Far infrared light is measured in microns and can be divided into far-infrared, mid-infrared, and near-infrared. The far-infrared light is a part of an invisible spectrum of the sun. The near-infrared ranges from 0.7 to 2.0 microns, mid-infrared ranges from 2 to 4 microns, and far-infrared ranges from 4 to 1,000 microns. The vibrant range for the best benefit is considered from 8.4 to 9.4 microns. The detectible red and far infrared portions of the spectrum that range from 660 to 880 wavelength are consider the vital range, as they are highly absorbent and create unique restorative effects on living tissues.
It is studied that the skin and underlying tissues absorb the light photons, which activate changes such as photobiomodulation in a body. Photobiomodulation is a light-induced photochemical reaction. Far infrared rays are anti-bacterial, anti-fungal, and anti-viral and, therefore, can be beneficial in the treatment of a range of diseases. Far infrared waves are thermal, and in the electromagnetic spectrum, they are closer to the microwave region which we experience as heat. There are many benefits of natural sunlight delivered by far infrared heat without the dangerous effects of UV radiation. The thermal radiation is a prime source of infrared radiation, i.e., any object which has a temperature radiates in the infrared. It emits more infrared radiation as it gets warmer. Even cold objects such as an ice cube are likely to emit some evident infrared. The far infrared therapy devices use the deep penetrating light (DPL) systems are popular. Various physical conditions can be treated with DPL system. The system uses energy in the form of photons to penetrate deep into the skin. The far infrared light can penetrate up to 30 to 40 mm in the skin, which makes it more effective and preferable for joints, deep muscles, and bones.
The global FAR infrared includes variety of devices applicable for several indications such as FAR infrared heating pads, FAR infrared sauna, FAR infrared heater, FAR infrared sauna with carbon heater, FAR infrared gloves, FAR infrared lamp, and other light therapy devices. The FAR infrared therapy devices are used in a number of therapies such as pain relief, skin rejuvenation, and relief from sports injuries, toxin elimination, stress reduction, weight loss, restful sleep, and improving immune system. The rays help in heating muscles, nerves, blood vessels, joints, and bones. Conditions such as arteriovenous fistula (which causes blood to directly flow from an artery into a vein) can be treated by FAR infrared therapy devices. From widely used applications of FAR infrared devices for treating various medical conditions, the heating therapy is the most commonly used all over the world. The heating therapy is used to detoxify heavy metals, reduce cholesterol, and promote blood circulation. The ease of use, effectiveness, and safe and wide applicability of the FAR infrared therapy device are likely to drive the market in the near future. However, the threat of side effects, such as sunburn, may act as a restrain for the market.
Based on geography, the FAR infrared devices market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to dominate the market. Rise in geriatric population and high per capita income are projected to propel the market in this region. Further, increase in adoption of personalized health technologies is one of the key factors which is likely to drive the market during the forecast period. North America is followed by Europe, and the region holds a large share of the market. Asia Pacific is the most progressive region. The increase in health care awareness and rise in per capita income are estimated to drive the market in Asia Pacific.
The global players operating in the FAR infrared therapy device market are Medtronic plc, Omron Corporation, Panasonic Corporation, and Siemens AG. Along with the global players, the regional players are contributing a significant share in the FAR infrared device market.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
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