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PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1358083
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1358083
Light Therapy Market, By Product Type, By Light Type (White Light, Blue Light, Red Light, Others ), By End User (Dermatology Clinics, Home Care Settings, Others ), By Geography
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PAGES: 154 Pages
DELIVERY TIME: 2-3 business days
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The global light therapy market is estimated to be valued at US$ 989.2 million in 2023 and is expected to exhibit a CAGR of 5.2% during the forecast period (2023-2030).
| Report Coverage | Report Details | ||
|---|---|---|---|
| Base Year: | 2022 | Market Size in 2023: | US$ 989.2 Mn |
| Historical Data for: | 2018 to 2021 | Forecast Period: | 2023 - 2030 |
| Forecast Period 2023 to 2030 CAGR: | 5.20% | 2030 Value Projection: | US$ 1,410.9 Mn |
Global Light Therapy Market Share (%), By Light Type, 2023
Light therapy, also called phototherapy or heliotherapy, uses fluorescent light bulbs, sunlight, light-emitting diodes (LEDs), and other sources of light for the treatment of medical conditions such as neurological disorders, skin disorders, jaundice, and others. The therapy uses visible light of various wavelengths that produce positive effects on the human body, for example, red and near-infrared light, blue light, and green light. The red and near-infrared light targets the mitochondria of the cells to boost cellular energy production, which provides healing effects throughout the body. Blue light provides an antimicrobial effect, so it is used for the treatment of skin disorders such as acne and others, and green light has been found beneficial for reducing the frequency and intensity of migraines.
Market Dynamics
Market players indulge in inorganic activities such as partnerships with distributors, which may increase the customer base, and this in turn is expected to drive growth of the market over the forecast period. For instance, on January 2, 2020, LightStim, a manufacturer of handheld LED therapy devices, entered into a partnership with AestheticSource, a distributor of aesthetic products. This agreement is expected to increase patient access to light therapy products.
Key players are also engaged in launching new and innovative products, which is expected to support growth of the market over the forecast period. For instance, on December 3, 2020, GlobalMed Technologies launched Omnilux Contour, a line of home-use LED light therapy products based on Omnilux Medical technology. Moreover, GlobalMed Technologies also launched its new store online, where all the light products are available for sale.
Key features of the study:
- This report provides an in-depth analysis of the global light therapy market and provides market size (US$ Million) and compound annual growth rate (CAGR) for the forecast period (2023-2030), considering 2022 as the base year It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global light therapy market based on the following parameters- company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include Koninklijke Philips N.V., Verilux, Inc., Northern Light Technology, TheraLight, LLC, Zepter International, Photomedex Inc., Beurer GmbH, Nature Bright, Lucimed SA, Lumie, PhotonMD, Inc., Aura Daylight, Sphere Gadget Technologies, BioPhotas, Chal-Tec, Johnson and Johnson, and Carex Health Brands Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- Global light therapy market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global light therapy market.
Light Therapy Market Detailed Segmentation:
- By Product Type:
- Light Box
- Lamps
- Light Visor
- Dawn Simulator
- Light Therapy Bulbs
- Handheld Devices
- By Light Type:
- White Light
- Blue Light
- Red Light
- Others (Green and Yellow Light)
- By End User:
- Dermatology Clinics
- Home Care Settings
- Others (Salons, etc.)
- By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
- Company Profiles
- Koninklijke Philips N.V.
- Verilux, Inc.
- Northern Light Technology
- TheraLight, LLC
- Zepter International
- Photomedex Inc.
- Beurer GmbH
- Nature Bright
- Lucimed SA
- PhotonMD, Inc.
- BioPhotas
- Chal-Tec GmbH
- Johnson and Johnson
- Carex Health Brands Inc.
Product Code: CMI384
Table of Contents
1. Research Objective and Assumption
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Light Type
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Recent Test Launches
- Epidemiology
- Merger, Acquisition, and Collaborations
- Regulatory Scenario
- Key Developments
- PEST Analysis
4. Global Light Therapy Market - COVID-19 Impact Analysis
- Economic Impact
- COVID-19 Epidemiology
- Impact on Supply and Demand
5. Global Light Therapy Market, By Product Type, 2018- 2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- Light Box
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Lamps
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Light Visor
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Dawn Simulator
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Light Therapy Bulbs
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Handheld Devices
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
6. Global Light Therapy Market, By Light Type , 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- White Light
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Blue Light
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Red Light
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
- Others (Green and Yellow Light)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Segment Trends
7. Global Light Therapy Market, By End User, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- Dermatology Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Home Care Settings
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
- Others (Salons, etc.)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Mn)
8. Global Light Therapy Market, By Region, 2018-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2018-2030
- Segment Trends
- North America
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Mn)
- Market Size and Forecast, Y-o-Y Growth and By Light Type , 2018 -2030, (US$ Mn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 -2030, (US$ Mn)
- U.S.
- Canada
- Europe
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Mn)
- Market Size and Forecast, Y-o-Y Growth and By Light Type , 2018 -2030, (US$ Mn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 -2030, (US$ Mn)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Mn)
- Market Size and Forecast, Y-o-Y Growth and By Light Type , 2018 -2030, (US$ Mn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 -2030, (US$ Mn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Mn)
- Market Size and Forecast, Y-o-Y Growth and By Light Type , 2018 -2030, (US$ Mn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 -2030, (US$ Mn)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Middle East
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Mn)
- Market Size and Forecast, Y-o-Y Growth and By Light Type , 2018 -2030, (US$ Mn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country, 2018 -2030, (US$ Mn)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast,Y-o-Y Growth and By Product Type, 2018 -2030, (US$ Mn)
- Market Size and Forecast, Y-o-Y Growth and By Light Type , 2018 -2030, (US$ Mn)
- Market Size and Forecast,Y-o-Y Growth and By End User, 2018-2030, (US$ Mn)
- Market Size and Forecast, By Country, Y-o-Y Growth and By Country/Region, 2018 -2030, (US$ Mn)
- North Africa
- Central Africa
- South Africa
9. Competitive Landscape
- Company Profiles
- Koninklijke Philips N.V. *
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Verilux, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Northern Light Technology
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- TheraLight, LLC
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Zepter International
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Photomedex Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Beurer GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Nature Bright
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Lucimed SA
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- PhotonMD, Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- BioPhotas
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Chal-Tec GmbH
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Johnson & Johnson
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
- Carex Health Brands Inc.
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Overview
- Strategies
10. Section
- References
- Research Methodology
- About us and Sales Contact
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