Hirsutism is stiff or dark body hair, appearing on the body where women don't commonly have hair — primarily the face, chest, lower abdomen, inner thighs and back. It is a condition in women that results in excessive growth of dark or coarse hair in a male-like pattern. People have widely varying opinions on what's considered excessive. When high androgen levels cause hirsutism, other signs might develop over time, a process called virilization. Self-care methods and effective treatment options are available for women who wish to treat hirsutism.
Impact of Covid-19 on the market:
Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicines supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs such as Hydroxychloroquine, have witnessed dramatic surge in demand for the management of COVID-19. Such high demand for these drugs has presented huge opportunity for manufacturers of COVID-19 management drugs, as many developed countries are short of these drugs. Owing to the demand for vaccine and treatment drugs for COVID-19, the pharmaceutical and biotechnology industry is expected to witness a significant growth in the future.
Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis:
Facial hair is considered as undesirable for women worldwide, which has increased the cosmetic as well as psychological problems regarding unwanted hair. This is estimated to drive the hirsutism market growth. Global beauty standards in various cultures do not approve of body hair. Hence, it put immense pressure on the patients to comply with normative beauty and aesthetic standards. These aspects are driving the demand of laser hair removal because of its higher efficacy. Rise in treatment awareness, technological advancements and rise in personal care expenditure along with rise in R&D and new product launches are estimated to drive the hirsutism market growth.
However, alternative methods of hirsutism management, such as topical creams and plucking, are relatively not as effective as laser hair removal and might hinder the hirsutism market growth.
Rise in demand of Hair Removal Equipment:
Hair removal equipment, such as laser and intense pulsed light (IPL) equipment are estimated to drive the market growth. These equipment’s target the hair follicles and give long term results. These treatments require multiple treatment sessions, because the hair needs to be removed during the growth phase.
Development of Technology:
Initially, Intense pulse light (IPL) with square pulse technology was used. With the development of technology the demand for laser hair removal is increasing, owing to its better efficacy, as compared to other methods of hirsutism management. Hence, technology advancements act as one of the growth drivers. However, there is no literature on use of IPL on the Indian skin.
Key Benefits of the Report:
- This study presents the analytical depiction of the global hirsutism.
- hirsutism market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global hirsutism Market share.
- The current market is quantitatively analyzed to highlight the global hirsutism market growth scenario.
- The report provides a detailed global hirsutism Market analysis based on competitive intensity and how the competition will take shape in coming years.
Questions answered in the hirsutism market research report:
- Which are the leading market players active in the hirsutism market since few years?
- What are the driving factors, challenges, and opportunities in the hirsutism market?
- What are the projections for the future that would help in taking further strategic steps?
Hirsutism Market, by Therapy Type Report Highlights
| Aspects | Details |
 By Therapy Type |
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 By End User |
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 By Region |
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 Key Market Players | Sciton Inc., Alma Lasers Ltd,, Wet and Dry Personal Care,, Cynosure Inc.,, Lumenis Inc.,, Nisim Inc.,, Bausch Health Companies Inc. (Solta Medical Inc.),, Ajanta Pharma,, Alpaya Dermaceuticals,, Allergan PLC, |
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