China Light Therapy Market Size & Outlook, 2023-2030
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China light therapy market highlights
- The China light therapy market generated a revenue of USD 60.2 million in 2023 and is expected to reach USD 82.6 million by 2030.
- The China market is expected to grow at a CAGR of 4.6% from 2024 to 2030.
- In terms of segment, handheld devices for skin treatment was the largest revenue generating product in 2023.
- Handheld Devices for Skin Treatment is the most lucrative product segment registering the fastest growth during the forecast period.
Light therapy market data book summary
| Market revenue in 2023 | USD 60.2 million |
| Market revenue in 2030 | USD 82.6 million |
| Growth rate | 4.6% (CAGR from 2023 to 2030) |
| Largest segment | Handheld devices for skin treatment |
| Fastest growing segment | Handheld Devices for Skin Treatment |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Light Box, Floor and Desk Lamps, Light Therapy Lamps, Handheld Devices for Skin Treatment, Light Visor, Dawn Simulator |
| Key market players worldwide | Koninklijke Philips NV, Beurer |
Other key industry trends
- In terms of revenue, China accounted for 5.7% of the global light therapy market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan light therapy market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 63.8 million by 2030.
Handheld devices for skin treatment was the largest segment with a revenue share of 27.24% in 2023. Horizon Databook has segmented the China light therapy market based on light box, floor and desk lamps, light therapy lamps, handheld devices for skin treatment, light visor, dawn simulator covering the revenue growth of each sub-segment from 2018 to 2030.
The presence of local manufacturers is expected to drive the market in the region over the forecast period. In addition, the rising prevalence of psoriasis, winter blues, and SAD is anticipated to further drive the market.
Moreover, technological advancements with government support are further expected to increase the export of light therapy devices in the region. Studies also show that red light therapy also aids in treating myopic conditions in infants.
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Light Therapy Market Scope
Light Therapy Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Beurer | View profile | 501-1000 | Ulm, Baden-Wurttemberg, Germany, Europe | https://www.beurer.com/web/us/ |
| Koninklijke Philips NV | View profile | 73712 | Philips Center, Amstelplein 2, Amsterdam, Netherlands, 1096 BC | https://www.philips.com |
China light therapy market report size, by product, 2018-2030 (US$M)
China Light Therapy Market Share, 2023 & 2030 (US$M)
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