Light Therapy Devices: Global Markets
Market Research Report I 2022-06-21 I 84 Pages I BCC Research
Description
Report Scope:
This report examines the current and forecast market for light therapy devices. It discusses the market background, technological advances, competitive landscape, drivers and restraints and market growth trends. This report includes market projections through 2027, detailing the market share for light therapy devices by product and type of light.
By product, the market for light therapy devices is segmented into light boxes, lamps, light visors, dawn simulators, light bulbs, handheld light therapy devices, full-body light therapy devices and others. By light type, the market is segmented into white light, red light, blue light and others.
By geography, the market has been segmented into Europe, North America, Asia-Pacific (APAC) and Rest of the World (RoW). markets of major countries such as the U.S., Germany, Canada, the U.K., Spain, Italy, France, Japan, India and China are analyzed. For market estimates, data is provided for 2021 as the base year, 2022 and forecast through year-end 2027. Estimated values used are based on manufacturers' total revenues. Projected and forecast revenue values are in constant U.S. dollars that have not been adjusted for inflation.
Report Includes:
- 15 data tables and 13 additional tables
- An updated overview of the global market for light therapy devices
- Analyses of the global market trends, with market revenue (sales data) from 2020 and 2021, estimates for 2022, and projections of compound annual growth rates (CAGRs) through 2027
- Highlights of the current and future market potential for light therapy devices, and areas of focus to forecast this market into various segments and sub-segments
- Evaluation and forecast the global light therapy devices market size, projected growth trends, and corresponding market share analysis by product category, light type, and geographic region
- Discussion of technological advancements in this innovation driven market, regulatory concerns, and increasing applications of light therapy in the treatment of seasonal affective disorder (SAD) and sleep-related disorders
- Review of patent grants for innovations in light therapy devices and applications
- In-depth information on increasing investments on R&D activities, key technology issues, industry specific challenges, major types of end-user markets, and COVID-19 impact on this market
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments and segmental revenues
- Updated information on key merger and acquisition deals, agreements, collaborations, product launches, achievements and partnerships within the marketplace
- Company profiles of major players, including Beurer, GlobalMed Technologies (GMT), Koninklijke Philips N.V., Lucimed, Verilux
Executive Summary
Summary:
The global market for light therapy devices was valued at $REDACTED million in 2021. The market is expected to grow at a compound annual growth rate (CAGR) of REDACTED%, and reach $REDACTED billion by the end of 2027. The rising incidence of skin-related disorders and increasing preference for non-invasive treatments are the factors driving market growth.
Technological advances in light therapy coupled with a rising inclination in light therapy treatment are having a positive impact on industry growth. Continuous improvements in the clinical benefit of light therapy are also augmenting the market demand.
Human beings require sunlight, and when they don't have enough, they can be groggy, unfocused and irritable. To make it worse, as days get shorter in the fall and winter, many individuals are affected by SAD and its less severe relative, the "winter blues." For the large numbers of people who generally do not get enough full-spectrum sunlight, light therapy devices can help them be happier year-round.
Light therapy has quickly become widespread among individuals who are concerned about their fitness and health. It has earned recognition as an affordable method of therapy that can benefit mental health, skincare, energy, sleep cycles and muscle tone. Because they are painless, easy to use (including at home) and free of side-effects, the therapy devices have become more acceptable.
Although light therapy can be used to treat a broad range of problems, both mental and physical, no single type of light therapy can take care of all such problems. There are lights of different colors and many different spectra, and each color of light has its own specific set of uses and features. Individuals cannot attain the relief provided by blue light therapy by going through red light therapy, or vice versa.
Moreover, the type of device people will use might change due to the change in the kind of light. Therefore, users of light therapy need to know about the types of lights used so they can know what kind or color of light, as well as what type of device, they need,.
Table of Contents
Chapter 1 Introduction
Study Goals and Objectives
Reasons for Doing this Study
Scope of Report
Information Sources
Methodology
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports
Chapter 2 Summary and Highlights
Market for Light Therapy Devices
Chapter 3 Patent Review
Chapter 4 Market Background
Light Therapy
Evolution of Light Therapy
Uses of Light Therapy
Benefits
Side Effects
Chapter 5 Market Dynamics
Market Drivers
Increased Prevalence of Skin Disorders
Growing Incidence of Seasonal Affective Disorder (SAD)
Technological Advances
Circadian Rhythm Sleep Disorders
Market Restraints
Lack of Awareness
Ethical Issues
Chapter 6 Impact of the COVID-19 Pandemic
Impact of the COVID-19 Pandemic on the Market for Light Therapy Devices
Chapter 7 Market Breakdown by Product Category
Light Boxes
Market Size and Forecast
Market Analysis
Lamps
Market Size and Forecast
Market Analysis
Light Visors
Market Size and Forecast
Market Analysis
Dawn Simulators
Market Size and Forecast
Market Analysis
Light Bulbs
Market Size and Forecast
Market Analysis
Handheld Light Therapy Devices
Market Size and Forecast
Market Analysis
Full-body Light Therapy Devices
Market Size and Forecast
Market Analysis
Other Light Therapy Devices
Market Size and Forecast
Chapter 8 Market Breakdown by Type of Light
Red Light
Market Size and Forecast
Market Analysis
White Light
Market Size and Forecast
Market Analysis
Blue Light
Market Size and Forecast
Market Analysis
Other Types of Light Therapy Devices
Market Size and Forecast
Market Analysis
Chapter 9 Market Breakdown by Region
North America
United States
Canada
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
Japan
China
India
Rest of Asia-Pacific
Rest of the World
Chapter 10 Competitive Landscape
Analysis of Global Company Shares
Company News
Chapter 11 Company Profiles
BEURER GMBH
COMPASS HEALTH BRANDS
GLOBALMED TECHNOLOGIES
KONINKLIJKE PHILIPS N.V.
