Light Therapy Market: Growth Prospects and Dynamics 2030

Light Therapy Market Size and Forecast (2020 - 2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Type (Benchtop and Portable), Light Type (Red Light, Blue Light, and White Light), Application (Mental Health Disorders, Skin Disorders, Neonatal Care, and Others), and End User (Hospitals and Specialty Clinics, Homecare, and Others)

  • Report Code : TIPRE00002883
  • Category : Medical Device
  • No. of Pages : 150
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Light Therapy Market: Growth Prospects and Dynamics 2030

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[Research Report] The light therapy market size is projected to grow from US$ 930.69 million in 2022 to US$ 1,434.25 million by 2030; the market is anticipated to record a CAGR of 5.6% from 2022 to 2030.

Market Insights and Analyst View:

Light therapy, also known as phototherapy, is the therapeutic use of specific wavelengths of light to address a range of conditions, including dermatological disorders, mood-related disturbances, and sleep-related issues. This noninvasive treatment modality harnesses the unique properties of light to elicit biological responses within the body, often targeting the skin or retina, as well as influencing circadian rhythms and mood-regulating pathways. Light therapy can encompass various forms, such as blue light therapy for acne, red light therapy for skin rejuvenation, and bright light therapy for seasonal affective disorder.

Growth Drivers and Challenges:

The rising adoption of blue light therapy for skin disease has emerged as a significant driver propelling the growth and diversification of the light therapy market. Blue light therapy, a noninvasive phototherapy modality, has witnessed increasing utilization for treating various dermatological conditions, including acne, psoriasis, eczema, and actinic keratosis. The efficacy of blue light therapy in targeting specific skin concerns, such as acne vulgaris, has gained widespread attention and acceptance among healthcare professionals and individuals seeking non-pharmacological treatment options. Technological innovations have further amplified the application of blue light therapy, resulting in the development of specialized light delivery systems with optimized blue light wavelengths that selectively target and mitigate the underlying causes of dermatological conditions. The accessibility of home-based blue light therapy devices has also contributed to the market's expansion, empowering individuals to address skin concerns with convenient and user-friendly solutions.

On the other hand, light therapy offers a range of therapeutic benefits; however, the risk of side effects associated with certain modalities has emerged as a limiting factor for the overall growth of the light therapy market. Concerns regarding potential side effects, such as skin irritation, eye strain, and disruption of circadian rhythms, have raised caution among both healthcare providers and potential users. These concerns can deter individuals from exploring light therapy options, particularly in cases where there is insufficient information or guidance on safe and appropriate usage. Furthermore, the need for meticulous dosimetry and adherence to treatment protocols, coupled with the potential for adverse reactions in sensitive individuals, presents a barrier to widespread adoption. Mitigating these risks through ongoing research, education, and the development of enhanced safety measures will be crucial for addressing these limitations and fostering greater confidence in the safety and effectiveness of light therapy, thereby encouraging its broader utilization and contributing to the market growth.

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Light Therapy Market: Strategic Insights

light-therapy-market
Market Size Value inUS$ 930.69 million in 2022
Market Size Value byUS$ 1,434.25 million by 2030
Growth rateCAGR of 5.6% from 2022 to 2030
Forecast Period2022-2030
Base Year2022
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Report Segmentation and Scope:

The light therapy market is segmented on the basis of type, light type, application, and end user. Based on type, the market is divided into benchtop and portable. The light therapy market is segmented by light type into red, blue, and white light. By application, the market is segmented into mental health disorders, skin disorders, neonatal jaundice, and others. In terms of end user, the market is categorized into hospitals and specialty clinics, homecare, and others. In terms of geography, the light therapy market is segmented into North America (US, Canada, and Mexico), Europe (UK, Germany, France, Italy, Spain, and Rest of Europe), Asia Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, South Africa, and Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and Rest of South & Central America).

Segmental Analysis:

Based on type, the portable segment in the light therapy market is expected to record the fastest CAGR from 2022 to 2030. Portable light therapy devices have revolutionized the accessibility and convenience of light-based treatments, allowing individuals to receive therapeutic benefits on the go. These portable solutions encompass a range of devices, including compact light boxes, wearable light visors, and handheld light wands, designed to deliver targeted phototherapy in various settings. The portability of these devices empowers users to seamlessly integrate light therapy into their daily routines, whether at home, in the workplace, or while traveling. As a result, portable light therapy has expanded the reach of light-based treatments, giving individuals greater control over their wellness regimens and enhancing adherence to prescribed phototherapy protocols.

Based on light type, the light therapy market is segmented into red light, blue light, and white light. Red light treatment is anticipated to gain significant traction in the upcoming years due to its capacity to fortify mitochondria by conducting a biochemical reaction within cells. Thus, red-light therapy has increased adenosine triphosphate (ATP) production, which claims to support hair development, heal wounds, restore tissue, and reverse sun damage.

