Hair Loss and Growth Treatment Market Worldwide Opportunities, Prominent Players, and Growth Rate, 2023
The factors that propel the growth of the market include changing lifestyle and exposure to the environment
(firmenpresse) - Global hair loss & growth treatment market is anticipated to witness an exponential growth in the forecast period. The factors that propel the growth of the market include changing lifestyle and exposure to the environment, technological advancement of laser hair, increased hair loss problems and aging population, rising disposable income and increased demand for natural products.
On the other hand, there are factors that may hamper the growth of the market including Laser Hair Treatment and OTC Drugs, lack of awareness and high cost or treatment. Hair loss & growth treatment market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
Market could be explored by product type, type, application, end user, distribution channel and geography. Market by product type spans Procapil, Minoxidil, and Others. Based on type, the hair loss & growth treatment market comprises Shampoos and Conditioners, Hair Loss and Growth Devices and Medicine Product. The “Medicine Product” segment led the market in 2017 and is anticipated to maintain its dominance by 2023.
The key applications that could be explored in the hair loss & growth treatment market include Men, Children and Women. The “Women” segment led the market in 2017 and is anticipated to maintain its dominance by 2023. The market could be explored based on end user as Home hold and Commercial. The “Home hold” segment led the market in 2017 and is anticipated to maintain its dominance by 2023. The key factor that may be attributed to the growth of market includes rising demand.
The market could be explored based on distribution channel as Direct Sales, and Distributor. The “Direct sales” segment led the market in 2017 and is anticipated to maintain its dominance by 2023.
North America accounted for the major share of the market in 2017 and will continue to lead in the forecast period. The factors attributed to the growth include technological advancement in the region, increased aged population in the developed regions, consumers, particularly women looking for safe and natural products instead of going for laser hair treatment and increasing environmental pollution. North America is followed by Asia-Pacific region.
Some of the key players that fuel the growth of the hair loss & growth treatment market comprise Taisho Pharma, J&J, Merck, Wal-Mart, Costco Wholesale, Zhejiang Wan sheng Pharma, Bayer, Zhendong Anter, Sichuan Medco Huakang Pharma, Renata, DrFormulas, DS Healthcare Group and Dr.R. PFLEGER. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Themen in dieser Pressemitteilung:
hair-loss-and-growth-treatment-market
hair-loss-and-growth-treatment
hair-loss-and-growth-treatment-industry
healthcare
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healthcare-industry
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Datum: 31.03.2020 - 10:11 Uhr
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Date of sending: 31.03.2020
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