Light Therapy Lamp Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2024-2032F, Segmented By Type (Floor Lamp, Table/Desk Lamp, Others (includes Wall Mounted, Tablet Lamps, etc.)), By Light Type (White Light, Blue Light, Red Light, Others (includes Green Light, Purple Light, Pink Light, etc.)), By End User (Dermatology Center, Home Care, Hospital & Clinic) By Distribution C
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Consumer Goods and Retail | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationThe global light therapy lamp market is anticipated to grow during the forecast period, 2023-2028F, with an impressive CAGR on account of rising skin diseases (like psoriasis, vitiligo, and eczema), sleep disorder, changing lifestyles, and seasonal affective disorder (SAD). Increasing awareness among people about the benefits of light therapy lamps and their aesthetic look at homes, offices, hotels, etc., is expected to escalate its demand during the forecast period.
Think of light therapy – or phototherapy, as some call it – as harnessing the power of daylight (or something like it!) to help with things like mood issues and skin problems. It's often touted as a really effective and affordable option, kind of like giving you a dose of the sun's good vibes. You've got your light therapy lamps in all shapes and sizesfloor models, ones that sit on your table or desk, you name it. And they come with different kinds of lights too, like white, blue, or red, depending on what you need. Now, the whole light therapy lamp market is really taking off lately! A big reason is that people are loving wake-up lights. These gradually brighten before your alarm goes off, easing you awake and helping you feel more alert. Basically, as more and more people focus on their personal health and feeling good, expect the light therapy market to keep shining bright!
The COVID-19 pandemic kept everyone indoors, and sadly, that led to more people struggling with mental health issues worldwide. This has created a bigger need for light therapy lamps, especially for using at home. Because stores were closed during lockdowns, the online channel became the go-to place to buy these lamps. It was really the only safe option! Plus, you see most businesses now selling online. Here in the United States, Best Buy Co., Inc. is a well-known electronic retailers store where you can find all sorts of light therapy floor lamps. They're pretty big across the US, and you can find them in Canada and Mexico too!
Growing Number of Skin Disorders and Rising Concern of Individuals Drives the Market Growth
Psoriasis? It can pop up at any age, anywhere in the world. It's a long-term skin thing that's not contagious, but it can really mess with your emotions, your social life, and just how you feel in general. The World Psoriasis Day folks say about 125 million people globally – that's like 2-3% of everyone – has it. And in the US alone, we're talking around 8 million people dealing with it. Because of this, more and more people are grabbing light therapy lamps to use at home. They help calm down the inflammation and that annoying itch. Basically, since so many skin issues like allergies are on the rise thanks to our environment, lifestyles, and other stuff, people are looking for all sorts of skin treatments.
Diseases Such as Seasonal Affective Disorder Fueling The Market Growth
When the days get short and the nights get long, it's tough. About one in twenty of us in the US find ourselves dealing with seasonal affective disorder (SAD), which is basically a type of depression tied to the changing seasons. You hear about "summer depression," but winter SAD is way more common. All those gloomy mornings and short days? They can mess with your sleep and leave you feeling totally drained. Turns out, when the sun disappears, so might some of our serotonin, that "happy hormone" that helps regulate mood, appetite, and body temperature. A big drop in serotonin during the winter months can really trigger those SAD blues. That's where a light therapy lamp comes in – it's supposed to help reset your body's internal clock, which gets thrown off by the changing seasons. That is why consumers are creating a greater demand for light therapy floor lamps at home.
Rising Sleep Disorder is Driving the Market Growth
It seems like more and more people are struggling with sleep these days, possibly because we're all leading such sedentary lives. The American Sleep Association says that a whopping 50 to 70 million adults in the US have some kind of sleep disorder, and chronic insomnia is a big part of that – we're talking about 10% of all sleep disorders! What's even more worrying is that 40% of folks between 40 and 59 say they're not getting enough sleep, compared to 37% of those in their 20s and 30s. Insomnia can affect anywhere from 10–30% of people globally, and sometimes even 50–60%. And the bad news doesn't stop thereinsomnia can lead to depression, make it harder to focus at work, increase the risk of accidents (whether on the road or at the job), and just generally make life less enjoyable. The good news? There are treatments available, and you can even take steps to prevent it. One option is light therapy, which can help tweak your body's internal clock – that thing that tells you when to be alert and when to be sleepy. When done right, light therapy can help reset your circadian rhythm and improve your sleep. Companies like Re-Timer are even creating devices to help shift workers and people with insomnia using this very method, making them leaders in light therapy.
Market Segmentation
So, the global light therapy market is broken down in a few waysfirst by type, like whether you're talking about floor lamps, table/desk lamps, or other types (think wall-mounted or portable lights). Then there's the light type – you've got white light, blue light, red light, and other options like orange, yellow, and green. We also look at who's actually using the light, like dermatology centers, people using it for home care, or even other places like offices or salons. Where you buy it matters too, so we consider places like supermarkets/hypermarkets, electronic retailers, or if you're buying online, plus other options. Finally, we look at different regions of the worldNorth America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Company Profiles
Verilux, Inc., Koninklijke Philips N.V., Beurer GmbH, Fairdeals Lites P Ltd (murphy' LED Lights), Nature Bright Co., Ltd., Outside In (Cambridge) Ltd (Lumie), Biophotas Inc. (Celluma), Lucimed SA, Carex Health Brands, Inc., and Thrasio Company (Circadian Optics), etc. are among the major players that are driving the growth of the global light therapy lamp market.
| Attribute | Details |
| Base Year | 2022 |
| Historical Years | 2018 – 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Billion, CAGR for 2018-2022 and 2023-2028 |
| Report Coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments Covered | Type Light Type End User Distribution Channel Region Company |
| Regional Scope | North America, Europe, Asia-Pacific, South America, Middle East & Africa |
| Key Companies Profiled | Verilux, Inc., Koninklijke Philips N.V., Beurer GmbH, Fairdeals Lites P Ltd (murphy' LED Lights), Nature Bright Co., Ltd., Outside In (Cambridge) Ltd (Lumie), Biophotas Inc. (Celluma), Lucimed SA, Carex Health Brands, Inc., Thrasio Company (Circadian Optics), etc. |
| Customization Scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request) |
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