The Latin America, Middle East and Africa Photodynamic Therapy Devices Market would witness market growth of 11.1% CAGR during the forecast period (2023-2030).
The expanding research and development in the analysis of photodynamic treatment present lucrative opportunities. The surge in demand for photosensitizer drugs and equipment for treating various cancer types is projected to drive market growth. PDT has shown promise in treating various cancers, including skin, lung, esophageal, and bladder. Its selective targeting ability minimizes damage to healthy tissues, reducing side effects commonly associated with traditional cancer therapies. In dermatology, PDT treats skin conditions such as actinic keratosis, acne, and certain skin cancers. The non-invasive nature of PDT makes it an attractive option for dermatological applications. PDT is employed in treating certain eye diseases, including age-related macular degeneration (AMD) and certain types of intraocular tumors. Its targeted approach is particularly advantageous in preserving surrounding healthy tissues.
Photodynamic therapy is being explored as a potential treatment for infectious diseases, including antibiotic-resistant infections. Photosensitizing agents can selectively target and eliminate microbial pathogens. In dentistry, PDT is used for periodontal disease treatment and disinfection. The antimicrobial properties of PDT contribute to its effectiveness in eliminating bacteria associated with oral infections. The market is noticing a surge in technological advances, leading to the development of more efficient and user-friendly devices. Innovations in light sources, photosensitizers, and delivery systems enhance treatment outcomes and patient experiences.
As per the Saudi Arabian Monetary Agency, by the end of 2050, 25 percent of Saudi Arabia's total population of 40 million is projected to be 60 or older. Additionally, it is anticipated that during the same period, the population of individuals aged 80 or older will increase by 1.6 million, or 4% of the overall populace. Aging is associated with dermatological concerns like wrinkles, sunspots, and skin laxity. PDT, with its applications in cosmetic dermatology, addresses these concerns, contributing to its adoption among the aging population. Thus, the above aspects will expand the market growth across the region in the upcoming years.
The Brazil market dominated the LAMEA Photodynamic Therapy Devices Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $19.3 million by 2030. The Argentina market is exhibiting a CAGR of 11.7% during (2023 - 2030). Additionally, The UAE market would experience a CAGR of 10.8% during (2023 - 2030).
Free Valuable Insights: The Worldwide Photodynamic Therapy Devices Market is Projected to reach USD 980.8 Million by 2030, at a CAGR of 8.5%
Based on End-use, the market is segmented into Hospitals, Clinics & Dermatology Centers, and Others. Based on Product, the market is segmented into Diode Lasers, and Disposable Fiber Optic Light Delivery Devices. Based on Application, the market is segmented into Cancer, Actinic Keratosis, Acne, Psoriasis, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Boston Scientific Corporation
- Biolitec AG
- Coherent Corp.
- Iridex Corporation
- Candela Corporation (Syneron Medical)
- Cutera, Inc.
- Lumenis Be Ltd.
