Light Therapy Devices: Global Markets



Scope of the Report: This report examines the current and forecast market for light therapy devices. It discusses the market background, technological advancement, competitive landscape, drivers and constraints, and market growth trends.

New York, June 27, 2022 (GLOBE NEWSWIRE) — announces the release of the report “Light Therapy Devices: Global Markets” –

This report includes market forecasts through 2027, detailing the market share for light therapy devices by product and type of light.

By product, the light therapy device market is segmented into light boxes, lamps, light sights, dawn simulators, incandescent lamps, portable light therapy devices, full-body light therapy devices, and others. By light type, the market is segmented into white light, red light, blue light and others.

By geography, the market is segmented into Europe, North America, Asia-Pacific (APAC), and Rest of the World (RoW). markets of major countries such as USA, Germany, Canada, UK, Spain, Italy, France, Japan, India and China are analysed. For market estimates, data is provided for 2021 as a base year, 2022 and forecast to the end of 2027. Estimated values ​​are based on manufacturers’ total revenues. Projected and forecast sales values ​​are in constant US dollars that are not adjusted for inflation.

Report contains:
– 15 data tables and 13 additional tables
– An updated overview of the global light therapy device market
– Analyzes of the global market trends, with market revenue (sales data) from 2020 and 2021, estimates for 2022 and projections of compound annual growth rates (CAGRs) to 2027
– Highlights of the current and future market potential for light therapy devices, and areas of focus to forecast this market in different segments and sub-segments
– Evaluation and forecasting of the global Light Therapy Devices market size, projected growth trends, and associated market share analysis by product category, light type and geographical region
– Discussion of technological advances in this innovation-driven market, regulatory concerns and increasing applications of light therapy in the treatment of seasonal affective disorder (SAD) and sleep-related disorders
– Revision of patent grants for innovations in light therapy devices and applications
– In-depth information on increasing investments in R&D activities, key technology issues, industry-specific challenges, key end-user market types and the impact of COVID-19 on this market
– Identification of key stakeholders and analysis of the competitive landscape based on recent developments and segmented revenues
– Updated information on major M&A deals, agreements, collaborations, product launches, achievements and partnerships within the market
– Company profiles of major players, including Beurer, GlobalMed Technologies (GMT), Koninklijke Philips NV, Lucimed, Verilux

The global light therapy device market was valued at $REDACTED million in 2021. The market is expected to grow at a compound annual growth rate (CAGR) of REDACTED%, reaching $REDACTED billion by the end of 2027.

The increasing incidence of skin-related conditions and the increasing preference for non-invasive treatments are the factors driving the market growth.

Technological advances in light therapy coupled with an upward trend in light therapy treatments are positively impacting the industry’s growth. Continued improvements in the clinical benefit of light therapy are also increasing market demand.

Humans need sunlight and if they don’t have enough they can be drowsy, unfocused and irritable. To make matters worse, as the days shorten in the fall and winter, many people are affected by SAD and its less severe relative, the “winter blues.” For the large numbers of people who generally don’t get enough full spectrum sunlight, light therapy devices can help them be happier all year round.

Light therapy has quickly become widespread among people concerned about their fitness and health. It has gained recognition as an affordable method of therapy that can benefit mental health, skin care, energy, sleep cycles, and muscle tone.

Because they are painless, easy to use (also at home) and free of side effects, the therapy devices have become more acceptable.

While light therapy can be used to treat a wide variety of problems, both mental and physical, no single type of light therapy can solve all of these problems. There are lights of different colors and many different spectra, and each color of light has its own specific set of uses and functions.

Individuals cannot achieve the relief provided by blue light therapy by undergoing red light therapy, or vice versa.

In addition, the type of device people will use can change due to the change in the type of light. Therefore, light therapy users should be aware of the types of lamps being used so that they can know what kind or color of light and what type of device they need.
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