Jet Lag Therapy Market Size Worth USD 548.5 Million By 2027 With CAGR of 4.3%
Global Jet Lag Therapy Market Forecast to 2027
The latest report titled ‘Global Jet Lag Therapy Market,’ published by Emergen Research, provides the reader with a comprehensive view of the global Jet Lag Therapy industry, acquainting them with the latest market trends, industry insights, and market share. The report provides an in-depth investigation of the global market, largely focusing on each segment and sub-segment of the Jet Lag Therapy market. The market forecasts included in the report are performed by our team of experts and are of great significance as they provide deep insights into various crucial industry parameters. These facts and figures help readers evaluate the global market growth, production, and consumption rates, volatility in demand and product prices, and upcoming market trends over the projected period. The market research report contains significant details on the global Jet Lag Therapy market value based on market dynamics and various growth factors.
The global Jet Lag Therapy Market will be worth USD 548.5 million by 2027, according to a current analysis by Emergen Research. Jet lag symptoms cause a wide variety of considerable health hazards to athletes, business executives and seasonal travelers, affecting a wide range of people which is around 1 billion annually. Over the years, it has been found that jet lag has very distinctive effects on the lives of travelers or those affected with this condition. There has a wide range of advancements throughout the development of recent trend setting technologies that possess properties that prevent symptoms with less effects, as compared to traditional product such as prescription drugs and melatonin. Currently, attributing to the consistent R&D activities in conjunction with positive outcomes of clinical trials, the major market players operating in the market are fortunate in developing advanced and price effective tiredness management product like light-weight box, wearable mask, glasses, and ear buds among others.
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Leading companies profiled in the report are:
Ayo (Novalogy), Lumie, Lucimed S.A., The Litebook Company Ltd., Northern Light Technologies, Nature Bright, Re-Time Pty Ltd., and Chrono Eyewear BV. among others.
North America dominated the Jet Lag Therapy market in 2019 and is likely to continue its dominance throughout the forecasted period. This can be attributed to the increase in the awareness levels of major airlines regarding the jet lag of cabin crews as well as passengers. However, Asia Pacific is likely to witness the highest CAGR of about 4.9% over the forecasted years because of the increase in the number of travelers from regions like India, China and Japan traveling to different meridians. The travelers include mainly business executives followed by seasonal travelers. Both of these types are becoming well aware of the negative effects of jet lag on health.
For the purpose of this report, Emergen Research has segmented into the global Jet Lag Therapy Market on the product, distribution channel, end user and region:
Product Outlook (Revenue, USD Billion; 2017-2027)
- Prescription Drugs
- Herbal and Natural Products
- Medical Devices
Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Over the Counter
End User Outlook (Revenue, USD Billion; 2017-2027)
- Business Travelers
- Cabin Crew
- Seasonal Travelers
Major Regions Covered in the Jet Lag Therapy Market Report:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Key Reasons to Buy This Report:
- The report presents a thorough examination of the Jet Lag Therapy market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
A SWOT analysis is performed on the leading companies engaged in the Jet Lag Therapy market to offer a better understanding of the strengths, opportunities, weaknesses, and threats of the leading companies. It also covers production and consumption rate, the volatility of prices and demands, market share, market size, global position, and market position of each player. The report also analyses key elements such as growth trends, concentration area, business expansion strategies, market reach, and other key features that offer companies insightful data to fortify their position in the Jet Lag Therapy industry.
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