Market Overview:
The global LED phototherapy system market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of skin disorders, rising awareness about the benefits of LED phototherapy, and technological advancements in LED phototherapy systems. The global LED phototherapy system market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into tabletop type, on casters type, and other types. The tabletop type segment is expected to account for a major share of the global LED phototherapy system market in 2018 owing to its low cost and easy portability. On the basis of application,the market is divided into skin aging treatment ,skin dark spots treatment ,and skin acne treatment . Skin aging treatment dominates this category owing to an increase in awareness about anti-aging treatments among consumers across all regions studied herein .
Product Definition:
LED Phototherapy System is a device that emits light in the visible and infrared range. It is used to treat skin conditions, such as psoriasis, acne, and eczema. LED Phototherapy System can also be used to improve the appearance of wrinkles and scars.
Tabletop Type:
The global tabletop type is expected to witness significant growth in the LED phototherapy system market over the forecast period. The increasing prevalence of cancer and other chronic diseases has led to an increase in research activities for finding a cure, which further boosts demand for tabletop devices.
For instance, according to WHO (2018), around 18 million people are diagnosed with skin cancer every year and about 5 million people die due to it.
On Casters Type:
On casters type is used in LED phototherapy system which is a device that helps patients to move around with the help of rolling wheels. It’s also known as mobility on casters or rolling chair. On casters type can be used for treatment of various disorders such as muscular dystrophy, multiple sclerosis, and rheumatoid arthritis among others.
Application Insights:
Skin aging was the largest application segment in 2017. The rising geriatric population is one of the major factors contributing to this growth. Moreover, a rise in demand for anti-aging creams and lotions is also expected to drive this segment over the forecast period.
Skin dark spots are another common concern among people globally, which led to increased adoption of LED phototherapy systems for treatment purposes. These devices help treat skin pigmentation issues due to hyperpigmentation or hypopigmentation caused due to genetic mutations or injury on skin cells that causes them not be regenerated as fast as they should be leading to patches of darkened skin (skin spots).
Regional Analysis:
North America led phototherapy system market is anticipated to witness significant growth over the forecast period. Rising cases of skin aging, acne, and other skin disorders are expected to drive the demand for led phototherapy systems in North America. Moreover, increasing R&D activities by various companies will fuel the regional market growth during the forecast period.
The Asia Pacific region is projected to register a high CAGR over the forecast period owing to rising disposable income and growing awareness about early diagnosis among patients in this region. In addition, increasing number of dermatology clinics due to rise in consumer spending on beauty products will also boost LED phototherapy systems demand in this region during the estimated time frame.
Growth Factors:
- Increasing demand for non-invasive and painless treatments
- Rising prevalence of skin diseases and disorders
- Technological advancements in LED phototherapy systems
- Growing awareness about the benefits of LED phototherapy treatment
- Increasing number of dermatology clinics and hospitals offering LED phototherapy services
Scope Of The Report
Report Attributes
Report Details
Report Title
LED Phototherapy System Market Research Report
By Type
Tabletop Type, On Casters Type, Other
By Application
Skin Aging, Skin Dark Spots, Skin Acne
By Companies
GE Healthcare, Dermalux, Sincery International, Clairderm Medical Aesthetics, Lutronic, Natus Medical Incorporated, Bio-Therapeutic, SHODS Laser Technology, Inspiration Healthcare, Anandic, GE Healthcare
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global LED Phototherapy System Market Report Segments:
The global LED Phototherapy System market is segmented on the basis of:
Types
Tabletop Type, On Casters Type, Other
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
Skin Aging, Skin Dark Spots, Skin Acne
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:
- GE Healthcare
- Dermalux
- Sincery International
- Clairderm Medical Aesthetics
- Lutronic
- Natus Medical Incorporated
- Bio-Therapeutic
- SHODS Laser Technology
- Inspiration Healthcare
- Anandic
- GE Healthcare
Highlights of The LED Phototherapy 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:
- Tabletop Type
- On Casters Type
- Other
- By Application:
- Skin Aging
- Skin Dark Spots
- Skin Acne
- 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 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
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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 system is a type of light therapy that uses LEDs to treat various medical conditions. The LEDs emit short, intense bursts of light that can help to improve the symptoms of certain diseases or disorders.
Some of the major players in the led phototherapy system market are GE Healthcare, Dermalux, Sincery International, Clairderm Medical Aesthetics, Lutronic, Natus Medical Incorporated, Bio-Therapeutic, SHODS Laser Technology, Inspiration Healthcare, Anandic, GE Healthcare.
The led phototherapy system market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 LED Phototherapy 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 System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 LED Phototherapy 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 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 System Market Size & Forecast, 2018-2028
4.5.1 LED Phototherapy System Market Size and Y-o-Y Growth
4.5.2 LED Phototherapy System Market Absolute $ Opportunity
Chapter 5 Global LED Phototherapy 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 System Market Size Forecast by Type
5.2.1 Tabletop Type
5.2.2 On Casters Type
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global LED Phototherapy 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 System Market Size Forecast by Applications
6.2.1 Skin Aging
6.2.2 Skin Dark Spots
6.2.3 Skin Acne
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global LED Phototherapy 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 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 System Analysis and Forecast
9.1 Introduction
9.2 North America LED Phototherapy 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 System Market Size Forecast by Type
9.6.1 Tabletop Type
9.6.2 On Casters Type
9.6.3 Other
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 System Market Size Forecast by Applications
9.10.1 Skin Aging
9.10.2 Skin Dark Spots
9.10.3 Skin Acne
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 System Analysis and Forecast
10.1 Introduction
10.2 Europe LED Phototherapy 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 System Market Size Forecast by Type
10.6.1 Tabletop Type
10.6.2 On Casters Type
10.6.3 Other
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 System Market Size Forecast by Applications
10.10.1 Skin Aging
10.10.2 Skin Dark Spots
10.10.3 Skin Acne
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 System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific LED Phototherapy 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 System Market Size Forecast by Type
11.6.1 Tabletop Type
11.6.2 On Casters Type
11.6.3 Other
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 System Market Size Forecast by Applications
11.10.1 Skin Aging
11.10.2 Skin Dark Spots
11.10.3 Skin Acne
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 System Analysis and Forecast
12.1 Introduction
12.2 Latin America LED Phototherapy 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 System Market Size Forecast by Type
12.6.1 Tabletop Type
12.6.2 On Casters Type
12.6.3 Other
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 System Market Size Forecast by Applications
12.10.1 Skin Aging
12.10.2 Skin Dark Spots
12.10.3 Skin Acne
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 System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) LED Phototherapy 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 System Market Size Forecast by Type
13.6.1 Tabletop Type
13.6.2 On Casters Type
13.6.3 Other
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 System Market Size Forecast by Applications
13.10.1 Skin Aging
13.10.2 Skin Dark Spots
13.10.3 Skin Acne
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 System Market: Competitive Dashboard
14.2 Global LED Phototherapy System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Dermalux
14.3.3 Sincery International
14.3.4 Clairderm Medical Aesthetics
14.3.5 Lutronic
14.3.6 Natus Medical Incorporated
14.3.7 Bio-Therapeutic
14.3.8 SHODS Laser Technology
14.3.9 Inspiration Healthcare
14.3.10 Anandic
14.3.11 GE Healthcare
