Global Alopecia Market was valued at USD 2.8 Billion in 2019, and is projected to grow at CAGR of 9.2% over forecast period 2020–2026. Rising prevalence of chronic diseases like hyperthyroidism, hypothyroidism, acute stress disorder and lupus, sedentary lifestyle, unhealthy diets, escalating stress indices and expanding population are key factors driving the market.
Get Sample Report: https://dataintelo.com/request-sample/?reportId=7075
The alopecia treatment market is segmented on the basis of product, gender, end user, and geography. By product, the market is segmented into shampoos and conditioners, vitamins and supplements, and other (gels, oils, and serums). On the basis of end user, the market is segmented into homecare settings, dermatology clinics, and others.
The report covers an exhaustive analysis on the alopecia treatment market segments, including the leading, declining, and fastest growing segments. It comprises the analysis of market dynamics, the market size and forecast, and the trends, threats, and opportunities. The study also comprises the vendor landscape, degree of competition, threat of new entrants, and the bargaining power of buyers and suppliers.
Market Trends, Drivers, Restraints, and Opportunities:
- Change in lifestyles such as high alcohol consumption, tobacco consumption, and increasing stress levels in people are fuelling the growth of the alopecia market.
- Family history of autoimmune conditions such as type 1 diabetes and rheumatoid arthritis can cause alopecia. Rising prevalence of these conditions is propelling the market growth.
- Lack of guarantee that the hair won’t fall out again once the treatment is completed is a major factor challenging the market growth.
- Increasing disposable income and rising emphasis on esthetics among the youth are projected to create opportunities for the growth of the alopecia market.