Market Research Logo

Global Light Therapy Market 2017-2021

Global Light Therapy Market 2017-2021

About Light Therapy

Light therapy refers to the use of artificial lights of complete spectrum or individual wavelengths for various purposes to such as a substitute of sunlight or for therapeutic uses in dermatology or skin care. They are commonly used to treat SAD (seasonal affective disorder) and other associated condition by using artificial light.Technavio’s analysts forecast the global light therapy market to grow at a CAGR of 4.72% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global light therapy market for 2016-2020. To calculate the market size, the report considers the sales of light therapy products.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Light Therapy Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Beurer
  • Koninklijke Philips
  • Lumie
  • Verilux
Other prominent vendors
  • Aura Medical
  • Compass Health Brands
  • Demyk Lightmod Products
  • Lucimed
  • Nature Bright
  • Northern Light Technology
  • Photomedex
  • Red Light Man
  • Sphere Gadget Technologies
  • Zepter International
Market driver
  • Growing prevalence of SAD
  • For a full, detailed list, view our report
Market challenge
  • Low awareness about light therapy
  • For a full, detailed list, view our report
Market trend
  • Growing prevalence of skin disorders
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Releases

Technavio Announces the Publication of its Research Report – Global Light Therapy Market 2017-2021

Technavio recognizes the following companies as the key players in the global light therapy market: Beurer, Koninklijke Philips, Lumie, and Verilux.

Other Prominent Vendors in the market are: Aura Medical, Compass Health Brands, Demyk Lightmod Products, Lucimed, Nature Bright, Northern Light Technology, Photomedex, Red Light Man, Sphere Gadget Technologies, and Zepter International.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing prevalence of skin disorders. The demand for various aesthetic treatments such as laser surgery is growing due to the increasing number of people who are conscious about their appearance. The growing prevalence of skin disorders such as pimples, scars, acnes, and eczema also drives the demand for skin-related treatments. Hence, the demand for laser surgeries and dermatological procedures is increasing.”

According to the report, one of the major drivers for this market is Growing prevalence of SAD. SAD is a type of depression that is caused due to changes in seasons. Limited exposure to sunlight is a major cause of SAD. People who live in cold countries do not get adequate exposure to sunlight, which increases the prevalence of SAD in these countries. For instance, in the US, 1.2% of the population of Florida and 9.4% of the population of Alaska experience SAD. This is due to exposure to extremely cold conditions. In Canada, 15.3% of the population experience winter blues and 3%-7% of the population are affected by SAD. In the UK, 20.26% of the population experience winter blues and 3% of the population are affected by SAD.

Further, the report states that one of the major factors hindering the growth of this market is Low awareness about light therapy. Light therapy is used in various clinical and home-based treatment procedures such as dermatology, neurology, SAD, and orthopedics. However, it is not commonly used in all geographies due to the lack of awareness. Light therapy is considered as a luxury or secondary treatment procedure in developed countries in Western Europe and North America. The per capita healthcare spending is $9,640 in Canada and $7,619 in the US. The increase in disposable income and healthcare spending and the availability of healthcare facilities increase the growth in the number of people who adopt light therapy.

Companies Mentioned

Beurer, Koninklijke Philips, Lumie, Verilux, Aura Medical, Compass Health Brands, Demyk Lightmod Products, Lucimed, Nature Bright, Northern Light Technology, Photomedex, Red Light Man, Sphere Gadget Technologies, and Zepter International.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Overview
      • Table Global light therapy market: Stakeholders' perspective 2017-2021
  • Market landscape
    • Overview
      • Table Light therapy: Segmentation by product and type of light
    • Products
    • Lights
    • Market opportunities
      • Table Light therapy products: Factors that affect consumer buying decisions
      • Table Factors affecting growth and development for vendors
    • Market size and forecast
      • Table Global light therapy market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Segmentation by geography
    • Overview
      • Table Global light therapy market: Segmentation by geography 2016-2021 (% share)
    • Americas
      • Table Light therapy market in Americas: Overview
      • Table Light therapy market in Americas 2016-2021 ($ millions)
    • EMEA
      • Table Light therapy market in EMEA: Overview
      • Table Light therapy market in EMEA 2016-2021 ($ millions)
    • APAC
      • Table Light therapy market in APAC: Overview
      • Table Light therapy market in APAC 2016-2021 ($ millions)
  • Segmentation by end-user
    • Overview
      • Table Global light therapy market: Segmentation by end-users 2016-2021 (% share)
    • Healthcare
      • Table Global light therapy market by healthcare 2016-2021 ($ millions)
    • Domestic
      • Table Global light therapy market by domestic 2016-2021 ($ millions)
      • Table Internet penetration rate of various countries 2016
    • Commercial
      • Table Number of spa visits in US (million people per year)
      • Table Global light therapy market by commercial 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table People undergoing dermatology procedures by age group in US 2015
    • Market challenges
  • Market trends
    • Growing prevalence of skin disorders
    • Growing prevalence of complications due to misbalance in circadian rhythm
    • Growing use of light boxes to avoid winder blues
  • Vendor landscape
    • Competitive landscape
  • Key vendor analysis
    • Beurer
      • Table Beurer: Overview
      • Table Beurer: Strength analysis
      • Table Beurer: Strategy assessment
      • Table Beurer: Opportunity assessment
    • Koninklijke Philips
      • Table Koninklijke Philips: Overview
      • Table Koninklijke Philips: Strength analysis
      • Table Koninklijke Philips: Strategy assessment
      • Table Koninklijke Philips: Opportunity assessment
    • Lumie
      • Table Lumie: Overview
      • Table Lumie: Strength analysis
      • Table Lumie: Strategy assessment
      • Table Lumie: Opportunity assessment
    • Verilux
      • Table Verilux: Overview
      • Table Verilux: Strength analysis
      • Table Verilux: Strategy assessment
      • Table Verilux: Opportunity assessment
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report