Global Hirsutism Treatment Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Hirsutism Treatment Market by diagnosis, by treatment, and by end user: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the hirsutism treatment market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. North America dominates the hirsutism treatment market, in terms of value, and is expected to maintain this trend throughout the forecast period.
Rise in prevalence of hirsutism, increasing adaptation of procedures and growing awareness associated with hirsutism treatment are some of the factors driving the market growth.
Technological advancement in treating the hirsutism disease can be the driving factor to expand the market. Furthermore, increased research & development, higher expenditure on personal care or aesthetic beauty and approval for newly developed products are driving the growth of hirsutism market.
Increasing R & D activity and new product development and attracting factors help to higher growth of the market.
• Physical examination is holds highest market share in diagnosis segment as it is convenient method.
• Gynaecology clinics are accounts for largest share in revenue for this market as this disease is associated with women.
• North America dominates the hirsutism market followed by Europe.
• Asia Pacific is expected to grow at higher rate due to rise in disposal income and expenditure on healthcare.
The major companies profiled in the report include Allergan, AbbVie Inc, Bristol-Myers Squibb Company, Bayer AG, Sun Pharmaceutical Industries Ltd., Pfizer Inc.and others.
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