Yes — that’s exactly what Photos Backup Anywhere is designed to do.
The app creates file-system-level backups of each individual photo and video from your Photos library. Every asset is exported as a real file on disk (HEIC, JPEG, MOV, etc.), not a database blob or package, so you can browse, copy, verify, and back them up with standard tools.
In addition, the app keeps a small SQLite database alongside the files to track metadata (including edits, albums, and relationships like Live Photos), which allows accurate restores and verification while still giving you transparent, plain-files access to your media.