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Jet Lag Therapy Device Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030

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    Report

  • 119 Pages
  • August 2022
  • Region: Global
  • Acute Market Reports
  • ID: 5724458
Description Jump to:

Increasing Number of Air Travelers is Driving the Growth of Jet Lag Therapy Device Market

Globally, the jet lag therapy device market is expected to grow with a CAGR of 11.5% during the forecast period from 2022 to 2030. The growth of the market is primarily driven by the increasing air travelers across the globe. Over the past decade, a sudden rise in the number of the people travelling has been witnessed. As per the International Air Transportation Association, there were approximately 3.8 billion air travelers worldwide in 2016. This number is further estimated to across 7.0 billion mark by 2035. This growth is attributed to the increasing disposable income of the population in the developing region such as India and China. Furthermore, changing lifestyle along with decline in the price of the airfares is also encouraging air travelling.

The advancement in the design and technology of the jet lag devices is also acting as a major force propelling the market growth. The supportive government initiatives and policies to spread awareness about jet lag and its impact is also one of the prominent factors augmenting the demand for jet lag devices. However, there are several factors that are hindering the growth of the market. Presence of the alternative and substitute solutions such as pills and drugs acts as a major inhibitor in the market growth. Moreover, the relatively higher price of jet lag devices as compared to the other alternate is acting as a major constraint in the market growth.

Blue Light Devices is Estimated to Grow Significantly During the Forecast Period

The jet lag therapy device market is categorized based on the type into white light device, blue light device, and others. The white light devices accounted for more than 45% share in the overall jet lag therapy devices market in 2020. The growth of the market is attributed to the widespread adoption among business class travelers. On the other hand, the blue light devices are estimated to grow significantly during the forecast period.

North America is Leading the Jet Lag Therapy Device Market

North America led the jet lag therapy device market with 35% share in the revenue in 2020. The growth of the market is attributed to large number of the air travelers in the region. It is justified by the fact that U.S. is the largest aviation market across the globe. Moreover, the high disposable income of the population in the region along with cheap airfares is the primary factor supporting the growth of the jet lag therapy devices in the region.

The key players in the jet lag therapy device market are Ayo (Novalogy), Chrono Eyewear BV, Inteliclinic, Litebook Co. Ltd., Lucimed S.A., Lumie, Nature Bright, Northern Light Technologies, Propeaq, Re-Time Pty Ltd., Valkee, and Verilux, Inc.

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Jet Lag Therapy Device market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Jet Lag Therapy Device market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Type

  • White Light
  • Blue Light
  • Others

End-use

  • Business Travelers
  • Cabin Crew
  • Athletes
  • Seasonal Travelers
  • Others

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Jet Lag Therapy Device market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Jet Lag Therapy Device market?
  • Which is the largest regional market for Jet Lag Therapy Device market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Jet Lag Therapy Device market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Jet Lag Therapy Device market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted

2. Executive Summary
2.1. Market Snapshot: Global Jet Lag Therapy Device Market
2.2. Global Jet Lag Therapy Device Market, By Type, 2021 (US$ Million)
2.3. Global Jet Lag Therapy Device Market, By End-use, 2021 (US$ Million)
2.4. Global Jet Lag Therapy Device Market, By Geography, 2021 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2021

3. Jet Lag Therapy Device Market: Competitive Analysis
3.1. Market Positioning of Key Jet Lag Therapy Device Market Vendors
3.2. Strategies Adopted by Jet Lag Therapy Device Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030

4. Jet Lag Therapy Device Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Jet Lag Therapy Device Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis

5. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. White Light
5.3.2. Blue Light
5.3.3. Others

6. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Business Travelers
6.3.2. Cabin Crew
6.3.3. Athletes
6.3.4. Seasonal Travelers
6.3.5. Others

7. North America Jet Lag Therapy Device Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
7.3. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
7.4.Jet Lag Therapy Device Market: By Region, 2020-2030, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
7.4.1.1.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
7.4.1.2.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
7.4.1.3.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)

8. UK and European Union Jet Lag Therapy Device Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
8.3. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
8.4.Jet Lag Therapy Device Market: By Region, 2020-2030, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
8.4.1.1.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
8.4.1.2.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
8.4.1.3.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
8.4.1.4.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
8.4.1.5. France
8.4.1.5.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
8.4.1.5.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
8.4.1.6.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)

