Market Summary
Research Methodology on Light Therapy Market
Abstract
Light therapy, also known as phototherapy, is a type of non-invasive therapy that involves exposure to visible light to treat a number of health conditions. The light used in light therapy can come from both natural and artificial sources. Light therapy is used to treat conditions such as seasonal affective disorder, depression, psoriasis, acne, and other skin conditions. The global light therapy market is expected to expand during the forecast period 2024 to 2032 due to the increasing prevalence of chronic diseases and the rising demand for non-invasive treatments.
Research Methodology
The study conducted by Market Research Future (MRFR) aims to provide a comprehensive analysis of the “Global Light Therapy Market”. The research follows the scientific and systematic guidelines of the study. The study employs secondary and primary research to validate the market size and share estimations. The secondary data is collected from published reports, online journals, and directories. The primary research aims at gathering data from relevant stakeholders to gain a better understanding of the market dynamics.
Data Collection Methods
In the research study, both primary and secondary sources are used for collecting data for the analysis of the market. To obtain accurate data, a variety of sources including surveys, interviews, questionnaires, observations, and expert opinions are used. Moreover, to gain insights from industry experts and subject matters, interviews were conducted and the survey of leading manufacturers & technology suppliers was taken into consideration.
The response of key players was used to analyze the market dynamics. The interviews and surveys provided valuable insights into the current market trends, market development and product offerings. Key players interviewed & surveyed include Philips BV, Huber Group, BenQ Corporation, Biolux Research Inc., Spectronics Corporation, and others.
Data Analysis Methods
The primary and secondary data gathered are then analyzed. The data is then validated and authenticated with the help of experts in the market research industry. The analysis was then done by the use of statistical tools such as SWOT and Porter’s Five Forces by which the market size was estimated. The market size was then compared with the historic data for accurate assessment.
Finally, a comprehensive report was generated by combining all the analyses of the data. Finally, the study gave a detailed overview of the market segmentation to provide a better understanding of the market dynamics.
Data Triangulation
Data triangulation is employed to validate, verify, and analyze the market size. This is done through the collection of data from multiple sources as a method of verifying and validating the data.
Market Estimation
Market size estimation was done by analyzing the current and future market opportunities, drivers and trends that exist in the market. The market size and related parameters were studied for the years 2023–2030. Historical and current data was used with the help of statistical tools, and market drivers so that quantitative and qualitative analysis could be done.
Conclusion
To conclude, the study provided an overall outlook of the global light therapy market. The research report aimed to provide the stakeholders with an insight into the key market trends, players, strategies, and opportunities in the market. The primary and secondary data provided by the report were validated by industry experts and relevant stakeholders. Therefore, it is expected that the report will act as a guidance tool and will provide useful insights into the key decision-making process.
Market Size & Forecast
Report Attribute/Metric | Details |
Market Size 2023 | USD 0.98 billion |
Market Size 2024 | USD 1.03 billion |
Market Size 2032 | USD 1.56 billion |
Compound Annual Growth Rate (CAGR) | 5.33% (2024-2032) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2018 & 2020 |
Market Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | By Product, Application, Light Type and End User |
Geographies Covered | North America, Europe, Asia Pacific, and Rest of the World |
Countries Covered | The U.S, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled | .Beurer (Germany), Northern Light Technology (Canada), BioPhotas (US), Chal-Tec GmbH (Germany), Koninklijke Philips (Netherlands) Lucimed SA (Belgium), Lumie (UK), Verilux (US), Nature Bright (Taiwan), Zepter International (Switzerland). |
Key Market Opportunities | Increasing research & development investments by industry players |
Key Market Dynamics | Growing prevalence of dermatological disorders Increasing the prevalence of psychological conditions, such as SAD, depression, and anxiety |
Major Players
Light Therapy Market Segmentation
Light Therapy Product Outlook (USD Billion, 2019-2030)
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Light Therapy Application Outlook (USD Billion, 2019-2030)
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Light Therapy End User Outlook (USD Billion, 2019-2030)
Homecare Settings
Hospitals
Dermatology Clinics
Others
Light Therapy Regional Outlook (USD Billion, 2019-2030)
North America Outlook (USD Billion, 2019-2030)
North America Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
North America Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
North America Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
US Outlook (USD Billion, 2019-2030)
US Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
US Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
US Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Canada Outlook (USD Billion, 2019-2030)
Canada Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Canada Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Canada Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Europe Outlook (USD Billion, 2019-2030)
Europe Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Europe Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Europe Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Germany Outlook (USD Billion, 2019-2030)
Germany Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Germany Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Germany Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
France Outlook (USD Billion, 2019-2030)
France Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
France Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
France Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
UK Outlook (USD Billion, 2019-2030)
UK Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
UK Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
UK Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Italy Outlook (USD Billion, 2019-2030)
Italy Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Italy Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Italy Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Switzerland Outlook (USD Billion, 2019-2030)
Switzerland Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Switzerland Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Switzerland Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Rest of Europe Outlook (USD Billion, 2019-2030)
Rest of Europe Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Rest of Europe Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Rest of Europe Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Asia-Pacific Outlook (USD Billion, 2019-2030)
Asia-Pacific Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Asia-Pacific Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Asia-Pacific Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
China Outlook (USD Billion, 2019-2030)
China Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
China Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
China Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Japan Outlook (USD Billion, 2019-2030)
Japan Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Japan Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Japan Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
India Outlook (USD Billion, 2019-2030)
India Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
India Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
India Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
South Korea Outlook (USD Billion, 2019-2030)
South Korea Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
South Korea Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
South Korea Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Australia Outlook (USD Billion, 2019-2030)
Australia Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Australia Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Australia Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Rest of Asia-Pacific Outlook (USD Billion, 2019-2030)
Rest of Asia-Pacific Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Rest of Asia-Pacific Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Rest of Asia-Pacific Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Rest of the World Outlook (USD Billion, 2019-2030)
Rest of the World Outlook (USD Billion, 2019-2030)
Rest of the World Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Rest of the World Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Rest of the World Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Middle East Outlook (USD Billion, 2019-2030)
Middle East Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Middle East Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Middle East Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Africa Outlook (USD Billion, 2019-2030)
Africa Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Africa Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Africa Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Latin America Outlook (USD Billion, 2019-2030)
Latin America Light Therapy by Product
Light Box
Floor & Desk Lamps
Light Visor
Handheld Devices for Skin Treatment (HDST)
Dawn Simulator
Light Therapy Bulbs
Others
Latin America Light Therapy by Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Seasonal Affective Disorder (SAD)
Sleeping Disorders
Others
Latin America Light Therapy by End User
Homecare Settings
Hospitals
Dermatology Clinics
Others
Leave a Comment