The global Light Therapy Market report covers the analysis of drivers, trends, limitations, restraints, and challenges arising in the Light Therapy Market. The report also discusses the impact of various other market factors affecting the growth of the market across various segments and regions. The report segments the market on the basis of types, applications, and regions to impart a better understanding of the Light Therapy Market.

The Global Light Therapy Market Report is a comprehensive report on the Light Therapy market, offering key insights on business strategies, current trends, and presenting qualitative and quantitative analysis of the Light Therapy market. This report offers in-depth research insights on key and significant aspects of the Light Therapy market, providing an in-depth analysis of key drivers, restraints, restraints, growth prospects, threats, and risks. The report also includes an in-depth analysis of the competitive landscape and regional scope of the Light Therapy market. Additionally, the report will be updated in line with changes in market dynamics and economic scenarios due to the COVID-19 pandemic.

The global light therapy market size was USD 1.10 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period. Technological advancements in light therapy and launch of innovative products, such as handheld light therapy devices, are factors projected to support market revenue growth between 2021 and 2030. For example, Body Balance System, a Las Vegas-based company makes zero-gravity beds filled with small red lights or diodes due to its health and skin benefits such as fat loss, pain relief, muscle recovery after a workout, and others. In addition, researchers in Brazil have been studying about effects of low-level laser therapy on thyroid gland and found that patients who received therapy were able to reduce their levothyroxine dose, while 47% were able to discontinue levothyroxine and have normal thyroid function during the nine-month follow-up.

However, risks and side effects associated with light therapy procedures are expected to hamper market revenue growth. Light therapy is not best suited to all individuals and can cause side effects including sunburn and skin tenderness, photosensitive skin eruptions, skin cancer, and premature skin aging, among others.

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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Light Therapy industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.

Segments Covered in this report are:

  • Product Outlook (Revenue, USD Billion; 2019–2030)

    • Light Visor
    • Light Box
    • Floor and Desk Lamp
    • Dawn Simulator
    • Bulbs
    • Handheld Skin Treatment Devices (HSTDs)
    • Others
  • Light Type Outlook (Revenue, USD Billion; 2019–2030)

    • Blue
    • White
    • Red
    • Others
  • Application Outlook (Revenue, USD Billion; 2019–2030)

    • Acne Vulgaris
    • Sleeping Disorders
    • Eczema
    • Psoriasis
    • Winter Blues
    • Vitiligo
    • Others

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The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

Companies profiled in the global Light Therapy market:

Koninklijke Philips N.V., Chal-Tec GmbH, Alexion Pharmaceuticals, Inc., Lucimed, Soligenix, Lumos, Gleam, Northern Light Technologies, Zepter International, SPHERE Technology Solutions, Photomedex.com, Lumie, and Joovv, Inc

Regional Landscape section of the Light Therapy report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Questions Addressed in the Report:

Who are the leading players in the Light Therapy industry?

Which region is expected to dominate the market in the coming years?

What are the key applications of Light Therapy?

Which segment is expected to garner traction during the coming years?

What are the key strategies adopted by leading players in the market?

 

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