The word alopecia means hair loss. A person with alopecia Universalis loses all their hair, including eyebrows and eyelashes, facial hair, body hair, and hair on the head. The global Alopecia Treatment market is expected to grow at a considerable rate in the forecast period due to a surge in the prevalence of alopecia. According to the American Hair Loss Association, 95% of hair loss in men is caused by androgenetic alopecia.
Moreover, the rising old age population and increasing hypertension and depression among the middle-aged population are some factors that majorly contributing to the growth of the alopecia treatment market. Additionally, the rising demand for surgical hair transplants is anticipated to boost the growth of the global alopecia treatment market in the forthcoming years. As well, other factors such as increasing disposable income of the people, technological advancements in hair treatment medical devices, and growing importance on looking good significantly contribute to the expansion of the global Alopecia Treatment market. Also, the easy accessibility to scalp treatment is further fuelling the market’s growth steadily.
On the downside, the high cost of medications, the probable side effects, reactions, and allergies caused by alopecia treatments are hampering the growth of the global Alopecia Treatment market. Besides this, technological progressions and the development of novel therapeutic drugs are anticipated to provides new opportunities for market development in the forecast period.
Covid-19 Impact on Alopecia Treatment Market
In addition, the current Alopecia Treatment Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Alopecia Treatment Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying, and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Alopecia Treatment Market Segment Overview
In Alopecia treatment various products are used such as Shampoos and Conditioners, Vitamins and Supplements, and other products like Gels, Oils, and Serums. In addition, Finasteride and minoxidil are the most common drugs used to treat any form of alopecia. Finasteride and minoxidil are the only U.S.-approved drugs for the treatment of both Female Pattern Hair Loss and as well as Male Pattern Hair Loss.
Moreover, the Dermatology Clinics segment dominated the market and accounted for the maximum revenue share over the forecast period. Modern treatment methods such as laser technology, a strong product pipeline, and growing consumer awareness regarding the use of prescription medicines are the key factors responsible for the growth of this segment. Additionally, the Homecare Setting segment will be the fastest-growing segment in the forecast period due to convenience, ease of usage, and patient comfort.
Alopecia Treatment Market, By Product
· Shampoos and Conditioners
· Vitamins and Supplements
· Other (Gels, Oils, And Serums)
Alopecia Treatment Market, By Gender
· Male
· Female
Alopecia Treatment Market, By End-User
· Homecare Settings
· Dermatology Clinics
· Others
Alopecia Treatment Regional Overview
North America is presently the largest region for the alopecia treatment market. Currently, North America is the most significant revenue generator due to the rising hair loss among people and the high treatment rates. In addition, the high disposable income of the people and the availability of innovative therapeutic solutions are crucial factors propelling the growth of the market in North America. Similarly, the market in Asia-Pacific is expected to witness significant growth during the forecast period. Factors such as increasing penetration of alopecia products, rising disposable income, and rising consumer awareness are propelling the growth of the market in this region. Moreover, improving the healthcare regulatory scenario in developing countries is anticipated to attract international players to invest and capitalize on the available market opportunities.
Alopecia Treatment Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Alopecia Treatment Market, Key Players
· Vitabiotics
· Sun Pharma
· Merck & Co.
· Alpecin
· Dr. Reddy’s Laboratories
· Cipla
· Johnson & Johnson
· Kirkland Signature
· Phyto Ales Group
· Lifes2good
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Alopecia Treatment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Shampoos and Conditioners
- 5.2.2. Vitamins and Supplements
- 5.2.3. Other (Gels, Oils, And Serums)
- 5.3. Market Analysis, Insights and Forecast – By Gender
- 5.3.1. Male
- 5.3.2. Female
- 5.4. Market Analysis, Insights and Forecast – By End-User
- 5.4.1. Homecare Settings
- 5.4.2. Dermatology Clinics
- 5.4.3. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Alopecia Treatment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Shampoos and Conditioners
- 6.2.2. Vitamins and Supplements
- 6.2.3. Other (Gels, Oils, And Serums)
- 6.3. Market Analysis, Insights and Forecast – By Gender
- 6.3.1. Male
- 6.3.2. Female
- 6.4. Market Analysis, Insights and Forecast – By End-User
- 6.4.1. Homecare Settings
- 6.4.2. Dermatology Clinics
- 6.4.3. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Alopecia Treatment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Shampoos and Conditioners
- 7.2.2. Vitamins and Supplements
- 7.2.3. Other (Gels, Oils, And Serums)
- 7.3. Market Analysis, Insights and Forecast – By Gender
- 7.3.1. Male
- 7.3.2. Female
- 7.4. Market Analysis, Insights and Forecast – By End-User
- 7.4.1. Homecare Settings
- 7.4.2. Dermatology Clinics
- 7.4.3. Others
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Alopecia Treatment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Shampoos and Conditioners
- 8.2.2. Vitamins and Supplements
- 8.2.3. Other (Gels, Oils, And Serums)
- 8.3. Market Analysis, Insights and Forecast – By Gender
- 8.3.1. Male
- 8.3.2. Female
- 8.4. Market Analysis, Insights and Forecast – By End-User
- 8.4.1. Homecare Settings
- 8.4.2. Dermatology Clinics
- 8.4.3. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Alopecia Treatment Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Shampoos and Conditioners
- 9.2.2. Vitamins and Supplements
- 9.2.3. Other (Gels, Oils, And Serums)
- 9.3. Market Analysis, Insights and Forecast – By Gender
- 9.3.1. Male
- 9.3.2. Female
- 9.4. Market Analysis, Insights and Forecast – By End-User
- 9.4.1. Homecare Settings
- 9.4.2. Dermatology Clinics
- 9.4.3. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Vitabiotics
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. Sun Pharma
- 10.6. Merck & Co.
- 10.7. Alpecin
- 10.8. Dr. Reddy’s Laboratories
- 10.9. Cipla
- 10.10. Johnson & Johnson
- 10.11. Kirkland Signature
- 10.12. Phyto Ales Group
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