- Lumibird Medical Nordics Ab (LUMIBIRD)
- Excel Lasers Limited
- Modulight corporation
LAMEA Photodynamic Therapy Devices Market Report Segmentation
By End-use
- Hospitals
- Clinics & Dermatology Centers
- Others
By Product
- Diode Lasers
- Disposable Fiber Optic Light Delivery Devices
By Application
- Cancer
- Actinic Keratosis
- Acne
- Psoriasis
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Photodynamic Therapy Devices Market, by End-use
1.4.2 LAMEA Photodynamic Therapy Devices Market, by Product
1.4.3 LAMEA Photodynamic Therapy Devices Market, by Application
1.4.4 LAMEA Photodynamic Therapy Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. LAMEA Photodynamic Therapy Devices Market, By End-use
4.1 LAMEA Hospitals Market, By Country
4.2 LAMEA Clinics & Dermatology Centers Market, By Country
4.3 LAMEA Others Market, By Country
Chapter 5. LAMEA Photodynamic Therapy Devices Market, By Product
5.1 LAMEA Diode Lasers Market, By Country
5.2 LAMEA Disposable Fiber Optic Light Delivery Devices Market, By Country
Chapter 6. LAMEA Photodynamic Therapy Devices Market, By Application
6.1 LAMEA Cancer Market, By Country
6.2 LAMEA Actinic Keratosis Market, By Country
6.3 LAMEA Acne Market, By Country
6.4 LAMEA Psoriasis Market, By Country
6.5 LAMEA Others Market, By Country
Chapter 7. LAMEA Photodynamic Therapy Devices Market, By Country
7.1 Brazil Photodynamic Therapy Devices Market
7.1.1 Brazil Photodynamic Therapy Devices Market, By End-use
7.1.2 Brazil Photodynamic Therapy Devices Market, By Product
7.1.3 Brazil Photodynamic Therapy Devices Market, By Application
7.2 Argentina Photodynamic Therapy Devices Market
7.2.1 Argentina Photodynamic Therapy Devices Market, By End-use
7.2.2 Argentina Photodynamic Therapy Devices Market, By Product
7.2.3 Argentina Photodynamic Therapy Devices Market, By Application
7.3 UAE Photodynamic Therapy Devices Market
7.3.1 UAE Photodynamic Therapy Devices Market, By End-use
7.3.2 UAE Photodynamic Therapy Devices Market, By Product
7.3.3 UAE Photodynamic Therapy Devices Market, By Application
7.4 Saudi Arabia Photodynamic Therapy Devices Market
7.4.1 Saudi Arabia Photodynamic Therapy Devices Market, By End-use
7.4.2 Saudi Arabia Photodynamic Therapy Devices Market, By Product
7.4.3 Saudi Arabia Photodynamic Therapy Devices Market, By Application
7.5 South Africa Photodynamic Therapy Devices Market
7.5.1 South Africa Photodynamic Therapy Devices Market, By End-use
7.5.2 South Africa Photodynamic Therapy Devices Market, By Product
7.5.3 South Africa Photodynamic Therapy Devices Market, By Application
7.6 Nigeria Photodynamic Therapy Devices Market
7.6.1 Nigeria Photodynamic Therapy Devices Market, By End-use
7.6.2 Nigeria Photodynamic Therapy Devices Market, By Product
7.6.3 Nigeria Photodynamic Therapy Devices Market, By Application
7.7 Rest of LAMEA Photodynamic Therapy Devices Market
7.7.1 Rest of LAMEA Photodynamic Therapy Devices Market, By End-use
7.7.2 Rest of LAMEA Photodynamic Therapy Devices Market, By Product
7.7.3 Rest of LAMEA Photodynamic Therapy Devices Market, By Application
Chapter 8. Company Profiles
8.1 Boston Scientific Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 SWOT Analysis
8.2 Biolitec AG
8.2.1 Company Overview
8.2.2 SWOT Analysis
8.3 Coherent Corp.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Iridex Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expenses
