Light Therapy Market Size to Worth USD 1.52 Billion by 2033

The global light therapy market size is expected to increase USD 1.52 billion by 2033 from USD 1.06 billion in 2023 with a CAGr of 3.67% between 2024 and 2033.
The light therapy market has witnessed significant growth in recent years, driven by a combination of technological advancements, increasing awareness about the benefits of light therapy, and a growing prevalence of various health conditions where light therapy is utilized as a treatment modality. Light therapy, also known as phototherapy, involves exposure to specific wavelengths of light to treat various medical conditions, including skin disorders, mood disorders, sleep-related problems, and certain types of pain. The market encompasses a wide range of devices and applications, including light therapy lamps, light boxes, wearable devices, and specialized medical equipment used in clinics and hospitals.

Light Therapy Market Size 2024 to 2033

Key Points

  • North America has accounted highest revenue share of around 37% in 2023
  • Asia Pacific is projected to experience the fastest growth during the forecast period.
  • By product, the handheld devices segment has accounted revenue share of 26.8% in 2023.
  • By-product, the light visor segment is anticipated to grow at a rate during the forecast period.
  • By application, the sleeping disorder segment has captured revenue share of around 23.5% in 2023.
  • By application, the SAD/winter blues segment is projected to experience the highest growth rate during the forecast period.
  • By light type, the blue light segment has held revenue share of around 43% in 2023.
  • By end-use, the home healthcare segment held the largest market share of around 55% in 2023.
  • By end-use, the dermatology clinics segment is expected to experience the rapid growth rate during the forecast period.

Get a Sample:

Growth Factors

Several factors contribute to the growth of the light therapy market. One of the primary drivers is the rising incidence of skin disorders such as psoriasis, eczema, and vitiligo, which require phototherapy as a part of their treatment regimen. Additionally, the growing prevalence of seasonal affective disorder (SAD) and other mood-related disorders in regions with limited sunlight exposure has spurred the demand for light therapy devices. Moreover, technological advancements, such as the development of LED-based light therapy devices and portable, user-friendly solutions, have expanded the accessibility and efficacy of light therapy, further fueling market growth.

Region Insights:

The light therapy market exhibits varying dynamics across different regions. In North America, particularly in the United States and Canada, the market is driven by high healthcare spending, robust research and development activities, and a well-established infrastructure for medical device manufacturing and distribution. Europe is another significant market, characterized by a growing geriatric population and increasing awareness about the therapeutic benefits of light therapy. Asia-Pacific is emerging as a lucrative market, fueled by improving healthcare infrastructure, rising disposable incomes, and a growing focus on wellness and preventive healthcare practices.


Several trends are shaping the evolution of the light therapy market. One notable trend is the integration of light therapy into wearable devices and smart home systems, enabling users to conveniently incorporate light therapy into their daily routines. Another trend is the customization of light therapy treatments based on individual patient needs, facilitated by advancements in digital health technologies and personalized medicine. Moreover, there is a growing trend towards the adoption of light therapy in non-traditional settings such as workplaces, schools, and fitness centers, driven by its potential to enhance productivity, mood, and overall well-being.

Light Therapy Market Scope

Report Coverage Details
Global Market Size in 2023 USD 1.06 Billion
Global Market Size by 2033 USD 1.52 Billion
U.S. Market Size in 2023 USD 290 Million
U.S. Market Size by 2033 USD 420 Million
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product, By Application, By Light Type, and By End User
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

SWOT Analysis

Strengths: The light therapy market benefits from its non-invasive nature, minimal side effects, and versatility in treating a wide range of medical conditions. Technological advancements have led to the development of innovative devices with improved efficacy and user-friendliness. Additionally, increasing research into the therapeutic effects of light therapy and growing acceptance among healthcare professionals contribute to market growth.

Weaknesses: Despite its efficacy, light therapy may not be suitable for all individuals, and adherence to treatment protocols can be challenging for some patients. Moreover, reimbursement policies for light therapy treatments vary across regions, posing a barrier to widespread adoption, particularly in emerging markets.

Opportunities: The expanding applications of light therapy beyond traditional medical settings present significant opportunities for market growth. For example, there is growing interest in using light therapy for cosmetic purposes such as skin rejuvenation and hair growth. Furthermore, the integration of light therapy into telemedicine platforms and mobile health applications could enhance accessibility and reach underserved populations.

Threats: The light therapy market faces competition from alternative therapies and treatments, as well as from pharmaceutical interventions for certain conditions. Additionally, regulatory requirements and safety concerns pose challenges for manufacturers, particularly in ensuring the quality and efficacy of light therapy devices. Economic downturns and fluctuations in healthcare spending could also impact market growth.

Read Also: Sleep Tech Devices Market Size to Worth USD 113.16 Bn by 2033

Recent Developments

  • In January 2024, LumiThera initiated a European registry study investigating light therapy for age-related macular degeneration (AMD). This study follows a set of clinical trials known as the LIGHT SIDE studies, demonstrating that the treatment was well-tolerated by patients with dry AMD.
  • In February 2022, STRATA Skin Sciences, Inc. launched its new excimer laser system, XTRAC Momentum 1.0, designed for precise UVB light therapy in treating inflammatory skin conditions like psoriasis, atopic dermatitis, and vitiligo.
  • In January 2022, Bilihome secured funding from Health Innovations and Oost NL to launch an innovative, wearable light therapy device for jaundice affecting 10% of newborns.
  • In February 2022, UFC Performance Institute and GameDay Ready Recovery Zone joined forces to offer red light therapy to all UFC athletes. This partnership aims to improve athlete performance as red light therapy facilitates the body’s recovery at a cellular level.

Competitive Landscape:

The light therapy market is characterized by intense competition, with several prominent players vying for market share. Key players in the market include Philips Healthcare, Beurer GmbH, Lumie, Verilux, Northern Light Technology, and Carex Health Brands, among others. These companies compete based on factors such as product innovation, pricing strategies, distribution networks, and marketing efforts. Additionally, partnerships, mergers, and acquisitions are common strategies employed by players to strengthen their market position and expand their product portfolios. The competitive landscape is also influenced by the presence of smaller players and startups focusing on niche segments or innovative technologies within the light therapy market.

Light Therapy Market Companies

  • Koninklijke Philips N.V.
  • Beurer GmbH
  • BioPhotas.
  • Northern Light Technologies
  • Lumie
  • Verilux, Inc
  • Zepter International
  • The Daylight Company
  • Zerigo Health
  • Naturebright

Segments Covered in the Report

By Product

  • Light Box
  • Floor and Desk Lamps
  • Handheld Devices
  • Light Visor
  • Dawn Simulator
  • Light Therapy Lamps

By Application

  • Psoriasis
  • Vitiligo
  • Eczema
  • Acne Vulgaris
  • SAD/Winter Blues
  • Sleeping Disorders

By Light Type

  • Blue Light
  • Red Light
  • White Light

By End User

  • Dermatology Clinics
  • Home Healthcare

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Contact Us:

Mr. Alex

Sales Manager

Call: +1 9197 992 333







Leave a Reply

Your email address will not be published. Required fields are marked *