Light Therapy Market Share Grow at CAGR of 5.10% to hit USD 1.19 billion by 2022-2030 | Report By Market Research Future

Light Therapy Market Research Report Information By Product (Light Box, Floor and Desk Lamps, Light Visor, HDST, Others), By Application (Psoriasis, Vitiligo, Eczema, Acne Vulgaris, Others), By Light Type (Blue Light, Red Light, White Light, Others) and By End-User (Homecare Settings, Dermatology Clinics, Others), And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) – Market Forecast Till 2030.

According to MRFR analysis, the global light therapy market is projected to grow from USD 0.84 Billion in 2022 to USD 1.19 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 5.10% during the forecast period (2022 – 2030).

The light therapy market refers to the use of specific wavelengths of light to treat various medical conditions, including seasonal affective disorder (SAD), psoriasis, sleep disorders, and non-seasonal depression. Light therapy is also used to improve skin health, accelerate wound healing, and treat cancer. COVID-19 Impact on Light Therapy Market: The COVID-19 pandemic has had a significant impact on the light therapy market. The increased prevalence of depression and anxiety during the pandemic has resulted in increased demand for light therapy devices. Additionally, the pandemic has led to a surge in the adoption of telemedicine, which has enabled patients to receive light therapy treatments remotely.

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Key Players

Some of the top market players are Beurer (Germany), Northern Light Technology (Canada), BioPhotas (US), Chal-Tec GmbH (Germany), Koninklijke Philips (Netherlands), Lucimed SA (Belgium), Lumie (UK), Verilux (US), Nature Bright (Taiwan), and Zepter International are some of the companies that make up the Zepter International Group (Switzerland).

Market Segmentation

The Global light therapy market has been segmented based on product, application, type and end-user.

Based on Product: Light Box, Floor and Desk Lamps, Light Visor, HDST

Based on Application: Psoriasis, Vitilig, Eczema, Acne Vulgaris

Based on type: Blue Light, Red Light and White Light

Based on End-User: Homecare Settings and Dermatology Clinics

Regional Analysis

The light therapy market is segmented by region into North America, Europe, Asia-Pacific, and Rest of the World. North America dominates the global light therapy market due to the increasing prevalence of skin diseases, mental disorders, and other medical conditions in the region. Europe is the second-largest market for light therapy, followed by the Asia-Pacific region. The Asia-Pacific region is expected to witness the fastest growth during the forecast period due to the rising adoption of light therapy devices in countries such as China, Japan, and India.

Browse In-depth Market Research Report (111 Pages) on Light Therapy

: https://www.marketresearchfuture.com/reports/light-therapy-market-8366

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