A Global Photodynamic Therapy Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Photodynamic Therapy industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Photodynamic Therapy market, this study covers qualitative and quantitative aspects of the Photodynamic Therapy market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
The Global Photodynamic Therapy (PDT) market size is expected to reach USD 2,385.5 Million at a revenue CAGR of 8.3% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising prevalence of cancer. It has been estimated that there were over 1.8 million new cancer cases diagnosed in the U.S. in 2020 and over 0.6 million people died owing to cancer in 2020. Photodynamic therapy finds application for treating specific cancer types to improve life span and quality of life of cancer patients. This therapy is gaining increasing popularity as an essential treatment procedure for certain localized cancers. Various photosensitizing drugs are approved by U.S. Food and Drug Administration (FDA) for treatment of pre-cancers/cancers with Porfimer sodium (Photofrin) and Aminolevulinic acid (ALA or Levulan) being the most widely used.
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Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Photodynamic Therapy industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Photodynamic Therapy industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Photodynamic Therapy industry.
Radical Highlights of the Photodynamic Therapy Market Report:
- Comprehensive overview of the Photodynamic Therapy market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and RD advancements on the Photodynamic Therapy market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Photodynamic Therapy market expected to boost the growth of the industry in the coming years.
Photodynamic Therapy Market Segmentation:
Product Type Outlook (Revenue, USD Million; 2021–2030)
- Photodynamic Therapy Devices
- Photosensitizer Drugs
Disease Outlook (Revenue, USD Million; 2021–2030)
- Actinic Keratosis
- Cancer
- Psoriasis
- Acne
- Others
Application Outlook (Revenue, USD Million; 2021–2030)
- Hospitals
- Specialty Clinics
- Cancer Treatment Centers
- Others
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Photodynamic Therapy market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Biofrontera AG, LUMIBIRD, Bausch Health Companies Inc., Modulight Corporation, SUS Advancing Technology Co., Ltd., Theralase Technologies Inc., Galderma Laboratories LP, Sun Pharmaceutical Industries Ltd., Hologic Inc., and Quest PharmaTech Inc
Regional Landscape section of the Photodynamic Therapy report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.
The various regions analyzed in the report include:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Additional information offered by the report:
- Along with a complete overview of the global Photodynamic Therapy market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Photodynamic Therapy market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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Highlights of Table of Contents (TOC):
- Overview of Global Photodynamic Therapy Market
- Competitive analysis of the Photodynamic Therapy market
- Regional analysis of Global Photodynamic Therapy market production and revenue
- Regional analysis of Global Photodynamic Therapy market supply, consumption, and export import
- Type-based market analysis of global Photodynamic Therapy production, revenue, and price trends
- Application-based analysis of the global Photodynamic Therapy market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Photodynamic Therapy market
- Conclusion of the research report
- Appendix
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