Hair Restoration Market 2017-2025 | Country Level Analysis, Current Industry Size and Future Prospective with Key Vendors, Drivers And Trends
Global Hair Restoration treatments are significantly developed over the last few decades. Natural results are achieved with fair modern technologies using follicular unit transfer. While the concept of hair restoration remains the same, several methods have been established for collecting follicular units safely and consistently. Despite of slow economic growth throughout the world, Global hair restoration market has shown significant growth in past few years owing to factors like changing lifestyle, increasing celebrity and media influence, social pressure, growing urbanization, increasing awareness of one’s appearance, and higher income. Moreover, people in the age group of 25-35 are more conscious about their appearance hence they go under hair restoration therapies. Global hair restoration market is full of competition in terms of products, such as over-the-counter drugs, and prescription.
Over the last few years, hair restoration therapies has shown conventional major acceptance and consideration owing to factors such as superior accuracy, protection and improved results. The hair restoration therapies allow patients to be treated with insignificant awkwardness, accomplished on a casualty basis. Increasing prevalence of numerous forms of hair loss disorders with changing lifestyle amongst employed people such as increasing consumption of alcohol, unhealthy eating habits, and rising stress level is anticipated to contribute to enhanced hair loss. However, acceptance of hair restoration therapies will drive the Global hair restoration market over the forecast period owing to factors like changing social trends and attitudes, and increasing thirst for better results.
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On the basis of methods Global hair restoration market is segmented into following:
- Follicular unit extraction
- Follicular unit transplantation
On the basis of types of products Global hair restoration market is segmented into following:
- Lotion
- Gel
- Foam
- Oil
On the basis of therapies Global hair restoration market is segmented into following:
- Platelet rich plasma
- Prostaglandin therapy
- Stem cell therapy
On the basis of end users Global hair restoration market is segmented into following:
- Hospital pharmacy
- Retail pharmacy
- Online pharmacy
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On the basis of methods Global hair restoration market is segmented in to two types: Follicular unit extraction and follicular unit transplant where in follicular unit extraction from the back of the head taking the separate follicular grafts through a tiny specialized machine and removing them after cutting one by one by around it whereas in follicular unit transplantation a stripe of scalp is taken from the rear of the head and is divided into distinct grafts. Global hair restoration market is full of competition with products that assure restoration of hair less or loss of hair also fill the market with foams, shampoos, and lotions. Product used after hair restoration is having a numerous competition. Natural methods for hair restoration are also existing in the Global hair restoration market. These products are available in stores as well as online pharmacies that is making Global hair restoration market highly competitive for the participants those are willing to this market
Depending on geographic regions, Global hair restoration market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. In terms of geography North America dominates the Global hair restoration market followed by Asia Pacific. Europe and Latin America are projected to grow at a high speed over the coming forecast period. Countries in Asia pacific such as India, China, and Japan has shown the remarkable growth in Global hair restoration market owing to factors major population in the region is in the age group of 25-40 which is the leading and most affected age for hair loss and hair related disorders.
Examples of some of the market participants in the global hair restoration market identified across the value chain include Advanced Hair Restoration, RIKEN, Dual Life Co., Ltd., Reversal Advanced Hair Treatment, Milla Marie. Increasing competition and demand for quality products will drive the global hair restoration market throughout the world.