Light Therapy Market To Generate $802.7 Million by 2031, Expeditious Annual Growth Predicted

Light therapy market was valued at $521.09 million in 2021, and is estimated to reach $802.7 million by 2031, growing at a CAGR of 4.4% from 2022 to 2031. Light therapy is also known as phototherapy, which is a treatment in which a patient is exposed to a light source such as ultraviolet radiations. This therapy is often used in the treatment of various diseases, including depression, skin disorders, sleep disorders, and jaundice. Furthermore, light therapy is also used to treat seasonal affective disorder (SAD).

𝐋𝐢𝐬𝐭 𝐨𝐟 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬 :

JOHNSON AND JONSON, NORTHERN LIGHT TECHNOLOGIES, PHOTOMEDEX.INC, NATURE BRIGHT, N.VVERILUX, TheraLight, LLC, LUCIMED S.A., BEURER GMBH, BIOPHOSTAS INC. (CELLUMA), ZEPTER INTERNATIONAL, LUMIE, Verilux, Inc., Koninklijke Philips N.V.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 https://www.alliedmarketresearch.com/request-sample/11577

Depending on product, the floor and desk lamps segment exhibited highest growth in light therapy market size in 2021, owing to increase in demand for floor and desk lamps as these are more convenient to use. However, handheld devices for skin treatment (HDST) is expected to register highest CAGR of 5.5% from 2022 to 2031 in the light therapy industry, owing to increased use of handheld laser devices for skin treatments by dermatologists.

On the basis of application, skin conditions segment was the major revenue contributor in the light therapy industry and fastest growing segment, owing to rise in prevalence of various skin diseases such as acne, psoriasis, vitiligo, and eczema and rise in demand of non-invasive light therapies.

On the basis of light type, the blue light segment dominated the light therapy market size in 2021, and is expected to remain dominant during the forecast period. The market growth for this segment is driven by increase in use of blue light therapy devices such as handheld lasers and LED to treat various skin conditions and mood disorders in the U.S. However, the red light segment is expected to register highest CAGR of 5.3% from 2022 to 2031, owing to increase in prevalence of dementia and other skin conditions and increase in patients seeking red light therapy treatments.

𝐅𝐨𝐫 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐈𝐧𝐪𝐮𝐢𝐫𝐲 https://www.alliedmarketresearch.com/purchase-enquiry/11577

𝐕𝐀𝐋𝐔𝐄 𝐏𝐑𝐎𝐏𝐎𝐒𝐈𝐓𝐈𝐎𝐍𝐒 𝐑𝐄𝐋𝐀𝐓𝐄𝐃 𝐓𝐎 𝐓𝐇𝐄 𝐑𝐄𝐏𝐎𝐑𝐓:

Powered with Complimentary Analyst Hours and Expert Interviews with Each Report

Comprehensive quantitative and qualitative insights at segment and sub-segment level

Covid 19 impact trends and perspective

Granular insights at global/regional/country level

Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment

Blanket coverage on competitive landscape

Winning imperatives

Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
205, Portland, OR 97220
United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com