Markntel Advisors’ report, Photodynamic Therapy Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Photodynamic Therapy presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Photodynamic Therapy Market Industry Research Report & Market Summary:
The Global Photodynamic Therapy Market size was valued at around USD 2 billion in 2024 and is projected to reach USD 3.2 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 8% during the forecast period, i.e., 2025-30. The Global Photodynamic Therapy (PDT) Market is poised for significant growth, pushed by several key factors such as; technological, medical, and monetary landscapes. One of the prominent drivers is the growing global cancer cases. Skin cancer is the most common cancer recognized internationally, with more than 1.5 million new instances in 2022. In 2022, approximately 330,000 new instances of melanoma were recognized globally and almost 60,000 humans died from it. PDT, mainly effective for treating early-degree cancers and localized tumors, is gaining attraction for treating skin cancers, head and neck cancers, and non-small cellular lung cancer.
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/photodynamic-therapy-market.html
Photodynamic Therapy Market Dynamics:
Key Driver-
Rising Prevalence of Cancer & Skin Diseases – The Global Photodynamic Remedy (PDT) Market is fueled by the growing prevalence of skin cancers and other malignancies. Skin cancers, specifically basal cellular carcinoma (BCC) and squamous cellular carcinoma (SCC) are some of the most common cancers globally. As per the World Health Organization (WHO), approximately 2-3 million non-melanoma skin cancers and 132,000 melanoma cases are recognized annually. As the prevalence of these skin cancers increases, the demand for effective, minimally invasive treatments like PDT is growing. Moreover, in regions like North America and Europe, populations are more prone to various skin problems and skin cancer. According to the American Cancer Society, approximately 97,610 new instances of MSC had been diagnosed nationwide in 2023. Also in Europe Overall, 150,627 people were diagnosed with Melanoma skin cancer (MSC) in 2020.
In addition to its oncology programs, PDT is being explored for less non-cancerous indications, which include actinic keratosis, pimples, and age-associated macular degeneration. PDT remedies offer patients fewer side effects, quicker recovery times, and reduced healthcare prices in assessment to conventional remedies like surgical processes, radiation, or chemotherapy. This convergence of factors positions PDT as a key participant in the evolving cancer treatment landscape.
Photodynamic Therapy Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Product Type
- Photosensitizer Drugs – Market Size & Forecast 2020-2030F, USD Million
- Porphyrin Derivatives – Market Size & Forecast 2020-2030F, USD Million
- Hematoporphyrin Derivatives – Market Size & Forecast 2020-2030F, USD Million
- Benzoporphyrin Acid – Market Size & Forecast 2020-2030F, USD Million
- Texaphyrins – Market Size & Forecast 2020-2030F, USD Million
- Aminolevulinic acid – Market Size & Forecast 2020-2030F, USD Million
- Chlorins – Market Size & Forecast 2020-2030F, USD Million
- Others – Market Size & Forecast 2020-2030F, USD Million
- Porphyrin Derivatives – Market Size & Forecast 2020-2030F, USD Million
- Photodynamic Therapy Devices – Market Size & Forecast 2020-2030F, USD Million
- Disposable Fiberoptics Light Delivery Device – Market Size & Forecast 2020-2030F, USD Million
- Diode Laser – Market Size & Forecast 2020-2030F, USD Million
- Lamp – Market Size & Forecast 2020-2030F, USD Million
Global Photodynamic Therapy Market is captured by the Photosensitizer Drugs segment, particularly porphyrin derivatives.
By Application
- Cancer- Market Size & Forecast 2020-2030F, USD Million
- Actinic Keratosis- Market Size & Forecast 2020-2030F, USD Million
- Acne- Market Size & Forecast 2020-2030F, USD Million
- Psoriasis- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
The cancer segment currently holds around 60% of the Global Photodynamic Therapy Market. The prevalence of PDT in the treatment of various cancers including esophageal cancer, non-small cell lung cancer, squamous cell carcinoma (SCC), and basal cell carcinoma (BCC) is the reason for its dominance.
By End User
- Hospitals- Market Size & Forecast 2020-2030F, USD Million
- Clinics and Dermatology Center- Market Size & Forecast 2020-2030F, USD Million
- Others- Market Size & Forecast 2020-2030F, USD Million
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
North America accounts for nearly 30% of the Global Photodynamic Therapy Market largely due to its superior clinical technology adoption, high healthcare spending, and well-established healthcare infrastructure.
As indicated in the latest market research report published by Markntel Advisors, “Photodynamic Therapy Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Photodynamic Therapy. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/photodynamic-therapy-market.html
Top Companies Operating in the Photodynamic Therapy Market:
- Biofronterra AG
- Lumibird
- Sun Pharmaceutical Industries Ltd.
- Galderma
- Advanz Pharma
- Rakuten Medical
- Nanospectra Biosciences
- Theralase Technologies Inc.
- Modulight Corporation
- Novartis AG
- Luzitin S.A
- Steba Biotech
- Biolitec Pharma
- Photoatomic
- Others.
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
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Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Photodynamic Therapy Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
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