Alopecia Market
Alopecia Market To
Reach USD 12.99
Billion By 2026
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Market Summary
Rising incidences of chronic disorders such as hyperthyroidism, acute stress disorder
hypopituitarism, hypothyroidism, and lupus are the major factors influencing market growth.
Market Size – USD 8.64 billion in 2018, Market Growth - CAGR of 5.1%, Market Trends –Increase in
disposable income coupled with rising concern about aesthetic appearance
The Alopecia Market is expected to reach USD 12.99 Billion by 2026, according to a new report by
Reports and Data. This can be mainly associated with rising predominance of chronic disorders such
as hyperthyroidism, hypothyroidism, acute stress disorder, lupus, and hypo pituitarism. Moreover,
increasing incidence of Hodgkin’s disease, Hashimoto’s disease, Addison’s disease, and celiac disease
along with factors such as access to quick treatment are expected to drive the market growth.
However, high cost of treatment and adverse side effects is expected to restrain the growth. Also,
changing lifestyle such as consumption of tobacco, an increase in the use of alcohol, and other
associated products, growing stress levels, and the expanding population are expected to spur the
market. Increasing disposable incomes coupled with the expanding emphasis on aesthetic
appearance are also likely to add to the demand for alopecia treatment worldwide.
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Market Summary
The rising number of introduction of new drugs, consumer disposable incomes, and the complementary
initiatives taken by the relevant organizations namely, AHLA and NAAF, are the crucial factors for the North
America region to account for the largest market share of 22.30% in 2018.
Hair loss, also acknowledged as alopecia or baldness refers to a loss of hair from part of the head. The typical
pattern of hair loss can vary from a small area to the entire body. Scarring or inflammation is not present. Hair
loss in some people may cause psychological distress. General types include female-pattern hair loss, male-
pattern hair loss, alopecia areata, and a thinning of hair also known as telogen effluvium. The cause of male-
pattern hair loss is a combination of male hormones and genetics, the purpose of female pattern hair loss is
not clear, the use of alopecia areata is auto-immune, and the cause of telogen effluvium is mostly a
psychologically or physically stressful event.
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Market Summary
Further key findings from the report suggest
• Alopecia areata is an autoimmune skin disease identified by the hair loss on the scalp, face, and other
areas of the body. Alopecia areata is segmented into totalis, patchy, and universalis further.
• Increasing predominance coupled with rising awareness regarding aesthetic appeal and physical
appearance is also assumed to drive the growth in the next few years.
• Androgenetic type accounts for the largest market share of 42.20% in 2018 and is estimated to reach USD
5.51 billion by 2026.
• Also, the availability of treatments such as oral treatments, licensed topical treatments involving the use of
finasteride and minoxidil; and surgical procedures such as hair replacement and transplantation are
expected to drive the market.
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Market Summary
Key participants include Cipla Inc., Johnson and Johnson AG, Transitions Hair Pty Ltd., Sun
Pharmaceutical Industries Ltd., Merck & Co., Inc., Cirrus Hair Centers, Lexington International
LLC, Vita-Cos-Med Klett-Loch GmbH, Follica, Inc., and Capillus.
For the purpose of this study, Reports and Data have segmented the global Alopecia Market on the basis of
Disease, Gender, application, Sales distribution and region:
Disease Outlook (Revenue, USD Million; 2016-2026)
• Alopecia Areata
• Androgenetic Alopecia
• Others
Sales distribution Outlook (Revenue, USD Million; 2016-2026)
• Prescriptions
• OTC
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Market Summary
Application Outlook (Revenue, USD Million; 2016-2026)
• Homecare Settings
• Dermatology Clinics
Gender Outlook (Revenue, USD Million; 2016-2026)
• Female
• Male
Regional Outlook (Revenue, USD Million; 2016-2026)
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• Latin America
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