U.K. Light Therapy Market, 2023-2030
- MedTech
- Aesthetic Devices
- light therapy market report
- Aesthetic Devices
U.K. Light Therapy Market, 2018-2030 (US$M)
Global Market
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UK light therapy market highlights
- The UK light therapy market generated a revenue of USD 31.9 million in 2023 and is expected to reach USD 43.2 million by 2030.
- The UK market is expected to grow at a CAGR of 4.4% from 2024 to 2030.
- In terms of segment, handheld devices for skin treatment was the largest revenue generating product in 2023.
- Handheld Devices for Skin Treatment is the most lucrative product segment registering the fastest growth during the forecast period.
Light therapy market data book summary
| Market revenue in 2023 | USD 31.9 million |
| Market revenue in 2030 | USD 43.2 million |
| Growth rate | 4.4% (CAGR from 2023 to 2030) |
| Largest segment | Handheld devices for skin treatment |
| Fastest growing segment | Handheld Devices for Skin Treatment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Light Box, Floor and Desk Lamps, Light Therapy Lamps, Handheld Devices for Skin Treatment, Light Visor, Dawn Simulator |
| Key market players worldwide | Koninklijke Philips NV, Beurer |
Other key industry trends
- In terms of revenue, UK accounted for 3.0% of the global light therapy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany light therapy market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 79.1 million by 2030.
The market is expected to have significant growth over the forecast period due to the presence of global players and other regional players. This is attributed to the increasing of SAD and winter blues disorders according to Scotland’s health in the year 2022, approximately 2 million of the U.K. population get affected.
The market is expected to grow in the coming years due to several factors. One of the main drivers of the market is the increasing prevalence of conditions like SAD, insomnia, and skin conditions. These conditions are becoming more common as people spend more time indoors and have less exposure to natural light.
In addition, the availability of new and advanced light therapy products is also driving the growth. These products are becoming more affordable and accessible to consumers, making them more likely to use them to treat a variety of conditions. Other drivers include increasing awareness of the benefits of light therapy and the growing demand for nonpharmacological treatment options.
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Publish Date: Jun 25, 2024
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Light Therapy Market Report
Light Therapy Market Report Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Koninklijke Philips NV | View profile | 73,712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | www.philips.com |
| Beurer | View profile | 501-1000 | Ulm, Baden-Wurttemberg, Germany, Europe | www.beurer.com/web/us/ |
U.K. light therapy market report
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Light Therapy Market will help companies and investors design strategic landscapes.
Handheld Devices For Skin Treatment was the largest segment with a revenue share of 26.96% in 2023.
Horizon Databook has segmented the U.K. light therapy market based on light box, floor and desk lamps, light therapy lamps, handheld devices for skin treatment, light visor, dawn simulator covering the revenue growth of each sub-segment from 2018 to 2030.
The market is expected to have significant growth over the forecast period due to the presence of global players and other regional players. This is attributed to the increasing of SAD and winter blues disorders according to Scotland’s health in the year 2022, approximately 2 million of the U.K. population get affected.
The market is expected to grow in the coming years due to several factors. One of the main drivers of the market is the increasing prevalence of conditions like SAD, insomnia, and skin conditions. These conditions are becoming more common as people spend more time indoors and have less exposure to natural light.
In addition, the availability of new and advanced light therapy products is also driving the growth. These products are becoming more affordable and accessible to consumers, making them more likely to use them to treat a variety of conditions. Other drivers include increasing awareness of the benefits of light therapy and the growing demand for nonpharmacological treatment options.
- U.K. Light Therapy Market Product Outlook (Revenue, USD Million , 2018-2030)
- Light Box
- Floor and Desk Lamps
- Light Therapy Lamps
- Handheld Devices for Skin Treatment
- Light Visor
- Dawn Simulator
- U.K. Light Therapy Market Application Outlook (Revenue, USD Million , 2018-2030)
- Psoriasis
- Vitiligo
- Eczema
- Acne Vulgaris
- SAD/Winter Blues
- Sleeping Disorders
- U.K. Light Therapy Market Type Outlook (Revenue, USD Million , 2018-2030)
- Blue Light
- Red Light
- White Light
- U.K. Light Therapy Market End Use Outlook (Revenue, USD Million , 2018-2030)
- Dermatology Clinics
- Home Healthcare
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Horizon Databook provides a detailed overview of country-level data and insights on the U.K. light therapy market report, including forecasts for subscribers. This country databook contains high-level insights into U.K. light therapy market report from 2018 to 2030, including revenue numbers, major trends, and company profiles.
U.K. Light Therapy Market, 2018-2030 (US$M)
UK light therapy market report statistics, by product, 2018-2030 (US$M)
