What is the global market size of Hair Transplant Market?

Global Hair Transplant Market size was valued at USD 4.9 billion in 2021 and is poised to grow from USD 5.9 billion in 2022 to USD 31.37 billion by 2030, growing at a CAGR of 20.4% in the forecast period (2023-2030).

Who are the key vendors in the Global Hair Transplant Market?

The worldwide hair transplant industry is divided into firms ranging from start-ups to established players. These market participants are always focused on producing novel goods to accomplish successful transplant operations and results. Venus Concept has outperformed the competition via rigorous development and the launch of surgical and non-surgical therapeutic options. The ARTAS iX robotic system has evolved into one of the most demanding systems in the world. This technique aids clinicians in locating and harvesting hair follicular units from alopecia patients' scalps. Venus Concept, which merged with Restoration Robotics Inc., introduced this ARTAS technology to the market and has capitalised on its potential in the hair restoration business. 'Bosley Inc.', 'Allergan, Plc.', 'Restoration Robotics, Inc.', 'Venus Concept Ltd.', 'Hair Club', 'Hairline International Hair and Skin Clinic', 'Hair Transplant Center Turkey', 'National Hair Centers', 'NeoGraft Solutions', 'The Harley Street Hair Clinic', 'Bernstein Medical - Center for Hair Restoration', 'Hair Transplant Dubai Clinic', 'Capillus LLC', 'Dr Batra’s Positive Health Clinic Pvt Ltd.', 'Limmer Hair Transplant Center', 'Hairline Ink', 'Alvi Armani', 'Medicamat', 'Hair Transplant Institute Miami', 'Hair Restoration Centers'.

What is the key driver of Global Hair Transplant Market?

The rapidly shifting lifestyles, growing awareness of personal appearance, expanding celebrity and media effect, and rising disposable cash flow are a few of the factors driving global hair transplant business sector expansion. This is a good indication for the hair transplant industry. One of the major reasons for excessive baldness in the hair transplant industry is people's changing lifestyles all over the world.

What is the key market trend for Global Hair Transplant Market?

Popularity of Hair Transplantation: Hair transplantation is the most frequent surgical procedure performed on males across the world. Hair loss in males is referred to as androgenic alopecia. Male pattern baldness affects around 35 million men in the United States each year, according to the International Society of Hair Restoration Surgery (ISHRS). This rising occurrence is expected to draw patients' attention to hair restoration procedures and treatment choices. Furthermore, the introduction of innovative procedures and effective products is projected to attract patients to the hair transplant market throughout the forecast period.

Which region accounted for the largest share in Global Hair Transplant Market?

North America had the bulk of the worldwide hair transplant market share in 2022 and is expected to maintain its dominance during the forecast period. This is due to a growth in the number of hair transplant surgeries, an increase in the number of approvals for enhanced hair transplant techniques, the existence of the hair transplant business, and developments in the region's healthcare sector. Asia-Pacific is expected to have profitable growth as the number of male populations increases, young people have become more aware of hair transplant therapy.

Hair Transplant Market Size, Share, Growth Analysis, By Type (Surgical, Non-surgical), By Gender (Male, Female), By End User (Hospitals & Clinics, Hair Transplant Centers ), By Region - Industry Forecast 2024-2031

Report ID: SQMIG35D2050 | Region: Global | Published Date: September, 2024
Pages: 165 | Tables: 92 | Figures: 76

Hair Transplant Market Competitive Landscape

Hair Transplant Market Top Player’s Company Profiles

Bosley Inc.
Allergan, Plc.
Restoration Robotics, Inc.
Venus Concept Ltd.
Hair Club
Hairline International Hair and Skin Clinic
Hair Transplant Center Turkey
National Hair Centers
NeoGraft Solutions
The Harley Street Hair Clinic
Bernstein Medical - Center for Hair Restoration
Hair Transplant Dubai Clinic
Capillus LLC
Dr Batra’s Positive Health Clinic Pvt Ltd.
Limmer Hair Transplant Center
Hairline Ink
Alvi Armani
Medicamat
Hair Transplant Institute Miami
Hair Restoration Centers

