Hair Transplant Market Highlights
Hair transplant is a procedure of relocating the healthy hairs to the bald or thinning portions. Increasing preference for personal health care and physical appearance are the major factors responsible for the growth of this market. The global hair transplant market during the survey period is expected to show nearly 22 % annual growth. Hair transplant has gained a more robust position due to consistent advancements in this market and is most popular among people losing hairs at the early ages. Hair transplant is majorly employed by the men facing untimely hair loss or hair thinning.
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With the increasing demands, various clinical methods, which are cost-effective, single session surgeries and technologically advanced, are also helping the market in increasing the market share globally. Other factors influencing the hair growth markets are celebrity and media impacts, increasing successful surgeries and advancement in techniques. Unhealthy lifestyle and dietary supplements have accounted for hair loss at rapid rates globally, which is directly helping the market in increasing the consumer base and total market share.
Hair transplant has gone up the ladder quite fast, but the factors like high hair treatment costs, unauthorised transplant facilities and alternative methods have largely damaged the growth speeds for this market. The hair transplant medicines have shown considerable side effects on some patients with diseases like diabetes and allergic to various medicinal combinations
Hair Transplant Market Competitive Analysis:
Leading players in the global hair transplant market include Bosley, Ethics Hair Instruments, Bernstein Medical, Cole Instruments Inc., Restoration Robotics Inc., and MEDICAMAT. Major focus among the major players operating in the hair transplant market is likely to be on product development and getting regulatory approval in new markets. Inorganic growth strategies such as mergers and acquisitions are also likely to be widely applied in the global hair transplant market.
Hair Transplant Market Segmentation:
The global hair transplant market is segmented on the basis of surgical method, surgery type, end use, and region.
By surgical method, the global hair transplant market is segmented into follicular unit transplantation, follicular unit extraction, and others. The follicular unit extraction (FUE) segment is further sub-segmented into follicular isolation technique, robotic hair transplantation, and automated FUE hair transplantation.
By surgery type, the global hair transplant market is segmented into head hair transplant, eyebrow transplant, frontal hairline lowering or reconstruction, and others.
By end use, the global hair transplant market is segmented into trichology clinics, hospitals, dermatology clinics, and others.
Hair Transplant Market Regional Analysis:
The Americas dominates the global hair transplant market, followed by Asia Pacific. The growing volume of hair care treatments being performed in the U.S. and Canada is the major driver for the hair transplant market in the region. Growing prevalence of stress and psychological conditions in the region is likely to be a major driver for the hair transplant market in the region, especially concerning the demographic older than 30 years of age. Reduced levels of nutrition and hormonal changes past the age of 30 are also responsible for a growing risk of hair loss, especially in women.
Asia Pacific is also likely to be a major regional market for hair transplants over the forecast period. The growing prevalence of stress in the urban population in Asia Pacific is a major driver for the hair transplant market in the region. Increasing disposable income of consumers is also likely to be a key driver for the hair transplant market in Asia Pacific.
In October 2019, Tsinghua University in Beijing, China announced the results of a study spanning 4,000 university students, showing that the problem of hair loss and baldness is increasingly becoming a problem of the young. The study showed that about 60% of the student population had suffered from some form of hair loss.
List of Tables
TABLE 1 PRIMARY INTERVIEWS
TABLE 2 GLOBAL HAIR TRANSPLANT MARKET, BY SURGICAL METHODS 2014–2023 (USD MILLION)
TABLE 3 GLOBAL FOLLICULAR UNIT TRANSPLANTATION (FUT) MARKET, BY REGION MARKET, BY REGION 2014–2023 (USD MILLION)
TABLE 4 GLOBAL FOLLICULAR UNIT EXTRACTION (FEU) MARKET, BY REGION 2014–2023 (USD MILLION)
TABLE 5 GLOBAL FOLLICULAR ISOLATION TECHNIQUE MARKET, BY REGION 2014–2023 (USD MILLION)
TABLE 6 GLOBAL ROBOTIC HAIR TRANSPLANTATION MARKET, BY REGION 2014–2023 (USD MILLION)
TABLE 7 GLOBAL AUTOMATED FUE HAIR TRANSPLANTATION MARKET, BY REGION 2014–2023 (USD MILLION)
TABLE 8 GLOBAL HAIR TRANSPLANT MARKET, BY TYPE OF SURGERY 2014–2023 (USD MILLION)
TABLE 9 GLOBAL HEAD HAIR TRANSPLANT MARKET, BY REGION 2014–2023 (USD MILLION)
TABLE 10 GLOBAL EYEBROW TRANSPLANT MARKET, BY REGION 2014–2023 (USD MILLION)
List of Figures
FIGURE 1 HAIR TRANSPLANT MARKET HISTORY AND EVOLUTION OF HAIR TRANSPLANT
FIGURE 2 GLOBAL HAIR TRANSPLANT MARKET, BY METHODS 2014–2023 (USD MILLION)
FIGURE 3 GLOBAL HAIR TRANSPLANT MARKET, BY TYPE OF SURGERY 2014–2023 (USD MILLION)
FIGURE 4 GLOBAL HAIR TRANSPLANT MARKET, BY END USERS 2014–2023 (USD MILLION)
FIGURE 5 GLOBAL HAIR TRANSPLANT MARKET, BY REGION 2014–2023 (USD MILLION)
FIGURE 6 GLOBAL HAIR TRANSPLANT: MARKET STRUCTURE
FIGURE 7 RESEARCH PROCESS
FIGURE 8 DRIVERS AND RESTRAINTS IMPACT ANALYSIS OF GLOBAL HAIR TRANSPLANT MARKET
FIGURE 9 PORTER’S FIVE FORCES ANALYSIS OF GLOBAL HAIR TRANSPLANT MARKET
FIGURE 10 GLOBAL HAIR TRANSPLANT MARKET, BY SURGICAL METHODS 2017 & 2023 (USD MILLION)
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