The global alopecia market is projected to be worth USD 5,250.8 Million by 2027, according to a current analysis by Emergen Research. The alopecia market is projected to experience rapid growth by the year 2027. The rising occurrence of alopecia is a significant factor driving the growth of the market. For instance, alopecia areata, a chronic, autoimmune disorder that affects growing hair follicles resulting in nonscarring focal hair loss, has global prevalence. The disease’s likely occurrence is about 0.001% of the population and has a lifetime risk of around 2.0%. It may occur in people of all ages, including children and adults, and at more or less the same rate in the male and female population.
The latest report is touted as the first study covering the current Alopecia market situation gravely impacted by the COVID-19 outbreak. The market intelligence report analyzes the drastic impact of the pandemic on the global economy. The coronavirus outbreak has beleaguered the Alopecia business landscape, thereby impeding various manufacturers’ and buyers’ developmental scope in this sector. The report discusses the pandemic’s impact on the existing market scenario, accompanied by speculations about the Alopecia marketin the post-COVID-19 scenario.
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Key Highlights From The Report
- Androgenetic alopecia is likely to grow at the fastest rate in the period 2020-2027. It is a commonly occurring hair loss in the global population. In the case of men, it is also referred to as male-pattern baldness.
- PCO (Polycystic Ovary Syndrome) is responsible for androgenic alopecia in females worldwide with an anticipated 20.0% of females witnessing the condition before menopause and around 40.0% post-menopause.
- The OTC (over-the-counter) availability of alopecia treatment drugs is fueled by rising focus to provide easy therapeutic accessibility and the necessity for affordable treatment.
- Key participants include Johnson & Johnson Services Inc., Cirrus Hair Centers, Cipla Inc., Follica Inc., Merck & Co. Inc., Sun Pharmaceutical Industries Ltd., Concert Pharmaceuticals Inc., GlaxoSmithKline PLC, Aclaris Therapeutics Inc., and HCell Inc., among others.
Alopecia Market Segmentation:
Emergen Research has segmented the global alopecia market on the basis of type, application, end-users, distribution channel, and region:
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Alopecia Areata
- Androgenetic Alopecia
- Alopecia Totalis
- Traction Alopecia
- Cicatricle Alopecia
- Others
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Male
- Female
- End-Users Outlook (Revenue, USD Billion; 2017-2027)
- Dermatology Clinics
- Homecare Settings
- Others
- Distribution Channel Outlook (Revenue, USD Billion; 2017-2027)
- Prescription
- OTC (Over-the-Counter)
The regional analysis of the Alopecia market mainly focuses on the key regions and regional market in North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.It evaluates the presence of the global Alopecia market in the major regions with regards to market share, market size, revenue contribution, sales network, and distribution channel, and other key elements.
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Key points covered in the report:
- The report provides the reader with a detailed study of the global Alopecia market, including essential data beneficial for business.
- The prominent factors driving and restraining market growth, latest product trends, and technological advancements have been extensively discussed by the authors of the report.
- A broad market categorization, based on product type, application gamut, and end-user landscape, has been included in the report.
- It further entails the latest product development, incorporation of new techniques, and profiles of major competitors in the market.
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Alopecia Market Segmentation & Impact Analysis
4.1. Alopecia Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Rising occurrences of alopecia
4.2.2.2. Increasing incidence of chronic diseases
4.2.2.3. Rising cases of Polycystic Ovary Syndrome (PCOS)
4.2.2.4. Rise in the level of disposable income
4.2.2.5. Advancement in technology
4.2.3. Market restraints analysis
4.2.3.1. Low awareness in under-developed nations
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
READ MORE…!
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