Light Therapy Market-Industry Analysis And Forecast 2019 – 2027

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Light Therapy Market-Industry Analysis and forecast 2019 – 2027

Light Therapy Market size was valued at USD XX.14 million in 2019 and is expected to witness 4.6% CAGR from 2019 to 2027, reaching nearly USD XX.84 million by 2027.

Light Therapy Market

The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.

Light therapy is a treatment in which patient is exposed to an artificial light source. The therapy primarily treats major depressive disorder with seasonal patterns also known as SAD. This is a type of depression usually occurs during winter. Light is also used to treat other medical conditions such as sleep disorders and other types of depression.

Ultraviolet (UV) light therapy approaches, for example, UVB phototherapy and psoralen in addition to ultraviolet A (PUVA) can be utilized to decrease the symptoms of psoriasis. The therapy can likewise be used with topical medication or tablets to reduce inflammation and moderate the creation of skin cells.

Global light treatment market is developing at a rapid pace, mostly because of the rising interest for non-intrusive medicines. Utilizations of light treatment are expanding broadly, containing therapies of a horde of maladies going from sun harm and skin inflammation to mTBT and skin malignancy. Mechanical advances have offered some energizing prospects to reform the treatment methodology further. Resultantly, the light treatment market size is expanding step by step across the globe.

Growing burden of dermatological issues, for example, wrinkles, acne vulgaris and psoriasis in both developed and developing countries will benefit light treatment market in future. Broad utilization of expansive band (UVB) and limited band bright (UVB) phototherapy for treating skin problems will move industry development.

Expanding predominance of SAD is expected to drive the global light treatment market in future. For example, as per the University of Utah in September 2018, 10 million individuals in the U.S. experienced SAD in 2016, which expanded to 19 million in 2018.
Besides, expanding utilization of light therapy devices for the treatment of musculoskeletal wounds is additionally expected to impel growth of the market. Light therapy offers different points of interest, for example, discomfort of pain and inflammation while promoting blood flow and the body’s own tissue repair mechanisms.

Utilization of high intensity light for the treatment of neurological disorders, for example, bipolar and different sclerosis may lead to post treatment side effects, for example, nausea, cough, and dizziness. This is expected to obstruct growth of the global light therapy market.

Additionally, utilization of light therapy for individuals with drug resistant nonseasonal depression can bring about a hyperactive state called mania, which is likewise expected to hamper growth of the market.

North America held major share in the global light therapy market in 2018, representing 43.1% share in terms of value, followed by Europe.

The objective of the report is to present a comprehensive analysis of the Light Therapy Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Light Therapy Market dynamics, structure by analyzing the market segments and projects the Light Therapy Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Light Therapy Market make the report investor’s guide.

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Scope of the Light Therapy Market: Inquire before buying

Light Therapy Market, By Product

• Light box
• Floor and desk lamps
• Light visor
• Handheld devices for skin treatment (HDST)
• Others (Dawn simulator, Light therapy bulbs)
• Light therapy bulbs
• Others
Light Therapy Market, By Light Type

• Blue light
• Red light
• White light
• Others
Light Therapy Market, By Application

• Psoriasis
• Vitiligo
• Eczema
• Acne vulgaris
• Others (Winter blues, Sleeping disorders, Seasonal affective disorder (SAD))
• Sleeping disorders
• Seasonal affective disorder (SAD)
• Others
Light Therapy Market, By End-User

• Homecare settings
• Dermatology clinics
• Others
Light Therapy Market, By Region

• Asia Pacific
• North America
• Europe
• South America
• Middle East & Africa
Key players operating in the Light Therapy Market

• Aura Daylight,
• Beurre,
• BioPhotas,
• ChalTec,
• Koninklijke Philips,
• Lumie,
• Northern Light Technology,
• Nature Bright,
• Neutrogena,
• Photo medex,
• Sphere Gadget Technologies,
• Verilux,
• Zepter International
• Johnson & Johnson Services, Inc.,
• Philips
• Zepter
• Bewer
• Carex
• Lucimed S.A

 

 This Report Is Submitted By : Maximize Market Research Company

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