Photodynamic Therapy Market Size to Cross USD 8.42 Bn by 2033

According to a recent research report titled “Photodynamic Therapy Market (By Product Type: Photosensitizer Drugs, Photodynamic Therapy Devices; By Light Source: Lasers, Light Emitting Diodes (LEDs), Lamps, Others; By Application: Cancer, Actinic Keratosis (AK), Psoriasis, Acne, Others; By End User: Hospitals, Cancer Treatment Centers, Cosmetic and Dermatology Clinics, Others) – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033″ published by Precedence Research, the global photodynamic therapy market size is projected to touch around USD 8.42 billion by 2033 and growing at a CAGR of 7% over the forecast period 2024 to 2033. This comprehensive study examines various factors and their impact on the growth of the photodynamic therapy market.

Photodynamic Therapy Market Size 2024 To 2033

Key Takeaways

  • North America dominated the photodynamic therapy market with the largest share of 31% in 2023.
  • By product type, the photosensitizers drugs segment held the largest share of the market in 2023.
  • By light source, the lasers segment dominated the market in 2023.
  • By application, the cancer segment has the largest share in the photodynamic therapy market in 2023.
  • By end-user, the hospitals segment dominated the market in 2023.

The report primarily focuses on the volume and value of the photodynamic therapy market at the global, regional, and company levels. At the global level, the report analyzes historical data and future prospects to present an overview of the overall market size. Regionally, the study emphasizes key regions such as North America, Europe, the Middle East & Africa, Latin America, and others.

Furthermore, the research report provides specific segmentations based on regions (countries), companies, and all market segments. This analysis offers insights into the growth and revenue trends during the historical period of 2017 to 2032, as well as the projected period. By understanding these segments, it becomes possible to identify the significance of different factors that contribute to market growth.

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The research also highlights significant progressions in both organic and inorganic growth strategies within the global photodynamic therapy market. Numerous companies are placing emphasis on new product launches, gaining product approvals, and implementing various business expansion tactics. Moreover, the report presents detailed profiles of firms operating in the photodynamic therapy market, along with their respective market strategies. Additionally, the study concentrates on prominent industry participants, furnishing details such as company profiles, product offerings, financial updates, and noteworthy advancements.

Photodynamic Therapy Market Scope

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 7%
Global Market Size in 2023 USD 4.3 Billion
Global Market Size by 2033 USD 8.42 Billion
U.S. Market Size in 2023 USD 1.33 Billion
U.S. Market Size by 2033 USD 2.66 Billion
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Product Type, By Light Source, By Application, and By End User
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Also Read:  Image Recognition Market Size to Cross USD 166.01 Bn by 2033

Major Key Points Covered in Report:

Executive Summary: It includes key trends of the electric vehicle fuel cell market related to products, applications, and other crucial factors. It also provides analysis of the competitive landscape and CAGR and market size of the electric vehicle fuel cell market based on production and revenue.

Production and Consumption by Region: It covers all regional markets to which the research study relates. Prices and key players in addition to production and consumption in each regional market are discussed.

Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the Electric vehicle fuel cell market.

Market Segments: This part of the report discusses product, application and other segments of the electric vehicle fuel cell market based on market share, CAGR, market size, and various other factors.

Research Methodology: This section discusses the research methodology and approach used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.

Market Key Players

The report incorporates company profiles of key players in the market. These profiles encompass vital information such as product portfolio, key strategies, and a comprehensive SWOT analysis for each player. Additionally, the report presents a matrix illustrating the presence of each prominent player, enabling readers to gain actionable insights. This facilitates a thoughtful assessment of the market status and aids in predicting the level of competition in the photodynamic therapy market.

Photodynamic Therapy Market Companies

  • Gladerma S.A.
  • Sun Pharmaceutical Industries Ltd.
  • Biofrontera
  • Novartis AG
  • Valeant Pharmaceuticals International, Inc.
  • Quest Pharmatech, Inc.
  • Hologic, Inc.
  • Lumibird (Quantel Medical)
  • Theralase Technologies Inc.
  • Photocure ASA
  • Biolitec AG
  • IPG Photonics Corporation

Segments Covered in the Report

By Product Type

  • Photosensitizer Drugs
  • Photodynamic Therapy Devices

By Light Source

  • Lasers
  • Light Emitting Diodes (LEDs)
  • Lamps
  • Others

By Application

  • Cancer
  • Actinic Keratosis (AK)
  • Psoriasis
  • Acne
  • Others

By End User

  • Hospitals
  • Cancer Treatment Centers
  • Cosmetic and Dermatology Clinics
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

Table of Content:

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Photodynamic Therapy Market 

5.1. COVID-19 Landscape: Photodynamic Therapy Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Photodynamic Therapy Market, By Product Type

