workstation-level performance packed into a low-profile, single-slot form factor. This innovative solution consumes only 50W, making it ideal for space and power-constrained edge computing environments. Embedded system manufacturers and integrators can leverage the power of 4.096 TFLOPs peak FP32 performance delivered by the Intel Arc A380E GPU[1].
Beyond Small Size: Big Capabilities
Despite its compact size, the IA380E-QUFL offers native support for 4 mini-DisplayPort outputs and 6GB of GDDR6 memory, enabling the connection of multiple high-resolution displays (UHD). This makes the IA380E-QUFL an excellent choice for a wide range of applications, including commercial gaming, video walls, medical imaging, and visual inference for smart cities.
“The demand for slim and energy-efficient AI systems is rapidly escalating,” said Jackal Chen, Senior Product Manager at Aetina. “The Aetina IA380E-QUFL addresses this need head-on, offering a powerful GPU solution in a compact, single-slot form factor with minimal power consumption. This empowers developers to create powerful and efficient edge systems for a wide range of applications.”.
Unparalleled Commitment: 5-Year Product Supply
Acknowledging the critical need for long-term product stability in industrial applications, Aetina ensures a 5-year product supply for the Aetina IA380E-QUFL, which streamlines system roadmaps and reduces the need for costly redesign. Our commitment is aligned with Intel’s announced product plans for the Intel Arc A380E GPU.[1]
[1]https://www.intel.com/content/www/us/en/content-details/820389/intel-arc-gpu-for-the-edge-public-30-3-30.html?wapkw=Intel%20Arc%20GPU%2030-3-30&DocID=820389 Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.
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Artificial Intelligence

IG Canada Announces Enhanced Trading Platform for Enhanced User Experience

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Meta description : Explore IG Canada’s advanced trading platform, educational resources, and robust security features. Achieve your trading goals with the innovative tools.
NOTTINGHAM, England, April 25, 2024 /PRNewswire/ — IG Canada, a premier online trading platform, is pleased to announce significant enhancements to its trading technology, designed to empower both novice and experienced traders with superior tools and resources. This development is part of IG Canada’s commitment to providing the best trading experience in the Canadian market.

IG Canada has upgraded its platform with advanced features that streamline trading processes and improve the accuracy of trade execution. These enhancements include customizable charts, a wider range of indicators, and improved mobile access, ensuring traders can operate efficiently from anywhere at any time.
Recognizing the importance of education in trading success, IG Canada has expanded its educational resources. The brokerage now offers a comprehensive learning center featuring webinars, tutorials, and articles that cater to various skill levels. These resources are designed to help traders develop robust trading strategies and improve their market knowledge.
Security remains a top priority for IG Canada. The latest updates include enhanced encryption and multi-factor authentication to protect client data and funds. These security measures provide peace of mind for traders, knowing their investments are safeguarded against potential threats.
IG Canada is a leading online brokerage that provides trading services across multiple asset classes, including forex, stocks, commodities, and indices. With a focus on innovation and customer service, IG Canada is committed to helping Canadian traders achieve their investment goals through a transparent and efficient trading environment.
In addition, IG Canada is committed to engaging with the community through upcoming webinars, live events, and partnerships with local financial experts. These initiatives are designed not only to support the growth and education of the clients but also to foster a stronger, more connected trading community in Canada.
Press Contact:Contact Name: Timothy C. SherwinEmail: [email protected] Phone: +447 441425053

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Artificial Intelligence

Sentrycs Now Part of the UK National Protective Security Authority Catalog of Security Equipment

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This inclusion into the NPSA CSE marks a significant milestone in the company’s commitment to enhancing national and international airspace security and to leading the C-UAS market toward multi-layer strategy optimization and excellence.
TEL-AVIV, Israel, April 25, 2024 /PRNewswire/ — Sentrycs, a leading innovator in adaptive counter-drone solutions, is proud to announce its inclusion in the prestigious UK National Protective Security Authority Catalogue of Security Equipment (NPSA CSE).
 
Following a rigorous assessment process, Sentrycs’ cutting-edge Counter Unmanned Aerial Systems (C-UAS) solution has met the high standards set by the NPSA for Detection, Tracking, and Identification (DTI). The testing, conducted at the NPSA’s designated testing facilities in August 2023, rigorously evaluated the Sentrycs system against the NPSA’s DTI Testing and Evaluation Standard v3.1.
Sentrycs elected to be assessed under Configuration D as a 3D system with Ground Control Station (GCS) detection capability and platform identification capability, which is the most demanding test scenario with the highest number of scored parameters.
The Sentrycs system demonstrated exceptional capabilities in various security scenarios, showcasing its robustness in detecting and tracking with high accuracy and zero false alarms. The system’s innovative use of cyber techniques to extract data from targets and its streamlined human-machine interface were especially noted for their efficiency and ease of use.
“Our team is proud to have Sentrycs recognized by the UK National Protective Security Authority,” said Yoav Zaltzman, CEO of Sentrycs. “Being listed in the CSE is not just an honor; it’s a testament to our technology’s reliability and effectiveness in contributing to the ever-changing airspace security landscape.”
Sentrycs’ technology is now accessible through the NPSA CSE, providing security practitioners with verified solutions that meet the UK’s rigorous security standards. This inclusion not only underscores Sentrycs’ role in advancing security technology but also enhances its visibility and credibility on a global stage.
For more details on Sentrycs’ solutions and their impact, visit www.sentrycs.com.
For further information regarding the NPSA and the Catalog of Security Equipment, please visit the NPSA’s official website.
About Sentrycs
Sentrycs is a leader in adaptive counter-drone solutions, supported by innovative technology designed to passively identify, mitigate, and where necessary, intercept unauthorized drones custom-built for various environments – including airports, borders, prisons, critical infrastructure, and mass events. Founded in 2017, Sentrycs’ has offices in Israel and the US, serving customers worldwide. By uniting its field-proven technology and expertise in global drone environments, Sentrycs is leading the way towards a safer and more secure drone-driven future. Learn more at www.sentrycs.com
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