Leading Companies
Global Light Therapy Market - Key Players
Major players operating in the global light therapy market include Koninklijke Philips N.V., Verilux, Inc., Northern Light Technology, TheraLight, LLC, Zepter International, Photomedex Inc., Beurer GmbH, Nature Bright, Lucimed SA, PhotonMD, Inc., BioPhotas, Chal-Tec GmbH, Johnson & Johnson, and Carex Health Brands Inc.
In April 2023, BioPhotas, Inc., the manufacturer of the award-winning Celluma Series of light therapy devices, announced that the company received certification under European Council Medical Device Regulation 2017/745 for low-level light therapy devices. Over the course of the last several years, the European Medical Device Authorities have been transitioning from the Medical Device Directive (MDD) to the Medical Device Regulation (MDR).
In February 2022, STRATA Skin Sciences, Inc., medical device company announced the commercial launch of its next-generation excimer laser system, XTRAC Momentum 1.0. The XTRAC excimer laser technology allows for the precise delivery of targeted UVB light therapy to specific treatment areas of the skin for both adult and pediatric patients suffering from inflammatory skin conditions such as psoriasis, atopic dermatitis, and vitiligo.
In January 2022, Bilihome closed the new funding round led by Health Innovations and Oost NL, which aimed to support the market launch of a smart, wearable light therapy device for jaundice, a condition that affects 10% of all newborns.