Product Code: ETC6188243 | Publication Date: Sep 2024 | Updated Date: May 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The photodynamic therapy devices market parallels the growth of PDT procedures, with rising demand from hospitals and dermatology clinics. Equipment upgrades and integration of advanced light sources are contributing to market evolution, and reimbursement policies continue to improve device accessibility.
The devices market is evolving with innovations in light sources, including LED- and laser-based platforms. Portability and precision targeting are key trends, with newer devices offering user-friendly interfaces for clinical and even home-based use.
The main challenge in this segment is the limited number of PDT device manufacturers and service providers in Australia. High initial investment, coupled with slow regulatory approval processes, often discourages new entrants. In addition, competition from more established cancer treatment modalities like radiation and chemotherapy further restricts the growth potential of PDT device adoption.
The equipment side of PDT is equally promising, with a need for user-friendly, cost-effective light sources and applicators. Strategic alliances with Australian hospitals or health tech startups could accelerate commercialization and meet the growing clinical demand for minimally invasive therapies.
Photodynamic therapy devices are regulated as Class IIb medical devices under TGA standards. Government funding for cancer treatment infrastructure and programs supporting new treatment modalities enhance the market environment. Inclusion in clinical treatment protocols under the MBS can provide financial sustainability for providers adopting these devices.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Photodynamic Therapy Devices Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Photodynamic Therapy Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Photodynamic Therapy Devices Market - Industry Life Cycle |
3.4 Australia Photodynamic Therapy Devices Market - Porter's Five Forces |
3.5 Australia Photodynamic Therapy Devices Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Australia Photodynamic Therapy Devices Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Australia Photodynamic Therapy Devices Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Australia Photodynamic Therapy Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Photodynamic Therapy Devices Market Trends |
6 Australia Photodynamic Therapy Devices Market, By Types |
6.1 Australia Photodynamic Therapy Devices Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Australia Photodynamic Therapy Devices Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Australia Photodynamic Therapy Devices Market Revenues & Volume, By Diode Lasers, 2021- 2031F |
6.1.4 Australia Photodynamic Therapy Devices Market Revenues & Volume, By Disposable Fiber Optic Light Delivery Devices, 2021- 2031F |
6.2 Australia Photodynamic Therapy Devices Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Australia Photodynamic Therapy Devices Market Revenues & Volume, By Cancer, 2021- 2031F |
6.2.3 Australia Photodynamic Therapy Devices Market Revenues & Volume, By Actinic Keratosis, 2021- 2031F |
6.2.4 Australia Photodynamic Therapy Devices Market Revenues & Volume, By Acne, 2021- 2031F |
6.2.5 Australia Photodynamic Therapy Devices Market Revenues & Volume, By Psoriasis, 2021- 2031F |
6.2.6 Australia Photodynamic Therapy Devices Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Australia Photodynamic Therapy Devices Market, By End-Use |
6.3.1 Overview and Analysis |
6.3.2 Australia Photodynamic Therapy Devices Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.3.3 Australia Photodynamic Therapy Devices Market Revenues & Volume, By Clinics and Dermatology Centers, 2021- 2031F |
6.3.4 Australia Photodynamic Therapy Devices Market Revenues & Volume, By Others, 2021- 2031F |
7 Australia Photodynamic Therapy Devices Market Import-Export Trade Statistics |
7.1 Australia Photodynamic Therapy Devices Market Export to Major Countries |
7.2 Australia Photodynamic Therapy Devices Market Imports from Major Countries |
8 Australia Photodynamic Therapy Devices Market Key Performance Indicators |
9 Australia Photodynamic Therapy Devices Market - Opportunity Assessment |
9.1 Australia Photodynamic Therapy Devices Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Australia Photodynamic Therapy Devices Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Australia Photodynamic Therapy Devices Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Australia Photodynamic Therapy Devices Market - Competitive Landscape |
10.1 Australia Photodynamic Therapy Devices Market Revenue Share, By Companies, 2024 |
10.2 Australia Photodynamic Therapy Devices Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |