Phototherapy Lamps Market Current Scenario Trends, Comprehensive Analysis and Regional Forecast 2022 to 2032

 By the end of 2022, the market for phototherapy lights is projected to be worth US$ 3.2 Billion, up from US$ 3.0 Billion in 2021. The overall demand for phototherapy lamps is also anticipated to increase at a CAGR of 5.8% between 2022 and 2032, reaching an estimated value of US$ 5.6 Bn by 2032, due to the growing use of phototherapy lamps for treating a variety of medical disorders, including psoriasis and neonatal jaundice.

Based on product, the LED segment dominated the phototherapy lamps market in 2021, accounting for approximately 37.1% of the market, and it is expected to grow at a higher CAGR during the forecast period.

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Key Segments:

Product Type

  • LED
  • UV LIGHT
  • Halogen Lamps

End User

  • Hospital
  • Skin care clinics
  • Home care Setting
  • Other End Users

Application

  • Psoriasis
  • Vitiligo
  • Acne
  • Neonatal Jaundice
  • Other Application

 

 

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