GLOBAL HAIR TRANSPLANT SYSTEM MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Hair transplant is a surgical procedure that involves transplantation of hair follicles to the balding scalp. There are two main types of hair transplant systems used - Follicular unit transplantation (FUT) and follicular unit extraction (FUE).

In FUT surgery, a strip of skin containing hair follicles is surgically removed from the back of scalp where hair growth is permanent. The strip is then dissected under a microscope into follicular units, which contain 1 to 4 hairs each. Follicular units are then implanted into tiny incisions created by a punch tool in the balding areas of the scalp. FUT allows transplantation of a large number of follicular units in a single session, making it faster. However, it leaves a linear scar on the back of the scalp.

FUE involves extraction of hair follicles one by one directly from the donor areas using a punch tool with a diameter of 0.6 to 0.9 mm. The follicles are patiently extracted along with a small amount of surrounding tissue and immediately transplanted to create micro-slots in the balding recipient areas. FUE does not leave any strip scar. However, the process is slow and expensive since it is done follicle by follicle. It also has higher chances of graft damage during extraction and implantation making the success rate slightly lower than FUT. Both FUT and FUE can effectively restore hair and have their own set of advantages and limitations depending on the balding level and graft requirement.

 Market Dynamics:

Increasing prevalence of alopecia globally will aid in the market growth over the forecast period. For instance, according to the data published by the National Alopecia Areata Foundation in 2023, about 2% of people across the world will experience alopecia areata at some point in their lifetime.

Key features of the study:

• This report provides in-depth analysis of the global hair transplant systems market, and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 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 hair transplant systems 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 Venus Concept Inc., NeoGraft, Medicamat, Adarsh Surgical Works, Zavi B.V., ERTIP, and Cole Instruments Inc.
• 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 hair transplant systems 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 hair transplant systems market

Detailed Segmentation:

• Global hair transplant systems market, By Product Type
  • Robotic Hair Transplant System
  • Handheld Devices
• Global hair transplant systems market, By Procedure Type
  • Follicular Unit Transplantation (FUT)
  • Follicular Unit Extraction (FUE)
  • Robotic Hair Transplant
• Global hair transplant systems market, By Gender
  • Male
  • Female
• Global hair transplant systems market, By End User
  • Hospital & Clinics
  • Dermatology Clinics
  • Others (Plastic Surgery Clinics)
• Global hair transplant systems market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America
• Top Companies in the Global hair transplant systems market:
  • Venus Concept Inc.
  • NeoGraft
  • Medicamat
  • Adarsh Surgical Works
  • Zavi B.V.
  • ERTIP
  • Cole Instruments Inc.