Market Overview:
The global hair medical services market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing prevalence of baldness, rising awareness about hair loss treatments, and technological advancements in the field of hair transplantation. Based on type, the global hair medical services market is segmented into hair transplantation and hair care. Hair transplantation is further sub-segmented into FUE (follicular unit extraction) and FUT (follicular unit transfer). The FUE segment is expected to grow at a higher CAGR during the forecast period owing to its advantages over other methods such as lower invasiveness, shorter recovery time, and minimal scarring. Based on application, the global hair medical services market is segmented into students, working people, retired people, and others. The students segment accounted for the largest share of the global market in 2017 owing to an increase in demand for affordable treatment options among this population group. Geographically, North America dominates the globalhair medical servicesmarket followed by Europeand Asia Pacific .
Product Definition:
Hair medical services are treatments that are used to improve the appearance or health of hair. These services may include haircuts, colorings, perms, and other treatments.
Hair Transplantation:
Hair transplantation is a surgical procedure to replace the hair that has been lost due to any reason. It is one of the most common procedures done by dermatologists and cosmetic surgeons. The medical term for hair transplant is Follicular Unit Transplant (FUT). A hair transplant consists of harvesting follicles from the skin, which are then implanted in another part of the patient’s body where there is thinning or absence of hair.
Hair Care:
Hair Care is the process of protecting, styling, and maintaining healthy hair. It includes procedures from shampooing to blow drying and everything in between. The global market for hair care was estimated at USD 19 billion in 2012 and is expected to grow at a CAGR of XX% by 2022. Growing awareness about personal grooming among men as well as women has been driving the growth of this industry across the world.
Application Insights:
The working people segment held the largest market share in 2017. This is attributed to the increasing number of professionals, especially in developed economies including U.S., Canada, U.K., Germany and France where hair restoration surgery is gaining popularity among men and women as a cosmetic procedure to improve their appearance or self-esteem after damage caused by chemotherapy or other treatments for alopecia areatais a major factor driving this segment growth.
The retired people¢â‚¬â„¢s application segment is expected to grow at the highest CAGR during the forecast period owing to increased spending on personal care products particularly hair care products by this group which they use every day before going out for social occasions or watching TV at home which will boost product demand over the forecast period eventually resulting in increased revenue generation for medical service providers across all regions involved in Hair Restoration Services globally during 2018-2030 timespan.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to a large number of procedures being performed, high disposable income, and increasing awareness about hair transplantation. Asia Pacific is expected to witness the fastest growth over the forecast period owing to an increase in spending power and growing population. Moreover, rising demand for medical tourism due to affordable treatment options will drive regional growth over the forecast period.
The European region accounted for more than 20% of share in 2017 owing to an increase in spending power among middle-class people as well as aging population suffering from pattern baldness or alopecia are driving demand for hair restoration treatments such as surgical or non-surgical procedures used for mustache restoration surgery which includes trichotillomania (compulsive urge pulling out one's own hair), excoriation (picking scabs), hirsutism (excessive facial/body beard).
Growth Factors:
- Increasing awareness about hair loss and its treatment options among people, especially in the developed countries.
- Growing demand for non-surgical hair restoration procedures such as PRP therapy and Hair transplantation.
- Rising number of middle-aged and elderly population who are more susceptible to hair loss problems.
- Increasing expenditure on personal care products by consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hair Medical Services Market Research Report
By Type
Hair Transplantation, Hair Care
By Application
Students, Working People, Retired People
By Companies
Vera Clinic, Koher Medical, Medical Park Hospitals Group, Estehair, Memorial Healthcare Group, Bosley, SHINWA CLINIC, Barley, Lotus, Motion Clinic, Forhair, Yonghe Medical Group Co., Ltd.
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
195
Number of Tables & Figures
137
Customization Available
Yes, the report can be customized as per your need.
Global Hair Medical Services Market Report Segments:
The global Hair Medical Services market is segmented on the basis of:
Types
Hair Transplantation, Hair Care
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
Students, Working People, Retired People
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:
- Vera Clinic
- Koher Medical
- Medical Park Hospitals Group
- Estehair
- Memorial Healthcare Group
- Bosley
- SHINWA CLINIC
- Barley
- Lotus
- Motion Clinic
- Forhair
- Yonghe Medical Group Co., Ltd.
Highlights of The Hair Medical Services 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:
- Hair Transplantation
- Hair Care
- By Application:
- Students
- Working People
- Retired People
- 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 Medical Services 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 Medical Services is a hair restoration clinic that offers a variety of hair restoration treatments, including FUE (follicular unit extraction) and SMP (strip method placement).
Some of the major players in the hair medical services market are Vera Clinic, Koher Medical, Medical Park Hospitals Group, Estehair, Memorial Healthcare Group, Bosley, SHINWA CLINIC, Barley, Lotus, Motion Clinic, Forhair, Yonghe Medical Group Co., Ltd..
The hair medical services 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 Medical Services 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 Medical Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hair Medical Services 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 Medical Services 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 Medical Services Market Size & Forecast, 2020-2028
4.5.1 Hair Medical Services Market Size and Y-o-Y Growth
4.5.2 Hair Medical Services 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 Hair Transplantation
5.2.2 Hair Care
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 Students
6.2.2 Working People
6.2.3 Retired People
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hair Medical Services 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 Medical Services 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 Hair Transplantation
9.6.2 Hair Care
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 Students
9.10.2 Working People
9.10.3 Retired People
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 Hair Transplantation
10.6.2 Hair Care
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 Students
10.10.2 Working People
10.10.3 Retired People
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 Hair Transplantation
11.6.2 Hair Care
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 Students
11.10.2 Working People
11.10.3 Retired People
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 Hair Transplantation
12.6.2 Hair Care
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 Students
12.10.2 Working People
12.10.3 Retired People
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 Hair Transplantation
13.6.2 Hair Care
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 Students
13.10.2 Working People
13.10.3 Retired People
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 Medical Services Market: Competitive Dashboard
14.2 Global Hair Medical Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Vera Clinic
14.3.2 Koher Medical
14.3.3 Medical Park Hospitals Group
14.3.4 Estehair
14.3.5 Memorial Healthcare Group
14.3.6 Bosley
14.3.7 SHINWA CLINIC
14.3.8 Barley
14.3.9 Lotus
14.3.10 Motion Clinic
14.3.11 Forhair
14.3.12 Yonghe Medical Group Co., Ltd.
