Light Therapy Market is estimated to be US$ 1250.76 Million by 2032 with a CAGR of 5.9% during the forecast period 2032 With Top Most Key Players - Johnson & Johnson, Beuer GmbH, Photomedex Inc., BioPhotas Inc., LightStim, Verilux Inc.
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The report "Light Therapy Market, By Light Type (Red Light, Blue Light, White Light, and Others), By Product (Light Box, Light Visor, Light Therapy Bulbs, Lamps and Others), By Application (Eczema, Psoriasis, Acne Vulgaris, Sleeping Disorders, and Others), By End-Users (Dermatology Clinics, Homecare Settings, and Salon), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032"
• In December 2020, GlobalMed Technologies has launched new 'Omnilux Contour' light therapy product for home use. Newly launched product is FDA cleared and designed with two wavelengths of light - red and near infrared, and optimized energy output which delivers the benefits of both wavelengths in single treatment. It helps in providing results within 10 minutes after treatment sessions at home. FACE, NECK & DECOLLETE, and GLOVE are three new Contour LED devices which helps in reducing wrinkles, fine lines and improve skin tone.
• In October 2021, Lifepro has announced the launch of new suite of Red Light Therapy products to aid muscle inflammation, anti-aging, detoxification, fat-loss, and other. Newly launched product are - AllevaRed, which is light therapy belt that provides benefits while relaxing. AllevaRed uses 105 LED lights in covering waist, lower back and other areas for stimulating muscle gain, muscle recovery, and fat loss. Within few weekly sessions consumers will get benefits like reduction in stiffness and inflammation, skin rejuvenation and fat loss through cellular breakdown. Vizacure is a light therapy mask of professional level LED light therapy treatment which is non-invasive and painless beauty technique helps in repairing and rejuvenating skin in treating acne, detoxification, reducing wrinkles & fine lines, and improving skin conditions like rosacea, psoriasis and eczema. Consumer can achieve positive results within 15-20 min hands-free per day session in three weeks.
• In December 2021, Klox Technologies Inc., a leading provider of FLE (fluorescent light energy) system for treating skin diseases has announced that FDA has granted the company De Novo clearance for newly launched 'LumiHeal' system. LumiHeal System is the first fluorescent light based device and currently indicated for providing fluorescent light and blue light to post-surgical incisions, burn, wound and scar management.
Increase in prevalence of skin disease due to unhealthy lifestyle, food has led to increase in light therapy market growth. Light Therapy Market innovation is growing around the world, owing to technology developments in devices, and products that are more efficient in treatment of skin and other diseases. Newly advanced LED light therapy is useful in reducing and improving skin conditions. Newly advanced technology and benefits like elevation of ATP, increased energy for cells, painless procedure, cost effective, easy to use, availability in homecare settings has fueled the light therapy market growth. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on"Light Therapy Market, By Light Type (Red Light, Blue Light, White Light, and Others), By Product (Light Box, Light Visor, Light Therapy Bulbs, Lamps and Others), By Application (Eczema, Psoriasis, Acne Vulgaris, Sleeping Disorders, and Others), By End-Users (Dermatology Clinics, Homecare Settings, and Salon), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032"
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Segments Covered in the Report:
Light Therapy Market, By Light Type:
• Red Light
• Blue Light
• White Light
Light Therapy Market, By Product:
• Light Box
• Light Visor
• Light Therapy Bulbs
Light Therapy Market, By Application:
• Acne Vulgaris
• Sleeping Disorders
Light Therapy Market, By End-Users:
• Dermatology Clinics
• Homecare Settings
Key Market Insights from the report:
Light Therapy Market accounted for US$ 709.0 million in 2022 and is estimated to be US$ 1250.76 million by 2032 and is anticipated to register a CAGR of 5.9%. The Light Therapy Market is segmented based on Light Type, Product, Application, End-Users and Region.
• Based on Light Type, Light Therapy Market is segmented into Red Light, Blue Light, White Light, and others.
• Based on Product, Light Therapy Market is segmented into Light Box, Light Visor, Light Therapy Bulbs, Lamps and others.
• Based on Application, Light Therapy Market is segmented into Eczema, Psoriasis, Acne Vulgaris, Sleeping Disorders, and others.
• Based on End-Users, Light Therapy Market is segmented into Dermatology Clinics, Homecare Settings, and Salon.
• By Region, the Light Therapy Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Competitive Landscape & their strategies of Light Therapy Market:
The prominent players operating in the Light Therapy Market includes, Johnson & Johnson, Beuer GmbH, Photomedex Inc., BioPhotas Inc., LightStim, Verilux Inc., Nature Bright, TheraLight LLC., Lumie, Northern Light Technologies, Klarstein and others.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the market are included in the report.
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