(MENAFN - GetNews) This MRFR Report offers a Thorough Analysis of the Global Hair Transplant Market. The Report offers insights into the Leading Market Players and Presents an Assessment of their Current Market Position. Company information with regards to Revenue, Segmentation, Geographical Analysis, Growth Strategies, and the latest R&D initiatives is also available in the report.
Hair Transplant Market Synopsis
Global Hair Transplant Market is expected to experience an astounding growth with a CAGR of 24% over the forecast period of 2014-2023, asserts Market Research Future (MRFR) in a detailed research report.
Hair transplant can now be offered as a reasonable option to those who are unresponsive to medical treatment. Hair loss is a common problem among all age group, and growing desire to retain a youthful look substantiates the consistent demand for hair transplant services.
Request Sample Copy at https://www.marketresearchfuture.com/sample_request/3409
Genetics, high-stress levels, medical conditions, and aging are factors contributing to hair loss and increase in a number of people suffering from hair loss fosters the growth of the global hair transplant market. Losing hair is traumatic, and the social stigma attached to baldness and hair loss is the prime driver of the global hair transplant market.
Availability of hair transplant services across various hospitals, specialty clinics coupled with the rise in disposable income who are more willing to spend on personal care spurs the growth of the market. Increase in incidences of various dermatological disorders and rise in hair loss cases due to chemotherapy also contributes to the market growth.
Advancements in hair transplantation techniques and the emergence of newer methods such as the Follicular Unit Extraction (FUE) has created a paradigm shift for the hair transplant industry. FUE is a minimally invasive hair transplant surgery and has been able to tap those consumers who were previously unwilling to undergo a hair transplant when it appeared to be an invasive procedure.
Introduction of robotic hair transplant and rise in medical tourism is also expected to spur the growth of the market over the forecast period. Even though the market is proliferating, the growth of the market might be met by few restraining factors such as severe side effects associated with hair transplant and high cost associated with these procedures. The global hair transplant market is poised to catapult from USD 4128.1 Million in 2016 to USD 23881.9 Million by the end of 2023.
The Eminent Players operating in the Global Hair Transplant Market include Bernstein Medical (US), Cole instruments (US), MEDICAMAT (France), Restoration Robotics Inc. Company (US), Bosley (US), and Ethics hair instruments (India).
The global hair transplant market has been segmented based on surgical methods, type of surgery, and end user. By surgical methods, the market has been segmented into Follicular Unit Transplantation (FUT) and Follicular Unit Extraction (FUE). By type of surgery, the market has been segmented into Head Hair Transplant, Eyebrow Transplant, Frontal Hairline Lowering or Reconstruction. By end user, the market has been segmented into trichology, hospitals, and dermatology.
The global hair transplant market spans across the regions of the Americas, Europe, Asia Pacific, and the Middle East & Africa. The Americas held the maximum share of the global market and was valued at USD 2240.7 Million in 2016.
Asia Pacific is the second largest market for hair transplant and is expected to expand at a CAGR of 24.3% over the forecast period. The market in Europe is flourishing, and countries like France, Germany, and the UK are the key contributors to the Europe market. Europe hair transplant market is expected to attain USD 3,647.3 million by 2023. The Middle East & Africa market is expected to exhibit limited growth over the forecast period due to lack of knowledge of treatment.
In September 2018, Restoration Robotics, Inc., a global leader in robotic hair restoration, announced the third class for Master Class Series for the ARTAS® Robotic Hair Restoration System which will provide training to physicians on best practices and the most updated techniques on hair transplant.
The master class will include live demonstration, hair restoration topics and technical aspects of robotic surgery for hair transplant.
Browse Complete 70 Pages Premium Research Report Enabled with 100+ Respective Tables and Figures at https://www.marketresearchfuture.com/reports/hair-transplant-market-3409
Major TOC of Global Hair Transplant Market Research Report- Forecast to 2023:
1 History and Evolution of Hair Transplant
2 Report Prologue
4 Research Methodology
5 Market Dynamics
6 Market Factor Analysis
7 Global Hair Transplant Market, Surgical Methods
8 Global Hair Transplant Market, Type of Surgery
9 Global Hair Transplant Market, End-User
10 Global Hair Transplant Market, by Region
11 Company Profile
12 List of Tables
13 List of Figures
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar