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Global Light Therapy Market to reach USD 1227.3 million by 2027.

Light Therapy Market Size By Product (Light Box, Floor and Desk Lamp, Light Visor, Handheld Devices For Skin Treatment {HDST}, Dawn Simulator, Light Therapy Bulbs), By Application (Psoriasis, Vitiligo, Eczema, Acne Vulgaris, Winter Blues, Sleeping Disorders, Seasonal Affective Disorder {SAD}), By Light Type (Blue Light, Red Light, White Light), By End-use (Homecare Settings, Dermatology Clinics), & Forecast, 2021 – 2027.

Product Code: HALHI_30923780
Publish Date: 11-02-2021
Page: 200

Global Light Therapy Market is valued approximately USD 874.0 million in 2020 and is anticipated to grow with a healthy growth rate of more than 4.9 CAGR over the forecast period 2021-2027. Light therapy is the use of natural light or some kind of similar light to treat such conditions such as skin disorders (psoriasis and vitiligo), neurological disorders (anxiety, depression, seasonal affective disorder (SAD), mood and sleep disorders), certain cancer and precancerous conditions (hyperbilirubinemia, infant jaundice, and others Market growth is fueled by an increase in the prevalence of skin disorders as well as manufacturers’ continued investment in launching innovative products. Clarify Medical released a smartphone-connected phototherapy system in February 2018, after receiving FDA approval in June 2017. This cutting-edge technology is used to treat skin conditions such as psoriasis, vitiligo, and eczema. Business growth will be aided by favourable reimbursement policies in developed countries. A flexible spending plan (FSA), a health savings account (HSA), or a health reimbursement programme can be used to pay for light therapy (HRA). The low cost of light therapy compared to laser surgery, as well as people’s increasing understanding of their cosmetic appearance, would drive up demand in the coming years. The main factors limiting the growth of the light therapy market are a lack of knowledge about the therapy and a lack of funds invested by companies in research. During the forecast era, the light visor segment is expected to grow at a significant CAGR. In the near future, acceptance of portable lightening devices like light visors for successful patient management will accelerate segment development. Because of the potential for side effects, some customers are hesitant to use light therapy, which is slowing market development.
Technological advancements and growing applications of light therapy, the North American light therapy market is expected to exceed USD 350 million by 2020. Furthermore, the presence of major market players and product availability will boost regional market revenue growth. Thus, the introduction and availability of innovative products, as well as increased awareness and favourable reimbursement policies, will play a critical role in the overall growth of the North American industry.
Major market player included in this report are:
Beurer
Koninklijke
Philips
Aura Daylight
BioPhotas
Lucimed
Zepter International
Verilux,
Northern Light Technologies.

