Hyperhidrosis Market, 2023 - Trends, Forecasts and Opportunities

Primary axillary hyperhidrosis therapeutics market for the seven major markets is expected to grow to $680.7m by 2023, at a compound annual growth rate (CAGR) of 3.3%

This expected growth is due to increasing awareness of primary axillary hyperhidrosis as a treatable medical condition across the major developed markets, thus resulting in an increased diagnosis rate, and therefore a larger treatment-receiving population.

United States has the most hyperhidrosis cases amongst the major developed countries covered in this report. The reported prevalence rate for hyperhidrosis in the US is approximately 4.8%. Of these sufferers, 65% have axillary hyperhidrosis. In 2013, the reported prevalence rate for primary axillary hyperhidrosis in Japan was 5.75%, meaning nearly 2.23 million people suffered from severe symptoms of primary axillary hyperhidrosis. In 2016 the reported prevalence rate for primary focal hyperhidrosis in Germany was 4.6%. The reported prevalence rate for hyperhidrosis in the UK in 2005 stood at 1.62%. There are more than 1.2 million hyperhidrosis prevalent cases in Spain.

Allergan's Botox is the only approved product to treat primary axillary hyperhidrosis. Botox's major competitors are other botulinum toxin products such as Dysport and Xeomin, which are currently used off-label to treat the condition. Botox's revenue in this indication is expected to decline over the period due to competition from existing off-label products, and an increasing preference for medical devices that can provide permanent treatment for the disease.

Primary Axillary Hyperhidrosis in the Major Developed Markets will Show a Slight Increase in Growth Rate During the Forecast Period

Key Topics Covered:

1. Executive Summary

2. Disease Overview

3. Impact of Hyperhidrosis

4. Treatment Patterns and Management

5. Marketed Products and Competitive Assessment

6. Marketed Medical Devices and Competitive Assessment

7. Unmet Needs and Gap Analysis

8. Pipeline Analysis

9. Pipeline Products

10. Market Size and Forecast (Global, US, Japan, UK, Germany, France, Spain and Italy)

11. Challenges for the Market Growth

12. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/2dm3zl/a_global

Media Contact:

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716