Light Therapy Market is expected to reach USD 1012.1 million in 2024 and USD 1,586.8 million by 2034. In the forecast period, the market is expected to expand at a CAGR of 4.6%. A value of USD 1017.2 million was attributed to the light therapy business in 2023.
Phototherapy, also known as light therapy, plays a therapeutic role in treating mood disorders, sleep disorders, and skin conditions. In recent studies, light therapy has been shown to be effective in treating seasonal affective disorder (SAD), depression, and sleep problems.
New research aims to use light therapy to treat chronic pain, improve cognitive function, and improve athletic performance. The use of wearable technologies and customized light exposure protocols has made light therapy more accessible and therapeutic for more people.
Increasing mental health issues worldwide and increased awareness of its benefits have boosted market demand for light therapy goods and services. In order to treat sleep disorders and mood disorders, such devices may be used as additional or alternative therapies. Spa treatments, fitness plans, and workplace wellness programs integrate light therapy into new revenue streams for wellness and lifestyle businesses.
Increasing demand for phototherapy products is driving the growth of the light therapy market. Researchers and developers are constantly exploring new markets and uses for light therapy equipment, all to make it safer and more effective.
The use of light therapy in complementary and alternative medicine practices also increases the scope of practices and attracts new patients. Light therapy is expanding into various sectors, including workplace wellness, hospitality, and retail.
NASA discovered that light therapy could be used in treating a variety of medical conditions by accident while researching LEDs for growing plants in space. Scientists working in the laboratory under red and blue LED lighting reported faster healing of abrasions on their hands.
A study found that light therapy helped not only with SAD but with major depression and perinatal depression. Researchers have found that light therapy is effective in treating 40-60% of depression patients. Using light therapy in conjunction with medications is thought to have a greater effect on the treatment.
It has been discovered that bright light therapy (BLT) for the treatment of seasonal affective disorder has been optimized over time. BLT is usually carried out in the early hours of the morning using a light box to ensure the best possible results. SAD patients with strict criteria reached symptom remission with light therapy in the majority of studies.
| Attributes | Description |
|---|---|
| Light Therapy Global Industry Size (2024E) | USD 1012.1 million |
| Projected Global Light Therapy Market Value (2034F) | USD 1,586.8 million |
| Value-based CAGR (2024 to 2034) | 4.6% |
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Rising Laser Therapies and Wellness Programs will Drive Demand
Due to the growing number of individuals who are becoming increasingly concerned with their appearance, laser surgery, and other aesthetic treatments are becoming increasingly popular.
As part of home-based medical care and after-treatment care, light therapy devices, such as handheld devices, are widely used. In the era of wearable devices that deliver personalized light therapy, quick and convenient treatment options are becoming increasingly important.
As part of holistic health programs, light treatment is also being incorporated into the programme. Light therapy sessions in spas, fitness facilities, and wellness resorts promote relaxation and well-being. A trend towards improved effectiveness and user experience has been observed with smartphones equipped with sensors and smart lighting treatments.
Light Therapy will Gain Traction with Rising Skin Disorders
Increasing consumer awareness of the therapeutic benefits of light therapy is driving the demand for light therapy market products and services. With consumers becoming more aware of light therapy's advantages, the market is poised to grow significantly.
The use of light therapy has demonstrated promising results in the treatment of a number of skin disorders, including acne, psoriasis, and eczema. As customers seek non-invasive skincare options, light therapy devices have a significant opportunity in the beauty and skincare industries.
Non-invasive light therapies are effective for treating mental disorders, skin disorders, and other medical ailments, which is expected to spur the market for light therapy products. The ongoing technological improvements are expected to stimulate the market for light therapy.
The development of light-based therapies has allowed them to be applied to a wide range of skin disorders and conditions, thus allowing them to be more effective and accessible.
