That's the spot where they commonly leak so looks like you have caught it before it becomes a problem. It probably still has some life in it (months not years?) but best to replace it soon.
I just replaced mine -- they are pretty easy to change if you want to do it yourself. I found the original spring hose clamps didn't seal very well so I ended up replacing all three with worm type hose clamps.
Because I am cheap I bought a replacement from Aliexpress for about $25. Otherwise you can buy genuine locally for about $80+.
Looks like you have a S40/V50/C30? There are at least two different types so make sure you get the right one.