Hair Transplant Market Size, Share, Demand, Applications, Opportunities and forecast 2030.

 Market Scope

Market Research Future (MRFR) projects the Hair Transplant Market Size to record 26.5% CAGR during the evaluation period (from 2022 to 2030), says MRFR (Market Research Future). The market size shall touch USD 42 Billion by 2027.

Major Drivers and Challenges

Androgenic alopecia is a serious condition that affects over 56% of the men and 28% of women worldwide, presenting cases of pattern baldness. Fast receding hairlines along with hair fall are generally the result of stress, pollution, poor eating habits, surging work pressure, excessive use of chemical shampoos, hormonal disorders, and heredity. These factors affect both women and men, with both the genders emerging as key end-users in the market. The most popular hair transplant techniques are follicular unit extraction (FUE) and follicular unit transplant (FUT). While the FUT technique has gained substantial traction among doctors, the FUE technique has been garnering sufficient momentum as well.

Social media’s strong influence, mounting focus on grooming, looks in line with the rising awareness levels raise the growth potential of the hair transplant market. The surging acceptance of cosmetic treatment among people, especially in developing regions will be a key influencer for the global market in the years ahead.

India has turned into a prime hub for cosmetic surgeries and treatments like new hair transplant technology hair transplant, as the medical tourism sector continues to thrive in the country. This is the result of the availability of low-cost and quality medical treatment and facilities along with the presence of skilled medical experts. Also, the expanding middle-income population in India and other South Asian countries in conjunction with the rise in urbanization can be a huge growth booster in the following years.

Major Contenders

Bernstein Medical, GETFUE Hair Clinics Ltd., Cole Instruments Inc., Hair Club, Allergan Plc, Hairline International Hair and Skin Clinic, Bosley, Hair Restoration Black Rock HRBR, Hair Transplants of Florida, Venus Concept (NeoGraft), Hair Transplant Centre Turkey have been listed in the extensive study as the top hair transplant devices and services manufacturers in the worldwide market.

Market Segmentation

The key methods discussed about in the report are Follicular Unit Transplantation (FUT), along with Follicular Unit Extraction (FUE).

Different sub-markets considered are Hair Transplant Market Product, Hair Transplant Therapy, and Hair Transplant market Method.

The product-wise segments are Serum, Gel, Drugs (Minoxidil, Finasteride, and more).

Regional Study 

North America rules the global market, while the US is the regional leader with the highest value of more than USD 2.6 billion. The soaring number of hair transplant surgeries, rise in medical procedures, such as follicular unit transplantation and follicular unit extraction instigate substantial market growth in the region. In addition, the flourishing medical sector with a large number of skilled surgeons foster the market worth as well.

In APAC, the Japanese market has crossed USD 684 million as of 2019, thanks to the escalating number of hair transplant treatments and the rising prevalence of smokers and alcoholics. The mounting number of public and private organizations in the region offering hair transplant services as baldness becomes a common issue, will further enhance the market size. The regional industry is experiencing a rise in the number of organised companies while single doctors are managing clinics. This has resulted in a highly fragmented market in the region, each with its own unique and robust presence.

The European market has taken the second lead, in view of the massive demand for cosmetic treatments due to high economic standards and the rising number of consumers focused on grooming and physical appearance. The huge advancements in medical technology also act in favor of the European market for hair transplant.

About US:

Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street,5Th Floor, New York,

New York 10013

Comments

Post a Comment

Popular posts from this blog

Sinus Dilation Devices Market Sparkling Key Players Shares, Revenue, Analysis and Forecasts to 2030

  Market Highlights Sinus is also called as chronic rhinosinusitis; it is a condition in which cavities around nasal known as (sinuses) get inflamed and swollen for weeks. The people suffering from sinus may have symptoms such as nasal block, tenderness, swelling of the face, sore throat, nausea, fatigue or irritability, and pain in jaw and teeth. The balloon sinus dilation Market is expected to witness tremendous growth owing to the rising demand for balloon sinuplasty or sinus dilation compare to conventional sinus surgeries, rising cases of bacterial infection and increasing adoption of sinus dilation devices for sinusitis. The  sinus dilation devices market size  was estimated at USD 3,326 million in 2016 and expected to reach USD 5,778 million by 2030 at a CAGR of 8.1% from 2022 to 2030. However, factors such as risks associated with the sinus surgery, low adoption of new advance devices related to sinus treatment may hinder the market growth during the forecast peri...
Read more

Breathing Disorders Treatment Market Sparkling Key Players Shares, Revenue, Analysis and Forecasts to 2030

  Breathing Disorders Treatment Market Highlights: The breathing disorders treatment market is growing pervasively over the past few years. The market is getting a boost from the rising prevalence of various diseases & disorders related to respiratory tracts, such as COPD, asthma, allergic rhinitis, pulmonary hypertension, cystic fibrosis, IPF, and others. Moreover, increasing occurrences of lung diseases alongside the increasing geriatric population accelerates the market on a global level. According to Market Research Future (MRFR), a leading research firm, the global  Breathing Disorders Treatment Market Size  may experience impressive growth by 2030. MRFR, in its recent study report, also asserts that the market would register a 7.5% CAGR during the review period (2023 – 2030). Augmenting demand for minimally invasive procedures for diagnosing & treatment supports the market growth. Recent technological advancements are fostering market growth, offering phenom...
Read more

Blood Glucose Monitoring Market Key Factor, Major Region Analysis and Forecasts Till 2030

  Blood Glucose Monitoring Market Overview: A healthy body stays healthy due to all kinds of enzymes in the body being in proper balance. Excess of an enzyme can disturb balance while deficiency of another one can have the same effect. People who are suffering from genetic ailments like diabetes are more prone to such problems. Therefore, monitoring things like glucose in the blood is necessary for such people, and this is the reason for the global blood glucose monitoring market to take shape and grow. Blood glucose monitoring helps to recognize the glucose level of blood within the specified target range. The devices facilitating this monitoring provide useful insight to manage diabetes. These insights help to track the progress of treatment goal and observe the effect of medication on blood sugar level and understand how the ailment affects glucose level in blood. Market Research Future (MRFR) has published a research report about the global blood glucose monitoring market that ...
Read more