Consumers To Look Out For Novel Hair Restoration Services In The Near Future

The global hair restoration services market is anticipated to reveal a high CAGR during the forecast period, according to Radiant Insights. Growing cases of hair loss is a common phenomenon found across global demographics. It is irrespective of aging process. Hair restoration can be termed as medical, cosmetic or surgical interchangeably. The hair restoration technique is highly evolved in the past few years with development of novel techniques at present.

The growing problems of hair loss in population across the world is influential for intense research and development. For instance, approximately 40 million men and 25 million women across the world face hair loss phenomenon in their life. Many have received hair treatments with positive results but hair restoration is a novel technique that has a quick recovery time. Techniques such as NeoGraft 2.0 system is a unique and FDA approved hair implantation system. It uses the follicular unit extraction (FUE) hair restoration technique which is minimally invasive and encourages new hair growth within a natural process and prevents the follicle from getting damaged. Therefore, NeoGraft 2.0 system with FUE technique proves highly effective in both, men and women. Another technique like Nanofat Transfer Hair Restoration is a unique hair procedure that stimulates the natural hair growth using stromal vascular that comprises a storage for stem cells. It is also found effective for growth of natural hair follicles on scalp.

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The hair restoration services market is driven by rise in commercial service for hair transplants in the recent years. The transplant surgeries are mainly driven by a high self-consciousness for external appearance in individuals. Apart, the presence of clinical startups with a well-defined infrastructure for hair treatment services in developed markets is responsible for driving a huge demand. Moreover, donor availability and donor supply are interchangeable yet major factors for developing a sustainable market.

Asia Pacific accounts for a significant market share due to rise in cases for hair fall and hair loss problems in the consumer demographics. Major reasons such as change in lifestyle, eating disorders and wide exposure to pollution triggers hair disorders. Apart, growing number of spas and medical startups for resolving hair loss problems in population helps in having a positive outlook on the market growth on the global scenario. Consumer preference for organic solutions in terms of cosmetics is expected to catalyse the market growth. In addition, growing competition amongst key players is helping the regional market growth by leap and bounds.

Some of the key players in hair restoration services market are iGrow Laser, Bosley, National Hair Centers, NeoGraft, Direct Hair Implantation and Lexington.