Light Therapy Market To Surpass US$ 1,227.3 Million By 2027 - Coherent Market Insights

SEATTLE - April 16, 2021 - PRLog -- Global Light Therapy Market, by Product Type (Light Box, Lamps, Light Visor, Dawn Simulator, Light Therapy Bulbs, and Handheld Devices), by Light Type (White Light, Red Light, Blue Light, and Others), by End User (Dermatology Clinics, Homecare Settings, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa), is estimated to be valued at US$ 874.0 million in 2020 and is estimated to exhibit a CAGR of 4.9% during the forecast period (2020-2027).

Market players are focusing on launching new and innovative products, which is expected to drive growth of the global light therapy market over the forecast period. For instance, in November 2019, TheraLight, LLC launched TheraLight FIT, an advanced light therapy technology that use LED with both Red and IR wavelengths for total body photobiomodulation (TBP).

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Global Light Therapy Market- Impact of Coronavirus (COVID – 19) Pandemic

The COVID-19 pandemic is expected to fuel growth of the global light therapy market over the forecast period. According to The Open Dermatology Journal: 20th August 2020, some of the COVID-19 patients reported aggravation of their skin disorders such as rosacea, eczema, atopic dermatitis, and neurodermatitis due to prolong use of masks during the COVID-19 epidemic.

Browse 35 Market Data Tables and 23 Figures spread through 154 Pages and in-depth TOC on, Global Light Therapy Market, Global Light Therapy Market, by Product Type (Light Box, Lamps, Light Visor, Dawn Simulator, Light Therapy Bulbs, and Handheld Devices), by Light Type (White Light, Red Light, Blue Light, and Others), by End User (Dermatology Clinics, Homecare Settings, and Others), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa),

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Key Takeaways of the Light Therapy Market:

The global light therapy market is expected to exhibit a CAGR of 4.9% over the forecast period (2020-2027), owing to growth in potential markets, especially in Europe. North America accounted for major market share.

Some of the major players operating in the global light therapy market include 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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