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Hyperhidrosis Treatment Market Size

Report ID: GMI9862 Published Date: June 2024Report Format: PDF
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Hyperhidrosis Treatment Market Size

Hyperhidrosis Treatment Market size in 2023 was valued at USD 671.6 million and is predicted to showcase growth at 5.3% CAGR from 2024 and 2032. One of the primary factors driving the growth of the market is the rising awareness and diagnosis of the condition.

 

Hyperhidrosis Treatment Market

Traditionally, hyperhidrosis was underdiagnosed and undertreated due to a lack of awareness among patients and healthcare providers. However, increasing public health campaigns and educational initiatives are now highlighting the impact of excessive sweating on quality of life, leading more individuals to seek medical advice and treatment.

 

Furthermore, significant advancements in medical technology are fueling the growth of the hyperhidrosis treatment market. Innovative treatments, such as microwave thermolysis (e.g., MiraDry), laser therapies, and iontophoresis devices, offer effective and less invasive options for managing hyperhidrosis. Additionally, the development of novel botulinum toxin formulations and delivery systems has improved the efficacy and duration of injectable treatments. These technological advancements provide patients with more choices and better outcomes, thus driving market expansion.

 

Hyperhidrosis is a medical condition characterized by excessive sweating beyond what is necessary for thermoregulation. It can be either localized (affecting specific areas like the palms, soles, underarms, or face) or generalized (affecting the entire body). It can significantly impact the quality of life, leading to social, emotional, and occupational challenges. The choice of treatment depends on the severity of the condition, the areas affected, and the patient's response to initial therapies.

 

Author: Mariam Faizullabhoy, Gauri Wani
Frequently Asked Question(FAQ) :

What is the size of the hyperhidrosis treatment market?+

Global hyperhidrosis treatment industry was valued at USD 671.6 million in 2023 and is anticipated to register 5.3% CAGR between 2024 and 2032 due to the increasing prevalence of hyperhidrosis and growing awareness and diagnosis rates.

Why is the demand for axillary hyperhidrosis treatment rising?+

The axillary segment in the market held 44.8% revenue share in 2023 due to high prevalence of axillary hyperhidrosis and wide range of effective treatment options that are readily available and widely accepted by both patients and healthcare providers.

How big is the North America hyperhidrosis treatment industry?+

North America hyperhidrosis treatment market size is expected to record 5% CAGR between 2024 and 2032 due to the presence of advanced healthcare infrastructure, technological advancements and ongoing research initiatives.

Who are the leading hyperhidrosis treatment industry players?+

AbbVie Inc., Avanor Healthcare Ltd., Brickell Biotech Inc., Dermadry Laboratories Inc., Dermavant Sciences Inc., Hugel, Inc., Eirion Therapeutics, Inc, Eli Lilly and Company, Intas Pharmaceuticals Ltd and Kaken Pharmaceutical Co., Ltd., among others.

Hyperhidrosis Treatment Market Scope

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