This market's expansion is picking up speed and is anticipated to continue during the forecast period. The rising demand for number of hair restoration treatments, the incidence of alopecia, and the development of technology in the hair transplant industry will drive the hair transplant market during the forecast period. Hair transplant is a medical procedure that helps to fill in scars from accidents or operations and restore hair loss from the body. hair transplants are more successful than over-the-counter hair restoration solutions. hair transplants are more successful than over-the-counter hair restoration solutions.
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. 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 global market for hair transplants is fragmented, with start-ups and established giants coexisting. These market participants are consistently concentrating on creating cutting-edge solutions to achieve successful transplant procedures and outcomes. Venus Concept has outperformed the competition through diligent research and the introduction of both surgical and non-surgical therapeutic products. One of the most demanding systems in the world today is the robotic system ARTAS iX. This technique aids medical professionals in locating and removing hair follicles from the scalp of alopecia sufferers. After combining with Restoration Robotics Inc., Venus Concept introduced this ARTAS technology and made use of its potential in the hair restoration industry.
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.
The Global Hair Transplant Market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; Acıbadem 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 .
SPER Market Research study aims to provide market dynamics, demand and supply with yearly forecast to 2032. This report provides data for growth estimates and forecasts for product type segment –By Surgical Procedure (Follicular Unit Transplantation (FUT), Follicular Unit Extraction (FUE), Combination of FUE and FUT, Others), By Service Provider (Dermatology clinics, Hospitals, Trichology Clinics, Surgical Centers and Others),By Gender (Female and Male), By Product (Gel, Serum, Drugs, Multivitamins and Others), By Therapy (Platelet-Rich Plasma Therapy (PRP), Stem Cell Therapy, Laser Therapy and Others), By Surgery Type (Head Hair Transplant, Eyebrow Transplant, Frontal Hairline Lowering or Reconstruction and Others).
This report also provides the data for key regional segments of North America, Europe, Asia-Pacific and Rest of the World.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.