Hirsutism Treatment Market to see Huge Growth by 2030

The global hirsutism treatment market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period (2024-2031). Hirsutism is the excessive growth of facial or body hair in women. Hirsutism can be seen as coarse, dark hair that may appear on the face, chest, abdomen, back, upper arms, or upper legs. Hirsutism is a symptom of medical disorders associated with hormones called androgens. According to the World Health Organization (WHO), PCOS affects an estimated 8.0–13.0% of reproductive-aged women. Up to 70% of affected women remain undiagnosed around the globe. Pivotal factors that increased the incidences of hirsutism include excessive production of androgens by the ovaries, and adrenal glands, excessive sensitivity of hair follicles to androgens (genetic), and insulin resistance creates the demand for hirsutism treatment during the forecast period. 

In August 2023, BioSyent Inc’s subsidiary, BioSyent Pharma Inc., commenced the first shipments of Inofolic to the Canadian marketplace. Inofolic is a natural health product, that combines myo-inositol and folic acid in a unique soft-gel capsule for women living with PCOS.  Inofolic has been approved to help improve insulin sensitivity, help prepare for and support pregnancy, help normalize menstrual cycle irregularity, and help reduce acne and hirsutism, in women with PCOS. The increasing product launches and FDA approval boosting the demand for hirsutism treatment in the market.

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Market Coverage

• The market number available for – 2023-2030
• Base year- 2023
• Forecast period- 2024-2031

Segment Covered- 

• By Treatment Type
• By Application
• By End-User

Regions Covered-

• North America
• Europe
• Asia-Pacific
• Rest of the World

Competitive Landscape- including Alma Lasers Ltd, Cynosure Inc., Lumenis Inc., Nisim Inc., and others. 

Hirsutism Treatment Market Report Segment

By Treatment Type

Medications

Procedures

By Application

• Upper Lip
• Chin
• Chest,
• Arms
• Other (Neck, lower back)

By End-User

• Hospitals
• Dermatology Clinics and Aesthetic Centres

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Hirsutism Treatment Market Report Segment by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

• Latin America
• Middle East and Africa 

Company Profiles

• AbbVie Inc.
• Ajanta Pharma
• AlpayaDermaceuticals
• Bayer AG
• Bristol Myers Squibb Co.
• Bausch Health Companies Inc. (Solta Medical Inc.)
• Cutera Inc.
• El.En. S.p.A. (Asclepion Laser Technologies)
• Jubilant Cadista
• Koninklijke Philips N.V.
• Merck & Co., Inc.
• Pfizer Inc.
• Sciton International
• Sun Pharmaceutical Industries Ltd.

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Article source: https://article-realm.com/article/Health-Fitness/56253-Hirsutism-Treatment-Market-to-see-Huge-Growth-by-2030.html