Due to various disorders and conditions such as seasonal affective disorder (SAD), blue light therapy has witnessed a significant demand globally. This has compelled various manufacturers to cater to such growing demands. The global light therapy market is expected to register at 4.8% over the forecast period, 2026.
Market Dynamics: Attributed to various advantages such as increased blood ... Read more
Market Research Future (MRFR) considers the rising number of dermatological disorders as the major reason behind the market growth of the light therapy market. Among other major reasons, growing demand for non-invasive methods, treatment for psychological disorders, and better funding for research and development projects are deemed to play crucial roles in taking the market forward.
Market Research Future (MRFR) considers the rising number of dermatological disorders as the major reason behind the market growth of the light therapy market. Among other major reasons, growing demand for non-invasive methods, treatment for psychological disorders, and better funding for research and development projects are deemed to play crucial roles in taking the market forward.
The global light therapy market is estimated to be valued at US$989.2 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights.
Market Overview:
Light therapy, also known as phototherapy, is a treatment method that uses specific wavelengths of light to treat various medical conditions. It involves exposure to artificial light to simulate natural sunlight, ... Read more