Jet Lag Therapy Market Size, Share, Growth, and Industry Analysis, By Type (Prescription Drugs, Melatonin, Herbal, and Natural Products), By Application (Business Travelers, Cabin Crew, Athletes, and Seasonal Travelers), Regional Forecast to 2031

Updated On: 22 April 2024

Jet Lag Therapy Market Report Overview

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global jet lag therapy market size was USD 408.3 million in 2022  and market is projected to touch 567.42 million by 2031, exhibiting a CAGR of 4.2% during the forecast period.

Jet lag is a temporary sleep disorder that occurs when a person's internal body clock (circadian rhythm) becomes out of sync with the time zone they are in after crossing multiple time zones during travel.  On the other hand, Jet lag therapy refers to various strategies and interventions aimed at reducing the effects of jet lag. When people rapidly travel across time zones, their body's internal clock may not adjust quickly enough to the new schedule, leading to symptoms such as fatigue, difficulty sleeping, irritability, difficulty concentrating, and gastrointestinal issues. Jet lag can disrupt a person's daily routine and impair their ability to function optimally, particularly during the first few days after arriving in a new time zone.

The market is influenced by the growth of global travel and increasing awareness of the importance of managing travel-related fatigue and sleep disturbances. As more people embark on long-haul flights for business and leisure purposes, the demand for jet lag remedies and solutions is likely to continue to rise. Furthermore, on the basis of therapy, prescription drugs, melatonin, and herbal and natural products are available in the market. While, business travellers, cabin crew, athletes, and seasonal travellers are the main key application segments to retain the demand for the therapy. 

COVID-19 Impact: Limitations on Travelling Curbed the Demand for the Therapy

The market has faced a slowdown due to travel restrictions, lockdowns, and reduced international travel during the COVID-19 pandemic which led to a decline in air travel. This resulted in fewer travellers experiencing jet lag and, consequently, a potential decrease in demand for jet lag therapy products and services. In addition, the economic impact of the pandemic also affected consumers' disposable income, leading to changes in spending behaviour which halted the demand for therapy. However, as the limitations have been lifted completely, the market has witnessed a hike in global travellers which is anticipated to fuel the demand for the therapy over this forecast. 

Latest Trends

"Trend of Re-Timer Glasses Magnify the Market Scope"

The trends and the emergence of advanced technologies in the form of specialized jet lag therapy products, such as Re-Timer glasses, Neuroon light mask, Propeaq sunglasses, and Lumie Zest light-box, has led to an increase in overall demand for more effective and convenient solutions to manage jet lag. These products leverage the principles of light therapy, specifically the use of the green-blue light spectrum, to regulate circadian rhythms and help travellers adjust to new time zones. Illustratively, timer glasses are wearable light therapy glasses that emit a specific wavelength of green-blue light. This light exposure helps users shift their internal body clock to align with the time zone they will be traveling to or have arrived in. The convenience of wearable glasses allows travellers to use light therapy during their regular activities, making it easier to incorporate into their daily routines. Thereby, such trends and technological developments are attributed to augment the growth of the market in the future.

Jet Lag Therapy Market Segmentation

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• By Type Analysis

According to type, the market can be bifurcated into prescription drugs, melatonin, herbal and natural products.

• By Application Analysis

Based on application, the market can be divided into business travelers, cabin crew, athletes, and seasonal travelers.

Driving Factors

"Increasing Number of Global Travellers Drive the Growth of the Market"

As international travel becomes more accessible and affordable, more people are taking long-haul flights across multiple time zones. The rising number of frequent travellers increases the demand for effective jet lag therapies and will likely enhance the jet lag therapy market growth during this projection timeframe.

"Growing Awareness and Concern for Health Boost the Market Progress"

Growing awareness and concern for health and well-being is another considerable factor to drive market growth. People are becoming more health-conscious, and there is a growing awareness of the impact of sleep disturbances on overall well-being. Consequently, travellers are seeking solutions to mitigate the effects of jet lag and maintain their physical and mental health.

Restraining Factors

"Limited Awareness and Education Can Confine the Market Extension"

Despite growing awareness of the importance of managing jet lag, some travellers may still be unaware of available therapy options or their effectiveness. Lack of education and information about jet lag therapy products and services could limit their adoption.

Jet Lag Therapy Market Regional Insights

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"North America Dominates the Market with Well-Developed Healthcare Infrastructure"

According to a market review, North America leads the market in the region. The region boasts high air travel volume, well-developed healthcare infrastructure, and a strong emphasis on health and well-being. Technological advancements and a significant number of business and leisure travellers also contribute to the demand for effective jet lag therapy solutions in the continent.

Key Industry Players

"Key Players Emphasis on Collaboration with Airlines to Gain Convenient Access to Potential Customers"

With regard to key players, prominent companies in the market are contributing to its growth by introducing innovative products and solutions, investing in research and development, and creating awareness about jet lag management. They formed partnerships with airlines and travel companies, offering personalized plans, and utilized customer reviews and testimonials to build trust. Leveraging online platforms and scientific endorsements, these players expanded their market reach and provided convenient access to effective jet lag therapy products and services. Furthermore, in terms of global market revenue, the top three companies account for the largest jet lag therapy market shares.

List of Market Players Profiled

• Ayo (Novalogy)
• Inteliclinic
• Litebook.
• Lucimed
• Lumie
• Nature Bright
• Northern Light Technologies
• Propeaq
• Re-Timer
• Royal Philips
• Valkee
• Verilux, Inc.
• Vielight Inc.

Report Coverage

This report defines the jet lag therapy market. It emphasizes the market value, expected CAGR, and USD value over the forecast period, before and after the impact of the COVID-19 pandemic restrictions on the international market, and how the industry is going to turn the corner is also stated in the report. The report provides significant market data with its product type and product applications, end-use details, and an idea of the market growth in the future. This report also provides an understanding of the growing market trends and developments and their effects on the market growth, driving factors along with restraining factors that impact the market dynamics. Along with this, the leading region, key players of the market, and their tactics to beat the market competition, sustainable policies, their collaboration, mergers, companies’ profile, previous years’ revenue, profit & loss, and market position based on their share value in the market, are also explained in the report.