Hair Transplant Market Recent Development

In December 2022, Hairclub expanded their facility in Florida, USA, in order to cater to residents who are looking for solutions for hair loss. The new center in Wildwood offers access to Hair Club’s services, providing personalized solutions for hair loss.
In April 2022, HermestHair Clinic (HHC) in Turkey launched the new low-cost Follicle Unit Extraction (FUE) procedure for hair transplantation. This new service offers patients a unique and affordable option is a difficult approach to hair restoration.
In April 2022, ExoCoBio Inc. launched ASCE HRLV, a product designed to rejuvenate hair and treat hair loss. ASCE+ HRLV aims to accelerate its market presence by delivering four key benefits: hair rejuvenation, hair loss treatment, anti-aging hair correction, and head prevention of hair problems. This product is designed to meet the hair and scalp care needs of people of all ages and genders.

Hair Transplant Market Report Snapshots

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Global Hair Transplant Market size was valued at around USD 13.9 billion in 2022 and is expected to rise from USD 18.5 billion in 2023 to reach a value of USD 111 billion by 2031, at a CAGR of 25.1% over the forecast period (2024–2031).

In the competitive environment of the hair transplant market, companies including Hair Restoration Blackrock, Bosley, Hasson & Wong and Advanced Hair Restoration stand out through innovative techniques, advanced technology and comprehensive patient care. Many clinics focus on less invasive procedures such as follicular unit extraction (FUE) and offer various related services such as PRP therapy, laser therapy to enhance results. Furthermore, partnerships and collaborations with physicians and technologists to expand services and improve patient outcomes is frequent occurrence. The market is characterized by increasing competition as consumer demand continues to increase. 'Bosley Inc. ', 'Allergan, Plc. ', 'Restoration Robotics, Inc. ', 'Venus Concept Ltd. ', 'Hair Club ', 'Hairline International Hair and Skin Clinic ', 'Hair Transplant Center Turkey ', 'National Hair Centers ', 'NeoGraft Solutions ', 'The Harley Street Hair Clinic ', 'Bernstein Medical - Center for Hair Restoration ', 'Hair Transplant Dubai Clinic ', 'Capillus LLC ', 'Dr Batra’s Positive Health Clinic Pvt Ltd. ', 'Limmer Hair Transplant Center ', 'Hairline Ink ', 'Alvi Armani ', 'Medicamat ', 'Hair Transplant Institute Miami ', 'Hair Restoration Centers'

The hair transplant market is growing exponentially with the increasing awareness and adoption of cosmetic products by both men and women. As standards of living improve, individuals are more open to pursuing cosmetic procedures, including hair restoration. Even though factors such as the influence of social media, celebrity endorsements and increased visibility of before and after results have helped to legitimize hair transplants, period with the stigma associated with cosmetic products.

A notable trend in the hair transplant market is the demand for non-surgical hair restoration methods such as platelet (PRP) therapy and topical treatments. Many individuals are seeking surgical procedures that offer minimally invasive and affordable solutions. These treatments, which promote hair growth through natural processes, appeal to people who are hesitant to undergo surgery. As a result, hospitals are expanding their service offerings to include more non-invasive options to meet this growing consumer demand.

The dominance of North America in the market can be attributed to several factors. With a huge revenue share of 32.24% in 2023. The region has a large target demographic, making it an attractive market for hairdressing businesses. Technological advances in hair transplant techniques, such as follicular unit extraction (FUE) and follicular unit transplantation (FUT), have made these treatments more accessible and less invasive, and for popularity including famous hospitals and innovative brands in North America. The presence of several market players also contributes to the market dominance of this region. The combination of these factors has made North America is important in the global market, which has strong potential for further growth in the coming years. There are many key players, making it a competitive market with a wide range of treatment options.

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Hair Transplant Market Size, Share, Growth Analysis, By Type (Surgical, Non-surgical), By Gender (Male, Female), By End User (Hospitals & Clinics, Hair Transplant Centers ), By Region - Industry Forecast 2024-2031

Hair Transplant Market Competitive Landscape

Hair Transplant Market Report Snapshots

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What is the global market size of Hair Transplant Market?

Who are the key vendors in the Hair Transplant Market?

What is the key driver of Hair Transplant Market?

What is the key market trend for Hair Transplant Market?

Which region accounted for the largest share in Hair Transplant Market?

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