The latest update of “Global Light Therapy Devices Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Light Therapy Devices Market.
Overview of the Light Therapy Devices Market:
Light therapy devices utilize a unique approach that mixes red and infrared light beams in a manner that stimulates healthy cell regeneration and overall healing within the body. It promotes cellular rejuvenation and overall healing over large, drawn-out treatment fields, and is easily used by itself or in combination with a Clearlight sauna, an MP3 music player, and a comfortable chair. The Sauna can be controlled via a handheld control, and is similar in appearance to a steam shower. It can also be used at home or in a sauna room, and like the tower stand, it can be controlled through a handle.
Drivers
Growing prevalence of dermatological disorders in parallel to the rising demand for personal care products is expected to foster growth of the global light therapy devices market during the forecast period. Furthermore, shifting consumer preferences towards non-invasive procedures for treatment of skin cancer and other skin problems are expected to supplement growth of the global light therapy devices market over the forecast period. For instance, in October 2020, the World Health Organization (WHO) reported that there are around 3 million cases of skin cancer globally, with an additional 132,000 fresh cases reported every year.
Restraints
Higher costs associated with light therapy and its equipment coupled with the lack of awareness over skin health in developing countries are expected to limit the growth of the global light therapy devices market.
Regional Analysis
In the territorial breakdown, North America is foreseen to reign supreme in the global light therapy devices market on the heels of growing dermatological diseases and an increasing number of non-invasive therapies.
Besides, Asia Pacific is another region of interest for the global light therapy devices market on account of increasing awareness over personal care and rising disposable incomes in the urban space.
Competitive Landscape
- Major companies contributing to the global light therapy devices market include Syneron Medical, Foreo Espada, Conair, Johnson & Johnson, Lumenis, LightStim, TRIA Beauty, Pulsaderm, LED Technologies Inc., BeautyBio GloPRO, and Rika Beauty.
- In October 2021, BioLight filed a patent at the U.S. Patent and Trademark Office for its advanced red light therapy devices, which aim to provide home-based personal care solutions.
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Light Therapy Devices Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Light Therapy Devices Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Lumenis
- TRIA Beauty
- Johnson & Johnson (Neutrogena)
- Conair
- Foreo Espada
- Syneron Medical
- Rika Beauty
- BeautyBio GloPRO
- LED Technologies Inc (reVive Light Therapy)
- Pulsaderm
- LightStim
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Light Therapy Devices Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Blue Light Therapy Devices
- Red Light Therapy Devices
By Applications, the market is segmented into:
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Light Therapy Devices Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Light Therapy Devices Market Share by Application: 2021 VS 2028
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Light Therapy Devices Market
1.6.1 How the Covid-19 is Affecting the Light Therapy Devices Market
1.6.1.1 Light Therapy Devices Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Light Therapy Devices Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Light Therapy Devices Market Perspective (2015-2028)
2.2 Light Therapy Devices Market Growth Trends by Regions
2.2.1 Light Therapy Devices Market Size by Regions: 2015 VS 2021 VS 2028
2.2.2 Light Therapy Devices Market Historic Market Share by Regions (2015-2021)
2.2.3 Light Therapy Devices Market Forecasted Market Size by Regions (2021-2028)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Light Therapy Devices Market Growth Strategy
2.3.6 Primary Interviews with Key Light Therapy Devices Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Light Therapy Devices Market Players by Market Size
3.1.1 Global Top Light Therapy Devices Market Players by Revenue (2015-2021)
3.1.2 Global Light Therapy Devices Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Light Therapy Devices Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Light Therapy Devices Market Concentration Ratio
3.2.1 Global Light Therapy Devices Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Light Therapy Devices Market Revenue in 2019
3.3 Light Therapy Devices Market Key Players Head office and Area Served
3.4 Key Players Light Therapy Devices Market Product Solution and Service
3.5 Date of entering into Light Therapy Devices Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2028)
4.1 Global Light Therapy Devices Market Historic Market Size by Type (2015-2021)
4.2 Global Light Therapy Devices Market Forecasted Market Size by Type (2021-2028)
5 Light Therapy Devices Market Breakdown Data by Application (2015-2028)
5.1 Global Light Therapy Devices Market Size by Application (2015-2021)
5.2 Global Light Therapy Devices Market Forecasted Market Size by Application (2021-2028)
6 North America
6.1 North America Light Therapy Devices Market Size (2015-2021)
6.2 Light Therapy Devices Market Key Players in North America (2019-2021)
6.3 North America Light Therapy Devices Market Size by Type (2015-2021)
6.4 North America Light Therapy Devices Market Size by Application (2015-2021)
7 Europe
7.1 Europe Light Therapy Devices Market Size (2015-2021)
7.2 Light Therapy Devices Market Key Players in Europe (2019-2021)
7.3 Europe Light Therapy Devices Market Size by Type (2015-2021)
7.4 Europe Light Therapy Devices Market Size by Application (2015-2021)
8 China
8.1 China Light Therapy Devices Market Size (2015-2021)
8.2 Light Therapy Devices Market Key Players in China (2019-2021)
8.3 China Light Therapy Devices Market Size by Type (2015-2021)
8.4 China Light Therapy Devices Market Size by Application (2015-2021)
9 Japan
9.1 Japan Light Therapy Devices Market Size (2015-2021)
9.2 Light Therapy Devices Market Key Players in Japan (2019-2021)
9.3 Japan Light Therapy Devices Market Size by Type (2015-2021)
9.4 Japan Light Therapy Devices Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Light Therapy Devices Market Size (2015-2021)
10.2 Light Therapy Devices Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Light Therapy Devices Market Size by Type (2015-2021)
10.4 Southeast Asia Light Therapy Devices Market Size by Application (2015-2021)
11 India
11.1 India Light Therapy Devices Market Size (2015-2021)
11.2 Light Therapy Devices Market Key Players in India (2019-2021)
11.3 India Light Therapy Devices Market Size by Type (2015-2021)
11.4 India Light Therapy Devices Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Light Therapy Devices Market Size (2015-2021)
12.2 Light Therapy Devices Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Light Therapy Devices Market Size by Type (2015-2021)
