Hyperhidrosis Treatment Market Report 2024: Size, Share, Trends, Growth Drivers, Forecast to 2033

Overview and Scope

Hyperhidrosis is a medical condition known for causing abundant sweat production beyond the body’s temperature-regulating needs. It can impact different body areas, such as the underarms, palms, and the soles of the feet. Hyperhidrosis treatment refers to medical interventions and therapies aimed at alleviating or managing the symptoms of hyperhidrosis. Hyperhidrosis treatment aims to improve the quality of life for individuals affected by this condition by reducing or controlling their excessive sweating.

Sizing and Forecast

The hyperhidrosis treatment market size has grown strongly in recent years. It will grow from $1.48 billion in 2023 to $1.58 billion in 2024 at a compound annual growth rate (CAGR) of 7.0%. The growth in the historic period can be attributed to cosmetic concerns, psychosocial impact awareness, regulatory support..

The hyperhidrosis treatment market size is expected to see strong growth in the next few years. It will grow to $1.99 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to patient-centric treatment approaches, global health awareness, advancements in topical therapies, innovations in surgical procedures, inclusion in comprehensive dermatology practices.. Major trends in the forecast period include personalized treatment approaches, technological innovations in medical devices, research and development in oral medications, telemedicine for consultations and follow-ups, collaborations and partnerships..

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Segmentation & Regional Insights

The hyperhidrosis treatment market covered in this report is segmented –

1) By Treatment Type: Topical Treatments, Surgical Treatments, Botulin Toxin A, Iontophoresis, Laser Treatments, Other Treatments
2) By Route of Administration: Oral, Injectable
3) By Disease Type: Axillary hyperhidrosis, Palmar hyperhidrosis, Plantar hyperhidrosis, Other Diseases
4) By Distribution Channel: Hospitals, Ambulatory Surgical Centers, Retail Pharmacies, Online

North America was the largest region in the hyperhidrosis treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hyperhidrosis treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth

The increasing prevalence of diabetes mellitus is expected to propel the growth of the hyperhidrosis treatment market going forward. Diabetes mellitus is a condition that occurs when the body does not create enough insulin or does not respond correctly to insulin, resulting in excessively high blood sugar (glucose) levels. Diabetes may damage the nerves that control sweat glands and cause excessive sweating or hyperhidrosis. Diabetes can make it difficult for a person’s body to maintain a steady temperature and produce the right amount of sweat to keep the body cool. For instance, in December 2021, according to the International Diabetes Federation, a US-based intergovernmental organization, diabetes affected 537 million adults (20–79 years old) in 2021, and it is predicted that the number is going to climb to 643 million people by 2030 and a total of 783 million by 2045. Therefore, the increasing prevalence of diabetes mellitus is driving the hyperhidrosis treatment market.

Key Industry Players

Major companies operating in the hyperhidrosis treatment market report are Pfizer Inc., AbbVie Inc., Sanofi S.A., AstraZeneca Plc, GSK plc, Teva Pharmaceutical Industries Ltd., Mylan N.V., Cynosure LLC, Ipsen SA, Galderma S.A., Merz Pharma GmbH & Co. KGaA, Daewoong Pharmaceutical Co. Ltd., Supernus Pharmaceuticals Inc, Kaken Pharmaceutical Co Ltd, Avanor Healthcare Ltd., HUGEL Inc., Evolus Inc., Revance Therapeutics Inc., Dermira Inc., Sesderma SL, Miramar Labs Inc., Dermavant Sciences Inc., Theravida Inc., SweatBlock, Brickell Biotech Inc., Fresh Tracks Therapeutics Inc., Advin Health Care Inc, Dermadry Laboratories Inc., Ulthera Inc., Dermata Therapeutics Inc.

The hyperhidrosis treatment market report table of contents includes:

1. Executive Summary
2. Hyperhidrosis Treatment Market Characteristics
3. Hyperhidrosis Treatment Market Trends And Strategies
4. Hyperhidrosis Treatment Market – Macro Economic Scenario
5. Global Hyperhidrosis Treatment Market Size and Growth
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32. Global Hyperhidrosis Treatment Market Competitive Benchmarking
33. Global Hyperhidrosis Treatment Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Hyperhidrosis Treatment Market
35. Hyperhidrosis Treatment Market Future Outlook and Potential Analysis
36. Appendix