Light Therapy Market - By Product (Light Box, Floor and Desk Lamp, Light Visor, Dawn Simulator), By Application (Psoriasis, Vitiligo, Eczema, Acne Vulgaris, Winter Blues, Sleeping Disorders, Seasonal Affective Disorder), Light Type, End-use & Global Forecast, 2023-2032
Published Date: August - 2024 | Publisher: MIR | No of Pages: 240 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationLight Therapy Market - By Product (Light Box, Floor and Desk Lamp, Light Visor, Dawn Simulator), By Application (Psoriasis, Vitiligo, Eczema, Acne Vulgaris, Winter Blues, Sleeping Disorders, Seasonal Affective Disorder), Light Type, End-use & Global Forecast, 2023-2032
Light Therapy Market Size
Light Therapy Market size was valued at more than USD 997 million in 2022 and will progress tremendously to reach over USD 1.5 billion by 2032 at 6.3% CAGR. Rising number of patients with dermatological disorders and seasonal affective disorders will drive industry demand.
Imagine getting some sunshine or an artificial light treatment to heal your skin or boost your mood? That's what light therapy (also called phototherapy) is all about. It uses different types of light, like LED lights, to treat things like wounds, psoriasis, and even eczema. It's a popular option because it's non-invasive, which means it doesn't involve surgery or invasive procedures. More and more people are choosing light therapy because it's easy on the body and can reduce pain. Red light therapy, in particular, has found success in treating inflammation, arthritis, and bone injuries. It's a natural way to heal without the need for drugs, and it has shown promising results in various medical conditions.
| Report Attribute | Details |
|---|---|
| Base Year | 2022 |
| Light Therapy Market Size in 2022 | USD 997 Million |
| Forecast Period | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR | 6% |
| 2032 Value Projection | USD 1.5 Billion |
| Historical Data for | 2018 to 2022 |
| No. of Pages | 150 |
| Tables, Charts & Figures | 150 |
| Segments covered | Product, Application, Light, End-use, and Region |
| Growth Drivers |
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| Pitfalls & Challenges |
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Light Therapy Market Trends
Hey there! The race to develop new light therapies is heating up, and it's set to give the light therapy market a major boost. Thanks to amazing tech breakthroughs, we're seeing light therapies pop up to help heal all kinds of skin problems and even sleep issues. Now, laser treatments for skin issues can get pricey and cause a bit of skin damage. But light therapy is stepping in as a cool alternative. People are clamoring for these advanced dermatology treatments that use red and green light to tackle acne, wrinkles, and even rosacea. As these treatments get even better, we're going to see more people turning to them in the years to come.
Light Therapy Market Analysis
Light therapy market from light box segment held more than USD 198 million revenue in 2022 and is anticipated to reach over USD 352 million by 2032. The high segment size is primarily driven by its increasing usage and adoption. Seasonal affective disorder can be effectively treated with a light therapy box. Segment growth is primarily driven due to its growing usage and adoption. Light therapy box offers an effective treatment option for seasonal affective disorder.
Light therapy market from psoriasis segment held more than USD 210 million revenue in 2022 and is anticipated to reach over USD 382 million by 2032. Psoriasis is becoming more prevalent, particularly in developed countries where lifestyles have become more sedentary and stressful. As a result, the number of patients seeking treatment is growing, which is driving the market outlook.
Growing pervasiveness of various skin conditions due to allergies, faltering environment, lifestyle and other factors is creating demand for wide range of dermatological therapies. According to the National Psoriasis Foundation, 8 million American have psoriasis. Light therapy products lower the inflammation and itching sensation caused in this skin condition and thus is gaining popularity.
Hey there! I've got some exciting news about a treatment that's been getting a lot of buzz lately. It's called blue light therapy, and it's been shown to be super effective for treating skin conditions like psoriasis, eczema, and acne. Here's how it worksblue light shines into your skin at a specific wavelength, which helps to kill the bacteria and reduce inflammation that's causing your skin problems. It's like a superhero for your skin! Blue light therapy isn't just great for skin issues, though. It's also being used to treat other conditions like seasonal affective disorder (SAD) and acne vulgaris. That means it's not just a skin saver—it's a health hero too! Get thisthe market for blue light therapy is growing like crazy, with a predicted 6.9% increase in the next few years. That's because more and more people are discovering how well it works. So, if you've been struggling with skin problems, blue light therapy is definitely worth checking out. It's safe, effective, and might just be the secret to finally getting the clear, healthy skin you've always wanted.
Homecare settings segment dominated the global light therapy market accounting for more than 59% business share in 2022 and is estimated to reach over 1,150 million by 2032. Rising awareness and demand for homecare devices and availability of handheld and user-friendly devices will foster the segment value. Moreover, key industry players are focusing on development of advanced light therapy devices that treat health related conditions at home with ease-of-use and improved patient management.
North America light therapy market accounted for more than 33% in 2022. The regional market growth is primarily due to rising awareness about light therapy and technological advancements in healthcare for efficient patient care. Furthermore, strong presence of business players in the region as well as wide product availability will propel the overall industry progression. Further, rising disposable income of the population base and rapid urbanization will accelerate the market share.
Light Therapy Market Share
The light therapy industry consists of several players including
- Aura Daylight
- Beurer
- BioPhotas
- Carex Health Brands (Compass Health Brands Corp.)
- The Daavlin Company
- Koninklijke Philips N.V
- Lucimed
- Lumie
- Medisana GmbH
- Northern Light Technologies
- Niraxx
- Verilux
- PhotoMedex
- Zepter International
The light therapy market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032 for the following segments
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By Product
- Light Box
- Floor and Desk Lamps
- Light Visor
- HDST
- Dawn Simulator
- Light Therapy Bulbs
- Others
By Application
- Psoriasis
- Vitiligo
- Eczema
- Acne Vulgaris
- Winter Blues
- Sleeping Disorders
- SAD
- Others
By Light Type
- Blue Light
- Red Light
- White Light
- Others
By End-use
- Homecare Settings
- Dermatology Clinics
- Others
The above information is provided for the following regions and countries
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
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