Global Hair Transplant Market – Industry Trends and Forecast to 2028
The hair transplant market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 51,787.91 million by 2028 and will grow at a CAGR of 18.65% in the above mentioned forecast period.
Hair transplant surgery generally consists of removing small pieces of hair-bearing scalp grafts from a donor site and moving them to a balding or thinning area. The process is mainly used to treat male pattern baldness. Hair transplants are usually more flourishing than over-the-counter hair restoration products.
The increasing number of people suffering from hair loss is amongst the significant factors fueling the growth and demand of hair transplant market. In addition, the growing number of surgical procedures and growing consumption of high doses of drugs are also contributing to the growth in the global market over the forecast period of 2021 to 2028.
Also the rapidly changing lifestyle of individuals, growing awareness regarding physical appearance and hair loss and growing incidences of stress and workload are also lifting the growth of the market. Furthermore, the unhealthy eating habits of adults and teenagers as well as the mounting demand of technological advancement in cosmetics and skincare are also one of the significant factors flourishing the growth of the hair transplant market. Increasing spending on healthcare will also make sure high industry growth over the forecast period.
The rapid technological advancements in hair transplant procedures along with increasing hair loss rate and high demand for hair transplant surgeries and related treatment are offering significant growth opportunities for the market in the forecast period of 2021 to 2028.
However, the various adverse drug side effects, availability of alternative treatments as well as the cost of treatment will restrain the growth of the hair transplant market, whereas the dearth of reimbursement policies and insurance coverage have the potential to challenge the growth of the hair transplant market.
This hair transplant market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market.
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Global Hair Transplant Market Scope and Market Size
The hair transplant market is segmented on the basis of surgical method, surgery type, product, therapy, gender and service provider. The growth amongst these segments will help you analyze meager growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of surgical method, the hair transplant market is segmented into follicular unit transplantation (FUT) follicular unit extraction (FUE) and others. Follicular unit extraction (FUE) has further been segmented into follicular isolation technique, robotic hair transplantation and automated FUE hair transplantation.
- Based on surgery type, the hair transplant market is segmented into head hair transplant, eyebrow transplant, frontal hairline lowering or reconstruction and others.
- On the basis of product, the hair transplant market is segmented into gel, serum, drugs, multivitamins and others. Drugs have further been segmented into finasteride, minoxidil and others.
- Based on therapy, the hair transplant market is segmented into platelet-rich plasma therapy (prp), stem cell therapy, laser therapy and others.
- Hair transplant market is also segmented on the basis of gender into male and female.
- The service provider segment of hair transplant market is segmented into hospitals, trichology clinics, dermatologic clinics, surgical centers and others.
Hair Transplant Market Country Level Analysis
The hair transplant market is analyzed and market size insights and trends are provided by country, surgical method, surgery type, product, therapy, gender and service provider as referenced above.
The countries covered in the hair transplant market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America region leads the hair transplant market owing to the growing emphasis on skincare, growing use of cosmetics, rapidly changing lifestyle of people as well as the increasing demand for the restoration of hair within the region. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 because of the rising prevalence of stress and workload and decline of physical and mental health among youth within this particular region.
The country section of the hair transplant market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The hair transplant market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for hair transplant market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the hair transplant market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Hair Transplant Market Share Analysis
The hair transplant market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to the hair transplant market.
The major players covered in the hair transplant market report are
Allergan, Bernstein Medical, Bosley Inc., GETFUE Hair Clinics, HRBR (IE), HairClub, Venus Concept, Hairline, Acıbadem Healthcare Group, Turkey Hair Transplant Centre, Tempus Hair Restoration of Florida, ILHT Dubai, Limmer Hair Transplant Centre, L’Oréal S.A., Cole Instruments Inc., KYRA Aesthetic Clinic, FueInstrument, Lexington Intl., LLC, Shaanxi Xingmao Industry Co.,Ltd and Mentok Healthcare Private Limited among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Global Hair Transplant Market – Industry Trends and Forecast to 2028
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