Alopecia Market Size

Global Alopecia Market Size By Disease Type, By Sales Channel, By Gender, By End-User, By Geographic Scope And Forecast

Alopecia Market Size And Forecast

According to Verified Market Research, the Global Alopecia Market was valued at USD 2.3 Billion in 2018 and is projected to reach USD 4.2 Billion by 2026, growing at a CAGR of 7.9% from 2019 to 2026.
What is Alopecia?

Alopecia is a term used to describe the loss of hair from parts of the head and body. The factors such as sedentary lifestyle and unhealthy diets are leading to the loss of hair among masses. Moreover, among the middle-aged population, hair loss occurs due to the increasing prevalence of chronic diseases such as cancer, arthritis, depression, hypertension, aging and hormonal imbalance. For the treatment of alopecia, the U.S. FDA approved two medications such as minoxidil and finasteride.

The American Hair Loss Association recommends the use of minoxidil in patients who have not responded to finasteride treatment.

In the report, the market outlook section mainly encompasses the fundamental dynamics of the market which include drivers, restraints, opportunities, and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.

The factors such as changing lifestyles coupled with an increase in stress levels among the working-class population are expected to propel the demand for the treatment of hair loss globally. Moreover, an increase in the geriatric population along with a high demand for surgical hair transplants, and growing consumer awareness regarding treatment options are further expected to fuel the growth of alopecia market.

However, the out of pocket costs for this disease treatment might restrain market growth. Furthermore, the reimbursement coverage for the treatment of this medical condition is one of the major challenges in this therapeutic landscape.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements that interests the client. The “Global Alopecia Market” is mainly bifurcated into sub-segments which can provide classified data regarding the latest trends in the market.
Global Alopecia Market Competitive Landscape

The “Global Alopecia Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Sun Pharmaceutical Industries Ltd., Merck & Co., Inc., Cipla Inc., Johnson and Johnson AG, Lexington International LLC, Transitions Hair Pty Ltd., Cirrus Hair Centers, Vita-Cos-Med Klett-Loch GmbH, Capillus, and Follica, Inc.

Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.

Alopecia Market, By Disease Type

• Alopecia areata
• Androgenetic alopecia
• Others

Alopecia Market, By Sales Channel

• OTC
• Prescriptions

Alopecia Market, By Gender

• Male
• Female

Alopecia Market, By End-User

• Homecare setting
• Dermatology clinics

Alopecia Market Geographic Scope

• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o Rest of Asia Pacific
• Rest of the World

Research Methodology Of Verified Market Research

To know more about the Research Methodology and other aspects of the research study, kindly Get in touch with our sales team.
Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post sales analyst support

Global Alopecia Market Size By Disease Type, By Sales Channel, By Gender, By End-User, By Geographic Scope And Forecast

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