Introduction
The global Hair Restoration Services Market is forecast to grow at a CAGR of 5.5% from 2022 to 2029. The report provides an in-depth analysis of the hair restoration services market with a focus on the global market trend, market dynamics, and competitive landscape. The report provides an overview of the hair restoration services market with an emphasis on the growth drivers, restraints, and opportunities. It also provides a detailed segmentation of the market by type, service provider, and geography. The report includes Porter’s five forces analysis and a SWOT analysis of the hair restoration services market.
Market Overview
The rising awareness about personal appearance and the desire to look young are major factors driving the growth of the hair restoration services market. In addition, the growing number of surgical and non-surgical options for hair restoration, along with the availability of advanced technologies, is further propelling the demand for these services.
However, the high cost of hair restoration procedures and the risk of complications associated with these procedures are some of the key factors restraining the growth of this market.
Market Drivers
There are several drivers that are fueling the growth of the global hair restoration services market. First, hair loss is a common problem that affects both men and women of all ages. According to the American Academy of Dermatology, it is estimated that over 50 million men in the United States suffer from male pattern baldness. In addition, 21 million women in the US suffer from some form of hair loss. With such a large population affected by hair loss, there is a growing demand for hair restoration services.
Second, there has been a shift in societal norms regarding hair loss and appearance. In the past, hair loss was often seen as an inevitable part of aging or as a sign of weakness. However, today hair loss is more widely accepted as a natural occurrence and people are more likely to seek treatment for it. This change in attitude is helping to drive the market for hair restoration services.
Third, advances in technology have made hair restoration procedures more effective and less invasive than ever before. Newer techniques such as follicular unit extraction (FUE) and platelet-rich plasma (PRP) therapy have made it possible to achieve natural-looking results with minimal downtime. This is making hair restoration more appealing to patients who may have been hesitant to undergo treatment in the past.
Fourth, the rise of social media and celebrity culture has created new pressures on people to maintain their appearance.
Market Restraints
The global hair restoration services market is segmented by type into surgical, nonsurgical, and others. The surgical segment includes follicular unit transplantation (FUT), follicular unit extraction (FUE), and others. The non-surgical segment includes low-level laser therapy (LLLT), micro-needling, mesotherapy, and others. The others segment includes hair wigs/weaves, hairpieces, and toupees.
The market for hair restoration services is mainly driven by the increasing prevalence of baldness and hair loss due to factors such as aging, stress, smoking, pollution, unhealthy diet, scalp infections, hormonal imbalances, genetic factors, chemotherapy, alopecia areata, lupus erythematosus. According to the American Academy of Dermatology (AAD), approximately 50 million men in the US suffer from male pattern baldness. Moreover, according to the International Society of Hair Restoration Surgery (ISHRS), approximately 21 million women in the US suffer from hereditary hair loss.
However, the high cost of hair restoration surgery is a major factor restraining the growth of the market. According to the American Society for Aesthetic Plastic Surgery (ASAPS), the average cost of a hair transplant in the US is between USD 4500 and USD 15000. In addition, the risk of complications associated with surgery such as infection and scarring is another key factor restraining market growth.
Report Includes
An overview of the global Hair Restoration Services market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2029. It also includes breakdowns of the overall Hair Restoration Services market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Hair Restoration Services market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the Hair Restoration Services market for components from 2022 through 2029
The Executive Summary provides a snapshot of key findings of the report. The introduction chapter includes research scope, market segmentation, research methodology, and definitions and assumptions. It involves extreme rigorous scientific methods, tools and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, latest technological advancement, regulatory landscape, SWOT analysis, and porters five forces analysis. This chapter provides a detailed insights of market which derives the market trends, changing phase of investments, scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, the data triangulation and market breakdown procedures is being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
The global hair restoration services market is segmented on the basis of type, service, and geography.
Type: The market for hair restoration services is segmented on the basis of type into surgical and nonsurgical.
Service: The market for hair restoration services is segmented on the basis of service into consultation, surgery, and aftercare.
Geography: The global hair restoration services market is classified into four major regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW).
