The Hair Transplant Market size is expected to reach USD 31.89 Bn by 2031 and was valued at USD 7.12 Bn in 2023, the market will be growing at a CAGR of 20.6% during the forecast period of 2024-2031.
In a hair transplant operation, hair follicles are transferred from one area of the body—typically the back or sides of the scalp—to an area where hair is thinning or balding—usually the top or front of the scalp. Although it can also be used to treat other types of hair loss and restore hair in women, this method is mostly used to treat male pattern baldness.
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There are two primary approaches of hair transplantation:
Transplantation of Follicular Units (FUT) -A strip of scalp with healthy hair follicles is surgically removed from the donor area, which is often the back of the head, during a FUT operation. Under a microscope, the strip is then divided into individual hair grafts. Tiny slits or incisions are made in the recipient area (the balding or thinning area) to prepare it for the grafts. Following the density and pattern of the recipient area's natural hair, each individual graft is placed there with care. FUE: Follicular Unit Extraction
In comparison to FUT, FUE is a more sophisticated and minimally invasive procedure. Individual hair follicles are taken from the donor area using a specialised tool, rather than a strip of scalp being removed. The remainder of the surgery is comparable to FUT, including graft dissection and placement. The choice of procedure relies on a number of elements, including the patient's hair type, the degree of hair loss, and the surgeon's experience. Both FUT and FUE offer benefits and drawbacks.
The patient's donor area hair is cut to the proper length the day of the procedure. To make the process painless, local anaesthesia is used to the donor and recipient sites. FUT involves the removal of a strip of scalp, whereas FUE involves the extraction of individual follicles. To avoid causing the follicles any harm, this process needs to be done with care and precision. The harvested grafts from both FUT and FUE are meticulously divided into separate pieces under a microscope. Small slits or incisions are produced in the recipient area, corresponding to the natural hair pattern. For the result to look natural, these incisions' angle, direction, and density are essential.
Driver
Rising cases of hair losses
The main reason why most people seek out hair transplant operations is hair thinning or loss. Many people lose their hair gradually or significantly as a result of things including heredity, ageing, hormonal changes, illnesses, or specific treatments. Procedures for hair transplantation present a possibility for reestablishing hair density in regions where it has been lost.
Restrain
Hair transplant surgery may not be an option for patients with specific medical concerns, bleeding issues, or healing problems.
Challenge
Surgery for hair transplantation does not stop additional hair loss in untreated regions. To maintain constant hair density throughout time, additional operations could be required.
Opportunity
The advancement in the technology
With the development of hair transplant methods, particularly Follicular Unit Extraction (FUE), the operation has become more appealing to patients looking for little scarring, quick recovery durations, and finer graft placement. People who have stable donor areas—areas where hair is not prone to thinning—as well as the proper hair and skin qualities are often good candidates for hair transplant treatments. Determine your candidature with the aid of a consultation with a hair transplant surgeon.
Impact of recession
During a recession, many people see a decline in their discretionary income as a result of job losses, reduced working hours, or pay cuts. As a result, they might think twice before spending money on luxuries like hair transplant surgeries. Some people could think about visiting other nations for less expensive hair transplant operations. Travel restrictions, unstable economic conditions, and worries about health and safety could, however, make medical tourism less appealing during a recession. People may reevaluate their priorities as a result of the recession. Procedures for hair transplants may be put on hold in favour of more pressing issues like making ends meet, handling debt, or sustaining a minimal level of living.
Healthcare services and systems can be affected negatively by geopolitical conflicts in the affected areas. The handling of emergency and trauma cases connected to the conflict may require hospitals and medical facilities to divert their attention, which could cause delays or cancellations of elective treatments like hair transplants. In times of conflict, resources, such as manpower, equipment, and medical supplies, may be redirected to meet immediate requirements. This might lead to shortages or restrictions on the ability to execute unnecessary medical operations. Geopolitical conflicts may result in travel restrictions and security worries, which may limit the ability of patients to travel for medical operations. International patients seeking hair transplant procedures in areas directly or indirectly impacted by the conflict may be impacted by this.
