Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 4,319.5 Million | USD 10,043.5 Million | 15.1% | 2021 |
FrequentlyAsked Questions
An increase in the number of people suffering from hair loss or Alopecia is one of the major reasons driving the demand for the hair restoration service market. The rise in persistent self-consciousness, celebrity influence on personality, and societal influence to grow nicer and thicker hair are some of the major factors that have led to the adoption rate of hair restoration services.
According to the report, the global hair restoration services market was worth about 4,319.5 million in 2021 and is predicted to grow to around 10,043.5 million by 2028, with a compound annual growth rate (CAGR) of around 15.1 percent.
In 2021, North America dominated the hair restoration services market, with the presence of a large target population. People aged between 30 and 60 years witness such hair loss problems. Their population is comparatively high in North America, which will further promote the hair restoration services market in the region. The rise in awareness about hair restoration services, the high rate of adoption of hair transplant treatment owing to technological advancements and increased physician prescriptions in the U.S are expected to drive the North American hair restoration services market in the region.
Some of the main competitors dominating the global hair restoration services market include - Direct Hair Implantation International, iGrow Laser, Bosley Inc, Elite Hair Restoration, National Hair Centers, NeoGraft, Lexington Intl., LLC, Bernstein Medical, and Cole Hair Transplant Group.
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