At 20.8% CAGR, Europe Hair Transplant Market is Projected to be Worth US$ 9,089.33 Million by 2030, says Business Market Insights

According to Business Market Insights' research, the Europe hair transplant market was valued at US$ 2,004.58 million in 2022 and is expected to reach US$ 9,089.33 million by 2030, registering a CAGR of 20.8% from 2022 to 2030. Expanding aging population and changing lifestyle patterns are among the critical factors attributed to the Europe hair transplant market expansion.

The aging global population and evolving lifestyle patterns significantly contribute to the expanding market for hair transplant procedures. As the world experiences a demographic shift with an increasing number of elderly individuals, the prevalence of age-related hair loss becomes more pronounced. Aging often leads to hormonal changes and reduced hair follicle activity, resulting in hair thinning or loss. This demographic trend creates a substantial market opportunity as the elderly demographic seeks effective and lasting solutions to address their hair restoration concerns. Simultaneously, changing lifestyle patterns contribute to a rising incidence of hair loss across various age groups. Modern lifestyles characterized by high stress levels, poor dietary habits, and exposure to environmental pollutants contribute to increased hair loss concerns among individuals at a younger age. For instance, professionals experiencing work-related stress may encounter premature hair thinning. Additionally, dietary deficiencies and unhealthy lifestyle choices can exacerbate their hair loss issues. These changing lifestyle patterns drive individuals to explore hair transplant procedures as a viable and lasting solution to regain their natural hair density and address aesthetic conditions. The intersection of an aging population and evolving lifestyles forms a dynamic landscape, creating a robust market opportunity for the hair transplant market.

On the contrary, high cost of hair transplant procedures hurdles the growth of Europe hair transplant market.

Based on procedures, the Europe hair transplant market is bifurcated into surgical hair transplant procedures and non-surgical procedures. The non-surgical procedures segment held 58.8% share of Europe hair transplant market in 2022, amassing US$ 1,179.18 million. It is projected to garner US$ 5,242.07 million by 2030 to expand at 20.5% CAGR during 2022-2030. The surgical hair transplant procedures segment is sub segmented into Follicular Unite Strip Surgery (FUS), Follicular Unit Extraction (FUE), and other surgical procedures. The non-surgical procedures segment is sub segmented into platelet rich plasma non-surgical procedures, laser cap, and others.

In terms of site of transplantation, the Europe hair transplant market is categorized into scalp transplant, eyelash transplant, eyebrow transplant, beard/ moustache transplant, chest transplant, and others. The scalp transplant segment held 76.3% share of Europe hair transplant market in 2022, amassing US$ 1,530.19 million. It is projected to garner US$ 6,892.17 million by 2030 to expand at 20.7% CAGR during 2022-2030.

Based on country, the Europe hair transplant market has been categorized into the UK, Germany, France, Italy, Spain, and the Rest of Europe. Our regional analysis states that Germany captured 28.9% share of Europe hair transplant market in 2022. It was assessed at US$ 579.93 million in 2022 and is likely to hit US$ 2,571.37 million by 2030, exhibiting a CAGR of 20.5% during 2022-2030.

Key players operating in the Europe hair transplant market are DHI Global Europe Ltd., Qunomedical GmbH., The Follicle Clinic, and HairMax Inc, among others.



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