Alopecia - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Alopecia Market is accounted for $3.11 billion in 2020 and is expected to reach $7.27 billion by 2028 growing at a CAGR of 11.2% during the forecast period. Rising prevalence of androgenetic alopecia and alopecia areata diseases are the major factors driving the market growth. However, high cost of treatment is hampering the growth of the market.
Alopecia is medical condition that brings to hair loss and baldness conclusively. Hair loss may happen in entire body orpatches on whole from a small area. Alopecia is caused due to autoimmune disorders such as vitiligo, thyroid and others.
Based on the gender, the female segment is going to have lucrative growth during the forecast period due to the element like high consciousness levels integrated with increased frequency of polycystic ovary syndrome (PCOS) originate a hormonal imbalance that leads to androgenetic alopecia.
By geography, North America is going to have high growth during the forecast period due to the presence of technologically advanced healthcare infrastructure, high disposable income, and availability of novel therapeutics options pertaining to the treatments. Alopecia areata affects 1 in every 500 to 1,000 people in the United States. Accordingly, the high incidence and the equivalent high treatment rates concerning to hair loss in the U.S. are high is one of the major driver for the region.
Some of the key players profiled in the Alopecia Market include Cipla, Dr. Reddy’s Laboratories Ltd, Merck & Co, Viviscal, Regaine, Ranbaxy Laboratories Ltd, Kirkland Signature, Lexington International LLC, Vitabiotics, Alpecin - Dr. Kurt Wolff GmbH & Co, Johnson and Johnson, GlaxoSmithKline PLC and Sun Pharmaceutical Industries Ltd Company.
Disease Types Covered:
• Alopecia Areata
• Alopecia Totalis
• Alopecia Universalis
• Androgenetic Alopecia
• Cicatricial Alopecia
• Traction Alopecia
Treatment Types Covered:
• Topical Minoxidil
• Anthralin Cream Or Ointment
• Topical Corticosteroids
• Topical Immunotherapy
• Oral Corticosteroids
• 5-Alpha Reductase Inhibitors
Drug Types Covered:
• Potassium Channel Openers
Route of Administrations Covered:
• Medicine Product
• Shampoos and Conditioners
End Users Covered:
• Dermatology Clinics
• Homecare Setting
Distribution Channels Covered:
• Retail Pharmacies
• Online Pharmacies
Sales Channels Covered:
• OTC (Over-the-Counter)
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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