Worldwide Hair Transplant Market Key Players – Allergan Plc, Beiersdorf AG, Bosley, L'Oreal SA, Lumenis Inc, MEDICAMAT, PhotoMedex Inc., Restoration Robotics Inc., Solta Medical, Inc.
Hair Transplant Market will exceed USD 24.8 billion by 2024; as per a new research report.
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.
Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1255496/?utm_source=openpr.com&utm_medium=Deepak
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.
The global hair transplant market is estimated to emerge as a highly lucrative vertical in the foreseeable years on account of the growing prevalence of baldness or hair loss across the globe coupled with innovations in hair transplant technology.
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.
As per the Hair Society, around 35 million men and 21 million women face hair loss problems. Starting from the age of 35 men witness a 40% hair loss rate which increases to 70% by the age of 80. Meanwhile, women hair loss sufferers will be in the 80% hair loss rate range by the age of 60. Thus, the rise in the number of individuals suffering from hair loss problems will foster the hair transplant market growth in the near future.
Furthermore, recent technological advancements and new discoveries in the industry are set to offer new growth avenues to the hair transplant market. Recently, for instance, the research conducted at Seoul National University Hospital led to the discovery of an advanced hair transplant method. The new allogeneic method lets people suffering from hair loss receive healthy hair from other people without taking any immunosuppressant.
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.
Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1255496/?utm_source=openpr.com&utm_medium=Deepak
The existing autologous method only utilizes remaining hair follicles to treat hair loss, however, the new allogeneic method produced new black hair, which reportedly survives beyond six months without an immune rejection response.
Although experts state that this method will be a little challenging to apply to clinical practice, the researchers introduced the use of new implantable resources that were impossible before. Such studies will pave the way for the introduction of newer techniques in the market, increasing options for getting rid of hair loss problems and further expedite the hair transplant market size in the coming years.
Hair transplant stem cell therapy valued at over USD 122.9 million in the year 2017 and is expected to grow at significant rate. According to National Institutes of Health, Androgenetic alopecia is the most common type of hair loss experienced in both males and females. Increasing use of stem cell therapy in hair loss treatment and recent technological advancement in hair restoration therapy will propel the segment growth.
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.
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.
More Details on this Report: https://www.marketstudyreport.com/reports/hair-transplant-market/?utm_source=openpr.com&utm_medium=Deepak
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.
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
US Toll Free: 1-866-764-2150
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Worldwide Hair Transplant Market Key Players – Allergan Plc, Beiersdorf AG, Bosley, L'Oreal SA, Lumenis Inc, MEDICAMAT, PhotoMedex Inc., Restoration Robotics Inc., Solta Medical, Inc. here
News-ID: 1496503 • Views: 8328
More Releases from MarketStudyReport
At 6.1% CAGR, High Voltage Circuit Breaker (33KV-765KV) Market Size is Expected …
Global High Voltage Circuit Breaker Market Report by Market Study report scrutinizes the overall market synopsis globally, their restraining factors, drivers, major challenges, opportunities, latest trends to stabilize the global High Voltage Circuit Breaker (33KV-765KV) market situation, future developmental plans, and values pertaining to various marketing states. This global High Voltage Circuit Breaker (33KV-765KV) market report also enables users to make a decision and considering the overall market feasibility. It
Global Diabetes Dietary Supplements Market size to witness 4.2% CAGR through 202 …
Market Study Report presents latest report on, global diabetes dietary supplements market is predicted to grow at a CAGR of about 4.2% over the forecast period.The increasing prevalence of diabetes, the soaring geriatric population, and surging awareness about supplements are some of the chief factors driving the growth of global diabetes dietary supplements market. The competitive landscape of global diabetes dietary supplements industry is defined by companies such as Nutricia, Nature's
Automotive Steel Market size is projected to reach USD 193230.61 million by 2028 …
Global Automotive Steel Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. Global Automotive Steel Market Size was estimated at USD 134610 million in 2021 and is projected to reach USD 193230.61 million by 2028, exhibiting a CAGR of 5.21%
Data Center Construction Market size projected to reach USD 54902.09 million by …
Global Data Center Construction Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. Global Data Center Construction Market Size was estimated at USD 26780 million in 2021 and is projected to reach USD 54902.09 million by 2028, exhibiting a CAGR
More Releases for Hair
Beffi Dew Befull Hair for Hair Loss Prevention and Hair Growth | JNL
JNL Co., Ltd. is a beauty device manufacturer that specializes in medical beauty devices, fillers, and functional cosmetics. Representing the level of the industry in Korea, JNL's excellence in beauty device technology is widely promoted across the world through the export of beauty devices, exporting its superb products with Cosmeceutical, Beffi Dew AMA Filler, and Home Care Devices. AMA FILLER BEFFI DEW BEFULL HAIR Hair filler composition and method of
Hair Styling Products Market by Trends, Dynamic Innovation in Technology and 202 …
The Global Hair Styling Products market examines existing trends, dynamics, and perspectives, as well as forecasting the market's current state and possible prospects over the forecast period of 2021 to 2027. The report offers in-depth insights into market dynamics to support businesses make improved business decisions and progress growth strategies based on market prospects as well as opportunities. The study is focused on a group review of data gathered from
Global Hair Care Products Market Research Report 2017 Industry Products - Hair C …
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Hair Care Products in these regions, from 2012 to 2022 (forecast), covering North America Europe China Japan Southeast Asia India Global Hair Care Products market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Henkel Kao L'Oreal P&G Unilever Avon Combe Estee Lauder Johnson & Johnson Revlon Shiseido World Hair Cosmetics On the basis of product, this report displays
Global Hair Extension Market 2017 - Great Lengths, Hair Development, Hair Weavon
The report entitled Global Hair Extension Market 2017 presents key insights into the global Hair Extension market along with the latest up-to-date industry details and forthcoming Hair Extension industry trends, which will assist the readers to focus on product specification and end users driving the overall market revenue and profitability. Report Keynotes: The main motive of the report on "Global Hair Extension Market 2017" is to study comprehensive details of the market
Hair Loss And Weakening Hair Lines
Are you struggling with hair loss or a weakening hair line? Are you a male trying to hide your hair loss with side combs and hair gel? Or are you a female trying to hide her weakening hair line with hair glue, hair extensions and wigs? We know this can often be a difficult subject to talk about because you can often feel embarrassed about it, but there’s no need
Shabby Hair-Look? Desire A Stylish Hair Do? Destination Advance Hair Extensions …
Feeling low because of your lean hair that looks shabby, unmanageable and tangled? No more to worry as Advance Hair Extensions is here to help you. With a wide variety of genuine human hair to choose from, you can now dare to dream of adding lustrous volume to your hair fast and easily. Advance Hair Extension, London’s leading hair extension expert, is your one stop destination to get the best