Middle East & Africa Light Therapy Market Size & Outlook
Related Markets
MEA light therapy market highlights
- The MEA light therapy market generated a revenue of USD 21.9 million in 2023.
- The market is expected to grow at a CAGR of 3.3% 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.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 21.9 million |
| Market revenue in 2030 | USD 27.4 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Handheld devices for skin treatment |
| Fastest growing segment | Handheld Devices for Skin Treatment |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 2.1% of the global light therapy market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 375.4 million by 2030.
Handheld devices for skin treatment was the largest segment with a revenue share of 26.48% in 2023. Horizon Databook has segmented the Middle East & Africa 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 Middle East and Africa light therapy market is expected to have significant growth due to increasing awareness of the benefits of light therapy and the growing number of people suffering from conditions like SAD, sleep disorders, and skin diseases.
The market is expected to witness significant growth over the forecast period driven by factors such as 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 |
MEA light therapy market report size, by country, 2018-2030 (US$M)
Middle East & Africa Light Therapy Market Share, 2023 & 2030 (US$M)
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