Global Light Therapy Market 2019-2025
発行: Orion Market Research Pvt Ltd
The global light therapy market is projected to grow at a significant growth rate during the forecast period. The market growth is attributed to the growing demand for non-invasive therapeutics procedures and the growing prevalence of physiological and sleep disorders that in turn, increase the demand for light therapies across the globe. Furthermore, the rising number of SAD, psoriasis diseases further creates a demand for light therapy for the treatment of such disorders. There are several diseases that utilize light therapy products such as lamps, lightboxes, light visors, handheld devices, dawn simulators, and others. However, the side effects of UV light therapy is projected to hinder the market growth during the forecast period.
Geographically, the global light therapy market is classified into North America, Europe, Asia-Pacific, and the Rest of the World. North America is anticipated to have a significant market share in the global light therapy market. The factors that are contributing to the growth of the North American light therapy market include the increasing adoption of advanced noninvasive therapies such as light therapies for various diseases and high expenditure on advanced healthcare devices and treatment systems. Moreover, Asia-Pacific is estimated to exhibit considerable growth in the global market during the forecast period. The Asia-Pacific light therapy market growth is attributed to the increasing healthcare expenditure coupled with rising awareness towards advanced treatment options for various physiological disorders and SAD in the region.
The global light therapy market is influenced by product development and advancements conducted by the market players. Some of the key players of the light therapy market include Beurer GmbH, Johnson & Johnson Services, Inc., Koninklijke Philips N.V., Lucimed SA, Lumie, Northern Light Technologies, Inc., Verilux, Inc., Zepter International, and among others. These players are playing a significant role in the growth of the light therapy market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.
The market study of the global light therapy market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary sources include:
The report is intended for medical device companies, light therapy device manufacturers, suppliers, resellers, government organizations, hospitals and clinics, diagnostic centers, cosmetic surgical centers, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for making better business decisions.
The Report covers: