DUBLIN--(BUSINESS WIRE)--The "Light Therapy Market - Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
Light therapy involves daily, scheduled exposure to intense levels of artificial light in order to regulate seasonal mood swings, improve sleeping patterns, and produce a general sense of wellbeing. Light therapy causes photo-oxidation; and is, therefore, used as a primary treatment method for neonatal jaundice, eczema, and psoriasis. The light therapy market is segmented into different segments based on light, disease, and geography. The light therapy market is projected to grow at CAGR of 5.1% during the forecast period to reach revenue of $391m by 2023.
Light Therapy is increasingly administered and used as a non-pharmacological treatment for a variety of health related problems such as skin problems, obesity, seasonal affective disorder, depression as well as sleep-related and behavioral problems. Fluorescent lamps accounted for 51% of the total market share with respect to sources of light, while LED lights are projected to grow at a CAGR of 6.0% during the forecast period. When regard to diseases, Seasonal Affective Disorder (SAD) contributes to about 21% share of the light therapy market.
The global light therapy market is largely driven by the increased incidences of skin diseases and the growing adoption of therapy. The availability of products through online platforms and growing awareness among end-users about the use of light therapy products to prevent SAD are driving the growth of the global light therapy market. Higher healthcare spending in emerging countries such as China and India are also driving the growth of the light therapy market.
Lack of awareness about light therapy and low funds investment by companies in the research field is the key factors restraining the growth of the light therapy market. Some consumers do not opt for light therapy due to the side effects, which is thus hindering market growth.
Key Topics Covered:
1. Light Therapy Market - Market Overview
2. Light Therapy Market - Executive summary
2.1. Market Revenue, Market Size and Key Trends by Company
3. Light Therapy Market - Comparative Analysis
3.1. Comparative analysis
3.1.1. Product Benchmarking
3.1.2. Top 5 Financials Analysis
3.1.3. Patent Analysis
3.1.4. Pricing Analysis
4. Light Therapy Market - Market Forces
4.1. Drivers
4.2. Constraints & Challenges
4.3. Porters five force model
4.3.1. Bargaining power of suppliers
4.3.2. Bargaining powers of customers
4.3.3. Threat of new entrants
4.3.4. Rivalry among existing players
4.3.5. Threat of substitutes
5. Light Therapy Market - Strategic Analysis
5.1. Value chain analysis
5.2. Opportunities analysis
5.3. Product life cycle
5.4. Suppliers and distributors Market Share
6. Light Therapy Market - By Source of Light (Market Size - $Million/$Billion)
6.1. Market Size and Market Share Analysis
6.2. Source of Light Segment Analysis
6.2.1. L.E.D
6.2.2. Fluorescent Lamps
6.2.3. Polychromatic Polarisedor
6.2.4. Others
7. Light Therapy Market - By Disease (Market Size - $Million/$Billion)
7.1. Psoriasis
7.2. Cancer
7.3. Acne
7.4. Seasonal Affective Disorder
7.5. Neonatal Jaundice
8. Light Therapy Market - By Geography (Market Size - $Million/$Billion)
8.1. Light Therapy Market - North America Segment Research
8.2. North America Market Research ($Million/$Billion)
8.3. Light Therapy Market - Europe Segment Research
8.4. Europe Market Research (Market Size -$Million / $Billion)
8.5. Light Therapy Market - APAC Segment Research
8.6. APAC Market Research (Market Size - $Million/$Billion)
8.7. Light Therapy Market - ROW Segment Research
9. Light Therapy Market - Market Entropy
9.1. New Product Launches
9.2. M&As, Collaborations, JVs, and Partnerships
10. Light Therapy Market - Company Analysis
10.1. Northern Light Technologies
10.2. Verilux
10.3. Philips
10.4. Photo Medex
10.5. Zepter
10.6. Bewer
10.7. Nature Bright
10.8. Carex
10.9. Lucimed S.A
10.10. Lumie
10.11. Aura Daylight
11. Light Therapy Market - Appendix
11.1. Abbreviations
11.2. Sources
12. Light Therapy Market - Research Methodology
For more information about this report visit https://www.researchandmarkets.com/r/m2i077
