The global alopecia market size is expected to reach USD 14.34 Billion in 2028 and register a CAGR of 5.1%, according to the latest report by Reports and Data. Key factors such as rising incidences of alopecia areata and androgenetic alopecia, improvements in healthcare infrastructure and technological advancements in treatment are driving global market revenue growth.
Alopecia is a medical condition seen in men and women which results in hair fall in small patches due to various reasons. Gradual changes in eating patterns, high consumption of unhealthy diet, adoption of sedentary lifestyle, associated stress and aging, hormonal imbalance, high prevalence of genetic and chronic diseases are crucial factors leading to hair fall and baldness. Increasing occurrence of various diseases like cancer, rheumatoid arthritis, PCOS, hyperthyroidism and acute stress disorder, rapidly expanding population part and high consumption of tobacco and alcohol are fueling global market growth. Increasing funding by public and private sectors for ongoing research on alopecia and growing awareness about alopecia and available treatments is also boosting market growth.
Increasing focus on aesthetic appearance, rapid increase in disposable income, and introduction of various therapeutic drugs are further boosting demand for alopecia treatment across the globe. In addition, many market players are focusing on developing more effective drugs which is expected to boost market growth going ahead.
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The report provides a complete coverage of the recent mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others. To offer a clear understanding of the scope of the industry, competitive landscape and different progressive aspects are studied extensively in the report.
Key companies operating in the global market and profiled in the report include:
Cipla Inc., Johnson and Johnson AG, Transitions Hair Pty Ltd., Sun Pharmaceutical Industries Ltd., Merck & Co., Inc., Cirrus Hair Centers, Lexington International LLC, Vita-Cos-Med Klett-Loch GmbH, Follica, Inc., and Capillus are some key players operating in the global alopecia market.
The report further offers insights into company overviews, business landscape, production and manufacturing capacity, product portfolio, financial standing, global market position, gross profit margins, SWOT analysis and Porter’s Five Forces analysis for each company. The report also covers feasibility analysis and investment return analysis to offer deeper insights into market landscape and industrial chain.
Alopecia Market Segmentation:
Disease Type Outlook (Revenue, USD Billion, 2018 – 2028)
- Alopecia Areata
- Alopecia Totalis
- Alopecia Universalis
- Cicatricial Alopecia
- Traction Alopecia
- Androgenetic Alopecia
- Others
Sales Channel Outlook (Revenue, USD Billion, 2018 – 2028)
- Prescriptions
- OTC
End-use Outlook (Revenue, USD Billion, 2018 – 2028)
- Homecare Settings
- Dermatology Clinics
Gender Outlook (Revenue, USD Billion, 2018 – 2028)
- Male
- Female
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The report discusses in detail the geographical spread of the market in key regions of the world including North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. The report studies the region expected to dominate market growth over the forecast period. The report also talks about the key factors such as supply and demand ratio, production and consumption patterns, consumer demands, technological advancement, research activities, and presence of key players that can influence vital parameters such as market size, market trends, market share, and revenue generation in each region.
Regional analysis covers:
- North America (U.S., Canada, Mexico)
- Europe (U.K., Italy, Germany, France, Rest of Europe)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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