Global Hair Transplant Market Size was valued nearly USD 2.8 billion by 2017 and is estimated to reach up to USD XX.XX billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 22.1% during the forecast period, i.e. 2017-2025.

Global Hair Transplant Market Growth Opportunities (Revenue, Growth) By 2017-2025

Hair Transplant is the technique is primarily used to treat male pattern baldness. In this minimally invasive procedure, grafts containing hair follicles that are genetically resistant to are transplanted to the bald scalp. Hair transplantation can also be used to restore eyelashes, eyebrows, beard hair, chest hair, and pubic hair and to fill in scars caused by accidents or surgery such as face-lifts and previous hair transplants. Hair transplantation differs from skin grafting in that grafts contain almost all of the epidermis and dermis surrounding the hair follicle, and many tiny grafts are transplanted rather than a single strip of skin.

Market Dynamics

Hair Transplant market is estimated to grow at a healthy CAGR of 22.1% from 2017-2025. The market is expected to grow at a faster pace during the forecast period.  The Hair Transplant market is primarily driven by increasing prevalence of various forms of dermatologic disorders, and increasing popularity of hair transplants.

In addition, genetics, high-stress levels, medical conditions, and aging are factors contributing to hair loss and increase in a number of people suffering from hair loss fosters the growth of the global hair transplant market. Losing hair is traumatic, and the social stigma attached to baldness and hair loss to augment the market growth during the forecast period.

Segment Analysis 

Based on the technique type, the Hair Transplant market is segmented as follicular unit extraction and follicular unit strip surgery. Follicular Unit Transplantation segment accounts for the largest market share of approximately 51.3% of the global hair transplant market. Similarly, based on the site of transplant the market is segmented as facial, scalp, and chest. Scalp and facial are the leading segments of the market which contributed for a healthy share. Similarly, on the basis of therapy, the hair transplant market is segmented as prp, laser cap, and revage 670 laser.

Regional Analysis

North America is anticipated to hold significant share in the global hair transplant market, owing to factors such as government initiatives, investments made by the major companies, coupled with high acceptance advancements in hair transplants technology among the customers especially in the US and Canada. The availability of hair transplant procedure at a cheap rate, and turkey is one of the most popular destinations in MEA region offering hair transplant at affordable rates along with presence of skillful doctors is another factor driving the growth of the market in Turkey.

Global Hair Transplant Market Size, Share Analysis By Region 2017

Research Methods

Hair Transplant Market: Secondary Research

To recognize and collect authentic and market-oriented information crucial for the research study, several secondary sources have been approached and referred. Press releases, white papers, companies annual reports, investor presentations, and articles present on trustworthy websites, databases, and certified publications are some of the significant secondary research sources that have been used to prepare the report. The data collected as secondary data have been obtained from various reliable journals and associations such as Smart Ticketing Alliance, Association of Professional Social Compliance Auditors, General Service Administration, Department of Transportation, and Association for Intelligent Transport Systems to reach to the market numbers or size. The data obtained through secondary sources has been validated through primary research.

Hair Transplant Market: Primary Research

For conducting primary research, several primary sources of the demand as well as supply sides have been approached and interviewed for obtaining quantitative and qualitative information crucial for the report. Vice Presidents, CEOs, technology directors, Product Managers, Marketing Directors and other executives of giant market players and organizations operating in Hair Transplant market are included as primary sources of the supply side.

After performing comprehensive engineering of Hair Transplant market (which includes market size estimations, calculations regarding market statistics, market forecasting, data triangulation, and market breakdown), detailed and vast primary research has been carried out to collect information along with verifying and validating the significant and critical market numbers arrived at.

Key Players

Major players operating in global Hair Transplant market include Cole Instruments Inc., CAPILLUS, LaserCap Company, Apira Science, Harris FUE Instruments, HairMax Inc., THERADOME, FueInstrument, Shaanxi Xingmao Industry Co., Ltd, and Restoration Robotics, Inc.

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