Light Therapy Market Size

Light Therapy Market Size

Light Therapy Market size was valued at more than USD 997 million in 2022 and will progress tremendously to reach over USD 1.5 billion by 2032 at 6.3% CAGR. Rising number of patients with dermatological disorders and seasonal affective disorders will drive industry demand.

Light therapy, also referred as phototherapy, refers to exposure to daylight or any equivalent form of light to treat several diseases including skin and mood disorders. The LED light therapy can be effective for wound healing and other types of skin damages. The scope of report includes various light-based devices that are intended to treat desired health conditions. Rising incidence of skin-related disease and growing awareness about personal care are the factors driving the market growth. Light therapy is used to treat skin conditions such as psoriasis, vitiligo, and eczema.

Light therapy involves the use of specific wavelengths of light to treat a variety of medical conditions. Globally, increasing patient preference for non-invasive procedures will boost the market size. Non-invasive light therapies are now highly preferred by many medical facilities due to their benefits such as reduced pain and better patient care. Furthermore, red light therapy is widely used in the treatment of inflammation, arthritis, joint pain, and bone injuries. This therapy is a drug-free natural treatment with few risks and side effects that has many applications in orthopaedic conditions.