Best Prospects in the Photodynamic Therapy Market and Strategies for Growth – Includes Photodynamic Therapy Market Growth
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Major Players in photodynamic therapy market Galderma S.A., Bausch Health, Lumenis Ltd., Sun Pharmaceutical Industries Ltd, Biofrontera.
TBRC’s photodynamic therapy market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.
The photodynamic therapy market is expected to reach $1.68 billion in 2026 at a rate of 7.3%. The global photodynamic therapy market size is then expected to grow at a CAGR of 5.9% from 2026 and reach $2.23 billion in 2031.
North America was the largest region in the global 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) uses special drugs, sometimes called photosensitizing agents, along with light for treating diseases. The drugs only work after they have been activated by certain kinds of light. PDT may also be called photo radiation therapy, phototherapy, or photochemotherapy.
The insurance coverage for photodynamic therapy procedures is expected to drive the market.
Portable photodynamic therapy devices are being developed by companies for at-home skin cancer treatment. The importance of a portable PDT device is in countries where patients need to travel long distances to receive specialized dermatological treatment. The new portable irradiation devices are small in size and fixed to the skin using medical adhesive tape. These devices are in the process of being introduced and patented.
TBRC’s Photodynamic Therapy Market Report Segments:
By Product: Drugs, Devices
By Application: Actinic Keratosis (AK), Cancer, Acne Drugs, Psoriasis, Others
By End-User: Cosmetics and Dermatology Clinics, Hospitals, Cancer Treatment Centers, Others
By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
The Photodynamic Therapy Market Report 2022 –Opportunities And Strategies – Global Forecast To 2031 is one of a series of new reports from The Business Research Company that provides an overview of the photodynamic therapy market globally and regionally, analyzes and forecasts market size, share, photodynamic therapy market players, photodynamic therapy market segments, leading competitor revenues, profiles and market shares.
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