Hair Transplant Market 2017 Booming Top Players, Analysis and Forecasts To 2023
Hair Transplant Market Information, by Surgical Methods (Follicular Unit Transplantation (FUT), Follicular Unit Extraction (FUE)), by Type of Surgery (Head Hair Transplant, Eyebrow Transplant, Frontal Hairline Lowering or Reconstruction), by End User- Global Forecast till 2023
Market Synopsis of Global Hair Transplant Market:
Hair transplant is a surgical procedures that moves hair follicles from one part of the body to another part of the body. Hair transplantation is chiefly used to treat the baldness in male and female. There are two types of procedures used in the process of hair transplantation namely Follicular Unit Transplantation (FUT) and Follicular Unit Extraction (FUE).
Number of surgical procedures, high success rate of treatment, increasing usage of high dosage drugs, and growing demand from emerging economies are major driving forces for the market.
The Global market for hair transplant is growing at a rapid pace. The global hair transplant market is expected to reach USD 23,881.9 million by 2023 from USD 4,128.1 in 2016 with a CAGR of 24 % for the forecasted period.
- Follicular Unit Transplantation segment accounts for the largest market share with 52.7 % of the global hair transplant market by method.
- Head hair transplant segment accounts for the major share of 88.3% in the market of hair transplant.
- Trichology clinics accounts for the largest market share in global hair transplant market by end users and is expected to reach USD 14,193.7 million by 2023.
FIGURE 1 GLOBAL HAIR TRANSPLANT MARKET SHARE BY END USER, 2016 (%)
Sources: Directorate of Industries, Annual report, White paper, Company Presentation
- Hair transplant medicines and devices manufacturers
- Hair transplant treatment providers
- Hospitals and clinics
- Medical Research laboratories
- Research and Development (R&D) Companies
- Market Research and Consulting Service Providers
- Potential Investors
Global Hair transplant market has been segmented on the basis of surgical methods which comprises of Follicular Unit Transplantation (FUT), Follicular Unit Extraction (FUE).
On the basis of type of surgery, the market is segmented into head hair transplant, eyebrow transplant, frontal hairline lowering or reconstruction.
On the basis of end user, it is segmented into trichology clinics, hospitals, dermatology clinics, and others.
Regional analysis of global Hair transplant market:
Considering the global scenario of the market, the Americas is holding the largest market share. This market was valued at USD 2,240.7 Million in 2016. Asia Pacific is the second largest and fastest growing market and expected to grow at a CAGR of 24.3% during the forecast period. Europe hair transplant market is also growing significantly. The west European countries like Germany, France, and UK are holding major market share. While UK is believed to be fastest growing market for hair transplant in European region. Europe hair transplant market is expected to reach USD 3,647.3 million by 2033. Due to lack of knowledge of treatments, Middle East & Africa market for hair transplant is expected to grow at a steady pace.
Key players for global Hair transplant market:
Some of the key players in this market are: Bernstein Medical (US), Bosley (US) Cole instruments (US), Ethics hair instruments (India), MEDICAMAT (France), and Restoration Robotics Inc. Company (US).
The report for Global Hair transplant Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight to the market and industry performance.
The report gives a clear picture of the current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry.
The report also gives a broad study of the different market segments and regions