Soaring Demand Set to Propel Light Therapy Market to $1.65 Billion by 2029

Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Light Therapy Market Through 2025?
The market valuation for light therapy has experienced consistent upward movement across recent years, projected to increase from its 2024 figure of 1.24 billion USD to 1.3 billion USD by 2025, reflecting a compound annual growth rate of 4.3%; this expansion during the past period stems from progress in medical investigation, validation within clinical settings, broader acceptance across the healthcare sector, heightened consumer cognizance, and increasing overall market uptake.

What's the Projected Size of the Global Light Therapy Market by 2029?
Projections indicate robust expansion for the light therapy market in the coming years, anticipating a valuation of $1.65 billion by 2029, driven by a compound annual growth rate (CAGR) of 6.2%. This upward trajectory during the forecast timeframe is fueled by factors such as increasing personalization and bespoke solutions, heightened public recognition of mental health issues, the rise of telehealth and remote patient management, and supportive governmental regulations. Key developments shaping this period are the broadening of clinical uses, the proliferation of devices intended for domestic settings, ongoing advancements in research and development initiatives, greater acceptance from medical professionals, and improved availability coupled with higher general awareness.

View the full report here:
https://www.thebusinessresearchcompany.com/report/light-therapy-global-market-report

Top Growth Drivers in the Light Therapy Industry: What's Accelerating the Market?
A rising incidence of dermatological conditions is anticipated to be the primary catalyst for the expansion of the light therapy market moving ahead. These skin ailments encompass a broad range of issues impacting the integumentary system, stemming from various sources including bacterial, viral, fungal, allergic, and parasitic invasions, in addition to intrinsic skin issues. Light therapy employs light waves delivered over a specified duration, often alongside a drug that bolsters the skin's natural defenses and facilitates a more organic healing process, thereby mitigating the cellular proliferation and inflammatory responses responsible for skin maladies, addressing conditions like eczema, vitiligo, psoriasis, and mycosis. Supporting this trajectory, data from Cancer Australia indicated 1,455 fatalities from melanoma in 2021 (comprising 958 males and 497 females), with a projected dip to 1,314 deaths by 2023 (853 males and 461 females), as reported in January 2024 by the Australian governmental cancer control body. Furthermore, the National Psoriasis Foundation, a non-profit organization in the US dedicated to supporting those with psoriatic arthritis and psoriasis, noted in December 2022 that psoriasis impacts 125 million individuals worldwide, representing between 2 and 3 percent of the global population, with prevalence rates differing across demographics, affecting around 1.5 percent of African Americans versus 3.6 percent of Caucasians; consequently, the escalating rates of skin diseases are fueling growth in the light therapy sector.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10567&type=smp

What Trends Will Shape the Light Therapy Market Through 2029 and Beyond?
A significant factor shaping the light therapy market is the swift progress in technology, prompting leading companies to focus heavily on incorporating sophisticated innovations to maintain their competitive edge. Demonstrating this trend, LightStim, an American firm specializing in LED apparatus, introduced Elipsa in June 2022; this represents a cutting-edge HydraFacial platform engineered to address concerns like discomfort, blemishes, and skin creasing. Uniquely, Elipsa is the debut product from LightStim featuring simultaneous treatment capabilities for both acne and wrinkles, thus facilitating highly efficacious and outcome-focused therapies. This system leverages the patented LightStim MultiWave technology alongside clinical-grade LEDs to ensure a soothing, restorative session yielding tangible improvements. Furthermore, as it connects wirelessly to the HydraFacial Syndeo, this device incorporates significantly more than twice the quantity of LEDs than previous models, allowing for the transmission of detailed treatment metrics crucial for optimizing personalized customer care.

What Are the Main Segments in the Light Therapy Market?
The light therapymarket covered in this report is segmented -

1) By Product: Light Box; Floor And Desk Lamps; Handheld Devices For Skin Treatment; Light Visor; Dawn Simulator; Light Therapy Lamps; Other Products
2) By Light Type: White Light; Blue Light; Red Light; Other Light Types
3) By Application: Psoriasis; Vitiligo; Eczema; Acne Vulgaris; SAD/Winter Blues; Sleeping Disorders; Other Applications
4) By End User: Homecare Setting; Hospital; Dermatology Clinics; Other End Users

Subsegments:
1) By Light Box: Compact Light Boxes; Full-Spectrum Light Boxes; Adjustable Light Boxes
2) By Floor and Desk Lamps: Floor Lamps; Desk Lamps; Adjustable Angle Lamps
3) By Handheld Devices for Skin Treatment: LED Handheld Devices; Infrared Handheld Devices; Ultraviolet Handheld Devices
4) By Light Visor: Wearable Light Visors; Adjustable Light Visors
5) By Dawn Simulator: Programmable Dawn Simulators; Natural Light Mimicking Dawn Simulators
6) By Light Therapy Lamps: Portable Light Therapy Lamps; Stationary Light Therapy Lamps
7) By Other Products: Phototherapy Masks; Light Therapy Glasses; Combined Light Therapy Devices

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10567&type=smp

Which Top Companies are Driving Growth in the Light Therapy Market?
Major companies operating in the light therapy market include Verilux Inc., Koninklijke Philips NV, Zepter International Switzerland AG, Beurer GmbH, Nature Bright Co., Lucimed SA, Aura Daylight LLC, Northern Lights Inc., PhotoMedex Inc., Sphere Gadget Technologies, Compass Health Brands, TheraLight LLC, BioPhotas Inc., The Daylight Company, Zerigo Health, Northern Light Technology, Chal-Tec GmbH, Nanoscope Therapeutics Inc., Vicentra BV, Odin Medical Ltd., Lumeda Inc., Ray Therapeutics Inc., InGel Therapeutics Inc., NeoLight LLC, GelMEDIX Inc., Johnson and Johnson Services Inc., Lumos Products Ltd., Carex Health Brands Inc., Revian Inc.

Which Regions Will Dominate the Light Therapy Market Through 2029?
North America was the largest region in the light therapy market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global light therapy market report during the forecast period. The regions covered in the light therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10567

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.