Light Therapy Market Scope And Analysis

Report Code : TIPRE00002883
Category : Medical Device

No. of Pages : 150

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Light Therapy Market Scope, Growth, Size and Share by 2030

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Light Therapy Market Report Scope

Report Attribute	Details
Market size in 2022	US$ 930.69 Million
Market Size by 2030	US$ 1,434.25 Million
Global CAGR (2022 - 2030)	5.6%
Historical Data	2020-2022
Forecast period	2022-2030
Segments Covered	By Type Benchtop and Portable By Light Type Red Light Blue Light White Light By Application Mental Health Disorders Skin Disorders Neonatal Care By End User Hospitals and Specialty Clinics Homecare
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Koninklijke Philips N V Beurer GmbH BioPhotas Northern Light Technologies Lumie Verilux Inc Zepter International The Daylight Company Zerigo Health

Industry Developments and Future Opportunities:

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

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.
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.