Global Hair Transplant Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 2/24/2023
- NO OF PAGES
- 241
- CATEGORY
- Healthcare & Life Sciences
In 2021, the market for Hair Transplant worldwide was worth $4.92 billion US dollars. AMR Group projects that the market will reach US$ 32.18 billion by 2031, growing at a CAGR of 24.4 percent between 2022 and 2031.
Industry Overview
Hair transplant is a surgical procedure that involves removing hair from one part of the body (usually the back of the scalp, where hair growth is dense) and transplanting it to another area of the body where hair is thinning or balding. The procedure involves extracting individual hair follicles or strips of hair follicles from the donor site and then implanting them into the recipient site. Hair transplant is primarily used to treat male pattern baldness, but it can also be used to treat thinning hair in women, as well as hair loss due to injury or scarring. The two most commonly used methods for hair transplantation are Follicular Unit Transplantation (FUT) and Follicular Unit Extraction (FUE).
Market Dynamics
Hair transplant is a growing market due to increasing demand for aesthetic procedures to address hair loss. The market dynamics of hair transplant include various factors such as rising prevalence of alopecia, increasing awareness regarding aesthetic appearance, growing healthcare expenditure, and technological advancements in hair transplant techniques. The demand for hair transplant procedures is increasing globally, with a rise in the number of people suffering from hair loss due to factors such as stress, pollution, and genetics. However, factors such as high costs of procedures, side effects associated with hair transplant procedures, and lack of reimbursement policies are some of the major challenges faced by the hair transplant market. In addition, the market is highly competitive with the presence of a large number of players providing hair transplant procedures. Overall, the hair transplant market is expected to continue to grow due to the increasing demand for aesthetic procedures, rising prevalence of alopecia, and technological advancements in hair transplant techniques.
COVID Impact
The hair transplant industry has been moderately impacted by the COVID-19 pandemic. During the initial months of the pandemic, many hair transplant clinics had to temporarily shut down due to government regulations and safety concerns. However, as the situation improved and restrictions were lifted, the industry started to pick up again. One significant impact of the pandemic has been a change in consumer behavior. People have become more conscious of their health and safety, and are more likely to seek out clinics that prioritize hygiene and sanitation. This has led to an increased demand for hair transplant clinics that have implemented strict safety protocols. Another impact of the pandemic has been a shift towards online consultations and virtual appointments. Many clinics have started offering these services to minimize in-person contact and reduce the risk of transmission. This has made hair transplant procedures more accessible to people who are unable or unwilling to travel during the pandemic. Overall, while the COVID-19 pandemic has had a negative impact on the hair transplant industry in the short term, it has also created opportunities for innovation and adaptation, and the industry is expected to recover and continue to grow in the long term.
Regional Trend
The hair transplant market has a global presence and is analyzed in different regions around the world. Some of the key regions analyzed for this market include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. North America and Europe are the leading regions in the hair transplant market owing to the high adoption of advanced technologies, growing concerns regarding hair loss, and increasing expenditure on cosmetic procedures. The presence of major market players and growing awareness regarding hair transplantation in these regions also contribute to the growth of the market. The Asia-Pacific region is expected to witness significant growth during the forecast period, driven by factors such as a large patient pool, growing disposable income, and increasing awareness about hair transplantation procedures. The market is also driven by growing medical tourism in the region due to the availability of cost-effective hair transplant procedures. Latin America and the Middle East & Africa are expected to witness moderate growth during the forecast period. However, the increasing adoption of hair transplantation in these regions is likely to create growth opportunities for market players.
Competitive Landscape
The hair transplant market is highly competitive, with the presence of many established players. Some of the key players in the market are:
Bernstein Medical
Bosley Inc.
MEDICAMAT
Restoration Robotics Inc.
Cole Instruments Inc.
Harris FUE Instruments
Shaanxi Xingmao Industry Co. Ltd.
NeoGraft Solutions Inc.
HairMax Inc.
Venus Concept
These players are focusing on expanding their market presence and introducing innovative products to gain a competitive edge. The companies are also engaging in strategic partnerships, collaborations, and acquisitions to strengthen their position in the market. Additionally, there are many local players that compete with established players by offering cost-effective solutions. Furthermore, the hair transplant market is also witnessing the entry of new players, particularly from emerging economies. The increasing demand for hair restoration procedures, coupled with the rising awareness of advanced hair transplant techniques, is expected to create lucrative opportunities for market players.
Market Segmentation
Market segmentation for Hair Transplant is as follows:
Type of Procedure: Hair transplant market can be segmented into two types of procedures: Follicular Unit Transplantation (FUT) and Follicular Unit Extraction (FUE).
