Hair Transplant Services Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Growing Demand and Technological Advancements Drive Market Growth

The global hair transplant services market is witnessing a surge in demand, and one procedure, in particular, is leading the way. Among the various transplant procedures available, Follicular Unit Strip Surgery (FUSS) has emerged as the preferred choice, outpacing other methods in the market.

Procedure Breakdown

The global hair transplant services market is segmented into three major transplant procedures: scalp reduction, follicular unit strip surgery (FUSS), and follicular unit extraction (FUE).

In the case of Follicular Unit Strip Surgery (FUSS), a large strip of hair follicles is extracted from the donor tissue on the back of the head or scalp, specifically the occipital area. These follicles are then trimmed into individual follicular unit grafts and re-implanted in the area where hair is needed.

On the other hand, Follicular Unit Extraction (FUE) involves manually collecting grafts from the donor area using punches and re-implanting them in the recipient area. This method allows for the direct removal of each follicular unit graft from the back of the scalp without the need to remove a strip of tissue. FUE is known for being a painless method, free from stitches or cuts, permanent visible scarring, or unnecessary discomfort.

Scalp reduction, a method used primarily in severe alopecia cases or traumatic burn conditions, represents a smaller portion of the market.

Market Leadership

Among these procedures, Follicular Unit Strip Surgery (FUSS) takes the lead with an expected market size of over US$5,200 Mn by the end of 2025, exhibiting a remarkable compound annual growth rate (CAGR) during the forecast period. Follicular Unit Extraction (FUE) is also expected to witness substantial growth, with a growth rate of 6.2% during the same period. The technology for FUE has evolved significantly since its introduction, leading to substantial improvements in service quality.

Innovations Drive Sales

As consumers increasingly emphasize physical appearance, hair care centers are expanding their offerings in hair transplant services. Advertising strategies employed by these centers vary according to their target audience. Highly specialized hair salons, for instance, often use mediums such as newspapers, magazines, and television for advertisements. Manufacturers, in turn, are focusing on third-party certification to gain customer trust in their brands.

Recognizing the demand for hair loss treatment products, pharmaceutical and cosmetic manufacturers are enhancing their product lines by introducing anti-hair fall products. These manufacturers are also focusing on providing multifunctional hair loss solutions with both functional and active ingredients to meet evolving consumer needs.

Challenges and Concerns

However, the increase in hair transplant procedures has raised concerns about potential side effects. Some hair loss treatment products have been associated with adverse effects. For example, a lawsuit in March 2015 alleged that the hair loss drug Propecia, containing the active ingredient Finasteride, induced serious side effects, including depression and suicidal ideation, leading to legal action against its manufacturer, Merck and Co Inc.

Reports have also linked Propecia to persistent sexual side effects after discontinuation of treatment, as well as cases of prostate cancer and male breast cancer among users. Such reports may have a negative impact on the growth of the global hair transplant services market.

Competitive Analysis:

Some of the prominent players in the global market for hair transplant services are:

• Bernstein Medical, P.C.
• Bosley Inc.
• Medicamat
• Hair Transplants of Florida
• The Ac?badem Hospitals Group
• Limmer Hair Transplant Center
• getFUE Hair Clinics Ltd
• Hair Transplant Center Turkey
• The Hairline Clinic
• Others.

Market Segmentation

Based on Procedures

• Follicular Unit Strip Surgery (FUSS)
• Follicular Unit Extraction (FUE)
• Scalp Reduction

Based on End Users

• Hospitals
• Specialized Clinics
• Ambulatory Surgical Centers

Based on Region

• North America
• Latin America
• Europe
• Asia-Pacific
• Middle East and Africa

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