Light Therapy Industry Global Market Trends, Emerging Growth and Forecast By 2026
This report examines the ‘Global Light Therapy Market’ for the period 2016–2026. The primary objective of the report is to offer updates, trends, drivers, restraints, volume and value forecasts and opportunities for manufacturers operating in the global light therapy market.
Global demand for light therapy devices is increasing as a result of rapid adoption of new technologies and increasing incidence of Seasonal Affective disorder (SAD) and skin treatments. Markets in developed economies are witnessing increasing demand for light therapy products due to the geographic location and high prevalence rate of SAD. Adoption of light therapy devices is projected to increase at a rate of 4.8% over the forecast period. The trend is expected to boost the overall demand for light therapy products such as light boxes, dawn simulators, handheld devices for skin treatment during the forecast period. To understand and assess the opportunities in this market, the report is categorically split into four sections, namely market analysis by product type, end user type, light type and region. The report analyses the global light therapy market in terms of market value (US$ Mn).
The report starts with an overview of the light therapy market and its usage in various applications globally. In the same section, covers the light therapy market performance in terms of revenue. This section includes analyses of key trends, drivers and restraints from the supply and demand perspective.
The next section of the report analyses the market is based on product type and presents the forecast in terms of value for the next ten years. Product types covered in the report include:
Floor and Desk Lamps
Light Therapy Bulbs
Handheld Devices for skin treatment
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The next section of the report analyses the market based on light type segments and presents the forecast in terms of value for the next ten years. The light type segments covered in the report include:
Others (green light, yellow light)
The next section of the report analyses the market based on end user type segments and presents the forecast in terms of value for the next ten years. The end user type segments covered in the report include:
Others (workplace, salons)
Furthermore, the report analyses the market based on regions and presents the forecast in terms of value for the next ten years. Regions covered in the report include:
Asia Pacific Excluding Japan
Middle East & Africa (MEA)
The forecast presented for the market assesses the total revenue generated in the light therapy market. When developing the forecast, the starting point involves sizing the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics of market, we triangulated the outcome based on different analysis of the supply side, demand side and GDP growth rate. However, quantifying the market across aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.