Home / Pharmaceuticals / Photodynamic Therapy Market By Product (Photosensitizer Drugs, Laser Devices), By Application (Ophthalmology, Oncology, Dermatology) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Photodynamic Therapy Market By Product (Photosensitizer Drugs, Laser Devices), By Application (Ophthalmology, Oncology, Dermatology) - Growth, Future Prospects & Competitive Analysis, 2018 – 2026

Published: Dec 2018 | Report Code: 59490-12-18

Industry Outlook

The photodynamic therapy market is set to grow at an impressive rate with a compounded annual growth rate (CAGR) of 5.7% during the forecast period from 2018 to 2026. As per the statistics provided by World Health Organization (WHO), currently 2 to 3 million non-melanoma and 132,000 melanoma skin cancer occurs throughout the globe annually. Photodynamic therapy (PDT) is a treatment option for treating disorders related to skin and eye. It involves the use of a photosensitizing drug which gets stimulated on exposure to light of a certain wavelength for the generation of radical oxygen species which is actively engaged in killing cancerous cells.

Market Synopsis

Photodynamic Therapy Market

Negligible toxicity and ability to product reactive oxygen species to promote cell death in tumors drive the photosensitizer drugs market

Photosensitizer drugs are reigning the product segment for photodynamic therapy market. The inherent attributes possessed by photosensitizer drugs such as negligible toxicity and ability to product reactive oxygen species to promote cell death in cancer cancerous cells drive the photosensitizer drugs market. Third generation photosensitizers are available for the treatment of skin and eye disorders. They are employed for the targeted cell destruction topically and intravenously. Laser devices are required to stimulate the photochemical reaction after the administration of photosensitizer drugs. Laser diode emitting wavelength in the range of 733 nm are widely preferred in the photodynamic therapy.

Photodynamic Therapy Market

Increasing popularity of photoimmunotherapy to propel the oncology market

Presently oncology is leading the application segment for photodynamic therapy (PDT) market. Photoimmunotherapy is a treatment protocol which employs photodynamic therapy in conjunction with immunotherapy for tumor suppression. The combined therapy is useful in the stimulation of immune system which has a synergistic effect in the treatment of metastatic cancer. Photodynamic therapy also prevents cancer by shrinking of blood vessels providing nutrients to the tumor. In dermatology PDT is employed for the treatment of pathological conditions such as acne and psoriasis. Diligent research is being conducted in developing PDT as an antimicrobial therapy due to its ability to kill various drug resistant pathogens occurring on the skin surface and oral cavities. In ophthalmology PDT is employed for the treatment of wet age related macular degeneration (AMD), in which the photosensitizer drug (verteporfin) target the neovasculature that is caused in AMD.

Photodynamic Therapy Market

Rising prevalence of skin cancer to drive the photodynamic therapy market in North America

In the current scenario North America is dominating the regional segment for photodynamic therapy market. According to American Academy of Dermatology (AAD), skin cancer is occurring in 1 in every 5 people in the United States during their lifetime. Rising prevalence of skin cancer and increasing number of diagnostic centers drive the photodynamic therapy market in North America. In Europe the market growth is determined by factors such as increasing number of people suffering with dermatological disorders and domicile of major players such as Allergan, Plc., Galderma S.A. and Biofrontera AG etc. Asia Pacific will be the fastest growing market during the forecast period on account of developing healthcare infrastructure and market expansion opportunities for key players specializing in photosensitizer drugs and laser devices.

Photodynamic Therapy Market

Historical & Forecast Period

2016 – Historical Year

2017 – Base Year

2018-2026 – Forecast Period

This research report presents the analysis of each segment from 2016 to 2026 considering 2017 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments are calculated for the forecast period from 2018 to 2026.

Photodynamic Therapy Market

Report Scope by Segments

In the scope of the report the market is segmented as follows:

By Product (2016–2026; US$ Mn)

  • Photosensitizer Drugs
  • Laser Devices

By Application (2016–2026; US$ Mn)

  • Ophthalmology
  • Oncology
  • Dermatology

Geography Segment (2016–2026; US$ Mn)

  • North America
    • United States
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • GCC
    • Rest of MEA

Pharmaceutical companies actively engaged in providing products for photodynamic therapy are Allergan, Plc., Biofrontera AG, Biolitec AG, Dusa Pharmaceuticals, Galderma S.A., Lumenis, Ltd., PhotoMedex, Inc., Soligenix, Inc., Quest Pharmatech, Inc. and Valeant Pharmaceuticals International, Inc.

Key questions answered in this report

  • What the latest market trends existing in the photodynamic therapy market?
  • What are the market participants involved in the photodynamic therapy market?
  • What are the latest photosensitizer drugs and laser devices employed in the photodynamic therapy?
  • Which product is the fastest and largest growing in the photodynamic therapy market
  • Which application is the leading and fastest growing in the photodynamic therapy market?
  • Which regional segment is the leading and fastest growing in the photodynamic therapy market?

Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

Chapter 2. Executive Summary
2.1. Global Photodynamic Therapy Market Portraiture
2.2. Global Photodynamic Therapy Market, by Product, 2017 (US$ Mn)
2.3. Global Photodynamic Therapy Market, by Application, 2017 (US$ Mn)
2.4. Global Photodynamic Therapy Market, by Geography, 2017 (US$ Mn)

Chapter 3. Photodynamic Therapy Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global Photodynamic Therapy Market, by Key Players, 2017

Chapter 4. Global Photodynamic Therapy Market, by Product
4.1. Overview
4.2. Photosensitizer Drugs
4.3. Laser Devices

Chapter 5. Global Photodynamic Therapy Market, by Application
5.1. Overview
5.2. Ophthalmology
5.3. Oncology
5.4. Dermatology

Chapter 6. Global Photodynamic Therapy Market, by Geography
6.1. Overview
6.2. North America Photodynamic Therapy Market Analysis, 2016 – 2026
6.2.1. North America Photodynamic Therapy Market, by Product, 2016 – 2026 (US$ Mn)
6.2.2. North America Photodynamic Therapy Market, by Application, 2016 – 2026 (US$ Mn)
6.2.3. North America Photodynamic Therapy Market, by Country, 2016 – 2026 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe Photodynamic Therapy Market Analysis, 2016 – 2026
6.3.1. Europe Photodynamic Therapy Market, by Product, 2016 – 2026 (US$ Mn)
6.3.2. Europe Photodynamic Therapy Market, by Application, 2016 – 2026 (US$ Mn)
6.3.3. Europe Photodynamic Therapy Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. Rest of Europe
6.4. Asia Pacific Photodynamic Therapy Market Analysis, 2016 – 2026
6.4.1. Asia Pacific Photodynamic Therapy Market, by Product, 2016 – 2026 (US$ Mn)
6.4.2. Asia Pacific Photodynamic Therapy Market, by Application, 2016 – 2026 (US$ Mn)
6.4.3. Asia Pacific Photodynamic Therapy Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.4.3.1. China
6.4.3.2. Japan
6.4.3.3. Rest of Asia Pacific
6.5. Latin America Photodynamic Therapy Market Analysis, 2016 – 2026
6.5.1. Latin America Photodynamic Therapy Market, by Product, 2016 – 2026 (US$ Mn)
6.5.2. Latin America Photodynamic Therapy Market, by Application, 2016 – 2026 (US$ Mn)
6.5.3. Latin America Photodynamic Therapy Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East and Africa Photodynamic Therapy Market Analysis, 2016 – 2026
6.6.1. MEA Photodynamic Therapy Market, by Product, 2016 – 2026 (US$ Mn)
6.6.2. MEA Photodynamic Therapy Market, by Application, 2016 – 2026 (US$ Mn)
6.6.3. MEA Photodynamic Therapy Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA

Chapter 7. Company Profiles
7.1. Allergan, Plc.
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. Biofrontera AG
7.3. Biolitec AG
7.4. Dusa Pharmaceuticals
7.5. Galderma SA
7.6. Lumenis, Ltd.
7.7. PhotoMedex, Inc.
7.8. Soligenix, Inc.
7.9. Quest Pharmatech, Inc.
7.10. Valeant Pharmaceuticals International, Inc.

FIG. 1 Photodynamic Therapy Market: Research Methodology
FIG. 2 Photodynamic Therapy: Market Segmentation
FIG. 3 Global Photodynamic Therapy Market, by Product, 2017 (US$ Mn)
FIG. 4 Global Photodynamic Therapy Market, by Application, 2017 (US$ Mn)
FIG. 5 Global Photodynamic Therapy Market, by Geography, 2017 (US$ Mn)
FIG. 6 Attractive Investment Proposition: by Geography, 2017
FIG. 7 Competitive Analysis: Global Photodynamic Therapy Market, by Key Players, 2017
FIG. 8 Global Photosensitizer Drugs Market for Photodynamic Therapy, 2016 – 2026 (US$ Mn)
FIG. 9 Global Laser Devices Market for Photodynamic Therapy, 2016 – 2026 (US$ Mn)
FIG. 10 Global Ophthalmology Market for Photodynamic Therapy, 2016 – 2026 (US$ Mn)
FIG. 11 Global Oncology Market for Photodynamic Therapy, 2016 – 2026 (US$ Mn)
FIG. 12 Global Dermatology Market for Photodynamic Therapy, 2016 – 2026 (US$ Mn)
FIG. 13 U.S. Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 14 Canada Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 15 U.K. Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 16 Germany Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 17 Rest of Europe Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 18 China Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 19 Japan Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 20 Rest of Asia Pacific Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 21 Brazil Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 22 Mexico Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 23 Rest of Latin America Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 24 GCC Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)
FIG. 25 Rest of MEA Photodynamic Therapy Market, 2016 – 2026 (US$ Mn)

TABLE 1 Global Photodynamic Therapy Market Portraiture
TABLE 2 Global Photodynamic Therapy Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 3 Global Photodynamic Therapy Market , by Application, 2016 – 2026 (US$ Mn)
TABLE 4 Global Photodynamic Therapy Market, by Geography, 2016 – 2026 (US$ Mn)
TABLE 5 North America Photodynamic Therapy Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 6 North America Photodynamic Therapy Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 7 North America Photodynamic Therapy Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 8 Europe Photodynamic Therapy Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 9 Europe Photodynamic Therapy Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 10 Europe Photodynamic Therapy Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 11 Asia Pacific Photodynamic Therapy Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 12 Asia Pacific Photodynamic Therapy Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 13 Asia Pacific Photodynamic Therapy Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 14 Latin America Photodynamic Therapy Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 15 Latin America Photodynamic Therapy Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 16 Latin America Photodynamic Therapy Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 17 Middle East and Africa Photodynamic Therapy Market, by Product, 2016 – 2026 (US$ Mn)
TABLE 18 Middle East and Africa Photodynamic Therapy Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 19 Middle East and Africa Photodynamic Therapy Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 20 Allergan, Plc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 Biofrontera AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Biolitec AG: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 Dusa Pharmaceuticals: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 Galderma S.A.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 Lumenis, Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 PhotoMedex, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 Soligenix, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 Quest Pharmatech, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 Valeant Pharmaceuticals International, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)

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