Alopecia Treatment (Hair Loss) Market Size - Application, Trends, Growth, Opportunities and Forecast to 2030

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Alopecia Treatment (Hair Loss) Market survey report analyses the general market conditions such as product price, profit, capacity, production, supply, demand, and market growth rate which supports businesses on deciding upon several strategies. Furthermore, big sample sizes have been utilized for the data collection in this business report which suits the necessities of small, medium as well as large size of businesses. The report explains the moves of top market players and brands that range from developments, products launches, acquisitions, mergers, joint ventures, trending innovation and business policies.

Hair loss is on the rise due to poor eating patterns and sedentary lifestyles with each passing decade. In addition, aging, hormonal imbalance, and an increase in chronic diseases like cancer, hypertension, arthritis, and depression, particularly in the middle-aged population, all contribute to hair loss. Nearly 95% of men's hair loss is caused by androgenetic alopecia, according to the American Hair Loss Association. Over 800,000 people worldwide are looking for a cure for hair loss, thus the market sees a surge in technology and treatment in the market in the mentioned forecast period.

Data Bridge Market Research analyses that the alopecia treatment (hair loss) market, valued at USD 3,614.73 million in 2022, will reach USD 6,266.73 million by 2030, growing at a CAGR of 7.12% during the forecast period of 2023 to 2030.  

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Alopecia is a type of hair loss brought on by specific medical conditions or dietary problems. Sedentary lifestyles and poor eating habits are contributing to an increase in hair loss. In addition, aging, hormonal imbalance, and an increase in chronic diseases like cancer, hypertension, arthritis, and depression, particularly in the middle-aged population, all contribute to hair loss.

Alopecia Treatment (Hair Loss) Market Dynamics

Drivers

  • Increasing prevalence of alopecia drives the market

The increasing prevalence of alopecia, encompassing conditions like androgenetic alopecia and alopecia areata, is a key driver for the alopecia treatment market. Factors such as genetic predisposition, hormonal imbalances, stress, and lifestyle changes contribute to the rising incidence of hair loss worldwide. As more individuals experience hair loss, there is a growing demand for effective treatment options to address this concern. This drives market growth as pharmaceutical companies and healthcare providers focus on developing and offering innovative solutions to meet the needs of the growing patient population seeking treatment for various forms of alopecia.

  • Aging population drives the market

The aging population is a significant driver for the growth of the alopecia treatment market. Hair loss is commonly associated with aging, and as the global population continues to age, the prevalence of age-related hair loss is expected to increase. With more individuals in older age groups experiencing hair loss, there is a greater demand for effective treatment options to address this concern. This demographic trend provides an opportunity for pharmaceutical companies and healthcare providers to develop and offer specialized treatments tailored to the unique needs of the aging population, driving the expansion of the alopecia treatment market.

Some of the major players operating in the alopecia treatment (hair loss) market are:

  • Johnson & Johnson Private Limited (U.S.)
  • GlaxoSmithKline plc U.K.)
  • Merck & Co., Inc. (U.S.)
  • Pfizer Inc. (U.S.)
  • Sun Pharmaceutical Industries Ltd. (India)
  • Teva Pharmaceutical Industries Ltd. (Israel)
  • Cipla Inc. (India)
  • Endo International plc (Ireland)
  • Zydus Group (India)
  • Abbott (U.S.)
  • Aurobindo Pharma (India)
  • Dr. Reddy’s Laboratories Ltd. (India)
  • Perrigo Company plc (Ireland)
  • Curallux, LLC. (U.S.)
  • DR. KURT WOLFF GMBH & CO. KG (Germany)
  • WockhardtHospitals (India)
  • Sun Pharmaceutical Industries Ltd.(India)
  • Concert Pharmaceuticals. (U.S.)
  • Cipla Inc. (India)
  • DAIICHI SANKYO COMPANY, LIMITED. (Japan)

Global Alopecia Treatment (Hair Loss) Market Scope

The alopecia treatment (hair loss) market is segmented on the basis of disease type, treatment, drug type, gender, age group, form, distribution channel, and end-users. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Disease Type

  • Alopecia Areata
  • Cicatricial
  • Traction
  • Androgenetic Alopecia
  • Non‒Cicatricial Alopecia
  • Traction Alopecia
  • Ciatricial Alopecia
  • Alopecia Totalis
  • Alopecia Universalis
  • Others

Treatment

  • Localized Therapies
  • Medical Devices
  • Systemic Therapies
  • Herbal Treatment
  • Hair Transplant Services
  • Low Level Laser Therapy

Drug Type

  • Topical Agents
  • Creams
  • Oils
  • Gels
  • Shampoo
  • Lotion
  • Foam
  • Oral Drugs
  • Injections
  • Platelet Rich Plasma
  • Steroid Injections
  • Injectable Filler
  • Corticosteroids
  • Immunosuppressants
  • Minoxidil
  • Finasteride
  • Others

Gender

  • Male
  • Female

Age Group

  • Below 18 Years
  • 18-34 Years
  • 35-49 Years
  • Above 50 Years

Form

  • Topical
  • Oral
  • Parenteral

Distribution Channel

  • Hospital Pharmacy
  • Drug Stores
  • Dermatology Clinics
  • Retail Pharmacy
  • Online Pharmacy
  • Others

End-Users

  • Hospitals
  • Dermatologic and Trichology Clinics
  • Aesthetic Clinics
  • Specialty Clinics
  • Homecare
  • Others

Key Coverage in the Alopecia Treatment (Hair Loss) Market Report:

  • Detailed analysis of Alopecia Treatment (Hair Loss) Market by a thorough assessment of the technology, product type, application, and other key segments of the report
  • Qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period
  • Investigative study of the market dynamics including drivers, opportunities, restraints, and limitations that can influence the market growth
  • Comprehensive analysis of the regions of the Alopecia Treatment (Hair Loss) industry and their futuristic growth outlook
  • Competitive landscape benchmarking with key coverage of company profiles, product portfolio, and business expansion strategies

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