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Chromhidrosis Treatment Market Size and Share Outlook - Forecast Trends and Growth Analysis Report (2025-2034)
The global chromhidrosis treatment market market was valued at approximately USD 20.83 billion in 2024. It is expected to grow at a CAGR of 3.30% from 2025 to 2034, reaching nearly USD 28.82 billion by 2034. As per the analysis by Expert Market Research, the market is expected to be driven by the rising prevalence of benign chronic conditions globally.
The market is being positively driven by certain factors such as the easy availability of chemicals like capsaicin and surging cases of diabetes and kidney diseases resulting in abnormally strong body odours. Furthermore, the demand for botulinum toxin type A injections used for treating chromhidrosis and diminishing facial wrinkles is fuelling the market growth. In addition, the increasing number of regulatory approvals for drugs in North America, rising disposable incomes and ageing population are aiding the market growth.
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The major players in the global chromhidrosis treatment market include Meditox Co. Inc (KOSDAQ: 086900) and AbbVie Inc (NYSE: ABBV). Medytox Co. Inc in 2021 started phase 3 clinical trials of new botulinum toxin for treating chromhidrosis. The company has been developing the toxin since 2016 and aims to launch in 2022 for commercial uses. AbbVie Inc's brand BOTOX ® provides botulinum toxin type A for injections for intramuscular, intradetrusor, and intradermal purposes.
Headquarters: | Seoul, South Korea |
Establishment: | 2000 |
Website: | http://www.medytox.com/?site_id=en |
Medytox Co., Inc is a Korean biopharmaceutical company that researches, manufactures and markets botulinum toxin, hyaluronic acid filler, and other medical devices. The company is one of the top 20 biopharmaceutical companies in the world and exports its products to over 60 countries. It has a high market share in the global botulinum market and is penetrating the United States and European markets. Medytox Co., Inc has annual revenue of more than USD 1 billion and has joint ventures in China, Japan, Hong Kong, Taiwan, and Thailand for global operations. The company heavily invested in R&D and was the first to develop three types of botulinum toxin.
Headquarters: | Paris, France |
Establishment: | 1929 |
Website: | https://www.ipsen.com/ |
Ipsen Group is a French biopharmaceutical company and one of the largest pharmaceutical companies in the world. The company specialises in oncology, neuroscience, rare diseases and consumer healthcare. It sells over 20 drugs in 115 countries and operates in about 30 countries globally with approximately 5,700 employees. The company has collaborated with multiple companies such as Exelixis, PharmaEngine, Photocure, 3B Pharmaceuticals, Servier and many others to foster solutions and develop new therapies.
Headquarters: | Illinois, United States of America |
Establishment: | 2013 |
Website: | https://www.abbvie.com/ |
AbbVie Inc is an American researcher and developer of pharmaceutical products and a spin-off of Abbot Laboratories. The company offers pharmaceutical drugs for speciality therapeutic areas such as immunology, hepatitis C, oncology, chronic kidney disease, and neuroscience. It has manufacturing facilities in over 20 countries and employs more than 48,000 people in 70 countries. The brands owned by the company include HUMIRA, BOTOX, CELEXA, NORVIR, RINVOQ, SKYRIZI, LEXAPRO, and others. The company has more than 220 research partnerships, about 30 brands and 275 patient support programs worldwide. AbbVie Inc generated a revenue of USD 50.195 billion in 2021.
Dr. Jagriti Punia
Healthcare market research analyst with 2+ years of experience in market research and competitive intelligence, specializing in life sciences, cardiovascular, medical imaging, and diabetes sectors. Expertise includes conducting primary and secondary research, analyzing industry trends, and evaluating market dynamics. Skilled in both qualitative and quantitative analysis, data visualization, and report writing to support strategic decision-making. Additionally, has experience in social research projects, assessing healthcare policies, community health initiatives, and public health trends to provide valuable insights for stakeholders.
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Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
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+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office) +
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia +
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India +
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines +
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom +
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam +
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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