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Photodynamic Therapy Market: Size, Share, Growth Status, Emerging Technology, Key Players, Industry Challenges, and Forecast Till 2032 Featuring Gladerma S.A., Sun Pharmaceutical Industries Ltd., and Biofrontera

08-05-2025 04:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Photodynamic Therapy Market

Photodynamic Therapy Market

The Photodynamic Therapy Market is witnessing significant advancements driven by technological innovations and increasing adoption across various therapeutic applications. As healthcare providers prioritize minimally invasive treatment options, photodynamic therapy (PDT) has emerged as a critical modality offering targeted efficacy with reduced side effects. The rising prevalence of skin cancers and chronic wounds alongside expanding indications in oncology and dermatology are shaping the industry landscape. The Global Photodynamic Therapy Market size is estimated to be valued at USD 1.2 billion in 2025 and is expected to reach USD 1.9 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.6% from 2025 to 2032.

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➤Analyst Opinion

● The supply-side dynamics in the photodynamic therapy market are influenced by increased production capacities of photosensitizing agents and light delivery systems. For instance, production output of next-generation photosensitizers grew by 12% in 2024, enhancing availability for emerging clinical applications.
● Demand-side indicators reveal a surge in PDT adoption in oncology, with over 30% year-on-year increase in hospital-based PDT procedures reported in the U.S. in 2025. This is propelled by expanding clinical guidelines endorsing PDT for non-melanoma skin cancers and early-stage lung cancers.
● Pricing strategies are evolving as manufacturers introduce cost-effective light-emitting diode (LED) devices, reducing treatment costs by approximately 15% compared to traditional laser systems, thereby broadening the market scope and accessibility worldwide.
● Micro-indicators such as increasing outpatient PDT sessions and integration with immunotherapy have propelled market growth. Clinical trials in 2024 involving combined PDT and checkpoint inhibitors demonstrated a 25% improvement in patient response rates, signaling new use cases and revenue opportunities.

➤Market Taxonomy and Regional coverage of Report

● Comprehensive Taxonomy of the Report:
» By Photosensitizer Type: Porphyrins, Chlorins, Phthalocyanines, Others
» By Application: Oncology, Dermatology, Ophthalmology, Dentistry, Others
» By End-User: Hospitals, Clinics, Ambulatory Surgical Centers, Others
● Regional and Country Analysis:
» North America: U.S. and Canada
» Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
» Europe: Germany, U.K., Spain, France, Italy, Benelux, Denmark, Norway, Sweden, Russia, and Rest of Europe
» Asia Pacific: China, Taiwan, India, Japan, South Korea, Indonesia, Malaysia, Philippines, Singapore, Australia, and Rest of Asia Pacific
» Middle East & Africa: Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Israel, South Africa, North Africa, Central Africa, and Rest of MEA

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➤Leading Companies of the Market

● Gladerma S.A.
● Sun Pharmaceutical Industries Ltd.
● Biofrontera
● Novartis AG
● Valeant Pharmaceuticals International, Inc.
● Quest Pharmatech, Inc.
● Hologic, Inc.
● Lumibird (Quantel Medical)
● Theralase Technologies Inc.
● Photocure ASA
● Biolitec AG
● IPG Photonics Corporation
Several leading companies have adopted strategic collaborations and innovation-led growth strategies. For example, Gladerma S.A. recently expanded its R&D capabilities through a joint venture focusing on next-gen photosensitizers, resulting in a 20% increase in patent filings in 2024. Similarly, Sun Pharmaceutical Industries Ltd. leveraged acquisitions to enhance its photodynamic therapy product portfolio, which contributed to a 15% revenue uplift in emerging markets during the same period.

➤Key Growth Drivers Fueling Market Expansion

Key growth drivers underpinning the photodynamic therapy market include increasing prevalence of skin cancer and precancerous lesions, which have fueled demand for non-invasive treatments with better patient outcomes. Advancements in photosensitizer chemistry and light delivery technologies are expanding treatment efficacy and application scope, as evidenced by a 22% rise in PDT procedure success rates reported in 2025 clinical studies. Furthermore, growing awareness and acceptance among dermatologists and oncologists, supported by favorable reimbursement policies in North America and Europe, are accelerating market penetration. Lastly, burgeoning investments in emerging markets, particularly in Asia Pacific, are driving market revenue growth, with countries like China and India reporting double-digit CAGR in PDT adoption over 2024-2025.

