Hirsutism Market Report by Therapy Type (Procedures, Medication), Products (Hair Removal Equipment, Topical Hair Removal Products, and Others), End User (Hospitals, Clinics, and Others), and Region 2024-2032

Hirsutism Market Report by Therapy Type (Procedures, Medication), Products (Hair Removal Equipment, Topical Hair Removal Products, and Others), End User (Hospitals, Clinics, and Others), and Region 2024-2032

Report Format: PDF+Excel | Report ID: SR112024A6572
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Market Overview:

The global hirsutism market size reached US$ 3.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.29% during 2024-2032.

Report Attribute
 Key Statistics
Base Year
Forecast Years
Historical Years
Market Size in 2023 US$ 3.0 Billion
Market Forecast in 2032 US$ 5.3 Billion
Market Growth Rate (2024-2032) 6.29%

Hirsutism is a condition affecting females that cause excess hair growth on specific body parts, including the face, neck, chest, stomach, lower back, and thighs. It commonly occurs due to excess male hormones, called androgens, and certain medical conditions, such as polycystic ovary syndrome (PCOS). Hirsutism can be treated with medication, topical hair removal products, or through procedures, such as electrolysis, laser therapy, and hair removal equipment. Balding, acne, deepening voice, receding hairline, decreased breast size, and increased muscle mass are some common symptoms of hirsutism.

Global Hirsutism Market

Hirsutism Market Trends:

The increasing number of hirsutism cases, especially in older women, across the globe is creating a positive outlook for the market. Hirsutism commonly occurs in postmenopausal women by androgen secretion from adrenal or ovarian tumors. Additionally, the rising incidences of bodily disorders due to the presence of excessive body hair in women can cause cosmetic and psychological problems, which, in turn, is favoring the market growth. Moreover, healthcare professionals and activists are sensitizing the masses about available treatments for hirsutism, which is acting as another growth-inducing factor. Apart from this, the increasing demand for hair removal procedures with lasers and intense pulsed light (IPL) equipment requiring multiple treatment sessions is providing an impetus to the market growth. In line with this, manufacturers are focusing on developing topical metformin-based therapeutics that act as an effective treatment for moderate to severe hirsutism in women with PCOS, which is propelling the market growth. Furthermore, the increasing personal care expenditure due to the growing working women population is positively influencing the market growth. Other factors, including extensive research and development (R&D) activities, growing acceptance of laser hair removal techniques, and the increasing prevalence of PCOS, are anticipated to drive the market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global hirsutism market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on therapy type, products, and end user.

Breakup by Therapy Type:

  • Procedures
  • Medication

Breakup by Products:

  • Hair Removal Equipment
  • Topical Hair Removal Products
  • Others

Breakup by End User:

  • Hospitals
  • Clinics
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Alma Lasers Ltd (Sisram Medical Ltd), Alpaya Dermaceuticals, Bayer AG, Cutera Inc., Cynosure Inc., Lumenis Inc., Nisim International Inc. and Sciton Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Units US$ Billion
Segment Coverage Therapy Type, Products, End User, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Alma Lasers Ltd (Sisram Medical Ltd), Alpaya Dermaceuticals, Bayer AG, Cutera Inc., Cynosure Inc., Lumenis Inc., Nisim International Inc. and Sciton Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 3899
Five User License: US$ 4899
Corporate License: US$ 5899
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Key Questions Answered in This Report

The global hirsutism market was valued at US$ 3.0 Billion in 2023.

We expect the global hirsutism market to exhibit a CAGR of 6.29% during 2024-2032.

The growing incidences of bodily disorders among females that can cause excess hair growth on their face, neck, chest, stomach, lower back, thighs, etc., are primarily driving the global hirsutism market.

The sudden outbreak of the COVID-19 pandemic had led to the postponement of elective hirsutism treatment procedures to reduce the risk of the coronavirus infection upon hospital visits and interaction with healthcare professionals or medical equipment, thereby negatively impacting the global market for hirsutism.

Based on the products, the global hirsutism market can be segregated into hair removal equipment, topical hair removal products, and others. Currently, topical hair removal products account for the majority of the total market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global hirsutism market include Alma Lasers Ltd (Sisram Medical Ltd), Alpaya Dermaceuticals, Bayer AG, Cutera Inc., Cynosure Inc., Lumenis Inc., Nisim International Inc., and Sciton Inc.

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Hirsutism Market Report by Therapy Type (Procedures, Medication), Products (Hair Removal Equipment, Topical Hair Removal Products, and Others), End User (Hospitals, Clinics, and Others), and Region 2024-2032
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