By Procedure
Follicular Unit Transplantation
Follicular Unit Extraction
Combination of FUT & FUE
Others
By Gender
Female
Male
By Service Provider
Hospitals
Dermatology Clinics
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North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
The major key players are Hairline International Hair and Skin Clinic, Hair Doc, Medical Hair Transplants & Aesthetics, Hair Restoration BlackRockHRBR, SPRINGS Hair Restoration, Hermest Hair Clinic, Venus Concept, GETFUE Hair Clinics Ltd, Vinci hair clinic, Bosley and others.
Regional Analysis
Procedures for hair transplantation were well-established and often used in nations like the United States and Canada. The popularity of hair transplants in the area was influenced by the accessibility of cutting-edge methods like Follicular Unit Extraction (FUE). a competitive market where a variety of skilled doctors and clinics performs the operation.
Europe: In Europe, hair transplant surgeries were becoming more and more common; popular locations included Turkey, Spain, and the United Kingdom. Due to a mix of expert surgeons and relatively inexpensive prices, Turkey in particular had become a centre for medical tourism for hair transplants.
| Report Attributes | Details |
| Market Size in 2023 | US$ 7.12 Bn |
| Market Size by 2031 | US$ 31.89 Bn |
| CAGR | CAGR of 20.6 % From 2024 to 2031 |
| Base Year | 2023 |
| Forecast Period | 2024-2031 |
| Historical Data | 2020-2022 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Procedure (Follicular Unit Transplantation, Follicular Unit Extraction, Combination of FUT & FUE, Others) • By Gender (Female, Male) • By Service Provider (Hospitals, Dermatology Clinics) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]). Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Hairline International Hair and Skin Clinic, Hair Doc, Medical Hair Transplants & Aesthetics, Hair Restoration BlackRockHRBR, SPRINGS Hair Restoration, Hermest Hair Clinic, Venus Concept, GETFUE Hair Clinics Ltd, Vinci hair clinic, Bosley |
| Key Drivers | • Rising cases of hair losses |
| Market Restraints | • Hair transplant surgery may not be an option for patients with specific medical concerns, bleeding issues, or healing problems. |
Ans: The Hair Transplant Market is expected to grow at a CAGR of 20.6 %.
Ans: The Hair Transplant Market size is expected to reach USD 31.89 Bn by 2031 and was valued at USD 7.12 Bn in 2023, the market will be growing at a CAGR of 20.6% during the forecast period of 2024-2031
Ans: Rising cases of hair losses
Ans: Hair transplant surgery may not be an option for patients with specific medical concerns, bleeding issues, or healing problems.
Ans: North America overtook other regional markets as the largest market for Hair Transplant, with the highest revenue share.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Industry Flowchart
3. Research Methodology
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.3 Opportunities
4.4 Challenges
5. Impact Analysis
5.1 Impact of Russia-Ukraine Crisis
5.2 Impact of Economic Slowdown on Major Countries
5.2.1 Introduction
5.2.2 United States
5.2.3 Canada
5.2.4 Germany
5.2.5 France
5.2.6 UK
5.2.7 China
5.2.8 Japan
5.2.9 South Korea
5.2.10 India
6. Value Chain Analysis
7. Porter’s 5 Forces Model
8. Pest Analysis
9. Hair Transplant Market Segmentation, By Procedure
9.1 Introduction
9.3 Follicular Unit Transplantation
9.4 Follicular Unit Extraction
9.5 Combination of FUT & FUE
10. Hair Transplant Market Segmentation, By Gender
