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Hair Restoration Market Size, Share & Trends Analysis Report by Procedure (Follicular Unit Extraction, Follicular Unit Transplantation), Therapy (Low-level Laser Therapy, Platelet-rich Plasma), Region, and Segment Forecasts, 2024-2030

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  • 145 Pages
  • May 2024
  • Region: Global
  • Grand View Research
  • ID: 5415541
Description Jump to:
The global hair restoration market size is expected to reach USD 18.67 billion by 2030, expanding at a CAGR of 16.6%. This growth is driven by various factors, including the increasing prevalence of hair loss disorders like androgenetic alopecia, which is prompting more individuals to seek hair restoration treatments. Lifestyle factors such as stress, poor nutrition, and environmental pollution are also contributing to hair loss, further fueling market growth. Moreover, the growing aging population worldwide is a major driver, as aging is often associated with hair thinning and loss, leading to a higher demand for hair restoration procedures.

Recent advancements in technology and treatment options are also driving market growth. For instance, the introduction of innovative techniques like follicular unit extraction (FUE) and robotic hair transplant procedures has improved the efficiency and outcomes of hair restoration treatments, attracting more patients. Additionally, the increasing acceptance and adoption of minimally invasive procedures for hair restoration, such as PRP therapy and low-level laser therapy (LLLT), are contributing to market growth.

Companies are also launching new and advanced products to meet the growing demand for hair restoration solutions. For instance, HermestHair Clinic (HHC) in Turkey recently introduced a cost-effective and unique FUE method for hair transplants, providing patients with a more affordable option for hair restoration procedures. These factors, combined with rising disposable incomes and a growing focus on personal appearance and grooming, are expected to continue driving significant growth in the market in the coming years.

Hair Restoration Market Report Highlights

  • Based on procedure, the Follicular Unit Extraction (FUE) technique emerged as the leading segment within the market, primarily due to its minimally invasive approach and the natural appearance of the results it produces. This has significantly increased its appeal among individuals seeking hair restoration solutions
  • Based on therapy, the platelet-rich plasma segment dominated the market in 2023 due to the growing recognition of its effectiveness in promoting hair growth and improving hair density, leading to its widespread adoption in the market
  • Asia Pacific region held the largest share in 2023 due to its large population, increasing disposable income, and growing awareness about hair restoration treatments, driving the demand for such procedures in the region
  • Market players are implementing various strategic initiatives to enhance product reach and availability across different geographic regions

Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Procedure
1.2.2. Therapy
1.2.3. Regional Scope
1.2.4. Estimates and Forecast Timeline
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased Database
1.4.2. Internal Database
1.4.3. Secondary Sources
1.4.4. Primary Research
1.4.5. Details of Primary Research
1.5. Information or Data Analysis
1.5.1. Data Analysis Models
1.6. Market Formulation & Validation
1.7. Model Details
1.7.1. Commodity Price Analysis (Model 1)
1.7.2. Approach 1: Volume Price Approach
1.8. List of Secondary Sources
1.9. List of Primary Sources
1.10. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Procedure Segment
2.2.2. Therapy Segment
2.2.3. Regional Outlook
2.3. Competitive Insights
Chapter 3. Global Hair Restoration Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related/ancillary Market Outlook
3.2. Market Dynamics
3.2.1. Market Driver Analysis
3.2.2. Market Restraint Analysis
3.3. Hair Restoration Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Supplier Power
3.3.1.2. Buyer Power
3.3.1.3. Substitution Threat
3.3.1.4. Threat of New Entrant
3.3.1.5. Competitive Rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political Landscape
3.3.2.2. Technological Landscape
3.3.2.3. Economic Landscape
Chapter 4. Hair Restoration Market: Procedure Estimates & Trend Analysis
4.1. Hair Restoration Market: Procedure Dashboard
4.2. Hair Restoration Market: Procedure Movement Analysis
4.3. Hair Restoration Market Size & Forecasts and Trend Analysis, by Procedure, 2018 to 2030 (USD Million)
4.4. Follicular Unit Extraction
4.4.1. Market Estimates and Forecast 2018 to 2030 (USD Million)
4.5. Follicular Unit Transplantation
4.5.1. Market Estimates and Forecast 2018 to 2030 (USD Million)
Chapter 5. Hair Restoration Market: Therapy Estimates & Trend Analysis
5.1. Hair Restoration Market: Therapy Dashboard
5.2. Hair Restoration Market: Therapy Movement Analysis
5.3. Hair Restoration Market Size & Forecasts and Trend Analysis, by Therapy, 2018 to 2030 (USD Million)
5.4. Low-Level Laser Therapy (LLLT)
5.4.1. Market Estimates and Forecast 2018 to 2030 (USD Million)
5.5. Stem Cell Hair Restoration
5.5.1. Market Estimates and Forecast 2018 to 2030 (USD Million)
5.6. Platelet Rich Plasma
5.6.1. Market Estimates and Forecast 2018 to 2030 (USD Million)
Chapter 6. Hair Restoration Market: Regional Estimates & Trend Analysis by Country, Procedure, and Therapy
6.1. Global Hair Restoration Market: Regional Dashboard
6.2. Market Size & Forecasts Trend Analysis, 2018 to 2030
6.3. North America
6.3.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
6.3.2. U.S.
6.3.2.1. Key Country Dynamics
6.3.2.2. Regulatory Framework/Reimbursement Structure
6.3.2.3. Competitive Scenario
6.3.2.4. U.S. Market Estimates and Forecast, 2018-2030 (USD Million)
6.3.3. Canada
6.3.3.1. Key Country Dynamics
6.3.3.2. Regulatory Framework/Reimbursement Structure
6.3.3.3. Competitive Scenario
6.3.3.4. Canada Market Estimates and Forecast, 2018-2030 (USD Million)
6.4. Europe
6.4.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
6.4.2. UK
6.4.2.1. Key Country Dynamics
6.4.2.2. Regulatory Framework/Reimbursement Structure
6.4.2.3. Competitive Scenario
6.4.2.4. UK Market Estimates and Forecast, 2018-2030 (USD Million)
6.4.3. Germany
6.4.3.1. Key Country Dynamics
6.4.3.2. Regulatory Framework/Reimbursement Structure
6.4.3.3. Competitive Scenario
6.4.3.4. Germany Market Estimates and Forecast, 2018-2030 (USD Million)
6.4.4. France
6.4.4.1. Key Country Dynamics
6.4.4.2. Regulatory Framework/Reimbursement Structure
6.4.4.3. Competitive Scenario
6.4.4.4. France Market Estimates and Forecast, 2018-2030 (USD Million)
6.4.5. Italy
6.4.5.1. Key Country Dynamics
6.4.5.2. Regulatory Framework/Reimbursement Structure
6.4.5.3. Competitive Scenario
6.4.5.4. Italy Market Estimates and Forecast, 2018-2030 (USD Million)
6.4.6. Spain
6.4.6.1. Key Country Dynamics
6.4.6.2. Regulatory Framework/Reimbursement Structure
6.4.6.3. Competitive Scenario
6.4.6.4. Spain Market Estimates and Forecast, 2018-2030 (USD Million)
6.4.7. Sweden
6.4.7.1. Key Country Dynamics
6.4.7.2. Regulatory Framework/Reimbursement Structure
6.4.7.3. Competitive Scenario
6.4.7.4. Sweden Market Estimates and Forecast, 2018-2030 (USD Million)
6.4.8. Norway
6.4.8.1. Key Country Dynamics
