Hair Transplant Services Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Growing Demand and Technological Advancements Drive Market Growth

The global hair transplant services market is witnessing a surge in demand, and one procedure, in particular, is leading the way. Among the various transplant procedures available, Follicular Unit Strip Surgery (FUSS) has emerged as the preferred choice, outpacing other methods in the market.

Procedure Breakdown

The global hair transplant services market is segmented into three major transplant procedures: scalp reduction, follicular unit strip surgery (FUSS), and follicular unit extraction (FUE).

In the case of Follicular Unit Strip Surgery (FUSS), a large strip of hair follicles is extracted from the donor tissue on the back of the head or scalp, specifically the occipital area. These follicles are then trimmed into individual follicular unit grafts and re-implanted in the area where hair is needed.

On the other hand, Follicular Unit Extraction (FUE) involves manually collecting grafts from the donor area using punches and re-implanting them in the recipient area. This method allows for the direct removal of each follicular unit graft from the back of the scalp without the need to remove a strip of tissue. FUE is known for being a painless method, free from stitches or cuts, permanent visible scarring, or unnecessary discomfort.

Scalp reduction, a method used primarily in severe alopecia cases or traumatic burn conditions, represents a smaller portion of the market.

Market Leadership

Among these procedures, Follicular Unit Strip Surgery (FUSS) takes the lead with an expected market size of over US$ 5,200 Mn by the end of 2025, exhibiting a remarkable compound annual growth rate (CAGR) during the forecast period. Follicular Unit Extraction (FUE) is also expected to witness substantial growth, with a growth rate of 6.2% during the same period. The technology for FUE has evolved significantly since its introduction, leading to substantial improvements in service quality.

Innovations Drive Sales

As consumers increasingly emphasize physical appearance, hair care centers are expanding their offerings in hair transplant services. Advertising strategies employed by these centers vary according to their target audience. Highly specialized hair salons, for instance, often use mediums such as newspapers, magazines, and television for advertisements. Manufacturers, in turn, are focusing on third-party certification to gain customer trust in their brands.

Recognizing the demand for hair loss treatment products, pharmaceutical and cosmetic manufacturers are enhancing their product lines by introducing anti-hair fall products. These manufacturers are also focusing on providing multifunctional hair loss solutions with both functional and active ingredients to meet evolving consumer needs.

Challenges and Concerns

However, the increase in hair transplant procedures has raised concerns about potential side effects. Some hair loss treatment products have been associated with adverse effects. For example, a lawsuit in March 2015 alleged that the hair loss drug Propecia, containing the active ingredient Finasteride, induced serious side effects, including depression and suicidal ideation, leading to legal action against its manufacturer, Merck and Co Inc.

Reports have also linked Propecia to persistent sexual side effects after discontinuation of treatment, as well as cases of prostate cancer and male breast cancer among users. Such reports may have a negative impact on the growth of the global hair transplant services market.

Competitive Analysis:

Some of the prominent players in the global market for hair transplant services are:

Bernstein Medical, P.C.
Bosley Inc.
Medicamat
Hair Transplants of Florida
The Ac?badem Hospitals Group
Limmer Hair Transplant Center
getFUE Hair Clinics Ltd
Hair Transplant Center Turkey
The Hairline Clinic
Others.

Market Segmentation

Based on Procedures

Follicular Unit Strip Surgery (FUSS)
Follicular Unit Extraction (FUE)
Scalp Reduction

Based on End Users

Hospitals
Specialized Clinics
Ambulatory Surgical Centers

Based on Region

North America
Latin America
Europe
Asia-Pacific
Middle East and Africa

1. Executive Summary

1.1. Global Hair Transplant Services Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Hair Transplant Services Market Outlook, 2018 - 2031

3.1. Global Hair Transplant Services Market Outlook, by Procedures, Value (US$ Bn), 2018 - 2031
- 3.1.1. Key Highlights
  - 3.1.1.1. Follicular Unit Strip Surgery (FUSS)
  - 3.1.1.2. Follicular Unit Extraction (FUE)
  - 3.1.1.3. Scalp Reduction
3.2. Global Hair Transplant Services Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 3.2.1. Key Highlights
  - 3.2.1.1. Hospitals
  - 3.2.1.2. Specialized Clinics
  - 3.2.1.3. Ambulatory Surgical Centers
3.3. Global Hair Transplant Services Market Outlook, by Region, Value (US$ Bn), 2018 - 2031
- 3.3.1. Key Highlights
  - 3.3.1.1. North America
  - 3.3.1.2. Europe
  - 3.3.1.3. Asia Pacific
  - 3.3.1.4. Latin America
  - 3.3.1.5. Middle East & Africa

