Hair transplant treatment as people strive to restore their improve is expected to drive market expansion in the near futureat a CAGR of 4.90% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Hair restoration services market “that contains information from 2018 to 2032. the hair restoration services market is estimated to register a CAGR of 4.90% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the hair restoration services market—Engraft, Lexington International, LLC, National Hair Centers, Elite Hair Restoration, Direct Hair Implantation International, grow Laser, Bossley Inc, Cole Hair Transplant Group, and Bernstein Medical are some of the companies involved in hair transplantation.

Market Highlights

The hair restoration services market is accounted to register a CAGR 4.90% during the forecast period and is estimated to reach USD 14.61 billion by 2032.

The increasing incidence of this ailment fuels the need for hair transplant treatments as people strive to restore their hair and improve their look. Aesthetic consciousness has grown in response to the increased emphasis on physical appearance and beauty standards. People are becoming more conscious of hair loss and its impact on their overall appearance, which is fueling the demand for hair transplant surgeries. Continuous developments in hair transplant techniques, such as Follicular Unit Extraction (FUE) and Follicular Unit Transplantation (FUT), have made the procedures more effective, minimally invasive, and yielded better results.

Segment Analysis

The hair restoration services market has been segmented based on Service type, Gender and Service provider.

On the basis of Service type, the market is segmented into Follicular Unit Extraction, Follicular Unit Transplantation, Laser Treatment, Follicular Unit Strip Surgery, and Others. The follicular unit extraction segment was attributed to holding the largest market share in 2022, due to its reduced invasiveness compared to Follicular Unit Transplantation (FUT).

Based on Gender, the global hair restoration services market has been segmented into Male, and Female. The male segment was expected to hold the largest market share in 2022, due to the frequent disorder of Androgenetic alopecia.

Based on Service provider, the global hair restoration services market has been segmented into Hospitals, Clinics, and Surgery Centers. The clinics segment was expected to hold the largest market share in 2022, because these facilities are well-equipped with the tools needed to perform various hair restoration procedures

Regional Analysis

The global hair restoration services market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe hair restoration services market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The hair restoration services market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World hair restoration services market comprises of Middle East, Africa, and Latin America

North America is expected to hold a significant share of the hair restoration market due to the presence of a large target population base in this region, and technology hair transplants were performed at a 22% decrease from the previous year due to COVID-19 pandemic restrictions. However, as limits are eased, the number of hair transplants is expected to climb in the current year, driving the growth of the hair restoration market throughout the forecast period.

Moreover, the Europe market has been persistently growing over the forecast period. Because of Europe's growing emphasis on skincare, increased use of cosmetics, people's quickly changing lifestyles, and increased desire for hair restoration within the region, the hair transplant industry is expected to develop.

Additionally, due to the increasing emphasis placed the key factor responsible for the region's dominating position is the biggest number of hair transplantation surgeries performed. Several research investigations have found that inhabitants in Asia Pacific have a higher prevalence and risk of alopecia.

Furthermore, the rest of the hair restoration services market is divided into the Middle East, Africa, and Latin America. This growth is attributed to the region's rising use the demand for hair transplant surgeries. Continuous developments in hair transplant techniques. Government support, a rise in investor interest, and the viability of the technology in the sector are all contributing factors to the market expansion.

Key Findings of the Study

• The hair restoration services market is expected to reach USD 14.61 billion by 2032, at a CAGR of 4.90% during the forecast period.


• The Asia-Pacific region the increasing emphasis placed the key factor responsible for the region's dominating position is the biggest number of hair transplantation surgeries performed.


• On the basis of service type, the market is divided into four segments: follicular unit extraction, follicular unit transplantation, leaser treatment, and follicular unit strip surgery.


• Engraft, Lexington International, LLC, National Hair Centers, Elite Hair Restoration, Direct Hair Implantation International, grow Laser, Bossley Inc, Cole Hair Transplant Group, and Bernstein Medical are some of the companies involved in hair transplantation.