Subject: MRR
Light Therapy Market size to grow by USD 201.87 Mn | Availability of Compatible Products to Boost Growth | Technavio
NEW YORK, Oct. 25, 2021 /PRNewswire/ -- The light therapy market size is set to grow by USD 201.87 million from 2021 to 2025, according to Technavio. The report offers a detailed analysis of the market in optimistic, probable, and pessimistic forecast scenarios.
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Factors such as the growing prevalence of SAD and the growing prevalence of skin disorders will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The light therapy market is fragmented, and the degree of fragmentation will decelerate during the forecast period.
Light Therapy Market 2021-2025: Segmentation
- End-user
- Commercial
- Domestic
- Healthcare
- Geography
- North America
- Europe
- Asia
- ROW
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Light Therapy Market 2021-2025: Vendor Analysis and Scope
Some of the major vendors of the light therapy market in the healthcare equipment industry include Beurer GmbH, Biophotas Inc., Johnson and Johnson Inc., Koninklijke Philips NV, Lucimed SA, Lumie, Northern Light Technologies, Red Light Man Ltd., and Verilux Inc. To help businesses improve their market position, Technavio's report provides a detailed analysis of around 25 vendors operating in the market. Backed with competitive intelligence and benchmarking, our research reports on the light therapy market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
The report also covers the following areas:
The light therapy market is fragmented, and the degree of fragmentation will decelerate. The availability of compatible products will offer immense growth opportunities. However, the low awareness about light therapy will hamper the market growth.
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Light Therapy Market 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist light therapy market growth during the next five years
- Estimation of the light therapy market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the light therapy market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of light therapy market vendors
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Light Therapy Market Scope | |
Report Coverage | Details |
Page number | 120 |
Base year | 2020 |
Forecast period | 2021-2025 |
Growth momentum & CAGR | Decelerate at a CAGR of over 4% |
Market growth 2021-2025 | USD 201.87 million |
Market structure | Fragmented |
YoY growth (%) | 6.97 |
Regional analysis | North America, Europe, Asia, and ROW |
Performing market contribution | North America at 52% |
Key consumer countries | US, Germany, Japan, China, and UK |
Competitive landscape | Leading companies, competitive strategies, consumer engagement scope |
Companies profiled | Beurer GmbH, Biophotas Inc., Johnson and Johnson Inc., Koninklijke Philips NV, Lucimed SA, Lumie, Northern Light Technologies, Red Light Man Ltd., and Verilux Inc. |
Market Dynamics | Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview | If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact:
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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