6.4.8.2. Regulatory Framework/Reimbursement Structure
6.4.8.3. Competitive Scenario
6.4.8.4. Norway Market Estimates and Forecast, 2018-2030 (USD Million)
6.4.9. Denmark
6.4.9.1. Key Country Dynamics
6.4.9.2. Regulatory Framework/Reimbursement Structure
6.4.9.3. Competitive Scenario
6.4.9.4. Denmark Market Estimates and Forecast, 2018-2030 (USD Million)
6.5. Asia-Pacific
6.5.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
6.5.2. China
6.5.2.1. Key Country Dynamics
6.5.2.2. Regulatory Framework/Reimbursement Structure
6.5.2.3. Competitive Scenario
6.5.2.4. China Market Estimates and Forecast, 2018-2030 (USD Million)
6.5.3. Japan
6.5.3.1. Key Country Dynamics
6.5.3.2. Regulatory Framework/Reimbursement Structure
6.5.3.3. Competitive Scenario
6.5.3.4. Japan Market Estimates and Forecast, 2018-2030 (USD Million)
6.5.4. India
6.5.4.1. Key Country Dynamics
6.5.4.2. Regulatory Framework/Reimbursement Structure
6.5.4.3. Competitive Scenario
6.5.4.4. India Market Estimates and Forecast, 2018-2030 (USD Million)
6.5.5. Australia
6.5.5.1. Key Country Dynamics
6.5.5.2. Regulatory Framework/Reimbursement Structure
6.5.5.3. Competitive Scenario
6.5.5.4. Australia Market Estimates and Forecast, 2018-2030 (USD Million)
6.5.6. Thailand
6.5.6.1. Key Country Dynamics
6.5.6.2. Regulatory Framework/Reimbursement Structure
6.5.6.3. Competitive Scenario
6.5.6.4. Thailand Market Estimates and Forecast, 2018-2030 (USD Million)
6.5.7. South Korea
6.5.7.1. Key Country Dynamics
6.5.7.2. Regulatory Framework/Reimbursement Structure
6.5.7.3. Competitive Scenario
6.5.7.4. South Korea Market Estimates and Forecast, 2018-2030 (USD Million)
6.6. Latin America
6.6.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
6.6.2. Brazil
6.6.2.1. Key Country Dynamics
6.6.2.2. Regulatory Framework/Reimbursement Structure
6.6.2.3. Competitive Scenario
6.6.2.4. Brazil Market Estimates and Forecast, 2018-2030 (USD Million)
6.6.3. Mexico
6.6.3.1. Key Country Dynamics
6.6.3.2. Regulatory Framework/Reimbursement Structure
6.6.3.3. Competitive Scenario
6.6.3.4. Mexico Market Estimates and Forecast, 2018-2030 (USD Million)
6.6.4. Argentina
6.6.4.1. Key Country Dynamics
6.6.4.2. Regulatory Framework/Reimbursement Structure
6.6.4.3. Competitive Scenario
6.6.4.4. Argentina Market Estimates and Forecast, 2018-2030 (USD Million)
6.7. MEA
6.7.1. Market Estimates and Forecasts 2018 to 2030 (USD Million)
6.7.2. Saudi Arabia
6.7.2.1. Key Country Dynamics
6.7.2.2. Regulatory Framework/Reimbursement Structure
6.7.2.3. Competitive Scenario
6.7.2.4. Saudi Arabia Market Estimates and Forecast, 2018-2030 (USD Million)
6.7.3. South Africa
6.7.3.1. Key Country Dynamics
6.7.3.2. Regulatory Framework/Reimbursement Structure
6.7.3.3. Competitive Scenario
6.7.3.4. South Africa Market Estimates and Forecast, 2018-2030 (USD Million)
6.7.4. UAE
6.7.4.1. Key Country Dynamics
6.7.4.2. Regulatory Framework/Reimbursement Structure
6.7.4.3. Competitive Scenario
6.7.4.4. UAE Market Estimates and Forecast, 2018-2030 (USD Million)
6.7.5. Kuwait
6.7.5.1. Key Country Dynamics
6.7.5.2. Regulatory Framework/Reimbursement Structure
6.7.5.3. Competitive Scenario
6.7.5.4. Kuwait Market Estimates and Forecast, 2018-2030 (USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, by Key Manufacturers
7.2. Company/Competition Categorization
7.3. Vendor Landscape
7.3.1. List of Key Distributors and Channel Partners
7.3.2. Key Customers
7.3.3. Key Company Market Share Analysis, 2023
7.3.4. Bosley
7.3.4.1. Company Overview
7.3.4.2. Financial Performance
7.3.4.3. Application Benchmarking
7.3.4.4. Strategic Initiatives
7.3.5. Fue Hair Transplant
7.3.5.1. Company Overview
7.3.5.2. Financial Performance
7.3.5.3. Application Benchmarking
7.3.5.4. Strategic Initiatives
7.3.6. Hair Restoration Network
7.3.6.1. Company Overview
7.3.6.2. Financial Performance
7.3.6.3. Application Benchmarking
7.3.6.4. Strategic Initiatives
7.3.7. New York Hair Restoration Centers
7.3.7.1. Company Overview
7.3.7.2. Financial Performance
7.3.7.3. Application Benchmarking
7.3.7.4. Strategic Initiatives
7.3.8. Shapiro Medical Group
7.3.8.1. Company Overview
7.3.8.2. Financial Performance
7.3.8.3. Application Benchmarking
7.3.8.4. Strategic Initiatives
7.3.9. The Harley Street Hair Clinic
7.3.9.1. Company Overview
7.3.9.2. Financial Performance
