Global Hair Transplant Market Set for Rapid Growth, to reach Value USD 33.25 Billion By 2032

Zion Market Research has published a new report titled “Hair Transplant Market By Product (Drugs, Serum, Gel, and Others), By Method (Follicular Unit Transplantation (FUT), Follicular Unit Extraction (FUE), and Others), By Therapy (Laser Therapy, Stem Cell Therapy, Platelet Rich Plasma, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032” According to the report, the global hair transplant market size was valued at approximately USD 6.04 billion in 2023 and is predicted to reach around USD 33.25 billion by the end of 2032, expanding at a CAGR of around 20.86% from 2024 to 2032.

Browse the full “Hair Transplant Market By Product (Drugs, Serum, Gel, and Others), By Method (Follicular Unit Transplantation (FUT), Follicular Unit Extraction (FUE), and Others), By Therapy (Laser Therapy, Stem Cell Therapy, Platelet Rich Plasma, and Others), and By Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032” Report at https://www.zionmarketresearch.com/report/hair-transplant-market

Hair transplant is a type of surgery that relocates hair follicles from the donor spot to the balding part. The hair transplant process is mostly used to deal with male pattern baldness. Hair follicles are transferred from side or rear of the head. Hair transplant is executed under confined anesthesia. Follicular Unit Transplantation (FUT) and Follicular Unit Extraction (FUE) are the two major methods of hair transplant.

Factors such as growing number of people affected by balding, growing intensity of factors causing balding, rising importance of physical presence, numerous benefits of hair transplant like normal appearance, growing spending on physical look in developing regions, and rising popularity of follicular unit extraction will act as major driving factors in the growth of global hair transplant market. Technological improvements in the field of hair transplant and growing awareness will present an opportunity for the market players in the hair transplant market. Nonetheless, high cost of hair transplant procedures, lack of skilled surgeons, and some side effects related to hair transplant will restrict the growth of global hair transplant market.

The global hair transplant market has been split into product, method, and therapy. Based on product, hair transplant market has been segmented into drugs, serum, gel, and others. The drugs segment accounted for the highest market share in 2023 owing to increasing use of Minoxidil and Finasteride.

Method segment has been divided into follicular unit transplantation (FUT), follicular unit extraction (FUE), and others. The follicular unit extraction (FUE) segment is expected to exhibit highest CAGR during the forecast period.

Therapy segment has been divided into laser therapy, stem cell therapy, platelet rich plasma, and others. The platelet rich plasma segment accounted for the highest market share in 2023 due to several advantages of PRP in hair transplantation.
Regionally, the thoracic drainage devices market is segmented into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa North America will be foremost region through the forecast time. U.S. will be the leading country in the North America region owing to presence of latest hair transplant techniques and growing importance of physical appearance. Europe is likely to be the succeeding key market. The crucial reasons are presence of skilled medical professionals and high awareness regarding hair transplant. Asia Pacific will develop at the highest growth rate owing to technological improvements in the field of hair transplant, and increasing cases of male pattern balding. Latin America region will propagate at a noteworthy rate through the assessment time. Middle East & Africa will show positive advancement in the projected time-frame.

The report also includes detailed profiles of key players such as Allergan plc, Restoration Robotics, Inc., Venus Concept (NeoGraft), Hair Club, Bernstein Medical, Hairline International Hair and Skin Clinic, Bosley, Lumenis, Inc., Hair Restoration BlackRock HRBR, and L'Oreal SA. among others.

This report segments the Global Hair Transplant Market as follows:

Global Hair Transplant Market: By Product

• Drugs
• Serum
• Gel
• Others

Global Hair Transplant Market: By Method

• Follicular Unit Transplantation (FUT)
• Follicular Unit Extraction (FUE)
• Others

Global Hair Transplant Market: By Therapy

• Laser Therapy
• Stem Cell Therapy
• Platelet Rich Plasma
• Others

Global Hair Transplant Market: By Region

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa