USD 575.3 million
Global Hyperhidrosis Treatment Market Size, Share, Growth Analysis, By Treatment(Botulinum toxic A, lontophoresis), By Type(Primary focal, secondary generalized), By End User(Hospitals, ambulatory) - Industry Forecast 2024-2031
Report ID:
SQSG35J2014 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|
Tables:
93 |
Figures:
76
Global Hyperhidrosis Treatment Market Insights
Global Hyperhidrosis Treatment Market size was valued at USD 575.3 million in 2019 and is poised to grow from USD 605.1 million in 2023 to USD 950.7 million by 2031, growing at a CAGR of 5.1% in the forecast period (2024-2031).
For treating hyperhidrosis, antiperspirants and topical treatments are the first line of defense. Hyperhidrosis, however, still has no known permanent treatment. There has been a lot of activity in recent years regarding technological and product developments. Companies have been encouraged to invest in this industry by the patients' preference for novel approaches and the growing understanding of the treatment choices.
The prevalence of secondary hyperhidrosis disorders is on the rise, and market participants are increasing their spending in R&D, which are the main drivers of market growth for hyperhidrosis treatments. According to a study by Jared Brackenrich that was published in the National Library of Medicine in October 2021, this disorder is thought to be relatively common in the United States, with an estimated 3% prevalence. Hyperhidrosis can impede social, psychological, emotional, and vocational functioning. Therefore, it is projected that the growing prevalence of hyperhidrosis will increase demand for therapy and consequently accelerate market expansion.
Another aspect that may have an impact on market expansion is the promising therapy pipeline for hyperhidrosis, as well as the presence of advantageous reimbursement policies, rising rates of anxiety and depression, and increased public awareness of hyperhidrosis. As an example, Brickell Biotech Inc. released encouraging topline findings from the Phase 3 pivotal Cardigan I and Cardigan II studies in October 2021. These studies assessed the effectiveness of 15% sofpironium bromide gel as a once-daily topical formulation in people with primary axillary hyperhidrosis.
US Hyperhidrosis Treatment Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
Primary Focal
Fastest Growth
Primary Focal
Growth Rate
5.1% CAGR
Global Hyperhidrosis Treatment Market2022-2028 ($ Bn)
Country Share for North America Region- 2021 (%)
Global Hyperhidrosis Treatment Market Size By Type 2022-2028 ($ Bn)
Global Hyperhidrosis Treatment Market Size By Type 2022-2028 (%)
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Global Hyperhidrosis Treatment Market Segmental Analysis
Hyperhidrosis Treatment Market is segmented based on type of treatment, type of hyperhidrosis, end user, and region. Based on treatment, the Hyperhidrosis Treatment Market is divided into botulinum toxic A, lontophoresis, surgical treatment, tropical treatment, non-surgical microwave energy destruction of sweat glands, and others. Based on hyperhidrosis type, Hyperhidrosis Treatment Market is divided into primary focal and secondary generalized. Based on end user, Hyperhidrosis Treatment Market is divided into hospitals, ambulatory, surgical centers, and others (dermatology clinics & cosmetic centers). Based on region, Hyperhidrosis Treatment Market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Hyperhidrosis Treatment Market Analysis by Type of Treatment
The botulinum toxin A is anticipated to command the largest share in the global market. The US Food and Drug Administration (FDA) approved BOTOX (onabotulinumtoxinA) in 2004 for the treatment of severe primary axillary hyperhidrosis (excessive sweating of the underarms). The sole license to register, sell, and commercialize a botulinum toxin in the US and Canada was obtained by Aquavit Holdings LLC, it was revealed in April 2021. The second largest market share is captured by surgical treatment. The lasers treatment is widely used surgical procedure for treatment.
Hyperhidrosis Treatment Market Analysis by Hyperhidrosis Type
Based on hyperhidrosis type, the secondary generalized segment is anticipated to register the highest growth during the forecast period. It is caused by any medical condition or due to side-effect of any medication. Growing prevalence of depression and anxiety globally is one of the key attributing factor for the growth of the segment.
Global Hyperhidrosis Treatment Market By Type 2021 (%), 2023 (%)
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Global Hyperhidrosis Treatment Market Regional Insights
North America is anticipated to dominate the global hyperhidrosis treatment market. Due to the high prevalence of various illnesses and existence of major market participants in the nation, the United States retains a sizable portion of the market. About 3% of Americans suffer from hyperhidrosis, which most frequently affects people between the ages of 20 and 60. Additionally, the growth of this market in the United States is anticipated to be fueled by rising research and development activities for hyperhidrosis treatment products in the country. This will result in higher acceptance of these products.
The second-largest market for treating hyperhidrosis is in Europe. Some of the elements influencing the expansion in the area are the increased government support for research & development, the rising number of players interested in the creation of innovative therapeutic techniques, and the rising awareness of the illness.
The hyperhidrosis treatment market is expected to develop at the quickest rate in Asia Pacific. The prevalence of illness has been rising in this region. The hyperhidrosis treatment market has expanded significantly due in large part to rising awareness of this illness.
Middle East and Africa has the smallest market because of poor healthcare infrastructure, little disease awareness, and low per capita disposable incomes in developing region.
Global Hyperhidrosis Treatment MarketBy Geography, 2022-2028, 2024-2031
- Largest
- Fastest
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Global Hyperhidrosis Treatment Market Dynamics
Hyperhidrosis Treatment Market Driver
- Healthcare providers are researching radiofrequency microneedling-based hyperhidrosis treatments and the outcomes seen in hyperhidrosis patients. Stakeholders are attempting to determine whether fractional microneedle radiofrequency treatment has long-term benefits, particularly for patients with primary axillary hyperhidrosis. These studies were evaluated using the hyperhidrosis disease severity scale (HDSS), which revealed that patients improved dramatically after treatment.