End-user: Hair transplant can be segmented on the basis of the end-user: hospitals, clinics and hair transplant centers.
Gender: The market for hair transplant can be segmented on the basis of gender, as the causes of hair loss and balding patterns can differ among men and women.
Region: Geographically, the hair transplant market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Service Provider: The market can be segmented on the basis of service providers: physician-led clinics, hospital-owned clinics, and standalone clinics.
Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter’s Five Force Model and SWOT analysis are used to study the global Hair Transplant market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Hair Transplant would help in identifying future applications in this market.
Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Objectives of the Study:
• To provide with an exhaustive analysis on the Hair Transplant Market by Product, By Application, By End User and by Region.
• To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
• To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
Historic Year: 2016-2022
Forecast: 2024-2035
1 Hair Transplant Introduction and Market Overview
1.1 Objectives of the Study
1.2 Overview of Hair Transplant
1.3 Hair Transplant Market Scope and Market Size Estimation
1.3.1 Market Concentration Ratio and Market Maturity Analysis
1.3.2 Global Hair Transplant Revenue and Growth Rate from 2016-2026
1.4 Market Segmentation
1.4.1 Types of Hair Transplant
1.4.2 Applications of Hair Transplant
1.4.3 Research Regions
1.5 Market Dynamics
1.5.1 Hair Transplant Industry Trends
1.5.2 Hair Transplant Drivers
1.5.3 Hair Transplant Market Challenges
1.5.4 Hair Transplant Market Restraints
1.6 Industry News and Policies by Regions
1.6.1 Industry News
1.6.2 Industry Policies
1.7 Mergers & Acquisitions, Expansion Plans
1.8 Hair Transplant Industry Development Trends under COVID-19 Outbreak
1.8.1 Global COVID-19 Status Overview
1.8.2 Influence of COVID-19 Outbreak on Hair Transplant Industry Development
2 Industry Chain Analysis
2.1 Upstream Raw Material Supply and Demand Analysis
2.1.1 Global Hair Transplant Major Upstream Raw Material and Suppliers
2.1.2 Raw Material Source Analysis
2.2 Major Players of Hair Transplant
2.2.1 Major Players Manufacturing Base of Hair Transplant in 2020
2.2.2 Major Players Market Distribution in 2020
2.3 Hair Transplant Manufacturing Cost Structure Analysis
2.3.1 Production Process Analysis
2.3.2 Manufacturing Cost Structure of Hair Transplant
2.3.3 Labor Cost of Hair Transplant
2.4 Market Channel Analysis of Hair Transplant
2.5 Major Down Stream Customers by Application
3 Global Hair Transplant Market, by Type
3.1 Global Hair Transplant Revenue and Market Share by Type (2016-2021)
3.2 Global Hair Transplant Production and Market Share by Type (2016-2021)
3.3 Global Hair Transplant Revenue and Growth Rate by Type (2016-2021)
3.3.1 Global Hair Transplant Revenue and Growth Rate of Follicular Unit Extraction
3.3.2 Global Hair Transplant Revenue and Growth Rate of Follicular Unit Strip Surgery
3.4 Global Hair Transplant Price Analysis by Type (2016-2021)
3.4.1 Explanation of Different Type Product Price Trends
4 Hair Transplant Market, by Application
4.1 Downstream Market Overview
4.2 Global Hair Transplant Consumption and Market Share by Application (2016-2021)
4.3 Global Hair Transplant Consumption and Growth Rate by Application (2016-2021)
4.3.1 Global Hair Transplant Consumption and Growth Rate of Scalp (2016-2021)
4.3.2 Global Hair Transplant Consumption and Growth Rate of Facial (2016-2021)
4.3.3 Global Hair Transplant Consumption and Growth Rate of Chest (2016-2021)
5 Global Hair Transplant Consumption, Revenue ($) by Region (2016-2021)
5.1 Global Hair Transplant Revenue and Market Share by Region (2016-2021)
5.2 Global Hair Transplant Consumption and Market Share by Region (2016-2021)
5.3 Global Hair Transplant Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4 North America Hair Transplant Consumption, Revenue, Price and Gross Margin (2016-2021)
