Topical Hair Loss Treatments

Topical Hair Loss Treatments Comprehensive Study by Type (Minoxidil Solution, Herbal Extract Treatment, Other), Application (Male, Female), Distribution Channel (Offline, Online) Players and Region – Global Market Outlook to 2024

Hair loss is a medical condition that refers to loss of hairs from head or any part of the body.

This condition can occur in both male and female and at any age. A topical treatment is a medication that is applied to a particular place on or in the body and it comes in large range of classes including creams, foams, gels, lotions, and ointments.

Furthermore, this treatment is slows or stops hair loss and promotes hair regrowth. The increasing level of air and water pollution, changing lifestyles of people such as increasing consumption of alcohol, tobacco, and other related products, and the rapidly growing geriatric population are the factors expected to boost the topical hair loss treatment market in near future

The market study is being classified by Type (Minoxidil Solution, Herbal Extract Treatment and Other), by Application (Male and Female) and major geographies with country level break-up.
Johnson & Johnson (United States), Taisho Pharma (Japan), P&G (United States), DrFormulas (United States), Dr.R.PFLEGER (Germany), Vitabiotics (United Kingdom), Alpecin (Germany), Concert Pharmaceuticals, Inc. (United States), Cipla (India) and Marico (India) are some of the key players profiled in the study.

Additionally, the Players which are also part of the research are Ranbaxy Laboratories (India) and Henkel (Germany).
Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Topical Hair Loss Treatments market throughout the predicted period.

Segment Analysis

AdvanceMarketAnalytics has segmented the market of Global Topical Hair Loss Treatments market by Type, Application and Region. On the basis of Type, Minoxidil Solution are dominating the market in the year 2018 where as Herbal Extract Treatment stood as second largest market share.

On the basis of application, Female segment is dominating the market in the year 2018 where as Male segment stood as second largest market.

On the basis of geography, the market of Topical Hair Loss Treatments has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Asia Pacific on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Topical Hair Loss Treatments market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.

Market Drivers

  • The increasing global prevalence of hair loss
  • Changing life style of people and increasing stress level which led to hair loss

Market Trend

  • Technological advancements in hair loss treatment

Restraints

  • High cost of medications
  • Presence of alternate hair loss therapy

Opportunities

  • Development of innovative therapeutic medications

Challenges

  • The probable side effects, reactions, and allergies caused by topical treatments

Male Androgenetic Alopecia (MAA) is the most common form of hair loss in men, affecting 30-50% of men by age 50. Topical minoxidil and oral finasteride are approved by the Food and Drug Administration (USA) for the treatment of MAA. Both medications prevent further hair loss, but only partially reverse baldness, and require continuous use to maintain the effect.

Key Target Audience

Manufacturers of hair loss products, Suppliers of hair loss products, Distributors and retailers of topical hair loss treatment products and Government bodies

Customization in the Report Available:

The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
** Confirmation on availability of data would be informed prior purchase

Topical Hair Loss Treatments Comprehensive Study by Type (Minoxidil Solution, Herbal Extract Treatment, Other), Application (Male, Female), Distribution Channel (Offline, Online) Players and Region – Global Market Outlook to 2024

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