Global Hair Loss Growth Treatments Market The global hair loss growth treatments market is anticipated to grow at a CAGR of 5.9% during the forecast period (2022-2028). The global hair loss growth treatments market is growing due to the rising geriatric population globally coupled with as the age increases due to lack of insuuficent calcium and protein get less and attributed it the demand is increasing. According to a report by the United Nation in 2019, there are almost 703 million persons with age more than 65 years globally. The number is estimated to be 1.5 billion by 2050. The global hair loss growth treatments market is growing due to the increasing demand for quick and easy hair care solutions for the hair concerned customers. Hair growth treatment product contains essential vitamins, and antioxidants that are preferred by the millennial consumer to repair, and moisturize their scalp and hair. The rise in disposable income along with the increasing expenditure towards healthcare products and the growing awareness of hair care solutions in helping to drive the hair growth treatment products. The new trend of hair color protection with different types of essential oils is helping the hair loss growth treatments market to grow widely. The rising prevalence of menstrual hormonal imbalances and rise in the incidence of pregnancy among the young female population is also boosting the growth of the market. The rising prevalence of cancer and the different types of cancer patients is also boosting the growth of the market. The awareness among the individual regarding potential techniques to cure the side effects of diseases and medicines and to treat the hair loss problem is further anticipated to propel the growth of the hair loss treatments market during the forecast period.
Some major players in the market include ALTERNA, Amplixin, Church and Dwight Co., Johnson and Johnson Services Inc., John Paul Mitchell Systems, Nutraceutical Wellness Inc., Merck and Co., Inc., Taisho Pharmaceutical Holdings Co., Ltd., and Wella Operations US LLC among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance:
- In September 2021, Dr. Reddy’s Laboratories Ltd. announced the launch of the prescription drug Minoxidil topical solution USP 2% and 5% for the treatment of female pattern hair loss.
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Market Coverage
- The market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Type
- By Application
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- ALTERNA, Amplixin, Church and Dwight Co., Johnson and Johnson Services Inc., John Paul Mitchell Systems, Nutraceutical Wellness Inc., Merck and Co., Inc., among others.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
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Global Hair Loss Growth Treatments Market Report by Segment
By Type
- Hair Loss and Growth Devices
- Shampoos and Conditioners
- Medicine Product
- Others
By Application
- Men
- Women
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