5.4.1 North America Hair Transplant Market Under COVID-19
5.4.2 North America Hair Transplant SWOT Analysis
5.5 Europe Hair Transplant Consumption, Revenue, Price and Gross Margin (2016-2021)
5.5.1 Europe Hair Transplant Market Under COVID-19
5.5.2 Europe Hair Transplant SWOT Analysis
5.6 China Hair Transplant Consumption, Revenue, Price and Gross Margin (2016-2021)
5.6.1 China Hair Transplant Market Under COVID-19
5.6.2 China Hair Transplant SWOT Analysis
5.7 Japan Hair Transplant Consumption, Revenue, Price and Gross Margin (2016-2021)
5.7.1 Japan Hair Transplant Market Under COVID-19
5.7.2 Japan Hair Transplant SWOT Analysis
5.8 Middle East and Africa Hair Transplant Consumption, Revenue, Price and Gross Margin (2016-2021)
5.8.1 Middle East and Africa Hair Transplant Market Under COVID-19
5.8.2 Middle East and Africa Hair Transplant SWOT Analysis
5.9 India Hair Transplant Consumption, Revenue, Price and Gross Margin (2016-2021)
5.9.1 India Hair Transplant Market Under COVID-19
5.9.2 India Hair Transplant SWOT Analysis
5.10 South America Hair Transplant Consumption, Revenue, Price and Gross Margin (2016-2021)
5.10.1 South America Hair Transplant Market Under COVID-19
5.10.2 South America Hair Transplant SWOT Analysis
5.11 South Korea Hair Transplant Consumption, Revenue, Price and Gross Margin (2016-2021)
5.11.1 South Korea Hair Transplant Market Under COVID-19
5.11.2 South Korea Hair Transplant SWOT Analysis
5.12 Southeast Asia Hair Transplant Consumption, Revenue, Price and Gross Margin (2016-2021)
5.12.1 Southeast Asia Hair Transplant Market Under COVID-19
5.12.2 Southeast Asia Hair Transplant SWOT Analysis
6 Global Hair Transplant Production by Top Regions (2016-2021)
6.1 Global Hair Transplant Production by Top Regions (2016-2021)
6.2 North America Hair Transplant Production and Growth Rate
6.3 Europe Hair Transplant Production and Growth Rate
6.4 China Hair Transplant Production and Growth Rate
6.5 Japan Hair Transplant Production and Growth Rate
6.6 India Hair Transplant Production and Growth Rate
7 Global Hair Transplant Consumption by Regions (2016-2021)
7.1 Global Hair Transplant Consumption by Regions (2016-2021)
7.2 North America Hair Transplant Consumption and Growth Rate
7.3 Europe Hair Transplant Consumption and Growth Rate
7.4 China Hair Transplant Consumption and Growth Rate
7.5 Japan Hair Transplant Consumption and Growth Rate
7.6 Middle East & Africa Hair Transplant Consumption and Growth Rate
7.7 India Hair Transplant Consumption and Growth Rate
7.8 South America Hair Transplant Consumption and Growth Rate
7.9 South Korea Hair Transplant Consumption and Growth Rate
7.10 Southeast Asia Hair Transplant Consumption and Growth Rate
8 Competitive Landscape
8.1 Competitive Profile
8.2 LaserCap Company Market Performance Analysis
8.2.1 Company Profiles
8.2.2 Hair Transplant Product Profiles, Application and Specification
8.2.3 LaserCap Company Sales, Revenue, Price, Gross Margin 2016-2021
8.2.4 Company Recent Development
8.2.5 Strategies for Company to Deal with the Impact of COVID-19
8.3 Bernstein Medical Market Performance Analysis
8.3.1 Company Profiles
8.3.2 Hair Transplant Product Profiles, Application and Specification
8.3.3 Bernstein Medical Sales, Revenue, Price, Gross Margin 2016-2021
8.3.4 Company Recent Development
8.3.5 Strategies for Company to Deal with the Impact of COVID-19
8.4 CAPILLUS Market Performance Analysis
8.4.1 Company Profiles
8.4.2 Hair Transplant Product Profiles, Application and Specification
8.4.3 CAPILLUS Sales, Revenue, Price, Gross Margin 2016-2021
8.4.4 Company Recent Development
8.4.5 Strategies for Company to Deal with the Impact of COVID-19
8.5 Cole Instruments Inc Market Performance Analysis
8.5.1 Company Profiles
8.5.2 Hair Transplant Product Profiles, Application and Specification
8.5.3 Cole Instruments Inc Sales, Revenue, Price, Gross Margin 2016-2021
8.5.4 Company Recent Development
8.5.5 Strategies for Company to Deal with the Impact of COVID-19
8.6 Bosley Market Performance Analysis
8.6.1 Company Profiles
