The Global Hair Transplant Market offers a vast spectrum of opportunities to different product developers and services providers including industries, vendors, and firms to develop and grow in the market at a universal level. The Global Hair Transplant Market provides detailed and suitable information regarding leading key players along with rise industries competing for grabbing the share in the market in terms of revenue, sales, demand, supply, and providing quality.
The global hair transplant market accounted to US$ 5,272.1 Mn in 2017 and is expected to grow at a CAGR of 23.6% during the forecast period 2018 – 2025, to account to US$ 28,627.6 Mn by 2025.
According to a new market research study titled ‘Hair Transplant Market to 2025 – Global Analysis and Forecasts by Procedure, Site of Transplant and Therapy. The global Hair Transplant market is estimated to account for US$ 28,627.6 Mn by 2025 as compared to US$ 5,272.1 Mn in 2017, growing at a CAGR of 23.6% during the forecast period from 2018 to 2025. The report highlights the trends prevalent in the global hair transplant market and the factors driving the market along with those that act as restraints to its growth.
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Hair Transplant Market to 2025 – Global Analysis and Forecasts by Technique (Follicular Unit Extraction and Follicular Unit Strip Surgery), by Site of Transplant (Scalp, Facial and Chest), by Therapy (PRP, Laser Cap and Revage 670 Laser)
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Hair Transplant Market
- To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa)
The key players operating in the field of Hair Transplant worldwide include Cole Instruments Inc., CAPILLUS, LaserCap Company, Apira Science, Harris FUE Instruments, HairMax Inc., THERADOME, FueInstrument, Shaanxi Xingmao Industry Co., Ltd, and Restoration Robotics, Inc. among others.
The global hair transplant market is a matured market in the developing countries as well as developing economies worldwide. According to International Society of Hair Restoration Surgery (ISHRS), as many as 635,189 surgical hair restoration procedures were performed in 2016 across the globe. This number has increased from 397,048 in 2014. The increase in number of hair restoration procedures can be attributed to decreasing cost of surgery, increasing awareness and rise in number of patients across the globe. The cost for hair transplant surgery significantly vary, based on expanse of the hair loss, the type, cost of the procedure used and also depends on the geographic location.
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The market is further examined by evaluating the market on basis of five strategic regions worldwide as North America, Europe, Asia Pacific, Middle East and Africa, and South America. North America has largest market share of the global hair transplant market, by geography. This largest share can be attributed to government initiatives, investments made by the major companies, conferences held for the awareness regarding hair transplant, technological advancements in the field of hair transplants, and higher acceptance by the consumers. However, in Middle East & Africa, Turkey is one of the most popular destinations with affordable price ranges and skillful doctors for hair transplantation. The hair restoration industry has grown at a higher pace in the past decade in the country. Cheap hair transplant surgery is one of the major factor that bring visitors to Turkey. The recent advancements in FUE techniques have improved the process and brought the costs down in the country. Besides the cost, the doctor decides on the patient’s condition to decide which method is the most effective. The FUE is recommended for patient who had a hair transplantation before or for those with tight scalp.
The report segments the global hair transplant market as follows:
· Global Hair Transplant Market – By Procedure
- Surgical Procedure
- Follicular Unit Strip Surgery (FUSS)
- Follicular Unit Extraction (FUE)
- Non-Surgical Procedure
· Global Hair Transplant Market – By Application
· Global Hair Transplant Market – By Therapy
- Platelet Rich Plasma
- Laser Cap
- Revage 670 Laser
· Global Hair Transplant Market – By Geography
- North America
· Asia Pacific (APAC)
· Middle East & Africa (MEA)
- Saudi Arabia
- South Africa
· South & Central America (SCAM)
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