The report highlights the current impact of COVID-19 on the Light Therapy Market along with the latest economic scenario and changing dynamics of the market. It analyzes the impact of the pandemic on market growth and remuneration. The pandemic has changed the economic scenario of the world and has affected several sectors of the market. The report estimates the market for Light Therapy Market according to the impact of COVID-19.
The global light therapy market size was USD 1.10 Billion in 2021 and is expected to register a revenue CAGR of 5.1% during the forecast period, according to the latest analysis by Emergen Research. Technological advancements in light therapy and launch of innovative products, such as handheld light therapy devices, are factors projected to support market revenue growth between 2021 and 2030. For example, Body Balance System, a Las Vegas-based company makes zero-gravity beds filled with small red lights or diodes due to its health and skin benefits such as fat loss, pain relief, muscle recovery after a workout, and others. In addition, researchers in Brazil have been studying about effects of low-level laser therapy on thyroid gland and found that patients who received therapy were able to reduce their levothyroxine dose, while 47% were able to discontinue levothyroxine and have normal thyroid function during the nine-month follow-up.
Emergen Research’s latest document, titled ‘Light Therapy Market – Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the Light Therapy Market . The report’s authors have offered necessary details on the latest Light Therapy Market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Light Therapy Market industry entails useful insights into the estimatedLight Therapy Market size, revenue share, and sales & distribution networks.
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The leading companies operating in the Light Therapy Market are: Walmart Inc.
BioPhotas, Inc., a California-based therapeutic LED Light Therapy device manufacturing company launched all-in-one Celluma RESTORE. This is the first LED device that is cleared by FDA for Over-The-Counter (OTC) use to treat hair loss, aging skin, and general pain conditions.
The market in Asia Pacific is expected to register steady growth over the forecast period. Latest technologies, such as AR, VR, AI, and the IoT, can easily be integrated into the retail business to improve inventory management, store operations, and the shopping experience of customers. These technologies can also be used by traditional brick-and-mortar shops to attract more customers to their stores, boost customer retention, and strengthen their position against internet retailers. For example, at certain Chinese retail businesses, AR-enabled mirrors are already being used in fitting rooms so that customers can try on different outfits and styles by standing in front of them.
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Emergen Research has segmented the global light therapy market based on product, light type, application, end-use, and region:
· Product Outlook (Revenue, USD Billion; 2019–2030)
- Light Visor
- Light Box
- Floor and Desk Lamp
- Dawn Simulator
- Bulbs
- Handheld Skin Treatment Devices (HSTDs)
- Others
· Light Type Outlook (Revenue, USD Billion; 2019–2030)
- Blue
- White
- Red
- Others
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Questions addressed in the report:
- What is the estimated market growth rate throughout the forecast period?
- Which end-use industry is expected to witness the highest demand for Light Therapy Market in the near future?
- What is the regulatory framework governing the application of Light Therapy Market in the food industry?
- Which manufacturing processes are utilized for the production of Light Therapy Market ?
Light Therapy Market Report – Table of contents:
- Chapter 1 includes the Light Therapy Market introduction, followed by an overview of the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 offers an exhaustive study of the key manufacturers ofLight Therapy Market industry, along with their anticipated sales and revenue shares.
- Chapter 3 elaborates on the competitive outlook of the Non Thermal Pasteurization Market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 entails a broad market segmentation based on region and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapters 5, 6, 7, 8, and 9 continue with market segmentation based on product type, application range, and market players.
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