Hair Restoration Services Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Healthcare Report Format : PDF Report Code: ZMR-5642 Status : Upcoming

Description

Global Hair Restoration Services Market: Overview

Hair restoration treatments and surgeries have drastically developed over the past few years due to the extensive researches and studies conducted by experts and scientists. The concept of hair restoration remains the same, but there has been a major transformation in the method of surgeries and other treatments. There are two types of surgical hair restoration methods namely FUE (Follicular Unit Extraction) and FUT (Follicular Unit Transplantation).

Non-surgical treatments for hair loss are effective at the initial stages. These treatments include specialty shampoos, leave-in products, and supplements. These medications can reverse or slow down hair loss that is mild by improving hair growth. However, there have been no special clinical studies showing that if these over-the-counter treatments could help slow down baldness or otherwise.

Global Hair Restoration Services Market: Growth Factors

In the recent years, there has been a substantial increment in the number of people suffering from alopecia. The newer and advanced methods of hair restoration offer better and natural results, and also have lesser discomfort or side effects post-surgery. This is a primary driver for the growth of this market.

Additionally, factors such as peer pressure, rising awareness regarding one’s own physical appearance, urge to have a good hairstyle, increasing disposable incomes, societal pressure, and rapid urbanization are some of the factors propelling the expansion of the global hair restoration services market.

However, high cost of treatment is a market constraint expected to slow down the growth of the global hair restoration services market. Also, a lot of care needs to be taken post-surgery to avoid bleeding or other side effects. If intensive post-surgery care is ignored, the patient experiences side effects which are usually adverse.

Global Hair Restoration Services Market: Segmentation

The global hair restoration services market has been classified on the basis of method, product type, recipient area, therapy, end-user, and region. Based on method, the market can be segregated as follicular unit transplantation and follicular unit extraction. Follicular unit extraction (FUE) dominates the global hair restoration services market. Follicular unit extraction (FUE) can potentially provide very natural results. Also, any post-surgical pain or discomfort is minimal when this technique is used.

By product type, the global hair restoration services market is segmented into gel, oil, lotion, and foam. By recipient area, the market has been classified as scalp and non-scalp. The scalp segment is anticipated to have the largest chunk of the market in the upcoming years. Women suffering from thinning hair and men suffering from pattern baldness, and victims of scalp injuries usually choose hair transplant.

Based on therapy, the global hair restoration market is differentiated into prostaglandin therapy, platelet rich plasma, laser therapy, and stem cell therapy. By end-user, the market has been categorized into retail pharmacy, hospital pharmacy, and online pharmacy.

Global Hair Restoration Services Market: Regional Analysis

North America dominates the global hair restoration services market. This can be attributable to the highly developed medical industry, rising social media influencers, brand endorsements done by public figures, high number of advertisements & promotional events organized by the major brands, higher standard of living, increasing prevalence of hair loss & other related scalp disorders, high societal pressure, and growing word of mouth.

Asia Pacific is predicted to exhibit the highest CAGR during the forecast timeframe due to the increasing prevalence of people affected with baldness & other disorders, rising social media influencers on platforms such as YouTube and Instagram, rising urban population, rise in the number of people in the age group 25-40 because it is a majorly affected population, increasing disposable incomes, peer & societal pressure, rising awareness regarding grooming & better physical appearance, and presence of drastically developing economies such as India and China.

Global Hair Restoration Services Market: Competitive Players

The global hair restoration services market is highly competitive with a presence of a large number of players competing with each other. With the recent advancements in medicine and surgical industry, some of the smaller and mid-sized companies are offering treatments at lower costs to enhance their position in the market. These brands are also focusing on advertising their products and services more effectively, expanding their operations, partnerships, and increasing brand endorsements.

Some of the major players operating in the global hair restoration services market comprise Theradome, Milla Marie, Restoration Robotics, Igrow, Lexington Intl., LLC, RIKEN, Venus Concept, Ilumiflow, Reversal Advanced Hair Treatment, and NovaGenix.

Global Hair Restoration Services Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

Table Of Content


Frequently Asked Questions

Some of the major players operating in the global hair restoration services market comprise of Theradome, Milla Marie, Restoration Robotics, Igrow, Lexington Intl., LLC, RIKEN, Venus Concept, Ilumiflow, Reversal Advanced Hair Treatment, and NovaGenix.

Factors such as peer pressure, rising awareness regarding one’s own physical appearance, urge to have a good hairstyle, increasing disposable incomes, societal pressure, and rapid urbanization are some of the factors propelling the expansion of the global hair restoration services market.

Asia Pacific is predicted to exhibit the highest CAGR during the forecast timeframe due to the increasing prevalence of people affected with baldness and other disorders, rising social media influencers on platforms such as YouTube and Instagram, rising urban population, peer & societal pressure, rising awareness regarding grooming & better physical appearance, and presence of drastically developing economies such as India and China.

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