10.2Trend Analysis
10.3Female
10.4 Male
11. Hair Transplant Market Segmentation, By Service Provider
11.1 Introduction
11.3 Hospitals
11.4 Dermatology Clinics
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 Trend Analysis
12.2.2 North America Hair Transplant Market by Country
12.2.3 North America Hair Transplant Market By Procedure
12.2.4 North America Hair Transplant Market By Gender
12.2.5 North America Hair Transplant Market By Service Provider
12.2.6 USA
12.2.6.1 USA Hair Transplant Market By Procedure
12.2.6.2 USA Hair Transplant Market By Gender
12.2.6.3 USA Hair Transplant Market By Service Provider
12.2.7 Canada
12.2.7.1 Canada Hair Transplant Market By Procedure
12.2.7.2 Canada Hair Transplant Market By Gender
12.2.7.3 Canada Hair Transplant Market By Service Provider
12.2.8 Mexico
12.2.8.1 Mexico Hair Transplant Market By Procedure
12.2.8.2 Mexico Hair Transplant Market By Gender
12.2.8.3 Mexico Hair Transplant Market By Service Provider
12.3 Europe
12.3.1 Trend Analysis
12.3.2 Eastern Europe
12.3.2.1 Eastern Europe Hair Transplant Market by Country
12.3.2.2 Eastern Europe Hair Transplant Market By Procedure
12.3.2.3 Eastern Europe Hair Transplant Market By Gender
12.3.2.4 Eastern Europe Hair Transplant Market By Service Provider
12.3.2.5 Poland
12.3.2.5.1 Poland Hair Transplant Market By Procedure
12.3.2.5.2 Poland Hair Transplant Market By Gender
12.3.2.5.3 Poland Hair Transplant Market By Service Provider
12.3.2.6 Romania
12.3.2.6.1 Romania Hair Transplant Market By Procedure
12.3.2.6.2 Romania Hair Transplant Market By Gender
12.3.2.6.4 Romania Hair Transplant Market By Service Provider
12.3.2.7 Hungary
12.3.2.7.1 Hungary Hair Transplant Market By Procedure
12.3.2.7.2 Hungary Hair Transplant Market By Gender
12.3.2.7.3 Hungary Hair Transplant Market By Service Provider
12.3.2.8 Turkey
12.3.2.8.1 Turkey Hair Transplant Market By Procedure
12.3.2.8.2 Turkey Hair Transplant Market By Gender
12.3.2.8.3 Turkey Hair Transplant Market By Service Provider
12.3.2.9 Rest of Eastern Europe
12.3.2.9.1 Rest of Eastern Europe Hair Transplant Market By Procedure
12.3.2.9.2 Rest of Eastern Europe Hair Transplant Market By Gender
12.3.2.9.3 Rest of Eastern Europe Hair Transplant Market By Service Provider
12.3.3 Western Europe
12.3.3.1 Western Europe Hair Transplant Market by Country
12.3.3.2 Western Europe Hair Transplant Market By Procedure
12.3.3.3 Western Europe Hair Transplant Market By Gender
12.3.3.4 Western Europe Hair Transplant Market By Service Provider
12.3.3.5 Germany
12.3.3.5.1 Germany Hair Transplant Market By Procedure
12.3.3.5.2 Germany Hair Transplant Market By Gender
12.3.3.5.3 Germany Hair Transplant Market By Service Provider
12.3.3.6 France
12.3.3.6.1 France Hair Transplant Market By Procedure
12.3.3.6.2 France Hair Transplant Market By Gender
12.3.3.6.3 France Hair Transplant Market By Service Provider
12.3.3.7 UK
12.3.3.7.1 UK Hair Transplant Market By Procedure
12.3.3.7.2 UK Hair Transplant Market By Gender
12.3.3.7.3 UK Hair Transplant Market By Service Provider
12.3.3.8 Italy
12.3.3.8.1 Italy Hair Transplant Market By Procedure
12.3.3.8.2 Italy Hair Transplant Market By Gender
12.3.3.8.3 Italy Hair Transplant Market By Service Provider
12.3.3.9 Spain
12.3.3.9.1 Spain Hair Transplant Market By Procedure
12.3.3.9.2 Spain Hair Transplant Market By Gender
12.3.3.9.3 Spain Hair Transplant Market By Service Provider
12.3.3.10 Netherlands
12.3.3.10.1 Netherlands Hair Transplant Market By Procedure
12.3.3.10.2 Netherlands Hair Transplant Market By Gender
