Light therapy has been around for decades, and in the latest few, it’s been gaining momentum and the deserved acceptance from the medical community. The global light therapy market is booming, assumed to reach $1 billion by 2025.
Some wonder about red light therapy's effectiveness and safety, but companies like Kayian receive FDA and MDA-certification to ensure consumers safety. Light therapy's medical benefits are extensive and range from aesthetics to deep full-body healing. Its countless benefits are why many are looking into this market for its wide range of possibilities.
Being that it is a non-invasive and non-pharmaceutical form of therapy, light therapy has been challenged through the decades by the pharmaceutical industry. However, as you’re about to see, it’s clear that light therapy is making a breakthrough.
Light therapy's market was valued at over $1 billion in 2020 and is predicted to witness 5.1% CAGR from 2021 to 2027.
Rising incidences of skin-related disorders and growing awareness about care are the factors driving the sunshine therapy market growth.
North America dominated the worldwide light therapy market in 2018. The rise in the prevalence of skin disorders, including eczema and carcinoma in North America, drives the light therapy market. According to current studies by National Psoriasis Foundation, U.S., quite 8 million Americans have psoriasis.
As per the American Academy of Dermatology (AAD), acne is the most common skin condition within the U.S., affecting up to 50 million Americans annually. An increase in investments from the government and various organizations is predicted to drive the light therapy market in North America.
There are many different product types within the light therapy market, but two main ones are infrared lamps and cold laser therapy. The difference is in the wavelengths. Both have a proven effect on ATP; the real differences preference since the benefits are mainly the same, albeit to a different degree.
There are also light boxes, floor and desk lamps, light visors, HDST, dawn simulators, light therapy bulbs.
Handheld devices for skin (HDST) are projected to witness 5.6% growth rate till 2027. The light therapy market is estimated to attain a CAGR of 5.8% till 2027, accelerated by the increasing number of sleep disorders coupled with the growing use of light therapy to treat sleeping disorders.
Light therapy's main clinical applications are in biological time sleep disorders, dementia, mood disorders, and insomnia. With light therapy, 5000 lux/h administered daily over several weeks is common. Effects are long-term only if the therapy sessions are persistent and continuous.
Light therapy is used in many areas of expertise but mainly in hospitals, surgical centers, and diagnostic centers. You can get treatment in a light therapy box perspired from a doctor.
Some of the eminent players operating within the light therapy market are Beurer, Koninklijke Philips, Aura Daylight, Biophotas, Lucimed, Zepter International, Verilux, and Northern Light Technologies.
The North American light therapy market size crossed USD 350 million in 2020 due to technological advancements, including growing light therapy applications. Moreover, the presence of major market players and merchandise availability will strengthen the regional market revenue growth.
The market is relied upon to predict vigorous development from constant mechanical headways. Symptoms and side effects of different procedures and constant advancement in light treatment therapy will move individuals' tendency towards light treatment.
In addition, expanding interest for cutting-edge skin and overall health management treatment, for example, blue light and red-light treatment, will help the market development. Also, the rising selection of non-intrusive treatments for different skin problems like wrinkles, facial redness, skin break out, and rosacea will significantly affect future market income.
The interest in blue light additionally expanded significantly during the COVID-19 pandemic. As indicated by medical care scientists, blue light act's as an antimicrobial against various microorganisms. It inactivates a few infections, including COVID and the basic seasonal infection.
Kaiyan Medical is a part of the booming market and our production of FDA-certified and MDA-certified light therapy devices are perfect for at-home treatments.