Hair Transplant Market size was valued at USD 10.1 Billion in 2023 and is predicted to reach USD 121.6 Billion by the end of 2036, registering around 21.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of hair transplant is evaluated at USD 12.2 Billion.
The growing popularity of hair transplant treatments can be attributed to their many advantages and great demand from elderly population. A significant number of clinics providing such hair treatments have opened recently as a result of the increasing popularity of hair transplantation. As reported by National Institutes of Health (NIH); sixteen million people, or 8.5% of the global population, are 65 years of age or older. This percentage is expected to increase to almost 17% of the global population (1.6 billion) by 2050.
Author Credits: Radhika Pawar
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