Hair Transplant Market by Method and Geography - Forecast and Analysis 2022-2026

The hair transplant market share is expected to increase by USD 9.89 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 9.97%.

This hair transplant market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers hair transplant market segmentation by method (FUE and FUT) and geography (North America, Asia, Europe, and ROW). The hair transplant market report also offers information on several market vendors, including Acibadem Healthcare Services, Aderans Co. Ltd., Cole Instruments Inc., Curallux LLC, Distefano Hair Restoration, GETFUE Hair Transplantation Clinic, Hair Transplants of Florida, Hairline Diagnostics and Health Care Pvt. Ltd., Photomedex Inc., and Schweiger Dermatology Group among others.

What will the Hair Transplant Market Size be During the Forecast Period?

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Hair Transplant Market: Key Drivers and Trends

The rising cases of male pattern baldness is notably driving the hair transplant market growth, although factors such as high cost associated with the hair transplant surgery may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the hair transplant industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Hair Transplant Market Driver

One of the key factors driving growth in the hair transplant market is the rising cases of male pattern baldness. One of the significant factors for extreme baldness is the changing lifestyles, including the food habits of people all over the world. The increase in the inactive way of life, such as smoking, poor eating habits, and stress, might also cause baldness and hair fall issues. Similarly, simple lifestyle changes such as lack of relaxation, the consumption of insufficient protein-rich meals, parchedness, and a deficiency of essential nutrients and minerals are also considered to be the factor for baldness. Therefore, the rising cases of baldness among men have increased the adoption of hair transplants, which, in turn, will drive the growth of the market during the forecast period.

Key Hair Transplant Market Challenge

The high cost associated with hair transplant surgery will be a major challenge for the hair transplant market during the forecast period. The cost of a hair transplant is highly variable and typically ranges between $4,000 to $15,000. Most insurance companies consider a hair transplant a cosmetic procedure. The cost of hair transplants is dependent on many various factors, such as the type of procedure and skill of the surgeon. In addition to treatment costs, other potential recovery costs are considered under treatment procedures, such as anti-inflammatory medications to reduce swelling at the surgical site, pain medication during immediate recovery, and antibiotics to reduce the risk of infection. Therefore, the high cost associated with hair transplant surgery is expected to impact the market negatively.

This hair transplant market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Hair Transplant Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Acibadem Healthcare Services
• Aderans Co. Ltd.
• Cole Instruments Inc.
• Curallux LLC
• Distefano Hair Restoration
• GETFUE Hair Transplantation Clinic
• Hair Transplants of Florida
• Hairline Diagnostics and Health Care Pvt. Ltd.
• Photomedex Inc.
• Schweiger Dermatology Group

This statistical study of the hair transplant market encompasses successful business strategies deployed by the key vendors. The hair transplant market is fragmented and the vendors are deploying growth strategies such as forming strategic partnerships to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The hair transplant market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Hair Transplant Market?

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37% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for hair transplants in North America. Market growth in this region will be slower than the growth of the market in the Asian and ROW regions.

The presence of key vendors such as Bernstein Medical, Cole Instruments Inc., PhotoMedex Inc., and GETFUE Hair Clinics Ltd. will facilitate the hair transplant market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Method Segments in the Hair Transplant Market?

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The hair transplant market share growth by the FUE segment will be significant during the forecast period. The increasing number of alopecia cases, in addition to the rising maturing populace base internationally, will enhance the demand for FUE hair transplants. FUE has become more popular than follicular unit transplantation (FUT) because it is less likely to lead to a "hair plug" look, where sections of skin or hair do not match the surrounding areas. It also will not leave a large scar as FUT does. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the hair transplant market size and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Hair Transplant Market Report?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive hair transplant market growth during the next five years
• Precise estimation of the hair transplant market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the hair transplant industry across North America, Asia, Europe, and ROW
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of hair transplant market vendors

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