Palmer Hyperhidrosis Treatment Market Outlook, Opportunity and Demand Analysis, Forecast 2018 - 2026

Global Palmer Hyperhidrosis Treatment Market: Overview

Hyperhidrosis is a disorder that results in excessive sweating of palms, soles, or underarms. Palmer hyperhidrosis is excessive and uncontrollable hand sweating and is the most common type of hyperhidrosis. The sweating may range from mild to severe. The condition begins in childhood and may worsen with time. The condition is not life-threatening, but it affects the quality of life individuals. Persons affected with the condition may become self-conscious and socially withdrawn, leading to depression.

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Palmer hyperhidrosis may be caused due to genetic influence or as a result of some medical conditions or reaction to medication. The condition is usually diagnosed with the thermoregulatory sweat test. In the test, a powder sensitive to moisture is applied to the skin, which changes color if excessive sweating occurs at room temperature.

Global Palmer Hyperhidrosis Treatment Market: Key Trends

The palmer hyperhidrosis treatment market is expected to expand at a rapid pace. A rise in the prevalence of hyperhidrosis, increased R&D spending, rich product pipeline, and increase in awareness regarding the condition are major factors expected to drive the global palmer hyperhidrosis treatment market. However, lack of permanent treatment options may act as restraints for the growth of the global palmer hyperhidrosis treatment market.

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Global Palmer Hyperhidrosis Treatment Market: Segmentation

The global palmer hyperhidrosis treatment market can be segmented based on type, treatment, end-user, and region. In terms of type, the market can be classified into primary focal hyperhidrosis and secondary generalized hyperhidrosis. Primary focal hyperhidrosis is excessive sweating that is not caused by any medical conditions or medications. It usually begins in childhood. Secondary generalized hyperhidrosis is caused by medical conditions or side effects of certain medications. The primary focal hyperhidrosis segment held a prominent share of the market in 2017 and is expected to maintain its leading position during the forecast period.

Based on treatment, the global palmer hyperhidrosis treatment market can be divided into topical treatments, surgical treatments, iontophoresis, botulinum toxin A, systemic treatments, and others. The surgical treatments segment dominated the market in 2017, due to high acceptance and success rates of minimally invasive surgical procedures for the treatment of palmer hyperhidrosis in developed countries. According to an article published by NCBI, Endoscopic Thoracic Sympathectomy (ETS) is a widely accepted, safer, and more effective method for the treatment of palmer hyperhidrosis with comparatively higher success rates.

The segment is expected to continue to dominate the market from 2018 to 2026. In terms of end-user, the market can be divide into hospitals, ambulatory surgical centers, and others. The hospitals segment dominated the market in 2017, due to high preference for hospitals for surgical treatments. This segment is expected to dominate the market during forecast period.

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Global Palmer Hyperhidrosis Treatment Market: Regional Analysis

In terms of region, the global palmer hyperhidrosis treatment market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market in 2017, due to high prevalence of palmer hyperhidrosis in the region and rise in awareness regarding the condition. According to the Archives of Dermatological Research, the prevalence of hyperhidrosis is 4.8% i.e. approximately 15.3 million people in the U.S. The market in Asia Pacific is anticipated to expand at a rapid CAGR, owing to a rise in awareness, increase in per capita income, and improvement in health care infrastructure.

Global Palmer Hyperhidrosis Treatment Market: Competitive Landscape

Major players operating in the Palmer Hyperhidrosis Treatment Market include GlaxoSmithKline plc., Ulthera, Inc., TheraVida, Dermira, Inc., Brickell Biotech, Inc., Dr. August Wolff GmbH & Co., Revance Therapeutics, Inc., Allergan, and Miramar Labs, Inc.

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