Transparency Market Research has published a new report, titled “Jet Lag Therapy Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.”According to the report, one of the key factors behind the growth of the market is the growing number of air travellers. The rising acceptance and adoption of jet lag therapy in developing nations is also benefitting the market. The convenience of direct purchase and innovation in are also acting as growth drivers for the global jet lag therapy market.
The report also studies the various factors which are estimated to restrict the growth of the global jet lag therapy market. The high possibility of substance abuse remains the key challenge restricting the growth of this market. The chances of addiction and complications as a result of wrong medications on account of wrong self-diagnosis are expected to hamper the growth of the market for jet lag therapy. A lack of awareness among people in under developed nations will also act as a growth inhibitor for the jet lag therapy market.
On the basis of end-user, the market for jet lag therapy is segmented into athletics, business executives, journalists & bloggers, pilot & cabin crew, and other travellers. Of these, the business executives have turned out to be the leading users of jet lag therapy on account of their extensive travelling from one region to another. By geography, Asia Pacific and Latin America re expected to witness strong growth in the forecast period on account of the rising number of air travellers and increasing support received from governments to improve the healthcare infrastructure. However, it is North America, followed by Europe which is leading in the global jet lag therapy market.
Key companies operating in this market are: Re-Time Pty Ltd., Ayo (Novalogy), Lumie, Lucimed S.A., Northern Light Technologies, The Litebook Company Ltd., Nature Bright, and Chrono Eyewear BV.
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