By application, the light therapy market is segmented into mental health disorders, skin disorders, neonatal care, and others. The hospital skin disorder segment dominated the market in 2022 and is anticipated to register a substantial CAGR during the forecast period. The efficacy of light therapy in treating skin disorders such as acne, psoriasis, eczema, and dermatitis has propelled its widespread adoption among healthcare practitioners and individuals seeking non-pharmacological interventions. This segment has witnessed notable growth due to the advancing research elucidating the photobiomodulatory effects of specific wavelengths of light on skin cells and associated biological processes.

Regional Analysis:

Based on geography, the light therapy market is classified into North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America.

North America is the most significant contributor to the growth of this market owing to the increasing number of people who have psoriasis and SAD/Winter blues symptoms; North America led the world market for light therapy in 2022. Under medical supervision, light treatment entails exposing the skin to UV light from artificial sources. UVB and UVA light, or a mix of the two, are used to alleviate symptoms, lessen inflammation, and limit the proliferation of skin cells. The Canadian Dermatology Association believes that one million Canadians have psoriasis, which is a key factor that drives the demand for light therapy devices. The Asia Pacific light therapy market is expected to record the fastest CAGR from 2022 to 2030, owing to huge investments in telemedicine and increased knowledge of the advantages of light treatment.

Light Therapy Market Report Scope

Industry Developments and Future Opportunities: 

A few initiatives taken by key players operating in the global light therapy market are listed below:

  1. In September 2023, AMIRO, a leading skincare and beauty tech solution supplier, showcased two of the most cutting-edge products of the year—the AMIRO S2 SEAL skin-tightening gadget and the AMIRO LumoMax LED light facial beauty device.
  2. In June 2022, BioPhotas, Inc. partnered with Ulta Beauty. With the aid of the Celluma PRO and Celluma ELITE models, this cooperation is anticipated to satisfy customers' skincare needs in 55 distinct areas across the US. The FDA has approved these models to treat several ailments, including wrinkles, joint discomfort, and acne.

Competitive Landscape and Key Companies:

Koninklijke Philips N.V.; Beurer GmbH; BioPhotas; Northern Light Technologies; Lumie; Verilux, Inc; Zepter International; The Daylight Company; Zerigo Health; and Naturebright are among the major players in the light therapy market. These companies focus on expanding their offerings to meet the growing consumer demand worldwide. Their global presence allows them to serve many customers, subsequently allowing them to expand their market share.

Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Type, Light Type, Application, and End User

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

Frequently Asked Questions


Which light type segment dominates the light therapy market?

Based on light type, the light therapy market is segmented into red light, blue light, and white light. Red light treatment is anticipated to gain significant traction in the upcoming years due to its capacity to fortify mitochondria by conducting a biochemical reaction within cells. Thus, red-light therapy has increased adenosine triphosphate (ATP) production, which claims to support hair development, heal wounds, restore tissue, and reverse sun damage.

Which type segment dominates the light therapy market?

Based on type, the portable segment in the light therapy market is expected to record the fastest CAGR from 2022 to 2030. Portable light therapy devices have revolutionized the accessibility and convenience of light-based treatments, allowing individuals to receive therapeutic benefits on the go. These portable solutions encompass a range of devices, including compact light boxes, wearable light visors, and handheld light wands, designed to deliver targeted phototherapy in various settings. The portability of these devices empowers users to seamlessly integrate light therapy into their daily routines, whether at home, in the workplace, or while traveling. As a result, portable light therapy has expanded the reach of light-based treatments, giving individuals greater control over their wellness regimens and enhancing adherence to prescribed phototherapy protocols.

What are the growth estimates for the light therapy market till 2030?

The light therapy market is expected to be valued at US$ 1,434.25 million in 2030.

What factors drive the light therapy market?

Growing prevalence of skin diseases and the growing use of noninvasive therapies. In 2023, the World Health Organization released estimates that skin diseases impacted over 1.8 million people worldwide. However, the stringent regulatory processes and high cost of devices hinder the growth of the light therapy market.

Who are the major players in the light therapy market?

The light therapy market has major market players, including Koninklijke Philips N.V.; Beurer GmbH; BioPhotas; Northern Light Technologies; Lumie; Verilux, Inc; Zepter International; The Daylight Company; Zerigo Health; and Naturebright.

What was the estimated light therapy market size in 2022?

The light therapy market was valued at US$ 930.69 million in 2022.

What is light therapy?

Light therapy, also known as phototherapy, is the therapeutic use of specific wavelengths of light to address a range of conditions, including dermatological disorders, mood-related disturbances, and sleep-related issues. This noninvasive treatment modality harnesses the unique properties of light to elicit biological responses within the body, often targeting the skin or retina, as well as influencing circadian rhythms and mood-regulating pathways. Light therapy can encompass various forms, such as blue light therapy for acne, red light therapy for skin rejuvenation, and bright light therapy for seasonal affective disorder.