North America holds the largest share in the global hair restoration services market due to factors such as rising awareness about hair loss treatments, availability of advanced technologies, and increasing disposable incomes. However, Asia-Pacific is expected to grow at the highest CAGR during the forecast period due to factors such as growing population, rising awareness about hair loss treatments and procedures, and improving economic conditions.
Global Hair Restoration Services Market Competitive Analysis:
Key players in the Global Hair Restoration Services market are Advanced Hair Restoration, RIKEN, Dual Life Co., Ltd., Reversal Advanced Hair Treatment, Milla Marie among others players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. The global Hair Restoration Services market is distributed on the basis of below-mentioned segments:
Global Hair Restoration Services market, By Type:
The global Hair Restoration Services Market is forecast to grow at a CAGR of 5.5% from 2022 to 2029. The report provides an in-depth analysis of the hair restoration services market with a focus on the global market trend, market dynamics, and competitive landscape. The report provides an overview of the hair restoration services market with an emphasis on the growth drivers, restraints, and opportunities. It also provides a detailed segmentation of the market by type, service provider, and geography. The report includes Porter’s five forces analysis and a SWOT analysis of the hair restoration services market.
Market Overview
The rising awareness about personal appearance and the desire to look young are major factors driving the growth of the hair restoration services market. In addition, the growing number of surgical and non-surgical options for hair restoration, along with the availability of advanced technologies, is further propelling the demand for these services.
However, the high cost of hair restoration procedures and the risk of complications associated with these procedures are some of the key factors restraining the growth of this market.
Market Drivers
There are several drivers that are fueling the growth of the global hair restoration services market. First, hair loss is a common problem that affects both men and women of all ages. According to the American Academy of Dermatology, it is estimated that over 50 million men in the United States suffer from male pattern baldness. In addition, 21 million women in the US suffer from some form of hair loss. With such a large population affected by hair loss, there is a growing demand for hair restoration services.
Second, there has been a shift in societal norms regarding hair loss and appearance. In the past, hair loss was often seen as an inevitable part of aging or as a sign of weakness. However, today hair loss is more widely accepted as a natural occurrence and people are more likely to seek treatment for it. This change in attitude is helping to drive the market for hair restoration services.
Third, advances in technology have made hair restoration procedures more effective and less invasive than ever before. Newer techniques such as follicular unit extraction (FUE) and platelet-rich plasma (PRP) therapy have made it possible to achieve natural-looking results with minimal downtime. This is making hair restoration more appealing to patients who may have been hesitant to undergo treatment in the past.
Fourth, the rise of social media and celebrity culture has created new pressures on people to maintain their appearance.
Market Restraints
The global hair restoration services market is segmented by type into surgical, nonsurgical, and others. The surgical segment includes follicular unit transplantation (FUT), follicular unit extraction (FUE), and others. The non-surgical segment includes low-level laser therapy (LLLT), micro-needling, mesotherapy, and others. The others segment includes hair wigs/weaves, hairpieces, and toupees.
The market for hair restoration services is mainly driven by the increasing prevalence of baldness and hair loss due to factors such as aging, stress, smoking, pollution, unhealthy diet, scalp infections, hormonal imbalances, genetic factors, chemotherapy, alopecia areata, lupus erythematosus. According to the American Academy of Dermatology (AAD), approximately 50 million men in the US suffer from male pattern baldness. Moreover, according to the International Society of Hair Restoration Surgery (ISHRS), approximately 21 million women in the US suffer from hereditary hair loss.
However, the high cost of hair restoration surgery is a major factor restraining the growth of the market. According to the American Society for Aesthetic Plastic Surgery (ASAPS), the average cost of a hair transplant in the US is between USD 4500 and USD 15000. In addition, the risk of complications associated with surgery such as infection and scarring is another key factor restraining market growth.
