Alopecia Drugs Market By Type (Alopecia areata, Alopecia Totalis, Alopecia Universalis) By Route of Administration (Topical, Oral, Injectable) By End-User (Hospitals and Clinics, Salons, Home Care) and By Region - Global Forecast To 2026
17 October 2017
The global alopecia drugs market report, offers in-depth insights, revenue details, and other vital information regarding the global alopecia drugs market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2026. The report offers insightful and detailed information regarding the various key players operating in the global market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global alopecia drugs market report has been segmented on the basis of type, product type, end user, and region. The global alopecia drugs market was valued at US$ 6,901.8 Mn in 2016 and is projected to reach US$ 10,992.9 Mn in 2026 at a CAGR of 4.8% from 2017 to 2026.
Alopecia is a hair loss condition leading to partial or complete baldness in individuals. The severity of hair loss may vary from a small area to the entire body. Alopecia occurs due to fungal infections, serious health problems, and unhealthy conditions confined to scalp. Alopecia drugs are medications that helps to treat and prevent hair loss. There are three types of alopecia drugs – topical, oral, and injectable available in the market. In addition, prevalence of alopecia is more in males as compared to females, as their body generates high levels of dihydrotestosterone (DHT), that shrinks’ hair follicles resulting in loss of hair.
The major factor driving growth of the global market is the rising preference for approved drugs among individuals across the globe. Increasing number of chemotherapy therapy procedures across the globe leading to hair loss in the individuals is expected to support growth of the target market. In addition, there is a rising demand for hair loss treatment drugs with enhanced effectiveness and minimal side effects which is another factor driving growth of the target market. Various combination of drugs is being tried by the healthcare professionals to increase the effectiveness of treatment for alopecia. However, high cost of several topical medications and patent expiry of many drugs are expected to hamper growth of the global market.
Development of drugs that can eliminate side effects caused by conventional alopecia drugs can create high potential revenue opportunity for target players in the global alopecia drugs market.
The global alopecia drugs market report has been segmented on the basis of route of administration, gender, and region. On the basis of route of administration, the global market is segmented into oral, injectable and topical. On the basis of region, the global alopecia drugs market is segmented into The Americas, Europe, Asia Pacific, and Rest of the World.
The market in North America is expected to account for highest market share in terms of revenue owing to government regulatory support for developing innovative drugs and increasing lifestyle changes such as physical inactivity and stress. The market in Europe holds the second highest share in terms of revenue owing to rising incidence of cancer patients and increasing penetration of advanced hair loss treatment therapies. The market in Asia Pacific is expected to be the fastest growing region in target market over the forecast period.
Global market segmentation by type:
- Alopecia areata
- Alopecia totalis
- Alopecia universalis
Global market segmentation by product type:
Global market segmentation by end user:
- Hospitals and clinics
- Home care
Global market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
- Cipla Inc.
- Reddy’s Laboratories Ltd.
- Johnson & Johnson
- Merck & Co.
- Ranbaxy Laboratories Ltd.
- The Himalaya Drug Company
- Taisho Pharmaceutical Holdings Co.
- Sun Pharmaceutical Industries Ltd.
1.0 Chapter 1
2.0 Chapter 2
2.1 Report Description
2.1.1 Market Definition and Scope
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