Alopecia Treatment Market - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028

 

Alopecia Treatment

Hair loss due to the widespread autoimmune condition alopecia is most noticeable on the scalp. The most typical type of alopecia, alopecia areata, usually starts with one or more tiny, circular patches of hair loss on the scalp. Additionally, alopecia areata leads to entire body or scalp baldness (alopecia totalis) (alopecia universalis). The bulk of the time, hair flakes off in little quarter-sized patches. The majority of people only experience a few patchy areas of hair loss, while it can occasionally be more severe.

According To Coherent Market Insights, The Global Alopecia Treatment Market Is Estimated To Be Valued At US$ 8,716.1 Mn In 2021, And Is Expected To Exhibit A CAGR Of 5.3% Over The Forecast Period (2021-2028).

One of the main drivers of Alopecia Treatment Market growth is the growing global geriatric population, as ageing considerably contributes to the gradual thinning of hair. Other factors raising the incidence of hair loss include hectic lifestyles, the rise in malnutrition instances, and the rise in people with particular medical disorders such diabetes, lupus, and prolonged weight loss. This is favourably affecting the demand for alopecia treatments around the world, along with the increased emphasis on enhancing physical health and the expanding access to healthcare services.

Segmentations of Global Alopecia Treatment Market-

·       By Disease Type: Alopecia Areata, Androgenic Alopecia, Traction Alopecia, Others

·       By Drug Class: Corticosteroids, 5 AR Inhibitors, Vasodilators, Others

·       By Route of Administration: Topical, Oral, Injectable

·       By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies

Growing awareness of androgenic and areata alopecia, technical advancements in alopecia therapy, and an increase in the prevalence of hair loss are the main drivers of Alopecia Treatment Market revenue growth. Alopecia areata, commonly referred to as spot baldness, is a medical disorder that causes patches of the scalp to become bald. Sedentary lifestyles, poor dietary practises, and rising levels of stress are also increasingly to blame for serious hair loss and damage.

Top Vendors of Alopecia Treatment Market are- Aclaris Therapeutics, Inc., Fagron, Follicum AB, Cipla Inc., Arcutis Biotherapeutics, Dr. Reddy’s Laboratories Ltd., Himalaya Wellness Company, Eli Lilly and Company, Concert Pharmaceuticals Inc., and Teva Pharmaceutical Industries Ltd.

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