Light Therapy Market is anticipated to reach US$ 3 Bn. by 2029 from US$ 2 Bn. in 2021 at a CAGR of 5.2 % during a forecast period.
Light Therapy Market Overview:
The report includes data on market growth as well as market segmentation by regions, product type, application, and industry end-use. This report looks at current Light Therapy Market trends in terms of demand, supply, and sales, as well as recent changes. Using the most up-to-date Light Therapy Market research techniques and technology, experts offer thorough and exact marketing research reports. This report includes a thorough evaluation of the Light Therapy market size and share as well as a wide range of industrial verticals.
Light Therapy Market Scope:
This study goes through demand estimates, market trends, and micro and macro variables in great detail. This study also highlights the elements that are propelling and impeding the market's growth. The report focuses on the key drivers and restraints for key companies, as well as the current competitive landscape and development prospects. The MMR in the study gives information on prospective investment opportunities to both existing and new market participants. To provide market insights, the research use analytical approaches such as Porter's five forces analysis and PESTLE of the Light Therapy market. The study also identified important impending changes that will have an impact on demand over the forecast period.
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Light Therapy Market Segmentation:
By Goods, Due to its expanding acceptance and appeal, the lightbox market produced sales of more than USD 210 million in 2021. The use of a light therapy box can effectively cure seasonal affective disorder. The market demand for light therapy is helped by attributes like favorable light intensity, low cost, safety, and style. Lightboxes emit light that mimics natural outside light to cure seasonal affective disorder. To receive the artificial outside daylight during light therapy, the patient must recline or stand close to the light box. Light therapy boxes are therefore used to address a range of mental illnesses, such as depression, sleep issues, and other mental illnesses. In addition, light treatment has been suggested for some COVID-19 individuals.
According to Light Type, the market for light therapy is anticipated to expand at a CAGR of 5.6 percent over the course of the forecast term. The market is expanding as a result of an increase in demand for non-invasive acne treatments that use light to kill bacteria on the face. Additionally, the use of blue light therapy will advance as blue light's many therapeutic uses do. The demand for blue light significantly increased during the COVID-19 pandemic. According to the experts, blue light can act as an antibiotic against different microbes. It renders dormant a number of viruses, including the coronavirus and the common flu virus.
Light Therapy Market Key players:
• Beurre
• Bio Photas
• 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
Regional Analysis:
The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Light Therapy market growth in different nations.
The Light Therapy market research has been divided into various important regions, as follows:
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The research provides data-driven insights and recommendations on a variety of topics. The following are some of the most significant inquiries:
Key offerings:
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Mar 07, 2023