Global Photodynamic Therapy Market Forecast 2025-2030: Growth at 8% CAGR Expected
Global Photodynamic Therapy Market Overview: 2025-2030
Base Year: 2024
Historical Years: 2020-23
Forecast Years: 2025-2030
The Global
Photodynamic Therapy Market size was valued at around USD 2 billion in
2024 and is projected to reach USD 3.2 billion by 2030. Along
with this, the market is estimated to grow at a CAGR of around 8% during
the forecast period, i.e., 2025-30.
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Global Photodynamic Therapy Market
Dynamics: 2025-2030
Global
Photodynamic Therapy Market Driver:
Rising
Prevalence of Cancer & Skin Diseases – The Global Photodynamic Remedy (PDT)
Market is fueled by the growing prevalence of skin cancers and other
malignancies. Skin cancers, specifically basal cellular carcinoma (BCC) and
squamous cellular carcinoma (SCC) are some of the most common cancers globally.
As per the World Health Organization (WHO), approximately 2-3 million
non-melanoma skin cancers and 132,000 melanoma cases are recognized
annually. As the prevalence of these skin cancers increases, the demand for
effective, minimally invasive treatments like PDT is growing. Moreover, in regions
like North America and Europe, populations are more prone to various skin
problems and skin cancer. According to the American Cancer Society,
approximately 97,610 new instances of MSC had been diagnosed nationwide in
2023. Also in Europe Overall, 150,627 people were diagnosed with Melanoma skin
cancer (MSC) in 2020.
In addition to
its oncology programs, PDT is being explored for less non-cancerous
indications, which include actinic keratosis, pimples, and age-associated
macular degeneration. PDT remedies offer patients fewer side effects, quicker
recovery times, and reduced healthcare prices in assessment to conventional
remedies like surgical processes, radiation, or chemotherapy. This convergence
of factors positions PDT as a key participant in the evolving cancer
treatment landscape.
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Global Photodynamic Therapy Market (2025-30):
Segmentation Outlook
The market
report has segmented the market into the following categories:
By Product Type
-Photosensitizer
Drugs - Market Size & Forecast 2020-2030F, USD Million
-Porphyrin
Derivatives – Market Size & Forecast 2020-2030F, USD Million
-Hematoporphyrin
Derivatives – Market Size & Forecast 2020-2030F, USD Million
-Benzoporphyrin
Acid – Market Size & Forecast 2020-2030F, USD Million
-Texaphyrins –
Market Size & Forecast 2020-2030F, USD Million
-Aminolevulinic
acid – Market Size & Forecast 2020-2030F, USD Million
-Chlorins –
Market Size & Forecast 2020-2030F, USD Million
-Others – Market
Size & Forecast 2020-2030F, USD Million
-Photodynamic
Therapy Devices - Market Size & Forecast 2020-2030F, USD Million
-Disposable
Fiberoptics Light Delivery Device – Market Size & Forecast 2020-2030F, USD
Million
-Diode Laser –
Market Size & Forecast 2020-2030F, USD Million
-Lamp – Market
Size & Forecast 2020-2030F, USD Million
By Application
-Cancer- Market
Size & Forecast 2020-2030F, USD Million
-Actinic
Keratosis- Market Size & Forecast 2020-2030F, USD Million
-Acne- Market
Size & Forecast 2020-2030F, USD Million
-Psoriasis-
Market Size & Forecast 2020-2030F, USD Million
-Others- Market
Size & Forecast 2020-2030F, USD Million
The cancer segment currently holds around
60% of the Global Photodynamic Therapy Market.
By End User
-Hospitals-
Market Size & Forecast 2020-2030F, USD Million
-Clinics and
Dermatology Center- Market Size & Forecast 2020-2030F, USD Million
-Others- Market
Size & Forecast 2020-2030F, USD Million
By Region
-North America
-South America
-Europe
-The Middle East
& Africa
-Asia-Pacific.
North America accounts for nearly 30% of
the Global Photodynamic Therapy Market largely due to its superior clinical
technology adoption, high healthcare spending, and well-established healthcare
infrastructure.
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Top Companies Operating in the Global
Photodynamic Therapy Market:
Biofronterra AG,
Lumibird, Sun Pharmaceutical Industries Ltd., Galderma, Advanz Pharma, Rakuten
Medical, Nanospectra Biosciences, Theralase Technologies Inc., Modulight
Corporation, Novartis AG, Luzitin S.A, Steba Biotech, Biolitec Pharma,
Photoatomic and Others.
Industry
Recent Development:
- June 2024: Biofrontera AG launched the RhodeXL lamp with
Ameluz (aminolevulinic acid hydrochloride) topical gel for patients
suffering from actinic keratosis to strengthen their product portfolio.
- February 2023: Galderma collaborated with German
Medical Engineering (GME) to promote their photosensitizer drug, Metvix.
This helped the company to strengthen its brand presence globally.
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