According to a new report published by Allied Market Research, titled, โLight Therapy Market: Global Opportunity Analysis and Industry Forecast, 2020-2027” Light therapy also referred to as phototherapy, is a treatment carried out using artificial light source. It is mainly used in the treatment of Seasonal Affective Disorder (SAD), which is a depressive disorder having seasonal patterns. This therapy is used to compensate for the scarcity of the person to exposure to sunlight, which leads to the condition. The light source is used to mimic natural sunlight and hence assist in the treatment. Light is used for other conditions including sleep disorders and various other types of depression. A unit of measure called as a lux gauges, the amount of light used in the therapy. The standard output of a light box is in range 2,500 and 10,000 lux.
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COVID-19 Scenario Analysis
The global lockout situation due to outbreak of the pandemic has led to the unprecedented collapse of economic activities. The COVIS-19 is straining the healthcare systems including the treatment of various disorders globally. The healthcare professionals are experiencing threat due to the virus when they get into direct contact with the individual vector carrying COVID-19. The various digital platforms for video conferencing have helped in assisting the individuals experiencing the disorder where they need light therapy. This has allowed the patients to buy the devices which can be kept for the Home care and hence will help the doctor monitor and treat the disease progression. The doctors are now maintaining the records of the patient online and are suggesting the medical aids or instruments which are compact and easy to use. This would help the growth of Home care setting and the technologically advanced product to gain maximum shares in the current scenario.
The rise in the global incidences of the skin diseases which needs the light therapy for treatment such as wrinkles, psoriasis, acne vulgaris and other dermatological disorder would help the market grow at a significant rate in the forecast period. The surge in the use of narrow band ultraviolet and broad band ultraviolet phototherapy for the treatment of skin related conditions will boost the industrial growth in the commenced period. The increase in the benefits offered by this therapy such as cellular rejuvenation and improved blood circulation and improvement in the blood circulation is anticipated to propel the market growth.
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The key players profiled in this report include Beurer, Chal-Tec, Lucimed, Lumie, Aura Daylight, Koninklijke Philips, Northern Light Technology, Zepter International Nature Bright, Sphere Gadget Technologies, Neutrogena, Photomedex, and BioPhotas.
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- This study presents the analytical depiction of the global Light Therapy industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Light Therapy market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global Light Therapy market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the Light Therapy market.
- The report provides a detailed global market analysis based on competitive intensity and how the competition will take shape in coming years.
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