8.6.2 Hair Transplant Product Profiles, Application and Specification
8.6.3 Bosley Sales, Revenue, Price, Gross Margin 2016-2021
8.6.4 Company Recent Development
8.6.5 Strategies for Company to Deal with the Impact of COVID-19
8.7 Restoration Robotics Inc. Market Performance Analysis
8.7.1 Company Profiles
8.7.2 Hair Transplant Product Profiles, Application and Specification
8.7.3 Restoration Robotics Inc. Sales, Revenue, Price, Gross Margin 2016-2021
8.7.4 Company Recent Development
8.7.5 Strategies for Company to Deal with the Impact of COVID-19
8.8 Apira Science Market Performance Analysis
8.8.1 Company Profiles
8.8.2 Hair Transplant Product Profiles, Application and Specification
8.8.3 Apira Science Sales, Revenue, Price, Gross Margin 2016-2021
8.8.4 Company Recent Development
8.8.5 Strategies for Company to Deal with the Impact of COVID-19
8.9 Shaanxi Xingmao Industry Co., Ltd Market Performance Analysis
8.9.1 Company Profiles
8.9.2 Hair Transplant Product Profiles, Application and Specification
8.9.3 Shaanxi Xingmao Industry Co., Ltd Sales, Revenue, Price, Gross Margin 2016-2021
8.9.4 Company Recent Development
8.9.5 Strategies for Company to Deal with the Impact of COVID-19
8.10 MEDICAMAT Market Performance Analysis
8.10.1 Company Profiles
8.10.2 Hair Transplant Product Profiles, Application and Specification
8.10.3 MEDICAMAT Sales, Revenue, Price, Gross Margin 2016-2021
8.10.4 Company Recent Development
8.10.5 Strategies for Company to Deal with the Impact of COVID-19
8.11 Harris FUE Instruments Market Performance Analysis
8.11.1 Company Profiles
8.11.2 Hair Transplant Product Profiles, Application and Specification
8.11.3 Harris FUE Instruments Sales, Revenue, Price, Gross Margin 2016-2021
8.11.4 Company Recent Development
8.11.5 Strategies for Company to Deal with the Impact of COVID-19
8.12 Ethics hair Instruments Market Performance Analysis
8.12.1 Company Profiles
8.12.2 Hair Transplant Product Profiles, Application and Specification
8.12.3 Ethics hair Instruments Sales, Revenue, Price, Gross Margin 2016-2021
8.12.4 Company Recent Development
8.12.5 Strategies for Company to Deal with the Impact of COVID-19
8.13 HairMax Inc. Market Performance Analysis
8.13.1 Company Profiles
8.13.2 Hair Transplant Product Profiles, Application and Specification
8.13.3 HairMax Inc. Sales, Revenue, Price, Gross Margin 2016-2021
8.13.4 Company Recent Development
8.13.5 Strategies for Company to Deal with the Impact of COVID-19
9 Global Hair Transplant Market Analysis and Forecast by Type and Application
9.1 Global Hair Transplant Market Revenue & Volume Forecast, by Type (2021-2026)
9.1.1 Follicular Unit Extraction Market Revenue and Volume Forecast (2021-2026)
9.1.2 Follicular Unit Strip Surgery Market Revenue and Volume Forecast (2021-2026)
9.2 Global Hair Transplant Market Revenue & Volume Forecast, by Application (2021-2026)
9.2.1 Scalp Market Revenue and Volume Forecast (2021-2026)
9.2.2 Facial Market Revenue and Volume Forecast (2021-2026)
9.2.3 Chest Market Revenue and Volume Forecast (2021-2026)
10 Hair Transplant Market Supply and Demand Forecast by Region
10.1 North America Market Supply and Demand Forecast (2021-2026)
10.2 Europe Market Supply and Demand Forecast (2021-2026)
10.3 China Market Supply and Demand Forecast (2021-2026)
10.4 Japan Market Supply and Demand Forecast (2021-2026)
10.5 Middle East and Africa Market Supply and Demand Forecast (2021-2026)
10.6 India Market Supply and Demand Forecast (2021-2026)
10.7 South America Market Supply and Demand Forecast (2021-2026)
10.8 South Korea Market Supply and Demand Forecast (2021-2026)
10.9 Southeast Asia Market Supply and Demand Forecast (2021-2026)
10.10 Explanation of Market Size Trends by Region
10.11 Hair Transplant Market Trends Analysis
11 New Project Feasibility Analysis
11.1 Industry Barriers and New Entrants SWOT Analysis
11.2 Analysis and Suggestions on New Project Investment
12 Expert Interview Record
13 Research Finding and Conclusion
14 Appendix
14.1 Methodology
14.2 Research Data Source
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