The light therapy market size is expected to reach USD 1.61 billion by 2032, according to a new study by Polaris Market Research. The report “Light Therapy Market Size, Share & Trends Analysis Report, By Product (Lightbox, Floor & Desk Lamp, Light Visor, Dawn Simulator, Light Therapy Bulbs, and Handheld Devices); By Application; By Light Type; By End-use; By Region, And Segment Forecasts, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
Market is experiencing significant growth, driven by a range of factors such as an increasing incidence of skin-related diseases, seasonal affective disorder, and depression, along with rapid technological advancements in healthcare. Light therapy has emerged as a popular approach to treating these conditions, and ability to correct an individual’s circadian rhythm. The market is expected to grow rapidly in the coming years, fueled by rising demand in the healthcare field.
For instance, in June 2022, BioPhotas, partnered with Ulta Beauty to bring its FDA-cleared Celluma PRO and Celluma ELITE models to 55 different Ulta Beauty locations across the country. The Celluma models are designed to treat various skin conditions, including acne, wrinkles, and joint pains. This partnership is expected to provide effective skincare solutions to customers seeking advanced skincare treatments at conveniently located Ulta Beauty stores.
In addition, the growing preference among patients is driving demand for minimally invasive light therapy techniques such as LED therapy and low-level laser therapy. As the light therapy market continues to expand, it is likely that we will see a continued shift towards this procedure among patients seeking effective and convenient treatment options. Overall, the light therapy market presents a unique opportunity for growth and innovation in the healthcare industry, with tremendous potential for addressing a wide range of medical conditions.
Light Therapy Market Report Highlights
Polaris Market Research has segmented the light therapy market report based on product, application, light type, end-use, and region:
Light Therapy, Therapy Product Outlook (Revenue - USD Billion, 2019 - 2032)
Light therapy, Application Outlook (Revenue - USD Billion, 2019 - 2032)
Light therapy, Light Type Outlook (Revenue - USD Billion, 2019 - 2032)
Light Therapy, End-Use Outlook (Revenue - USD Billion, 2019 - 2032)
Light therapy, Regional Outlook (Revenue - USD Billion, 2019 - 2032)