It was announced that the Universal CRT would be a re-distributable DLL such that app-local deployment would still be possible.
I have installed the Visual Studio 20
This blog post under Distributing Software that uses the Universal CRT section describes all the cases in detail, with a big red update notice concerning app-local deployment:
Updated September 11, 2015: App-local deployment of the Universal CRT is supported. To obtain the binaries for app-local deployment, install the Windows Software Development Kit (SDK) for Windows 10. The binaries will be installed to C:\Program Files (x86)\Windows Kits\10\Redist\ucrt. You will need to copy all of the DLLs with your app (note that the set of DLLs are necessary is different on different versions of Windows, so you must include all of the DLLs in order for your program to run on all supported versions of Windows)
You can download UCRT from Microsoft Donwload Center. UCRT is part of OS now, for Vista SP2/7/8/8.1 it is distributed by Update Center.