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Get detailed analysis of the COVID-19 impact on the Hair Restoration Market

Global Hair Restoration Market Opportunities and Forecast 2020-2027

  • DLR2657
  • 15 July, 2021
  • Pharma & Healthcare
  • Pages: 120
  • Global
Global Hair Restoration Market, By Service Type (Follicular Unit Extraction, Follicular Unit Transplantation, Laser Treatment, Follicular Unit Strip Surgery, Others), By Gender (Male, Female), By End-User (Hospital, Clinics, Others), and opportunities and forecast 2020-2027

Hair Restoration Market Overview

Hair restoration is a technique where each follicle of the donor's hair is removed and harvested surgically from the back of the head. Hair restoration includes surgical and nonsurgical techniques. Surgical hair restoration includes hair transplantation and other techniques. The global hair restoration market is projected to increase at a significant pace during the forecast period. Important factors such as the growing incidence of hair transplantation among the young generation, availability of new technologies for transplantation, fewer side-effects happening after hair transplantation, and emerging players with hair restoration services are projected to boost the growth of the Hair Restoration market during the forecast period.

Additionally, rising concern over hair loss and increasing hair restoration services are expected to fuel the growth of the global hair restoration market in the next few years. According to the Antimicrobial Resistance (AMR) Fact Sheet published by WHO, in 2018, nearly 50 million men and 30 million women in the U.S. suffer from hair loss. Similarly, in India, the majority of the male population, particularly in their 20s, has been tackling with baldness issue.

Moreover, many key hair restoration service providers have been planning to developing and improving their services. This fact increase demand for the upgraded version of numerous hair restoration solutions, specifically, follicular unit extraction and follicular unit transplantation. Ultimately it propels the growth of the Hair Restoration market in the forthcoming years.

Covid-19 Impact on Hair Restoration Market:

In addition, the current Hair Restoration 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 Hair Restoration 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.

Hair Restoration Market Segment Overview

Based on the service type, the Follicular Unit Extraction (FUE) segment accounted for the largest share of the market. FUE transplant has increased in demand because it is less invasive than Follicular Unit Transplantation (FUT), virtually undetectable scarring, faster recovery, and patient comfort. In addition to this, according to the Eugenix Hair Transplant Sciences, 2019, the direct hair transplantation (DHT) technique is the most advanced technique of hair transplantation. This technique involves the ingenious process of simultaneously extracting and implanting the hair. As well, this technique is the most modern modification of the popular FUE (follicular unit extraction) technique.

Hair Restoration Market, By Service Type

·       Follicular Unit Extraction
·       Follicular Unit Transplantation
·       Laser Treatment
·       Follicular Unit Strip Surgery
·       Others

Hair Restoration Market, By Gender

·       Male
·       Female

Hair Restoration Market, By End-User

·       Hospital
·       Clinics
·       Others

Hair Restoration Regional Overview

Region-wise, North America is projected to account for the largest share of the market during the forecast period. Growing awareness about hair restoration services, higher adoption of hair transplants due to increased physicians’ prescriptions, and technological advancements in the U.S are anticipated to escalate the growth of the market in this region. Additionally, expansion in the number of clinics for hair restoration services, and the rising number of clinics by private players are further propelling the growth of the Hair Restoration market in this region. Likewise, Asia Pacific is expected to rise at a significant pace during the forecast period. This growth can be attributed to technological advancement and increasing the number of individuals choosing procedures involved in the hair restoration market. In addition, high awareness regarding aesthetic procedures and the growing selection of people for cosmetic procedures are also facilitating the market’s growth in this region.

Hair Restoration 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)

Hair Restoration Market Competitor overview

Some key developments and strategies adopted by manufacturers in Hair Restoration are highlighted below.

·       In July 2021, Stemson Therapeutics announced the closing of a DCVC Bio-led $15 million Series A financing to advance the development of Stemson’s proprietary therapeutic solution to cure hair loss. Genoa Ventures, AbbVie Ventures, and other investors join in supporting Stemson’s efforts to restore human hair growth with a novel cell regeneration technology using the patient’s own cells to generate new hair follicles.

·       In July 2021, BioPhotas, Inc., the market leader in therapeutic LED Light Therapy devices announced a major product line extension to the Company's award-winning Celluma SERIES of Light Therapy Devices. The all-in-one Celluma RESTORE is the first LED device FDA-cleared for over-the-counter (OTC) use to treat three common concerns of the mature individual in a single device: hair loss, aging skin, and general pain conditions. This is the 14th model in the Celluma SERIES.

Hair Restoration Market, Key Players

·       Elite Hair Restoration
·       NeoGraft
·       Lexington Intl., LLC
·       Cole Hair Transplant Group
·       Direct Hair Implantation International
·       Venus concept
·       Bernstein Medical
·       Bosley
·       The Harley Street Clinic
·       Advanced hair studio
·       Milla Marie

Hair Restoration Market Study Global Market Analysis, Insights and Forecast, 2020-2027

    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 Hair Restoration Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 5.1. Key Findings / Summary
      • 5.2. Market Analysis, Insights and Forecast – By Service Type
        • 5.2.1. Follicular Unit Extraction
        • 5.2.2. Follicular Unit Transplantation
        • 5.2.3. Laser Treatment
        • 5.2.4. Follicular Unit Strip Surgery
        • 5.2.5. Others
      • 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. Hospital
        • 5.4.2. 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 Hair Restoration Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 6.1. Key Findings / Summary
      • 6.2. Market Analysis, Insights and Forecast – By Service Type
        • 6.2.1. Follicular Unit Extraction
        • 6.2.2. Follicular Unit Transplantation
        • 6.2.3. Laser Treatment
        • 6.2.4. Follicular Unit Strip Surgery
        • 6.2.5. Others
      • 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. Hospital
        • 6.4.2. 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 Hair Restoration Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 7.1. Key Findings / Summary
      • 7.2. Market Analysis, Insights and Forecast – By Service Type
        • 7.2.1. Follicular Unit Extraction
        • 7.2.2. Follicular Unit Transplantation
        • 7.2.3. Laser Treatment
        • 7.2.4. Follicular Unit Strip Surgery
        • 7.2.5. Others
      • 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. Hospital
        • 7.4.2. 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 Hair Restoration Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 8.1. Key Findings / Summary
      • 8.2. Market Analysis, Insights and Forecast – By Service Type
        • 8.2.1. Follicular Unit Extraction
        • 8.2.2. Follicular Unit Transplantation
        • 8.2.3. Laser Treatment
        • 8.2.4. Follicular Unit Strip Surgery
        • 8.2.5. Others
      • 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. Hospital
        • 8.4.2. 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 Hair Restoration Market Analysis (USD Billion), Insights and Forecast, 2020-2027

      • 9.1. Key Findings / Summary
      • 9.2. Market Analysis, Insights and Forecast – By Service Type
        • 9.2.1. Follicular Unit Extraction
        • 9.2.2. Follicular Unit Transplantation
        • 9.2.3. Laser Treatment
        • 9.2.4. Follicular Unit Strip Surgery
        • 9.2.5. Others
      • 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. Hospital
        • 9.4.2. 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. Elite Hair Restoration
        • 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
      *Similar details will be provided for the following companies
      • 10.5. NeoGraft
      • 10.6. Lexington Intl., LLC
      • 10.7. Cole Hair Transplant Group
      • 10.8. Direct Hair Implantation International
      • 10.9. Venus concept
      • 10.10. Bernstein Medical
      • 10.11. Bosley
      • 10.12. The Harley Street Clinic
      • 10.13. Advanced hair studio

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