Rising incidences of hyperhidrosis, initiatives by non-profit organizations for awareness and treatments, increasing treatment alternatives, and rise in expenditure on research and development by leading players of the industry are key factors contributing to high CAGR of hyperhidrosis treatment market during the forecast period.

According to the current analysis of Reports and Data, the global hyperhidrosis treatment market was valued at USD 1.27 Billion in 2019 and is expected to reach USD 2.10 Billion by the year 2027, at a CAGR of 6.0%. Hyperhidrosis is a severe disorder in which the patient faces excessive sweating issues which are independent of environmental conditions and thermoregulatory needs. There are two basic types of medical condition in this illness- primary focal and secondary generalized hyperhidrosis. Diaphoresis, which is a severe form of extreme, abnormal sweating is also known as secondary hyperhidrosis. The increasing awareness about the various types of treatment alternatives available to permanently cure in case of severe perspiration and to improve the quality of life in case of minor perspiration, is expected to bring traction to the hyperhidrosis treatment industry. Also there are updated reimbursement implications for hyperhidrosis expenditure in multiple regions. For instance, in U.S. recently in 2019, a reimbursement scheme code was released for operating procedures and medications, ICD-10-CM is the diagnosis code.

The global pharma healthcare market revenue growth is mainly driven by factors such as increasing research development activities in the healthcare sector, rapid adoption of digital technologies, growing demand for advanced point-of-care diagnostics, and rising trends of telehealth and telemedicine. The COVID-19 pandemic has led to acute healthcare supply shortage, and rapid spread of the SARS-CoV-2 infection and rising government initiatives to develop COVID-19 vaccines have further driven market revenue growth.

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Top companies profiled in the report:

Allergan (Ireland), Brickell Biotech, Inc. (U.S), Dermira, Inc. (U.S), GlaxoSmithKline plc (UK), Revance Therapeutics , Inc. (U.S), Ulthera, Inc. (U.S), Dr. August Wolff GmbH (Germany), TheraVida, Sientra Inc. (U.S)

Global Hyperhidrosis Treatment Market: Regional Outlook

• North America
  • S.
  • Canada
• Europe
  • K.
  • Germany
  • France
  • Italy
  • Spain
• Asia Pacific
  • India
  • China
  • Japan
  • Australia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Argentina
  • Peru
  • Mexico
  • Rest of Latin America
• Middle East Africa
  • Saudi Arabia
  • South Africa
  • A.E
  • Rest of Middle East Africa

Global Hyperhidrosis Treatment Market Segmentation:

By Type:

Disease type Outlook (Revenue in Million USD; 2017–2027)

• Primary Focal Hyperhidrosis
• Palmar Hyperhidrosis
• Plantar Hyperhidrosis
• Others

Treatment Type Outlook (Revenue in Million USD; 2017–2027)

• Medications
• Antiperspirants
• Prescription strength antiperspirants
• Over-the-counter antiperspirants 
• Anticholinergics
• Botox (botulinum toxin) – A
• Physiotherapy
• Surgical Treatments
• Invasive Treatments
• Non-invasive Treatments
• Laser Treatments
• Microwave Energy Destruction of Sweat Glands

Distribution Channel (Revenue in Million USD; 2017–2027)

• Hospital Pharmacy
• Retail Pharmacy
• Online Prescription Stores

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Further key findings from the report suggest

• For primary focal hyperhidrosis treatment, there is only one FDA approved injection in the industry which is the botox injection by Allergan. It held the highest market share in the previous year’s numbers registered for this segment. Other rising players in the industry for botox medication includes Dysport, and Xeomin, which are currently sold off-labeled in the market.
• Various new treatment methods such as microwave therapy are providing impetus to the industry due to its effectiveness for removing excessive sweat problems permanently. miraDry launched by Miramar Labs is an effective solution for sweating disorders.
• Leading companies are into new product development for bringing up better products for the target illness treatment. For instance, Candela Corp. is engaged in development of a laser therapy for primary hyperhidrosis treatment. It is a laser treatment device especially made for axillary hyperhidrosis relief. However the response towards the device by patients is expected to be slow.
• The physiotherapy type segment of treatments is anticipated to grow gradually with the increasing awareness of physiotherapy techniques such as iontophoresis in the hyperhidrosis treatment market with an expected CAGR of 6.3% and estimated market value of USD 240.1 million in 2026.
• North America remains the key revenue generating geographical segment in hyperhidrosis treatment market. The geographical segment accounted for USD 388.7 million in 2018. Availability of research funds from public as well as private sources, availability of state-of-art technologies, presence of key market players in the region, favorable reimbursements scenarios for excessive sweating based diagnostics, rising focus on precision medicine, and rising awareness about presence of safer medicines, are among the key factors driving the market growth for Hyperhidrosis Treatment in this region

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