Global Hair Loss Treatment Market | Growth, Analysis

1
The Global Hair Loss Treatment Market at CAGR of
5.07 by 2028
Triton Market Research presents the Global Hair
Loss Treatment Market segmented by Gender
(Female, Male), by Indications (Androgenic
Alopecia, Alopecia Areata, Alopecia Totalis,
Other Indications), by Treatment Type (Topical
Hair Loss Treatment Minoxidil, Shampoos, Oral
Hair Loss Treatment Finasteride, Other Oral Hair
Loss Treatment, Other Treatment Types), by Sales
Channel (Drug Stores Retail Pharmacies,
Hospital Pharmacies, Online Pharmacies), and By
Geography (Middle East and Africa, Europe,
Asia-Pacific, Latin America, North America). It
further discusses the Market Summary, Industry
Outlook, Impact of COVID-19, Key Insights,
Porter's Five Forces Model, Market Attractiveness
Index, Vendor Scorecard, Key Market Strategies,
Drivers, Challenges, Opportunities, Competitive
Landscape, Research Methodology Scope, Global
Market Size, Forecasts Analysis (2021-2028).
GLOBAL HAIR LOSS TREATMENT MARKET 2021-2028
CAGR 5.07
The regional paradigm of HAIR LOSS TREATMENT
MARKET Market was dominated by North America by
capturing a majority of revenue share. On other
hand. Asia-Pacific is anticipated to be the
fastest growing regional market over the forecast
period. www.tritonmarketresearch.com
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2
Triton Market Research's report states that the
global market for hair loss treatment would
expand with 5.07 of CAGR during the evaluated
years from 2021 to 2028. Autoimmune diseases are
becoming increasingly prevalent worldwide. As per
data, nearly 50 million Americans are said to be
affected by them. These diseases lead to loss of
hair on the scalp and other body parts. Thus, the
growing prevalence of autoimmune diseases is
fueling the growth of the hair loss treatment
market. However, the high cost of treatment and
the risk of side effects or infection or
resulting from it are hindering the development
process. North America is presently the largest
market in the world for hair loss treatment, and
is expected to maintain its position until the
end of the forecast period. The region boasts of
developed economies like the United States and
Canada, and has a highly advanced healthcare
system. There are several leading pharmaceutical
companies headquartered in these nations, who are
working on developing effective solutions for the
treatment of alopecia. These factors are driving
the demand for hair loss treatment by people. In
addition, the rising emphasis on esthetics by the
youth and consumers' increasing disposable income
are also acting as catalysts for the growth of
the studied market in North America. The key
companies profiled in the hair loss treatment
market are Concert Pharmaceuticals Inc, The
Himalaya Drug Company, Shiseido Company Limited,
Taisho Pharmaceutical Co Ltd, Aclaris
Therapeutics, Transitions Hair Pvt Ltd, Merck
Co, Cipla Limited, Dr Reddys Laboratories,
Cellmid, Daiichi Sankyo, Teva Pharmaceuticals,
Johnson Johnson, Sun Pharmaceutical Industries
Ltd, and Lexington International Llc. There are a
number of players across the globe who
manufacture and sell hair loss treatment
products. However, only a couple of them dominate
the market, which makes it reasonably fragmented.
The manufacturers offer different product ranges,
including ointments, creams, and serums, to
tackle the competitive market challenges in terms
of product quality and cost. Moreover, the bigger
players in the industry are involved in
developing new medicines by conducting research
and clinical trials, which intensifies the
rivalry among players.
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