Global Alopecia Treatment (Hair Loss) Market 2020:Analysis, Trend, Size, Share, Growth, Opportunity,COVID-19 Impact on Industry Size, Forecast 2026||Dr. Reddy’s Laboratories Ltd., Regaine, Merck & Co., Inc, Ranbaxy Laboratories Ltd, Phyto - Alès Groupe

“Global Alopecia Treatment Market–Industry Trends and Forecast to 2026” focuses on the major drivers and restraints for the key players. These research report also provides Comprehensive analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The Alopecia Treatment market research report is a professional and in-depth study on the current state of Alopecia Treatment Industry. With 350 pages, 60 Figures And 220 Tables in it

The Global Alopecia Treatment (Hair Loss) Market is expected to rise from its initial estimated value of USD 8.21 billion in 2018 to an estimated value of USD 12.40 billion by 2026 registering a CAGR of 5.3% in the forecast period of 2019-2026. This rise in the market can be attributed to the rising geriatric population along with high demand for surgical hair transplant and changing lifestyle.

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Few of the major market competitors currently working in the alopecia treatment (hair loss) market are Cipla, Viviscal, Dr. Reddy’s Laboratories Ltd., Regaine, Merck & Co., Inc, Ranbaxy Laboratories Ltd, Phyto - Alès Groupe, Kirkland Signature, Vitabiotics, Nanogen, Alpecin - Dr. Kurt Wolff GmbH & Co. KG, Rogaine - Johnson and Johnson, Histogen, Inc., Aclaris Therapeutics, Inc., Concert Pharmaceuticals, Inc., HCell Inc., GlaxoSmithKline plc., Perrigo Company PLC. and Daiichi Sankyo, Inc.

Key Developments in the Market:

In January, 2018, Concert Pharmaceuticals, Inc. announced U.S. FDA granted Fast Track designation for CTP-543, a novel, oral Janus kinase (JAK) inhibitor for the treatment of moderate-to-severe alopecia areata, disease which attacks the hair follicles, leading to hair loss.
In May 2018, Histogen, Inc (U.S.) announced that received approval to Investigational New Drug (IND) application from the US Food and Drug Administration (FDA) to study its lead product in female diffuse hair loss.
In March 2017, Perrigo Perrigo Company PLC (U.S.) announced the launch of over-the-counter Women's Rogaine, which helps to regrow hair on top of the scalp.

Market Drivers:

Rising geriatric population along with high demand for surgical hair transplant will boost the market
Changing lifestyle along with increase in stress level among working class population can fuel the growth of the market

Market Restraints:

High cost of alopecia treatment (hair loss) is acting as a major restraint for the market
Side effects/allergic reactions by treatment also acting as a major market restraint.

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Segmentation:Global Alopecia Treatment (Hair Loss) Market

Alopecia Treatment(Hair Loss) By Disease Type

(Androgenic Alopecia, Alopecia Areata, Ciatricial Alopecia, Traction Alopecia, Alopecia Totalis),

Alopecia Treatment(Hair Loss) By Drug Type

(Minoxidil, Finasteride, Cyclosporine and Others),

Alopecia Treatment(Hair Loss) By Gender

(Male, Female),

Alopecia Treatment(Hair Loss) By Route of Administration

(Oral, Topical, Injectable),

Alopecia Treatment(Hair Loss) By Distribution Channel

(Hospital, Retail Pharmacies, Online Pharmacies),

Alopecia Treatment(Hair Loss) By Geography

(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

FACTORS DRIVING GROWTH IN ALOPECIA TREATMENT (HAIR LOSS) MARKET

Rising Geriatric Population

According to United Nations Department of Economic and Social Affairs/Population Division; in 2017, estimated population of people with age 60 or above was 962 million, which means around 13 per cent of the population. This age bracket or group is growing at a rate of 3 per cent every year. Presently, Europe is leading the other regions in terms of population consisting of this age group. This brisk speed of ageing is expected to carry on in other regions as well, which projects that by the end of 2050 excluding Africa all regions of the world would have more than a quarter share of their total population at an age of 60 years and above. The population of this age group is projected to reach around 1.40 billion in 2030 and 2.10 billion in 2050, and could ultimately rise up to 3.10 billion in 2100.

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Alopecia Treatment Market report Synopsis

To analyze the market size of the market and infer the key trends from it.
Industry Chain Suppliers of Alopecia Treatment market with Contact Information
The key findings and recommendations highlight crucial progressive industry trends in the Alopecia Treatment Market, thereby allowing players to develop effective long term strategies
To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Alopecia Treatment market
Comprehensive quantitative analysis of the industry is provided for the period of 2019-2026 to assist stakeholders to capitalize on the prevailing market opportunities.

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