Light Therapy Market Growth Outlook: Trends, Market Size, and Opportunities Over the Next Decade
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What Drivers Are Shaping the Growth and Development of theLight Therapy Market?
Rising instances of skin ailments are projected to drive the expansion of the light therapy market. Skin ailments span across a broad range of diseases triggered by bacterial, viral, fungal, allergic, and parasitic infections, as well as conditions inherent to the skin. Light therapy treatment uses light waves in conjunction with medication to naturally treat various skin conditions such as psoriasis, eczema, mycosis, vitiligo, and more. This is achieved by exposing the skin to ultraviolet (UV) light for a specific period, which stimulates the skin’s immunity, reduces cell growth and inflammation that lead to skin disorders. For example, Cancer Australia, the leading cancer control agency to the government of Australia, reported that deaths from melanoma of the skin amounted to 1,455 in 2021 (Men: 958, Women: 497). They predicted a decline in these figures to 1,314 fatalities in 2023 (Men: 853, Women: 461). Furthermore, the National Psoriasis Foundation, a US-based nonprofit organization assisting people with psoriasis and psoriatic arthritis, stated in December 2022 that Psoriasis affects 125 million people worldwide, making up 2 to 3 percent of the world’s population. The disease is more prevalent among Caucasians at 3.6 percent as opposed to 1.5 percent amongst African Americans. As such, the rise in skin disease cases serves as a catalyst for the expansion of the light therapy market.
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#What is the Anticipated CAGR of theLight Therapy Market, and What Factors Will Drive It?
In the past few years, the light therapy market has experienced consistent expansion. Its growth is projected to rise from $1.24 billion in 2024 to $1.3 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 4.7%. The growth during the historical period can be attributed to the advancements in medical research, clinical validation, acceptance within the healthcare sector, increased consumer awareness, and market adoption.
The market for light therapy is anticipated to experience significant expansion in the coming years. The market is projected to escalate to a value of “$1.66 billion by 2029, with a compound annual growth rate (CAGR) of 6.2%. Factors contributing to this growth within the forecast period are personalization and customization, awareness of mental health issues, the advent of telehealth and remote care, and regulatory support. The main trends to look out for within this period encompass broadened clinical applications, devices for home use, research and development initiatives, professional recommendation, and enhanced accessibility and awareness.
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Which Cutting-Edge Market Trends Are Expected to Drive theLight Therapy Market’s Growth?
The surge of technological innovation is becoming a notable trend in the light therapy market. Leading companies in the industry are heavily investing in state-of-the-art technologies to maintain their market dominance. For example, LightStim, an American company specialized in LED-based devices, in June 2022 introduced Elipsa, their most recent HydraFacial system developed to alleviate wrinkles, pain, and acne. Elipsa is the inaugural LightStim product offering dual treatment modes for wrinkles and acne, providing an effective, results-oriented treatment deploying LightStim MultiWave patented technology and medical-grade LEDs. This ensures a soothing and relaxed experience, offering tangible advantages. Elipsa surpasses previous models as it includes more than double the quantity of LEDs, which are wirelessly connected to the HydraFacial Syndeo for providing treatment analytics, improving customer services.
What Are the Leading Market Players Impacting theLight Therapy Market’s Growth Trend?
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.
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How Are the Key Segments of the Light Therapy Market Driving Opportunities and Innovations?
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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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theLight Therapy Market?# Market Expansion?
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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