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Hair Transplant Market to Achieve Record Revenue Levels by Foremost Industry Players till 2025

Hair Transplant

World Hair Transplant Market report titled “Hair Transplant Market Research Report – Forecast to 2025” is an expert analysis report explores the market by Research Methodology, Segmentation, Key Players and Major Region in-depth.

Industry report for “Global Hair Transplant market” by The Insight Partners comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the industry performance.

Market Introduction

In recent years, there has been a considerable rise in the number of surgical hair restoration procedures. Hair transplant surgery offers benefits such as, original hair color and appearance, and the results are permanent.

The process is completely safe and does not include harmful chemicals that might cause harm to the individual.

The above stated factors are responsible for the increase in the demand for hair transplant procedures worldwide. This gradual increase in the number of hair transplant surgeries is anticipated to increase the demand for transplant in the forecast period.

Hair transplant procedures have been opted by men on a large scale in the past few years. Since men are more prone to baldness, they hold maximum share as the users of hair transplant procedures.

According to the International Society of Hair Restoration Surgery, the percentage of men undergoing hair transplant surgery increased from 84.7% in 2014 to 85.7% in 2016.

Factors such as rising work pressure, stress, improper eating habits, heredity, and exposure to chemicals among others, cause hair fall and receding hair line. Growing media and celebrity influence, societal pressure, and growing urbanization are some of the factors encouraging individuals to opt for hair transplant procure in order to enhance their physical appearance.

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Market Players

The report also includes the profiles of Hair Transplant devices manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

 Some of the key players are Siemens Healthcare GmBH, Koninklijke Philips N.V., GE Healthcare, Hitachi Ltd., Canon Medical Systems, Esaote SpA, Samsung Medison Co., Ltd, Shimadzu Corporation, Fujifilm Corporation and Carestream Health.

 Market Segmentation

Procedure Insights - The global hair transplant market by procedure was led by surgical segment. In 2017, the surgical segment held a largest market share of 91.0% of the hair transplant market, by procedure.

The segment is also expected to dominate the market in 2025, as it offers better results as compared to the non surgical procedure. Also, the procedure can be done on lashes and brows.

Site of Transplant Insights - The hair transplant market by site of transplant was segmented scalp transplant, facial transplant, chest transplant, and others. The scalp segment held the largest share of the market, by site of transplant.

Additionally, the segment is likely to dominate in the forecast period, due to increasing prevalence of baldness.

Therapy Insights - The hair transplant market by therapy was segmented into platelet rich plasma, ravage 670 and laser caps. The platelet rich plasma segment held the largest share of the market, by therapy.

The segment is also anticipated to grow at a steady rate during the forecast period, as it is used for the treatment of androgenic alopecia or male pattern baldness, the most common form of baldness observed in males and females.

Strategic Insights - Product launches and approvals were observed as the most adopted strategy in global hair transplant industry. Few of the recent product launches and approvals made by the players are listed below;

2018: In March, 2018, HairMax received ANVISA approval for laser devices. Also, Restoration Robotics Received US FDA 510(k) clearance for implantation function.

2016: In February, 2016, Hair restoration leader, capillus launches newest FDA-cleared solution for hair loss: capillus202 mobile laser therapy cap.

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Regional Framework

By Geography

  • North America

U.S.

Canada

Mexico

 Europe

France

Germany

UK

 Asia Pacific (APAC)

China

India

Japan

 Middle East & Africa (MEA)

Saudi Arabia

South Africa

UAE

 South America (SAM) - Brazil

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The Insight PartnersThe Insight Partners
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