Light therapy is also known as heliotherapy or photo therapy, where fluorescent light bulbs, light emitting diode (LED), sunlight, and other sources of light are used in the treatment of medical conditions like skin disorders, neurological disorders, jaundice, and others. Visible light having various wavelengths that creates positive effects on human body is used in light therapy. For instance, blue light, red and near infrared light, and green light.
Global Light Therapy Market, is estimated to be valued at US$ 874.0 million in 2020 and is estimated to exhibit a CAGR of 4.9% during the forecast period (2020-2027).
Apply Here For The Sample Copy Of The Report @ https://www.coherentmarketinsights.com/insight/request-sample/384
Impact COVID – 19:
Increased cases of skin diseases during COVID-19 pandemic is expected to fuel growth of the global light therapy market. For instance, in August 2020, as per the Open Dermatology Journal, some COVID-19 patients were reported to have skin diseases such as atopic dermatitis, rosacea, neurodermatitis, and eczema resulted from prolong mask use throughout the pandemic.
Moreover, increasing cases of neurological disorders such as anxiety, depression, and others due to these skin diseases during COVID-19 pandemic are also expected to boost growth of the global light therapy market.
Furthermore, increasing research and development activities in light therapy treatment for COVID-19 patients is expected to fuel growth of the global light therapy market. For instance, in 2020, Multi Radiance Medical received approval from Health Ministry in Brazil and started clinical trial to test their pulsed laser therapy technology for COVID-19 patients’ recovery
Major players in the market are focusing on strategic activities such as partnerships to provide more products for patients with skin disorders, which is expected to boost growth of the global light therapy market. For instance, in 2019, Daavlin International partnered with Healthlens to provide access to Daavlin 7 series home phototherapy unit for treating skin disorders such as eczema, psoriasis, and vitiligo.
Rise in the number of patients suffering from depression is expected to grow the rate of people suffering from seasonal affective disorder (SAD), which is expected to augment growth of the global market of light therapy during the forecast period. For instance, in 2019, as per the Our World in Data Statistics Sweden has the highest number of people suffering from depression with 47.9 million in 2018 followed by India with 45.7 million in 2018.
Request Here For PDF Brochure With Latest Insights @ https://www.coherentmarketinsights.com/insight/request-pdf/384
Market players are adopting strategies such as launch of novel, innovative product, which in turn is expected to boost growth of the global light therapy treatment market during the forecast period. For instance, in November 2019, TheraLight, LLC announced the launch of TheraLight FIT, and advanced light therapy technology for complete body photobiomodulation (TBP).
In October 2020, Lumiere Skyn announced the launch of next generation skin rejuvenation technology that involves Red LED wavelengths, amber LED wavelengths, and Blue LED wavelengths for treating different skin problems such as inflammation.
Key players active in the global light therapy market are Verilux, Inc., TheraLight, LLC, Zepter International, Beurer GmbH, Lucimed SA, BioPhotas, Johnson & Johnson, Koninklijke Philips N.V., Northern Light Technology, Photomedex Inc., Nature Bright, PhotonMD, Inc., Chal-Tec GmbH, and Carex Health Brands Inc.
Direct Purchase This Report with Flat USD 2000 Off @ https://www.coherentmarketinsights.com/promo/buynow/384
Reasons to Buy this Light Therapy Market Report
➡ Save time carrying out entry-level research by identifying the size, growth, and leading players in the emerging Light Therapy Market
➡Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the emerging Light Therapy Market
➡Leading company profiles reveal details of key Light Therapy Market players emerging five operations and financial performance
➡Add weight to presentations and pitches by understanding the future growth prospects of the emerging Light Therapy Market with five year historical forecasts
➡Compares data from North America, South America, Asia Pacific Europe and Middle East Africa, alongside individual chapters on each region .
Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Light Therapy Market Size Analysis from 2021 to 2028
11.6 COVID-19 Outbreak: Light Therapy Industry Impact
Chapter 2 Global Light Therapy Competition by Types, Applications, and Top Regions and Countries
2.1 Global Light Therapy (Volume and Value) by Type
2.3 Global Light Therapy (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Light Therapy Sales, Consumption, Export, Import by Regions (2016-2021)
Chapter 5 North America Light Therapy Market Analysis
Chapter 6 East Asia Light Therapy Market Analysis
Chapter 7 Europe Light Therapy Market Analysis
Chapter 8 South Asia Light Therapy Market Analysis
Chapter 9 Southeast Asia Light Therapy Market Analysis
Chapter 10 Middle East Light Therapy Market Analysis
Chapter 11 Africa Light Therapy Market Analysis
Chapter 12 Oceania Light Therapy Market Analysis
Chapter 13 South America Light Therapy Market Analysis
Chapter 14 Company Profiles and Key Figures in Light Therapy Business
Chapter 15 Global Light Therapy Market Forecast (2021-2027)
Chapter 16 Conclusions
View Press Release: https://www.coherentmarketinsights.com/press-release/light-therapy-market-2655
Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.
Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027