Lack of Skilled Professionals and Availability will Hamper the Growth
The lack of guidelines and policies leads to a potential risk of product quality and treatment modalities being different, thus compromising patient safety. Wearable light treatment devices are becoming increasingly popular, demanding further study of long-term effects and potential risks. Affordability and accessibility remain obstacles to the widespread use of light therapy since the equipment is not always affordable.
Light therapy is not well understood by the general public, which is hindering its expansion. The limited availability of light treatment goods, particularly on the internet, is hindering their use in clinical settings. Due to the lack of qualified specialists to perform the treatments, the market's growth is slowed.
It remains difficult to treat mental health disorders and Parkinson's disease with light therapy due to biochemical, genetic, and environmental influences. In order to address possible side effects of light therapy, such as skin damage, additional research and development are required.
Over the historical period of 2018 to 2023, the global market increased by 4.1%. In 2023, a value of USD 1017.2 million was recorded for the light therapy market. In the past few years, red light therapy has been demonstrated as an effective way to treat a variety of different ailments, including tooth pain and dementia.
Research suggests that people with dementia who receive regular near-infrared light therapy may be able to retain more information, sleep better, and have less rage. In addition, red light therapy has been shown to reduce pain, clicking, and tenderness in the jaw in individuals with temporomandibular dysfunction syndrome (TMD).
Researchers at Massachusetts General Hospital's (MGH) Wellman Center for Photomedicine conducted a groundbreaking study that showed near-infrared low-level light therapy (LLLT) to be safe and effective for patients who had recently experienced moderate brain damage. In the future, trials confirming similar results may lead to light therapy becoming the first widely accepted remedy for such harm.
Technology advancements and a desire to boost effectiveness have resulted in numerous advancements in the field of home lighting.
Innovative minds are constantly experimenting and coming up with new and creative ways to use LED bulbs. Apps for smartphones and speakers with Bluetooth and Wi-Fi connectivity are examples.
Increasing interest in complementary and alternative therapies has led to the popularity of light therapy in the health and wellness industry. The industry is projected to expand at a CAGR of 4.6% over the forecast period.
Principal Consultant
A comprehensive analysis of two other relevant markets has been conducted in the below table. The table includes phototherapy treatments and single-dose radiation services market.
With the growing availability of various treatment options for prostate and breast cancer, single-dose radiation services are becoming increasingly popular. A further positive aspect of the market forecast is the fact that the treatment is able to provide greater comfort to patients than other treatments.
Phototherapy treatments are being used extensively by hospitals in an effort to combat the growing incidence of psoriasis and acne. As blue light therapy becomes more accepted by the market, it is expected to have an impact on the expansion of the market as well.
Single Dose Radiotherapy Services Industry Assessment:
With single dose radiation therapy, malignant cells are precisely targeted while surrounding healthy tissue is protected. Consequently, side effects are reduced. As a result of technological advances and treatment planning, it has become possible to achieve this goal. Medical professionals and cancer patients alike prefer this therapy option for its simplified nature, which is also cost-effective for patients and healthcare institutions.
| Attributes | Description |
|---|---|
| Related Market | Single Dose Radiotherapy Services Market |
| CAGR (2023 to 2033) | 7.3% |
| Growth Factor | The growing geriatric population and rising cancer cases will drive market growth. |
| Opportunity | As more clinical trials are conducted aimed at creating more potent treatment solutions, the market is expected to grow rapidly. |
| Key Trend | The increase in funding for cancer treatment and studies is one of the key trends in the field. |
Phototherapy Treatment Industry Assessment:
With phototherapy, a range of skin problems, including eczema, vitiligo, and psoriasis, can be effectively treated. Healing is promoted, and inflammation, itching, and scaling symptoms are reduced through non-invasive light therapy. In dermatologist clinics or at home, phototherapy lamps offer a convenient and affordable treatment option. Contrary to topical and oral therapies, phototherapy often results in immediate and obvious improvement.
| Attributes | Description |
|---|---|
| Related Market | Phototherapy Treatment Market |
| CAGR (2023 to 2033) | 5.2% |
| Growth Factor | As awareness and demand grow for noninvasive treatments, the market is expected to grow. |
| Opportunity | Blue light therapies and an improved healthcare infrastructure will create a market. |
| Key Trend | Continuous improvements in phototherapy technology have paved the way for more efficient and user-friendly products. |
A country-level forecast for light therapy is provided in the following section. Several key countries around the world are included in the report, including those in North America, Asia Pacific, and Europe.