12.4 Central & South America Light Therapy Devices Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Light Therapy Devices Market Introduction
13.4 Light Therapy Devices Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Light Therapy Devices Market Key Market Segments
Table 2. Key Players Covered: Ranking by Light Therapy Devices Market Revenue
Table 3. Ranking of Global Top Light Therapy Devices Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Light Therapy Devices Market Size Growth Rate by Type (US$ Million): 2021 VS 2028
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Light Therapy Devices Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Light Therapy Devices Market Players to Combat Covid-19 Impact
Table 10. Global Light Therapy Devices Market Size Growth by Application (US$ Million): 2021 VS 2028
Table 11. Global Light Therapy Devices Market Size by Regions (US$ Million): 2021 VS 2028
Table 12. Global Light Therapy Devices Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Light Therapy Devices Market Share by Regions (2015-2021)
Table 14. Global Light Therapy Devices Market Forecasted Market Size by Regions (2021-2028) (US$ Million)
Table 15. Global Light Therapy Devices Market Share by Regions (2021-2028)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Light Therapy Devices Market Growth Strategy
Table 20. Main Points Interviewed from Key Light Therapy Devices Market Players
Table 21. Global Light Therapy Devices Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Light Therapy Devices Market Share by Players (2015-2021)
Table 23. Global Top Light Therapy Devices Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Light Therapy Devices Market as of 2019)
Table 24. Global Light Therapy Devices Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Light Therapy Devices Market Product Solution and Service
Table 27. Date of entering into Light Therapy Devices Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Light Therapy Devices Market Size by Type (2015-2021) (Million US$)
Table 30. Global Light Therapy Devices Market Size Share by Type (2015-2021)
Table 31. Global Light Therapy Devices Market Revenue Market Share by Type (2021-2028)
Table 31. Global Light Therapy Devices Market Size Share by Application (2015-2021)
Table 33. Global Light Therapy Devices Market Size by Application (2015-2021) (Million US$)
Table 34. Global Light Therapy Devices Market Size Share by Application (2021-2028)
Table 35. North America Key Players Light Therapy Devices Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Light Therapy Devices Market Share (2019-2021)
Table 37. North America Light Therapy Devices Market Size by Type (2015-2021) (Million US$)
Table 38. North America Light Therapy Devices Market Share by Type (2015-2021)
Table 39. North America Light Therapy Devices Market Size by Application (2015-2021) (Million US$)
Table 40. North America Light Therapy Devices Market Share by Application (2015-2021)
Table 41. Europe Key Players Light Therapy Devices Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Light Therapy Devices Market Share (2019-2021)
Table 43. Europe Light Therapy Devices Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Light Therapy Devices Market Share by Type (2015-2021)
Table 45. Europe Light Therapy Devices Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Light Therapy Devices Market Share by Application (2015-2021)
Table 47. China Key Players Light Therapy Devices Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Light Therapy Devices Market Share (2019-2021)
Table 49. China Light Therapy Devices Market Size by Type (2015-2021) (Million US$)
Table 50. China Light Therapy Devices Market Share by Type (2015-2021)
Table 51. China Light Therapy Devices Market Size by Application (2015-2021) (Million US$)
Table 52. China Light Therapy Devices Market Share by Application (2015-2021)
Table 53. Japan Key Players Light Therapy Devices Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Light Therapy Devices Market Share (2019-2021)
Table 55. Japan Light Therapy Devices Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Light Therapy Devices Market Share by Type (2015-2021)
Table 57. Japan Light Therapy Devices Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Light Therapy Devices Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Light Therapy Devices Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Light Therapy Devices Market Share (2019-2021)
Table 61. Southeast Asia Light Therapy Devices Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Light Therapy Devices Market Share by Type (2015-2021)
Table 63. Southeast Asia Light Therapy Devices Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Light Therapy Devices Market Share by Application (2015-2021)
Table 65. India Key Players Light Therapy Devices Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Light Therapy Devices Market Share (2019-2021)
Table 67. India Light Therapy Devices Market Size by Type (2015-2021) (Million US$)
Table 68. India Light Therapy Devices Market Share by Type (2015-2021)
Table 69. India Light Therapy Devices Market Size by Application (2015-2021) (Million US$)
Table 70. India Light Therapy Devices Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Light Therapy Devices Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Light Therapy Devices Market Share (2019-2021)
Table 73. Central & South America Light Therapy Devices Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Light Therapy Devices Market Share by Type (2015-2021)
Table 75. Central & South America Light Therapy Devices Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Light Therapy Devices Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Light Therapy Devices Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Light Therapy Devices Market Share by Type: 2021 VS 2028
Figure 2. Global Light Therapy Devices Market Share by Application: 2021 VS 2028
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Light Therapy Devices Market Report Years Considered
Figure 8. Global Light Therapy Devices Market Size YoY Growth 2015-2028 (US$ Million)
Figure 9. Global Light Therapy Devices Market Share by Regions: 2021 VS 2028
Figure 10. Global Light Therapy Devices Market Share by Regions (2021-2028)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Light Therapy Devices Market Share by Players in 2019
Figure 13. Global Top Light Therapy Devices Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Light Therapy Devices Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Light Therapy Devices Market Revenue in 2019
Figure 15. North America Light Therapy Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Light Therapy Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Light Therapy Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Light Therapy Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Light Therapy Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Light Therapy Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Light Therapy Devices Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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