The global alopecia market is expected to be valued at USD 13.65 Billion in 2027 from USD 9.08 billion in 2019, registering a CAGR of 5.1% through the forecast period. Alopecia is a condition where there is a sudden loss of hair, starting with several circular bald patches, which might overlap rapidly. Alopecia Areata is a more severe form of the condition. It is an autoimmune disease recognized by the cells in one’s immune system attacking their hair follicles, causing significant hair loss.
The surging prevalence of chronic diseases, such as hypothyroidism, hyperthyroidism, hypopituitarism, acute stress disorder, PCOD (polycystic ovary disease), and lupus, is a crucial factor triggering the global alopecia market growth. The market growth is further propelled by the rising incidences of alopecia areata and androgenetic alopecia, growing prevalence of specific genetic disorders, increasing cases of hormonal anomalies, and a rise in the number of people suffering from Hodgkin’s disease, Addison’s disease, Hashimoto’s disease, and celiac disease. Alopecia is also associated with unhealthy lifestyles, such as frequent or regular alcohol intake and smoking, and rising levels of stress and anxiety, especially among the youth. Moreover, the rising disposable incomes and surging focus on enhancing one’s physical appearance further bolster the global market growth. However, the escalating treatment costs and unawareness about the disease will hamper the market growth in the forthcoming years.
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Key findings of the report:
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For the purpose of this study, the global alopecia market has been segmented on the basis of disease type, application, distribution channel, and region:
By Disease Type (Revenue, USD Million; 2017-2027)
By Application (Revenue, USD Million; 2017-2027)
By Distribution Channel (Revenue, USD Million; 2017-2027)
By Region (Revenue, USD Million; 2017-2027)
North America
• U.S.
• Canada
Europe
• Germany
• U.K.
• France
• BENELUX
• Rest of Europe
Asia Pacific
• China
• Japan
• South Korea
• Rest of Asia Pacific
Latin America
• Brazil
• Rest of Latin America
Middle East & Africa
• Saudi Arabia
• U.A.E.
• Rest of Middle East & Africa
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Table of Content:
Chapter 1. Market Synopsis 1.1. Market Definition 1.2. Research Scope & Premise 1.3. Methodology 1.4. Market Estimation Technique Chapter 2. Executive Summary 2.1. Summary Snapshot, 2018-2026 Chapter 3. Indicative Metrics Chapter 4. Alopecia Market Segmentation & Impact Analysis 4.1. Alopecia Market Segmentation Analysis 4.2. Industrial Outlook 4.2.1. Market indicators analysis 4.2.2. Market drivers analysis 4.2.2.1. Rising incidences of chronic diseases 4.2.2.2. Increase in technological advancements in alopecia treatment 4.2.3. Market restraints analysis 4.2.3.1. Expensive treatment 4.2.3.2. Adverse side effects 4.3. Technological Insights 4.4. Regulatory Framework 4.5. ETOP Analysis 4.6. Porter’s Five Forces Analysis 4.7. Competitive Metric Space Analysis 4.8. Price trend Analysis
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