It is expected that Canada will maintain its lead in North America until 2034 with a CAGR of 2.4%. In the South Asia and Pacific region, India is projected to experience a 4.8% CAGR during the forecast period.
| Countries | CAGR 2024 to 2034 |
|---|---|
| United States | 1.9% |
| Canada | 2.4% |
| Germany | 2.1% |
| United Kingdom | 2.4% |
| Malaysia | 4.1% |
| India | 4.8% |
Mental health concerns are becoming more prevalent, increasing the need for minimal treatment. India uses light therapy for mental health as part of wider efforts to improve access to treatment and mental health awareness.
With the rise in popularity of community-based mental health services in India, light therapy could help bridge the treatment gap and make mental health services more accessible.
Skin diseases, depression, and seasonal affective disorder are driving the market growth. The COVID-19 pandemic has had a positive impact on the global market for light therapy in that clinical studies are being conducted to determine how light therapy assists COVID-19 patients' recovery.
Increasing healthcare spending in emerging markets such as India and online availability of light therapy products are driving the market's expansion.
Light treatment product suppliers are expected to experience substantial growth in the United Kingdom market, particularly for treating seasonal affective disorder (SAD). The National Health Service estimates that one in 15 United Kingdom residents suffer from seasonal affective disorder (SAD) between September and April.
A number of companies on the market are offering an array of light treatment products. As dermatological issues become more prevalent and hygiene awareness increases, the market for light treatments is expected to rise significantly.
United Kingdom-based companies offer red and near-infrared light treatment equipment that is user-friendly and accessible to clients. Red light therapy has gained acceptance and interest in the United Kingdom as people share their experiences using it for treating eczema, arthritis, and chronic pain.
A dramatic expansion of the light treatment market is being seen in the United States and is expected to continue. Light therapy is becoming increasingly popular among those with dermatological conditions and seasonal affective disorders.
Bone injuries, joint discomfort, arthritis, and inflammation can all be treated by red light therapy in the United States. The use of light therapy in orthopedic medicine and pain management is widely accepted as a drug-free, natural treatment.
A variety of skin conditions can be treated, and wounds can be sped up with LED light therapy in the United States. The non-invasive nature and minimal adverse effects of light treatment make it an attractive choice for many medical facilities. Over one million Canadians and Americans receive light treatment for various skin conditions each year, according to the Canadian Dermatology Association.
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This section outlines the top segments in the industry. In terms of product type, the light box segment is expected to have a market share of 43% by 2024. By light type, the white light segment is expected to hold a market share of 62% in 2024.
| Segment | Light box (Product Type) |
|---|---|
| Value Share (2023) | 43% |
Due to the rising frequency of mood disorders and sleep disorders, as well as greater awareness of light therapy's therapeutic benefits, the light box has grown enormously in recent years. Their ability to balance circadian cycles and elevate mood states makes them widely used to treat depression, SAD, and other mood disorders.
Providing light therapy that is practical and efficient, modern light boxes incorporate cutting-edge technology, such as LED light sources. With light boxes becoming lighter and more portable, integrating light therapy into daily routines and schedules has become easier. In addition, integrating smart technology enhances the customization options and user experience.
| Segment | Whitelight (Light Type) |
|---|---|
| Value Share (2023) | 62% |
As technology advances and public awareness of white light therapy grows, the white light market has grown significantly. In addition to treating seasonal affective disorder (SAD), mood issues, and sleeping problems, white light therapy can also help with a number of other ailments. A variety of visible light wavelengths are exposed to the patient in order to simulate natural sunlight.
