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
  • 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
  • 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
  • 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

According to report, the cancer segment currently holds around 60% of the Global Photodynamic Therapy Market.

• 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

Explore the Complete Photodynamic Therapy Market Analysis Report – https://www.marknteladvisors.com/research-library/photodynamic-therapy-market.html

Geographical Analysis: Photodynamic Therapy Market

• North America
• South America
• Europe
• The Middle East & Africa
• 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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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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