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.
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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.
Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
- Segment Covered-
o By Treatment Type
o By Application
o By End-User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
Competitive Landscape- including Alma Lasers Ltd, Cynosure Inc., Lumenis Inc., Nisim Inc., and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global 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 Centers
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Hirsutism Treatment Market Report Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- AbbVie Inc.
- Ajanta Pharma
- AlpayaDermaceuticals
- Bayer AG
- Bristol Myers Squibb Co.
- Bausch Health Companies Inc. (Solta Medical Inc.)
- Cutera Inc.
- En. S.p.A. (Asclepion Laser Technologies)
- Jubilant Cadista
- Koninklijke Philips N.V.
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