Photodynamic Therapy Market Size, Share, Trends, Demand, Growth and Competitive Analysis| MarkNtel
MarkNtel Advisors
recently published a detailed industry analysis of the Photodynamic Therapy Market. The report covers growth trends, geographical
marketing strategies, challenges, opportunities, and drivers influencing the
market.
Photodynamic Therapy Market Size, Share,
and Trends Analysis Report – Industry Overview and Forecast to 2030
The 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.
What are
the major Driver the Photodynamic Therapy industry?
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.
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What segments define the Photodynamic
Therapy market from 2025 to 2030? How do these segments contribute to market
dynamics and growth?
·
By Product Type
o 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
o 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
According to report, 60% of the Global
Photodynamic Therapy Market is captured by the Photosensitizer Drugs segment,
particularly porphyrin derivatives.
·
By Application
o Cancer- Market Size & Forecast 2020-2030F, USD
Million
o Actinic Keratosis- Market Size & Forecast
2020-2030F, USD Million
o Acne- Market Size & Forecast 2020-2030F, USD
Million
o Psoriasis- Market Size & Forecast 2020-2030F,
USD Million
o Others- Market Size & Forecast 2020-2030F, USD
Million
According to report, the cancer segment
currently holds around 60% of the Global Photodynamic Therapy Market.
·
By End User
o Hospitals- Market Size & Forecast 2020-2030F,
USD Million
o Clinics and Dermatology Center- Market Size & Forecast
2020-2030F, USD Million
o Others- Market Size & Forecast 2020-2030F, USD
Million
Explore the Complete Photodynamic Therapy
Market Analysis Report – https://www.marknteladvisors.com/research-library/photodynamic-therapy-market.html
Geographical Analysis: Photodynamic Therapy
Market
o North America
o South America
o Europe
o The Middle East & Africa
o Asia-Pacific
Photodynamic Therapy Market Share &
Competitive Landscape:
The Photodynamic
Therapy Market is characterized by intense competition, with several key
players driving growth through innovation, market expansion, and strategic
investments. The competitive landscape provides valuable insights into the
industry's leading companies, highlighting their strengths, financial
performance, and market influence.
Leading Companies in the Photodynamic
Therapy Market are:
- 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
Photodynamic Therapy Industry Recent
Development:
- June 2024: Biofrontera AG launched the RhodeXL lamp with Ameluz (aminolevulinic acid
hydrochloride) topical gel for patients suffering from actinic keratosis
to strengthen their product portfolio.
- February 2023: Galderma collaborated with German Medical Engineering (GME) to promote
their photosensitizer drug, Metvix. This helped the company to strengthen
its brand presence globally.
Questions Addressed in this
Study
1.What factors are
driving the Photodynamic Therapy Market growth?
2.How is the Photodynamic
Therapy Market expected to grow over the next five years?
3.What are the key
insights into the current trends in the Photodynamic Therapy Market?
4.What is the
current size of the Photodynamic Therapy Market, and how is it projected to
change in the future?
6.What is the
future outlook for the Photodynamic Therapy Market in terms of technological
advancements and market expansion?
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