Global Market for Hair Transplant Overview
Hair transplant is a procedure of relocating the healthy hairs to the bald or thinning portions. Increasing preference for personal health care and physical appearance are the major factors responsible for the growth of this market. The global hair transplant market during the survey period is expected to show nearly 22 % annual growth. Hair transplant has gained a more robust position due to consistent advancements in this market and is most popular among people losing hairs at the early ages. Hair transplant is majorly employed by the men facing untimely hair loss or hair thinning.
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With the increasing demands, various clinical methods, which are cost-effective, single session surgeries and technologically advanced, are also helping the market in increasing the market share globally. Other factors influencing the hair growth markets are celebrity and media impacts, increasing successful surgeries and advancement in techniques. Unhealthy lifestyle and dietary supplements have accounted for hair loss at rapid rates globally, which is directly helping the market in increasing the consumer base and total market share.
Hair transplant has gone up the ladder quite fast, but the factors like high hair treatment costs, unauthorised transplant facilities and alternative methods have largely damaged the growth speeds for this market. The hair transplant medicines have shown considerable side effects on some patients with diseases like diabetes and allergic to various medicinal combinations.
Segments of the Hair Transplant global market
The global Covid19 Impact on Hair Transplant Market is segmented into three parts:
Types of surgical methods: Follicular unit strip surgery (FUSS), follicular unit extraction (FUE), follicular unit transplantation (FUT) and other types of surgical techniques are used.
Types of surgeries: Head hair, eyebrow and other transplant surgeries are used.
End-Users: Hospitals, clinics, surgical centres and others are the major end-users of this market.
Regional Summary
The global hair transplant market is observed based on four regions, namely, America, Asia Pacific, Europe and The Middle East and Africa.
The American region is the largest global market of the current era. Increasing hair loss due to unhealthy lifestyles, less nutritious diets, stress and other factors are held responsible for the extensive growth of the market in this region. The Asia Pacific is the next biggest market on the global map. Factors like increasing stress, unhealthy lifestyle habits, increasing social pressures and degrading physical health scales are majorly responsible for hair loss among the people, which is empowering the hair transplant industry in this region.
The Asia Pacific is expected to show the highest growth rates among all the regions during the forecast periods. The European region is in the third place due to similar reasons and is showing comparatively higher growth rates than earlier times.
Recent Industry News
The global hair transplant market is gaining the pace in the maximum region. Still, factors like unauthorised clinics, high cost of hair transplant and medical complications in some patients with diseases like diabetes and others are slowing the growth. The American region is the largest growing market presently, whereas the Asia Pacific region will show the fastest growth during the survey period.
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