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2022 Photodynamic Therapy Market Report: Size, Share, Growth, Industry Trends, Forecast To 2031
Photodynamic Therapy Market
The regions covered in the Photodynamic Therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, North America was the largest region in the photodynamic therapy market in 2021.
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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.
Key competitors in the Photodynamic Therapy market include Theralase Technologies Inc., Biofrontera AG, Hologic Inc., Bausch Health, Quest PharmaTech Inc., LUMIBIRD, Galderma Laboratories L.P., Sun Pharmaceutical Industries Limited, Allergan plc and Modulight Inc.
The global photodynamic therapy market size is expected to grow from $3.96 billion in 2021 to $4.62 billion in 2022 at a compound annual growth rate (CAGR) of 16.7%. The change in the photodynamic therapy market 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 market is expected to reach $8.33 billion in 2026 at a CAGR of 15.9%.
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TBRC's report segments the global Photodynamic Therapy market:
1) By Product: Drugs, Devices
2) By Application: Actinic Keratosis (AK), Cancer, Acne Drugs, Psoriasis, Others
3) By End-User: Cosmetics and Dermatology Clinics, Hospitals, Cancer Treatment Centers, Others
Read further on the Photodynamic Therapy market here:
https://www.thebusinessresearchcompany.com/report/photodynamic-therapy-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Photodynamic Therapy Market Characteristics
3. Photodynamic Therapy Market Trends And Strategies
4. Impact Of COVID-19 On Photodynamic Therapy Market
5. Photodynamic Therapy Market Size And Growth
.....
27. Photodynamic Therapy Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Photodynamic Therapy Market
29. Photodynamic Therapy Market Future Outlook And Potential Analysis
30. Appendix
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