Hair Transplant Market Szie- By Surgical Procedure, By Service Provider, By Gender, By Product, By Therapy, By Surgery Type- Regional Outlook, Competitive Strategies and Segment Forecasts to 2032

Global Hair Transplant Market Overview:

According to SPER Market Research, the Global Hair Transplant Market is estimated to reach USD 38.54 billion by 2032 with a CAGR of 20.6%.

A surgical treatment called hair transparent is used to cure baldness and hair removal. It is a medical procedure that helps to fill in scars from accidents or operations and restore hair loss from the body, including the scalp, eyelashes, eyebrows, beard hair, and chest hair. Small pieces of hair-bearing scalp grafts are often removed from a donor site and moved to a balding or thinning area during hair transplant surgery. Male pattern baldness is the main condition that this method is used to address. Generally speaking, hair transplants are more successful than over-the-counter hair restoration solutions. A persistent dermatological condition that affects anyone might cause hair loss. Regardless of age or gender, everyone can experience hair loss. Although it is frequently used to treat male pattern baldness, hair transplantation can also be known to cure female population balding and hair thinning.

The number of hair restoration treatments, the incidence of alopecia, and the development of technology in the hair transplant industry are the main factors driving the growth of the global market for hair transplants. Changing lifestyles, societal pressure, growing awareness of the importance of beauty, media impact, an increase in the number of patients in developing nations, and rising disposable money are all factors that affect the market. Hair loss is a growing market driver due to the rise in the prevalence of chronic conditions such as cancer, hyperthyroidism, and hypothyroidism. For instance, chemotherapy is used to treat cancer disorders, but it causes hair loss. Due to the rise in chemotherapies, which result in hair loss, there is a greater need for hair transplant procedures. The market is expanding as a result of an increase in product approval and product launches for hair transplant procedures.

The surgical process, service provider, gender, therapy, product type, and operation type are the different market segments for hair transplants. Due to its innovative approach to conventional hair transplantation, which allows patients to transplant numerous follicle units in a single session, the follicular unit extraction method leads the Global Hair Transplant Market. For natural and effective hair restoration, a variety of non-surgical treatment options are also offered in addition to the surgical method. Due to an increase in the number of males experiencing baldness from a stressful lifestyle and a rise in the use of various hair transplant techniques, the male sector is anticipated to maintain this trend throughout the projection period. Due to the expansion in dermatological clinics and the number of specialists performing hair transplant surgery, the dermatology clinics segment is anticipated to maintain its trend during the projection period. However, due to the availability of various hair transplant techniques and the increase in government spending to strengthen the healthcare sector, the hospital segment is anticipated to experience significant growth throughout the hair transplant market forecast period.

Despite the fact that hair restoration using transplantation technology has been shown effective, the high cost of the process is expected to limit market expansion for hair transplants. Depending on the desired surgical approach, the cost of the transplant operation varies. Because of this, the high procedure cost will prevent the middle-class populations of the countries from undergoing surgery.

Impact of COVID-19 on the Global Hair Transplant Market

The COVID-19 is predicted to have a negative impact on the expansion of the world market for hair transplants. The COVID-19 pandemic has a significant impact on hair transplant surgeries. To boost hospital capacity for COVID-19 patients, a number of clinics and hospitals were reorganised. Due to the pandemic, non-essential surgical procedures are postponed. Non-emergency hair transplant treatments severely reduce the earnings of hair transplant clinics.

Scope of the Report:

• Market size available for years: 2019-2032

• Base year considered: 2021

• Forecast period: 2022-2032

• Segments covered: By Surgical Procedure, By Service Provider, By Gender, By Product, By Therapy, By Surgery Type

• Geographies covered: North America, Europe, Asia Pacific, Latin America, Middle East and Africa

• Companies Covered: AcIbadem Healthcare Group, Allergan Plc, Bernstein Medical, Cutera, Inc., Dermamagnetica Clinic, Getfue Hair Clinics Ltd., Hairdoc, Hair Palace Co Ltd., Hair Restoration Black Rock, ILHT Dubai, Hairline International Hair & Skin Clinic, Limmer Hair Transplant Center, Medical Hair Transplants & Aesthetics, Springs Hair Restoration, Tempus Hair Restoration of Florida, Venus Concept.

Global Hair Transplant Market Segmentation:

• By Surgical Procedure: Based on the Surgical Procedure, Global Hair Transplant Market is segmented as; Follicular Unit Transplantation (FUT), Follicular Unit Extraction (FUE), Combination of FUE and FUT and Others.

• By Service Provider: Based on the Service Provider, Global Hair Transplant Market is segmented as; Dermatology clinics, Hospitals, Trichology Clinics, Surgical Centers and Others.

• By Gender: Based on the Gender, Global Hair Transplant Market is segmented as; Female and Male.

• By Product: Based on the Product, Global Hair Transplant Market is segmented as; Gel, Serum, Drugs, Multivitamins and Others.

• By Therapy: Based on the Therapy, Global Hair Transplant Market is segmented as; Platelet-Rich Plasma Therapy (PRP), Stem Cell Therapy, Laser Therapy and Others.

• By Surgery Type: Based on the Surgery Type, Global Hair Transplant Market is segmented as; Head Hair Transplant, Eyebrow Transplant, Frontal Hairline Lowering or Reconstruction and Others.

• By Region: In terms of market share, North America dominated the world for hair transplants and is expected to continue to do so over the forecast period. The increase in the number of hair transplant procedures, the rise in the number of advanced hair transplant procedures approved, the existence of the hair transplant industry, and improvements in the healthcare sector in the area are all credited with this. Due to an increase in the number of men living in the region, increased knowledge of hair transplant procedures among young people, and rising health care costs, Asia-Pacific is expected to experience profitable growth.