The Light Therapy Market is expected to grow at a CAGR of 5.2 percent from US$ 2 billion in 2020 to US$ 2.71 billion in 2027.
Light Therapy Market Overview:
Light Therapy market Price trend analysis of target brands, market knowledge for other countries (ask for a list), clinical trial findings in data, literature research, refurbished market and product base analysis, and other services may be included in the study.
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By way of example, The lightbox segment earned over USD 210 million in sales in 2020 as a result of its expanding popularity and adoption. A light therapy box can effectively cure seasonal affective disorder. Light treatment market demand is boosted by qualities such as low cost, safety, and style. Lightboxes are used to treat seasonal affective disorder by emitting light that mimics natural outside light. To acquire artificial outdoor daylight, the patient must sit or work near the light box during light treatment. As a result, light therapy boxes are used to treat a wide range of mental diseases, such as depression, insomnia, and other mental illnesses. In addition, light treatment has been recommended for some COVID-19 patients.
The blue light segment of the light therapy market is estimated to increase at a CAGR of 5.6 percent during the forecast period. Because there is a growing need for non-invasive acne treatments that use light to kill germs on the skin, the market is growing. In addition, as the use of blue light in a variety of therapeutic applications develops, so will the use of blue light therapy. The demand for blue light increased dramatically during the COVID-19 outbreak. According to the experts, blue light can act as an antibiotic against a wide range of bacteria. It renders several viruses dormant, including coronavirus and the common flu virus.
Aura Daylight, Beurre, Bio Photas, ChalTec, Koninklijke Philips, Lumie, Northern Light Technology, Nature Bright, Neutrogena, Photo medex, Sphere Gadget Technologies, Verilux, Zepter International, Johnson & Johnson Services, Inc., Philips, Zepter, Bewer, Lucimed S.A, Carex,
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The market’s competitive landscape Light Therapy contains information provided by the rival. The following topics are covered: the business overview, financials, revenue generated, market potential, R&D investment, new market efforts, global presence, production sites and facilities, production capacity, corporate strengths. The data points given above are exclusively connected to the firms’ focus on the Light Therapy industry.
COVID-19 Impact Analysis on Light Therapy Market:
This research looked at the total global impact of COVID-19 on the Light Therapy business. The report evaluates the Light Therapy market’s options, challenging conditions, and bleak prospects during current crisis. The study briefly explores the COVID-19’s benefits and limits in terms of funding and market expansion. The research also includes a collection of concepts that should help readers design and plan business strategy.
In majority of the countries surveyed, public health has improved, particularly as COVID-19 immunization campaigns have made significant headway. Supply-chain constraints and rising inflation are the two most pressing economic issues. Fortunately, reports forecasted that these problems will be temporary.
Key Questions Answered in the Light Therapy Market Report are:
Which are the key players in the Light Therapy market? Which key trends are likely to emerge in the Light Therapy market in the forecast period? What will be the Light Therapy market size by 2027? Which company had the biggest share in the Light Therapy market in 2020?
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