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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Chromhidrosis Treatment Market Outlook
The global chromhidrosis treatment market is being aided by the growth of the skin diseases treatment market, which attained a value of USD 20.83 billion in 2023. In the forecast period of 2024-2032, the skin diseases treatment market is expected to grow at a CAGR of 3.3% to reach a value of USD 27.78 billion by 2032.
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North America Expected to be a Key Contributor to the Global Market for Chromhidrosis Treatment
The increasing number of regulatory approvals for the drugs in North America is expected to increase the demand for chromhidrosis treatment. Botox is predominantly used to decrease eccrine sweat in people with chromhidrosis and is anticipated to contribute to the market growth. With new drugs coming into the market and a rise in the number of procedures for chromhidrosis treatment, Europe is quickly gaining pace in the global market. Injections of botulinum toxin type A help in anti-ageing. Coupled with the rising disposable incomes of customers and ageing demographics, the Asia Pacific is significantly contributing to the market demand.
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Chromhidrosis Treatment: Market Segmentation
Chromhidrosis is a rare condition characterised by the secretion of coloured sweat. The apocrine and eccrine glands are responsible for sweat production in the human body. Chromhidrosis can be caused by various agents like colouring agents used as food additives. It can be treated via botox injections, topical capsaicin cream, liposuction, and other medical and home remedies.
Based on type, the market can be bifurcated into:
- Apocrine Chromhidrosis
- Eccrine Chromhidrosis
- Pseudochromhidrosis
- Others
Based on treatment type, the industry is being segmented into:
- Botox
- Liposuction
- Surgery
- Home Remedies
- Others
Based on route of administration, the market is divided into:
- Topical
- Parental
- Others
Based on end use, the market can be divided into:
- Hospitals and Clinics
- Specialty and Dermatology Clinics
- Others
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Increasing Prevalence of Benign Chronic Conditions is Driving the Market Growth
The increasing prevalence of the benign chronic condition, also known as Hailey-Hailey disease, is a rare skin disease and is driving the global chromhidrosis treatment industry growth. The growth of the market has also been propelled by conditions such as kidney diseases and diabetes, which can contribute to abnormally strong body odours. Easy availability of chemicals like capsaicin is also contributing to the market growth. Capsaicin is found in chilli pepper and causes a sensation of heat activating some nerve cells in the process. Injections of botulinum toxin type A, which are used for the treatment of chromhidrosis, are also known to diminish unwanted facial wrinkles and is, thus, being used extensively by customers, aiding the market growth.
Key Industry Players in the Global Chromhidrosis Treatment Market
The report gives a detailed analysis of the following key players in the global chromhidrosis treatment market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Meditox Co., Ltd.
- Ipsen Group
- AbbVie Inc
- Others
The comprehensive EMR report provides an in-depth assessment of the industry based on Porter's five forces model, along with giving a SWOT analysis.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Type |
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| Breakup by Treatment Type |
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| Breakup by Route of Administration |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global chromhidrosis treatment market is being supported by the growth of the skin diseases treatment market, which reached USD 20.83 billion in 2023.
The global chromhidrosis treatment market is projected to grow at a CAGR of 3.3% between 2024 and 2032, further aiding the chromhidrosis treatment industry.
The global chromhidrosis treatment market is estimated to reach about USD 27.78 billion by 2032 and is expected to continue to drive the growth of the chromhidrosis treatment industry.
The major drivers of the industry, such as the increasing prevalence of benign chronic conditions and easy availability of treating chemicals, are expected to aid the market growth.
The key trend guiding the growth of the market is the rise in the chronic conditions and ageing demographics.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The leading disease types in the industry are apocrine chromhidrosis, eccrine chromhidrosis, and pseudochromhidrosis, among others.
The major treatment types include botox, liposuction, surgery, and home remedies, among others.
The major routes of administrations are topical and parental, among others.
The major end-use segments in the industry are hospitals and clinics and specialty and dermatology clinics, among others.
The major players in the industry are Meditox Co., Inc, Ipsen Group, and AbbVie Inc, among others.
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