The Global Light Therapy Market report assesses the historical and current data along with a thorough analysis of the market dynamics. The report also sheds light on the significant market growth driving and restraining factors that are anticipated to influence the market growth through the forecast period. The Global Light Therapy Market studies the market scenario to offer growth projections for the Light Therapy Market industry for the forecast period of 2022-2030. The report focuses on potential growth opportunities and limitations the prominent players of the industry might face during the entirety of the forecast timeline.
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The global light therapy market size was USD 1.10 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period. Technological advancements in light therapy and launch of innovative products, such as handheld light therapy devices, are factors projected to support market revenue growth between 2021 and 2030. For example, Body Balance System, a Las Vegas-based company makes zero-gravity beds filled with small red lights or diodes due to its health and skin benefits such as fat loss, pain relief, muscle recovery after a workout, and others. In addition, researchers in Brazil have been studying about effects of low-level laser therapy on thyroid gland and found that patients who received therapy were able to reduce their levothyroxine dose, while 47% were able to discontinue levothyroxine and have normal thyroid function during the nine-month follow-up.
Research Report on the Light Therapy Market Addresses the Following Key Questions:
Who are the dominant players of the Light Therapy market?
Which regional market is anticipated to have a high growth rate over the projected period?
What consumer trends and demands are expected to influence the operations of the market players in the Light Therapy market?
What are the key growth drivers and restraining factors of the Light Therapy market?
What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
What is the overall impact of the COVID-19 pandemic on the Light Therapy market and its key segments?
The report bifurcates the Light Therapy market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Product Outlook (Revenue, USD Billion; 2019–2030)
- Light Visor
- Light Box
- Floor and Desk Lamp
- Dawn Simulator
- Handheld Skin Treatment Devices (HSTDs)
Light Type Outlook (Revenue, USD Billion; 2019–2030)
Application Outlook (Revenue, USD Billion; 2019–2030)
- Acne Vulgaris
- Sleeping Disorders
- Winter Blues
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Regional Landscape section of the Light Therapy report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Light Therapy market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Koninklijke Philips N.V., Chal-Tec GmbH, Alexion Pharmaceuticals, Inc., Lucimed, Soligenix, Lumos, Gleam, Northern Light Technologies, Zepter International, SPHERE Technology Solutions, Photomedex.com, Lumie, and Joovv, Inc
Key Benefits of the Report:
Comprehensive analysis of the competitive scenario and its changing dynamics
Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
In-depth 8-year analysis of the Global Light Therapy Market
Critical understanding of the key market segments
Comprehensive analysis of the drivers, restraints, trends, and opportunities
Detailed regional analysis and extensive company profiling
Extensive assessment of current and emerging trends of the market
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