Prescription Hair Loss and Hair Removal Drugs Market, By Drug Type (Hair Loss Medications, Oral Contraceptive Pills, Hair Removal Medications), By Gender (Male and Female), By Application (Chronic Hair Loss and Acute Hair Loss), By Route of Administration

Prescription Hair Loss and Hair Removal Drugs Market, By Drug Type (Hair Loss Medications, Oral Contraceptive Pills, Hair Removal Medications), By Gender (Male and Female), By Application (Chronic Hair Loss and Acute Hair Loss), By Route of Administration (Topical, Oral, Injectable), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Prescription hair loss refers to the loss of hair from the scalp or other parts of the body that occurs due to aging, hormonal changes, medical conditions, stress or genetic predisposition. Global prescription hair loss and hair removal drugs market growth is driven primarily by rising geriatric population who are more prone to hair fall issues. Furthermore, easy availability of generic drugs coupled with growing consumer awareness about various treatment options for hair loss can also drive the market growth. However, side effects associated with prolonged usage of these drugs and availability of alternative treatments can pose challenges to industry players.

Market Dynamics:

Global prescription hair loss and hair removal drugs market growth is driven by factors like rising prevalence of alopecia areata, androgenic alopecia and other medical conditions causing hair loss. Growing geriatric population who are at an increased risk of suffering from hair thinning and balding can also drive the market growth. Rising R&D activities leading to new product launches catering to gender-specific hair loss issues plays a crucial role. However, factors such as availability of alternative hair loss treatments including hair transplant surgery, wigs and hair extensions can hamper the market growth. Moreover, side effects associated with long term use of hair loss drugs such as sexual side effects, depression and heart issues can hamper the market growth. Emerging markets in Asia Pacific and Latin America present lucrative opportunities for product penetration.

Key features of the study:

This report provides in-depth analysis of the global prescription hair loss and hair removal drugs market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global prescription hair loss and hair removal drugs market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include Merck, Johnson & Johnson, Procter & Gamble, L'Oréal, Unilever, Taisho Pharmaceuticals, Rohto Pharmaceutical, Shiseido, and Lifes2Good

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global prescription hair loss and hair removal drugs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global prescription hair loss and hair removal drugs market

Detailed Segmentation-

By Drug Type Insights (Revenue, USD Bn, 2019 - 2031)

Hair Loss Medications

Oral Contraceptive Pills

Hair Removal Medications

By Gender Insights (Revenue, USD Bn, 2019 - 2031)

Male

Female

By Application Insights (Revenue, USD Bn, 2019 - 2031)

Chronic Hair Loss

Acute Hair Loss

By Route of Administration Insights (Revenue, USD Bn, 2019 - 2031)

Topical

Oral

Injectable

By Distribution Channel Insights (Revenue, USD Bn, 2019 - 2031)

Hospital pharmacies

Retail pharmacies

Online pharmacies

By Regional Insights (Revenue, USD Bn 2019 - 2031)

North America

U.S.

Canada

Latin America

Brazil

Argentina

Mexico

Rest of Latin America

Europe

Germany

U.K.

Spain

France

Italy

Russia

Rest of Europe

Asia Pacific

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

GCC Countries

Israel

Rest of Middle East

Africa

South Africa

North Africa

Central Africa

Key Players Insights

Pfizer Inc.

Merck & Co., Inc.

Johnson & Johnson

Bausch Health Companies Inc.

L'Oreal S.A.

Galderma S.A.

Revivogen

Hims, Inc.

Evolus, Inc.

Aclaris Therapeutics, Inc.

Amgen Inc.

Sientra, Inc.

Reddy's Laboratories Ltd.

Boehringer Ingelheim

Bristol-Myers Squibb

Sun Pharmaceutical Industries Ltd.

Cipla Limited

Mylan N.V.

Zynerba Pharmaceuticals, Inc.

Apex Therapeutics, LLC