Hair Restoration Services Market by Treatment (Laser Treatment, Medicinal Treatment, Surgical Treatment), Service Provider (Clinics, Hospitals, Surgical Centers), Gender - Global Forecast 2024-2030

Hair Restoration Services Market by Treatment (Laser Treatment, Medicinal Treatment, Surgical Treatment), Service Provider (Clinics, Hospitals, Surgical Centers), Gender - Global Forecast 2024-2030

The Hair Restoration Services Market size was estimated at USD 10.81 billion in 2023 and expected to reach USD 11.50 billion in 2024, at a CAGR 6.39% to reach USD 16.69 billion by 2030.

The hair restoration services encompass a broad range of treatments and procedures aimed at addressing various hair loss conditions and promoting hair growth. These services include surgical procedures such as hair transplantation, follicular unit extraction (FUE), and follicular unit strip surgery (FUSS), as well as non-surgical treatments including laser therapy, platelet-rich plasma therapy (PRP), scalp micro pigmentation, and topical medications. The increasing prevalence of pattern baldness and hair thinning among men and women globally is expanding the usage of hair restoration services. Rising awareness about available treatments among consumers for hair loss is fueling the adoption of various hair restoration services. High costs of treatments and potential risks associated with surgical procedures hamper market growth. Additionally, rising continuous innovation in hair restoration techniques and equipment is expected to propel market growth by offering better, safer, and more efficient solutions.

Regional Insights

Americas represents a continuously innovative and growing landscape for the hair restoration market due to rising awareness associated with hair treatments, increasing research and innovative development of novel hair restoration treatments, and the presence of major market players. The growing prevalence of baldness among men in Europe is expected to expand the usage of hair restoration services in Europe. According to the American Hair Loss Society, male pattern baldness is responsible for about 95% of all hair loss in men. According to the NHS, female pattern hair loss affects 30% of women by the age of 70. In Asia-Pacific, consumers are strongly beauty-conscious and spend large amounts on cosmetic and beauty products. Professional hair care services have great demand in Asia-Pacific owing to the shift in consumers’ interest in celebrity fashion trends. Imitating K-pop celebrities’ styles and adopting their preferred products has been a major trend in South Korea. Consumers prefer professional hair restoration services to regulate hair and scalp-related problems such as hair loss, itchy scalp, and hair damage, thereby expanding the market growth in Asia-Pacific.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Hair Restoration Services Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

Increasing stress, malabsorption of nutrients, and increasing pollution levels leading to hair loss issue
Rising importance of physical appearance and rising baldness in men due to alopecia
Increase in celebrity and social media influence

Market Restraints

High cost of treatment and no guaranteed results

Market Opportunities

Proliferation of Follicular Unit Extraction (FUE) and Follicular Unit Transplantation (FUT) treatment
Technological advancement such as stem cell therapy and light and laser therapy

Market Challenges

Increasing risks of infection, bleeding, scarring, and numbness

Market Segmentation Analysis

Treatment: Growing usage of laser treatment to stimulate hair follicles' growth by increasing blood flow
Service Provider: Expanding the availability of dedicated hair restoration services by clinics
Gender: Growing adoption of hair restoration services by women to natural appearance

Market Disruption Analysis

Porter’s Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Hair Restoration Services Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Hair Restoration Services Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Strategic Collaboration in Hair Restoration: Aderans and U.S. Startup Forge New Pathways

Aderans, a Japanese hair restoration company, recently entered into a strategic partnership with HairClone, a U.S.-based biotech firm specializing in innovative hair loss solutions. This collaboration aims to harness HairClone's pioneering technology, which involves cloning a patient’s hair follicles and reimplanting them to promote hair growth.

DHI International Introduces Activa Regenera for Advanced Hair Restoration

DHI International recently unveiled a new, cutting-edge hair restoration treatment known as Activa Regenera. This innovative therapy is designed to combat various forms of hair loss by utilizing patented technology that revitalizes hair follicles and promotes regrowth. The treatment involves extracting healthy cells from the patient's own blood, which are then processed and injected into the scalp to stimulate natural hair regeneration.

DHI International Inaugurates New Hair Transplant Clinic in Noida

DHI International, expanding its reach with the launched a new clinic in Noida. This cutting-edge facility aims to offer top-notch solutions for individuals grappling with hair loss issues. At clinic, DHI International provide advanced treatments that adhere to the highest standards of care, ensuring optimal results for our patients.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Hair Restoration Services Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Hair Restoration Services Market, highlighting leading vendors and their innovative profiles. These include Advanced Grohair Clinic, Advanced Hair Restoration, AlviArmani, Anderson Center for Hair, Apollo Hospitals Enterprise Ltd., Austin Hair Restoration Clinic, AZ Hair Restoration Inc., Bernstein Medical, Beverly Hills Hair Restoration, Bosley Inc., Captial Hair Restoration Ltd., Care Well Medical Centre, DHI Medical Group by Silvermaple Healthcare Services Private Limited, Dr. Yates Hair Science, Elite Hair Restoration Ltd., Este Medical Group Limited, Hair Club for Men, Ltd., Inc., HairPalace Hair Transplant, HHC Clinics, KSL Clinic, Los Angeles FUE Hair Transplant Clinic, Medicover AB, National Hair Centers, The Cole Clinic, and Wimpole Clinic Limited.

Market Segmentation & Coverage

This research report categorizes the Hair Restoration Services Market to forecast the revenues and analyze trends in each of the following sub-markets:

Treatment
Laser Treatment
Medicinal Treatment
Surgical Treatment
Follicular Unit Extraction
Follicular Unit Strip Surgery
Follicular Unit Transplantation
Service Provider
Clinics
Hospitals
Surgical Centers
Gender
Female
Male
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year