Hair Transplant Market Strong Growth at a CAGR of 20.4% and Revenue to Hit USD 30.13 Billion by 2031
Hair Restoration Services Market Trends:
The target population for this segment includes men suffering from pattern baldness, women with thinning hair, and victims of scalp or burn injuries.
According to the report published by Allied Market Research, the global hair transplant market generated $4.90 billion in 2021, and is projected to reach $30.13 billion by 2031, growing at a CAGR of 20.4% from 2022 to 2031.
Alarming rise in the number of number of male population suffering from baldness, increase in the prevalence of alopecia, rise in development of technologies associated with hair transplantation and increase in initiative taken by government to develop healthcare infrastructure leads to the growth of hair transplant market.
| Report Coverage | Details |
| Forecast Period | 2022–2031 |
| Base Year | 2021 |
| Market Size in 2021 | $4.90 billion |
| Market Size in 2031 | $30.13 billion |
| CAGR | 20.4% |
| No. of Pages in Report | 315 |
| Segments Covered | Procedure, Gender, Service Provider, and Region |
| Drivers | Increase in awareness among population regarding physical appearance |
| Rise in the occurrence of alopecia | |
| Opportunities | Surge in the number of hair restoration procedures |
| Technological advancements in the hair transplant sector | |
| Restrains | Lack of skilled surgeons |
| High cost of hair transplants |
Request Sample Copy of Report- https://www.alliedmarketresearch.com/request-sample/17421
Market Segmentation:
Procedure Type:
- Follicular Unit Transplant (FUT): This involves removing a strip of scalp from the donor area and dissecting it into individual follicular units for transplantation.
- Follicular Unit Extraction (FUE): In this method, individual hair follicles are directly harvested from the donor area and transplanted to the recipient area.
End User:
- Hospitals: Many hair transplant procedures are performed in hospitals, often by specialized dermatologists or plastic surgeons.
- Specialized Clinics: There are clinics specifically dedicated to hair transplantation and restoration procedures.
- Surgical Centers: Some surgical centers offer hair transplant services alongside other cosmetic and plastic surgery procedures.
Gender:
- Male Hair Transplant: This segment caters to men experiencing male pattern baldness or other hair loss issues.
- Female Hair Transplant: Women also experience hair loss, and this segment focuses on their specific needs.
Geography:
- North America: This includes the United States and Canada.
- Europe: Encompassing countries in Western Europe, Eastern Europe, and other regions.
- Asia-Pacific: Including countries like India, China, Japan, and others.
- Latin America: Covering countries in Central and South America.
- Middle East and Africa: Encompassing countries in the Middle East and the African continent.
Request for Customization –
https://www.alliedmarketresearch.com/request-for-customization/17421
Research Methodology
The research operandi of the global Hair Transplant Market includes significant primary as well as secondary research. When the primary methodology encompasses widespread discussion with a plethora of valued participants, the secondary research involves a substantial amount of product/service descriptions. Furthermore, several government sites, industry bulletins, and press releases have also been properly examined to bring forth high-value industry insights.
Regional Growth Dynamics:
North America accounted for a majority of the global hair transplant market share in 2021, and is anticipated to remain dominant during the forecast period. This is attributed to rise in number of hair transplant procedures, increase in number of approvals for advanced hair transplant procedure, presence of hair transplant industry, and advancements in healthcare sector in the region. Asia-Pacific is anticipated to witness lucrative growth, owing to surge in number of male populations, rise in awareness among young population regarding hair transplant treatment, and growth in health care expenditures.
Key Findings Of The Study:
- By procedure, the follicular unit extraction (FUE) segment was the highest contributor to the market in 2021.
- By gender, the male segment was the highest contributor to the market in 2021.
- By service provider, the dermatology clinic segment dominated the market in 2021, and is expected to continue this trend during the forecast period.
- By region, North America garnered the largest revenue share in 2021, whereas Asia-Pacific is anticipated to grow at the highest CAGR during the forecast period
Competitive Landscape:
- Hairline International Hair and Skin Clinic
- Hermest Hair Clinic
- GETFUE Hair Clinics Ltd
- Hair Club
- Hair Doc
- Hair Palace Clinic
- Hair Restoration BlackRockHRBR
- Hair sure transplant center
- Limmer Hair Transplant Center
- Medical Hair Transplants & Aesthetics
Buy this Premium Research Report:
https://www.alliedmarketresearch.com/purchase-enquiry/17421
VALUE PROPOSITIONS RELATED TO THE REPORT:
- Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
- Comprehensive quantitative and qualitative insights at segment and sub-segment level
- Covid 19 impact trends and perspective
- Granular insights at global/regional/country level
- Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
- Blanket coverage on competitive landscape
Trending Reports in Healthcare Industry-
Fluid Management Devices Market – Global Opportunity Analysis and Industry Forecast, 2020–2030
Analgesics Market- Global Opportunity Analysis and Industry Forecast, 2020–2030
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Editor Details
-
Company:
- The Wire Times
