What is Cancer Photodynamic Therapy?
Photodynamic remedy makes use of a drug that is activated with the aid of light, known as a photosensitizer or photosensitizing agent, to kill most cancers cells. The mild can come from a laser or different source, such as LEDs. Photodynamic remedy is additionally known as PDT. Depending on the phase of the physique being treated, the photosensitizing agent is both put into the bloodstream thru a vein and put on the skin. Over a positive quantity of time the drug is absorbed through the most cancers cells. Then mild is utilized to the location to be treated. The mild motives the drug to react and shape a unique variety of oxygen molecule that kills the cells. PDT may additionally assist through destroying the blood vessels that feed the most cancers cells and by using alerting the immune device to assault the cancer.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Theralase Technologies Inc. (Canada), Biofrontera AG (Germany), Hologic Inc. (United States), Bausch Health (Canada), Quest PharmaTech Inc. (Canada), LUMIBIRD (France), Galderma Laboratories L.P. (Switzerland), Sun Pharmaceutical Industries Limited (India), Allergan plc (Ireland) and Modulight Inc. (Finland) |
CAGR | % |
The market study is broken down by Type (Drugs and Devices), by Application (Actinic Keratosis (AK), Cancer, Acne, Psoriasis and Others) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Cancer Photodynamic Therapy market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Theralase Technologies Inc. (Canada), Biofrontera AG (Germany), Hologic Inc. (United States), Bausch Health (Canada), Quest PharmaTech Inc. (Canada), LUMIBIRD (France), Galderma Laboratories L.P. (Switzerland), Sun Pharmaceutical Industries Limited (India), Allergan plc (Ireland) and Modulight Inc. (Finland) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are SUS Advancing Technology Co. Ltd (China), Lumenis Ltd. (Israel), PhotoMedex Inc. (United States), Dusa Pharmaceuticals (United States) and Soligenix Inc. (United States).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Cancer Photodynamic Therapy market by Type, Application and Region.
On the basis of geography, the market of Cancer Photodynamic Therapy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End-users, the sub-segment i.e. Hospitals will boost the Cancer Photodynamic Therapy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Side Effects, the sub-segment i.e. Cough will boost the Cancer Photodynamic Therapy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Trend
- Developing Improved Formulations of Porphyrin-Derivative (PD) Compounds
Market Drivers
- Increasing Prevalence of Skin Cancer
- Advancements in Device Technologies
Opportunities
- Rising Prevalence of Skin Cancer Is Expected To Fuel the Growth of the Photodynamic Therapy Market
Restraints
- High Cost of Photodynamic Therapy Devices
- Stringent Regulatory Policies and Risk Associated With the Photodynamic Therapy
Challenges
- Companies Are Increasing Their Production Capabilities to Improve the Efficacy of Novel Delivery Systems in Photodynamic Therapy
Key Target Audience
Cancer Photodynamic Therapy Provider, Venture Capitalists and Private Equity Firms, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Theralase Technologies Inc. (Canada), Biofrontera AG (Germany), Hologic Inc. (United States), Bausch Health (Canada), Quest PharmaTech Inc. (Canada), LUMIBIRD (France), Galderma Laboratories L.P. (Switzerland), Sun Pharmaceutical Industries Limited (India), Allergan plc (Ireland) and Modulight Inc. (Finland) etc.
2. Can we have customized study for Cancer Photodynamic Therapy Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Cancer Photodynamic Therapy Market by 2027?
Analysts at AMA estimates Cancer Photodynamic Therapy Market to reach USD Million by 2027.