Title: Alopecia Market
1Alopecia Market To Reach USD 12.99 Billion By
2026
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2Market Summary
Rising incidences of chronic disorders such as
hyperthyroidism, acute stress disorder
hypopituitarism, hypothyroidism, and lupus are
the major factors influencing market
growth. Market Size USD 8.64 billion in 2018,
Market Growth - CAGR of 5.1, Market Trends
Increase in disposable income coupled with
rising concern about aesthetic appearance The
Alopecia Market is expected to reach USD 12.99
Billion by 2026, according to a new report by
Reports and Data. This can be mainly associated
with rising predominance of chronic disorders
such as hyperthyroidism, hypothyroidism, acute
stress disorder, lupus, and hypo pituitarism.
Moreover, increasing incidence of Hodgkins
disease, Hashimotos disease, Addisons disease,
and celiac disease along with factors such as
access to quick treatment are expected to drive
the market growth. However, high cost of
treatment and adverse side effects is expected to
restrain the growth. Also, changing lifestyle
such as consumption of tobacco, an increase in
the use of alcohol, and other associated
products, growing stress levels, and the
expanding population are expected to spur the
market. Increasing disposable incomes coupled
with the expanding emphasis on aesthetic
appearance are also likely to add to the demand
for alopecia treatment worldwide.
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3Market Summary
The rising number of introduction of new drugs,
consumer disposable incomes, and the
complementary initiatives taken by the relevant
organizations namely, AHLA and NAAF, are the
crucial factors for the North America region to
account for the largest market share of 22.30 in
2018. Hair loss, also acknowledged as alopecia
or baldness refers to a loss of hair from part of
the head. The typical pattern of hair loss can
vary from a small area to the entire body.
Scarring or inflammation is not present. Hair
loss in some people may cause psychological
distress. General types include female-pattern
hair loss, male-pattern hair loss, alopecia
areata, and a thinning of hair also known as
telogen effluvium. The cause of male-pattern hair
loss is a combination of male hormones and
genetics, the purpose of female pattern hair loss
is not clear, the use of alopecia areata is
auto-immune, and the cause of telogen effluvium
is mostly a psychologically or physically
stressful event. Avail the inside scoop of the
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4Market Summary
- Further key findings from the report suggest
- Alopecia areata is an autoimmune skin disease
identified by the hair loss on the scalp, face,
and other areas of the body. Alopecia areata is
segmented into totalis, patchy, and universalis
further. - Increasing predominance coupled with rising
awareness regarding aesthetic appeal and physical
appearance is also assumed to drive the growth in
the next few years. - Androgenetic type accounts for the largest market
share of 42.20 in 2018 and is estimated to reach
USD 5.51 billion by 2026. - Also, the availability of treatments such as oral
treatments, licensed topical treatments involving
the use of finasteride and minoxidil and
surgical procedures such as hair replacement and
transplantation are expected to drive the market. - Click here to avail the report at discount rate
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5Market Summary
- Key participants 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. - For the purpose of this study, Reports and Data
have segmented the global Alopecia Market on the
basis of Disease, Gender, application, Sales
distribution and region - Disease Outlook (Revenue, USD Million 2016-2026)
- Alopecia Areata
- Androgenetic Alopecia
- Others
- Sales distribution Outlook (Revenue, USD Million
2016-2026) - Prescriptions
- OTC
-
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6Market Summary
- Application Outlook (Revenue, USD Million
2016-2026) - Homecare Settings
- Dermatology Clinics
- Gender Outlook (Revenue, USD Million 2016-2026)
- Female
- Male
- Regional Outlook (Revenue, USD Million
2016-2026) - North America
- Europe
- Asia Pacific
- Middle East Africa
- Latin America
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