According to Stratistics MRC, the Global Alopecia market is expected to grow from $8.63 billion in 2016 to reach $13.33 billion by 2023 with a CAGR of 6.4%. Growing water and air pollution levels, changing lifestyle habits of people, and growing stress levels are some of the major factors propelling the market growth. Furthermore, increasing consumer purchasing power, technological improvements in treatment methods are other factors boosting the market growth. However, low consumer awareness about treatment types is restricting the market growth.
By treatment type, tropical treatment commanded the largest market share during the forecast period. This growth is driven by the high absorbability and noninvasive characteristic of treatment. This treatment normally includes topical corticosteroids, which are offered in the form of gels, lotions and liquids.
In terms of geography, North America dominated the global market due to the availability of developed healthcare infrastructure and high disposable incomes. Moreover, Asia pacific region is expected to witness fastest growth rate during the forecast period. The large populations suffering from alopecia and the rising awareness levels pertaining to the available therapeutic options are some factors favoring the market in this region. The economic development coupled with the constantly rising disposable income in countries such as China, India, and Singapore will present high growth opportunities over the forecast period.
Some of the key players in global alopecia market include Vitabiotics, Lifes2good, Kirkland Signature, Johnson Johnson, Dr. Reddy's Laboratories, Alpecin, Cipla, Phyto Ales Group, Merck Co, Phyto Ales Groupe and Sun Pharma.
Treatments Covered:
Topical Treatment
Low Level Laser Therapy
Hair Transplant Services
Injectable
Oral
Other Treatments
End Users Covered:
Aesthetic Clinics
Homecare Settings
Hospitals
Dermatology And Trichology Clinics
Other End Users
Genders Covered:
Men
Women
Alopecia Types Covered:
Alopecia Areata
Alopecia Totalis
Alopecia Universalis
Products Covered:
Vitamins and Supplements
Shampoos and Conditioners
Other Products
Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East Africa
What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Original Article: Alopecia Global Market Outlook 20172023 [Report Updated: 01112017] Prices from USD $4150
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