At 21.2% CAGR, South & Central America Hair Transplant Market is Projected to be Worth US$ 907.30 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the South & Central America hair transplant market was valued at US$ 195.18 million in 2022 and is expected to reach US$ 907.30 million by 2030, registering a CAGR of 21.2% from 2022 to 2030. Technological advancements in hair transplant surgery and expanding aging population and changing lifestyle patterns are among the critical factors attributed to the South & Central America hair transplant market expansion.

Hair transplant surgery has come a long way in recent years due to advancements in research and technology. However, advances in hair transplant techniques have significantly affected hair transplant procedures. Robotic systems, stem cell hair loss therapy, platelet-rich plasma (PRP) therapy, ethnic hair transplants, hairline advancement, tissue expansion, and hair cloning are cutting-edge techniques in hair transplantation. Robotic hair transplantation is an automated technique that uses robotic arms, cameras, and imaging software to extract and position hair follicles. It combines the accuracy of robotics with the skill of a trained surgeon. The benefits of this method include precision, lessening of scarring, quicker healing, and natural-looking outcomes for patients. Follicular unit extraction (FUE) is a new technique that is becoming popular because it's easy to use and takes less time to heal. Direct hair implantation (DHI) is a more advanced version of FUE. It has several advantages over FUE, such as extracted follicles being implanted directly into the recipient area. This eliminates the need to make incisions in the scalp. This allows for faster healing, less scalp trauma, and more accurate placement of hair follicles. PRP is also gaining traction as a way to improve the results of hair transplants. It can help increase the amount and quality of hair transplants, leading to better results. Stem cell hair transplantation is a novel approach to hair loss that offers great potential for those with severe hair loss or restricted donor areas. There is tremendous potential for stem cell hair transplantation to revolutionize the field of hair regrowth. Thus, technological advancement in hair transplant is projected to influence market expansion positively.

On the contrary, high cost of hair transplant procedures hurdles the growth of South & Central America hair transplant market.

Based on procedures, the South & Central America hair transplant market is bifurcated into surgical hair transplant procedures and non-surgical procedures. The non-surgical procedures segment held 58.3% share of South & Central America hair transplant market in 2022, amassing US$ 113.79 million. It is projected to garner US$ 519.56 million by 2030 to expand at 20.9% CAGR during 2022-2030. The surgical hair transplant procedures segment is sub segmented into Follicular Unite Strip Surgery (FUS), Follicular Unit Extraction (FUE), and other surgical procedures. The non-surgical procedures segment is sub segmented into platelet rich plasma non-surgical procedures, laser cap, and others.

In terms of site of transplantation, the South & Central America hair transplant market is categorized into scalp transplant, eyelash transplant, eyebrow transplant, beard/ moustache transplant, chest transplant, and others. The scalp transplant segment held 75.6% share of South & Central America hair transplant market in 2022, amassing US$ 147.64 million. It is projected to garner US$ 681.26 million by 2030 to expand at 21.1% CAGR during 2022-2030.

Based on country, the South & Central America hair transplant market has been categorized into Brazil, Argentina, and the Rest of South & Central America. Our regional analysis states that the Rest of South & Central America captured 37.8% share of South & Central America hair transplant market in 2022. It was assessed at US$ 73.70 million in 2022 and is likely to hit US$ 336.06 million by 2030, exhibiting a CAGR of 20.9% during 2022-2030.

Key players operating in the South & Central America hair transplant market are CAPMED Transplantation Clinic, Clinica Capilar, DHI Panama, and Hairmax Inc, among others.



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