Market Overview:
The global LED phototherapy light system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for LED phototherapy light systems in hospitals, clinics, beauty parlors, and domestic applications. Additionally, the growing awareness about the benefits of LED phototherapy light systems is also contributing to the market growth. North America dominates the global LED phototherapy light system market followed by Europe and Asia Pacific.
Product Definition:
LED phototherapy light system is a device used to emit light in the visible and infrared spectrums. LED phototherapy has been shown to be an effective treatment for a variety of medical conditions, including skin problems, pain relief, and wound healing.
Low-intensity (15 µW/cm²/nm):
Low-intensity (15 µW/cm2/nm) is the softest light source that can be used for phototherapy. It has a wavelength of 442 nm and a specific intensity of 15 microwatts per cm2. The low power level makes this light easily absorbed by the body tissues, which in turn enhances the blood circulation and tissue oxygenation. This process is also known as LED phototherapy or Low Energy Light Therapy (LELT).
High -intensity (35 µW/cm²/nm):
High-Intensity (HI) LED phototherapy light system is used for the treatment of various skin disorders such as psoriasis, atopic dermatitis, and others. The phototherapy treatment involves four steps which are; selection of proper light source, generation of high-intensity light by using optical fiber or laser diode array delivery system to the targeted area via a handpiece or portable unit application and monitoring systems.
Application Insights:
The other application segment includes corporate, commercial and public buildings. The growing preference for natural light in offices has resulted in a rise in the demand for led phototherapy lights system across the globe. Moreover, increasing awareness about health and wellness is expected to fuel product demand over the forecast period.
Hospital was estimated as the largest segment with a revenue share of more than 40% in 2017 owing to an increase in healthcare spending coupled with rising government initiatives on improving hospital infrastructure worldwide. For instance, Germany¢â‚¬â„¢s Ministry of Health has invested around USD 8 billion from 2014 to 2018 on renovating hospitals and clinics all over Germany (Bavaria). This investment is expected to improve healthcare infrastructure thereby resulting into increased Led Phototherapy Light System installations across hospitals globally.
Regional Analysis:
The global LED phototherapy light system market is segmented on the basis of region into North America, Europe, Asia Pacific, Latin America and MEA. In 2017, North America led the global market owing to increasing R&D investments by government organizations and private companies for developing advanced LED phototherapy devices. Moreover, growing adoption of technologically advanced medical treatments in this region is also expected to drive the demand for led phototherapy equipment in this region over the forecast period.
Asia Pacific regional market captured a significant share due to rising number of beauty parlors and spas that are adopting LED based treatment systems in their clinics or hospitals as a new trend. The Middle East & Africa (MEA) regional market also has potential growth opportunities due to increasing awareness about various types of skin diseases among people living there which can be treated using these lights at home or at beauty parlors instead of going to hospital every day for treatment purpose thus driving its demand over next eight years.
Growth Factors:
- Increasing demand for non-invasive and painless treatments
- Rising prevalence of skin diseases and disorders
- Technological advancements in LED phototherapy light systems
- Growing awareness about the benefits of LED phototherapy light therapy
- Increasing number of dermatology clinics and spas offering LED phototherapy light therapy
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Phototherapy Light System Market Research Report
By Type
Low-intensity (15 µW/cm²/nm), High -intensity (35 µW/cm²/nm)
By Application
Hospital, Clinic, Beauty Parlor, Domestic, Other
By Companies
Drager, Natus Medical Incorporated, Delta Medical International, Anandic Medical Systems AG, Inspiration Healthcare, IBIS Medical, Hydrosun Medizintechnik GmbH, Kernel Medical Equipment Co.,Ltd., Olidef, Ningbo David Medical Device, Suzhou Being Medical Devices Co., Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
126
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.
Global LED Phototherapy Light System Market Report Segments:
The global LED Phototherapy Light System market is segmented on the basis of:
Types
Low-intensity (15 µW/cm²/nm), High -intensity (35 µW/cm²/nm)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Beauty Parlor, Domestic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Drager
- Natus Medical Incorporated
- Delta Medical International
- Anandic Medical Systems AG
- Inspiration Healthcare
- IBIS Medical
- Hydrosun Medizintechnik GmbH
- Kernel Medical Equipment Co.,Ltd.