7.3.9.3. Application Benchmarking
7.3.9.4. Strategic Initiatives
7.3.10. The Maitland Clinic (UK)
7.3.10.1. Company Overview
7.3.10.2. Financial Performance
7.3.10.3. Application Benchmarking
7.3.10.4. Strategic Initiatives
7.3.11. Chung Hospital
7.3.11.1. Company Overview
7.3.11.2. Financial Performance
7.3.11.3. Application Benchmarking
7.3.11.4. Strategic Initiatives
7.3.12. CS Hair Clinic
7.3.12.1. Company Overview
7.3.12.2. Financial Performance
7.3.12.3. Application Benchmarking
7.3.12.4. Strategic Initiatives
List of Tables
Table 1 List of Secondary Sources
Table 2 List of Abbreviations
Table 3 Global Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 4 Global Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 5 North America Hair Restoration Market, by Region, 2018-2030 (USD Million)
Table 6 North America Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 7 North America Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 8 U.S. Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 9 U.S. Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 10 Canada Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 11 Canada Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 12 Europe Hair Restoration Market, by Country, 2018-2030 (USD Million)
Table 13 Europe Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 14 Europe Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 15 UK Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 16 UK Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 17 Germany Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 18 Germany Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 19 France Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 20 France Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 21 Italy Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 22 Italy Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 23 Spain Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 24 Spain Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 25 Norway Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 26 Norway Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 27 Sweden Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 28 Sweden Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 29 Denmark Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 30 Denmark Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 31 Asia-Pacific Hair Restoration Market, by Country, 2018-2030 (USD Million)
Table 32 Asia-Pacific Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 33 Asia-Pacific Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 34 Japan Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 35 Japan Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 36 China Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 37 China Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 38 India Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 39 India Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 40 Australia Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 41 Australia Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 42 South Korea Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 43 South Korea Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 44 Thailand Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 45 Thailand Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 46 Latin America Hair Restoration Market, by Country, 2018-2030 (USD Million)
Table 47 Latin America Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 48 Latin America Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 49 Brazil Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 50 Brazil Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 51 Mexico Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 52 Mexico Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 53 Argentina Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 54 Argentina Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 55 Middle East & Africa Hair Restoration Market, by Country, 2018-2030 (USD Million)
