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Hair Transplant Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.
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Published date -30th Jan 2024
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Formats -PDF, CSV
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Region -Global
Hair Transplant Market Analysis
1. What is the Market Size & CAGR of Hair Transplant market in 2021?
The global hair transplant market is estimated to be worth USD 5.1 billion in 2021, with a Compound Annual Growth Rate (CAGR) of 5.3%.
2. COVID-19 Impact on the Hair Transplant Market
The COVID-19 pandemic had a significant impact on the hair transplant market. Due to lockdowns and restrictions, many clinics were closed, leading to a decline in the number of procedures performed. However, as restrictions eased, the market started to recover gradually.
3. Hair Transplant Dynamics
The hair transplant market is driven by factors such as increasing awareness about cosmetic procedures, advancements in technology, and the growing popularity of non-invasive techniques like FUE (Follicular Unit Extraction).
4. Segments and Related Analysis
The hair transplant market can be segmented based on the type of procedure (FUE, FUT), type of transplant (eyebrow, beard, scalp), and end-user (hospitals, clinics, surgical centers).
5. By Region Analysis
The market for hair transplants is growing in regions such as North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America currently holds the largest market share.
6. Key Market Players and Competitive Landscape
Some of the key players in the hair transplant market include Bosley, Bernstein Medical, Limmer Hair Transplant Center, and NeoGraft. The market is highly competitive, with companies focusing on innovation and expanding their services.
7. Recent happenings in the Hair Transplant Market
In recent years, there has been a surge in the demand for robotic hair transplant procedures, which offer precision and faster recovery times. Additionally, the market has seen an increase in the use of stem cell therapy for hair restoration.