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By 2030, the market for light therapy is anticipated to reach USD 2.17 billion, growing at a CAGR of 6.3% from 2023 to 2030.
The main component of light therapy, commonly referred to as phototherapy, is exposure to an artificial light source or a similar sort of light. Major seasonal affective disorder, depressive disorders, and various skin diseases are the main conditions the therapy is used to treat. The use of light therapy in the treatment of skin conditions like vitiligo, psoriasis, eczema, and vulgaris has produced remarkable outcomes. Based on the type of light, there are several kinds of light therapies, such as red light therapy, blue light therapy, and white light therapy.
Over the projected period, the market is expected to be driven by the rise in skin problems, depressive illnesses such the winter blues and seasonal affective disorders, and swift technological improvements in healthcare. One of the main health conditions that many people experience is clinical depression. The issue is characterised by enduring emotions of despair and disinterest in routine activities. Physical manifestations of clinical depression include altered appetite, exhaustion, lack of focus, and irregular sleep patterns. A confluence of biological, genetic, psychological, and environmental variables contribute to depression. In accordance with reports given by the WHO in 2021, depression afflicted 264 million people worldwide.
The market is expected to be driven by the development in consumer awareness of the advantages of light treatment equipment. Due to their features like wireless communication, mobility, and dosage management, home-held devices are also helping the market expand. Over the projection period, it is projected that the rise in light therapy-related side effects and product recalls will slow the market's expansion.
The market for light treatment devices is divided into floor desk lights, lightboxes, handheld gadgets, light therapy lamps, light visors, and dawn simulators on the basis of product. With the greatest market share of these, the handheld devices category is expected to rule the industry. Efficiency, portability, and user friendliness are just a few of the many attributes that have been linked to the segmental rise. They use ultrasonic waves and microcurrents to cure skin disorders and enhance the appearance of the skin.
Report Coverage
Global Light Therapy research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Light Therapy report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Light Therapy competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Light Therapy market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Light Therapy market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Light Therapy market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Beurer GmbH, Biophostas Inc. (Celluma), Johnson and Johnson, Koninklijke Philips, Lucimed S.A., Lumie, Nature Bright, Northern Light Technologies, Photomedex Inc, TheraLight Llc, Verilux Inc., Zepter International.
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Light Therapy market based on the below-mentioned segments:
Global Light Therapy Market, By Product
Global Light Therapy market, By Application
Global Light Therapy Market, By End User
Global Light Therapy market, Regional Analysis
The main component of light therapy, commonly referred to as phototherapy, is exposure to an artificial light source or a similar sort of light. Major seasonal affective disorder, depressive disorders, and various skin diseases are the main conditions the therapy is used to treat. The use of light therapy in the treatment of skin conditions like vitiligo, psoriasis, eczema, and vulgaris has produced remarkable outcomes. Based on the type of light, there are several kinds of light therapies, such as red light therapy, blue light therapy, and white light therapy.
Over the projected period, the market is expected to be driven by the rise in skin problems, depressive illnesses such the winter blues and seasonal affective disorders, and swift technological improvements in healthcare. One of the main health conditions that many people experience is clinical depression. The issue is characterised by enduring emotions of despair and disinterest in routine activities. Physical manifestations of clinical depression include altered appetite, exhaustion, lack of focus, and irregular sleep patterns. A confluence of biological, genetic, psychological, and environmental variables contribute to depression. In accordance with reports given by the WHO in 2021, depression afflicted 264 million people worldwide.
The market is expected to be driven by the development in consumer awareness of the advantages of light treatment equipment. Due to their features like wireless communication, mobility, and dosage management, home-held devices are also helping the market expand. Over the projection period, it is projected that the rise in light therapy-related side effects and product recalls will slow the market's expansion.
The market for light treatment devices is divided into floor desk lights, lightboxes, handheld gadgets, light therapy lamps, light visors, and dawn simulators on the basis of product. With the greatest market share of these, the handheld devices category is expected to rule the industry. Efficiency, portability, and user friendliness are just a few of the many attributes that have been linked to the segmental rise. They use ultrasonic waves and microcurrents to cure skin disorders and enhance the appearance of the skin.
Report Coverage
Global Light Therapy research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Light Therapy report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Light Therapy competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Light Therapy market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2030 |
| Base Year | 2020 |
| Forecast Period | 2022-2030 |
| Historical Period | 2017-2019 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Beurer GmbH, Biophostas Inc. (Celluma), Johnson and Johnson, Koninklijke Philips, Lucimed S.A., Lumie, Nature Bright, Northern Light Technologies, Photomedex Inc, TheraLight Llc, Verilux Inc., Zepter International. |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Light Therapy Market from 2021 to 2030.
- Market Forecast for Light Therapy Market from 2021 to 2030.
- Regional Market Share and Revenue from 2021 to 2030.
- Country Market share within region from 2021 to 2030.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Light Therapy competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Light Therapy
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Light Therapy market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Light Therapy market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Beurer GmbH, Biophostas Inc. (Celluma), Johnson and Johnson, Koninklijke Philips, Lucimed S.A., Lumie, Nature Bright, Northern Light Technologies, Photomedex Inc, TheraLight Llc, Verilux Inc., Zepter International.
Primary Target Market
- Market Players of Light Therapy
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2030. Spherical Insights has segmented the global Light Therapy market based on the below-mentioned segments:
Global Light Therapy Market, By Product
- Floor desk lamps
- Lightbox
- Handheld devices
- Light therapy lamps
- Light visors
- Dawn simulators
Global Light Therapy market, By Application
- Eczema
- Vitiligo
- SAD/ winter blues
- Sleeping disorder
Global Light Therapy Market, By End User
- Healthcare
- Dermatology Clinics
Global Light Therapy market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
About This Research
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