Market revenue in 2023 | USD 77.7 million |
Market revenue in 2030 | USD 116.4 million |
Growth rate | 5.9% (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 |
Handheld devices for skin treatment was the largest segment with a revenue share of 27.03% in 2023. Horizon Databook has segmented the Japan 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 market players like Tokyo Iken and Philips is influencing the market positively. The key players are engaging in partnerships, collaborations, product launches, and acquisitions to strengthen their positions in the market.
Players in Japan are producing a variety of light therapy devices, such as light boxes & lamps, and some hospitals & clinics are also offering light therapy as a treatment option. The market is expected to continue growing as more research is conducted on the efficacy of light therapy and more people learn about its benefits.
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