This error is caused by not having all appropriate Visual C++ Redistributable packages installed from Microsoft. You will need to possibly reinstall these packages or manually place the suggested missing file(s) in the correct windows directory to solve the problem. Ensuring you have the distro packages from 2005 to present is required.
The official download page is here: https://www.microsoft.com/en-hk/download/details.aspx?id=30679