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Hair Transplant Services Market to Witness Exponential Growth by 2024

08-29-2017 08:55 AM CET | Health & Medicine

Press release from: Persistence Market Research

Hair Transplant Services Market to Witness Exponential Growth

Over the recent years, hair transplant surgery has received significant attention and acceptance owing to its greater precision, safety and enhanced results. The hair transplant surgery allow patients to be treated with minimal discomfort, performed on an outpatient basis.

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Increasing prevalence of various forms of dermatologic disorders with changing lifestyle among working class population such as unhealthy eating habits, increasing consumption of alcohol and rising stress level is expected to contribute towards accelerated hair loss. However, adoption of hair transplant surgery is expected to remain high in the near future attributed to ever increasing thirst for better results, and due to the changing social trends and attitudes.

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However, post-surgery care is significant in hair transplant. Swelling of the scalp and face along with itching is common in many patients. The patient must be careful if the scalp starts itching, as scratching will make it worse and result in scab formation. Other common side effect associated with the treatment involves hair thinning also referred to as called as shock loss that is usually temporary.

High cost associated with the treatment is one of the most important factor affecting the global adoption of hair transplant procedures currently. A typical hair transplant procedure ranges between $ US 8 to $ US10 per graft. Increasing healthcare costs and economic slowdown in developed markets are some of the other factors constraining the market growth of hair transplant industry in the near future.

In terms of geography North America dominates the Hair Transplant Services Market followed by Asia Pacific. Europe and Latin America are expected to grow at a high pace over the coming years. In 2014, according to the American Society of Plastic Surgeons, Asian countries accounted for maximum hair transplants procedures as compared to other regions globally.

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With increasing prevalence of cancer and various dermal disorders there is a higher demand for technological improved minimally invasive hair transplant treatment options. Rising awareness and increase emphasis on looking good are some of the other factors expected to create revenue traction in market over North America and others.

Various hair transplant service providers across global include Bernstein Medical, P.C., Bosley Inc., MEDICAMAT, DERMIS HEALTH PRIVATE LIMITED, Hair Transplants of Florida, Advanced Hair Restoration, MOSAIC CLINIC HAIR TRANSPLANT CENTER, The Ac?badem Hospitals Group, Limmer Hair Transplant Center, Radiance, The Private Clinic and others.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.
To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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