Light Therapy Market Research Report: By Product (Light Box, Floor and Desk Lamps, Light Visor, HDST, Others), Application (Psoriasis, Vitiligo, Eczema, Acne Vulgaris, Others),Light Type (Blue Light, Red Light, White Light, Others) and End-User (Homecare Settings, Dermatology Clinics, Others) – Forecast to 2027
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Market Influencers
The rising prevalence of dermatological disorders and psychological conditions such as SAD (Seasonal Affective Disorder). The key players operating in the global light therapy market are focusing on strategic initiatives, mergers & acquisitions, partnerships, agreements, product launches, government approvals, and expansion of manufacturing facilities.
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.
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. The psoriasis segment is estimated to hold significant market share in the market due to the increasing prevalence of psoriasis and demand for novel therapeutics.
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.
Key Players
Northern Light Technology (Canada)
Chal-Tec GmbH (Germany)
Beurer (Germany)
BioPhotas (US)
Lucimed SA (Belgium)
Verilux (US)
Koninklijke Philips (Netherlands)
Nature Bright (Taiwan)
Zepter International (Switzerland)
Lumie (UK)
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