The purpose of sleep has been studied for centuries, yet it is remains not very well understood and is the subject of ongoing research. What is intriguing is the fact that most people spend one third of their lives asleep - that amounts to 30 years for someone who lives 90 years!
As an exercise, the question "speculate the reason for sleep" was recently asked to Biomedical Engineering junior undergraduate students at the end of a Quantitative Physiology course that has dealt with neuroscience to a great extent. The students were given 30 minutes to turn in their answers, and surprisingly, they were quite interesting, particularly that the students had no access to any reference whatsoever. Here are a few of the answers:
"It is the mechanism where the human body relaxes and consumes the least possible amount of energy to recharge body resources so as to maintain a perfect homeostatic environment." W.S.
"Sleep is a process of resting all the body's aspects involving the five senses: sight, hearing, olfaction, taste, and touch... Hence, the body becomes insensitive to external stimuli." R.Y.
"Sleeping is a practice that living beings do to rest their bodies after functioning for around 16 hours. It helps the body parts relax to gain the energy lost during the said time to be ready to function again in the next day. Sufficient amount of sleep ensures a good performance of the body and gives the person a healthy look." D.H.
"Physiologically speaking, sleep is the inhibition of sensory receptors and the full relaxation of nearly all skeletal muscles... After sleep, the person wakes up relaxed and energetic, and better off physically and mentally... If you think of the body as a battery, sleep is the charging of the human body, and tiredness triggers certain hormones that signals the person to sleep. Thus, sleep is a necessary mechanism for human beings the same way that eating and drinking are." A.I.