Market Forecast
Registering a CAGR of 5.1%, the Global Light Therapy Market is expected to reach USD 1,112.16 Million in by 2025.
The increasing patient preference for non-invasive procedures is driving the growth of this market. Various medical facilities are now preferring to use non-invasive light therapies or phototherapies. This can be attributed to the advantages of non-invasive light therapy, such as reduced pain and better patient outcomes.
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Numerous established players dominate the market. The key players are involved in product launches and strategic collaborations to strengthen their market positions. For instance, in April 2019, Philips launched VitalMinds a key technology in the personalized light therapy system, that improves sleep quality in critical care patients.
Market Influencers
The rising prevalence of dermatological disorders and psychological conditions such as SAD (Seasonal Affective Disorder). The key players operating in the global light therapy market are focusing on strategic initiatives, mergers & acquisitions, partnerships, agreements, product launches, government approvals, and expansion of manufacturing facilities.
Regional Analysis
On a regional basis, the Americas is anticipated to dominate the global light therapy market owing to the rising demand for non-invasive procedures and rising prevalence of dermatological disorders in the region. For instance, about 1.9 percent of African Americans have psoriasis. Moreover, extensive research & development activities conducted by major key players operating in the market will boost market growth. For instance, in January 2018, BioPhotas launched Cellulma home, a model in the Cellulma series of light therapy products for the treatment of joint pain and arthritis. Europe is expected to hold the second-largest position in the global light therapy market owing to the rising public awareness about the benefits of light therapy devices.
Segmentation
The global light therapy market has been segmented into product, application, light type, and end user.
By product, the market has been segmented into light box, floor and desk lamps, light visor, handheld devices for skin treatment (HDST), dawn simulator, light therapy bulbs, and others.
By application, the market has been segmented into psoriasis, vitiligo, eczema, acne vulgaris, seasonal affective disorder (SAD), and others. The psoriasis segment is estimated to hold significant market share in the market due to the increasing prevalence of psoriasis and demand for novel therapeutics.
On the basis of light type, the global light therapy market has been segmented into blue light, red light, white light, and others.
The global light therapy market, by end user, has been segmented into home care settings, dermatology clinics, and others.
Key Players
Northern Light Technology (Canada)
Chal-Tec GmbH (Germany)
Beurer (Germany)
BioPhotas (US)
Lucimed SA (Belgium)
Verilux (US)
Koninklijke Philips (Netherlands)
Nature Bright (Taiwan)
Zepter International (Switzerland)
Lumie (UK)
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Market ForecastRegistering a CAGR of 5.1%, the Global Light Therapy Market is expected to reach USD 1,112.16 Million in by 2025.
Various medical facilities are now preferring to use non-invasive light therapies or phototherapies.
This can be attributed to the advantages of non-invasive light therapy, such as reduced pain and better patient outcomes.Numerous established players dominate the market.
For instance, in April 2019, Philips launched VitalMinds a key technology in the personalized light therapy system, that improves sleep quality in critical care patients.Request Sample Copy:https://www.marketresearchfuture.com/sample_request/8366Market InfluencersThe rising prevalence of dermatological disorders and psychological conditions such as SAD (Seasonal Affective Disorder).
The key players operating in the global light therapy market are focusing on strategic initiatives, mergers & acquisitions, partnerships, agreements, product launches, government approvals, and expansion of manufacturing facilities.Regional AnalysisOn a regional basis, the Americas is anticipated to dominate the global light therapy market owing to the rising demand for non-invasive procedures and rising prevalence of dermatological disorders in the region.
For instance, in January 2018, BioPhotas launched Cellulma home, a model in the Cellulma series of light therapy products for the treatment of joint pain and arthritis.
Market Highlights:Global Light Therapy Market Research Report: By Product (Light Box, Floor and Desk Lamps, Light Visor, HDST, Others), By Application (Psoriasis, Vitiligo, Eczema, Acne Vulgaris, Others), By Light Type (Blue Light, Red Light, White Light, Others) and By End-User (Homecare Settings, Dermatology Clinics, Others) – Forecast to 2025Registering a CAGR of 5.1%, the Global Light Therapy Market is expected to reach USD 1,112.16 Million in by 2025.The increasing patient preference for non-invasive procedures is driving the growth of this market.
Various medical facilities are now preferring to use non-invasive light therapies or phototherapies.
This can be attributed to the advantages of non-invasive light therapy, such as reduced pain and better patient outcomes.Numerous established players dominate the market.
For instance, in April 2019, Philips launched VitalMinds a key technology in the personalized light therapy system, that improves sleep quality in critical care patients.Key Players:Northern Light Technology (Canada)Chal-Tec GmbH (Germany)Beurer (Germany)BioPhotas (US)Lucimed SA (Belgium)Verilux (US)Koninklijke Philips (Netherlands)Nature Bright (Taiwan)Zepter International (Switzerland)Lumie (UK)Request Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/8366 Segmentation:The global light therapy market has been segmented into product, application, light type, and end user.By product, the market has been segmented into light box, floor and desk lamps, light visor, handheld devices for skin treatment (HDST), dawn simulator, light therapy bulbs, and others.By application, the market has been segmented into psoriasis, vitiligo, eczema, acne vulgaris, seasonal affective disorder (SAD), and others.
The psoriasis segment is estimated to hold significant market share in the market due to the increasing prevalence of psoriasis and demand for novel therapeutics.
For instance, about 1.9 percent of African Americans have psoriasis.
Due to various disorders and conditions such as seasonal affective disorder (SAD), blue light therapy has witnessed a significant demand globally.
This has compelled various manufacturers to cater to such growing demands.
The global light therapy market is expected to register at 4.8% over the forecast period, 2026.Market Dynamics: Attributed to various advantages such as increased blood circulation and cellular regeneration, acne treatment using LED light is gaining traction.
Moreover, treatment through LED light treatment offers the benefits of red and blue light therapy over conventional light therapy.
Such factors are driving growth of the light therapy market globally over the following decade.Request For Report Sample: https://www.researchreportinsights.com/report/sample/110114802/Light-Therapy-MarketGlobal Light Therapy Market to Grow at 4.8% CAGR throughout 2026Segmentation Analysis: The light box segment among various among other products accounts for relatively high market share and will grow at 4.3% CAGR in the span of next ten years.
Whereas, the homecare settings segment among various end users accounts for relatively high market share and will grow at a relatively high CAGR of 5.1% over the following decade.
Healthcare Supply Chain Management Market:WiseGuyReports.com adds “Healthcare Supply Chain Management Global Market Report 2020-26” reports to its database.Executive SummaryGlobal Healthcare Supply Chain Management Market is valued approximately USD 1.8 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.5% over the forecast period 2020-2026.
Today, the health care industry is beneath an immense pressure to provide high-quality care, as patients are increasingly demanding better medical facilities and services from patients around the world.
Thus, healthcare organization and medical facilities are strictly following supply chain management practices.
Healthcare supply chain management is concerned with the regulation of the flow of medical good & services from manufacturer to patients.
Increasing pressure faced by healthcare providers to improve operational efficiency and profitability, implementation of the unique device identification (UDI) initiative by the FDA and rise in demand of medical devices are the few factors responsible for high CAGR of the market over the forecast period.
However, high costs related to maintenance and implementation of healthcare supply chain management solutions is one of the prime factors expected to restrain the growth of the market over the forecast period of 2020-2026.Request Free Sample Report @ https://www.wiseguyreports.com/sample-request/5387179-global-healthcare-supply-chain-management-market-size-study The regional analysis of global Healthcare Supply Chain Management market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World.
