Photodynamic Therapy Market Overview
The photodynamic therapy market is estimated to be worth $1.4 billion in 2025 and is expected to grow at CAGR of 6.4% during the forecast period 2025 - 2030.

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According to the World Health Organization, in a year, around 2 million to 3 million individuals suffer from various forms of skin cancers, across the globe. This type of cancer account for 33% of all the diagnosed tumors, globally. It is also worth highlighting that one in every five Americans is likely to develop some form of skin cancer in their lifetime.

 

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Photodynamic Therapy Market Overview

Although efforts are being made to develop safe and effective drugs for the treatment of different types of skin cancer, there is still a pressing need for more specific and potent drugs / therapies to combat this complex clinical condition.