Table 56 Middle East & Africa Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 57 Middle East & Africa Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 58 South Africa Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 59 South Africa Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 60 Saudi Arabia Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 61 Saudi Arabia Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 62 UAE Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 63 UAE Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
Table 64 Kuwait Hair Restoration Market, by Procedure, 2018-2030 (USD Million)
Table 65 Kuwait Hair Restoration Market, by Therapy, 2018-2030 (USD Million)
List of Figures
Figure 1 Market Research Process
Figure 2 Information Procurement
Figure 3 Primary Research Pattern
Figure 4 Market Research Approaches
Figure 5 QFD Modelling for Market Share Assessment
Figure 6 Market Formulation & Validation
Figure 7 Market Outlook
Figure 8 Hair Restoration Market Segmentation
Figure 9 Market Trends & Outlook
Figure 10 Market Driver Relevance Analysis (Current & Future Impact)
Figure 11 Market Restraint Relevance Analysis (Current & Future Impact)
Figure 12 Hair Restoration Procedure Market Share Analysis, 2023 & 2030
Figure 13 Hair Restoration Procedure Market: Segment Dashboard
Figure 14 Follicular Unit Extraction Market, 2018-2030 (USD Million)
Figure 15 Follicular Unit Transplantation Market, 2018-2030 (USD Million)
Figure 16 Hair Restoration Therapy Market Share Analysis, 2023 & 2030
Figure 17 Hair Restoration Therapy Market: Segment Dashboard
Figure 18 Low Level Laser Therapy Market (LLLT), 2018-2030 (USD Million)
Figure 19 Stem Cell Hair Restoration Market, 2018-2030 (USD Million)
Figure 20 Hair Restoration Regional Market Share Analysis, 2023 & 2030
Figure 21 Hair Restoration Market: Segment Dashboard
Figure 22 Regional Market Place: Key Takeaways
Figure 23 North America Hair Restoration Market, 2018-2030 (USD Million)
Figure 24 US Hair Restoration Market, 2018-2030 (USD Million)
Figure 25 Canada Hair Restoration Market, 2018-2030 (USD Million)
Figure 26 Europe Hair Restoration Market, 2018-2030 (USD Million)
Figure 27 UK Hair Restoration Market, 2018-2030 (USD Million)
Figure 28 France Hair Restoration Market, 2018-2030 (USD Million)
Figure 29 Germany Hair Restoration Market, 2018-2030 (USD Million)
Figure 30 Italy Hair Restoration Market, 2018-2030 (USD Million)
Figure 31 Spain Hair Restoration Market, 2018-2030 (USD Million)
Figure 32 Denmark Hair Restoration Market, 2018-2030 (USD Million)
Figure 33 Norway Hair Restoration Market, 2018-2030 (USD Million)
Figure 34 Sweden Hair Restoration Market, 2018-2030 (USD Million)
Figure 35 Asia-Pacific Hair Restoration Market, 2018-2030 (USD Million)
Figure 36 Japan Hair Restoration Market, 2018-2030 (USD Million)
Figure 37 China Hair Restoration Market, 2018-2030 (USD Million)
Figure 38 India Hair Restoration Market, 2018-2030 (USD Million)
Figure 39 Australia Hair Restoration Market, 2018-2030 (USD Million)
Figure 40 South Korea Hair Restoration Market, 2018-2030 (USD Million)
Figure 41 Thailand Hair Restoration Market, 2018-2030 (USD Million)
Figure 42 Latin America Hair Restoration Market, 2018-2030 (USD Million)
Figure 43 Brazil Hair Restoration Market, 2018-2030 (USD Million)
Figure 44 Mexico Hair Restoration Market, 2018-2030 (USD Million)
Figure 45 Argentina Hair Restoration Market, 2018-2030 (USD Million)
Figure 46 MEA Hair Restoration Market, 2018-2030 (USD Million)
Figure 47 Saudi Arabia Hair Restoration Market, 2018-2030 (USD Million)
Figure 48 South Africa Hair Restoration Market, 2018-2030 (USD Million)
Figure 49 UAE Hair Restoration Market, 2018-2030 (USD Million)
Figure 50 Kuwait Hair Restoration Market, 2018-2030 (USD Million)
Figure 51 Company Market Position Analysis

Companies Mentioned

  • Bosley
  • Fue Hair Transplant
  • Hair Restoration Network
  • New York Hair Restoration Centers
  • Shapiro Medical Group
  • The Harley Street Hair Clinic
  • The Maitland Clinic (UK)
  • Chung Hospital
  • CS Hair Clinic

Methodology

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Table Information

Report AttributeDetails
No. of Pages145
PublishedMay 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 6.46 Billion
Forecasted Market Value ( USD ) by 2030 $ 18.67 Billion
Compound Annual Growth Rate16.6%
Regions CoveredGlobal
No. of Companies Mentioned9

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