Alopecia is loss of hair due to a variety of factors the most important being genetic. The loss
of hair due to Alopecia may be partial and restricted to a part of body or complete loss of
hair. The market for alopecia drug treatment represents a huge opportunity as America
alone spends ~ $ 3 billion on hair loss treatment. The market is also choked with unethical
products having no effect on the progress of the condition. In fact many products do more
harm than good.
The Global Alopecia Drugs Market is expected to reach around $ 11.8 billion by the end
of the forecast period and is expected to grow at a CAGR of ~ 6.92%.
The primary market drivers are genetics, increasing awareness, modern lifestyle changes,
stress, drug-induced alopecia etc. The constraining factors are unethical spurious products,
poor efficacy and efficiency of treatment resulting in poor economics to the patient, neglect
of alopecia as it is not life threatening and noncontagious etc. The market is also extremely
fragmented with numerous players small and big and the lifecycle of products is very low.
The market is also very susceptible to social currents and advertisements.
Intended Audience
Alopecia Drugs Manufacturers
Alopecia Drugs Suppliers
Private Research Laboratories
Research and Development (R&D) Companies
Market Research and Consulting Service Providers
Government Research Laboratories
Contract Manufacturing Organizations
Segments:
Global Alopecia Drugs Market has been segmented on the basis of alopecia type which
comprises alopecia areata, alopecia totalis, and alopecia universalis. On the basis of product
type; which comprises tropical, oral and others. On the basis of end users; market is
segmented into hospitals and clinics, saloons and home care.
Key Players for Global Alopecia Drugs Market:
Some of the key players in this market are: Cipla Inc., Dr. Reddy’s Laboratories
Ltd., Johnson & Johnson, Merck & Co., Ranbaxy Laboratories Ltd, The Himalaya Drug
Company, Taisho Pharmaceutical Holdings Co., Sun Pharmaceutical Industries Ltd. and
others.
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Regional Analysis of Global Alopecia Drugs Market: