The latest study on the Light Therapy Market industry includes a detailed analysis of the future trends and demands for the forecast period, 2020 - 2030 . The report is furnished with the latest scenario and growth outlook of the market with regard to the impact of the pandemic.The report considers 2017-2018 as historical years, 2019 as the base year, and 2020- 2030 as the forecast timeline. The report offers strategic recommendations to the key stakeholders and investors to help them ascertain maximum returns on their investments and formulate new strategic business plans.
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.
The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment. It also studies the supply chain disruptions and economic volatility induced by the pandemic and offers a current and future assessment of the impact of the pandemic on the global and regional Light Therapy Market .
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Some major players in the market include Koninklijke Philips N.V., Chal-Tec GmbH, Alexion Pharmaceuticals, Inc., Lucimed, Soligenix, Lumos, Gleam, Northern Light Technologies, Zepter International, SPHERE Technology Solutions, Photomedex.com, Lumie, and Joovv, Inc.
Elucidating the competitive landscape of the Global Light Therapy Market :
- The global Light Therapy Market report offers viable insights into the competitive spectrum of the Light Therapy Market business sphere.
- The report systematically profiles the company information of each market player.
- It identifies the estimated industry share, production facilities, development prospects, and geographies served by each market player.
- The study showcases the extensive product portfolios of the prominent market contenders.
Objectives of the Global Light Therapy Market Study:
- An in-depth study of the evolving market sectors and the growth & penetration status of the global Light Therapy Market .
- COVID-19 Impact Analysis to highlight the major opportunities and challenges
- Strategic recommendations to help readers formulate lucrative business strategies
- Identification of the emerging players and their tactical approaches to expand market presence
- An extensive study of the product portfolios of the major market players and their regional presence
- A closer look at the strategic initiatives undertaken by the leading companies across this industry, including mergers & acquisitions, collaborations, partnerships, and joint ventures
The purpose of the global Light Therapy Market research report is to provide substantial information about key segments and the competitive landscape of the Light Therapy Market report. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Light Therapy Market .
Read full Reports of Light Therapy Market @ https://www.emergenresearch.com/industry-report/light-therapy-market
Segmentation by :
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
· Application Outlook (Revenue, USD Billion; 2019–2030)
-
- Acne Vulgaris
- Sleeping Disorders
- Eczema
- Psoriasis
- Winter Blues
- Vitiligo
- Others
Regional Outlook (Revenue, USD Million; 2018-2028)
North America
U.S.
Canada
Mexico
Europe
U.K.
Germany
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
In North America, the United States is the major market for industrial maintenance coatings due to the presence of a well-established industrial sector and increasing investments in infrastructure development. The market in Canada is also expected to grow due to the expansion of the oil and gas industry.
In Europe, Germany and the United Kingdom are the major markets for industrial maintenance coatings, owing to the presence of a large number of manufacturing industries and increasing demand for high-performance coatings. The market in France is also expected to grow due to the increasing adoption of advanced coating technologies.
In the Asia-Pacific region, China is the largest market for industrial maintenance coatings due to the presence of a large number of manufacturing industries and increasing investments in infrastructure development.
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