Light Therapy Market Growth Accelerated by Increased Adoption of Light Therapy in Dermatology and Aesthetics


 Light therapy products include light boxes, lamps, light visors, and dawn simulators that are used to treat various medical conditions such as mood, sleep, and skin disorders. The popularity of light therapies to treat seasonal affective disorder (SAD), non-seasonal depression, and skin conditions like psoriasis and acne vulgaris has been steadily increasing. The global light therapy market is estimated to be valued at US$ 989.02 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.


Market key trends:
The increased adoption of light therapy in dermatology and aesthetic procedures has been a major trend propelling market growth. Various clinical studies have demonstrated the efficacy of light therapy in improving acne, reducing signs of aging, and evening skin tone. With rising consumer interest in non-invasive aesthetic treatments, light therapy is increasingly being used in combination with other procedures like microneedling and chemical peels. This has led to growth opportunities for companies offering integrated light therapy solutions for dermatology and aesthetic applications. The launch of novel home-use devices with optimized light spectra and personalized treatment routines has further boosted consumer access and engagement with light therapy.

Segment Analysis
The global light therapy market is segmented into light box, desk lamp, light visor and dawn simulator. Among these, the light box segment dominates the market with over 32.5% share owing to its wide applications in treatment of seasonal affective disorders. Light boxes are most commonly recommended for SAD treatments as they expose the entire body to bright light that helps in resetting the body's internal clock.

Key Takeaways
The global light therapy market is expected to witness high growth over the forecast period, growing at a CAGR of 5.2%. The market size is projected to increase from US$ 989.02 Mn in 2024 to US$ 1,391.19 Mn by 2030.

Regional analysis: North America currently dominates the light therapy market with over 40% share owing to rising prevalence of SAD and increasing adoption of light therapy devices. The US specifically is expected to maintain its dominance due to high diagnosis and treatment rates for SAD and other conditions. Asia Pacific is projected to witness the fastest growth over coming years led by expanding healthcare infrastructure and growing awareness.

Key players operating in the light therapy market include Koninklijke Philips N.V., Verilux, Inc., Northern Light Technology, TheraLight, LLC, Zepter International, Photomedex Inc., Beurer GmbH, Nature Bright, Lucimed SA, PhotonMD, Inc., BioPhotas, Chal-Tec GmbH. Koninklijke Philips commands the major share of over 18% followed by Verilux owing to their wide distribution and portfolio of professional medical-grade devices for various light therapy applications.

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