12.3.3.10.3 Netherlands Hair Transplant Market By Service Provider
12.3.3.11 Switzerland
12.3.3.11.1 Switzerland Hair Transplant Market By Procedure
12.3.3.11.2 Switzerland Hair Transplant Market By Gender
12.3.3.11.3 Switzerland Hair Transplant Market By Service Provider
12.3.3.1.12 Austria
12.3.3.12.1 Austria Hair Transplant Market By Procedure
12.3.3.12.2 Austria Hair Transplant Market By Gender
12.3.3.12.3 Austria Hair Transplant Market By Service Provider
12.3.3.13 Rest of Western Europe
12.3.3.13.1 Rest of Western Europe Hair Transplant Market By Procedure
12.3.3.13.2 Rest of Western Europe Hair Transplant Market By Gender
12.3.3.13.3 Rest of Western Europe Hair Transplant Market By Service Provider
12.4 Asia-Pacific
12.4.1 Trend Analysis
12.4.2 Asia-Pacific Hair Transplant Market by Country
12.4.3 Asia-Pacific Hair Transplant Market By Procedure
12.4.4 Asia-Pacific Hair Transplant Market By Gender
12.4.5 Asia-Pacific Hair Transplant Market By Service Provider
12.4.6 China
12.4.6.1 China Hair Transplant Market By Procedure
12.4.6.2 China Hair Transplant Market By Gender
12.4.6.3 China Hair Transplant Market By Service Provider
12.4.7 India
12.4.7.1 India Hair Transplant Market By Procedure
12.4.7.2 India Hair Transplant Market By Gender
12.4.7.3 India Hair Transplant Market By Service Provider
12.4.8 Japan
12.4.8.1 Japan Hair Transplant Market By Procedure
12.4.8.2 Japan Hair Transplant Market By Gender
12.4.8.3 Japan Hair Transplant Market By Service Provider
12.4.9 South Korea
12.4.9.1 South Korea Hair Transplant Market By Procedure
12.4.9.2 South Korea Hair Transplant Market By Gender
12.4.9.3 South Korea Hair Transplant Market By Service Provider
12.4.10 Vietnam
12.4.10.1 Vietnam Hair Transplant Market By Procedure
12.4.10.2 Vietnam Hair Transplant Market By Gender
12.4.10.3 Vietnam Hair Transplant Market By Service Provider
12.4.11 Singapore
12.4.11.1 Singapore Hair Transplant Market By Procedure
12.4.11.2 Singapore Hair Transplant Market By Gender
12.4.11.3 Singapore Hair Transplant Market By Service Provider
12.4.12 Australia
12.4.12.1 Australia Hair Transplant Market By Procedure
12.4.12.2 Australia Hair Transplant Market By Gender
12.4.12.3 Australia Hair Transplant Market By Service Provider
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific Hair Transplant Market By Procedure
12.4.13.2 Rest of Asia-Pacific Hair Transplant Market By Gender
12.4.13.3 Rest of Asia-Pacific Hair Transplant Market By Service Provider
12.5 Middle East & Africa
12.5.1 Trend Analysis
12.5.2 Middle East
12.5.2.1 Middle East Hair Transplant Market by Country
12.5.2.2 Middle East Hair Transplant Market By Procedure
12.5.2.3 Middle East Hair Transplant Market By Gender
12.5.2.4 Middle East Hair Transplant Market By Service Provider
12.5.2.5 UAE
12.5.2.5.1 UAE Hair Transplant Market By Procedure
12.5.2.5.2 UAE Hair Transplant Market By Gender
12.5.2.5.3 UAE Hair Transplant Market By Service Provider
12.5.2.6 Egypt
12.5.2.6.1 Egypt Hair Transplant Market By Procedure
12.5.2.6.2 Egypt Hair Transplant Market By Gender
12.5.2.6.3 Egypt Hair Transplant Market By Service Provider
12.5.2.7 Saudi Arabia
12.5.2.7.1 Saudi Arabia Hair Transplant Market By Procedure
12.5.2.7.2 Saudi Arabia Hair Transplant Market By Gender
12.5.2.7.3 Saudi Arabia Hair Transplant Market By Service Provider
12.5.2.8 Qatar
12.5.2.8.1 Qatar Hair Transplant Market By Procedure
12.5.2.8.2 Qatar Hair Transplant Market By Gender
12.5.2.8.3 Qatar Hair Transplant Market By Service Provider
12.5.2.9 Rest of Middle East