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➤Key Reasons for Buying the Photodynamic Therapy Market Report

✦ Comprehensive analysis of the changing competitive landscape
✦ Assists in decision-making processes for the businesses along with detailed strategic planning methodologies
✦ The report offers forecast data and an assessment of the Photodynamic Therapy Market
✦ Helps in understanding the key product segments and their estimated growth rate
✦ In-depth analysis of market drivers, restraints, trends, and opportunities
✦ Comprehensive regional analysis of the Photodynamic Therapy Market
✦ Extensive profiling of the key stakeholders of the business sphere
✦ Detailed analysis of the factors influencing the growth of the Photodynamic Therapy Market

➤ Emerging Trends and Market Shift

Recent years have seen a marked shift towards personalized PDT protocols integrating real-time dosimetry and imaging, enhancing treatment precision. The integration of artificial intelligence to optimize light dosages is gaining traction, with pilot programs in 2024 showing a 15% reduction in treatment durations. Additionally, the expansion of PDT indications beyond dermatology into ophthalmology and dentistry is diversifying market applications. The rise of home-use PDT devices, supported by regulatory clearances in Europe and the U.S., indicates a trend towards decentralized therapy models, which is expected to reshape market dynamics and increase patient accessibility.

➤High-Impact Market Opportunities by Segment and Region

In the photosensitizer type segment, chlorins present a high-impact opportunity due to their superior tissue penetration and reduced side effects, capturing a growing share of PDT applications in oncology. Within application segments, dermatology remains the largest revenue contributor driven by rising incidences of actinic keratosis and basal cell carcinoma, with new formulations improving efficacy. Ambulatory surgical centers as an end-user segment offer expansion potential given their cost efficiency and increasing adoption of outpatient PDT treatments. Regionally, Asia Pacific emerges as a promising market opportunity, propelled by increasing healthcare infrastructure investments and rising awareness of photodynamic therapy benefits, with countries like China recording a 12% growth rate in treatment adoption in 2025.

❓ Frequently Asked Questions

1. Who are the dominant players in the Photodynamic Therapy Market?
Leading companies include Gladerma S.A., Sun Pharmaceutical Industries Ltd., Biofrontera, Novartis AG, and Valeant Pharmaceuticals International, Inc., among others, driving innovation and market expansion.

2. What will be the size of the Photodynamic Therapy Market in the coming years?
The market size is projected to grow from USD 1.2 billion in 2025 to USD 1.9 billion by 2032, reflecting a CAGR of 8.6% during this period.

3. Which end-user industry has the largest growth opportunity?
Hospitals and ambulatory surgical centers represent significant growth opportunities due to increasing adoption of PDT for oncology and dermatology applications.

4. How will market development trends evolve over the next five years?
Trends point towards personalized therapy protocols, AI integration for treatment optimization, and expansion into new therapeutic areas such as ophthalmology and dentistry.

5. What is the nature of the competitive landscape and challenges in the Photodynamic Therapy Market?
The competitive landscape is characterized by innovation-driven strategies and strategic collaborations, while challenges include high initial costs and regulatory complexities in emerging applications.

6. What go-to-market strategies are commonly adopted in the Photodynamic Therapy Market?
Strategies include product portfolio expansion through acquisitions, partnerships for R&D, and geographic market penetration focusing on emerging regions with growing healthcare infrastructure.
This comprehensive Photodynamic Therapy Market report provides critical market insights, enabling stakeholders to make informed decisions backed by data-driven market share analysis, growth forecasts, and detailed market dynamics.

Author of this marketing PR :
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc.

About Us:
Coherent Market Insights leads into data and analytics, audience measurement, consumer behaviors, and market trend analysis. From shorter dispatch to in-depth insights, CMI has exceled in offering research, analytics, and consumer-focused shifts for nearly a decade. With cutting-edge syndicated tools and custom-made research services, we empower businesses to move in the direction of growth. We are multifunctional in our work scope and have 450+ seasoned consultants, analysts, and researchers across 26+ industries spread out in 32+ countries.

Contact Us:

Mr. Shah
Coherent Market Insights
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Suite 400, Burlingame,
CA 94010, United States
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