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Photodynamic Therapy Devices Market Trends

  • Report ID: GMI7990
  • Published Date: Jan 2024
  • Report Format: PDF

Photodynamic Therapy Devices Market Trends

Photodynamic therapy devices play a crucial role in the treatment of certain cancer cases. It is commonly employed in the treatment of skin cancers, such as basal cell carcinoma and squamous cell carcinoma. It is also used for certain precancerous lesions and other superficial cancers. The choice of PDT depends on the type, location, and extent of the cancer.
 

  • Photodynamic therapy devices offer a selective and targeted treatment approach. It is particularly advantageous for surface-level tumors and lesions. The photosensitizing agent is preferentially absorbed by the abnormal cells, and upon exposure to light of a specific wavelength, it induces a reaction that selectively destroys the targeted cells.
     
  • Its minimally invasive nature compared to some traditional cancer treatments. It involves the application of a photosensitizing agent, which can be administered topically or systemically, followed by localized light activation. This can result in fewer side effects and a quicker recovery for patients.
     
Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The market size of photodynamic therapy devices reached USD 779.1 million in 2023 and is estimated to cross USD 1.58 billion by 2032, owing to the increasing incidence of various types of cancer.

The diode lasers segment is poised to record 8.2% CAGR from 2024 to 2032, due to continuous technological advancements that improve the efficiency, precision, and safety of diode lasers.

North America market accounted for USD 315.9 million in 2023, as the region has witnessed a rise in the incidence of skin cancers, including basal cell carcinoma and squamous cell carcinoma.

Biolitec AG, Boston Scientific Corporation, Candela Corporation, Coherent Corporation, Cutera Inc., Excel Lasers, IRIDEX Corporation, Lumibird Medical, Modulight USA Inc., and ShangHai Apolo Medical Technology Co., Ltd.

Photodynamic Therapy Devices Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 10
  • Tables & Figures: 132
  • Countries covered: 22
  • Pages: 166
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