Market Overview:
The global hair loss and growth devices market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The market growth can be attributed to factors such as increasing prevalence of hair loss, growing awareness about available treatment options, and technological advancements in the field of hair restoration therapies. Based on type, the global hair loss and growth devices market is segmented into lasers, LED light therapy devices, and other types. Lasers are further sub-segmented into diode lasers and Nd:YAG lasers. LED light therapy devices are further sub-segmented into broadband light therapy (BBL) devices and intense pulsed light (IPL) therapy devices. Other types include microwave energy device, scalp cooling device etc. Homecare applications are further sub-segmentedinto personal useand professional use segments . Hairloss treatment clinic applications are further sub-segmentedin medical clinicsand beauty clinics segments . Some of the key players operating in this market include LumaGro Corporation(U.S.), Capillus LLC.(U.S.), LaserCap Company LLC.(U.S.
Product Definition:
A hair loss and growth device is a tool used to improve the health of the scalp and hair. They can be used to increase blood circulation, stimulate hair growth, or help treat conditions that lead to hair loss.
Lasers:
Laser is a device that produces light for the treatment of hair loss and other skin conditions. The laser operates by using molecular vibrations or electronic oscillations at a specific wavelength to destroy targeted cells. These wavelengths are selected depending on the type of tissue that is being treated, ranging from deep inside the hair follicle up to the surface of the skin.
The laser treatments work by destroying these unwanted cells without harming surrounding tissues and organs.
LED:
LED is Light-Emitting Diode and it's a small semiconductor that emits light when electricity is applied. The most commonly used type of LED for hair loss treatment or growth device application are those with a diameter less than 1mm. They are flexible, thin, and can be easily incorporated into the existing devices such as trimmers or shavers.
Application Insights:
The homecare segment dominated the global hair loss and growth devices market in 2017. This can be attributed to increasing awareness about new methods of hair removal, growing preference for permanent makeup and rising disposable income in emerging economies such as India, China, Brazil etc. Permanent makeup is gaining popularity due to its ability to cover small areas such as eyebrows and eyeliners which were not possible with conventional tattooing techniques. This has led to an increase in demand for these products among consumers globally.
Hair loss treatment clinics are expected to witness lucrative growth over the forecast period owing to increasing consumer awareness regarding various treatments available for hair thinning problems including Minoxidil (Rogaine), Finasteride (Propecia), Dutasteride (Avodart) etc., coupled with rising prevalence of male pattern baldness or Androgenetic Alopecia (AGA). These factors are likely drive the segment at a significant rate during the forecast period.
Regional Analysis:
North America dominated the global hair loss and growth devices market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by key companies, rising awareness among people for various treatment options, availability of technologically advanced products, and presence of well-established healthcare facilities in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing disposable income levels coupled with growing medical tourism industry in countries such as India and China. In addition, rising prevalence of alopecia ares among people living in emerging economies such as India is also driving demand for these devices in this region leading towards increased investment by manufacturers operating within Asia Pacific market space.
Growth Factors:
- Increasing awareness about hair loss and its treatment options among people
- Growing demand for minimally invasive and non-invasive procedures for hair loss treatment
- Rising popularity of hair growth devices among people of all age groups
- increasing investment by private players and healthcare organizations in research and development activities for new hair growth devices
- Technological advancements in the field of hair loss treatment
Scope Of The Report
Report Attributes
Report Details
Report Title
Hair Loss and Growth Devices Market Research Report
By Type
Lasers, LED, Others
By Application
Homecare, Hair Loss Treatment Clinic
By Companies
HairMax, Capillus, Freedom, Theradome, Apira Science, InnovaDerma, WONTECH, HairMax
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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Hair Loss and Growth Devices Market Report Segments:
The global Hair Loss and Growth Devices market is segmented on the basis of:
Types
Lasers, LED, Others
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
Homecare, Hair Loss Treatment Clinic
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:
- HairMax
- Capillus
- Freedom
- Theradome
- Apira Science
- InnovaDerma
- WONTECH
- HairMax
Highlights of The Hair Loss and Growth Devices 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:
- Lasers
- LED
- Others
- By Application:
- Homecare
- Hair Loss Treatment Clinic
- 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 Hair Loss and Growth Devices 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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
Frequently Asked Questions?
Hair loss and growth devices are medical devices that claim to help people grow their hair back. These devices may use heat, light, or chemicals to stimulate hair growth. Some of these devices have been shown to be ineffective and can even cause serious side effects.
Some of the major players in the hair loss and growth devices market are HairMax, Capillus, Freedom, Theradome, Apira Science, InnovaDerma, WONTECH, HairMax.
The hair loss and growth devices market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hair Loss and Growth Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hair Loss and Growth Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hair Loss and Growth Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hair Loss and Growth Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hair Loss and Growth Devices Market Size & Forecast, 2020-2028
4.5.1 Hair Loss and Growth Devices Market Size and Y-o-Y Growth
4.5.2 Hair Loss and Growth Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Lasers
5.2.2 LED
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Homecare
6.2.2 Hair Loss Treatment Clinic
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hair Loss and Growth Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hair Loss and Growth Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Lasers
9.6.2 LED
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Homecare
9.10.2 Hair Loss Treatment Clinic
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Lasers
10.6.2 LED
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Homecare
10.10.2 Hair Loss Treatment Clinic
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Lasers
11.6.2 LED
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Homecare
11.10.2 Hair Loss Treatment Clinic
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Lasers
12.6.2 LED
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Homecare
12.10.2 Hair Loss Treatment Clinic
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Lasers
13.6.2 LED
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Homecare
13.10.2 Hair Loss Treatment Clinic
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hair Loss and Growth Devices Market: Competitive Dashboard
14.2 Global Hair Loss and Growth Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 HairMax
14.3.2 Capillus
14.3.3 Freedom
14.3.4 Theradome
14.3.5 Apira Science
14.3.6 InnovaDerma
14.3.7 WONTECH
14.3.8 HairMax
