Light Therapy Market SWOT Analysis to 2027 Top Companies are Aura Daylight, Sphere Gadget Technologies, Northern Light Technology, Beurer, PhotoMedex, Nature Bright, Verilux

Light Therapy Market report aims to provide a 360-degree view of the market in terms of cutting-edge technology, key developments, drivers, restraints and future trends with impact analysis of these trends on the market for short-term, mid-term and long-term during the forecast period. Further, the report also covers key players profiling with detailed SWOT analysis, financial facts and key developments of products/service from the past three years.

Light therapy also known as bright light therapy or phototherapy, is a method used to treat medical conditions by exposure to artificial light. During light therapy, the patient sits or works near light therapy box. The box emits bright light that mimics natural outdoor light which affects brain chemicals that are associated with mood and sleep, relieving from the disease symptoms. Light therapy is used to treat types of depression, seasonal affective disorder (SAD), dementia, psoriasis, sleep disorders and other conditions. 

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Key Benefits-

  • To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Light Therapy Market
  • To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)

Some of the Major Players In Light Therapy Market:

1. Koninklijke Philips N.V.,
2. Aura Daylight,
3. Sphere Gadget Technologies,
4. Northern Light Technology,
5. Beurer,
6. PhotoMedex, Inc.,
7. Nature Bright,
8. Verilux, Inc.,
9. Klarstein,
10. Zepter International

Increase in prevalence of depression and mental disorder, rising application of light therapy for skin diseases and favorable reimbursement policies for such treatments drives light therapy market growth. Moreover, high adoption of light therapy devices like light boxes and handled devices is also expected to influence the market growth. However, side effects associated with the treatment is likely to restrain the global light therapy market over the forecast period.

The "Global Light therapy Market Analysis to 2027" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global market with detailed market segmentation by product, light type, and end user and geography. The global light therapy market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Light therapy market players and offers key trends and opportunities in the market.

Don’t miss out on business opportunities in Light Therapy Market. Speak to our analyst and gain crucial industry insights that will help your business grow. 

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Light therapy market based product, light type, and end user. It also provides market size and forecast till 2027 for overall market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Light therapy Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.

North America held the dominant share in light therapy market in 2017. The major share is attributed to rising prevalence of depressive disorders in this region. According to the the National Institute of Mental Health (NIMH) in 2016, 6.2 million adults in the United States had at least one major depressive episode. Also the increasing skin diseases like psoriasis thereby boosting growth of this region. In addition, the presence of major pharmaceutical and medical devices market players, well established healthcare infrastructure, high disposable income, and geriatric population are factors contributing to the overall growth of the North America light therapy market. 

What our report offers:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and  segments in the global Light Therapy Market
  • Highlights key business priorities in order to assist companies to realign their business strategies.
  • The key findings and recommendations highlight crucial progressive industry trends in the Light Therapy Market, thereby allowing players to develop effective long term strategies.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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Posted by on Wednesday April 17 2019, 1:36 AM EDT. All trademarks acknowledged. Filed under Biotechnology, Diagnostics, Healthcare, Life Sciences, Medical Devices, Pharmaceuticals. Comments and Trackbacks closed. Follow responses: RSS 2.0

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