Sleeping emoji
Wall Street
63% of Americans sleep less than 7 to 9 hours per night
Dubai – Al Arabiya.net
Published on: September 15, 2023: 05:06 PM GST Last updated: September 15, 2023: 05:16 PM GST
About 63% of U.S. adults sleep fewer than the seven to nine hours recommended by professionals per night, according to the National Sleep Foundation’s Sleep Health Index. At the same time, more people are becoming aware of the importance of sleep.
Anna Pioni, a partner at McKinsey Consulting, said, according to a report by the American CNBC reviewed by Al Arabiya.net, that acceptance and recognition of the importance of sleep and mental alertness for consumers has increased over the past five to ten years.
It was reported that about 50% of Americans consider health to be the top priority in their daily lives, according to a 2022 McKinsey poll, up from 42% in 2021. After health, improving sleep is the next priority for them at 45%, as Americans described it as It is a “very high priority”, according to the survey.
She said more than a quarter would give sleep a higher priority in the next two or three years.
There are a huge number of sleep-related products, from mattresses to electronic devices. There are also ongoing studies looking at the effect of weight loss medications on improving sleep apnea.
Sleep related products
Perhaps the most obvious beneficiary of this trend is mattress companies, which have seen sales rise during the pandemic as more people focus on their overall health and wellness. Sales have declined in recent days, with total units down 20.3% in the first half of the year and wholesale sales down 10% compared to 2022, according to the International Sleep Products Association.
The performance of the most prominent American stocks specialized in mattresses and bedding products since the beginning of the year by the session of September 14, 2023.
Tempur Sealy up 33% Sleep Number decreased by 3.7% Purple Innovation 52% decrease
Products related to sleep-related chronic diseases
Not getting enough sleep isn’t just about feeling tired and exhausted. It is also associated with a higher risk of chronic diseases such as cardiovascular disease, diabetes and obesity, according to the Centers for Disease Control and Prevention.
However, it is not the amount of time you spend that can affect your health, but the quality of sleep is also important.
Stefano Natella, head of equity at Guggenheim, said: “Sleep deprivation immediately increased people’s cortisol levels, making them more resistant to insulin, which also makes them more difficult with regard to metabolism, and closer to suffering from metabolic syndrome.” “.
Among the studies Natella cited in his research were those that covered more than 15,000 Chinese adults aged 65 and older, including 2,794 people aged 100 or older. It found that people over the age of 100 were 70% more likely to get good sleep than the younger group after adjusting for social status, education, and health conditions.
Health conditions can also affect the ability to get a good night’s rest, such as insomnia and sleep apnea.
As many as 1 in 2 American adults will experience short-term insomnia at some point in their lives, while 1 in 10 may have long-term insomnia, according to the CDC.
So people may turn to melatonin, such as Unilever’s Ollie, or prescription medications such as benzodiazepines, which include Xanax and Klonopin, and zolpidem, which includes Ambien.
Unilever shares have fallen by 3.8% since the beginning of the year.
Products related to obstructive sleep apnea
Meanwhile, about 20% of adults worldwide have moderate to severe obstructive sleep apnea, according to the American Journal of Respiratory and Critical Care Medicine. Obstructive sleep apnea results in interruption of breathing during sleep. The American Medical Association estimates that nearly 30 million Americans suffer from the condition, but only 6 million of them have been diagnosed. Without treatment, people with this condition are more likely to have a stroke or heart attack.
There are many companies that manufacture medical technology devices to treat obstructive sleep apnea. Here is the performance of the shares of the most prominent companies in this context since the beginning of the year.
Resmed reduced by 30% Inspire Medical down 13.5% Koninklijke Philips up 36%
electronic devices
There are many apps and technological devices that can track your fitness goals and even sleep.
According to the American “CNBC”, partner at Deepwater Asset Management, Gene Munster, says that Apple is the company that has the clear advantage in this context.
He pointed out that although the Apple Watch represents only about 6% of the company’s total business, it is growing.
Apple shares have risen by 40% since the beginning of the year.
Read also
2023-09-15 13:06:00
#sleep #stock #markets
