Light Therapy Market, By Product Type (Light Box, Lamps, Light Visor, Dawn Simulator, Light Therapy Bulbs, Handheld Devices), By Light Type (White Light, Blue Light, Red Light, Others (Yellow and Green Light, etc)), By End User (Dermatology Clinics, Home Care Settings, Others ( Workplace, Salons)), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published In : Aug 2023

Code : CMI384

Pages :154

Formats :

Excel and PDF

Industry : Medical Devices

Market News

Global Light Therapy Market: Key Developments

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.

Global Light Therapy Market: Key Trends

Introduction of light therapy devices in the market: The introduction of light therapy devices into the market is expected to drive growth of the global light therapy market over the forecast period. For instance, in October 2020, Lumiere Skyn, a skin care brand, launched next-generation skin rejuvenation technology, which involves red LED wavelengths, blue LED wavelengths, and amber LED wavelengths for the treatment of various skin issues such as aiding in collagen production, reducing inflammation, promoting even skin tone, and others.