8.4.5 SWOT Analysis
8.5 Candela corporation (Syneron Medical)
8.5.1 Company Overview
8.5.2 SWOT Analysis
8.6 Cutera, Inc.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 SWOT Analysis
8.7 Lumenis Be Ltd.
8.7.1 Company Overview
8.7.2 SWOT Analysis
8.8 Lumibird Medical Nordics Ab
8.8.1 Company Overview
8.8.2 SWOT Analysis
8.9 Excel Lasers Limited
8.9.1 Company Overview
8.9.2 SWOT Analysis
8.10. Modulight Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 SWOT Analysis
TABLE 1 LAMEA Photodynamic Therapy Devices Market, 2019 - 2022, USD Million
TABLE 2 LAMEA Photodynamic Therapy Devices Market, 2023 - 2030, USD Million
TABLE 3 LAMEA Photodynamic Therapy Devices Market, By End-use, 2019 - 2022, USD Million
TABLE 4 LAMEA Photodynamic Therapy Devices Market, By End-use, 2023 - 2030, USD Million
TABLE 5 LAMEA Hospitals Market, By Country, 2019 - 2022, USD Million
TABLE 6 LAMEA Hospitals Market, By Country, 2023 - 2030, USD Million
TABLE 7 LAMEA Clinics & Dermatology Centers Market, By Country, 2019 - 2022, USD Million
TABLE 8 LAMEA Clinics & Dermatology Centers Market, By Country, 2023 - 2030, USD Million
TABLE 9 LAMEA Others Market, By Country, 2019 - 2022, USD Million
TABLE 10 LAMEA Others Market, By Country, 2023 - 2030, USD Million
TABLE 11 LAMEA Photodynamic Therapy Devices Market, By Product, 2019 - 2022, USD Million
TABLE 12 LAMEA Photodynamic Therapy Devices Market, By Product, 2023 - 2030, USD Million
TABLE 13 LAMEA Diode Lasers Market, By Country, 2019 - 2022, USD Million
TABLE 14 LAMEA Diode Lasers Market, By Country, 2023 - 2030, USD Million
TABLE 15 LAMEA Disposable Fiber Optic Light Delivery Devices Market, By Country, 2019 - 2022, USD Million
TABLE 16 LAMEA Disposable Fiber Optic Light Delivery Devices Market, By Country, 2023 - 2030, USD Million
TABLE 17 LAMEA Photodynamic Therapy Devices Market, By Application, 2019 - 2022, USD Million
TABLE 18 LAMEA Photodynamic Therapy Devices Market, By Application, 2023 - 2030, USD Million
TABLE 19 LAMEA Cancer Market, By Country, 2019 - 2022, USD Million
TABLE 20 LAMEA Cancer Market, By Country, 2023 - 2030, USD Million
TABLE 21 LAMEA Actinic Keratosis Market, By Country, 2019 - 2022, USD Million
TABLE 22 LAMEA Actinic Keratosis Market, By Country, 2023 - 2030, USD Million
TABLE 23 LAMEA Acne Market, By Country, 2019 - 2022, USD Million
TABLE 24 LAMEA Acne Market, By Country, 2023 - 2030, USD Million
TABLE 25 LAMEA Psoriasis Market, By Country, 2019 - 2022, USD Million
TABLE 26 LAMEA Psoriasis Market, By Country, 2023 - 2030, USD Million
TABLE 27 LAMEA Others Market, By Country, 2019 - 2022, USD Million
TABLE 28 LAMEA Others Market, By Country, 2023 - 2030, USD Million
TABLE 29 LAMEA Photodynamic Therapy Devices Market, By Country, 2019 - 2022, USD Million
TABLE 30 LAMEA Photodynamic Therapy Devices Market, By Country, 2023 - 2030, USD Million
TABLE 31 Brazil Photodynamic Therapy Devices Market, 2019 - 2022, USD Million
TABLE 32 Brazil Photodynamic Therapy Devices Market, 2023 - 2030, USD Million
TABLE 33 Brazil Photodynamic Therapy Devices Market, By End-use, 2019 - 2022, USD Million
TABLE 34 Brazil Photodynamic Therapy Devices Market, By End-use, 2023 - 2030, USD Million
TABLE 35 Brazil Photodynamic Therapy Devices Market, By Product, 2019 - 2022, USD Million
TABLE 36 Brazil Photodynamic Therapy Devices Market, By Product, 2023 - 2030, USD Million