Report Includes
An overview of the global Hair Restoration Services market, and related technologies and developments. Analyses of global market trends, with historical data from 2018, 2019, and 2020 estimates and projections of CAGRs through 2029. It also includes breakdowns of the overall Hair Restoration Services market along with various segments, and by geographic region. Analysis of the stakeholder value chain in the Hair Restoration Services market and comprehensive profiles of leading companies in the industry
Report Scope
The report forecasts the size of the Hair Restoration Services market for components from 2022 through 2029
The Executive Summary provides a snapshot of key findings of the report. The introduction chapter includes research scope, market segmentation, research methodology, and definitions and assumptions. It involves extreme rigorous scientific methods, tools and techniques to estimate the market size. Exhaustive secondary research is being carried out to collect information related to the market, the parent market, and the peer market. Primary research is undertaken to validate the assumptions, findings, and sizing with the industry experts professionals across the value chain of the market. Both top-down and bottom-up approaches are employed to estimate the complete market size.
The chapter on market dynamics includes market drivers, restraints, and opportunities which helps familiarise with market potential and upcoming opportunities. The chapter on key insights includes emerging trends from major countries, latest technological advancement, regulatory landscape, SWOT analysis, and porters five forces analysis. This chapter provides a detailed insights of market which derives the market trends, changing phase of investments, scope of profit potential, and helps to take appropriate business decisions. The chapter on competitive analysis includes profiling of leading companies in the global market to map the leading companies and their focus of interest in the market.
After deriving the market size from the market size estimation process, the total market has been split into several segments and sub-segments. To complete the overall market engineering process and arrive at the exact statistics for all segments and sub-segments, the data triangulation and market breakdown procedures is being used. The data triangulation is carried out by studying various factors and trends from demand and supply perspectives.
Segmentation Analysis:
The global hair restoration services market is segmented on the basis of type, service, and geography.
Type: The market for hair restoration services is segmented on the basis of type into surgical and nonsurgical.
Service: The market for hair restoration services is segmented on the basis of service into consultation, surgery, and aftercare.
Geography: The global hair restoration services market is classified into four major regions, namely, North America, Europe, Asia Pacific, and Rest of the World (RoW).
North America holds the largest share in the global hair restoration services market due to factors such as rising awareness about hair loss treatments, availability of advanced technologies, and increasing disposable incomes. However, Asia-Pacific is expected to grow at the highest CAGR during the forecast period due to factors such as growing population, rising awareness about hair loss treatments and procedures, and improving economic conditions.
Global Hair Restoration Services Market Competitive Analysis:
Key players in the Global Hair Restoration Services market are Advanced Hair Restoration, RIKEN, Dual Life Co., Ltd., Reversal Advanced Hair Treatment, Milla Marie among others players.
*All our reports are customizable as per customer requirements
This study forecasts revenue and volume growth at global, regional, and country levels from 2018 to 2029. The global Hair Restoration Services market is distributed on the basis of below-mentioned segments:
Global Hair Restoration Services market, By Type:
- Scalp Restoration Services
- Non-Scalp Restoration Services
- Others
- Home Use
- Commercial3
- Others
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