- Another hyperhidrosis treatment that is gaining popularity among patients is tap water iontophoresis, which involves passing an ionized substance through the skin using a direct electric current. Several clinical trials have revealed significant improvements in patients suffering from plantar and palmar hyperhidrosis. These positive results contributed to patients' improved quality of life and a significant decrease in sweat secretion rate.
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The latest R&D activities associated with the market are gaining attraction globally. For instance,Brickell Biotech Inc. reported positive topline results from the Phase 3 pivotal Cardigan I and Cardigan II studies that evaluated sofpironium bromide gel, 15% as a once-daily topical formulation in patients having primary axillary hyperhidrosis. This boosts the market growth.
Hyperhidrosis Treatment Market Restraints
- One of the major drawbacks of hyperhidrosis treatment, particularly Botulinum toxin injections, is its transient efficacy in patients who become less tolerant to the dosage as they become accustomed to it. Another issue affecting the hyperhidrosis treatment market is the financial burden and psychological distress that patients face because many medical insurance companies do not cover hyperhidrosis treatment.
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Global Hyperhidrosis Treatment Market Competitive Landscape
There are a significant number of participants in the hyperhidrosis treatment market, which is moderately consolidated. Currently, a small subset of the key firms control the majority of the market share. Business organisations are concentrating on organic growth techniques such product launches, product approvals, and others like patents and events. Acquisitions and partnerships & collaborations were two inorganic growth tactics that were observed in the market. The expansion of the companies' operations and clientele of market participants has been made possible by these initiatives. The growing demand for hyperhidrosis treatments in the global market is predicted to provide the market participants in the hyperhidrosis treatment sector with attractive growth prospects in the future. In addition, some major corporations are actively acquiring other businesses to strengthen their market positions globally (Sientra acquired Miramar).
Top Players in the Global Hyperhidrosis Treatment Market
- Allergan PLC
- Cynosure
- GlaxoSmithKline PLC
- Dermira Inc.
- Revance Therapeutics Inc.
- Ulthera Inc.
- Solta Medical Inc.
- Sientra Inc.
- Cutera Inc.
- Syneron Medical Ltd.
- Alma Lasers Ltd.
- Galderma S.A.
- Perrigo Company plc
- L'Oréal S.A.
- Unilever plc
- Procter & Gamble Co.
- Johnson & Johnson
- Colgate-Palmolive Company
- GlaxoSmithKline Consumer Healthcare Ltd.
- Henkel AG & Co. KGaA.
Hyperhidrosis Treatment Market Recent Developments
- In May 2022, Maruho launched Rapport Wipes in Japan, used for the treatment of primary axillary hyperhidrosis. It is the first prescription wipe preparation in the country.
- In October 2022, Candesant Biomedical ("Candesant"), a clinical stage company focused on the development of non-invasive treatments for primary hyperhidrosis (excessive sweating), today announced the "SweatTech Initiative" to raise awareness of the significant impact of excessive sweating, educate on how treatments have evolved over the decades, and demonstrate the ongoing need for more modern treatments.
- With patients who have primary axillary hyperhidrosis, August Wolff GmbH & Co. KG Arzneimittel is assessing the effectiveness and safety of topical administration of 1% glycopyrronium bromide (GPB) as well as the effectiveness and safety of this treatment over the long term. The phase 4 clinical trial began on November 2, 2021, after the phase 3 clinical trial was finished.
- The Topical Aluminium Chloride vs. Onabotulinumtoxina Intradermal Injections in Residual Limb Hyperhidrosis (Lower Limbs) study, which is being conducted by Centrale du Service de santA, just finished its phase 3 clinical trial. The phase 4 clinical trial is scheduled to begin soon.
Global Hyperhidrosis Treatment Key Market Trends
- According to an article published in the International Hyperhidrosis Society in October 2020, excessive sweating of the armpits, hands, feet, head and face (craniofacial) and other relatively small body areas (such as under the breasts) can be treated with onabotulinumtoxinA. When used to treat excessive sweating under the arms, Botox has been shown to reduce sweating by 82-87%. The effects usually appear two to four days after treatment, with the full effects appearing within two weeks. Dryness typically lasts 4 to 12 months, but some studies have found that it can last up to 14 months.
- Numerous studies have shown that it is effective in reducing anxiety. People who received Botox injections at four different sites, for example, reported significantly less anxiety than those who received different treatments for the same conditions, according to a study published in the journal Scientific Reports in 2021. Botox patients were found to have a 22-72% lower risk of anxiety. As a result, the effectiveness of Botox in treating hyperhidrosis, as well as its long-lasting effect, is propelling market growth.
Global Hyperhidrosis Treatment Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Co-relates, and Analyses the Data collected utilizing Primary Exploratory Research backed by the robust Secondary Desk research
According to our analysis, hyperhidrosis treatment market is going to boom in the upcoming years because of increasing awareness and acceptance of hyperhidrosis treatment due to launch of new products and novel treatment options. The botulinum toxin A segment will be dominating the market during the forecast period as it is a safe and effective treatment for focal hyperhidrosis and it last longer than topical treatment and also does not require invasive surgical procedure.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 575.3 million |
| Market size value in 2031 | USD 950.7 million |
| Growth Rate | 5.1% |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Million |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
| Historical Year | 2019 |
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Global Hyperhidrosis Treatment Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Global Hyperhidrosis Treatment Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Global Hyperhidrosis Treatment Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Hyperhidrosis Treatment Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Global Hyperhidrosis Treatment Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Global Hyperhidrosis Treatment Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Global Hyperhidrosis Treatment Market Report Snapshots
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