Visible Light Therapy Market, By Product (Light Box, Floor & Desk Lamps, Light Visor, Handheld Devices For Skin Treatment [HDST], Simulator, and Light Therapy), By Light Type (Blue, Red, and White), By Application (Psoriasis, Vitiligo, Eczema, Acne vulgaris, Winter Blues, Sleeping Disorders, and Seasonal Affective Disorder [SAD]), By End-user (Home Care Settings and Dermatology Clinics), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI384120 | Publish Date: February 2024 | No. of Pages: 187

Global Visible Light Therapy Market Overview

Visible Light Therapy Market was valued at US$ 997 Million in 2024 and is projected to grow at a CAGR of 6.5% to reach US$ 1774.3 million by 2034.

Visible light therapy consists of exposure to specific wavelengths of light or daylight using lasers, polychromatic polarized light, fluorescent lamps, light-emitting diodes, dichroic lamps or very bright, full-spectrum light. The light is directed for a specific amount of time and, in some cases, at a specific time of day. One common use of the term is related to the treatment of skin disorders, chiefly acne vulgaris, psoriasis, neonatal jaundice and eczema. Light therapy which attacks the retina of the eyes is used to treat diabetic retinopathy. It also is used to treat circadian rhythm disorders such as delayed sleep phase disorder and can also be used to treat the seasonal affective disorder, with some support for its use also with non-seasonal psychiatric disorders.

Drivers and Restraints:

Growing patient preference towards non-invasive procedures globally is the major driving factor for the growth of the global visible light therapy market. Also, numerous medical facilities now prefer non-invasive light therapies due to its advantages including lowering pain and better patient care. Moreover, red light therapy is widely used to treat arthritis, inflammation, joint pain and bone injuries. This therapy is a natural drug-free treatment involving minimum side effects and risks that has wide applications in orthopedic conditions. Furthermore, various clinical trials for light therapy have gained success in improving various health conditions with reduced hospital stays. Above-mentioned factors are projected to boost the growth of the global visible light therapy market. However, lack of awareness in underdeveloped economies may hamper light therapy market growth over the forecast period.

Segmentation:

The global visible light therapy market is segmented based on the product, light type, application, end-user, and region.

Based on product, the global visible light therapy market is segmented into the lightbox, floor & desk lamps, light visor, handheld devices for skin treatment [HDST], simulator, and light therapy. Based on light type, the target market is segmented into blue, red, and white. Blue light type segment estimates to dominate the global market in terms of revenue share in 2018. The wide adoption of blue light in the treatment of numerous medical conditions and disorders such as seasonal affective disorder (SAD), acne vulgaris, and others is projected to boost the segmental growth shortly. Based on the application, the target market is segmented into psoriasis, vitiligo, eczema, acne vulgaris, winter blues, sleeping disorders, and seasonal affective disorder [SAD]. Based on end-user, the global market is classified into home care settings and dermatology clinics. In 2018, home care settings segment accounted for the highest revenue and will exhibit a similar trend over the forecast period.

Based on the region the global visible light therapy market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In 2018, North America visible light therapy market accounted for around maximum revenue share and is estimated to witness significant growth over the forecast period. Advancement in healthcare technological for efficient patient care is the key factor propelling visible light therapy regional market growth. Increasing prevalence of dermatological diseases in the region coupled with rising demand for non-invasiveness treatment will augment the North America light therapy industry growth.

Key Players:                                                                                                  

The key players operating the global visible light therapy market involves Kumgang advance Co., Ltd., Aura Daylight, Beurer, BioPhotas, Chal-Tec, Koninklijke Philips, Lucimed, Lumie, Northern Light Technology, Nature Bright, and Neutrogena. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market.

Detailed Segmentation:

Visible Light Therapy Market, By Product:

  • LightBox
  • Floor & Desk Lamps
  • Light Visor
  • Handheld Devices For Skin Treatment [HDST]
  • Simulator
  • Light Therapy

Visible Light Therapy Market, By Light Type:

  • Blue
  • Red
  • White

Visible Light Therapy Market, By Application:

  • Psoriasis
  • Vitiligo
  • Eczema
  • Acne vulgaris
  • Winter Blues
  • Sleeping Disorders
  • Seasonal Affective Disorder [SAD]

Visible Light Therapy Market, By End-user:

  • Home Care Settings
  • Dermatology Clinics

Global Visible Light Therapy Market, By Region:

      • North America
        • North America Visible Light Therapy Market, By Product
        • North America Visible Light Therapy Market, By Light Type
        • North America Visible Light Therapy Market, By Application
        • North America Visible Light Therapy Market, By End-user
        • North America Visible Light Therapy Market, By Country
          • The U.S.
          • Canada
      • Europe
        • Europe Visible Light Therapy Market, By Product
        • Europe Visible Light Therapy Market, By Light Type
        • Europe Visible Light Therapy Market, By Application
        • Europe Visible Light Therapy Market, By End-user
        • Europe Visible Light Therapy Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Visible Light Therapy Market, By Product
        • Asia Pacific Visible Light Therapy Market, By Light Type
        • Asia Pacific Visible Light Therapy Market, By Application
        • Asia Pacific Visible Light Therapy Market, By End-user
        • Asia Pacific Visible Light Therapy Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific                                                                                                                                                                                                                                                                                                                                                                                                                                                    
      • Latin America
        • Latin America Visible Light Therapy Market, By Product
        • Latin America Visible Light Therapy Market, By Light Type
        • Latin America Visible Light Therapy Market, By Application
        • Latin America Visible Light Therapy Market, By End-user
        • Latin America Visible Light Therapy Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Visible Light Therapy Market, By Product
        • Middle East & Africa Visible Light Therapy Market, By Light Type
        • Middle East & Africa Visible Light Therapy Market, By Application
        • Middle East & Africa Visible Light Therapy Market, By End-user
        • Middle East & Africa Visible Light Therapy Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Company Profile:

      • Kumgang advance Co., Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Performance
  • Aura Daylight
  • Beurer
  • BioPhotas
  • Chal-Tec
  • Koninklijke Philips
  • Lucimed
  • Lumie
  • Northern Light Technology
  • Nature Bright
  • Neutrogena

 “*” marked represents similar segmentation in other categories in the respective section

Key Issues Addressed

  • What is the total revenue potential of the global visible light therapy market? How that market is expected to grow during the study period?
  • What are the major growth opportunities in the visible light therapy market?
  • Which companies are the major players in the global visible light therapy market?

FAQs

The Visible Light Therapy Market is segmented into Type, Application, and Region.

Emerging trends include the use of visible light therapy for various skin conditions, the development of portable and at-home light therapy devices, and research on the potential benefits of visible light in non-dermatological applications, presenting significant opportunities in the global Visible Light Therapy Market.

Factors driving the market include the increasing prevalence of skin disorders, the demand for non-invasive and drug-free treatment options, advancements in light therapy technologies, and the growing awareness of the benefits of visible light in dermatology and beyond.

The report covers regions worldwide. North America is expected to dominate the Visible Light Therapy Market, driven by a high prevalence of skin conditions, a well-established healthcare infrastructure, and a growing focus on aesthetic and dermatological treatments in the region. Other influential regions include Europe and Asia-Pacific.

Aura Daylight, Beurer, BioPhotas, Chal-Tec, Koninklijke Philips, Lucimed, Lumie, Northern Light Technology, Nature Bright, Neutrogena,