Global Follicular Unit Extraction (FUE) Systems Market by Type (Non-robotic, Robotic), By Application (Transplant, Dermatology, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

                                          

                                                                                       
Market Overview:

The global follicular unit extraction (FUE) systems market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hair transplant surgeries and rising awareness about the benefits of FUE systems over traditional hair transplant surgeries. In addition, technological advancements in FUE systems are also contributing to the growth of this market. The global follicular unit extraction (FUE) systems market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into non-robotic and robotic FUE systems.



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Product Definition:

Follicular Unit Extraction (FUE) Systems are tools used to remove individual follicles from the donor area of the scalp for hair transplantation. FUE is a minimally invasive procedure that does not require stitches or staples, which can leave behind visible scars. FUE is often preferred over traditional hair transplants because it does not require a large incision, and it leaves no linear scarring on the back of the head.

Non-robotic:

Non-robotic, it's usage and growth factor in Follicular Unit Extraction (FUE) Systems market is expected to grow at a significant rate over the forecast period. The key drivers of this market are increasing demand for hair transplant procedures and rising awareness about the advantages of non-robotic devices. Hair loss is one of the most common concerns among men globally, with an estimated 50 million individuals suffering from some form of alopecia worldwide.

Robotic:

The robotic system is used for hair transplant procedures. It's main function is to hold the hair trimmers or scissors and move them to different locations where they are needed, thereby enabling the surgeon to extract single units of hair from the scalp. The extraction process can be done very quickly and with high precision owing to robotic control systems which enables a higher success rate of around 95% in FUE procedures as compared with traditional methods.

Application Insights:

On the basis of application, the global market has been segmented into transplantation, dermatology and others. The transplantation segment held a major share in 2017 due to increasing number of hair restoration procedures being performed worldwide. In addition, growing adoption of FUE for grafting as well as for non-grafting applications is expected to drive demand over the forecast period.

The dermatology segment is anticipated to witness significant growth over the forecast period owing to rising awareness about various skin conditions and its treatment options among consumers globally coupled with an increase in number of cosmetic surgeries being performed on a regular basis.

Regional Analysis:

North America dominated the global market in 2017 owing to the increasing number of cosmetic and reconstructive surgeries, rising adoption of technologically advanced products, and high disposable income. The region is expected to maintain its dominance over the forecast period due to an increase in demand for hair transplantation procedures.

Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to a rise in aging population with aesthetic concerns coupled with growing medical tourism industry especially for hair restoration surgery. Latin America also presents significant growth opportunities due to an increase in per capita income and awareness about available treatments among individuals seeking cosmetic improvementment such as FUE procedure for non-surgical beard removal or reduction/abolition of Hair loss (LH). Moreover, government support through tax benefits may boost regional market development over the next eight years.

Growth Factors:

Increasing demand for minimally invasive surgeries: FUE systems offer a less invasive alternative to traditional hair transplant surgeries, which is driving their demand.
Growing awareness about the benefits of FUE systems: The growing awareness about the benefits of FUE systems is propelling their adoption among patients and surgeons alike.
Rising popularity of hair restoration procedures: The increasing popularity of hair restoration procedures is fueling the growth of the FUE systems market.
Technological advancements in FUE systems: Ongoing technological advancements in FUE systems are helping to improve their efficacy and safety, thereby boosting their uptake.


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Scope Of The Report
Report Attributes
Report Details
Report Title
Follicular Unit Extraction (FUE) Systems Market Research Report
By Type
Non-robotic, Robotic
By Application
Transplant, Dermatology, Others
By Companies
HSC Development, INFUEZ, Restoration Robotics, Venus Concept, Vision Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
127
Number of Tables & Figures
89
Customization Available
Yes, the report can be customized as per your need.

Global Follicular Unit Extraction (FUE) Systems Market Report Segments:
The global Follicular Unit Extraction (FUE) Systems market is segmented on the basis of:
Types
Non-robotic, Robotic
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Transplant, Dermatology, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
HSC Development
INFUEZ
Restoration Robotics
Venus Concept
Vision Medical



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Highlights of The Follicular Unit Extraction (FUE) Systems Market Report:
The market structure and projections for the coming years.
Drivers, restraints, opportunities, and current trends of market.
Historical data and forecast.
Estimations for the forecast period 2030.
Developments and trends in the market.
By Type:
Non-robotic
Robotic
By Application:
Transplant
Dermatology
Others
Market scenario by region, sub-region, and country.
Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Follicular Unit Extraction (FUE) Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
North America
Europe
Asia Pacific
Middle East & Africa
Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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Correctly Positioning New Products
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Consumer Insights
Understanding Competition Scenario
Product & Brand Management
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8 Reasons to Buy This Report
Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
Implemented Robust Methodology to Prepare the Report
Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
Provides Information About the Top-winning Strategies Implemented by Industry Players.
In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
Customization of the Report Available

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