Europe Hair Transplant Market

Europe Hair Transplant Market Size (2024 to 2032)

The European hair transplant market is estimated to be worth USD 3,222 million in 2024 and is projected to reach a valuation of USD 4,909 million by 2032. it is predicted to register a CAGR of 4.79% from 2024 to 2032.

MARKET SCENARIO

Hair loss has become a common problem in many European areas. Several factors, such as changes in lifestyles and unhealthy lifestyles, result in high stress levels, premature greying of hair, and poor health. Male pattern baldness has been concentrated in some countries like Germany and France. Medical conditions such as psoriasis, alopecia areata, fungal hair infection, and polycystic ovarian syndrome result in hair loss either in patches or receding hairline. The prevalence of PCOS in the UK is estimated at around 3% based on primary care data, with an annual incidence rate of 2 per 1000 person-years. These medical conditions can cause frequent hair loss at a younger age among the younger population. This, in turn, is boosting the demand for the hair transplant procedure. The International Society for Hair Transplant Surgery estimated that 736,000 hair transplant procedures were performed worldwide in 2019. This number represented an overall increase of 16.5% from 2017, while in 2019, nearly 635,050 hair transplant surgeries were counted worldwide. 79.8% of French people are affected by hair loss. The incidence of alopecia areata was 0.30 per 1000 people. The prevalence of alopecia areata in 2018 was recorded at 0.60% in adults. The onset of alopecia areata peaked between 25 and 30 for both sexes, although the peak was broader in women.

In addition, the increase in disposable income has increased purchasing power, and the emphasis on appearances also acts as a key driver for the market studied. The data suggests that a large number of people are undergoing hair transplant procedures around Europe. According to the International Society for Hair Transplant Surgery, in 2015, more than one million hair transplants were performed worldwide. The study indicates that of the total surgeries performed, 90% targeted the scalp area and 11.5% targeted areas other than the scalp. In addition, 87.5% of surgical patients were men, while 13.7% of them were women. Therefore, there is a high demand for hair transplantation among male consumers. In addition, the aging population is another key factor for the hair transplant market in Europe. All these factors are anticipated to drive the market growth rate in the future.

However, the presence of alternative treatment options for hair loss, such as medicine, fear of surgery, high surgery and maintenance, and the risk for infection if the procedure is not done in aseptic conditions, will have a negative factor on the market.

SEGMENTAL ANALYSIS

Europe Hair Transplant Market Analysis By Surgical Method

• Follicular Unit Transplantation (FUT)
• Follicular Unit Extraction (FUE)
• Others

Europe Hair Transplant Market Analysis By Surgery Type

• Head Hair Transplant
• Eyebrow Transplant
• Frontal Hairline Lowering or Reconstruction
• Others

Europe Hair Transplant Market Analysis By End-user

• Trichology Clinics
• Hospitals
• Dermatologic Clinics
• Others

GEOGRAPHICAL ANALYSIS

• UK
• France
• Spain
• Germany
• Italy
• Russia
• Sweden
• Denmark
• Switzerland
• Netherlands
• Turkey
• Czech Republic
• Rest of Europe

Regionally, the United Kingdom is forecasted to account for a promising share of the European hair transplant market during the forecast period, driven by the growing number of hair transplant procedures. The market is also driven by a creative selection of innovative drugs for the recovery of the hair transplant market and changing lifestyles such as smoking and alcohol use. Furthermore, with the increasing demand for hair transplant procedures in the country, many physicians are expanding their facilities and product portfolios in the UK market to maintain their position among the competitors.

With the increase in trichology disorders, growing awareness about hair loss treatment options, availability of skilled labor to perform hair transplant surgeries and well-developed healthcare infrastructure, the hair transplant market is anticipated to grow at a healthy rate in countries like Germany, France, and Denmark. There are increasing operations in the hair transplant market and developments in techniques to reduce post-surgical side effects and long-term complications. All these factors, along with growing consciousness about looking good and having good hair, will provide better growth opportunities for the regional markets in Europe for the next several years.

KEY MARKET PLAYERS

Companies playing a notable role in the European hair transplant market profiled in this report are Allergan Plc, Bernstein Medical, Bosley, GETFUE Hair Clinics Ltd., Hair Restoration Blackrock (HRBR), Hair Club, Venus Concept (NeoGraft), Hairline International Hair and Skin Clinic, Hair Transplant Centre Turkey, Hair Transplants of Florida, and Cole Instruments Inc.