The global beard transplant market size was valued at $189.0 million in 2021, and is estimated to reach $1,163.9 million by 2031, registering a CAGR of 21.1% from 2022 to 2030.
Growing beard and moustache is a complex task as it does not grow uniformly on every men’s face, which results in the formation of patchy beard instead of stylish beard. Sometimes, due to hereditary genes beard growth is impossible in some men. The growing desire among men to look stylish and more masculine is boosting the demand for beard transplant across the globe. As per the International Society of Hair Restoration Surgery (ISHRS), men with unshaven beard are perceived as more aggressive and dominant, look older, more masculine, and attract positive female attitudes. Improving facial aesthetics is the primary aim of people, which stimulates them to opt for beard transplant surgeries, thereby, augmenting the global beard transplant market growth.
The global beard transplant market is expected to rise significantly owing to the rise in medical tourism. There are several developing countries that offer effective and efficient beard transplant surgeries at cheaper rates. This is a major factor that makes countries like India, China, Hungary, Turkey, Mexico, and Poland, a popular destination for beard transplant surgeries that attracts consumers from across the globe. Moreover, rise in cases of burn injuries and road traffic accidents in the low and middle income countries is expected to boost the demand for the beard transplant in the forthcoming future.
The beard transplant market is segmented on the basis of approach, end user, service provider, and region. On the basis of approach, the market is segregated into follicular unit extraction (FUE), follicular unit transplantation (FUT), and others. By end user, the market is divided into masculine and transmasculine. Depending on the service provider, the beard transplant market is segmented into hospitals, clinics, and surgery centers. Region-wise, the beard transplant market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).
The global beard transplant industry is moderately fragmented owing to the presence of several local and global service providers. The major market players operating in the beard transplant market are engaged in various developmental strategies, such as partnership, product launches, and business expansion to gain competitive advantage over others. The key market players profiled in this report include, Ashlin Alexander Facial Cosmetic Surgery, Bain Clinic, Bosley, CapilClinic, Dezire Clinic, DHI Global Medical Group, iGraft Global Hair Services Pvt Ltd., Maxim Hair Restoration, Smile Hair Clinic, and Wimpole Clinic.
It provides detailed qualitative and quantitative analysis of current trends and future estimations that assists to evaluate the prevailing market opportunities.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
Growing beard and moustache is a complex task as it does not grow uniformly on every men’s face, which results in the formation of patchy beard instead of stylish beard. Sometimes, due to hereditary genes beard growth is impossible in some men. The growing desire among men to look stylish and more masculine is boosting the demand for beard transplant across the globe. As per the International Society of Hair Restoration Surgery (ISHRS), men with unshaven beard are perceived as more aggressive and dominant, look older, more masculine, and attract positive female attitudes. Improving facial aesthetics is the primary aim of people, which stimulates them to opt for beard transplant surgeries, thereby, augmenting the global beard transplant market growth.
The global beard transplant market is expected to rise significantly owing to the rise in medical tourism. There are several developing countries that offer effective and efficient beard transplant surgeries at cheaper rates. This is a major factor that makes countries like India, China, Hungary, Turkey, Mexico, and Poland, a popular destination for beard transplant surgeries that attracts consumers from across the globe. Moreover, rise in cases of burn injuries and road traffic accidents in the low and middle income countries is expected to boost the demand for the beard transplant in the forthcoming future.
The beard transplant market is segmented on the basis of approach, end user, service provider, and region. On the basis of approach, the market is segregated into follicular unit extraction (FUE), follicular unit transplantation (FUT), and others. By end user, the market is divided into masculine and transmasculine. Depending on the service provider, the beard transplant market is segmented into hospitals, clinics, and surgery centers. Region-wise, the beard transplant market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).
The global beard transplant industry is moderately fragmented owing to the presence of several local and global service providers. The major market players operating in the beard transplant market are engaged in various developmental strategies, such as partnership, product launches, and business expansion to gain competitive advantage over others. The key market players profiled in this report include, Ashlin Alexander Facial Cosmetic Surgery, Bain Clinic, Bosley, CapilClinic, Dezire Clinic, DHI Global Medical Group, iGraft Global Hair Services Pvt Ltd., Maxim Hair Restoration, Smile Hair Clinic, and Wimpole Clinic.
KEY BENEFITS FOR STAKEHOLDERS
The report provides an extensive analysis of the current & emerging trends and opportunities in the global beard transplant market.It provides detailed qualitative and quantitative analysis of current trends and future estimations that assists to evaluate the prevailing market opportunities.
Comprehensive analysis of factors that drive and restrict the growth of the market is provided.
Extensive analysis of the market is conducted by following key product positioning and monitoring the top competitors within the market framework.
The report provides extensive qualitative insights on the potential and niche segments or regions exhibiting favorable growth.
