The Infinium Global Research analyzes the Light Therapy Blood Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in global light therapy blood market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of light therapy blood. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the light therapy blood market during the period. The global light therapy blood market is projected to grow at a CAGR of 5.1% over the forecast period of 2018-2024.
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The light therapy is also known as phototherapy in which the natural or artificial colors or full spectrums are used to improve the imbalances caused by the lack of natural light or to simulate the specific healing response in the body. The light therapy is specifically used to treat the seasonal affective disorder (SAD) as well as it is useful for the treatment of Jet lag, Sleep disorders, Dementia and other related conditions. In this therapy, the devices such as light therapy box, and handled devices is used. The light therapy is effective to brain chemicals that are linked with sleep and mood thus, light therapy is used to treat the depression, Jet lag, sleeping disorder or other conditions. In addition, the blue and red light emitted from the light therapy box are beneficial in the treatment of acne and wrinkles.
Rapidly Growing Occurrence of Seasonal Affective Disorder (SAD) is the Primary Factor Driving the Growth of Light Therapy Market
According to WHO, the depression is the common disease that affect more than 300 Million peoples in the all over the globe. Rapidly growing occurrence of seasonal affective disorder (SAD) is the primary factor driving the growth of light therapy market. In addition, the growing popularity of light therapy using the LED light as LED offers health benefits such as cellular regeneration and improved blood circulation that are likely to boost the demand of light therapy market over the forecast period. However, the lack of research and advancements may hamper the growth of light therapy market.
Moreover, the growing adoption of light therapy to treat the various types of cancer is projected to create several opportunities in the light therapy market in upcoming years. The light can easily reach cancer cells present in skin and areas that are isolated. For instance, the new therapy, vascular-targeted photodynamic therapy (VTP) is an effective, nonsurgical therapy for men with low-risk prostate cancer.
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North America Holds the Largest Market Share in the Light Therapy Market
Geographically, North America holds the largest market share in the light therapy market. The rising occurrence of various dermatological diseases in the North America region is contributing in the growth of light therapy market in this region. In addition, Asia pacific region is growing with the highest CAGR in the light therapy market. The growing geriatric population and the rising occurrence of dermatological diseases are driving the growth of light therapy market in the Asia Pacific region.
Light Therapy Blood Market: Segmentation
The report on global light therapy blood market covers segments such as, product type, light type and end user. On the basis of product type the global light therapy blood market is categorized into light box, floor & desk lamps, handheld devices, dawn simulator, bulbs and visor. On the basis of light type the global light therapy blood market is categorized into white light, blue light, red light and orange light. On the basis of end user, the global light therapy blood market is categorized into dermatology centers, home care and others.
Light Therapy Blood Market: Competitive Landscape
The report provides profiles of the companies in the global light therapy blood market such as, Lumie. Northern Light Technology, Photomedex Inc, Koninklijke Philips N.V., Sphere Gadget Technologies, Aura Daylight, PhotoMedex, Inc., Nature Bright, Zepter International and Others.
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- Comprehensive analysis of global as well as regional markets of the light therapy blood.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.