Hair Transplant Market Size
The Hair Transplant Market was worth US$ 7.8 billion in 2019 and is expected to reach US$ 71 billion by 2030 at a CAGR of 22.3% through 2030.
Hair transplant refers to the surgical technique which involves removal of hair follicles from a certain part of the human body also referred to as “donor site”, to the part where the baldness or thinning of hair is occurring known as “recipient site”. There are two main types of techniques used for hair transplantation – Follicular unit strip surgery (FUSS) and Follicular unit extraction (FUE).
Increased spending on aesthetic surgeries is supporting the growth of the hair transplant market. The capabilities of the surgery to provide enhanced hair growth and a natural look are encouraging men and women to adopt these treatments. However, the possibility of carrying out the treatment more than once to have prolonged effects coupled with a medium to high range of cost may hinder the growth of the market.
North America is the largest shareholder of the global hair transplant market over the forecast period of 2020-2030.
This is attributed to the fact that the number of people suffering from chronic diseases in this region is increasing significantly. Prevalence of chronic diseases causes thinning of hair and baldness. Unhealthy eating habits are one of the major causes of the prevalence of chronic diseases among people.
More than 43% of the total population suffers from one or more chronic diseases in the U.S. According to a National health council report, in 2020, almost 157 million people in the U.S. would be suffering from chronic diseases.
Of these people, around 81 million people are suffering from more than one chronic disease. Apart from these increasing chronic diseases, androgenetic alopecia is also one of the major factors causing baldness and thinning of hair in men and women.
American Hair loss Association suggests that more than 95% of men suffering from hair loss are due to the occurrence of androgenetic alopecia. According to the survey conducted in 2019, by the International Society of Hair Restoration Surgery (ISHRS), there were about 182,025 people whose hair loss was surgically treated in North America.
The report titled “Hair Transplant Market- Global Market Share, Trends, Analysis and Forecasts, 2020-2030” offers market estimates for a period 2018 to 2030, wherein 2018 is a historic period, 2019 is the base year, and 2020 to 2030 is forecast period.
Additionally, the study takes into consideration the competitive landscape, wherein the report would provide a company overview and market outlook for leading players in the global hair transplant market. Furthermore, the report would reflect the key developments, global & regional sales network, business strategies, research & development activities, employee strength, and key executive, for all the major players operating in the global hair transplant market.
The global hair transplant market is segmented on the basis of the surgical method, surgery area, end-users and geography. Based on the type of surgical method the global hair transplant market is segmented into – Follicular unit strip surgery (FUSS) and Follicular unit extraction (FUE). Follicular unit strip surgery involves the removal of a strip/patch of skin from the donor site which is then separated into small follicular units and then inserted in the recipient site.
Follicular unit extraction involves direct removal of follicles from the donor skin which would lead to less scarring as compared to another method. Based on the surgery area type the market is segmented into a head hair transplant, Frontal Hairline Lowering or Reconstruction, eyebrow transplant and others.
On the basis of end-users, the market is segmented into hospitals and clinics. Clinics are further bifurcated into Trichology clinic and cosmetic & dermatology clinics. Trichology clinics are having a larger share in the market throughout the forecast period of 2020-2030.
Based on geography, the global hair transplant market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and South America. North America is sub-segmented into the United States, Canada and the Rest of North America.
Europe is sub-segmented into Germany, United Kingdom, Belgium, Spain, and Rest of Europe. Asia Pacific is sub-segmented into China, Japan, India, South Korea, Australia, and Rest of Asia Pacific. Middle East & Africa is sub-segmented into Saudi Arabia, the UAE, and Rest of Middle East & Africa. South America is sub-segmented into Brazil and Rest of South America.
The research provides an in-depth analysis of prominent players holding the majority share of the global hair transplant market with a focus on all operating business segment and would identify the segment of the company focusing on hair transplantation development.
Further, the market share of prominent companies in the global hair transplant market would also be estimated. The study takes into consideration the key competitive information such as business strategy, product portfolio, key development, SWOT analysis, and research and development focusing on the hair transplant business growth.
The global hair transplant market study would take into consideration the participants engaged throughout the supply chain and value chain of the market, along with their contribution.
Product portfolio would focus on all the products under the hair transplant solutions segment of the company. Similarly, the recent development section would focus on the latest developments of company such as strategic alliances and partnerships, merger and acquisition, new product launched and geographic expansion in the global hair transplant market.
Major players active in the global hair transplant market include Bernstein Medical, GETFUE Hair Clinics Ltd., Medicamat, Limmer Hair Transplant Center, Limmer Hair Transplant Center, Venus Concept, and Follica among others.
The market is becoming price competitive, thus compelling the companies to bring affordable solutions in the market which can also provide prolonged results.
By Surgical type
- Follicular unit strip surgery (FUSS)
- Follicular unit extraction (FUE)
By Surgery area
- Head hair transplant
- Frontal Hairline Lowering or Reconstruction
- Eyebrow transplant
- Trichology Clinics
- Cosmetic & Dermatology Clinics
- North America
- United States
- Rest of North America
- United Kingdom
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
- South America
- Rest of South America
Hair Transplant Market Size
- HairClone Authorized to Launch World’s First Hair Follicle Banking System
- Hair Loss and Growth Devices Market
- Global Laser Hair Loss Treatment Market Insights
- Women’s Hair Loss Seminar with Kayla Martell Hosted by IHRS
- Beverly Hills Hair Transplant Surgeon Offers Patients the Chance to Win a Complimentary Hair Transplant
- Intermedisol announces the commencement of their winter promotion
- Home tests for hair loss
- Medical student dies after undergoing hair transplant
- Research advancements improve hair loss treatment options
- Selenium Sulfide Market Size