Jet Lag Therapy Market has recently added a report Forecast to 2027 to its repository, which comprises of data relating to the market size, share, value, and volume, production processes, revenue generation, the regional analysis of the business vertical, along with the outcomes of analytical tools including, SWOT analysis and Porter’s Five Forces analysis. The report highlights the growth opportunities and challenges that industry players might encounter in the forecast years, along with an elaborate competitive landscape and expansion strategies adopted by the companies functioning in the Market.The report contains unbiased industry expert opinions on the current market scenario, past market performance, production & consumption rates, demand & supply ratio, and revenue generation forecasts over the estimated period.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 latest research report comprises an extensive analysis of the micro- and macro-economic indicators that influence the global Jet Lag Therapy market development during the forecast period of 2020-2027. 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.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.
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The incidence rate of jet-lag across the globe continues to be unknown, however it impacts a high proportion of around 31 million travelers who depart from the U.S. on a yearly basis for destinations that cross 5 or more number of zones.Moreover, high rate of awareness concerning advanced light therapy and treatment with minimum side-effects is anticipated to drive the growth of medical devices product like wearable light-weight medical care devices.
The cabin crew segment is poised to grow considerably at a CAGR of 4.3% throughout the forecasted period. The latest commercial aircrafts cross time zones at nearly the same rate as the earth rotates, and it is the result of these trans-meridian transitions that ultimately leads to the rapid time zone change syndrome also known as jet lag. Jet lag may often lead to short-term memory and poor decision-making; thereby affecting the overall functioning of the cabin crew, if neglected constantly. To cater to the problem, major airlines throughout the globe are trying to find viable solutions for jet lag, by exploring new forms of solutions for managing the passengers’ as well as their employees’ alertness levels.
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.
The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
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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
Regional Outlook (Revenue: USD Billion; 2017-2027)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Saudi Arabia
- Rest of MEA
Key questions addressed in the report:
- What are the key factors driving the global Jet Lag Therapy market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Jet Lag Therapy market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
Read More: https://www.emergenresearch.com/industry-report/jet-lag-therapy-market
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