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. The market is set to progress at a CAGR of 9.97%% from 2021 to 2026. Moreover, the Y-O-Y growth rate of 2022 is estimated at 7.86%. The report also provides the market impact and new opportunities created due to the COVID-19 pandemic. We expect the impact to be significant in the first quarter but gradually lessen in subsequent quarters – with a limited impact on the full-year economic growth according to the latest market research report by Technavio.
|Hair Transplant Market Scope
|Growth momentum & CAGR
|Accelerate at a CAGR of 9.97%
|Market growth 2022-2026
|$ 9.89 billion
|YoY growth (%)
|North America, Asia, Europe, and ROW
|Performing market contribution
|North America at 37%
|Key consumer countries
|US, China, Germany, Canada, and India
|Leading companies, competitive strategies, consumer engagement scope
|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
|Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.
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The hair transplant market is segmented by Method (FUE and FUT). 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.
The hair transplant market is segmented by Geography (North America, Asia, Europe, and ROW). 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.
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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. The hair transplant market is fragmented and the vendors are deploying growth strategies such as forming strategic partnerships to compete in the market. Moreover, to make the most of the opportunities and recover from post COVID-19 impact, market vendors are focusing more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Table of Contents
- Market ecosystem
- Value chain analysis
- Market definition
- Market segment analysis
- Market size 2021
- Market outlook: Forecast for 2021 – 2026
Five Forces Analysis
- Five forces analysis 2021 & 2026
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Method
- Market segments
- Comparison by Method
- Fue – Market size and forecast 2021-2026
- Fut – Market size and forecast 2021-2026
- Market opportunity by Method
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2021-2026
- Asia – Market size and forecast 2021-2026
- Europe – Market size and forecast 2021-2026
- ROW – Market size and forecast 2021-2026
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
- Vendor Landscape
- Landscape disruption
- Vendors covered
- Market positioning of vendors
- 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
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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