Global Light Therapy Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Light box, Floor % desk lamps, Light visor, Handheld devices for skin treatment (HDST), Dawn simulator, Light therapy bulbs and Others.

By Application;

Psoriasis, Vitiligo, Eczema, Acne vulgaris, Winter blues, Sleeping disorders, Seasonal affective disorder (SAD) and Others.

By Light Type;

Blue light, Red light, White ligh and Others.

By End-use;

Homecare settings, Dermatology clinics and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn123948219 Published Date: June, 2024 Updated Date: July, 2024

Introduction

Global Light Therapy Market (USD Million), 2020 - 2030

In the year 2023, the Global Light Therapy Market was valued at USD 789.80 million. The size of this market is expected to increase to USD 1,118.76 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.1%.

The global light therapy market has witnessed remarkable growth in recent years, driven by increasing awareness about its therapeutic benefits across various medical and wellness applications. Light therapy, also known as phototherapy, involves the use of specific wavelengths of light to treat a wide range of conditions, including skin disorders, mood disorders, sleep disturbances, and more.

This non-invasive approach has gained traction as a preferred treatment option due to its efficacy, safety, and minimal side effects compared to traditional treatments. With advancements in technology and a growing body of research supporting its effectiveness, the global light therapy market is poised for continued expansion. Factors such as the rising prevalence of skin disorders, the growing incidence of seasonal affective disorder (SAD), and the increasing adoption of light therapy in dermatology and psychiatry practices are expected to drive market growth further.

The emergence of portable and wearable light therapy devices has democratized access to treatment, fueling market penetration and adoption among consumers seeking alternative healthcare solutions. As the demand for non-pharmacological therapies continues to rise, the global light therapy market is positioned to thrive, offering new avenues for innovation and investment in the healthcare sector.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Application
    3. Market Snapshot, By Light Type
    4. Market Snapshot, By End-use
    5. Market Snapshot, By Region
  4. Global Light Therapy Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Minimal side effects

        2. Prevalence of skin disorders

        3. Seasonal affective disorder (SAD)

        4. Non-pharmacological therapies

      2. Restraints
        1. Lack of Long-Term Studies

        2. Competition from Alternatives

        3. Infrastructure and Access

        4. Partnerships with wellness and lifestyle

      3. Opportunities
        1. Expansion into new markets

        2. Personalization of treatment options

        3. Research into new therapeutic applications

        4. Integration with existing healthcare practices

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Light Therapy Market, By Product, 2020 - 2030 (USD Million)
      1. Light box
      2. Floor & desk lamps
      3. Light visor
      4. Handheld devices for skin treatment (HDST)
      5. Dawn simulator
      6. Light therapy bulbs
      7. Others
    2. Global Light Therapy Market, By Application, 2020 - 2030 (USD Million)
      1. Psoriasis
      2. Vitiligo
      3. Eczema
      4. Acne vulgaris
      5. Winter blues
      6. Sleeping disorders
      7. Seasonal affective disorder (SAD)
      8. Others
    3. Global Light Therapy Market, By Light Type, 2020 - 2030 (USD Million)
      1. Blue light
      2. Red light
      3. White ligh
      4. Others
    4. Global Light Therapy Market, By End-use, 2020 - 2030 (USD Million)
      1. Homecare settings
      2. Dermatology clinics
      3. Others
    5. Global Light Therapy Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea ASEAN (Association of South East Asian Countries)
        6. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Aura Daylight
      2. Beurer
      3. BioPhotas
      4. Chal-Tec
      5. Koninklijke Philips
      6. Lucimed
      7. Lumie
      8. Northern Light Technology
      9. Nature Bright
      10. Neutrogena
      11. Photomedex
      12. Sphere Gadget Technologies
      13. Verilux
      14. Zepter International
  7. Analyst Views
  8. Future Outlook of the Market