Persistent Market Research has revealed the hair transplant market is set to be worth a whopping £9 million by the year 2025. It’s estimated there will be a 6.7% CAGR growth within this timeframe.
Hair transplants have already gained in popularity thanks to numerous male celebrities sharing their experiences. Now, according to the research, advancements in technology are set to make the procedure even more popular. Here, we’ll look at what the research revealed and how
What did the research reveal?
The new research revealed several factors which are likely to contribute to the growth of hair transplants. As well as celebrities embracing the procedure, advancements in technology are also going to play a large part in the treatment’s popularity.
It’s also estimated there will be an increase in demand. This is likely to be driven by larger disposable incomes and stress relating to hair loss. There is also likely to be a rise in the number of cancer patients seeking treatment after chemotherapy. This increase in demand is driving companies to focus on developing new hair loss solutions and improvements to the hair transplant procedure.
Are hair transplants a good option?
Hair transplants can be a fantastic solution for those suffering from long-term hair loss. There are currently two methods used including FUE and FUT methods. Donor hairs are taken from the back or sides of the scalp and inserted into the affected area.
It is really important for patients to realise that hair transplants aren’t ideal for everyone. So, before seeking the treatment, you should consult with a hair specialist to determine whether or not you are an suitable candidate. It is invasive surgery so there are also risks and complications you need to be aware of, as well as the cost of the transplant.
