Hair Transplant Market report encloses comprehensive analysis on the market and are assessed through volume and value data validated on three approaches including top companies revenues. It concludes with precise and authentic market estimations considering all the parameters and market dynamics. Every crucial and decisive detail for the development and restriction of the market is mentioned in fine points with solutions and suggestions that may affect the market in near future. Segmentation of the market are studied specifically to give profound knowledge for supplementary market investments.
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.
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Some of the Most Eminent Players Profiled in this Study Cole Instruments, CAPILLUS, , LaserCap Company, Apira Science, Harris FUE Instruments, HairMax, THERADOME, FueInstrument, Shaanxi Xingmao Industry, Restoration Robotics
The global hair transplant market accounted to US$ 5,272.1 Mn in 2017 and is expected to grow at a CAGR of 23.6% during the forecast period 2018 – 2025, to account to US$ 28,627.6 Mn by 2025.
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.
North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period. North American market is driven by the factors such as, government initiatives, investments made by the major companies, conferences held for the awareness regarding hair transplant.
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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.
HAIR TRANSPLANT – MARKET SEGMENTATION
By Procedure
By Site of Transplant
By Therapy
By Geography
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The most vital key factors in the businesses have been elaborated to get thorough and accurate data of market dynamics. Rising needs and popularity of Hair Transplant Market sector is driving the flow of the market towards progress. In addition to this, it lists the factors which are restraining the growth of the market.
Reason to Buy
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Hair Transplant Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the Hair Transplant Market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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