Hair Transplant Market Top Players, Segmentation & Future Trends Analysis till 2032

In 2021, the market for Hair Transplant worldwide was worth $4.92 billion US dollars. AMR Group projects that the market will reach US$ 32.18 billion by 2031, growing at a CAGR of 24.4 percent between 2022 and 2031.

The most recent market research report on the Global "Hair Transplant Market" is divided into regions, countries, companies, and other segments. The worldwide Hair Transplant market is dominated by significant players such as [Bernstein Medical, Bosley, Ethics hair instruments, MEDICAMAT, Restoration Robotics]. These firms have implemented various tactics to expand market penetration and strengthen their position in the industry. Stakeholders and other participants in the global Hair Transplant market will gain an advantage by utilising the study as a valuable resource for their business needs.

Hair transplant surgery is a medical treatment that restores hair to bald areas of the body. This process involves extracting hair follicles from the donor location of the body and implanting them in the recipient site or bald area. To restore hair in bald areas, various hair transplantation techniques such as follicular unit transplantation (FUT), follicular unit extraction (FUE), and a combination of FUT & FUE are performed. Hair transplantation is most typically used to treat male pattern baldness, but it can also be used to treat female hair thinning and balding.

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The global hair transplant market is expanding due to a growth in the number of hair restoration treatments, an increase in the prevalence of alopecia, and technological advancements in the hair transplant sector. For example, the International Society of Hair Restoration Surgery (ISHRS) claimed that 2,221,191 hair restoration treatments were conducted worldwide in 2021. According to the same report, hair restoration procedures have climbed by 7% globally between 2019 and 2021. Furthermore, an increase in the number of hair transplantation surgeries in the United States stimulates the growth of the hair transplant industry.

According to the American Society of Plastic Surgery (ASPS), 24,348 hair transplantation surgeries were conducted in the United States in 2019. Furthermore, there has been an increase in awareness. Concerns about physical attractiveness among the public, as well as an increase in the number of people suffering from baldness, raise the demand for hair transplant surgery. For example, according to data supplied by New Look Institute, a hair restoration facility, in 2021, around 39.24% of the male population in France will be bald.

Market Segmentation
Market segmentation for Hair Transplant is as follows:

Type of Procedure: Hair transplant market can be segmented into two types of procedures: Follicular Unit Transplantation (FUT) and Follicular Unit Extraction (FUE).

End-user: Hair transplant can be segmented on the basis of the end-user: hospitals, clinics and hair transplant centers.

Gender: The market for hair transplant can be segmented on the basis of gender, as the causes of hair loss and balding patterns can differ among men and women.

Region: Geographically, the hair transplant market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.

Service Provider: The market can be segmented on the basis of service providers: physician-led clinics, hospital-owned clinics, and standalone clinics.

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Competitive Landscape

The hair transplant market is highly competitive, with the presence of many established players. Some of the key players in the market are:

Bernstein Medical

Bosley Inc.

MEDICAMAT

Restoration Robotics Inc.

Cole Instruments Inc.

Harris FUE Instruments

Shaanxi Xingmao Industry Co. Ltd.

NeoGraft Solutions Inc.

HairMax Inc.

Venus Concept

These players are focusing on expanding their market presence and introducing innovative products to gain a competitive edge. The companies are also engaging in strategic partnerships, collaborations, and acquisitions to strengthen their position in the market. Additionally, there are many local players that compete with established players by offering cost-effective solutions. Furthermore, the hair transplant market is also witnessing the entry of new players, particularly from emerging economies. The increasing demand for hair restoration procedures, coupled with the rising awareness of advanced hair transplant techniques, is expected to create lucrative opportunities for market players.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Hair Transplant market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Hair Transplant would help in identifying future applications in this market.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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