LUCIMED SA
LUMIE
NATURE BRIGHT
NORTHERN LIGHT TECHNOLOGIES INC.
THERALIGHT LLC
VERILUX
List of Tables
Summary Table : Global Market for Light Therapy Devices, by Product Category, Through 2027
Table 1 : Patent Review
Table 2 : Global Market for Light Therapy Devices, by Product Category, Through 2027
Table 3 : Pros and Cons of Light Therapy Lamps
Table 4 : Global Market for Light Therapy Devices, by Type of Light, Through 2027
Table 5 : Global Market for Light Therapy Devices, by Region, Through 2027
Table 6 : North American Market for Light Therapy Devices, by Country, Through 2027
Table 7 : North American Market for Light Therapy Devices, by Product Category, Through 2027
Table 8 : North American Market for Light Therapy Devices, by Type of Light, Through 2027
Table 9 : European Market for Light Therapy Devices, by Country, Through 2027
Table 10 : European Market for Light Therapy Devices, by Product Category, Through 2027
Table 11 : European Market for Light Therapy Devices, by Type of Light, Through 2027
Table 12 : Asia-Pacific Market for Light Therapy Devices, by Country, Through 2027
Table 13 : Asia-Pacific Market for Light Therapy Devices, by Product Category, Through 2027
Table 14 : Asia-Pacific Market for Light Therapy Devices, by Type of Light, Through 2027
Table 15 : RoW Market for Light Therapy Devices, by Product Category, Through 2027
Table 16 : RoW Market for Light Therapy Devices, by Type of Light, Through 2027
Table 17 : Ranking of Light Therapy Device Manufacturers, 2021
Table 18 : Beurer: Light Therapy Devices Product Portfolio
Table 19 : Compass Health Brands: Light Therapy Devices Product Portfolio
Table 20 : GlobalMed Technologies: Light Therapy Devices Product Portfolio
Table 21 : Koninklijke Philips N.V.: Light Therapy Devices Product Portfolio
Table 22 : Lucimed SA: Light Therapy Devices Product Portfolio
Table 23 : Lumie: Light Therapy Devices Product Portfolio
Table 24 : Nature Bright: Light Therapy Devices Product Portfolio
Table 25 : Northern Light Technologies: Light Therapy Devices Product Portfolio
Table 26 : TheraLight LLC: Light Therapy Devices Product Portfolio
Table 27 : Verilux Inc.: Light Therapy Devices Product Portfolio
List of Figures
Summary Figure A : Global Market for Light Therapy Devices, by Product Category, 2020-2027
Summary Figure B : Global Market Shares of Light Therapy Devices, by Product Category, 2021
Figure 1 : Incidence of Psoriasis, 2017-2019
Figure 2 : Global Market Shares of Light Therapy Devices, by Product Category, 2021
Figure 3 : Global Market for Light Boxes, 2021-2027
Figure 4 : Global Market for Light Therapy Lamps, 2021-2027
Figure 5 : Global Market for Light Visors, 2021-2027
Figure 6 : Global Market for Dawn Simulators, 2021-2027
Figure 7 : Global Market for Light Bulbs, 2021-2027
Figure 8 : Global Market for Handheld Light Therapy Devices, 2021-2027
Figure 9 : Global Market for Full-body Light Therapy Devices, 2021-2027
Figure 10 : Global Market for Other Types of Light Therapy Devices, 2021-2027
Figure 11 : Global Market Shares of Light Therapy Devices, by Type of Light, 2021
Figure 12 : Global Market for Red Light Therapy Devices, 2021-2027
Figure 13 : Global Market for White Light Therapy Devices, 2021-2027
Figure 14 : Global Market for Blue Light Therapy Devices, 2021-2027
Figure 15 : Global Market for Other Types of Light Therapy Devices, 2021-2027
Figure 16 : Global Market Shares of Light Therapy Devices, by Region, 2021
Figure 17 : North American Market Shares of Light Therapy Devices, by Country, 2021
Figure 18 : U.S. Market for Light Therapy Devices, 2021-2027
Figure 19 : Canadian Market for Light Therapy Devices, 2021-2027
Figure 20 : European Market Shares of Light Therapy Devices, by Country, 2021
Figure 21 : German Market for Light Therapy Devices, 2021-2027
Figure 22 : U.K. Market for Light Therapy Devices, 2021-2027
Figure 23 : French Market for Light Therapy Devices, 2021-2027
Figure 24 : Italian Market for Light Therapy Devices, 2021-2027
Figure 25 : Spanish Market for Light Therapy Devices, 2021-2027
Figure 26 : Rest of European Market for Light Therapy Devices, 2021-2027
Figure 27 : Asia-Pacific Market Shares of Light Therapy Devices, by Country, 2021
Figure 28 : Japanese Market for Light Therapy Devices, 2021-2027
Figure 29 : Chinese Market for Light Therapy Devices, 2021-2027
Figure 30 : Indian Market for Light Therapy Devices, 2021-2027
Figure 31 : Rest of Asia-Pacific Market for Light Therapy Devices, 2021-2027
Figure 32 : RoW Market for Light Therapy Devices, 2021-2027
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