Market Overview:
The Global Jet Lag Therapy Market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The market growth is attributed to the increasing number of business travelers, cabin crew, athletes, and seasonal travelers across the globe. Additionally, the growing awareness about jet lag therapy and its benefits is also propelling the market growth. Based on type, prescription drugs accounted for the largest share in 2017 and are expected to maintain their dominance during the forecast period. This can be attributed to factors such as rising prevalence of jet lag disorder and availability of various drugs for its treatment. However, melatonin is projected to be one of fastest-growing segments during 2018-2030 owing to its numerous health benefits such as improving sleep quality and reducing stress levels. Based on application, business travelers held a dominant position in 2017 and are anticipated retain their leadership throughout the forecast period.
Product Definition:
Jet Lag Therapy is a treatment used to help reduce the symptoms of jet lag. It can be used before, during, or after a flight. The therapy involves exposure to bright light and/or melatonin. Bright light helps reset the body's internal clock, while melatonin helps regulate sleep cycles.
Prescription Drugs:
Prescription drugs are those which are given by doctors or other healthcare practitioners on the prescription of a physician. These drugs can be administered to any person, but they must comply with the regulations for safe use as defined by the government and/or regulatory body. The most commonly used prescription drug is called “Prozac” which is a generic form of fluoxetine.
Melatonin:
Melatonin is a hormone that is produced by the pineal gland in response to darkness. It helps initiate and maintain sleep. In higher doses, it can be used as an anti-depressant; however, when taken in low doses for jet lag treatment, it acts as a powerful antioxidant and helps repair cells in the body.
Application Insights:
The application segment is segregated into two parts, namely business travelers and others. The others segment includes athletes, cabin crew and seasonal travelers. The demand for jet lag therapy among the other travelers is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to increasing travel activities across various regions coupled with flexible work schedules that have become prevalent in several industries such as hospitality, tourism and aviation.
The use of these products by cabin crew members while traveling on long-distance flight has been proven beneficial in avoiding the adverse effects of jet lag as well as enhancing overall health during travels across different time zones. In addition, these products are also used by athletes who require enhanced energy during training or competition hours due to fatigue caused due to shift in circadian rhythms induced due to travel across multiple time zones away from one¢â‚¬â„¢s natural environment.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to increasing cases of travel associated with work. Rising awareness about jet lag therapy and growing health issues caused due to shift work are some of the factors anticipated to drive growth in this region. In addition, presence of a large number of airlines that operate on a regular basis between different time zones is also one factor contributing toward regional growth.
Asia Pacific is expected to be fastest-growing regional market over the forecast period owing high population density along with increased adoption for long haul flights especially for business travelers as well as cabin crew members working for international airlines flying across Asia Pacific countries such as China, Japan, Australia and New Zealand among others). Increasing use by athletes traveling across Asian countries during sports events such as Olympics 2020 Tokyo Summer Olympics 2016 Rio Summer Olympic Games 2016 etc.
Growth Factors:
- Increasing awareness about the benefits of Jet Lag Therapy
- Rising demand for preventive healthcare measures
- Growing popularity of wellness tourism
- Proliferation of online booking platforms for Jet Lag Therapy services
- Expansion of the global airline industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Jet Lag Therapy Market Research Report
By Type
Prescription Drugs, Melatonin, Herbal and Natural Products
By Application
Business Travelers, Cabin Crew, Athletes, Seasonal Travelers
By Companies
Ayo (Novalogy), Inteliclinic, Litebook., Lucimed, Lumie, Nature Bright, Northern Light Technologies, Propeaq, Re-Timer, Royal Philips, Valkee, Verilux, Inc., Vielight Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Jet Lag Therapy Market Report Segments:
The global Jet Lag Therapy market is segmented on the basis of:
Types
Prescription Drugs, Melatonin, Herbal and Natural Products
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Business Travelers, Cabin Crew, Athletes, Seasonal Travelers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Ayo (Novalogy)
- Inteliclinic
- Litebook.
- Lucimed
- Lumie
- Nature Bright
- Northern Light Technologies
- Propeaq
- Re-Timer
- Royal Philips
- Valkee
- Verilux, Inc.
- Vielight Inc.
Highlights of The Jet Lag Therapy Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Prescription Drugs
- Melatonin
- Herbal and Natural Products
- By Application:
- Business Travelers
- Cabin Crew
- Athletes
- Seasonal Travelers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Jet Lag Therapy Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Understanding Competition Scenario
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Jet lag therapy is a treatment for jet lag that uses light and sound to help the body adjust to the new time zone.
Some of the major players in the jet lag therapy market are Ayo (Novalogy), Inteliclinic, Litebook., Lucimed, Lumie, Nature Bright, Northern Light Technologies, Propeaq, Re-Timer, Royal Philips, Valkee, Verilux, Inc., Vielight Inc..
The jet lag therapy market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Jet Lag Therapy Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Jet Lag Therapy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Jet Lag Therapy Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Jet Lag Therapy Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Jet Lag Therapy Market Size & Forecast, 2020-2028
4.5.1 Jet Lag Therapy Market Size and Y-o-Y Growth
4.5.2 Jet Lag Therapy Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Prescription Drugs
5.2.2 Melatonin
5.2.3 Herbal and Natural Products
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Business Travelers
6.2.2 Cabin Crew
6.2.3 Athletes
6.2.4 Seasonal Travelers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Jet Lag Therapy Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Jet Lag Therapy Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Prescription Drugs
9.6.2 Melatonin
9.6.3 Herbal and Natural Products
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Business Travelers
9.10.2 Cabin Crew
9.10.3 Athletes
9.10.4 Seasonal Travelers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Prescription Drugs
10.6.2 Melatonin
10.6.3 Herbal and Natural Products
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Business Travelers
10.10.2 Cabin Crew
10.10.3 Athletes
10.10.4 Seasonal Travelers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Prescription Drugs
11.6.2 Melatonin
11.6.3 Herbal and Natural Products
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Business Travelers
11.10.2 Cabin Crew
11.10.3 Athletes
11.10.4 Seasonal Travelers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Prescription Drugs
12.6.2 Melatonin
12.6.3 Herbal and Natural Products
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Business Travelers
12.10.2 Cabin Crew
12.10.3 Athletes
12.10.4 Seasonal Travelers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Prescription Drugs
13.6.2 Melatonin
13.6.3 Herbal and Natural Products
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Business Travelers
13.10.2 Cabin Crew
13.10.3 Athletes
13.10.4 Seasonal Travelers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Jet Lag Therapy Market: Competitive Dashboard
14.2 Global Jet Lag Therapy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Ayo (Novalogy)
14.3.2 Inteliclinic
14.3.3 Litebook.
14.3.4 Lucimed
14.3.5 Lumie
14.3.6 Nature Bright
14.3.7 Northern Light Technologies
14.3.8 Propeaq
14.3.9 Re-Timer
14.3.10 Royal Philips
14.3.11 Valkee
14.3.12 Verilux, Inc.
14.3.13 Vielight Inc.
