Hair Transplant Market Overview
Market Research Future (MRFR) studied the Global Hair Transplant Market 2020 through the review period till 2023. As per MRFR study, the hair transplant marker is expected to rise at 24.0% CAGR through the review period. By 2023, the global market of hair transplant is expected to value at USD 23,881.9 Mn. COVID 19 assessment for the global hair transplant market is offered. The extensive application of hair transplant to treat male pattern baldness can underpin the market surge. The availability of over-the-counter (OTC) hair restoration solutions can promote the market growth. The rise in surgical procedures, increase in consumption of drugs, and changes in lifestyle are other cause that are observed to cause baldness, thus can favor the hair transplant market.
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The availability of advanced hair transplant procedures can favor the market expansion. In addition, the increase in case of success with hair transplantation procedures can promote the market rise by the end of the review period. The introduction of robotic-assisted and automated hair transplantation techniques can also boost the market.
Hair Transplant Market Key Players
DICAMAT, Cole Instruments Inc., Restoration Robotics Inc., Ethics hair Instruments, Bernstein Medical, and Bosley are some companies in the Covid19 analysis on Hair Transplant Market that are listed by MRFR. Different organic and inorganic expansion strategies adopted by these companies can aid them gain competitive advantage over their competitors. Mergers & acquisitions, partnerships and collaborations, product launches, and joint ventures are some of the growth plans that are adopted by these players.
Hair Transplant Market Segmentation
The segment study of the global hair transplant market is done by surgery type, surgical method, and end user.
The surgical method-based segments of the hair transplant market are follicular unit extraction (FUE), and follicular unit transplantation (FUT) among others. The follicular unit transplantation segment can dominated the market. The follicular unit extraction sub-segments are robotic hair transplantation, follicular isolation technique, and automated FUE hair transplantation.
The surgery type-based segments of the hair transplant market are eyebrow transplant, head hair transplant, and frontal hairline lowering or reconstruction among others.
The end user-based segments of the global hair transplant market are hospitals, trichology clinics, and dermatologic clinics among others.
Global Hair Transplant Market, by Surgical Method
- Follicular Unit Transplantation (FUT)
- Follicular Unit Extraction (FUE)
- Follicular Isolation Technique
- Robotic Hair Transplantation
- Automated FUE Hair Transplantation
- Others
Global Hair Transplant Market, by Surgery Type
- Head Hair Transplant
- Eyebrow Transplant
- Frontal Hairline Lowering or Reconstruction
- Others
Global Hair Transplant Market, by End User
- Trichology Clinics
- Hospitals
- Dermatologic Clinics
- Others
Hair Transplant Market Regional Analysis
North America hair transplant market can rise a decent pace across the evaluation period as surge in the emphasis on skincare, changing lifestyle of people, extensive use of cosmetics, and rise in the demand for restoration of hair can are reported. In North America, an increase in hair transplant procedure is observed due to high psychological stress, poor dietary habits, reduced nutritional levels as the age progresses, and hormonal changes.
In Asia Pacific, the hair transplant market is expected to surge due to increase in cases of baldness. In addition, rise in incidences of stress and workload and deterioration of mental and physical health among youth, lifestyle disorders, rising prevalence of skin disease, rise in social influence, psychological stress, and peer pressure among others can bolster APAC hair transplant market for the review period.
In Europe, the prevalence of unhealthy eating habits among adults and the teenage populace, mounting need for technological advancement in the skincare industry, low price for hair transplant treatment, and surge in urbanization can cause the UK, and Germany to head the regional market.
In the Middle East and Africa, the hair transplant market can surge at high pace as the awareness about less invasive hair transplant procedure is observed to spread. Rise in spending on medical infrastructure development can favor MEA hair transplant market by 2023
Impact of COVID-19 on the Global Hair Transplant Market @ https://www.marketresearchfuture.com/reports/hair-transplant-market-3409
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NOTE : Our team of researchers are studying Covid19 and its impact on various industry verticals and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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