Light Therapy Market is Expected to Expand at a Fruitful CAGR of 5.1% During Forecast to 2025

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health-fitness

Summary

Market Research Future one of the supreme brands in market research industry has published a comprehensive analysis of “Light Therapy Market Research Report -Global Forecast to 2025”. Research provides important analysis of market size and share with top companies data.

Press Release

Market Overview:

Registering a CAGR of 5.1%, the global Light Therapy Market is expected to reach USD 1,112.16 Million in by 2025.

The increasing patient preference for non-invasive procedures is driving the growth of this market. Various medical facilities are now preferring to use non-invasive light therapies or phototherapies. This can be attributed to the advantages of non-invasive light therapy, such as reduced pain and better patient outcomes.

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Key Players:

  • Northern Light Technology
  • Chal-Tec GmbH
  • Beurer
  • BioPhotas
  • Lucimed SA
  • Verilux
  • Koninklijke Philips
  • Nature Bright
  • Zepter International
  • Lumie

Segmentation:

  • The global light therapy market has been segmented into product, application, light type, and end user.
  • By product, the market has been segmented into light box, floor and desk lamps, light visor, handheld devices for skin treatment (HDST), dawn simulator, light therapy bulbs, and others.
  • By application, the market has been segmented into psoriasis, vitiligo, eczema, acne vulgaris, seasonal affective disorder (SAD), and others.
  • On the basis of light type, the global light therapy market has been segmented into blue light, red light, white light, and others.
  • The global light therapy market, by end user, has been segmented into home care settings, dermatology clinics, and others.

Regional Analysis:

On a regional basis, the Americas is anticipated to dominate the global light therapy market owing to the rising demand for non-invasive procedures and rising prevalence of dermatological disorders in the region. For instance, about 1.9 percent of African Americans have psoriasis. Moreover, extensive research & development activities conducted by major key players operating in the market will boost market growth. For instance, in January 2018, BioPhotas launched Cellulma home, a model in the Cellulma series of light therapy products for the treatment of joint pain and arthritis. Europe is expected to hold the second-largest position in the global light therapy market owing to the rising public awareness about the benefits of light therapy devices.

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