Alopecia Market size is expected to grow from US$ 9.02 Bn. in 2021 to US$ 17.07 Bn. by 2029, growing at a CAGR of 8.3% through 2022 to 2029. Alopecia Areata disease segment leads the Global Alopecia Market by 2029.
Alopecia Market Overview
The research on the Alopecia Market is based on the detailed dynamics the Alopecia market. The report covers market revenue forecasts at global, regional and segment, and national levels. Industry potential is analysed focusing on the drivers, opportunities & limitations in the market.
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Alopecia Market Report Scope and Research Methodology
The report is a comprehensive analysis of the complementary and Alopecia Market by region, segment and competitive landscape. The scope of the research included market potential, regulatory scenario, consumer behaviour, technological influence & Industry rivalry. Region wise data has been collected the analyse the country wise markets. The new entrants in Alopecia market were researched for growth prospects and future business outlooks
Secondary data was collected from official databases of various organisations and government sites, industry journals, white papers, annual reports, releases of product manufacturers and suppliers in the Alopecia industry along with paid and free databases. To estimate the segment wise, regional and global Alopecia Market size, bottom-up approach was used.
Alopecia Market Segmentation
Alopecia Areata, Cicatricial Alopecia, Traction Alopecia, Alopecia Totalis, Alopecia Universalis, Androgenetic Alopecia, and Others are the market segments based on the disease type. Over 147.0 million people globally, including 6.8 million in the United States alone, are impacted by AA, according to the National Alopecia Areata Foundation. The section is anticipated to expand at a sizable rate over the course of the projection period due to a rise in the development of novel medicines and constructive measures in the approval process. For instance, Incyte Corporation and Eli Lilly and Company received Breakthrough Therapy Designation from the US Food and Drug Administration in March 2020 for their use of baricitinib to treat AA. Having the designation for a breakthrough therapy will help you get clearance more quickly.
The market is divided into male and female segments based on gender. This is brought on by the rising prevalence of male hair loss globally. Androgenetic alopecia is the most prevalent kind of alopecia in men. 50% of males are predicted to have some degree of hair loss by the age of 50, with androgenetic hair loss making up more than 95% of cases. Additionally, during the projection period, factors such an ageing population and rising male tobacco use are anticipated to fuel the market even more.
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Alopecia Market Key Players
• iGrow Laser (Apira Science, Inc)
• Theradome
• Curallux, LLC (Capillus)
• LUTRONIC
• iRestore Hair Growth System (Freedom Laser Therapy)
• Lexington Intl., LLC. (HairMax)
• Vitabiotics
• Sun Pharma
• Merck & Co.
• Alpecin
• Dr. Reddy’s Laboratories
• Cipla
• Johnson & Johnson
• Kirkland Signature
• Phyto Ales Group
• Lifes2good
Alopecia Market Regional Insights
The Regional Analysis in the report helps to understand the Alopecia market in various countries. The report includes a detailed analysis of the nation wise market dynamics. By region the market is categorised into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.
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