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Hirsutism Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

October 2023 | 138 pages | ID: H456ADEA01CDEN
IMARC Group

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Market Overview:

The global hirsutism market size reached US$ 2.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.3 Billion by 2028, exhibiting a growth rate (CAGR) of 7.2% during 2023-2028.

Hirsutism is a condition affecting females that cause excess hair growth on specific body parts, including the face, neck, chest, stomach, lower back, and thighs. It commonly occurs due to excess male hormones, called androgens, and certain medical conditions, such as polycystic ovary syndrome (PCOS). Hirsutism can be treated with medication, topical hair removal products, or through procedures, such as electrolysis, laser therapy, and hair removal equipment. Balding, acne, deepening voice, receding hairline, decreased breast size, and increased muscle mass are some common symptoms of hirsutism.

Hirsutism Market Trends:

The increasing number of hirsutism cases, especially in older women, across the globe is creating a positive outlook for the market. Hirsutism commonly occurs in postmenopausal women by androgen secretion from adrenal or ovarian tumors. Additionally, the rising incidences of bodily disorders due to the presence of excessive body hair in women can cause cosmetic and psychological problems, which, in turn, is favoring the market growth. Moreover, healthcare professionals and activists are sensitizing the masses about available treatments for hirsutism, which is acting as another growth-inducing factor. Apart from this, the increasing demand for hair removal procedures with lasers and intense pulsed light (IPL) equipment requiring multiple treatment sessions is providing an impetus to the market growth. In line with this, manufacturers are focusing on developing topical metformin-based therapeutics that act as an effective treatment for moderate to severe hirsutism in women with PCOS, which is propelling the market growth. Furthermore, the increasing personal care expenditure due to the growing working women population is positively influencing the market growth. Other factors, including extensive research and development (R&D) activities, growing acceptance of laser hair removal techniques, and the increasing prevalence of PCOS, are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global hirsutism market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on therapy type, products and end user.

Breakup by Therapy Type:

Procedures

Medication

Breakup by Products:

Hair Removal Equipment

Topical Hair Removal Products

Others

Breakup by End User:

Hospitals

Clinics

Others

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alma Lasers Ltd (Sisram Medical Ltd), Alpaya Dermaceuticals, Bayer AG, Cutera Inc., Cynosure Inc., Lumenis Inc., Nisim International Inc. and Sciton Inc.

Key Questions Answered in This Report

1. What was the size of the global hirsutism market in 2022?

2. What is the expected growth rate of the global hirsutism market during 2023-2028?

3. What are the key factors driving the global hirsutism market?

4. What has been the impact of COVID-19 on the global hirsutism market?

5. What is the breakup of the global hirsutism market based on the products?

6. What are the key regions in the global hirsutism market?

7. Who are the key players/companies in the global hirsutism market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL HIRSUTISM MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY THERAPY TYPE

6.1 Procedures
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Medication
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY PRODUCTS

7.1 Hair Removal Equipment
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Topical Hair Removal Products
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Others
  7.3.1 Market Trends
  7.3.2 Market Forecast

8 MARKET BREAKUP BY END USER

8.1 Hospitals
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Clinics
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Others
  8.3.1 Market Trends
  8.3.2 Market Forecast

9 MARKET BREAKUP BY REGION

9.1 North America
  9.1.1 United States
    9.1.1.1 Market Trends
    9.1.1.2 Market Forecast
  9.1.2 Canada
    9.1.2.1 Market Trends
    9.1.2.2 Market Forecast
9.2 Asia-Pacific
  9.2.1 China
    9.2.1.1 Market Trends
    9.2.1.2 Market Forecast
  9.2.2 Japan
    9.2.2.1 Market Trends
    9.2.2.2 Market Forecast
  9.2.3 India
    9.2.3.1 Market Trends
    9.2.3.2 Market Forecast
  9.2.4 South Korea
    9.2.4.1 Market Trends
    9.2.4.2 Market Forecast
  9.2.5 Australia
    9.2.5.1 Market Trends
    9.2.5.2 Market Forecast
  9.2.6 Indonesia
    9.2.6.1 Market Trends
    9.2.6.2 Market Forecast
  9.2.7 Others
    9.2.7.1 Market Trends
    9.2.7.2 Market Forecast
9.3 Europe
  9.3.1 Germany
    9.3.1.1 Market Trends
    9.3.1.2 Market Forecast
  9.3.2 France
    9.3.2.1 Market Trends
    9.3.2.2 Market Forecast
  9.3.3 United Kingdom
    9.3.3.1 Market Trends
    9.3.3.2 Market Forecast
  9.3.4 Italy
    9.3.4.1 Market Trends
    9.3.4.2 Market Forecast
  9.3.5 Spain
    9.3.5.1 Market Trends
    9.3.5.2 Market Forecast
  9.3.6 Russia
    9.3.6.1 Market Trends
    9.3.6.2 Market Forecast
  9.3.7 Others
    9.3.7.1 Market Trends
    9.3.7.2 Market Forecast
9.4 Latin America
  9.4.1 Brazil
    9.4.1.1 Market Trends
    9.4.1.2 Market Forecast
  9.4.2 Mexico
    9.4.2.1 Market Trends
    9.4.2.2 Market Forecast
  9.4.3 Others
    9.4.3.1 Market Trends
    9.4.3.2 Market Forecast
9.5 Middle East and Africa
  9.5.1 Market Trends
  9.5.2 Market Breakup by Country
  9.5.3 Market Forecast

