Market Highlights: Hair loss is a medical condition that refers to loss of hairs from head or any part of the body. This condition can occur in both male and female and at any age. A medication is a treatment that is applied to a particular place on or in the body and it comes in large range of classes including creams, foams, gels, lotions, and ointments. Furthermore, this treatment is slows or stops hair loss and promotes hair regrowth. The increasing level of air and water pollution, changing lifestyles of people such as increasing consumption of alcohol, tobacco, and other related products, and the rapidly growing geriatric population are the factors expected to boost the hair loss treatment market in near future The market study is being classified by Type (Minoxidil Solution, Herbal Extract Treatment and Other), by Application (Male and Female) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Hair Loss Medication are Johnson & Johnson (United States), Taisho Pharma (Japan), P&G (United States), DrFormulas (United States), Dr.R.PFLEGER (Germany), Vitabiotics (United Kingdom), Alpecin (Germany), Concert Pharmaceuticals, Inc. (United States), Cipla (India) and Marico (India).
The Distribution Channel, such as Offline, is boosting the Hair Loss Medication market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
The End Use, such as Dermatology clinics, is boosting the Hair Loss Medication market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
Major Market Development Highlights In May 2022,Unilever announced today that it has signed an agreement to acquire a majority stake in Nutrafol, a leading provider of hair wellness products. Unilever currently holds a minority stake in Nutrafol through Unilever Ventures In September 2021, Dr. Reddy's Laboratories announced on the launch of the prescription drug Minoxidil topical solution USP 2% and 5% for the treatment of female pattern hair loss. Dr. Reddy's will sell its products under the brand names Mintop TM 2% and Mintop Eva™ 5% respectively.
Key Questions Answered in the Report What will the Hair Loss Medication Market size and the growth rate be in Future? What are the key factors driving the Hair Loss Medication Market? What are the key market trends and macro-economic impacting the growth of the Hair Loss Medication Market? What are the challenges to market growth? Who are the key vendors in the Hair Loss Medication Market? What are the market opportunities and threats faced by the vendors in the Hair Loss Medication Market? Trending factors influencing the market shares of the Players. What are the key outcomes of the five forces analysis of the Hair Loss Medication Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Hair Loss Medication market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Hair Loss Medication market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Hair Loss Medication, Suppliers of Hair Loss Medication, Distributors and Retailers of Hair Loss Medication, Government Bodies, Research Firms and Hair Loss Treatment Providers. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.