Europe Market Statistics
Europe region in hair transplant market is set to capture around 34% revenue share by the end of 2036. The region's growing knowledge of hair transplantation techniques utilizing state-of-the-art technology is responsible for the domination. Male pattern baldness will eventually impact roughly two-thirds of males in the UK, translating to about 7.4 million men who are experiencing hair loss.
The availability of a developed healthcare system and the rise in public awareness of hair restoration procedures could be further factors driving the United Kingdom industry. Eight of the ten nations with the highest rates of hair loss are in Europe. Consequently, hair loss is shown as being far more common in Europe than anywhere else in the world.
The prevailing healthcare systems in Germany, which prioritize evidence-based therapy, may contribute to a gradual but cautious uptake of novel hair restoration methods. A hair transplant in Germany typically costs between USD 10,000 and USD 12,000.
The elements driving the expansion of the hair transplant market in France will be the rising incomes, expanding awareness of hair repair techniques, and the influence of the media and internet. By the beginning of 2024, 93.8 percent of French people were using the internet.
North America Market Analysis
The North America region will also encounter huge growth for the hair transplant market during the forecast period. Since the 1960s, the area has been the birthplace of several hair restoration treatments, leading to the development of a competitive but stable sector. From the International Society of Hair Restoration Surgery, 87.3% of hair transplant patients are men.
The aging population in the United States is becoming another group that may be considering hair restoration options. According to the American Community Survey of 2021, out of 331,893,745 total population, or 16.8%, there were 55,892,014 people in the United States who were 65 years of age or older.
Author Credits: Radhika Pawar
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