Hirsutism Market Size Worth Reach $5.84 Billion By 2032 CAGR 7.3%

Hirsutism Market Size Worth $ 5.84 Billion By 2032 | CAGR: 7.3%


The global hirsutism market size is expected to reach USD 5.84 billion by 2032, according to a new study by Polaris Market Research. The report “Hirsutism Market Share, Size, Trends, Industry Analysis Report, By Treatment Type (Medications, Procedures, Others), By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rising demand for laser hair removal is fuelled by a growing interest in cosmetic procedures and an increasing awareness of beauty standards. Laser hair removal has become a popular choice for addressing unwanted hair and the related cosmetic and psychological issues that individuals may experience. Hair removal procedures accounted for a significant portion of aesthetic treatments, with over 1.8 million procedures performed on both women and men, according to data from the International Society for Aesthetic Plastic Surgery. This trend underscores the strong demand for solutions that provide effective and long-lasting results in managing unwanted hair.

A study conducted by Yale et al. in September 2021 explored the connection between hyper-androgenic women, including those with PCOS, hirsutism, & COVID-19. The research likely investigated the potential effects of COVID-19 on individuals with hormonal disorders like PCOS and hirsutism. The study might have examined factors such as the prevalence of COVID-19 among this specific population, the impact of the virus on their health outcomes, and any potential associations between hyperandrogenism-related conditions and the severity of COVID-19 infections. The findings of such studies contribute valuable insights into the broader implications of COVID-19 on specific patient populations, aiding healthcare professionals in tailoring their approaches to patient care.

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Med Spas contribute to the market by providing specialized cosmetic interventions in a more relaxed and aesthetically pleasing setting. The atmosphere in Med Spas is often curated to offer a comfortable and luxurious experience, creating a sense of indulgence for clients. This setting is aligned with the growing demand for personalized and holistic healthcare experiences. Clients not only seek specific treatments but also desire an environment that enhances their overall satisfaction and contributes to their mental and emotional well-being.

The integration of medical expertise and aesthetic services in Med Spas reflects a broader trend in healthcare, where individuals are increasingly seeking comprehensive solutions that address both medical and cosmetic aspects. This approach aligns with the desire for a more holistic and personalized approach to healthcare, reflecting the evolving preferences of consumers in the wellness and aesthetics industry.

Aesthetic centers provide cosmetic solutions to address hirsutism, offering treatments like laser hair removal and other aesthetic procedures. These clinics are staffed with skilled and certified professionals who are well-versed in the latest products and the adoption of technologically advanced laser hair removal techniques. Experts in dermatology clinics continually update their knowledge about new products and advancements in laser hair removal technology.

Hirsutism Market Report Highlights

  • Medication segment held the largest share, primarily due to rise in use of birth control pills to treat different forms of hirsutism
  • Chin segment expected to grow at the fastest rate, as it is very common sparse facial hairs around jawline
  • North America dominated the market, owing to rise in cases of hirsutism, positive reimbursement scenario, and strong federal support
  • The key market players include Ajanta Pharma, Alma Lasers, Cynosure, Lumenis, Nisim, Sciton International, and Cutera Inc.

Polaris Market Research has segmented the hirsutism market report based on treatment type, application, end use and region:

Hirsutism, Treatment Type Outlook (Revenue - USD Billion, 2019- 2032)

  • Medications
  • Procedures
  • Others

Hirsutism, Application Outlook (Revenue - USD Billion, 2019- 2032)

  • Upper Lip
  • Chin
  • Chest
  • Arms
  • Others

Hirsutism, End Use Outlook (Revenue - USD Billion, 2019- 2032)

  • Hospitals
  • Dermatology Clinics & Aesthetic Centers
  • Others

Hirsutism, Regional Outlook (Revenue - USD Billion, 2019- 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa

Hirsutism Market Report Scope

Report Attributes

Details

Market size value in 2024

USD 3.31 billion

Revenue forecast in 2032

USD 5.84 billion

CAGR

7.3% from 2024 – 2032

Base year

2023

Historical data

2019 – 2022

Forecast period

2024 – 2032

Quantitative units

Revenue in USD million/billion and CAGR from 2024 to 2032

Segments covered

By Treatment Type, By Application, By End Use, By Region

Regional scope

North America, Europe, Asia Pacific, Latin America; Middle East & Africa

Customization

Report customization as per your requirements with respect to countries, region and segmentation.

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  • Regional analysis
  • Segmentation analysis
  • Industry outlook
  • Competitive landscape
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