Germany Light Therapy Market Size & Outlook, 2023-2030
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Germany light therapy market highlights
- The Germany light therapy market generated a revenue of USD 51.0 million in 2023 and is expected to reach USD 79.1 million by 2030.
- The Germany market is expected to grow at a CAGR of 6.5% 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 51.0 million |
| Market revenue in 2030 | USD 79.1 million |
| Growth rate | 6.5% (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, Germany accounted for 4.9% 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 Europe, Germany light therapy market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 79.1 million by 2030.
Handheld devices for skin treatment was the largest segment with a revenue share of 27.25% in 2023. Horizon Databook has segmented the Germany 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 major market players like Beurer GmbH and other regional players is expected to drive the market. The market players are involved in strategic initiatives and promotions through social media platforms to reach customers. Beurer GmbH is expecting to target millennials and the youth population.
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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 |
Germany light therapy market report size, by product, 2018-2030 (US$M)
Germany Light Therapy Market Share, 2023 & 2030 (US$M)
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