TABLE 37 Brazil Photodynamic Therapy Devices Market, By Application, 2019 - 2022, USD Million
TABLE 38 Brazil Photodynamic Therapy Devices Market, By Application, 2023 - 2030, USD Million
TABLE 39 Argentina Photodynamic Therapy Devices Market, 2019 - 2022, USD Million
TABLE 40 Argentina Photodynamic Therapy Devices Market, 2023 - 2030, USD Million
TABLE 41 Argentina Photodynamic Therapy Devices Market, By End-use, 2019 - 2022, USD Million
TABLE 42 Argentina Photodynamic Therapy Devices Market, By End-use, 2023 - 2030, USD Million
TABLE 43 Argentina Photodynamic Therapy Devices Market, By Product, 2019 - 2022, USD Million
TABLE 44 Argentina Photodynamic Therapy Devices Market, By Product, 2023 - 2030, USD Million
TABLE 45 Argentina Photodynamic Therapy Devices Market, By Application, 2019 - 2022, USD Million
TABLE 46 Argentina Photodynamic Therapy Devices Market, By Application, 2023 - 2030, USD Million
TABLE 47 UAE Photodynamic Therapy Devices Market, 2019 - 2022, USD Million
TABLE 48 UAE Photodynamic Therapy Devices Market, 2023 - 2030, USD Million
TABLE 49 UAE Photodynamic Therapy Devices Market, By End-use, 2019 - 2022, USD Million
TABLE 50 UAE Photodynamic Therapy Devices Market, By End-use, 2023 - 2030, USD Million
TABLE 51 UAE Photodynamic Therapy Devices Market, By Product, 2019 - 2022, USD Million
TABLE 52 UAE Photodynamic Therapy Devices Market, By Product, 2023 - 2030, USD Million
TABLE 53 UAE Photodynamic Therapy Devices Market, By Application, 2019 - 2022, USD Million
TABLE 54 UAE Photodynamic Therapy Devices Market, By Application, 2023 - 2030, USD Million
TABLE 55 Saudi Arabia Photodynamic Therapy Devices Market, 2019 - 2022, USD Million
TABLE 56 Saudi Arabia Photodynamic Therapy Devices Market, 2023 - 2030, USD Million
TABLE 57 Saudi Arabia Photodynamic Therapy Devices Market, By End-use, 2019 - 2022, USD Million
TABLE 58 Saudi Arabia Photodynamic Therapy Devices Market, By End-use, 2023 - 2030, USD Million
TABLE 59 Saudi Arabia Photodynamic Therapy Devices Market, By Product, 2019 - 2022, USD Million
TABLE 60 Saudi Arabia Photodynamic Therapy Devices Market, By Product, 2023 - 2030, USD Million
TABLE 61 Saudi Arabia Photodynamic Therapy Devices Market, By Application, 2019 - 2022, USD Million
TABLE 62 Saudi Arabia Photodynamic Therapy Devices Market, By Application, 2023 - 2030, USD Million
TABLE 63 South Africa Photodynamic Therapy Devices Market, 2019 - 2022, USD Million
TABLE 64 South Africa Photodynamic Therapy Devices Market, 2023 - 2030, USD Million
TABLE 65 South Africa Photodynamic Therapy Devices Market, By End-use, 2019 - 2022, USD Million
TABLE 66 South Africa Photodynamic Therapy Devices Market, By End-use, 2023 - 2030, USD Million
TABLE 67 South Africa Photodynamic Therapy Devices Market, By Product, 2019 - 2022, USD Million
TABLE 68 South Africa Photodynamic Therapy Devices Market, By Product, 2023 - 2030, USD Million
TABLE 69 South Africa Photodynamic Therapy Devices Market, By Application, 2019 - 2022, USD Million
TABLE 70 South Africa Photodynamic Therapy Devices Market, By Application, 2023 - 2030, USD Million
TABLE 71 Nigeria Photodynamic Therapy Devices Market, 2019 - 2022, USD Million
TABLE 72 Nigeria Photodynamic Therapy Devices Market, 2023 - 2030, USD Million
