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, according to the latest analysis by Emergen Research. Between 2021 and 2030, it is expected that factors including technological developments in light therapy and the introduction of novel products, like handheld light treatment devices, will promote market revenue growth.
For instance, Body Balance System, a business based in Las Vegas, creates zero-gravity mattresses loaded with tiny red lights or diodes for their skin and health advantages, including fat removal, pain alleviation, and muscle rehabilitation after exercise. Additionally, Brazilian researchers who have been researching the effects of low-level laser therapy on the thyroid gland discovered that 47% of patients who had the therapy were able to stop using levothyroxine and maintain normal thyroid function throughout the course of a nine-month follow-up.
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However, it is anticipated that the risks and adverse effects of light treatment techniques may restrain market revenue growth. Not everyone responds well to light treatment, and it might have adverse effects like sunburn and skin sensitivity, photosensitive skin eruptions, skin cancer, and early skin ageing, among others.
The objectives of this study are to define, segment, and project the size of the Light Therapy Market based on company, product type, application and key regions.
The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Light Therapy Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
The leading market contenders listed in the report are as follows:
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.
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Regional Analysis:
This section of the report offers valuable insights into the geographical segmentation of the Light Therapy market, alongside estimating the current and future market valuations based on the demand-supply dynamics and pricing structure of the leading regional segments. Furthermore, the growth prospects of each segment and sub-segment have been meticulously described in the report.
The report classifies the global Light Therapy market into various regions, including:
North America (U.S., Canada)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Middle East Africa (Saudi Arabia, the U.A.E., South Africa, Rest of MEA)
Emergen Research has segmented the global light therapy market based on product, light type, application, end-use, and region:
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
End-use Outlook (Revenue, USD Billion; 2019–2030)
Dermatology Clinics
Homecare Settings
Others
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Radical Features of the Light Therapy Market Report:
The report encompasses Light Therapy market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Light Therapy industry
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