Hair Transplant Market Overview
The global hair transplant market has been evaluated as rapidly growing market and it is expected that the market will continue to grow similarly in the near future. People are getting more conscious about their appearance that is leading the market growth for hair transplant. Increasing awareness, increasing spending, and introduction of new therapies are driving the growth for global hair transplant market.
The market for hair transplant market was around US$ 4506.5 million in 2016 and is expected to reach US$ 20428.8 million which is projected to grow at a CAGR of 24.1% by 2023.
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Hair Transplant Market Segmentation
Global Hair Transplant Market has been segmented on the basis of method which comprise FUE (Follicular Unit Extraction), FUT (Follicular Unit Transplantation), and others. FUE (Follicular Unit Extraction) is further sub-segmented into Follicular isolation technique, Automated FUE hair transplantation, Robotic hair transplantation.
On the basis of type of surgery, it is segmented into eyebrow transplant, head hair transplant, frontal hair line lowering or reconstruction, and others.
On the basis of end user, the market is segmented into hospitals, dermatology clinics, trichology clinics, and others.
Hair Transplant Market Regional Analysis
Considering the global scenario of the hair transplant market, North America was holding largest market share in global hair transplant market in 2016. While the European market is second largest market with Western European region accounts the major share and growing with faster rate followed by Eastern European region. Due to developing healthcare infrastructure, increasing healthcare expenditure and growing awareness of treatments and therapies, Asia-Pacific region will be fastest growing market for hair transplant during the forecast period. On the other hand, Middle East and Africa will grow with steady pace from 2017-2023.
Hair Transplant Market Players
· Globus Medical, Inc. (U.S.)
· Depuy Synthes Inc. (Johnson & Johnson) (U.S.)
· Smith & Nephew plc. (UK)
· NuVasive, Inc. (U.S.)
· Stryker Corporation (U.S.)
· Integra LifeSciences Holdings Corporation (U.S.)
· Zimmer Biomet Holdings, Inc. (U.S.)
· Medtronic, plc (Ireland)
· Wright Medical Group N.V. (Netherlands)
· The Orthopedic Implant Company (U.S.)
· Aesculap Implant Systems (U.S.)
· Conmed Corporation (U.S.)
· BioTek Instruments, Inc. (U.S.)
· Arthrocare Corporation (U.S.)
among others are some key companies in the global Hair Transplant s that are listed by MRFR for market research.
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