The Europe hair transplant market was valued at US$ 2,004.58 million in 2022 and is expected to reach US$ 9,089.33 million by 2030; it is estimated to RECORD a CAGR of 20.8% from 2022 to 2030.
Increasing Incidences of Hair Loss Fuel Europe Hair Transplant Market
Several reasons, such as Telogen Effluvium (TE), drug side effects, tinea capitis, and alopecia areata, are responsible for hair loss. TE is a common type of hair loss caused due to severe infection and prolonged illness. For instance, according to an article published in the Journal of Medicine and Life, telogen effluvium is one of the effects of the COVID-19 pandemic. Medications and stressful circumstances brought on by COVID-19 have resulted in causing TE.
Increasing use of medications such as lithium, beta-blockers, warfarin, heparin, amphetamines, and levodopa (Atamet, Larodopa, Sinemet) can also result in hair loss. In addition, many cancer chemotherapy drugs, including doxorubicin, frequently result in rapid hair loss. Furthermore, fungal infection of the scalp is one of the major reasons for hair loss in children. According to an article published in PLOS ONE in 2023, yearly tinea capitis accounts for 25 to 30% of all infections. Alopecia areata (AA) is an autoimmune disease that causes hair loss. As per the article published in the Journal of the German Society of Dermatology, 40% of patients experience their first AA symptom by age 20, and 83-88% experience it for the first time by age 40. Thus, increasing incidences of hair loss due to various factors are boosting the market growth.
Europe Hair Transplant Market Overview
The Europe hair transplant market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. This region holds a significant share of the hair transplant market and is expected to register a notable CAGR during 2022-2030. The market growth in Europe is attributed to the increasing incidence of baldness in countries such as the Czech Republic, Spain, Germany, France, and the UK. According to a blog named "Hair Loss across Ethnicities", ~43.6% of the male population is bald or experiencing hair loss in Spain, followed by the population in the Czech Republic where ~43% of the male population is bald or balding. According to the same source, ~41% and ~39% of the male population in Germany and France, respectively, is bald or balding. According to Euromonitor International's Beauty Survey, ~17% of the population in Europe reported permanent hair loss or balding in 2021.
Europe Hair Transplant Market Revenue and Forecast to 2030 (US$ Million)
Strategic insights for the Europe Hair Transplant provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2022 | US$ 2,004.58 Million |
Market Size by 2030 | US$ 9,089.33 Million |
Global CAGR (2022 - 2030) | 20.8% |
Historical Data | 2020-2021 |
Forecast period | 2023-2030 |
Segments Covered |
By Procedure
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Hair Transplant refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
1. DHI Global Europe Ltd.
2. Qunomedical GmbH.
3. The Follicle Clinic
4. HairMax Inc
The Europe Hair Transplant Market is valued at US$ 2,004.58 Million in 2022, it is projected to reach US$ 9,089.33 Million by 2030.
As per our report Europe Hair Transplant Market, the market size is valued at US$ 2,004.58 Million in 2022, projecting it to reach US$ 9,089.33 Million by 2030. This translates to a CAGR of approximately 20.8% during the forecast period.
The Europe Hair Transplant Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Hair Transplant Market report:
The Europe Hair Transplant Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Hair Transplant Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Hair Transplant Market value chain can benefit from the information contained in a comprehensive market report.