8.1. Photodynamic Therapy Market, by Product Type, 2024-2033

8.1.1. Photosensitizer Drugs

8.1.1.1. Market Revenue and Forecast (2021-2033)

8.1.2. Photodynamic Therapy Devices

8.1.2.1. Market Revenue and Forecast (2021-2033)

Chapter 9. Global Photodynamic Therapy Market, By Light Source

9.1. Photodynamic Therapy Market, by Light Source, 2024-2033

9.1.1. Lasers

9.1.1.1. Market Revenue and Forecast (2021-2033)

9.1.2. Light Emitting Diodes (LEDs)

9.1.2.1. Market Revenue and Forecast (2021-2033)

9.1.3. Lamps

9.1.3.1. Market Revenue and Forecast (2021-2033)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2021-2033)

Chapter 10. Global Photodynamic Therapy Market, By Application 

10.1. Photodynamic Therapy Market, by Application, 2024-2033

10.1.1. Cancer

10.1.1.1. Market Revenue and Forecast (2021-2033)

10.1.2. Actinic Keratosis (AK)

10.1.2.1. Market Revenue and Forecast (2021-2033)

10.1.3. Psoriasis

10.1.3.1. Market Revenue and Forecast (2021-2033)

10.1.4. Acne

10.1.4.1. Market Revenue and Forecast (2021-2033)

10.1.5. Others

10.1.5.1. Market Revenue and Forecast (2021-2033)

Chapter 11. Global Photodynamic Therapy Market, By End User 

11.1. Photodynamic Therapy Market, by End User, 2024-2033

11.1.1. Hospitals

11.1.1.1. Market Revenue and Forecast (2021-2033)

11.1.2. Cancer Treatment Centers

11.1.2.1. Market Revenue and Forecast (2021-2033)

11.1.3. Cosmetic and Dermatology Clinics

11.1.3.1. Market Revenue and Forecast (2021-2033)

11.1.4. Others

11.1.4.1. Market Revenue and Forecast (2021-2033)

Chapter 12. Global Photodynamic Therapy Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.1.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.1.3. Market Revenue and Forecast, by Application (2021-2033)

12.1.4. Market Revenue and Forecast, by End User (2021-2033)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.1.5.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.1.5.3. Market Revenue and Forecast, by Application (2021-2033)

12.1.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.1.6.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.1.6.3. Market Revenue and Forecast, by Application (2021-2033)

12.1.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.2.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.2.3. Market Revenue and Forecast, by Application (2021-2033)

12.2.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.2.5.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.2.5.3. Market Revenue and Forecast, by Application (2021-2033)

12.2.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.2.6.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.2.6.3. Market Revenue and Forecast, by Application (2021-2033)

12.2.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.2.7.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.2.7.3. Market Revenue and Forecast, by Application (2021-2033)

12.2.7.4. Market Revenue and Forecast, by End User (2021-2033)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.2.8.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.2.8.3. Market Revenue and Forecast, by Application (2021-2033)

12.2.8.4. Market Revenue and Forecast, by End User (2021-2033)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.3.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.3.3. Market Revenue and Forecast, by Application (2021-2033)

12.3.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.3.5.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.3.5.3. Market Revenue and Forecast, by Application (2021-2033)

12.3.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.3.6.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.3.6.3. Market Revenue and Forecast, by Application (2021-2033)

12.3.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.3.7.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.3.7.3. Market Revenue and Forecast, by Application (2021-2033)

12.3.7.4. Market Revenue and Forecast, by End User (2021-2033)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.3.8.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.3.8.3. Market Revenue and Forecast, by Application (2021-2033)

12.3.8.4. Market Revenue and Forecast, by End User (2021-2033)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.4.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.4.3. Market Revenue and Forecast, by Application (2021-2033)

12.4.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.4.5.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.4.5.3. Market Revenue and Forecast, by Application (2021-2033)

12.4.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.4.6.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.4.6.3. Market Revenue and Forecast, by Application (2021-2033)

12.4.6.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.4.7.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.4.7.3. Market Revenue and Forecast, by Application (2021-2033)

12.4.7.4. Market Revenue and Forecast, by End User (2021-2033)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.4.8.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.4.8.3. Market Revenue and Forecast, by Application (2021-2033)

12.4.8.4. Market Revenue and Forecast, by End User (2021-2033)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.5.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.5.3. Market Revenue and Forecast, by Application (2021-2033)

12.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.5.5.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.5.5.3. Market Revenue and Forecast, by Application (2021-2033)

12.5.5.4. Market Revenue and Forecast, by End User (2021-2033)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Product Type (2021-2033)

12.5.6.2. Market Revenue and Forecast, by Light Source (2021-2033)

12.5.6.3. Market Revenue and Forecast, by Application (2021-2033)

12.5.6.4. Market Revenue and Forecast, by End User (2021-2033)

Chapter 13. Company Profiles

13.1. Gladerma S.A.

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. Sun Pharmaceutical Industries Ltd.

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Biofrontera

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Novartis AG

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. Valeant Pharmaceuticals International, Inc.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. Quest Pharmatech, Inc.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Hologic, Inc.

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. Lumibird (Quantel Medical)

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Theralase Technologies Inc.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Photocure ASA

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

This report presents a compelling investment opportunity for those interested in the global photodynamic therapy market. It serves as an extensive and informative guide, offering clear insights into this niche market. By delving into the report, you will gain a comprehensive understanding of the various major application areas for photodynamic therapy. Furthermore, it provides crucial information about the key regions worldwide that are expected to experience substantial growth within the forecast period of 2023-2030. Armed with this knowledge, you can strategically plan your market entry approaches.

Moreover, this report offers a deep analysis of the competitive landscape, equipping you with valuable insights into the level of competition prevalent in this highly competitive market. If you are already an established player, it will enable you to assess the strategies employed by your competitors, allowing you to stay ahead as market leaders. For newcomers entering this market, the extensive data provided in this report is invaluable, providing a solid foundation for informed decision-making.

Some of the key questions answered in this report:       

  • What is the size of the overall Photodynamic therapy market and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities and challenges of the Photodynamic therapy market and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Photodynamic therapy market?
  • What is the Photodynamic therapy market size at the regional and country-level?
  • Who are the key market players and their key competitors?
  • What are the strategies for growth adopted by the key players in Photodynamic therapy market?
  • What are the recent trends in Photodynamic therapy market? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Photodynamic therapy market growth?
  • What are the key market trends impacting the growth of Photodynamic therapy market?

 

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

View all posts by Prathamesh →

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