Hair Transplant Market Introduction and 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%.
The report includes an in-depth analysis of the Global Hair Transplant Market, including market size and trends, product mix, distribution channels, and supplier analysis. Hair transparent surgery is used to treat baldness and hair removal. It is a medical process that helps to fill in scars from accidents or procedures 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 commonly extracted from a donor site and implanted to a balding or thinning region during hair transplant surgery.
- April 2022: In Turkey, Hermest Hair Clinic-HHC offers hair transplant services. It just launched its FUE procedure at a cheap cost, making it a low-cost hair transplant clinic in Turkey for patients from all over the world.
- Use of Robotics: Technology has been continually developing since the start of robotic hair transplantation. To achieve good treatment results, transplantation institutions and premier clinics are attempting to enhance the technique's complexity.
Market Opportunities and Challenges
One significant market opportunity in the global hair transplant market is the increasing demand for hair restoration procedures among a larger demographic. Previously, hair transplants were primarily sought after by middle-aged individuals. However, there is a growing trend of younger individuals opting for hair transplant procedures due to factors such as early hair loss, changing beauty standards, and increased awareness. This expanding market segment presents an opportunity for hair transplant clinics and surgeons to cater to a broader customer base and offer specialized services to address the unique needs and expectations of younger patients.
One of the major issues in the worldwide hair transplant business is the scarcity of acceptable donor hair. Hair transplant treatments involve moving hair from one area of the body to another, and the procedure's effectiveness is dependent on having a enough quantity of healthy donor hair. Finding adequate donor hair might be difficult in situations of significant hair loss or restricted donor locations, thereby restricting the procedure's usefulness and success. To circumvent donor supply constraints, new procedures, such as enhanced extraction processes or alternate sources of donor hair, must be developed.
Market Competitive Landscape
The global hair transplant industry is split between start-ups and established companies. These market participants are always focused on developing new products in order to achieve effective transplant surgeries and outcomes. Some of these key players in the global Hair Transplant market include Acıbadem Healthcare Group, Allergan Plc, Bernstein Medical, Cutera, Inc., Dermamagnetica Clinic, Getfue Hair Clinics Ltd., Hairdoc, Hair Restoration Black Rock, ILHT Dubai, Tempus Hair Restoration of Florida, Medical Hair Transplants & Aesthetics, Limmer Hair Transplant Center, Hairline International Hair & Skin Clinic, Springs Hair Restoration, Hair Palace Co Ltd., Venus Concept, Others.
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
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| Geographies covered | Asia-Pacific Middle East and Africa, North America, Europe, Latin America
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| Companies Covered | Cutera, Inc., Hair Restoration Black Rock, Hairdoc, Tempus Hair Restoration of Florida, ILHT Dubai, Acıbadem Healthcare Group, Allergan Plc, Dermamagnetica Clinic, Bernstein Medical, Getfue Hair Clinics Ltd., Medical Hair Transplants & Aesthetics, Limmer Hair Transplant Center, Hairline International Hair & Skin Clinic, Springs Hair Restoration, Hair Palace Co Ltd., Venus Concept, Others
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COVID-19 Impact on Global Hair Transplant Market
The global hair transplant market experienced a temporary decline in procedures during the peak of the COVID-19 pandemic due to lockdowns and travel restrictions. Reduced consumer spending on non-essential procedures, including hair transplants, was also observed as individuals faced financial uncertainties. The pandemic caused a shift in priorities towards immediate health needs, potentially deprioritizing cosmetic procedures like hair transplants. However, as vaccination efforts progressed and restrictions eased, there has been a resurgence in demand for hair transplant procedures driven by pent-up demand from individuals who delayed their treatments during the height of the pandemic.
Key Target Audience
- Dermatology Clinics and Hair Restoration Clinics
- Hair Transplant Surgeons
- Individuals with Hair Loss
- Insurance Companies
- Medical Device Manufacturers
- Medical Institutions and Hospitals
- Medical Professionals
- Patients' Support Groups and Associations
- Pharmaceutical Companies
- Research Institutions and Academia
Our in-depth analysis of the Hair Transplant Market includes the following segments:
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By Service Provider:
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Dermatology clinics
Hospitals
Trichology Clinics
Surgical Centers
Others
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By Gender:
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Female
Males
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By Product:
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Gel
Serum
Drugs
Multivitamins
Others
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By Therapy:
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Platelet-Rich Plasma Therapy (PRP)
Stem Cell Therapy
Laser Therapy
Others
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By Surgery Type:
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Head Hair Transplant
Eyebrow Transplant
Frontal Hairline Lowering or Reconstruction
Others
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Key Topics Covered in the Report
- Global Hair Transplant Market Size (FY’2022-FY’2032)
- Overview of Global Hair Transplant Market
- Segmentation of Global Hair Transplant Market By Surgical Procedure (Follicular Unit Transplantation, Follicular Unit Extraction, Combination of FUE and FUT, Others)
- Segmentation of Global Hair Transplant Market By Service Provider (Dermatology clinics, Hospitals, Trichology Clinics, Surgical Centers, Others)
- Segmentation of Global Hair Transplant Market By Gender (Female, Male)
- Segmentation of Global Hair Transplant Market By Product (Gel, Drugs, Multivitamins, Serum and Others)
- Segmentation of Global Hair Transplant Market By Therapy (Platelet-Rich Plasma Therapy, Stem Cell Therapy, Laser Therapy, Others)
- Segmentation of Global Hair Transplant Market By Surgery Type (Head Hair Transplant, Frontal Hairline Lowering or Reconstruction, Eyebrow Transplant, Others)
- Statistical Snap of Global Hair Transplant Market
- Expansion Analysis of Global Hair Transplant Market
- Problems and Obstacles in Global Hair Transplant Market
- Competitive Landscape in the Global Hair Transplant Market
- Impact of COVID-19 and Demonetization on Global Hair Transplant Market
- Details on Current Investment in Global Hair Transplant Market
- Competitive Analysis of Global Hair Transplant Market
- Prominent Players in the Global Hair Transplant Market
- SWOT Analysis of Global Hair Transplant Market
- Global Hair Transplant Market Future Outlook and Projections (FY’2022-FY’2032)
- Recommendations from Analyst
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