Light Therapy Market: Europe is expected to have high growth and demand through 2021 | IndustryARC
The light therapy is a type of treatment in which the patient is exposed to different wavelengths of the light as per the treatment advised for the patient’s recovery. There are different types of lights and their ranges for illnesses ranging from cancer, acne, seasonal depression to skin related issues. There is high scope for the Light Therapy Market in various regions across the globe during 2016-2021.
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Scope and Regional Forecast of the Light Therapy Market:
According to the IndustryARC research analysis studies on the Light Therapy Market, healthcare is anticipated to rapidly adopt the light therapy technology for treatment of cancer patients and skin related issues through 2021.
North America is the leading region in the Light Therapy Market with Europe and Asia Pacific as the second leading region and third leading region as per IndustryARC analytics. The fast adoption of this treatment technology is driving the demand during 2016-2021.
Asia Pacific is the fastest growing region in the Light Therapy Market with many corporations investing for the growth and development of this market. China and India are expected to be the major markets with increasing use during 2016-2021.
The Light Therapy Market is a rapidly growing market with increasing use of bright light treatment or others for healthcare treatment applications for different illnesses in various regions across the globe. This market is anticipated to have healthy growth owing to the increasing expenditure for UV therapy, LED treatment and others equipment, growing demand for blue light treatment, red light treatment, white light therapy etc. in healthcare industry and rising use for sunlight therapy or phototherapy for seasonal affective disorder treatment and others in various regions across the globe during 2016-2021.
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Segmentation and Key Players of the Light Therapy Market:
The Light Therapy Market is segmented into various categories in the IndustryARC marketing research report by source of light, by disease and by geography as follows:
By source of light: LED, Fluorescent Lamps, Polychromatic Polarisedor and others
By disease: Psoriasis, Cancer, Acne, Seasonal Affective Disorder, Neonatal Jaundice and others
By geography: North America, South America, Europe, Asia Pacific and ROW
The key players in the Light Therapy Market according to the IndustryARC research report are as follows:
- Northern Light Technology
- Verilux, Inc.
- Koninklijke Philips N.V.
- Zepter International
The increasing popularity and effectiveness of light therapy for skin and other types of heat ailments are the major driving factors of this market in various regions across the globe during 2016-2021.