Hair loss is one of the significant factors that will foster the global hair transplant market growth over the projection period. Increasing patient pool in developing countries, significant success rate and increased hair transplant procedures coupled with innovative technologies also help hair transplant market to grow seamlessly in the near future. Further, rising people preference towards individual appearance and physical wellbeing have increased the demand for hair transplant substantially which indeed will help the growth for Global Hair Transplant Market in the upcoming years. Global Hair Transplant Market is expected to reach US$ 30 Billion by the end of the year 2025.
Due to rising hair related issues, the hair transplant services market is expected to expand at a significant rate of growth. It has been found that for hair-related issues, there has been no specific age as it can occur to any gender at any time. Due to the large population pool of hair related problems, this has created a huge market opportunity and generated the high demand deriving from the hair transplant industry. Increasing awareness of physical appearance among a significant number of the population is the main factor in boosting the demand for hair transplant services.
Also, increasing disposable income may be responsible for demand and may support the market in the forecast years to gain enough growth. Demand for hair transplantation has grown tremendously due to a large number of the hair loss-related population and hair-related issues that have emerged globally in recent years. It has been estimated that approximately 40-45% of women and 60-65% of men have hair-related problems mainly due to hair loss due to multiple causes such as stress, age, disease, or genetics.
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