The Global Photodynamic Therapy Market Report by The Business Research Company covers photodynamic therapy market drivers and restraints, photodynamic therapy market size, major players, and the impact of COVID-19 on the photodynamic therapy market.

The photodynamic therapy market consists of sales of photodynamic therapy products by entities (organizations, sole traders, and partnerships) that are engaged in manufacturing and selling phototherapy treatment drugs, light therapy devices, and related products. Photodynamic therapy (PDT) is a two-stage treatment that combines light energy with a drug (photosensitizer) designed to destroy cancerous and precancerous cells after light activation.

The global photodynamic therapy market is expected to grow from $3.39 billion in 2020 to $3.96 billion in 2021 at a compound annual growth rate (CAGR) of 16.9%. The change in growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2020. The photodynamic therapy market is expected to reach $7.10 billion in 2025 at a CAGR of 15.7%.

The rising prevalence of skin cancer is contributing to the growth of the photodynamic therapy market. Skin cancer is observed to be the most common cancer of all cancers. Melanoma attributes for only about 1% of skin cancers but causes a large number of skin cancer deaths. Photodynamic treatment (PDT) uses a combination of a light sensitizing medication and very intense light to destroy cancer cells. The doctor applies a light sensitizing chemical-containing lotion to the skin cancer and surrounding area.

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Some photodynamic therapy market trends include focusing on clinical trials for PDT in combination with different drugs

Global photodynamic therapy market segments include:

1) By Product: Drugs, Devices

2) By Application: Actinic Keratosis (AK), Cancer, Acne, Psoriasis, Others

3) By End-User: Cosmetics And Dermatology Clinics, Hospitals, Cancer Treatment Centers, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

Read More On The Photodynamic Therapy Global Market Report 2021: COVID-19 Implications And Growth To 2030 At:
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The Photodynamic Therapy Global Market Report 2021: COVID-19 Implications And Growth is one of a series of new reports from The Business Research Company that provides photodynamic therapy market overviews, analyzes and forecasts market size, share, photodynamic therapy market players, photodynamic therapy market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.

The photodynamic therapy identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More:

Read Photodynamic Therapy Global Market Report 2021: COVID-19 Implications And Growth from The Business Research Company for information on the following:

Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries

Market Players Covered: Theralase Technologies Inc., Biofrontera AG, Hologic Inc., Bausch Health, Quest PharmaTech Inc., LUMIBIRD, Galderma Laboratories L.P., Sun Pharmaceutical Industries Limited, Allergan plc, Modulight Inc., SUS Advancing Technology Co. Ltd, Lumenis Ltd., PhotoMedex Inc., Dusa Pharmaceuticals, Soligenix Inc., Biolitec AG, Valeant Pharmaceuticals International Inc, Sanofi, Beiersdorf, and Ambicare Health.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Photodynamic Therapy Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.

Opportunities For Companies In The Photodynamic Therapy Sector: The report reveals where the global industry will put on most $ sales up to 2023.

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