4. North America Hair Transplant Services Market Outlook, 2018 - 2031

4.1. North America Hair Transplant Services Market Outlook, by Procedures, Value (US$ Bn), 2018 - 2031
- 4.1.1. Key Highlights
  - 4.1.1.1. Follicular Unit Strip Surgery (FUSS)
  - 4.1.1.2. Follicular Unit Extraction (FUE)
  - 4.1.1.3. Scalp Reduction
4.2. North America Hair Transplant Services Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 4.2.1. Key Highlights
  - 4.2.1.1. Hospitals
  - 4.2.1.2. Specialized Clinics
  - 4.2.1.3. Ambulatory Surgical Centers
4.3. North America Hair Transplant Services Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 4.3.1. Key Highlights
  - 4.3.1.1. U.S. Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 4.3.1.2. U.S. Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 4.3.1.3. Canada Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 4.3.1.4. Canada Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
- 4.3.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Hair Transplant Services Market Outlook, 2018 - 2031

5.1. Europe Hair Transplant Services Market Outlook, by Procedures, Value (US$ Bn), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Follicular Unit Strip Surgery (FUSS)
  - 5.1.1.2. Follicular Unit Extraction (FUE)
  - 5.1.1.3. Scalp Reduction
5.2. Europe Hair Transplant Services Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Hospitals
  - 5.2.1.2. Specialized Clinics
  - 5.2.1.3. Ambulatory Surgical Centers
5.3. Europe Hair Transplant Services Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Germany Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 5.3.1.2. Germany Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.3. U.K. Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 5.3.1.4. U.K. Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.5. France Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 5.3.1.6. France Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.7. Italy Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 5.3.1.8. Italy Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.9. Turkey Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 5.3.1.10. Turkey Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.11. Russia Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 5.3.1.12. Russia Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 5.3.1.13. Rest of Europe Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 5.3.1.14. Rest of Europe Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
- 5.3.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Hair Transplant Services Market Outlook, 2018 - 2031

6.1. Asia Pacific Hair Transplant Services Market Outlook, by Procedures, Value (US$ Bn), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Follicular Unit Strip Surgery (FUSS)
  - 6.1.1.2. Follicular Unit Extraction (FUE)
  - 6.1.1.3. Scalp Reduction
6.2. Asia Pacific Hair Transplant Services Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Hospitals
  - 6.2.1.2. Specialized Clinics
  - 6.2.1.3. Ambulatory Surgical Centers
6.3. Asia Pacific Hair Transplant Services Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. China Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 6.3.1.2. China Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.3.1.3. Japan Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 6.3.1.4. Japan Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.3.1.5. South Korea Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 6.3.1.6. South Korea Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.3.1.7. India Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 6.3.1.8. India Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.3.1.9. Southeast Asia Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 6.3.1.10. Southeast Asia Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 6.3.1.11. Rest of Asia Pacific Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 6.3.1.12. Rest of Asia Pacific Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
- 6.3.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Hair Transplant Services Market Outlook, 2018 - 2031

7.1. Latin America Hair Transplant Services Market Outlook, by Procedures, Value (US$ Bn), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Follicular Unit Strip Surgery (FUSS)
  - 7.1.1.2. Follicular Unit Extraction (FUE)
  - 7.1.1.3. Scalp Reduction
7.2. Latin America Hair Transplant Services Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Hospitals
  - 7.2.1.2. Specialized Clinics
  - 7.2.1.3. Ambulatory Surgical Centers
7.3. Latin America Hair Transplant Services Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Brazil Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 7.3.1.2. Brazil Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.3.1.3. Mexico Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 7.3.1.4. Mexico Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.3.1.5. Argentina Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 7.3.1.6. Argentina Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 7.3.1.7. Rest of Latin America Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 7.3.1.8. Rest of Latin America Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
- 7.3.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Hair Transplant Services Market Outlook, 2018 - 2031

8.1. Middle East & Africa Hair Transplant Services Market Outlook, by Procedures, Value (US$ Bn), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Follicular Unit Strip Surgery (FUSS)
  - 8.1.1.2. Follicular Unit Extraction (FUE)
  - 8.1.1.3. Scalp Reduction
8.2. Middle East & Africa Hair Transplant Services Market Outlook, by End User, Value (US$ Bn), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Hospitals
  - 8.2.1.2. Specialized Clinics
  - 8.2.1.3. Ambulatory Surgical Centers
8.3. Middle East & Africa Hair Transplant Services Market Outlook, by Country, Value (US$ Bn), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. GCC Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 8.3.1.2. GCC Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.3. South Africa Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 8.3.1.4. South Africa Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.5. Egypt Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 8.3.1.6. Egypt Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.7. Nigeria Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 8.3.1.8. Nigeria Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.9. Nigeria Hair Transplant Services Market End User, Value (US$ Bn), 2018 - 2031
  - 8.3.1.10. Rest of Middle East & Africa Hair Transplant Services Market by Procedures, Value (US$ Bn), 2018 - 2031
  - 8.3.1.11. Rest of Middle East & Africa Hair Transplant Services Market by End User, Value (US$ Bn), 2018 - 2031
- 8.3.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Procedures vs End User Heatmap
9.2. Manufacturer vs End User Heatmap
9.3. Company Market Share Analysis, 2023
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. Bernstein Medical, P.C.
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Procedures Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. Bosley Inc.
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Procedures Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. Medicamat
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Procedures Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. Hair Transplants of Florida
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Procedures Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. The Acibadem Hospitals Group
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Procedures Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. Limmer Hair Transplant Center
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Procedures Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. getFUE Hair Clinics Ltd
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Procedures Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. Hair Transplant Center Turkey
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Procedures Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. The Hairline Clinic
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Procedures Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations