Sleep Industry – Background

  • Somnology (Sleep study) is a recent field
  • Dr William C Dement founded the first sleep centre in Stanford University in 1970
  • 1990 National Sleep Foundation in the US was founded
  • There are 3500-4000 Sleep labs in the US
    • A record 65 million prescriptions for sleeping pills were written by U.S. physicians in 2007.
    • The insomnia market, valued at almost $3.9 billion in 2006 in the United States, Europe, and Japan combined, is expected to grow to more than $5.2 billion by 2011.

The results of the latest Sleep in America poll conclude that American’s only get 6 hours and 40 minutes of sleep per night on average.

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