In the past decade, the number of fliers has increased manifold adding to the woes of jet lag symptoms, found in many passengers. Jet lag symptoms are now known to be a latent hazard for the health of the passengers including athletes, business executives and seasonal travelers. Growing elderly population and rising prevalence rate of circadian rhythm related problems such as jet lag, winter blues, and sleep disorders, have got the consumers demanding better and efficient solutions to their woes. This phenomenon has sprouted opportunities for the existing as well as new players to develop efficient ways and products to attract their customers, along with the advancement in technology of jet lag therapy with research and development.
A new research has found about new cells in retina which can help in treating jet lag symptoms. According to this study, the retina has cells that express vasopressin, a neurohormone which regulates blood pressure and blood volume, and directly regulate the circadian rhythm. This result can prove pivotal in the development of easier and faster methods to treat jet lag symptoms. With companies engaging in organic as well as non-organic market strategies, the global jet lag therapy market is expected to grow significantly.
Acknowledging the global impact of jet lag symptoms and a rush in the demand for jet lag therapy, BIS Healthcare has compiled a report, titled ‘Global Jet Lag Therapy Market -Analysis and Forecast (2017-2023)’, which is a comprehensive study of the jet lag therapy market, by product type, end users and geographical regions, allowing the researcher to develop a comprehensive outlook of the market.
According to the analyst at BIS Research, “The medical devices segment, specially the wearable devices was the fastest growing segment in 2016. This is due to the fact that wearable devices are versatile in nature (in terms of applicability and portability) and are preferred by most of the athletes. The medical devices is expected to witness a growth rate of 11.9% during the forecast period from 2017 to 2023, owing to their advancements within the basic design, thereby, offering a wide range of options for various end-user groups.”
The demand for wearable products has shot up significantly and companies are competing to launch new products in the market. Lumie lights has made a mark in the market with its light emitting goggles to treat jet lag symptoms. It has been endorsed by the elite British Swimming team, as they used Lumie Zests while incorporating light therapy into their training regime to treat jet lag symptoms.
The market report provides a detailed and investigative study of the entire market and along with a comprehensive insight into various forms of developments, trends and key participants in the market. The report includes the profiles of major players in the market that allows the readers to get an insight into the various industry trends. Some of the leading companies in the market are Re-Timer Pty Ltd., Lumie, Ayo, Valkee, Lucimed, Propeaq, Nature Bright, Philips, Northern Light Technologies and Verilux.