12.5.2.9.1 Rest of Middle East Hair Transplant Market By Procedure
12.5.2.9.2 Rest of Middle East Hair Transplant Market By Gender
12.5.2.9.3 Rest of Middle East Hair Transplant Market By Service Provider
12.5.3 Africa
12.5.3.1 Africa Hair Transplant Market by Country
12.5.3.2 Africa Hair Transplant Market By Procedure
12.5.3.3 Africa Hair Transplant Market By Gender
12.5.3.4 Africa Hair Transplant Market By Service Provider
12.5.3.5 Nigeria
12.5.3.5.1 Nigeria Hair Transplant Market By Procedure
12.5.3.5.2 Nigeria Hair Transplant Market By Gender
12.5.3.5.3 Nigeria Hair Transplant Market By Service Provider
12.5.3.6 South Africa
12.5.3.6.1 South Africa Hair Transplant Market By Procedure
12.5.3.6.2 South Africa Hair Transplant Market By Gender
12.5.3.6.3 South Africa Hair Transplant Market By Service Provider
12.5.3.7 Rest of Africa
12.5.3.7.1 Rest of Africa Hair Transplant Market By Procedure
12.5.3.7.2 Rest of Africa Hair Transplant Market By Gender
12.5.3.7.3 Rest of Africa Hair Transplant Market By Service Provider
12.6 Latin America
12.6.1 Trend Analysis
12.6.2 Latin America Hair Transplant Market by country
12.6.3 Latin America Hair Transplant Market By Procedure
12.6.4 Latin America Hair Transplant Market By Gender
12.6.5 Latin America Hair Transplant Market By Service Provider
12.6.6 Brazil
12.6.6.1 Brazil Hair Transplant Market By Procedure
12.6.6.2 Brazil Hair Transplant Market By Gender
12.6.6.3 Brazil Hair Transplant Market By Service Provider
12.6.7 Argentina
12.6.7.1 Argentina Hair Transplant Market By Procedure
12.6.7.2 Argentina Hair Transplant Market By Gender
12.6.7.3 Argentina Hair Transplant Market By Service Provider
12.6.8 Colombia
12.6.8.1 Colombia Hair Transplant Market By Procedure
12.6.8.2 Colombia Hair Transplant Market By Gender
12.6.8.3 Colombia Hair Transplant Market By Service Provider
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America Hair Transplant Market By Procedure
12.6.9.2 Rest of Latin America Hair Transplant Market By Gender
12.6.9.3 Rest of Latin America Hair Transplant Market By Service Provider
13. Company Profiles
13.1 Hairline International Hair and Skin Clinic
13.1.1 Company Overview
13.1.2 Financial
13.1.3 Procedures/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Hair Doc
13.2.1 Company Overview
13.2.2 Financial
13.2.3 Procedures/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Medical Hair Transplants & Aesthetics
13.3.1 Company Overview
13.3.2 Financial
13.3.3 Procedures/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Hair Restoration BlackRockHRBR
13.4.1 Company Overview
13.4.2 Financial
13.4.3 Procedures/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 SPRINGS Hair Restoration
13.5.1 Company Overview
13.5.2 Financial
13.5.3 Procedures/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Hermest Hair Clinic
13.6.1 Company Overview
13.6.2 Financial
13.6.3 Procedures/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Venus Concept
13.7.1 Company Overview
13.7.2 Financial
13.7.3 Procedures/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8.1 Company Overview
13.8.2 Financial
13.8.3 Procedures/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Vinci hair clinic
13.9.1 Company Overview
13.9.2 Financial
13.9.3 Procedures/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 Bosley
13.10.1 Company Overview
13.10.2 Financial
13.10.3 Procedures/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. Use Case and Best Practices
16. Conclusion
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