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Photosensitizer Drug Market to Witness Astonishing Growth by 2029

08-12-2023 12:52 PM CET | Health & Medicine

Press release from: Orion Market Research

Photosensitizer Drug Market to Witness Astonishing Growth

Photosensitizer drug market is expected to grow at a significant CAGR during the forecast period. In photodynamic therapy (PDT), photosensitizer medications or photosensitizing chemicals are utilized to treat cancer. When these compounds are exposed to a specific wavelength of light, an active form of oxygen is produced, which kills cancer cells nearby. Porphyrin derivatives, Aminolevulinic acid (ALA), chlorines, are some available porphyrin derivatives. Porphyrin derivative (PD), a first-generation photosensitizer, is effective in treating brain, lung, laryngeal, gastric, cutaneous, and esophageal carcinomas to a degree. Porfimer sodium, also known as Photofrin, is a photosensitizing compound used in PDT for the treatment of esophageal cancer and non-small cell lung cancer. Porphyrin-based second-generation photosensitizers include benzoporphyrins, texaphyrins, purpurins, naphthalocyanines, and phthalocyanines. 5-aminolevulinic acid (ALA) is another extensively used photosensitizer, which is mostly utilized for oral leukoplakia owing to the benefits of low-light dose.

During the forecast period, rising cancer prevalence and the burden of dermatological conditions are expected to drive the global photosensitizer drug market. Head and neck cancer accounted for roughly 4% of all cancers in the US in 2017, according to the American Society of Clinical Oncology (ASCO). According to the estimate, nearly 65,000 people will suffer from head and neck cancer. The demand for photosensitizer medications is expected to rise in the near future as a result of this. Skin infections are quite frequent, ranking fourth among the most common ailments in the world. According to the World Health Organization (WHO), skin cancer accounts for one out of every three cancers diagnosed, and one out of every five Americans will acquire skin cancer during their lifetime, according to Skin Cancer Foundation statistics. The demand for photosensitizer drugs is projected to be driven by the baby boomer group, which is susceptible to a variety of cancers and skin problems.

To Request a Sample of our Report on Photosensitizer Drug Market:  https://www.omrglobal.com/request-sample/photosensitizer-drug-market

Market Coverage

The market number available for - 2022-2029
Base year- 2022
Forecast period- 2023-2029
Segment Covered
Regions Covered- Globally

Competitive Landscape: Galderma S.A., Biofrontera AG, Sun Pharmaceutical Industries Ltd., and Others.

Photosensitizer Drug Market Report Segmentation

By Product 

Porphyrin Derivatives (PD)
Hematoporphyrin Derivative (HpD)
Benzoporphyrin Derivative (BPD)
Others (Texaphyrins)
Aminolevulinic acid (ALA)
Others (Chlorines)

By Application 

Cancer
Basal Cell Carcinoma
Non-small Cell Lung Cancer
Others (Head & Neck Cancer)
Psoriasis
Acne
Others (Actinic Keratosis (AK))

By End-User  

Hospital
Cosmetics & Dermatology Clinics (C&DC)
Others (Cancer Treatment Centers (CCC))

A full Report of Photosensitizer Drug Market is Available @  https://www.omrglobal.com/industry-reports/photosensitizer-drug-market

 Photosensitizer Drug Market by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/photosensitizer-drug-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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