TABLE 73 Nigeria Photodynamic Therapy Devices Market, By End-use, 2019 - 2022, USD Million
TABLE 74 Nigeria Photodynamic Therapy Devices Market, By End-use, 2023 - 2030, USD Million
TABLE 75 Nigeria Photodynamic Therapy Devices Market, By Product, 2019 - 2022, USD Million
TABLE 76 Nigeria Photodynamic Therapy Devices Market, By Product, 2023 - 2030, USD Million
TABLE 77 Nigeria Photodynamic Therapy Devices Market, By Application, 2019 - 2022, USD Million
TABLE 78 Nigeria Photodynamic Therapy Devices Market, By Application, 2023 - 2030, USD Million
TABLE 79 Rest of LAMEA Photodynamic Therapy Devices Market, 2019 - 2022, USD Million
TABLE 80 Rest of LAMEA Photodynamic Therapy Devices Market, 2023 - 2030, USD Million
TABLE 81 Rest of LAMEA Photodynamic Therapy Devices Market, By End-use, 2019 - 2022, USD Million
TABLE 82 Rest of LAMEA Photodynamic Therapy Devices Market, By End-use, 2023 - 2030, USD Million
TABLE 83 Rest of LAMEA Photodynamic Therapy Devices Market, By Product, 2019 - 2022, USD Million
TABLE 84 Rest of LAMEA Photodynamic Therapy Devices Market, By Product, 2023 - 2030, USD Million
TABLE 85 Rest of LAMEA Photodynamic Therapy Devices Market, By Application, 2019 - 2022, USD Million
TABLE 86 Rest of LAMEA Photodynamic Therapy Devices Market, By Application, 2023 - 2030, USD Million
TABLE 87 Key Information – Boston Scientific Corporation
TABLE 88 Key Information – Biolitec AG
TABLE 89 Key Information – Coherent Corp.
TABLE 90 Key Information – Iridex Corporation
TABLE 91 Key Information – candela corporation
TABLE 92 Key Information – Cutera, Inc.
TABLE 93 key Information – Lumenis Be Ltd.
TABLE 94 Key Information – Lumibird Medical Nordics Ab
TABLE 95 Key Information – Excel Lasers Limited
TABLE 96 Key Information – Modulight Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Photodynamic Therapy Devices Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Photodynamic Therapy Devices Market
FIG 4 Porter’s Five Forces Analysis – Photodynamic Therapy Devices Market
FIG 5 LAMEA Photodynamic Therapy Devices Market share, By End-use, 2022
FIG 6 LAMEA Photodynamic Therapy Devices Market share, By End-use, 2030
FIG 7 LAMEA Photodynamic Therapy Devices Market, By End-use, 2019 - 2030, USD Million
FIG 8 LAMEA Photodynamic Therapy Devices Market share, By Product, 2022
FIG 9 LAMEA Photodynamic Therapy Devices Market share, By Product, 2030
FIG 10 LAMEA Photodynamic Therapy Devices Market, By Product, 2019 - 2030, USD Million
FIG 11 LAMEA Photodynamic Therapy Devices Market share, By Application, 2022
FIG 12 LAMEA Photodynamic Therapy Devices Market share, By Application, 2030
FIG 13 LAMEA Photodynamic Therapy Devices Market, By Application, 2019 - 2030, USD Million
FIG 14 LAMEA Photodynamic Therapy Devices Market share, By Country, 2022
FIG 15 LAMEA Photodynamic Therapy Devices Market share, By Country, 2030
FIG 16 LAMEA Photodynamic Therapy Devices Market, By Country, 2019 - 2030, USD Million
FIG 17 SWOT Analysis: Boston Scientific Corporation
FIG 18 SWOT Analysis: Biolitec AG
FIG 19 SWOT Analysis: Coherent Corp.
FIG 20 SWOT Analysis: Iridex Corporation
FIG 21 SWOT Analysis: Candela Corporation
FIG 22 SWOT Analysis: Cutera, Inc.
FIG 23 SWOT Analysis: Lumenis Be Ltd
FIG 24 SWOT Analysis: Lumibird Medical Nordics Ab
FIG 25 SWOT Analysis: Excel Lasers Limited
FIG 26 SWOT Analysis: Modulight Corporation