Hair Transplant Market Growth Analysis on top Key Players Allergan Plc, Beiersdorf AG, Bosley, L'Oreal SA, Lumenis Inc, MEDICAMAT, PhotoMedex Inc

Market Study Report recently introduced new title on “2018-2024 Global Hair Transplant Market Report” from its database. The report provides study with in-depth overview, describing about the Product, Industry Scope and elaborates market outlook and status to 2024.

Rising importance of physical appearance in developing regions of Asia Pacific will induce significant uptick in demand for hair transplant procedures. Asian population develop pattern hair loss at some point of time in their life. Studies and statistics show that Asian population are facing hair loss problems in the early 20s, in near future this stratum of population is most likely to opt for hair transplant or restoration therapies. However, factors such as adverse drug side effects, cost of hair loss treatment, lack of reimbursement policies and insurance coverage will be major market growth restraining factors.

Follicular unit transplantation (FUT) hair transplant method valued around USD 1,824.7 million in 2017. Follicular unit transplantation (FUT), is growing in popularity among patients suffering from hair loss due to factors such as low cost of treatment and hair transplantation is single session. Increasing number of people opting for follicular unit transplantation (FUT) hair transplant procedure in the developing regions will propel the industry growth.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1255496/

Increase in number of people suffering from hair loss problem such as androgenic alopecia, male pattern baldness and female pattern hair loss will augment the hair transplant market growth over the forecast period. According to NHS UK, every 2 people in 1000 is affected by alopecia areata in UK. This substantial increase in people suffering from hair loss will foster market growth opportunities in the forthcoming years.

Some of the notable industry players are Allergan Plc, Beiersdorf AG, Bosley, L'Oreal SA, Lumenis Inc, MEDICAMAT, PhotoMedex Inc., Restoration Robotics Inc., Solta Medical, Inc., among others. Industry players focus on increasing their research and development activities by launching innovative technology and enhanced hair transplant procedures. Also, companies carry out merger and acquisition to expand the market at geographic level in order to sustain in the competitive market.

U.K. hair transplant market is anticipated to grow at a robust CAGR of 25.4% in the forecast period. Rapidly rising incidences of male pattern baldness cases coupled with sub-optimal nutrition due to lifestyle changes in UK will drive the demand over the projection years. Adoption of new technologies like FUE procedures over FUT procedures in public healthcare system by the surgeons will escalate market growth.

China hair transplant market valued over USD 275.7 million in 2017. Increase in prevalence of androgenic alopecia is one of the reasons for rising demand for hair transplant procedure in the country. According to the recent research report it is estimated that, the stress and irregular life patterns causes Chinese people to lose their hair earlier than even before. Moreover, rising disposable income should also empower people to undergo relatively expensive procedures.

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1255496/

The hair restoration drugs market estimated to witness substantial increase in the market size, with a CAGR of 24.8% from 2018-2024. Increase in consumption of medicines such as finasteride and minoxidil before and after the hair loss treatment will foster ample segment growth opportunities over the forthcoming years.

Turkey hair transplant market is one major hubs in the global industry. Accounting for more than 55% share in Europe, it is the prime destination for people around the world. Increasing number of specialist doctors and escalating medical tourism will prove to be high impact rendering factors over the forecast period.

Complete report for 2018-2024 on Hair Transplant market is now available at https://www.marketstudyreport.com/reports/hair-transplant-market

Related Report

Global Microsurgery Robot Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2024

This Global Microsurgery Robot Market report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

https://www.marketstudyreport.com/reports/microsurgery-robot-market/?utm_source=RR&utm_medium=DC

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:

Market Study Report
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email:sales@marketstudyreport.com
Website:https://www.marketstudyreport.com

This release was published on openPR.