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:
| Report Metric | Details |
| 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 | 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.
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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.
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data
2.1.2 Primary data
2.1.3 SPER’s internal database
2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Hair Transplant Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths
5.1.2 Weaknesses
5.1.3 Opportunities
5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape
5.2.2 Economic landscape
5.2.3 Social landscape
5.2.4 Technological landscape
5.2.5 Environmental landscape
5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers
5.3.2 Bargaining power of Buyers
5.3.3 Threat of Substitute
5.3.4 Threat of new entrant
5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Global Hair Transplant Market, By Surgical Procedure, 2019-2032 (USD Million)
6.1 Follicular Unit Transplantation (FUT)
6.2 Follicular Unit Extraction (FUE)
6.3 Combination of FUE and FUT
6.4 Others
7. Global Hair Transplant Market, By Service Provider, 2019-2032 (USD Million)
7.1 Dermatology clinics
7.2 Hospitals
7.3 Trichology Clinics
7.4 Surgical Centers
7.5 Others
8. Global Hair Transplant Market, By Gender, 2019-2032 (USD Million)
8.1 Female
8.2 Males
9. Global Hair Transplant Market, By Product, 2019-2032 (USD Million)
9.1 Gel
9.2 Serum
9.3 Drugs
9.4 Multivitamins
9.5 Others
10. Global Hair Transplant Market, By Therapy, 2019-2032 (USD Million)
10.1 Platelet-Rich Plasma Therapy (PRP)
10.2 Stem Cell Therapy
10.3 Laser Therapy
10.5 Others
11. Global Hair Transplant Market, By Surgery Type, 2019-2032 (USD Million)
11.1 Head Hair Transplant
11.2 Eyebrow Transplant
11.3 Frontal Hairline Lowering or Reconstruction
11.4 Others
12. Global Hair Transplant Market, By Region, 2019-2032 (USD Million)
12.1 North America
12.1.1. United States
12.1.2. Canada
12.1.3. Mexico
12.2 Europe
12.2.1. Germany
12.2.2. United Kingdom
12.2.3. France
12.2.4. Italy
12.2.5. Spain
12.2.6. Rest of Europe
12.3 Asia-Pacific
12.3.1. China
12.3.2. Japan
12.3.3. India
12.3.4. Australia
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4 South America
12.4.1. Brazil
12.4.2. Argentina
12.4.3. Rest of South America
12.5 Middle East & Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Rest of Middle East & Africa
13. Company Profiles
13.2 Acıbadem Healthcare Group
13.2.1 Company details
13.2.2 Financial outlook
13.2.3 Product summary
13.2.4 Recent developments
13.3 Allergan Plc
13.3.1 Company details
13.3.2 Financial outlook
13.3.3 Product summary
13.3.4 Recent developments
13.4 Bernstein Medical
13.4.1 Company details
13.4.2 Financial outlook
13.4.3 Product summary
13.4.4 Recent developments
13.5 Cutera Inc.
13.5.1 Company details
13.5.2 Financial outlook
13.5.3 Product summary
13.5.4 Recent developments
13.6 Dermamagnetica Clinic
13.6.1 Company details
13.6.2 Financial outlook
13.6.3 Product summary
13.6.4 Recent developments
13.7 Getfue Hair Clinics Ltd.
13.7.1 Company details
13.7.2 Financial outlook
13.7.3 Product summary
13.7.4 Recent developments
13.8 Hair Club
13.8.1 Company details
13.8.2 Financial outlook
13.8.3 Product summary
13.8.4 Recent developments
13.9 Hairdoc
13.9.1 Company details
13.9.2 Financial outlook
13.9.3 Product summary
13.9.4 Recent developments
13.10 Hair Palace Co Ltd.
13.10.1 Company details
13.10.2 Financial outlook
13.10.3 Product summary
13.10.4 Recent developments
13.11 Hair Restoration Black Rock
13.11.1 Company details
13.11.2 Financial outlook
13.11.3 Product summary
13.11.4 Recent developments
13.12 ILHT Dubai
13.12.1 Company details
13.12.2 Financial outlook
13.12.3 Product summary
13.12.4 Recent developments
13.13 Hairline International Hair & Skin Clinic
13.13.1 Company details
13.13.2 Financial outlook
13.13.3 Product summary
13.13.4 Recent developments
13.14 Limmer Hair Transplant Center
13.14.1 Company details
13.14.2 Financial outlook
13.14.3 Product summary
13.14.4 Recent developments
13.15 Medical Hair Transplants & Aesthetics
13.15.1 Company details
13.15.2 Financial outlook
13.15.3 Product summary
13.15.4 Recent developments
13.16 Springs Hair Restoration
13.16.1 Company details
13.16.2 Financial outlook
13.16.3 Product summary
13.16.4 Recent developments
13.17 Tempus Hair Restoration of Florida
13.17.1 Company details
13.17.2 Financial outlook
13.17.3 Product summary
13.17.4 Recent developments
13.18 Venus Concept
13.18.1 Company details
13.18.2 Financial outlook
13.18.3 Product summary
13.18.4 Recent developments
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