10 SWOT ANALYSIS

10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats

11 VALUE CHAIN ANALYSIS

12 PORTERS FIVE FORCES ANALYSIS

12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes

13 PRICE ANALYSIS

14 COMPETITIVE LANDSCAPE

14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
  14.3.1 Alma Lasers Ltd (Sisram Medical Ltd)
    14.3.1.1 Company Overview
    14.3.1.2 Product Portfolio
  14.3.2 Alpaya Dermaceuticals
    14.3.2.1 Company Overview
    14.3.2.2 Product Portfolio
  14.3.3 Bayer AG
    14.3.3.1 Company Overview
    14.3.3.2 Product Portfolio
    14.3.3.3 Financials
    14.3.3.4 SWOT Analysis
  14.3.4 Cutera Inc.
    14.3.4.1 Company Overview
    14.3.4.2 Product Portfolio
    14.3.4.3 Financials
  14.3.5 Cynosure Inc.
    14.3.5.1 Company Overview
    14.3.5.2 Product Portfolio
  14.3.6 Lumenis Inc.
    14.3.6.1 Company Overview
    14.3.6.2 Product Portfolio
    14.3.6.3 SWOT Analysis
  14.3.7 Nisim International Inc
    14.3.7.1 Company Overview
    14.3.7.2 Product Portfolio
  14.3.8 Sciton Inc.
    14.3.8.1 Company Overview
    14.3.8.2 Product Portfolio

LIST OF TABLES

Table 1: Global: Hirsutism Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Hirsutism Market Forecast: Breakup by Therapy Type (in Million US$), 2023-2028
Table 3: Global: Hirsutism Market Forecast: Breakup by Products (in Million US$), 2023-2028
Table 4: Global: Hirsutism Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 5: Global: Hirsutism Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Hirsutism Market: Competitive Structure
Table 7: Global: Hirsutism Market: Key Players

LIST OF FIGURES

Figure 1: Global: Hirsutism Market: Major Drivers and Challenges
Figure 2: Global: Hirsutism Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Hirsutism Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Hirsutism Market: Breakup by Therapy Type (in %), 2022
Figure 5: Global: Hirsutism Market: Breakup by Products (in %), 2022
Figure 6: Global: Hirsutism Market: Breakup by End User (in %), 2022
Figure 7: Global: Hirsutism Market: Breakup by Region (in %), 2022
Figure 8: Global: Hirsutism (Procedures) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Hirsutism (Procedures) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Hirsutism (Medication) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Hirsutism (Medication) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Hirsutism (Hair Removal Equipment) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Hirsutism (Hair Removal Equipment) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Hirsutism (Topical Hair Removal Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Hirsutism (Topical Hair Removal Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Hirsutism (Other Products) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Hirsutism (Other Products) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Hirsutism (Hospitals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Hirsutism (Hospitals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Hirsutism (Clinics) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Hirsutism (Clinics) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Hirsutism (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Hirsutism (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: North America: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: North America: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: United States: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: United States: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Canada: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Canada: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Asia-Pacific: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Asia-Pacific: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: China: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: China: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Japan: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Japan: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: India: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: India: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: South Korea: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: South Korea: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Australia: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Australia: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Indonesia: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Indonesia: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Others: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Others: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Europe: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Europe: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Germany: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Germany: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: France: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: France: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: United Kingdom: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: United Kingdom: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Italy: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Italy: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Spain: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Spain: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Russia: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Russia: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Others: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Others: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: Latin America: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: Latin America: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: Brazil: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: Brazil: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Mexico: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Mexico: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Others: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Others: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Middle East and Africa: Hirsutism Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Middle East and Africa: Hirsutism Market: Breakup by Country (in %), 2022
Figure 72: Middle East and Africa: Hirsutism Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Global: Hirsutism Industry: SWOT Analysis
Figure 74: Global: Hirsutism Industry: Value Chain Analysis
Figure 75: Global: Hirsutism Industry: Porter's Five Forces Analysis


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