Global Light Therapy Market size,Growth statistics, top trends, covid-19 impact
Posted by shriya on June 9th, 2021
Global Light Therapy Market Research Report: By Product (Light Box, Floor and Desk Lamps, Light Visor, HDST, Others), By Application (Psoriasis, Vitiligo, Eczema, Acne Vulgaris, Others), By Light Type (Blue Light, Red Light, White Light, Others) and By End-User (Homecare Settings, Dermatology Clinics, Others) – Forecast to 2027
The global light therapy market size has an opportunity to scale a growth valuation of USD 1,112.16 Million by 2025 with a moderate CAGR of 5.1% in the forecast period that covers 2019 to 2025. Market Research Future (MRFR) considers the rising number of dermatological disorders as the major reason behind the market growth of the light therapy market. Among other major reasons, growing demand for non-invasive methods, treatment for psychological disorders, and better funding for research and development projects are deemed to play crucial roles in taking the market forward.
The Americas is showing great progress owing to the huge demand it is getting from the rising demand for non-invasive procedures. In addition, the regional market has a great opportunity in getting the market horizon expanded by increasing the number of treatments done for dermatological problems with light therapy. In Europe, the growth of this segment would be substantial as several countries like France, Germany, the UK, and others would show growth in their reception of the light therapy. This would happen mostly due to increasing awareness and spending capacity.
The market for light therapy is witnessing a surge in strategic moves that ensure market growth. This would depend much on the performance of the market players like BioPhotas (US), Beurer (Germany), Northern Light Technology (Canada), Koninklijke Philips (Netherlands), Verilux (US), Nature Bright (Taiwan), Chal-Tec GmbH (Germany), Lumie (UK), Lucimed SA (Belgium), Zepter International (Switzerland), and others. These companies have their recent moves profiled by MRFR to understand the market movements in a proper way.
Browse Detailed TOC with COVID-19 Impact Analysis at: https://www.marketresearchfuture.com/reports/light-therapy-market-8366
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About the Authorshriya
Joined: May 18th, 2021
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