- Olidef
- Ningbo David Medical Device
- Suzhou Being Medical Devices Co., Ltd.
Highlights of The LED Phototherapy Light System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low-intensity (15 µW/cm²/nm)
- High -intensity (35 µW/cm²/nm)
- By Application:
- Hospital
- Clinic
- Beauty Parlor
- Domestic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the LED Phototherapy Light System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
LED phototherapy light system is a type of medical device that uses LEDs to treat various medical conditions. The LEDs emit short-wavelength light, which is known to be effective in treating a variety of diseases and conditions.
Some of the major players in the led phototherapy light system market are Drager, Natus Medical Incorporated, Delta Medical International, Anandic Medical Systems AG, Inspiration Healthcare, IBIS Medical, Hydrosun Medizintechnik GmbH, Kernel Medical Equipment Co.,Ltd., Olidef, Ningbo David Medical Device, Suzhou Being Medical Devices Co., Ltd..
The led phototherapy light system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Phototherapy Light System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 LED Phototherapy Light System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED Phototherapy Light System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the LED Phototherapy Light System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global LED Phototherapy Light System Market Size & Forecast, 2018-2028
4.5.1 LED Phototherapy Light System Market Size and Y-o-Y Growth
4.5.2 LED Phototherapy Light System Market Absolute $ Opportunity
Chapter 5 Global LED Phototherapy Light System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 LED Phototherapy Light System Market Size Forecast by Type
5.2.1 Low-intensity (15 µW/cm²/nm)
5.2.2 High -intensity (35 µW/cm²/nm)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LED Phototherapy Light System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 LED Phototherapy Light System Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Beauty Parlor
6.2.4 Domestic
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Phototherapy Light System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 LED Phototherapy Light System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America LED Phototherapy Light System Analysis and Forecast
9.1 Introduction
9.2 North America LED Phototherapy Light System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America LED Phototherapy Light System Market Size Forecast by Type
9.6.1 Low-intensity (15 µW/cm²/nm)
9.6.2 High -intensity (35 µW/cm²/nm)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America LED Phototherapy Light System Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Beauty Parlor
9.10.4 Domestic
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe LED Phototherapy Light System Analysis and Forecast
10.1 Introduction
10.2 Europe LED Phototherapy Light System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe LED Phototherapy Light System Market Size Forecast by Type
10.6.1 Low-intensity (15 µW/cm²/nm)
10.6.2 High -intensity (35 µW/cm²/nm)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe LED Phototherapy Light System Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Beauty Parlor
10.10.4 Domestic
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific LED Phototherapy Light System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LED Phototherapy Light System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific LED Phototherapy Light System Market Size Forecast by Type
11.6.1 Low-intensity (15 µW/cm²/nm)
11.6.2 High -intensity (35 µW/cm²/nm)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific LED Phototherapy Light System Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Beauty Parlor
11.10.4 Domestic
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America LED Phototherapy Light System Analysis and Forecast
12.1 Introduction
12.2 Latin America LED Phototherapy Light System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America LED Phototherapy Light System Market Size Forecast by Type
12.6.1 Low-intensity (15 µW/cm²/nm)
12.6.2 High -intensity (35 µW/cm²/nm)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America LED Phototherapy Light System Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Beauty Parlor
12.10.4 Domestic
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) LED Phototherapy Light System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LED Phototherapy Light System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) LED Phototherapy Light System Market Size Forecast by Type
13.6.1 Low-intensity (15 µW/cm²/nm)
13.6.2 High -intensity (35 µW/cm²/nm)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) LED Phototherapy Light System Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Beauty Parlor
13.10.4 Domestic
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 LED Phototherapy Light System Market: Competitive Dashboard
14.2 Global LED Phototherapy Light System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Drager
14.3.2 Natus Medical Incorporated
14.3.3 Delta Medical International
14.3.4 Anandic Medical Systems AG
14.3.5 Inspiration Healthcare
14.3.6 IBIS Medical
14.3.7 Hydrosun Medizintechnik GmbH
14.3.8 Kernel Medical Equipment Co.,Ltd.
14.3.9 Olidef
14.3.10 Ningbo David Medical Device
14.3.11 Suzhou Being Medical Devices Co., Ltd.
