The global light therapy market was valued at $521.09 million in 2021, and is projected to reach $802.74 million by 2031, registering a CAGR of 4.4% from 2022 to 2031.
Light therapy is also called as heliotherapy. This therapy involves use of natural light or form of equivalent light for treatment of certain skin disorders such as psoriasis, skin cancer, vitiligo, and acne. In addition, it is also used to treat psychological conditions such as depression, anxiety, mood disorders, and insomnia; jaundice in newborns; and others. Light therapy treatments are non-invasive procedures in which affected skin is exposed to ultraviolet radiations to treat skin diseases. Light therapy treatment is advantageous as it is a non-invasive procedure, therefore, it provides faster recovery rate and is safer than conventional open surgeries.
Growth of the global light therapy market is majorly driven by alarming increase in prevalence of skin disorders such as acne, psoriasis, and skin cancers; increase in preference of patients toward non-invasive treatments; increase in prevalence of neurological disorders such as anxiety, seasonal affective disorders, and insomnia; technological advancements in light therapy; and increase in number of dermatological clinics offering light therapy treatments. The light therapy is a non-invasive therapy used to treat various skin diseases. In recent times, the patients are shifting their preference towards non-invasive procedures for various diseases. The benefits of non-invasive procedures are no pain, no incisions, cuts, or scars and low risk of complications. In addition, it is safer than traditional open surgeries as it provides faster recovery. Furthermore, light therapy is a non-invasive procedure used for wound healing, psoriasis, and skin cancer. Thus, shift of preference of patients toward non-invasive light therapies propels growth of the market.
However, high cost of light therapy treatments and increase in side-effects from light therapy hinders growth of the market. In addition, people with light complexion are more vulnerable to burning and can lead to skin damage. Hence, these factors negatively impact growth of the market.
The global light therapy market is segmented into product, application, light type, and region. By product, the market is categorized into light box, floor and desk lamps, light visor, handheld devices for skin treatments, and others. On the basis of application, it is segregated into skin conditions (psoriasis, vitiligo, eczema, and others), mood & sleep conditions (major depressive disorders, and sleeping disorders), and others. By light type, it is classified into blue light, red light, white light, and others. Region wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, and rest of Asia-Pacific), and LAMEA (Brazil, South Africa, Saudi Arabia, and rest of LAMEA).
Major key players that operate in the global light therapy market are Beurer GmbH, Biophostas Inc. (Celluma), Johnson and Johnson, Koninklijke Philips N.V., Lucimed S.A., Lumie, Nature Bright, Northern Light Technologies, Photomedex Inc, TheraLight Llc, Verilux Inc., and Zepter International.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the light therapy market analysis from 2021 to 2031 to identify the prevailing light therapy market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the light therapy market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global light therapy market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Product
- Light Box
- Floor and Desk Lamps
- Light Visor
- Handheld Devices for Skin Treatment (HDST)
- Others
By Application
- Skin conditions
- Type
- Psoriasis
- Vitiligo
- Eczema
- Others
- Mood and sleep conditions
- Type
- Major Depressive Disorders and Sleeping Disorders
- Seasonal Aaffective Disorders (SAD)
- Others
By Light Type
- Blue light
- Red light
- White light
- Others
By Region
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest Of Europe
- Asia-Pacific
- South Korea
- Rest Of Asia-Pacific
- Japan
- China
- Australia
- India
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest Of LAMEA
- Key Market Players
- BEURER GMBH
- BIOPHOSTAS INC. (CELLUMA)
- JOHNSON AND JONSON
- Koninklijke Philips N.V.
- LUCIMED S.A.
- LUMIE
- N.VVERILUX
- NATURE BRIGHT
- NORTHERN LIGHT TECHNOLOGIES
- PHOTOMEDEX.INC
- TheraLight, LLC
- Verilux, Inc.
