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How has the light therapy market size evolved in recent years?

In recent times, the market size for light therapy has seen a steady increase. By 2025, it’s expected to rise from $1.24 billion in 2024 to $1.3 billion, with the Compound Annual Growth Rate (CAGR) being 4.7%. Factors such as advancements in medical research, acceptance in the healthcare industry, validation in clinical contexts, increased consumer awareness, and market adoption have been driving the growth during the historical period.

What are the predictions for the light therapy market size in the coming years?

Significant expansion is expected in the light therapy market in the coming years, with anticipated growth to “$1.66 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The predicted growth in this interval can be linked to increasing personalization and customization, a rise in mental health awareness, expanded telehealth and remote care offerings, as well as regulatory support. Key trends that are anticipated to affect the market during this forecast period include the spread of clinical applications, the rise of home-use devices, ongoing research and development, enhanced professional endorsement, and increased accessibility and awareness.

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What key factors are fueling the growth of the light therapy market?

There is an anticipation of growth in the light therapy market with the escalating occurrence of skin disorders. These illnesses, impacting the skin, range across an extensive variety and can be induced by bacterial, viral, fungal, allergy, or parasitic infections or even the skin itself. Light therapy utilizes light waves to manage particular skin disorders, like psoriasis, eczema, mycosis, and vitiligo, among others. The therapy involves exposing the skin to an ultraviolet (UV) light for a specific duration along with medicinal stimulation of the skin’s immunity. This helps to naturally treat skin conditions and lower the acceleration of cell development and inflammation which cause skin ailments. For example, data from Cancer Australia, the key cancer control organization for the Australian Government, showed that in January 2024, there were 1,455 melanoma skin cancer deaths in 2021 (958 males and 497 females), with a prediction to fall to 1,314 deaths in 2023 (853 males and 461 females). Furthermore, as per the US-based nonprofit organization, the National Psoriasis Foundation, in December 2022, psoriasis affected 125 million individuals globally, representing 2 to 3 percent of the worldwide population. In contrast, approximately 1.5 percent of African Americans compared to 3.6 percent of Caucasians were affected. Consequently, the amplified frequency of skin diseases is fueling the growth of the light therapy market.

How is the global light therapy market divided into key segments?

The light therapy market covered in this report is segmented –

1) By Product: Light Box, Floor And Desk Lamps, Handheld Devices For Skin Treatment, Light Visor, Dawn Simulator, Light Therapy Lamps, Other Products

2) By Light Type: White Light, Blue Light, Red Light, Other Light Types

3) By Application: Psoriasis, Vitiligo, Eczema, Acne Vulgaris, SAD/Winter Blues, Sleeping Disorders, Other Applications

4) By End User: Homecare Setting, Hospital, Dermatology Clinics, Other End Users

Subsegments:

1) By Light Box: Compact Light Boxes, Full-Spectrum Light Boxes, Adjustable Light Boxes

2) By Floor and Desk Lamps: Floor Lamps, Desk Lamps, Adjustable Angle Lamps

3) By Handheld Devices for Skin Treatment: LED Handheld Devices, Infrared Handheld Devices, Ultraviolet Handheld Devices

4) By Light Visor: Wearable Light Visors, Adjustable Light Visors

5) By Dawn Simulator: Programmable Dawn Simulators, Natural Light Mimicking Dawn Simulators

6) By Light Therapy Lamps: Portable Light Therapy Lamps, Stationary Light Therapy Lamps

7) By Other Products: Phototherapy Masks, Light Therapy Glasses, Combined Light Therapy Devices

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Who are the key firms paving the way for growth in the light therapy market?

Major companies operating in the light therapy market include Verilux Inc., Koninklijke Philips NV, Zepter International Switzerland AG, Beurer GmbH, Nature Bright Co., Lucimed SA, Aura Daylight LLC, Northern Lights Inc., PhotoMedex Inc., Sphere Gadget Technologies, Compass Health Brands, TheraLight LLC, BioPhotas Inc., The Daylight Company, Zerigo Health, Northern Light Technology, Chal-Tec GmbH, Nanoscope Therapeutics Inc., Vicentra BV, Odin Medical Ltd., Lumeda Inc., Ray Therapeutics Inc., InGel Therapeutics Inc., NeoLight LLC, GelMEDIX Inc., Johnson and Johnson Services Inc., Lumos Products Ltd., Carex Health Brands Inc., Revian Inc.

Which trends are expected to transform the light therapy market?

The surge in technological developments is an influential trend that’s taking the light therapy market by storm. Leading entities in the market are strongly focusing on developing advanced technology in an effort to maintain their market standing. To exemplify, in June 2022, LightStim, an American LED-device manufacturing company, unveiled its next-gen HydraFacial system, Elipsa, for tackling wrinkles, pain, and acne. This is the premier LightStim product offering dual treatment approaches for wrinkles and acne, delivering the most effective, results-driven therapy using LightStim MultiWave patented technology and medical-grade LEDs for a soothing, relaxing experience offering genuine benefits. The device comes with a design that includes more than twice the number of LEDs which are wirelessly connected to the HydraFacial Syndeo to provide treatment analytics, thereby best addressing customer requirements.

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What regions are contributing significantly to the growth of the light therapy market?

North America was the largest region in the light therapy market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global light therapy market report during the forecast period. The regions covered in the light therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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