Light Therapy Market To Cross The Billion Mark By 2027

Light therapy has been one of the best options for many people, especially for those who are suffering from sleep disorders (i.e., insomnia) or depressions.

So the way the light therapy market is emerging has been predicted to make approximately 1.2 billion USD in the year 2027.

The market size is booming because of the increasing amount of patients with sleep disorders and depressions all over the world. These depressions should not be taken lightly as these are one of the prime reasons for mental illnesses and psychological disorders.

According to the National Alliance on Mental Health research, it has been reported that in the year 2019, more than 20% of U.S adults suffered from mental health-related issues. 

So it really wouldn’t be a surprise to see the market growth reaching the sky!!

The way science is evolving, so there will be more improvements regarding light therapy in the future. And by the year 2027, it’ll be very likely to see that light therapy devices will be available in everyone’s houses!!!

Rocketing number of product launches will raise the market value.

The manufacturers are continuously working on making light therapy more effective and affordable. They make these devices as reliable as a physician so that people don’t need to go to doctors or physicians for regular checkups. And these devices are easy to use, so it would be cheese and butter as far as the user is concerned!!. 

Physicians recommend even these devices, and they say that even these devices will remove cancerous cells that reside inside people. 

So it’s evident that if these devices keep on innovating, they’ll sell like hot cakes in the future. Therefore, it wouldn’t be surprising to see their demand at the peak in the market!!!!

Light Therapy As A Skin Treatment.

We are all very conscious about our skin. And everyone wants to have spot-free skins. So this device might be that “perfect potion of beauty” for them. Just imagine you are suffering from acne or wrinkles-related issues, and you see that this light therapy can do the trick for you. 

Won’t you take the deal??

You will!!!

Even light therapy for skin treatment can be witnessed to grow about 5.6% till 2027. And more than that, these treatments will be very affordable for people. So the market value of light therapy will be at the top!!

The Increase of Sleeping Disorders Will Escalate The Market Value

The sleeping disorder issues are rising globally. And it has been reported that around 51% of the people worldwide are not getting enough sleep. It is resulting in sleep disorders, insomnia, or even depressions.

So if we just take “sleeping disorders” under consideration, then the market efficacy of light therapy might increase at an estimation of 5.8% by the year 2027. 

And undoubtedly, people will be highly benefited through these treatments because it helps regulate and improve the circadian rhythm and improve the quality of sleep. 

Therefore, the use of light therapy will be highly demanding in the future.

The Red Light Will Boom The Market!!

Around 16% of the market share rose because of the red light therapy in 2020 as it puts its spotlight on the treatment of muscle tissues, skincare, and mental issues. So it has been booming the market value for quite a few years.

And the way red light therapy is emerging and evolving surely it will be a prime factor in the increase in market value by 2027.

The Rate of Depression In European Nations Will Boost Up The Market Value.

In 2020 around 26% of the increase in the market value of light therapy came from European nations. According to the reports of WHO (World Health Organizations), around 40 million people in European regions were suffering from depressions or any other mental illnesses in this same year. 

So the way these issues related to such disorders are rising in Europe, it really wouldn’t be a shock if we see a drastic increase in the market value in the future.

The Future of Light Therapy.

So far, the increase in the number of light therapy usage is rising. And it really can be predicted that within a few years this industry will be making billions!! 

It’s also very likable and advantageous for many people. So promising innovations and efficiency of these products will surely be a game-changer for this industry.