Light Therapy Market- Growth Opportunities by Manufacturers with Leading Players Like Koninklijke Philips N.V., Verilux, Inc.

The light therapy market is expanding due to growing levels of aesthetic concern and the cost-effectiveness of light therapies in comparison with the laser treatment. Additionally, the rising prevalence of dermatological conditions such as psoriasis and acne vulgaris, compensation measures that are advantageous in developed nations, coupled with the investments by companies to introduce novel products are widening the scope of the light therapy market. In March 2021, researchers from the CPNP (cosmetic products notification portal) declared the results of their clinical study stating that light therapy can enhance circadian rhythms in AYA (adolescent and young adult) cancer survivors.

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On the contrary, migraines, burning sensations, eye discomfort, irritation, and vomiting are all side effects of light treatment which can create a serious dent in the progress of the light therapy market.

Using light therapy as a measure for seasonal affective disorders can assist in the treatment of seasonal affective disorder by improving symptoms. Seasonal Affective Disorder, or SAD, affects millions of people globally, with the majority of sufferers being younger adults. Seasonal Affective Disorder can be caused by genetics, hormonal changes, stress and environmental factors such as sunlight exposure. The disorder is not curable, but light therapy has been found to be an effective treatment.

On the geographical front, the North American region is aiding the light therapy market in the light of increase in funding from government and other organizations paired with the growth in frequency of skin diseases, especially eczema and skin cancer. Likewise, growing incidences of psoriasis in India and China are stimulating the growth prospects of the light therapy market in the Asia Pacific region.

The light therapy treatments vary depending on the ailment and the treatment length. Light therapies can range from short sessions lasting only thirty minutes to several hours and may involve a number of sessions spread out over weeks or months. For many mild cases, a thirty-minute session three times per week is sufficient to improve symptoms, with decreased intensity as each session progresses toward the next. Longer sessions, using higher intensities of light, are often used in conjunction with regular sessions with therapists to achieve maximum results. The intensity of light used is usually related to how severe the seasonal condition is, ranging from low intensity during the winter to high intensity during the summer. In addition, the length of the light therapy sessions is also related to how long it takes for each patient to experience the intended benefits.

In March 2021, Curtis Mathes Therapeutics, Inc., gathered initial information from patients recovering from injury to check the effectiveness of their red light therapy procedure.

Major Players: Koninklijke Philips N.V., Verilux, Inc., Northern Light Technology, TheraLight, LLC, Zepter International, Photomedex Inc., Beurer GmbH, Nature Bright, Lucimed SA, PhotonMD, Inc., BioPhotas, Chal-Tec GmbH, Johnson & Johnson, and Carex Health Brands Inc.

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