Key Market Segments
By Approach
- Follicular Unit Extraction
- Follicular Unit Transplantation
- Others
By End User
- Masculine
- Transmasculine
By Service Provider
- Hospitals
- Clinics
- Surgery Centers
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Singapore
- Australia
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
- Ashlin Alexander Facial Cosmetic Surgery
- Bain Clinic
- bosley
- CapilClinic
- Dezire Clinic
- DHI Global Medical Group
- iGraft Global Hair Services Pvt Ltd
- Maxim Hair Restoration
- Smile Hair Clinic
- Wimpole Clinic
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: BEARD TRANSPLANT MARKET, BY APPROACH
CHAPTER 5: BEARD TRANSPLANT MARKET, BY END USER
CHAPTER 6: BEARD TRANSPLANT MARKET, BY SERVICE PROVIDER
CHAPTER 7: BEARD TRANSPLANT MARKET, BY REGION
CHAPTER 8: COMPANY LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to the report, titled, “Beard Transplant Market," the beard transplant market was valued at $189.00 million in 2021, and is estimated to reach $1.2 billion by 2031, growing at a CAGR of 21.1% from 2022 to 2031.Beard transplant means extracting the hair follicles from one part of the body and implanting it to the jawline. The demand for beard transplant is expected to grow significantly in the forthcoming future owing to the rise in concerns among the population regarding their facial aesthetics. With changing lifestyle and growing popularity of the beard trend among men, the demand for beard transplants is expected to boost among the men with patchy beard growth. Growing beard is not a simple task as some men have several issues, such as hereditary issues, scars due to accidents and burns on face, and surgical scars that not only hamper the facial aesthetics but also restrict beard growth. Moreover, traction alopecia is a condition that leads to patchy beard growth, especially among the Sikh population in India. These factors are expected to be the major driver of the beard transplant market during the forecast period.
The rise in penetration of various beauty clinics and multispecialty hospitals and surge in consumer awareness regarding cosmetics surgeries is expected to boost the beard transplant market growth. Moreover, the demand for robotics assisted beard transplant surgeries is expected to foster in the developed markets of Europe and North America owing to the rise in focus on the adoption of advanced technologies in the healthcare sector. The presence of strong healthcare infrastructure and the rise in popularity of minimally invasive surgeries among the population are major contributors to the growth of the beard transplant market.
As per the beard transplant market analysis, the market is segmented on the basis of approach, end user, service provider, and region. On the basis of approach, the market is segregated into follicular unit extraction (FUE), follicular unit transplantation (FUT), and others. On the basis of end user, the market is divided into masculine and transmasculine. Depending on service provider, the beard transplant market is segmented into hospitals, clinics, and surgery centers. Region-wise, the beard transplant market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).
According to the beard transplant market forecast, by approach, the follicular unit extraction segment is expected to sustain its dominance during the forecast period. This segment accounted for 53.3% of the beard transplant market share in 2021. The follicular unit extraction is the most extensively used approach in the beard transplant. It has several advantages, such as no linear scar, quick recovery, faster healing, no visuals of scars, and low or no side-effects, which significantly spurred its growth across the globe.
Depending on end user, the transmasculine segment is anticipated to be the fastest-growing segment owing to the rising transgender population and rising number of gender-affirming surgeries across the globe. According to the Shandong University sponsored journal, Current Urology, around 9,000 transgender surgeries are performed in the U.S. annually.
By service provider, the clinics segment accounted for the largest market share in terms of revenue in 2021. There are several clinics, which specialize only in the hair restoration services and urge to get specialized treatment services. Thus, majority of consumers opt for the clinics to get beard transplantation services.
Region-wise, North America dominated the global beard transplant market in 2021. The higher awareness regarding the availability of facial hair restoration services among the people along with the presence of huge number of multispecialty hospitals and clinics in the region has led to the generation of higher revenues from the beard transplant market in North America.
The global beard transplant industry is moderately fragmented owing to the presence of several local and global service providers, who constantly seeks to exploit the prevailing beard transplant market opportunity. The key market players profiled in this report include, Ashlin Alexander Facial Cosmetic Surgery, Bain Clinic, Bosley, CapilClinic, Dezire Clinic, DHI Global Medical Group, iGraft Global Hair Services Pvt. Ltd., Maxim Hair Restoration, Smile Hair Clinic, and Wimpole Clinic.
Key Findings of the Study
- The global beard transplant market size was valued at $189.0 million in 2021, and is estimated to reach $1,163.9 million by 2031, growing at a CAGR of 21.1% during the forecast period.
- By approach, the follicular unit transplantation segment is estimated to witness the fastest growth, registering a CAGR of 22.6% during the forecast period.
- By end user, the masculine segment was valued at $176.5 million in 2021, accounting for 93.4% of the global market share.
- The U.S. was the most prominent market in North America in 2021, and is projected to reach $290.3 million by 2031, growing at a CAGR of 20.6% during the forecast period.
Companies Mentioned
- Ashlin Alexander Facial Cosmetic Surgery
- Bain Clinic
- Bosley
- Capilclinic
- Dezire Clinic
- Dhi Global Medical Group
- Igraft Global Hair Services Pvt Ltd
- Maxim Hair Restoration
- Smile Hair Clinic
- Wimpole Clinic
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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