1. Introduction

1.1 Scope of the Study

1.2 Market Definition, Assumptions and Limitations

1.3 Market Segmentation

2. Executive Summary

2.1 Key Insights

2.2 Market Attractiveness Analysis

3. Research Methodology

4. Light Therapy Market Landscape

4.1 Overview

4.2 PEST Analysis

4.3 Ecosystem Analysis

4.3.1 List of Vendors in the Value Chain

5. Light Therapy Market - Key Market Dynamics

5.1 Key Market Drivers

5.2 Key Market Restraints

5.3 Key Market Opportunities

5.4 Future Trends

5.5 Impact Analysis of Drivers and Restraints

6. Light Therapy Market - Global Market Analysis

6.1 Light Therapy - Global Market Overview

6.2 Light Therapy - Global Market and Forecast to 2030

7. Light Therapy Market – Revenue Analysis (USD Million) – By Type, 2020-2030

7.1 Overview

7.2 Benchtop

7.3 Portable

8. Light Therapy Market – Revenue Analysis (USD Million) – By Light Type, 2020-2030

8.1 Overview

8.2 Red Light

8.3 Blue Light

8.4 White Light

9. Light Therapy Market – Revenue Analysis (USD Million) – By Application, 2020-2030

9.1 Overview

9.2 Mental Health Disorders

9.3 Skin Disorders

9.4 Neonatal Care

9.5 Others

10. Light Therapy Market – Revenue Analysis (USD Million) – By End User, 2020-2030

10.1 Overview

10.2 Hospitals and Specialty Clinics

10.3 Homecare

10.4 Others

11. Light Therapy Market - Revenue Analysis (USD Million), 2020-2030 – Geographical Analysis

11.1 North America

11.1.1 North America Light Therapy Market Overview

11.1.2 North America Light Therapy Market Revenue and Forecasts to 2030

11.1.3 North America Light Therapy Market Revenue and Forecasts and Analysis - By Type

11.1.4 North America Light Therapy Market Revenue and Forecasts and Analysis - By Light Type

11.1.5 North America Light Therapy Market Revenue and Forecasts and Analysis - By Application

11.1.6 North America Light Therapy Market Revenue and Forecasts and Analysis - By End User

11.1.7 North America Light Therapy Market Revenue and Forecasts and Analysis - By Countries

11.1.7.1 United States Light Therapy Market

11.1.7.1.1 United States Light Therapy Market, by Type

11.1.7.1.2 United States Light Therapy Market, by Light Type

11.1.7.1.3 United States Light Therapy Market, by Application

11.1.7.1.4 United States Light Therapy Market, by End User

11.1.7.2 Canada Light Therapy Market

11.1.7.2.1 Canada Light Therapy Market, by Type

11.1.7.2.2 Canada Light Therapy Market, by Light Type

11.1.7.2.3 Canada Light Therapy Market, by Application

11.1.7.2.4 Canada Light Therapy Market, by End User

11.1.7.3 Mexico Light Therapy Market

11.1.7.3.1 Mexico Light Therapy Market, by Type

11.1.7.3.2 Mexico Light Therapy Market, by Light Type

11.1.7.3.3 Mexico Light Therapy Market, by Application

11.1.7.3.4 Mexico Light Therapy Market, by End User

Note - Similar analysis would be provided for below mentioned regions/countries

11.2 Europe

11.2.1 Germany

11.2.2 France

11.2.3 Italy

11.2.4 Spain

11.2.5 United Kingdom

11.2.6 Rest of Europe

11.3 Asia-Pacific

11.3.1 Australia

11.3.2 China

11.3.3 India

11.3.4 Japan

11.3.5 South Korea

11.3.6 Rest of Asia-Pacific

11.4 Middle East and Africa

11.4.1 South Africa

11.4.2 Saudi Arabia

11.4.3 U.A.E

11.4.4 Rest of Middle East and Africa

11.5 South and Central America

11.5.1 Brazil

11.5.2 Argentina

11.5.3 Rest of South and Central America

12. Industry Landscape

12.1 Mergers and Acquisitions

12.2 Agreements, Collaborations, Joint Ventures

12.3 New Product Launches

12.4 Expansions and Other Strategic Developments

13. Competitive Landscape

13.1 Heat Map Analysis by Key Players

13.2 Company Positioning and Concentration

14. Light Therapy Market - Key Company Profiles

14.1 Koninklijke Philips N.V.

14.1.1 Key Facts

14.1.2 Business Description

14.1.3 Products and Services

14.1.4 Financial Overview

14.1.5 SWOT Analysis

14.1.6 Key Developments

Note - Similar information would be provided for below list of companies

14.2 Beurer GmbH

14.3 BioPhotas.

14.4 Northern Light Technologies

14.5 Lumie

14.6 Verilux, Inc

14.7 Zepter International

14.8 The Daylight Company

14.9 Zerigo Health

15. Appendix

15.1 Glossary

15.2 About The Insight Partners

15.3 Market Intelligence Cloud

The List of Companies - Light Therapy Market

  1. Koninklijke Philips N.V.
  2. Beurer GmbH
  3. BioPhotas
  4. Northern Light Technologies
  5. Lumie
  6. Verilux, Inc
  7. Zepter International
  8. The Daylight Company
  9. Zerigo Health
  10. Naturebright

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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