- ZEPTER INTERNATIONAL
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: LIGHT THERAPY MARKET, BY PRODUCT
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Light Box
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.3 Floor and Desk Lamps
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
- 4.4 Light Visor
- 4.4.1 Key market trends, growth factors and opportunities
- 4.4.2 Market size and forecast, by region
- 4.4.3 Market analysis by country
- 4.5 Handheld Devices for Skin Treatment (HDST)
- 4.5.1 Key market trends, growth factors and opportunities
- 4.5.2 Market size and forecast, by region
- 4.5.3 Market analysis by country
- 4.6 Others
- 4.6.1 Key market trends, growth factors and opportunities
- 4.6.2 Market size and forecast, by region
- 4.6.3 Market analysis by country
CHAPTER 5: LIGHT THERAPY MARKET, BY APPLICATION
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Skin conditions
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.2.4 Skin conditions Light Therapy Market by Type
- 5.2.4.1 Psoriasis Market size and forecast, by region
- 5.2.4.2 Vitiligo Market size and forecast, by region
- 5.2.4.3 Eczema Market size and forecast, by region
- 5.2.4.4 Others Market size and forecast, by region
- 5.3 Mood and sleep conditions
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
- 5.3.4 Mood and sleep conditions Light Therapy Market by Type
- 5.3.4.1 Major Depressive Disorders and Sleeping Disorders Market size and forecast, by region
- 5.3.4.2 Seasonal Aaffective Disorders (SAD) Market size and forecast, by region
- 5.4 Others
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
CHAPTER 6: LIGHT THERAPY MARKET, BY LIGHT TYPE
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Blue light
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 Red light
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
- 6.4 White light
- 6.4.1 Key market trends, growth factors and opportunities
- 6.4.2 Market size and forecast, by region
- 6.4.3 Market analysis by country
- 6.5 Others
- 6.5.1 Key market trends, growth factors and opportunities
- 6.5.2 Market size and forecast, by region
- 6.5.3 Market analysis by country
CHAPTER 7: LIGHT THERAPY MARKET, BY REGION
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 North America
- 7.2.1 Key trends and opportunities
- 7.2.2 North America Market size and forecast, by Product
- 7.2.3 North America Market size and forecast, by Application
- 7.2.3.1 North America Skin conditions Light Therapy Market by Type
- 7.2.3.2 North America Mood and sleep conditions Light Therapy Market by Type
- 7.2.4 North America Market size and forecast, by Light Type
- 7.2.5 North America Market size and forecast, by country
- 7.2.5.1 U.S.
- 7.2.5.1.1 Market size and forecast, by Product
- 7.2.5.1.2 Market size and forecast, by Application
- 7.2.5.1.3 Market size and forecast, by Light Type
- 7.2.5.2 Canada
- 7.2.5.2.1 Market size and forecast, by Product
- 7.2.5.2.2 Market size and forecast, by Application
- 7.2.5.2.3 Market size and forecast, by Light Type
- 7.2.5.3 Mexico
- 7.2.5.3.1 Market size and forecast, by Product
- 7.2.5.3.2 Market size and forecast, by Application
- 7.2.5.3.3 Market size and forecast, by Light Type
- 7.3 Europe
- 7.3.1 Key trends and opportunities
- 7.3.2 Europe Market size and forecast, by Product
- 7.3.3 Europe Market size and forecast, by Application
