The Europe Hair Restoration Services Market would witness market growth of 5.0% CAGR during the forecast period (2019-2025). The increasing internet penetration across the evolving parts of the world has helped service providers in initiating key online marketing programs. These initiatives can be attributed to the fact that online platforms are the most convenient ways of creating awareness about the specifications and features of the hair restoration services among their customers. Companies for hair restoration services focus on promoting their products on the internet market. The platform offers service providers a huge opportunity to increase their customer base and generate higher revenue.
On the basis of end-user, the hair restoration services market is segmented into men and women. Comparatively, the men segment is expected to have a higher value in the overall market. Androgenetic alopecia, also known as male-pattern baldness is a common condition in which excess male hormones in hair follicles prevent hair growth on the scalp. Europe has the highest amount of bald males throughout the world. Baldness is most prevalent in the Czech Republic, with nearly a quarter of these males going bald. Spain has the second largest population of bald males, preceded by Germany and France.
Hair associated issues are not limited to any particular age and gender that has generated an enormous potential for this industry to develop worldwide. This has established a strong requirement for hair treatment and transplant in different areas, which will also increase demand in the industry for hair transplant facilities. Psoriasis is a prevalent chronic condition of the skin resulting from an overactive immune system. It is defined by flaking and inflammation of the skin, along with thick, black, silver, or red hair spots. And, according to the National Psoriasis Foundation (NPF), more than 60 percent of all individuals with psoriasis can develop some scaling on their scalp. Scalp psoriasis extends the range from moderate to serious, and psoriasis scalp can reach the hairline to the forehead, and at the back of the neck, and also near the ears. Eating certain products can create psoriasis worse while it is triggered by an autoimmune issue.
Hair cloning is another recent procedure that gained prominence in the hair restoration services market. This technology is a cell therapy that is an effective, minimally invasive hair growth procedure. Hair cloning eliminates the need for any maintenance post-surgery. Moreover, increased celebrity influence and consistent self-consciousness about facial appearance, and peer influence to grow thicker hair are also key factors that are contributing towards further adoption of hair restoration services. What’s more, the growing need to maintain a good condition of hair has become a major concern among appearance-conscious customers. This is further fueling the need for hair restoration services, thereby, driving the global hair restoration services market growth.
The report highlights the adoption of Hair Restoration Services in Europe. Based on Service Provider, the market is segmented into Hospitals, Clinics and Surgical Centers. Based on Gender, the market is segmented into Male, and Female. Based on Service type, the market is segmented into Follicular Unit Extraction, Follicular Unit Transplantation, Laser Treatment, Follicular Unit Strip Surgery and Other services. The report also covers geographical segmentation of Hair Restoration Services market. The countries included in the report are Germany, UK, France, Russia, Spain, Italy and Rest of Europe.
The major market players expanding their reach in the Europe hair restoration services market are Allergan PLC, Direct Hair Implantation Ltd., Bosley, Inc. (Aderans Company Limited), National Hair Centers (GD&D Hair Solutions), Venus Concept Ltd. (NeoGraft Solutions), Lexington Intl. LLC, Bernstein Medical PC, Theradome, Inc., Elite Hair Restoration Ltd. and IllumiFlow.
Scope of the Study
By Service Provider
- Surgical Centers
By Service Type
- Follicular Unit Extraction
- Follicular Unit Transplantation
- Laser Treatment
- Follicular Unit Strip Surgery
- Other services
- Rest of Europe
- Allergan PLC
- Direct Hair Implantation Ltd.
- Bosley, Inc. (Aderans Company Limited)
- National Hair Centers (GD&D Hair Solutions)
- Venus Concept Ltd. (NeoGraft Solutions)
- Lexington Intl. LLC
- Bernstein Medical PC
- Theradome, Inc.
- Elite Hair Restoration Ltd.