Light Therapy Market, By Product Type (Light Box, Lamps, Light Visor, Dawn Simulator, Light Therapy Bulbs, Handheld Devices - Skin Treatment), By Light Type (White Light, Blue Light, Red Light, Others), By End User (Dermatology Clinics, Home Care Settings

Light Therapy Market, By Product Type (Light Box, Lamps, Light Visor, Dawn Simulator, Light Therapy Bulbs, Handheld Devices - Skin Treatment), By Light Type (White Light, Blue Light, Red Light, Others), By End User (Dermatology Clinics, Home Care Settings, Others (Workplace, Salons)), and By Regions (North America, Europe, Asia Pacific, Latin America, Middle East, Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Light therapy is also called as phototherapy or heliotherapy, which uses fluorescent light bulbs, sunlight, light emitting diode (LED), 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 which produces positive effects on the human bodies, for example, red and near infrared light, blue light, and green light. The red and near infrared light targets mitochondria of the cells to boost the cellular energy production, which provides healing effect throughout the body. Blue light provides antimicrobial effect thus it is used for the treatment of skin disorders such as acne and others, and the green light has been found beneficial for reducing the frequency and intensity of migraines
Market Dynamics
Market players are indulged 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, 2022, LightStim, a manufacturer of handheld LED therapy device, entered into a partnership with AestheticSource, a distributor of aesthetics products. This agreement is expected to increase patient access for the 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, 2022, GlobalMed Technologies launched Omnilux Contour, a line of home use LED light therapy products, which is based on the 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 global light therapy market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
It profiles leading players in the global light therapy market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans.
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 decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global light therapy market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision making through various strategy matrices used in analyzing the light therapy market.
Detailed Segmentation:
Global Light Therapy Market, By Product Type:
Light Box
Lamps
Light Visor
Dawn Simulator
Light Therapy Bulbs
Handheld Devices
Global Light Therapy Market, By Light Type:
White Light
Blue Light
Red Light
Others
Global Light Therapy Market, By End User:
Dermatology Clinics
Home Care Settings
Others
Global Light Therapy Market, By Region:
North America
By Country
U.S.
Canada
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
By End User
Dermatology Clinics
Home Care Settings
Others
Latin America
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
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
By End User
Dermatology Clinics
Home Care Settings
Others
Europe
By Country:
U.K.
Germany
Italy
Spain
France
Russia
Rest of Europe
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
By End User
Dermatology Clinics
Home Care Settings
Others
Asia Pacific
By Country:
Australia
India
China
Japan
ASEAN
South Korea
Rest of Asia Pacific
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
By End User
Dermatology Clinics
Home Care Settings
Others
Middle East
By Country:
GCC
Israel
Rest of Middle East
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
By End User
Dermatology Clinics
Home Care Settings
Others
Africa
By Country/Region:
South Africa
Central Africa
North Africa
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
By End User
Dermatology Clinics
Home Care Settings
Others
Company Profiles
Koninklijke Philips N.V.*
Company Overview
Product Portfolio
Financial Performance
Recent Highlights
Strategies
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.
“*” marked represents similar segmentation in other categories in the respective section.