Hidradenitis Suppurativa Market Value is probable to reach US$2.24 billion by 2030.

Hidradenitis Suppurativa, according to the National Organization of Rare Disorders, is a chronic disorder characterized by swelling, painful lesions in the armpit, groin, anal, and breast regions. It is a painful and long-term skin ailment that causes abscesses and scars. Patients with this ailment may present with acute abscesses, but it frequently evolves to a chronic state with persistent discomfort, sinus tract fistula formation, and scarring. Disease severity is stratified using the Hurley staging system: Stage I involves abscess formation without sinus tracts or scarring; Stage II involves recurrent abscesses with sinus tracts and scarring; and Stage III involves diffuse or multiple interconnected sinus tracts and abscesses. In 2022, the global hidradenitis suppurativa market was valued at US$1.46 billion, and is probable to reach US$2.24 billion by 2030.

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Global hidradenitis suppurativa market is dominated by AbbVie Inc., whose product Humira is the sole FDA-approved medicine for the treatment of hidradenitis suppurativa. Key players of global hidradenitis suppurativa market are:

Pfizer Inc.
Eli Lilly and Company
AbbVie Inc.
UCB S.A.
Incyte Corporation
Novratis AG
Boehringer Ingelheim
Aclaris Therapeutics, Inc.
InflaRx N.V.
Moonlake Immunotherapeutics
Acelyrin, Inc.
Kymera Therapeutics, Inc

The market for HS treatments is segmented based on the type of treatment, which includes biologic therapies, antibiotics, and surgical interventions. Biologic therapies are expected to dominate the market, as they are the most promising treatment option for HS and are likely to gain widespread acceptance in the coming years.

Geographically, North America is expected to dominate the HS market due to the high prevalence of the disease in the region, as well as the availability of advanced healthcare infrastructure and high healthcare spending. Europe and Asia-Pacific are also expected to be significant markets for HS treatments.

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Overall, the HS market is expected to grow in the coming years due to the increasing prevalence of the disease and the development of new and effective treatments. However, there are still significant unmet needs in the HS market, and further research and development is needed to improve outcomes for patients with this condition.

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This release was published on openPR.