Light therapy which is also known as phototherapy or bright light therapy can be defined as the therapy which is use for the treatment of Seasonal Effective Disorder (SAD) by the help of artificial lights, use light boxes emitting full-spectrum light similar in composition to sunlight. Lights which are used in light therapy are brighter than indoor lights but not bright as sunlight. Light therapy basically done by the help of specific wavelengths of light which use polychromatic polarised light, lasers, light-emitting diodes, fluorescent lamps, dichroic lamps or very bright, full-spectrum light.
Seasonal Affective Disorder (SAD), is a type of depression that happens as a result of low exposure to sunlight in the fall, winter and spring. Light therapy mostly suggested when SAD symptoms are high enough to affect patient daily lifestyle. In this therapy, patients be seated in front of a specific light box for about 30 to 60 minutes a day, during the early fall until spring when outdoor light becomes strong enough to boost mood naturally.
Light therapy is used to affect brain chemicals linked to mood, easing SAD symptoms. Sleep disorders, other types of depression, and other conditions such as non-seasonal depression or insomnia which happened due to low exposure to sunlight can be reduced by the help of light therapy
There are another type of light therapy uses ultraviolet (UV) wavelengths mainly for treatment of the skin disorder psoriasis, as well as for a type of cancer known as cutaneous T-cell lymphoma. Light therapy also used for the treatment of jaundice in new born neonatal.
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Light Therapy Market: Drivers and Restraints
High incidence of various types of depression such as seasonal affective disorder, non-seasonal depression or insomnia, and increased investment in research and development activities are some factors that drive the growth of this market. Most of the leading light therapy devices manufacturers have been customizing their product lines to appeal more to consumers and as a result help them to stay ahead of the competition. A large number of people are experiencing depression and are unaware of the necessity of light therapy. Increased public awareness of regarding depression and skin disorders such as psoriasis increases the demand for light therapy.
However, there are some side effects of light therapy such as eyestrain or visual disturbances, headaches, agitation, nausea, and sweating act as a major barrier for global light therapy market.
Light Therapy Market: Segmentation
Global light therapy market is segmented on the basis of therapy such as:
- Acu-light therapy
- Fiberoptic phototherapy
- Intense pulsed light (IPL) therapy
- Ocular light therapy
- Photodynamic therapy
- Ultraviolet therapy
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Light Therapy Market: Segmentation
With rapid technological advancement, increase in the incidence of various types of depression with increasing ageing population, and increasing awareness of light therapy among global population, the global light therapy market is expected to have a healthy growth rate in the forecast period (2016-2026).
Light Therapy Market: Region- Wise Outlook
Depending on geographic regions, global light therapy market is segmented into seven key regions: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, Japan, Middle East and Africa
North America holds the highest share in the global light therapy market in terms of revenue followed by Europe. The introduction of latest products mostly takes place in the North America market since majority of the key market players are located in this region. Continuous developments in healthcare infrastructure, greater incidence of depression, and healthcare reforms are the key factors driving the Asia Pacific light therapy market.
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Light Therapy Market: Key Players
Some of the key participating player in global light therapy market are Koninklijke Philips N.V., Mayo Clinic, Verilux, Inc., NeoLight, Anodyne Therapy, LLC, Zepter International, PhotoMedex, Inc., and etc.