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Photodynamic Therapy Market

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2 years ago

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

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 t...

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a year ago

Photodynamic Therapy Global Market Opportunities And Strategies To 2031: COVID-19 Implications And Growth

Photodynamic Therapy Global Market Opportunities And Strategies To 2031: COVID-19 Implications And Growth from The Business Research Company provides the strategists; marketers and senior management with the critical information they need to assess the global photodynamic therapy market as it emerges from the COVID 19 shut down.

 

 

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Photodynamic Therapy Market

Photodynamic therapy (PDT) is a treatment that involves light-sensitive medicine and a light source to destroy abnormal cells. It can be used to treat some skin and eye conditions, as well as certain types of cancer. Photodynamic therapy (PDT) is a form of phototherapy involving light and a photosensitizing chemical substance used in conjunction with molecular oxygen to elicit cell death.


PDT is a minimally invasive, phototherapeutic treatment used to treat various conditions, including cancer. The therapy uses light energy and a photosensitive drug, or photosensitizer, to kill cells. The photosensitizer is usually administered intravenously and then activated with a specific wavelength of light.


The global photodynamic therapy market was valued at $XX billion in 2019 and is expected to reach $XX billion by 2031, growing at a CAGR of XX% during the forecast period. The growing prevalence of cancer and other chronic diseases is the primary factor driving the growth of this market.


Some of these players are 3M, Allergan, Bausch & Lomb, Biocosmetic Laser Clinic, Carl Zeiss Meditec, and Lumenis.

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