About Jet Lag Treatment
The speedy growth in the number of air travellers along with least side-effects or complexities of drugs has been the primary factors driving the jet lag treatment market. Jet lag is a physical disease that happens when the body’s internal clock gets thrown off by a new time zone. Jet Lag Treatment is used to prevent jet lag and nip its sleepy symptoms in the bud. A person may feel drowsy, tired, irritable, lethargic, and slightly disoriented. Then people travel rapidly across time zones or when their sleep is disrupted, for example, because of shift work. The features of jet lag include fatigue, headache, irritability, poor concentration, gastrointestinal disorders, cognitive deficits, and sleep difficulties
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Natrol Inc. (United States), Lucimed (Belgium), Re-Time Pty Ltd. (Australia), Neurim Pharmaceuticals Ltd. (Israel), Pulse Pharmaceuticals Pvt. Ltd. (India), Flynn Pharma Ltd. (United Kingdom), Northern Light Technologies (Australia), Fidia Farmaceutici S.P.A. (Italy), Aspen Pharmacare Holdings Ltd. (South Africa) and Schiff Nutrition International Inc.(United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are The Litebook Company Ltd. (Canada) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Jet Lag Treatment market by Type (Light therapy and Medications), Application (Hospital Pharmacies, Retail Pharmacies, Online Sales and Drug Stores) and Region.
On the basis of geography, the market of Jet Lag Treatment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Drug , the sub-segment i.e. Prescription drugs will boost the Jet Lag Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Formulation, the sub-segment i.e. Liquid will boost the Jet Lag Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Business travellers will boost the Jet Lag Treatment market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
New technological innovations in jet lag treatment market such as the introduction of wearable light therapy devices
Market Growth Drivers:
Increasing geriatric population across the globe and An increasing issue of jet lag among the populace such as pilots, flight attendants and business travellers
Challenges:
Lack of awareness regarding the Jet Lag
Restraints:
Strict governmental rules and regulations on Jet Lag treatment
Opportunities:
The rapid increase in the number of air travellers along with minimal side-effects or complications of drugs has been the primary factors driving the jet lag treatment market.
In April 2022, Superdrug has launched a new travel service that will involve offering patients melatonin tablets to counter jet lag.
Key Target Audience
New entrants/investors, Analysts and strategic business planners, Jet Lag Treatment Provider, Government regulatory and research organizations and End-use industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.