- 7.3.3.1 Europe Skin conditions Light Therapy Market by Type
- 7.3.3.2 Europe Mood and sleep conditions Light Therapy Market by Type
- 7.3.4 Europe Market size and forecast, by Light Type
- 7.3.5 Europe Market size and forecast, by country
- 7.3.5.1 Germany
- 7.3.5.1.1 Market size and forecast, by Product
- 7.3.5.1.2 Market size and forecast, by Application
- 7.3.5.1.3 Market size and forecast, by Light Type
- 7.3.5.2 France
- 7.3.5.2.1 Market size and forecast, by Product
- 7.3.5.2.2 Market size and forecast, by Application
- 7.3.5.2.3 Market size and forecast, by Light Type
- 7.3.5.3 UK
- 7.3.5.3.1 Market size and forecast, by Product
- 7.3.5.3.2 Market size and forecast, by Application
- 7.3.5.3.3 Market size and forecast, by Light Type
- 7.3.5.4 Italy
- 7.3.5.4.1 Market size and forecast, by Product
- 7.3.5.4.2 Market size and forecast, by Application
- 7.3.5.4.3 Market size and forecast, by Light Type
- 7.3.5.5 Spain
- 7.3.5.5.1 Market size and forecast, by Product
- 7.3.5.5.2 Market size and forecast, by Application
- 7.3.5.5.3 Market size and forecast, by Light Type
- 7.3.5.6 Rest of Europe
- 7.3.5.6.1 Market size and forecast, by Product
- 7.3.5.6.2 Market size and forecast, by Application
- 7.3.5.6.3 Market size and forecast, by Light Type
- 7.4 Asia-Pacific
- 7.4.1 Key trends and opportunities
- 7.4.2 Asia-Pacific Market size and forecast, by Product
- 7.4.3 Asia-Pacific Market size and forecast, by Application
- 7.4.3.1 Asia-Pacific Skin conditions Light Therapy Market by Type
- 7.4.3.2 Asia-Pacific Mood and sleep conditions Light Therapy Market by Type
- 7.4.4 Asia-Pacific Market size and forecast, by Light Type
- 7.4.5 Asia-Pacific Market size and forecast, by country
- 7.4.5.1 Japan
- 7.4.5.1.1 Market size and forecast, by Product
- 7.4.5.1.2 Market size and forecast, by Application
- 7.4.5.1.3 Market size and forecast, by Light Type
- 7.4.5.2 China
- 7.4.5.2.1 Market size and forecast, by Product
- 7.4.5.2.2 Market size and forecast, by Application
- 7.4.5.2.3 Market size and forecast, by Light Type
- 7.4.5.3 Australia
- 7.4.5.3.1 Market size and forecast, by Product
- 7.4.5.3.2 Market size and forecast, by Application
- 7.4.5.3.3 Market size and forecast, by Light Type
- 7.4.5.4 India
- 7.4.5.4.1 Market size and forecast, by Product
- 7.4.5.4.2 Market size and forecast, by Application
- 7.4.5.4.3 Market size and forecast, by Light Type
- 7.4.5.5 South Korea
- 7.4.5.5.1 Market size and forecast, by Product
- 7.4.5.5.2 Market size and forecast, by Application
- 7.4.5.5.3 Market size and forecast, by Light Type
- 7.4.5.6 Rest of Asia-Pacific
- 7.4.5.6.1 Market size and forecast, by Product
- 7.4.5.6.2 Market size and forecast, by Application
- 7.4.5.6.3 Market size and forecast, by Light Type
- 7.5 LAMEA
- 7.5.1 Key trends and opportunities
- 7.5.2 LAMEA Market size and forecast, by Product
- 7.5.3 LAMEA Market size and forecast, by Application
- 7.5.3.1 LAMEA Skin conditions Light Therapy Market by Type
- 7.5.3.2 LAMEA Mood and sleep conditions Light Therapy Market by Type
- 7.5.4 LAMEA Market size and forecast, by Light Type
- 7.5.5 LAMEA Market size and forecast, by country
- 7.5.5.1 Brazil
- 7.5.5.1.1 Market size and forecast, by Product
- 7.5.5.1.2 Market size and forecast, by Application
- 7.5.5.1.3 Market size and forecast, by Light Type
- 7.5.5.2 Saudi Arabia
- 7.5.5.2.1 Market size and forecast, by Product
- 7.5.5.2.2 Market size and forecast, by Application