Johnson & Johnson
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Light Box
Floor and Desk Lamps
Light Visor
HDST
Dawn Simulator
Light Therapy Bulbs
Others
By Application
Psoriasis
Vitiligo
Eczema
Acne Vulgaris
Winter Blues
Sleeping Disorders
SAD
Others
By Light Type
Blue light
Red light
White light
Others
By End-use
Homecare settings
Dermatology clinics
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of Light Therapy in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)
1.2.1. Light Therapy Market, by Region, 2019-2027 (USD Million)
1.2.2. Light Therapy Market, by Product,2019-2027 (USD Million)
1.2.3. Light Therapy Market, by Application,2019-2027 (USD Million)
1.2.4. Light Therapy Market, by Light type,2019-2027 (USD Million)
1.2.5. Light Therapy Market, by End-use,2019-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Light Therapy Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Light Therapy Market Dynamics
3.1. Light Therapy Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing Skin disorders
3.1.1.2. Increasing understanding of cosmetic appearance
3.1.2. Market Challenges
3.1.2.1. Lack of Knowledge
3.1.3. Market Opportunities
3.1.3.1. Acceptance of portable lightening devices
Chapter 4. Global Light Therapy Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Light Therapy Market, by Product
5.1. Market Snapshot
5.2. Global Light Therapy Market by Product, Performance – Potential Analysis
5.3. Global Light Therapy Market Estimates & Forecasts by Product2018-2027 (USD Million)
5.4. Light Therapy Market, Sub Segment Analysis
5.4.1. Light box
5.4.2. Floor and Desk lamp
5.4.3. Light Visor
5.4.4. HDST
5.4.5. Dawn Stimulator
5.4.6. Light therapy Bulbs
5.4.7. Others
Chapter 6. Global Light Therapy Market, byApplication
6.1. Market Snapshot
6.2. Global Light Therapy Market by Application, Performance – Potential Analysis
6.3. Global Light Therapy Market Estimates & Forecasts by Application2018-2027 (USD Million)
6.4. Light Therapy Market, Sub Segment Analysis
6.4.1. Psoriasis
6.4.2. Vitiligo
6.4.3. Eczema
6.4.4. Acne Vulgaris
6.4.5. Winter Blues
6.4.6. Sleeping Disorders
6.4.7. SAD
6.4.8. Others
Chapter 7. Global Light Therapy Market, by Light type
7.1. Market Snapshot
7.2. Global Light Therapy Market by Light type, Performance – Potential Analysis
7.3. Global Light Therapy Market Estimates & Forecasts by Light type2018-2027 (USD Million)
7.4. Light Therapy Market, Sub Segment Analysis
7.4.1. Blue Light
7.4.2. Red Light
7.4.3. White Light
7.4.4. Others
Chapter 8. Global Light Therapy Market, by End-use
8.1. Market Snapshot
8.2. Global Light Therapy Market by End-use, Performance – Potential Analysis
8.3. Global Light Therapy Market Estimates & Forecasts by End-use2018-2027 (USD Million)
8.4. Light Therapy Market, Sub Segment Analysis
8.4.1. Homecare Settings
8.4.2. Dermatology
8.4.3. Others

Chapter 9. Global Light Therapy Market, Regional Analysis
9.1. Light Therapy Market, Regional Market Snapshot
9.2. North America Light Therapy Market
9.2.1. U.S.Light Therapy Market
9.2.1.1. Product breakdown estimates & forecasts, 2018-2027
9.2.1.2. Application breakdown estimates & forecasts, 2018-2027
9.2.1.3. Light Type breakdown estimates & forecasts, 2018-2027
9.2.1.4. End-use breakdown estimates & forecasts, 2018-2027
9.2.2. CanadaLight Therapy Market
9.3. Europe Light Therapy Market Snapshot
9.3.1. U.K. Light Therapy Market
9.3.2. Germany Light Therapy Market
9.3.3. France Light Therapy Market
9.3.4. Spain Light Therapy Market
9.3.5. Italy Light Therapy Market
9.3.6. Rest of EuropeLight Therapy Market
9.4. Asia-PacificLight Therapy Market Snapshot
9.4.1. China Light Therapy Market
9.4.2. India Light Therapy Market
9.4.3. JapanLight Therapy Market
9.4.4. Australia Light Therapy Market
9.4.5. South Korea Light Therapy Market
9.4.6. Rest of Asia PacificLight Therapy Market
9.5. Latin America Light Therapy Market Snapshot
9.5.1. Brazil Light Therapy Market
9.5.2. Mexico Light Therapy Market
9.6. Rest of The World Light Therapy Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Beurer
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Koninklijke
10.2.3. Philips
10.2.4. Aura Daylight
10.2.5. BioPhotas
10.2.6. Lucimed
10.2.7. Zepter International
10.2.8. Verilux
10.2.9. Northern light Technologies
10.2.10. Johnson & Johnson
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.

Primary Research Sources:

  • Interview conducted with raw material suppliers & manufacturers.
  • Interview conducted with manufacturers, suppliers & distributors, researchers, & representatives of regulatory bodies.
  • Interview conducted with market players, industry experts, & independent consultants.
  • Secondary Research Sources:
  • Purchased Database: D&B Hoovers, Bloomberg, Inc., Business Information Industry Association, NAICS Association.
  • Internal Database: White papers, Certified Publications, Articles by Recognized Authors and Regulatory Bodies.
  • Government Databases: Food and Agriculture Organization (FAO), European Industrial Hemp Association (EIHA), World Health Organization (WHO), Food and Drug Administration (FDA), International Telecommunication Union (ITU), United States Department of Agriculture (USDA), International organization of Motor Vehicle Manufacturers (OICA).

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