US Light Therapy Market Research Report Forecast to 2030
The growth of the US light therapy market is attributed to the growing preference of patients toward non-invasive procedures, growing concern about mental health and rising demand for various depression therapies, and a rising number of strategic initiatives. However, side effects and risk associated with light therapy and lack of awareness among people is anticipated to hamper the market growth.
Light therapy, often known as phototherapy, is a method of medical care that uses artificial lighting. It is primarily used to treat seasonal affective disorder, a form of seasonal depression. This treatment compensates for the patient's lack of sun exposure, which is a leading cause of the disease. The light source simulates natural sunlight to assist with rehabilitation. Additionally, many different types of depression and sleep disorders are treated by light therapy. The amount of light utilized in treatment is determined using lux gauges, a unit of measurement.
Light therapy or phototherapy is a treatment type where the patient is exposed to an artificial light source. It mainly affects brain chemicals linked to mood and sleep, and also helps to reset the circadian rhythms, which control the sleep-wake cycle. This therapy is used in the treatment of various disorders, including depression, sleep disorders, jet lag, and Seasonal Affective Disorder (SAD). Factors such as the growing preference of patients toward non-invasive procedures are one of the major factors driving the growth of the light therapy market. Likewise, the rising number of strategic initiatives is further fueling the growth of the market during the review period. However, side effects and risk associated with light therapy is expected to hamper the growth of the light therapy market. Nevertheless, technological advancement in light therapy is anticipated to create lucrative opportunities for the players operating in the light therapy market.
Market SegmentationBased on the product, the US light therapy market has been segmented into light box, floor & desk lamps, light visors, Handheld Devices for Skin Treatment (HDST), dawn simulators, light therapy bulbs, and others. The floor & desk lamps segment dominated the market in 2021.
Based on light type, the US light therapy market is segmented into white light, red light, blue light, and others. The blue light segment dominated the market in 2021.
On the basis of application, the US light therapy market is segmented into psoriasis, vitiligo, eczema, acne vulgaris, Seasonal Affective Disorder (SAD), sleeping disorders, fat loss, mood disorders, and others.
On the basis of end user, the US light therapy market is segmented into homecare settings, hospitals, dermatology clinics, and others. The hospitals segment dominated the market in 2021, while the dermatology clinics segment is projected to be the faster-growing segment during the forecast period.
Major PlayersKoninklijke Philips N.V. (Germany), The Beurer Group (Germany), Biophotas (US), Lucimed SA (Belgium), PhotoMedex (US), and Nature Bright (US), Carex (US), and Zepter International (Switzerland).
Companies MentionedKoninklijke Philips N.V. (Germany)
The Beurer Group (Germany)
Biophotas (US)
Lucimed SA (Belgium)
PhotoMedex (US)
and Nature Bright (US)
Carex (US)
and Zepter International (Switzerland).
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