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on July 16, 2022
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 study is an extensive collection of insightful information about the Light Therapy Market industry. The report covers the Light Therapy Market segmentation along with a detailed outline of the Light Therapy Market size with regards to volume and valuation. The report provides comprehensive coverage of the Light Therapy Market scenario for the current period and forecast timeline of 2022-2030. The Light Therapy Market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
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.
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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:
This section of the report offers valuable insights into the geographical segmentation of the Light Therapy market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
The report classifies the global Light Therapy market into various regions, including:
North America (U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Middle East & Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
Key point summary of the report:
The report offers a comprehensive overview of the market size, share, and growth rate in the forecast duration.
It provides details about current scenario, historical data, giving an accurate market forecast for the coming years.
The study categorizes the market on the basis of product types, applications, end users, market value and volume, business verticals, and 5 major regions.
It also offers regional market analysis and forecast for prominent geographies in the sector viz., North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Industry supply chain, sourcing strategy, upstream feedstock, and downstream demand analysis has also been undertaken in the research report.
The study offers a comprehensive understanding of the demand and supply dynamics, including production and consumption rates, and mapping of the overall market.
The report employs different analytical tools including, SWOT analysis, Porter’s five forces analysis, and pricing analysis, to give precise market information.
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