- 7.5.5.2.3 Market size and forecast, by Light Type
- 7.5.5.3 South Africa
- 7.5.5.3.1 Market size and forecast, by Product
- 7.5.5.3.2 Market size and forecast, by Application
- 7.5.5.3.3 Market size and forecast, by Light Type
- 7.5.5.4 Rest of LAMEA
- 7.5.5.4.1 Market size and forecast, by Product
- 7.5.5.4.2 Market size and forecast, by Application
- 7.5.5.4.3 Market size and forecast, by Light Type
CHAPTER 8: COMPANY LANDSCAPE
- 8.1. Introduction
- 8.2. Top winning strategies
- 8.3. Product Mapping of Top 10 Player
- 8.4. Competitive Dashboard
- 8.5. Competitive Heatmap
- 8.6. Key developments
CHAPTER 9: COMPANY PROFILES
- 9.1 BEURER GMBH
- 9.1.1 Company overview
- 9.1.2 Company snapshot
- 9.1.3 Operating business segments
- 9.1.4 Product portfolio
- 9.1.5 Business performance
- 9.1.6 Key strategic moves and developments
- 9.2 BIOPHOSTAS INC. (CELLUMA)
- 9.2.1 Company overview
- 9.2.2 Company snapshot
- 9.2.3 Operating business segments
- 9.2.4 Product portfolio
- 9.2.5 Business performance
- 9.2.6 Key strategic moves and developments
- 9.3 JOHNSON AND JONSON
- 9.3.1 Company overview
- 9.3.2 Company snapshot
- 9.3.3 Operating business segments
- 9.3.4 Product portfolio
- 9.3.5 Business performance
- 9.3.6 Key strategic moves and developments
- 9.4 Koninklijke Philips N.V.
- 9.4.1 Company overview
- 9.4.2 Company snapshot
- 9.4.3 Operating business segments
- 9.4.4 Product portfolio
- 9.4.5 Business performance
- 9.4.6 Key strategic moves and developments
- 9.5 LUCIMED S.A.
- 9.5.1 Company overview
- 9.5.2 Company snapshot
- 9.5.3 Operating business segments
- 9.5.4 Product portfolio
- 9.5.5 Business performance
- 9.5.6 Key strategic moves and developments
- 9.6 LUMIE
- 9.6.1 Company overview
- 9.6.2 Company snapshot
- 9.6.3 Operating business segments
- 9.6.4 Product portfolio
- 9.6.5 Business performance
- 9.6.6 Key strategic moves and developments
- 9.7 N.VVERILUX
- 9.7.1 Company overview
- 9.7.2 Company snapshot
- 9.7.3 Operating business segments
- 9.7.4 Product portfolio
- 9.7.5 Business performance
- 9.7.6 Key strategic moves and developments
- 9.8 NATURE BRIGHT
- 9.8.1 Company overview
- 9.8.2 Company snapshot
- 9.8.3 Operating business segments
- 9.8.4 Product portfolio
- 9.8.5 Business performance
- 9.8.6 Key strategic moves and developments
- 9.9 NORTHERN LIGHT TECHNOLOGIES
- 9.9.1 Company overview
- 9.9.2 Company snapshot
- 9.9.3 Operating business segments
- 9.9.4 Product portfolio
- 9.9.5 Business performance
- 9.9.6 Key strategic moves and developments
- 9.10 PHOTOMEDEX.INC
- 9.10.1 Company overview
- 9.10.2 Company snapshot
- 9.10.3 Operating business segments
- 9.10.4 Product portfolio
- 9.10.5 Business performance
- 9.10.6 Key strategic moves and developments
- 9.11 TheraLight, LLC
- 9.11.1 Company overview
- 9.11.2 Company snapshot
- 9.11.3 Operating business segments
- 9.11.4 Product portfolio
- 9.11.5 Business performance
- 9.11.6 Key strategic moves and developments
- 9.12 Verilux, Inc.
- 9.12.1 Company overview
- 9.12.2 Company snapshot
- 9.12.3 Operating business segments
- 9.12.4 Product portfolio
- 9.12.5 Business performance
- 9.12.6 Key strategic moves and developments
- 9.13 ZEPTER INTERNATIONAL
- 9.13.1 Company overview
- 9.13.2 Company snapshot
- 9.13.3 Operating business segments
- 9.13.4 Product portfolio
- 9.13.5 Business performance
- 9.13.6 Key strategic moves and developments