HAIR RESTORATION SERVICES MARKET STUDY GLOBAL MARKET ANALYSIS, INSIGHTS AND FORECAST, 2022-2029
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Hair Restoration Services Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Segment 1
- 5.2.1. Sub-Segment 1
- 5.2.2. Sub-Segment 2
- 5.3. Market Analysis, Insights and Forecast – By Segment 2
- 5.3.1. Sub-Segment 1
- 5.3.2. Sub-Segment 2
- 5.3.3. Sub-Segment 3
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By Segment 3
- 5.4.1. Sub-Segment 1
- 5.4.2. Sub-Segment 2
- 5.4.3. Sub-Segment 3
- 5.4.4. Others
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Latin America
- 5.5.3. Europe
- 5.5.4. Asia Pacific
- 5.5.5. Middle East and Africa
6. North America Hair Restoration Services Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Segment 1
- 6.2.1. Sub-Segment 1
- 6.2.2. Sub-Segment 2
- 6.3. Market Analysis, Insights and Forecast – By Segment 2
- 6.3.1. Sub-Segment 1
- 6.3.2. Sub-Segment 2
- 6.3.3. Sub-Segment 3
- 6.3.4. Others
- 6.4. Market Analysis, Insights and Forecast – By Segment 3
- 6.4.1. Sub-Segment 1
- 6.4.2. Sub-Segment 2
- 6.4.3. Sub-Segment 3
- 6.4.4. Others
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Latin America Hair Restoration Services Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Segment 1
- 7.2.1. Sub-Segment 1
- 7.2.2. Sub-Segment 2
- 7.3. Market Analysis, Insights and Forecast – By Segment 2
- 7.3.1. Sub-Segment 1
- 7.3.2. Sub-Segment 2
- 7.3.3. Sub-Segment 3
- 7.3.4. Others
- 7.4. Market Analysis, Insights and Forecast – By Segment 3
- 7.4.1. Sub-Segment 1
- 7.4.2. Sub-Segment 2
- 7.4.3. Sub-Segment 3
- 7.4.4. Others
- 7.5. Insights and Forecast – By Country
- 7.5.1. Brazil
- 7.5.2. Mexico
- 7.5.3. Rest of Latin America
8. Europe Hair Restoration Services Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Segment 1
- 8.2.1. Sub-Segment 1
- 8.2.2. Sub-Segment 2
- 8.3. Market Analysis, Insights and Forecast – By Segment 2
- 8.3.1. Sub-Segment 1
- 8.3.2. Sub-Segment 2
- 8.3.3. Sub-Segment 3
- 8.3.4. Others
- 8.4. Market Analysis, Insights and Forecast – By Segment 3
- 8.4.1. Sub-Segment 1
- 8.4.2. Sub-Segment 2
- 8.4.3. Sub-Segment 3
- 8.4.4. Others
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. UK
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Italy
- 8.5.5. Spain
- 8.5.6. Russia
- 8.5.7. Rest of Europe
9. Asia Pacific Hair Restoration Services Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Segment 1
- 9.2.1. Sub-Segment 1
- 9.2.2. Sub-Segment 2
- 9.3. Market Analysis, Insights and Forecast – By Segment 2
- 9.3.1. Sub-Segment 1
- 9.3.2. Sub-Segment 2
- 9.3.3. Sub-Segment 3
- 9.3.4. Others
- 9.4. Market Analysis, Insights and Forecast – By Segment 3
- 9.4.1. Sub-Segment 1
- 9.4.2. Sub-Segment 2
- 9.4.3. Sub-Segment 3
- 9.4.4. Others
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. China
- 9.5.2. India
- 9.5.3. Japan
- 9.5.4. Australia
- 9.5.5. South East Asia
- 9.5.6. Rest of Asia Pacific
10. Middle East & Africa Hair Restoration Services Market Analysis (USD Billion), Insights and Forecast, 2018-2029
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Segment 1
- 10.2.1. Sub-Segment 1
- 10.2.2. Sub-Segment 2
- 10.3. Market Analysis, Insights and Forecast – By Segment 2
- 10.3.1. Sub-Segment 1
- 10.3.2. Sub-Segment 2
- 10.3.3. Sub-Segment 3
- 10.3.4. Others
- 10.4. Market Analysis, Insights and Forecast – By Segment 3
- 10.4.1. Sub-Segment 1
- 10.4.2. Sub-Segment 2
- 10.4.3. Sub-Segment 3
- 10.4.4. Others
- 10.5. Market Analysis, Insights and Forecast – By Country
- 10.5.1. GCC
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
11. Competitive Analysis
- 11.1. Company Market Share Analysis, 2018
- 11.2. Key Industry Developments
- 11.3. Company Profile
- 11.3.1. Company 1
- 11.3.1.1. Business Overview
- 11.3.1.2. Segment 1 & Service Offering
- 11.3.1.3. Overall Revenue
- 11.3.1.4. Geographic Presence
- 11.3.1.5. Recent Development
- 11.3.2. Company 2
- 11.3.3. Company 3
- 11.3.4. Company 4
- 11.3.5. Company 5
- 11.3.6. Company 6
- 11.3.7. Company 7
- 11.3.8. Company 8
- 11.3.9. Company 9
- 11.3.10. Company 10
- 11.3.11. Company 11
- 11.3.12. Company 12
- 11.3.13. Company 13List of Figures
- 11.3.1. Company 1
Research Process
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
