Light Therapy Market: Business Opportunities, Current Trends, Market Challenges in 2030
The global light therapy market size was USD 1.10 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to the latest analysis by Emergen Research. Technological advancements in light therapy and launch of innovative products, such as handheld light therapy devices, are factors projected to support market revenue growth between 2021 and 2030.
For example, Body Balance System, a Las
Vegas-based company makes zero-gravity beds filled with small red lights or
diodes due to its health and skin benefits such as fat loss, pain relief,
muscle recovery after a workout, and others. In addition, researchers in Brazil
have been studying about effects of low-level laser therapy on thyroid gland
and found that patients who received therapy were able to reduce their
levothyroxine dose, while 47% were able to discontinue levothyroxine and have
normal thyroid function during the nine-month follow-up.
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The Global Light
Therapy Market Research Report added by Emergen Research to its expanding
repository is an all-inclusive document containing insightful data about the Light
Therapy market and its key elements. The report is formulated through extensive
primary and secondary research and is curated with an intent to offer the
readers and businesses a competitive edge over other players in the industry.
The report sheds
light on the minute details of the Light Therapy industry pertaining to growth
factors, opportunities and lucrative business prospects, regions showing
promising growth, and forecast estimation till 2027. The report assesses the
historical data and current scenario to offer accurate estimations of the Light
Therapy market in the coming years.
The leading market contenders listed in the
report are as follows:
Koninklijke Philips
N.V., Chal-Tec GmbH, Alexion Pharmaceuticals, Inc., Lucimed, Soligenix, Lumos,
Gleam, Northern Light Technologies, Zepter International, SPHERE Technology
Solutions, Photomedex.com, Lumie, and Joovv, Inc.
Emergen Research has segmented the
global light therapy market based on product, light type, application, end-use,
and region:
Product Outlook (Revenue, USD Billion;
2019–2030)
Light Visor
Light Box
Floor and Desk Lamp
Dawn Simulator
Bulbs
Handheld Skin Treatment Devices (HSTDs)
Others
Light Type Outlook (Revenue, USD
Billion; 2019–2030)
Blue
White
Red
Others
Application Outlook (Revenue, USD
Billion; 2019–2030)
Acne Vulgaris
Sleeping Disorders
Eczema
Psoriasis
Winter Blues
Vitiligo
Others
End-use Outlook (Revenue, USD Billion;
2019–2030)
Dermatology Clinics
Homecare Settings
Others
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Regional Analysis:
The report further
examines the market in the key regions of the world with regard to production
and consumption patterns, import/export, supply and demand ratio, revenue
generation, market share and size, and presence of prominent players in the
regions. The report also covers the expansion plans undertaken by companies in
the regions under the regional analysis section.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin
America
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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Key Questions Addressed in the Report:
Who are the leading
players in the Light Therapy industry?
Which region is
expected to dominate the market in the coming years?
What are the key
applications of Light Therapy?
Which segment is
expected to garner traction during the coming years?
What are the key
strategies adopted by leading players in the market?
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