Chicago, IL, Nov. 14, 2022 (GLOBE NEWSWIRE) -- According to Zion Market Research has published a new research report titled “Global Hair Restoration Services Market By Service Type (Follicular Unit Extraction, Follicular Unit Transplantation, Laser Treatment, Follicular Unit Strip Surgery, Others), By Gender (Male, Female), By Service Provider (Hospitals, Clinics, Surgery Centers), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028” in its research database. The report analyzes the hair restoration services market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the hair restoration services market.
“According to the latest research study, the demand of global Hair Restoration Services Market size & share in terms of revenue was valued at USD 4,319.5 million in 2021 and it is expected to surpass around USD 10,043.5 million mark by 2028, growing at a compound annual growth rate (CAGR) of approximately 15.1% during the forecast period 2022 to 2028.”
What is Hair Restoration Services? How big is the Hair Restoration Services Industry?
Hair Restoration Services Industry Coverage & Overview:
Aging and hormone imbalances have both been suggested as potential causes of alopecia. Thyroid problems or a drop in estrogen levels in menopausal women can also lead to hair loss. Important hormones affecting hair development include androgen hormones like Dehydroepiandrosterone (DHEA) and testosterone. Aside from that, gender has an impact on disease susceptibility. Over 95% of male pattern hair loss, according to the American Hair Loss Association, is caused by androgenetic alopecia. In the upcoming years, the global hair restoration services market is anticipated to benefit from increased consumer knowledge of available treatments for alopecia. Due to their increased hereditary sensitivity to the testosterone by-product dihydrotestosterone, more men seek hair transplants (DHT). Hair restoration is a surgical procedure used to treat hair loss (alopecia) or baldness. It is a cosmetic procedure for women and men facing significant hair loss, bald spots, or thinning hair. Baldness and hair loss are prevalent in men due to genetic factors and age. In the U.S., 30 million women and 50 million men face hair loss.
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Our Free Sample Report Consists of the Following:
- Introduction, Overview, and in-depth industry analysis are all included in the 2022 updated report.
- The COVID-19 Pandemic Outbreak Impact Analysis is included in the package
- About 255+ Pages Research Report (Including Recent Research)
- Provide detailed chapter-by-chapter guidance on Request
- Updated Regional Analysis with Graphical Representation of Size, Share, and Trends for the Year 2022
- Includes Tables and figures have been updated
- The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis
- Zion Market Research research methodology
(Please note that the sample of this report has been modified to include the COVID-19 impact study prior to delivery.)
Global Hair Restoration Services Market: Growth Dynamics
An increase in the number of people suffering from hair loss or alopecia is one of the major reasons driving the demand for the global hair restoration service market. The rise in persistent self-consciousness, celebrity influence on personality, and societal influence to grow nicer & thicker hair are some of the major factors that have led to the adoption rate of hair restoration services. The hair restoration services industry has been experiencing innovations and trends, resulting in more efficient and lucrative hair restoration services.
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Hair Restoration Services Market: Segmentation Analysis
The global hair restoration services market is segregated based on service type, gender, service provider, and region. Based on service type, the market is divided into follicular unit extraction, follicular unit transplantation, laser treatment, follicular unit strip surgery, and others. Among these, the follicular unit extraction segment dominates the market, accounting for more than 34 percent of the total market in 2021. Based on gender, the market is classified into male and female. Over the forecast period, the male segment will be the largest market. Based on the service provider, the market is classified into hospitals, clinics, and surgery centers. The clinic's segment dominates the market, accounting for a major share of global revenue in 2021.
The global Hair Restoration Services market is segmented as follows:
By Service Type
- Follicular Unit Extraction
- Follicular Unit Transplantation
- Laser Treatment
- Follicular Unit Strip Surgery
- Others
By Gender
- Male
- Female
By Service Provider
- Hospitals
- Clinics
- Surgery Centers
Browse the full “Hair Restoration Services Market By Service Type (Follicular Unit Extraction, Follicular Unit Transplantation, Laser Treatment, Follicular Unit Strip Surgery, Others), By Gender (Male, Female), By Service Provider (Hospitals, Clinics, Surgery Centers), And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2022 – 2028” Report at https://www.zionmarketresearch.com/report/hair-restoration-services-market
Competitive Landscape
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
- Cole Hair Transplant Group.
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Key Insights from Primary Research:
- According to the analysis shared by our research forecaster, the Hair Restoration Services market is likely to expand at a CAGR of around 15.1% during the forecast period (2022-2028).
- In terms of revenue, the Hair Restoration Services market size was valued at around US$ 4,319.5 million in 2021 and is projected to reach US$ 10,043.5 million by 2028.
- An increase in several people suffering from Alopecia will drive the growth of the global hair restoration service market.
- By service type, the follicular unit extraction segment accounted for a major market share in 2021
- By gender, the men segment dominated the hair restoration services market in 2021.
The North American market accounted for a major revenue share in 2021
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Key questions answered in this report:
- What is the market size and growth rate forecast for Hair Restoration Services industry?
- What are the main driving factors propelling the Hair Restoration Services Market forward?
- What are the leading companies in the Hair Restoration Services Industry?
- What segments does the Hair Restoration Services Market cover?
- How can I receive a free copy of the Hair Restoration Services Market sample report and company profiles?
Key Offerings:
- Market Size & Forecast by Revenue | 2022−2028
- Market Dynamics – Leading Trends, Growth Drivers, Restraints, and Investment Opportunities
- Market Segmentation – A detailed analysis By Service Type, By Gender, By Service Provider, and By Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Regional Analysis:
The global hair restoration services market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. North America is considered a dominant region in the hair restoration services market in 2021, with 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.
By Region
- North America
- U.S.
- Canada
- Rest of North America
- Europe
- France
- UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Recent Developments
March 2022: 'CMX,' also known as 'Anacell,' was developed by the D.Nature company. The active ingredient of CMX is Brevilin A, a naturally occurring compound that has been shown to impact hair restoration positively.
July 2021: Stemson Therapeutics announced closing a DCVC Bio-led USD 15 million Series A financing for advancing Stemson's proprietary therapeutic solution to cure hair loss. AbbVie Ventures, Genoa Ventures, and other investors support Stemson's efforts to restore human hair growth with a novel cell regeneration technology using the patient's cells to generate new hair follicles.
Report Scope
| Report Attribute | Details |
| Market Size in 2021 | USD 4,319.5 million |
| Projected Market Size in 2028 | USD 10,043.5 million |
| CAGR Growth Rate | 15.1% CAGR |
| Base Year | 2021 |
| Forecast Years | 2022-2028 |
| Key Market Players | 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. |
| Key Segment | By Service Type, By Gender, By Service Provider, and By Region |
| Major Regions Covered | North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
| Purchase Options | Request customized purchase options to meet your research needs. Explore purchase options |
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