At 18.9% CAGR, Middle East & Africa Hair Transplant Market is Projected to be Worth US$ 398.84 Million by 2030, says Business Market Insights

According to Business Market Insights’ research, the Middle East & Africa hair transplant market was valued at US$ 99.90 million in 2022 and is expected to reach US$ 398.84 million by 2030, registering a CAGR of 18.9% from 2022 to 2030. Increase in number of hair transplant procedures and increasing incidences of hair loss are among the critical factors attributed to the Middle East & Africa hair transplant market expansion.             

Hair transplant is a surgical procedure used to treat hair loss. This procedure takes place in clinics or medical offices. Factors such as pattern baldness, genetics, stress, diet, and hormonal imbalance are responsible for hair loss. Additional factors such as a history of hair loss and increasing use of medication also cause hair loss. Changing beauty standards, the growing need for hair loss treatment are creating demand for hair transplant procedures. For instance, according to the International Society of Hair Restoration Surgery (ISHRS), in 2021, an estimated 703,183 hair transplant procedures were performed globally.

Total Number of Hair Transplants Performed in 2021 

Source: International Society of Hair Restoration Surgery (ISHRS)

An increasing number of people are facing hair loss with each passing generation, and the need for treatments is growing at a similar rate. Approximately 25% of women and 80% of men suffer from genetic hair loss. In men, hair loss is caused due to androgenetic alopecia. Furthermore, the expanding popularity of self-care practices in developing countries and the creation of painless, minimally invasive hair transplant methods positively boost hair transplant procedures, thereby driving market growth.

On the contrary, high cost of hair transplant procedures hurdles the growth of Middle East & Africa hair transplant market. 

Based on procedures, the Middle East & Africa hair transplant market is bifurcated into surgical hair transplant procedures and non-surgical procedures. The non-surgical procedures segment held 58.1% share of Middle East & Africa hair transplant market in 2022, amassing US$ 58.08 million. It is projected to garner US$ 227.11 million by 2030 to expand at 18.6% 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 Middle East & Africa hair transplant market is segmented into scalp transplant, eyelash transplant, eyebrow transplant, beard/ moustache transplant, chest transplant, and others. The scalp transplant segment held 74.4% share of Middle East & Africa hair transplant market in 2022, amassing US$ 74.32 million. It is projected to garner US$ 295.12 million by 2030 to expand at 18.8% CAGR during 2022–2030.

Based on country, the Middle East & Africa hair transplant market has been categorized into Saudi Arabia, the UAE, South Africa, and the Rest of Middle East & Africa. Our regional analysis states that Saudi Arabia captured 38.1% share of Middle East & Africa hair transplant market in 2022. It was assessed at US$ 38.07 million in 2022 and is likely to hit US$ 152.32 million by 2030, exhibiting a CAGR of 18.9% during 2022–2030.            

Key players operating in the Middle East & Africa hair transplant market are Acibadem Hospital, Advanced Hair Studio, Hairmax Inc, and Medispa Hair Transplant Clinic, among others.

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