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Theralight, LLC

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Theralight, LLC - Healthcare showcase

Year Founded & Workforce

2018

50 Employees

Industry

Healthcare

Services

Lights
T

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Theralight, LLC Overview

Company Headquarters: Lindon, UT

Founded: 2018

Workforce: ~50

Company Working: Theralight, LLC is a US leader in a 360-degree system that provides maximum exposure to healing light energy. The company manufactures products with noninvasive photomedicine technology which is used in medical professional practices. Moreover, the company has more than 200 customers in US. Theralight is the only company that has received a Space Technology Certificate. The company has approvals from FDA registration along with North American Industry Classification System and a Certificate of Conformity. The company has a presence in clinics and private owners in more than 30 locations in US.

Strategy

TheraLight collaborates with healthcare professionals to provide the most advanced technology, as well as advanced training and support, to maximize clinical and financial outcomes. TheraLight is committed to long-term success and driving change in medicine by raising medical care standards, with the goal of improving the quality of life of every patient who uses our products. TheraLight is dedicated to becoming and remaining a medical innovation leader.

Company Snapshot

50

Employees

2018

Founded

Lindon, UT

Headquarters

SWOT Analysis

Strengths

  • Unique Products
  • Strong brand reputation
  • Lagre no. of suppliers in the market

Weaknesses

  • Large dependency on US for revenue
  • Limited products

Opportunities

  • Expansion in small and mid-sized business markets
  • Mergers & acquisitions
  • Product launches

Threats

  • Fluctuating exchange rate and changes in foreign market policies
  • Increasing number of players in the market

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Key Developments

DateApproachDevelopment
January 2021ExpansionTheralight expanded its new corporate headquarter in Utah to advance the operations and growth of the company.
January 2021Product ApprovalTheralight, LLC’s “TheraLight 360 Full Body Photobiomodulation System” has approved in Canada for advanced pain relief and recovery.

Product Offering

  • Theralight, LLC
    • Lights

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