With advances in LED technology, white light therapy has become more affordable and accessible to consumers, largely due to its robust and energy-efficient properties. With advanced features such as timers and a range of intensity levels, light therapy machines are now more convenient and more effective than ever before.
With more people becoming aware of white light therapy's therapeutic benefits, the market for white light bulbs will grow. In order to meet the needs of the market, researchers and innovators will continuously develop new and improved products.
Light therapy solutions that are customized or personalized can give you a competitive edge. Technological advancements may lead to the development of tailored treatment protocols based on the circadian rhythm, skin type, or condition of a patient.
Businesses that provide light treatment may focus on expanding their distribution networks, collaborating with merchants, or entering new geographic markets. Patients and doctors both benefit from better access to products.
Partnerships with healthcare providers and wellness centers can help companies expand their market reach. Light therapy solutions may be integrated into existing healthcare services through partnerships, collaborations, or joint product development.
Light therapy education and increasing consumer awareness require effective marketing strategies. Social media participation, advertising campaigns, and educational resources may be used by businesses to reach their target audience.
Industry Updates
In February 2024, Koninklijke Philips N.V. unveiled a groundbreaking innovation in healthcare imaging. LumiGuide, a light-based alternative to X-rays, enables doctors to navigate blood vessels without the use of X-rays.
The industry is segregated into light box, floor and desk lamps, light visor, dawn simulator, and light therapy bulbs.
In terms of light type, the industry is classified into white light, red light, and blue light.
In terms of end user, the industry has been classified into dermatology clinics, homecare settings, and others (workplace, salons)
Key countries of North America, Latin America, Western Europe, East Asia, South Asia, Eastern Europe, and the Middle East and Africa are covered.
The industry is expected to experience a CAGR of 4.6% by 2034.
The industry witnessed a CAGR of 4.1% from 2018 to 2023.
In 2034, the industry is anticipated to reach USD 1,586.8 million.
India is expected to register a 4.8% CAGR through 2034.
Koninklijke Philips N.V., Verilux Inc., Northern Light Technology, and Sphere Gadget Technologies.
With a share of 43% in 2023, the light box is expected to lead the market.
1. Executive Summary 2. Industry Introduction, including Taxonomy and Market Definition 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments 4. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034, including Historical Analysis and Future Projections 5. Pricing Analysis 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034 6.1. Product 6.2. Light Type 6.3. End User 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product 7.1. Light Box 7.2. Floor and Desk Lamps 7.3. Light Visor 7.4. Dawn Simulator 7.5. Bulbs 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Light Type 8.1. White Light 8.2. Red Light 8.3. Blue Light 9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End User 9.1. Dermatology Clinics 9.2. Homecare Settings 9.3. Others (Workplace, Salons) 10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 10.1. North America 10.2. Latin America 10.3. Western Europe 10.4. South Asia 10.5. East Asia 10.6. Eastern Europe 10.7. Middle East & Africa 11. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 12. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 13. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 14. South Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 15. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 16. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 17. Middle East & Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Segments and Countries 18. Sales Forecast 2024 to 2034 by Product, Light Type, and End User for 30 Countries 19. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard 20. Company Profile 20.1. Koninklijke Philips N.V. 20.2. Verilux Inc. 20.3. Northern Light Technology 20.4. Sphere Gadget Technologies 20.5. Zepter International 20.6. PhotoMedex Inc. 20.7. Luminette 20.8. Klarstein 20.9. Lumie 20.10. Aura Daylight 20.11. Lifepro Fitness 20.12. STRATA Skin Sciences, Inc. 20.13. Oralucent 20.14. Mito Red Light Inc.
Healthcare
March 2023
REP-GB-16820
February 2024
342 pages
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Light Therapy Market