9. Asia Pacific Jet Lag Therapy Device Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
9.3. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
9.4.Jet Lag Therapy Device Market: By Region, 2020-2030, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
9.4.1.1.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
9.4.1.2.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
9.4.1.3. India
9.4.1.3.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
9.4.1.3.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
9.4.1.4.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
9.4.1.5.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
9.4.1.6.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)

10. Latin America Jet Lag Therapy Device Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
10.3. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
10.4.Jet Lag Therapy Device Market: By Region, 2020-2030, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
10.4.1.1.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
10.4.1.2.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
10.4.1.3.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)

11. Middle East and Africa Jet Lag Therapy Device Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
11.3. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
11.4.Jet Lag Therapy Device Market: By Region, 2020-2030, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
11.4.1.1.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
11.4.1.2.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Jet Lag Therapy Device Market: By Type, 2020-2030, USD (Million)
11.4.1.3.1. Jet Lag Therapy Device Market: By End-use, 2020-2030, USD (Million)

12. Company Profile
12.1. Ayo (Novalogy)
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Chrono Eyewear BV
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. Inteliclinic
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Litebook Co. Ltd.
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. Lucimed S.A.
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. Lumie
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Nature Bright
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Northern Light Technologies
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Propeg
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. Re-Time Pty Ltd.
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives
12.11. Valkee
12.11.1. Company Overview
12.11.2. Financial Performance
12.11.3. Product Portfolio
12.11.4. Strategic Initiatives
12.12. Verilux Inc.
12.12.1. Company Overview
12.12.2. Financial Performance
12.12.3. Product Portfolio
12.12.4. Strategic Initiatives

List of Figures
Figure 1 Global Jet Lag Therapy Device Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Jet Lag Therapy Device Market: Quality Assurance
Figure 5 Global Jet Lag Therapy Device Market, By Type, 2021
Figure 6 Global Jet Lag Therapy Device Market, By End-use, 2021
Figure 7 Global Jet Lag Therapy Device Market, By Geography, 2021
Figure 8 Market Geographical Opportunity Matrix - Global Jet Lag Therapy Device Market, 2021
Figure 9 Market Positioning of Key Jet Lag Therapy Device Market Players, 2021
Figure 10 Global Jet Lag Therapy Device Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
Figure 11 Global Jet Lag Therapy Device Market, By Type, 2021 Vs 2030, %
Figure 12 Global Jet Lag Therapy Device Market, By End-use, 2021 Vs 2030, %
Figure 13 U.S. Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 14 Canada Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 15 Rest of North America Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 16 UK Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 17 Germany Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 18 Spain Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 19 Italy Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 20 France Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 21 Rest of Europe Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 22 China Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 23 Japan Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 24 India Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 25 Australia Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 26 South Korea Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 27 Rest of Asia Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 28 Brazil Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 29 Mexico Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 30 Rest of Latin America Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 31 GCC Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 32 Africa Jet Lag Therapy Device Market (US$ Million), 2020 - 2030
Figure 33 Rest of Middle East and Africa Jet Lag Therapy Device Market (US$ Million), 2020 - 2030

List of Tables
Table 1 Global Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 2 Global Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 3 North America Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 4 North America Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 5 U.S. Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 6 U.S. Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 7 Canada Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 8 Canada Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 9 Rest of North America Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 10 Rest of North America Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 11 UK and European Union Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 12 UK and European Union Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 13 UK Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 14 UK Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 15 Germany Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 16 Germany Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 17 Spain Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 18 Spain Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 19 Italy Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 20 Italy Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 21 France Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 22 France Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 23 Rest of Europe Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 24 Rest of Europe Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 25 Asia Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 26 Asia Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 27 China Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 28 China Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 29 Japan Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 30 Japan Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 31 India Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 32 India Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 33 Australia Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 34 Australia Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 35 South Korea Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 36 South Korea Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 37 Latin America Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 38 Latin America Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 39 Brazil Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 40 Brazil Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 41 Mexico Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 42 Mexico Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 43 Rest of Latin America Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 44 Rest of Latin America Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 45 Middle East and Africa Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 46 Middle East and Africa Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 47 GCC Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 48 GCC Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 49 Africa Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 50 Africa Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)
Table 51 Rest of Middle East and Africa Jet Lag Therapy Device Market By Type, 2020-2030, USD (Million)
Table 52 Rest of Middle East and Africa Jet Lag Therapy Device Market By End-use, 2020-2030, USD (Million)

Companies Mentioned

  • Ayo (Novalogy)
  • Chrono Eyewear BV
  • Inteliclinic
  • Litebook Co. Ltd.
  • Lucimed S.A.
  • Lumie
  • Nature Bright
  • Northern Light Technologies
  • Propeaq
  • Re-Time Pty Ltd.
  • Valkee
  • Verilux Inc.

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