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The Global Photodynamic Therapy Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Photodynamic Therapy industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Photodynamic Therapy market along with crucial statistical data about the Photodynamic Therapy market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
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.
The current COVID-19 pandemic is expected to have an effect on the growth of the Photodynamic Therapy industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Photodynamic Therapy sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Photodynamic Therapy industry.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Photodynamic Therapy market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Photodynamic Therapy market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Photodynamic Therapy market.
The report covers the following chapters:
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
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
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Photodynamic Therapy Market Segmentation:
Regional Segmentation;
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)
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About Emergen Research
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The Global Photodynamic Therapy Market Report, published by Emergen
Research, offers an industry-wide assessment of the Photodynamic Therapy
market, which is inclusive of the most crucial factors contributing to the
growth of the industry. The latest research report comprises an extensive
analysis of the micro- and macro-economic indicators that influence the global
market development during the forecast period of 2021-2030.
The current trends of the Photodynamic Therapy market, combined with a
wide array of growth opportunities, key drivers, restraints, challenges, and other
critical aspects, have been vividly detailed in the Photodynamic Therapy market
report. Furthermore, the report takes into account various market dynamics,
which, in turn, generate a plethora of developmental prospects for the leading
players involved in the of the Photodynamic Therapy industry.
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