Pune, India, July, 2017 /MRFR Press Release/- Market research future has a half cooked research report on global hirsutism treatment market. The global hirsutism treatment market is growing continuously and expected to grow at a CAGR of 13.6% from 2017 to 2023
Market HighlightsThe global Hirsutism treatment market has been evaluated as a rapidly growing market and it is expected to continue growing in the near future. Hirsutism is a medical condition that causes unwanted and excessive male-pattern hair growth in woman. Hirsutism is mainly caused due to hyperandrogeneism, which may be adrenal or ovarian.About 5-10% of woman population are affected by hirsutism across the globe. Women are getting more conscious about their looks that is encouraging them to opt hirsutism treatment. Increasing awareness and availability of treatments and products are key drivers for the market. Increasing demand from emerging economies of Asia and South America are leading the market growth. Key players of this market are focusing on R&D and new product development to derive innovative, affordable, and safe product for the market. Hospitals are also investing on technology up gradation to provide effective treatments that is another important factor for market growth.The market for hirsutism treatment was around USD 2168.8 million in 2016 and is expected to reach USD 5295.0 million by 2023 which is a projected CAGR of 13.6%.Taste the market data and market information presented through more than 58 market data tables and figures spread over 85 pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Hirsutism Treatment Market Research Report–Global Forecast to 2023.”
Major players in hirsutism treatment market:There are plenty of large and small market players which operate in this market: AbbVie Inc. (US), Allergan (Republic of Ireland), Bayer AG (Germany), Bristol-Myers Squibb Company (US), Jubilant Cadista (US), Pfizer Inc. (US), Sun Pharmaceutical Industries Ltd. (India), and others.
Regional Analysis
:Considering the global scenario of the hirsutism treatment market, there are four main regions, the Americas, Europe, Asia Pacific, and Middle East and Africa.The Americas are holding the largest market share in global hirsutism market. The Americas comprise of North America and South America. North America is dominant region not only in America but also in global market. US is highest revenue generating market in this region. Europe is the second biggest market, especially west European countries like Germany, France, and UK. Increasing awareness of this medical condition and growing demand, Asia Pacific is fastest growing market for hirsutism. Middle East and Africa hirsutism market is expected to have limited growth. Middle Eastern countries are dominating this market due to availability of treatments and rising healthcare expenditure.
Segmentation:Global hirsutism treatment market has been segmented on the basis of type which comprises of idiopathic hirsutism, secondary hirsutism, and others.On the basis of diagnosis, the market is segmented into blood tests, imaging tests, physical examination, and others. Blood tests sub-segmented into testosterone level test, DHEA-sulfate test, and others. Imaging test sub-segmented into ultrasound, CT scan, and others. Physical examination sub-segmented into inspection, auscultation, palpation and percussion, and others.On the basis of treatments, the market has been segmented into medications, procedures, and others. Medication is sub-segmented into oral contraceptives, anti-androgens, topical cream, and others. Procedures includes electrolysis, laser therapy, and others.On the basis of end user, it is segmented into hospitals and clinics, medical research centers, academic institutes, and others.
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