Kuwait Light Therapy Market Size & Outlook, 2023-2030
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Kuwait light therapy market highlights
- The Kuwait light therapy market generated a revenue of USD 3.6 million in 2023 and is expected to reach USD 4.4 million by 2030.
- The Kuwait market is expected to grow at a CAGR of 3.1% 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 3.6 million |
| Market revenue in 2030 | USD 4.4 million |
| Growth rate | 3.1% (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, Kuwait accounted for 0.3% 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 Middle East & Africa, South Africa light therapy market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 6.0 million by 2030.
Handheld devices for skin treatment was the largest segment with a revenue share of 27.78% in 2023. Horizon Databook has segmented the Kuwait 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 increasing prevalence of skin conditions in the region, such as psoriasis, is expected to drive the market in the region. The market is expected to see significant growth over the forecast period, driven by factors like increasing healthcare expenditure and the growing number of people suffering from mental health conditions.
In addition, the market is being driven by the increasing adoption of light therapy devices by hospitals, clinics, and other healthcare facilities, as well as by the growing popularity of home use light therapy devices.
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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 |
Kuwait light therapy market report size, by product, 2018-2030 (US$M)
Kuwait Light Therapy Market Share, 2023 & 2030 (US$M)
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