Jet Lag Therapy Market Worth $548.5 Billion by 2027 - Market Size, Share, Forecasts, & Trends Analysis Report with COVID-19 Impact by Emergen Research ®

 

The growth of the market is attributed to the increase in the number of travelers traveling to different time zones and new product launches associated with insomnia                                                                  

The detailed market intelligence report on the Jet Lag Therapy market applies the best of both primary and secondary research to weighs upon the competitive landscape and the prominent market players expected to dominate the Jet Lag Therapy market for the forecast period, 2019 - 2026. The study not only scans through the company profile of the major vendors but also analyses their winning strategies to give business owners, stakeholders and field marketing personnel a competitive edge over others operating in the same space.

That being said, the research closely examined the market share occupied by only a few of the prominent market players in the Jet Lag Therapy market for the forecast period 2019 to 2026. The researchers behind the research unmasked population statistics on market segmentation including product type, application, sales and Geography.

 

Market Size – USD 392.0 Million in 2019, Market Growth - CAGR of 4.3%, Market Trends –Changes in the working shift timings associated with relocation after travel.

 

COVID-19 Impact Analysis:

 

This report is the latest document encompassing the massive changes that took place in the Jet Lag Therapy market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Jet Lag Therapy  market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era. The report also offers an initial and future impact assessment of the pandemic on the Jet Lag Therapy industry. Hence, the vital COVID-19 insights offered by the report are expected to help organizations manage their businesses effectively in extreme economic uncertainties.

 

 

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The global Jet Lag Therapy market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector.  The global Jet Lag Therapy market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.

 

·         Global Europe Jet Lag Therapy  market competition by TOP MANUFACTURERS, with production, price, and revenue (value) and market share for each manufacturer; the top players including:

Key participants include 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.

 

Emergen Research has segmented the Jet Lag Therapy market on the basis of product type, application, and route of administration, distribution channel, and region:

Product Outlook (Revenue, USD Billion; 2017-2027)

·         Prescription Drugs

·         Melatonin

·         Herbal and Natural Products

·         Medical Devices

·         Others

Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)

·         Over the Counter

·         Online

End User Outlook (Revenue, USD Billion; 2017-2027)

·         Business Travelers

·         Cabin Crew

·         Athletes

·         Seasonal Travelers

·         Others

Regional Outlook (Revenue: USD Billion; 2017-2027)

·         North America

1.      U.S.

2.      Canada

3.      Mexico

·         Europe

1.      UK

2.      Germany

3.      France

4.      BENELUX

5.      Rest of Europe

·         Asia Pacific

1.      China

2.      Japan

3.      South Korea

4.      Rest of APAC

·         Latin America

1.      Brazil

2.      Rest of LATAM

·         MEA

1.      Saudi Arabia

2.      UAE

3.      Rest of MEA

 

 

To learn more details about the Jet Lag Therapy Market report, visit @ https://www.emergenresearch.com/industry-report/martech-market

 

Key point summary of the report:

·         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.

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